IDAP - Transforming Crypto Asset Market

hirushaperera (38)in #bitcoin • 6 years ago

What is idap ?

Idap is an upcoming exchange that is introducing the first complete derivatives ecosystem for crypto assets. Their aim is to become the most trader-friendly exchange, serving all the trading and investment needs of a crypto trader by offering a myriad of diverse product offerings as well as useful and innovative platform features. With its native utility token, IDAP, this exchange is offering many exciting benefits to its token holders, especially to its ICO contributors. From a trader’s perspective, idap.io stands to improve the crypto trading experience. The team comprises of traders who have been active in traditional markets for many years before moving into crypto, a factor that could prove crucial to their credibility, understanding and progression

Problems in other Crypto Trading platforms

Lack of Mature Trading Systems - The trading systems presently available in the crypto landscape are nowhere close to their traditional counterparts. The design philosophy of most platforms is a reflection of the lack of choices available to traders; the prominent form of trading is Spot trading. In traditional markets, where numerous and varied types of financial instruments exist, trading platforms have evolved to support complex operations, automation of certain aspects, sanity in visualisation of different kinds of data, all tied together with large volume handling capabilities and high uptime resulting in a stable efficient platform, packed with advanced tools to provide traders a seamless experience. This however is the result of decades of improvement as needs and demands of traders kept growing and changing

Security problems - A digital ecosystem needs constant protection against hacks and cyber-attacks. Exchanges need to be on their toes as malicious actors find new and innovative ways to funnel out funds from exchanges. Many exchanges have suffered from cyber-attacks that have resulted in losses in order of billions of dollars, and thus security measures need to be used smartly and consistently as a safeguard against hacks. Even simply following industry best practices goes a long way. In addition to these standard procedures, defences against digital attacks are bolstered by investigation of edge cases and enforcement of appropriate counter-measures. Most importantly, regular review and update of security are absolutely crucial.

Poor Customer Support - Crypto exchanges are infamous for poor customer support. Even the established ones have been unable to perfect the art of dealing with customers’ problems swiftly and efficiently. Customers find themselves facing challenges more often than not and reaching through to get resolution is time consuming and frustrating. FAQs and guides only do so much to placate a customer needing a solution to problems and round the clock customer care services are unsatisfactory as they remain overwhelmed by the volume of users needing resolution.

IDAP will solve this major problems

The above mentioned issues affect customers on various levels and in order to shift the industry normal towards better user experience and greater freedom of choices, innovation is required. IDAP is introducing diversified trading and investment instruments with an institutional grade exchange platform, complete with advanced trading tools, dedicated 24/7 customer support and top-level security. Borrowing from the merits of legacy trading systems and coupling them with all the possibilities lent by the crypto trading environment, idap are not merely disrupting the ecosystem of exchanges, but also creating a new way to approach crypto trading and investment. Unlike most of the current exchange teams that majorly comprise of techies with limited exposure to financial markets, the IDAP team and advisors have diverse exposure, comprising of highly successful traders, technocrats and successful entrepreneurs. idap team possesses hands-on experience of trading with global exchanges, market analysis, operating & managing successful enterprises, and customer service & support

IDAP Features

Low fees and commissions
The possibility of P2P lending
Several tools for trades % traders
The best action for the owners of the token
User-friendly application with many different functions
Secure cold storage with cold wallet management capability
Increase market liquidity due to the variability of trading instruments

Conclusion

Thus, IDAP platform is an innovative project that introduces modern financial tools to cryptocurrency market, which gives more opportunities for traders to make profit. IDAP offers work without commission for large clients, thus prompting for large-scale transactions on the project. The project was launched in 2017, and currently there is an operational beta version of the platform. The full version of the platform will be available in mid-2019. The project’s pre-ICO was completed ahead of schedule with incredible success.

Idap Ratings

if you intested in idap platform here is some important details about ico

The token is priced at just $0.03 and out of the billion IDAP tokens, 75% (750 million) have been reserved for sale. Moreover buying 20,000 tokens or more during the ICO results in the holder having to pay zero trading fee for lifetime, while those buying 1.25 million tokens or more will get to use the Master Account for free. Not just this, any trading fees paid in IDAP tokens will get a 50% discount (applicable to those not holding 20,000 tokens or more). With these incentives and the regular burning of 20% of IDAP tokens received in circulation as various types of fees, the demand for the token will be maintained and hopefully fuel the price potential over time.

Token Details

Token Name – IDAP Token Type – ERC 20 Token Price – $0.03 Pre-sale concluded successfully and 150,915,000 IDAP tokens were sold crowd Sale- 7 August To 30 August 2018 Soft cap (in IDAP) – 200,000,000 Hard Cap (in IDAP) – 750,000,000 Total Supply (Fixed) – 1,000,000,000