Sigma by Hydra X – A Platform to trade Multiple Assets across many Avenues

in #cryptocurrency5 years ago (edited)

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Trading on cryptocurrencies is the reason why digital assets continue to flourish like the palm tree. In addition to the collaborations with fiat enterprises, crypto coins have come a long way to hold the center stage of the global financial sector. It’s therefore imperative to make sure that viable exchanges are ready to undertake the enormous task of conducting transactions in a seamless manner and at low costs.

It's a sad reality that even the big exchanges which claim to be very secure like Binance recently got a poke from hackers loosing 7000 BTC which is a whooping amount. Bithumb and the likes have been in this train. Crypto enthusiasts get tired of using too many exchanges, even though some platforms like tab trader have been enacted to manage portfolios they still pose drawbacks, hence it's necessary to enact a very secure trading platform to curb these flaws. HydraX being a game changer looked into these shortcomings and better ways to remedy them and the result was Sigma.

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Introducing Hydra X
It’s worth mentioning that Hydra X is a platform that aims at facilitating transactions on its cryptocurrency exchange. The impact of its services lies in the fact that it integrates multiple asset classes on its platform. The essence of this is to empower traders and users of its ecosystem to gain access to the wide range of trading approaches on its ecosystem.
In addition to this, Hydra X offers marketplace solutions to many enterprises that want to leverage the blockchain technology to facilitate transactions. Besides, its marketplace technologies on the Distributed Ledger Technology (DLT) have a focus on powering the future of financial markets.

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The Sigma X Approach
There’s no gainsaying the fact that many cryptocurrency exchanges are making their way into the crypto-sphere in flocks. Despite the number of exchanges that are in existence and those that are in the pipeline awaiting a successful ICO before beginning operations, one thing is clear – these exchanges need to step up in the game of cross-transactions.
Ironically, cryptocurrency exchange, which ought to be a medium of transacting across multiple platforms are still embroiled in a single mode of -transactions. The impact of this is that they find it hard to transact or share value with other exchanges.

These issues facilitated the need to create a multi-venue trading platform. The essence of this is to enable transactions across borders. It also helps in the integration of multiple asset classes, including digital assets (crypto coins) and fiat assets such as stocks.

Sigma as a Multiple Asset Class Platform

As mentioned earlier, there’s a need to create a platform that unifies multiple asset classes without hitches. That need was the reason why Hydra X created Sigma. The latter (Sigma) functions as multiple trading platforms that allow you to trade on many asset classes. Whether you want to trade on CFDs, crypto coins/tokens, or simply want to transact on stocks, you’re sure that Sigma has necessary features that will make your dream come true.
Considering the impact of this trading platform, it’s important to break down the features for easy comprehension. Below are some of the benefits of transacting through Sigma:

Multi-Asset Trading
It has become common knowledge that cryptocurrencies are the new standard of financial transactions. In light of that, it’s imperative to take advantage of them to edge your way to financial prosperity.
Sigma by Hydra X understands this and explores the whole affair to its advantage. It functions as a multiple asset-trading platform where users can trade on different classes of assets. Here is the empowerment you need to trade on crypto tokens, CFDs, stocks, and Foreign Exchange (FX).

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Mono Trading Interface
Aside from the support of diversification of assets to be traded on the platform, Sigma also allows you to conduct all these transactions from a single interface. The implication is that you would be able to hold transaction on the assets that matter to you without switching accounts.

Efficient Portfolio Management
In addition to the impressive benefits of this platform is the integration of a Portfolio Manager. This empowers traders to make use of scanners to gain access to a wide range of trading tools. You’re also sure of getting real-time alerts on favorite assets, provided you signed up for the service.

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Be Abreast of Happenings
Do you imagine what it would be like to trade without information? Your guess is right; losses tend to be more because enough insights are not at your disposal. In response to this, Sigma integrated a Live News architecture that keeps you abreast of happenings in the market.
There’s no gainsaying the fact that the news will help you to have enough information to enhance your trades.

Collaborative Trading
Partnerships/collaborations are one of the reasons behind the success of every business. Sigma empowers crypto traders to take advantage of its collaborative trading structure to interact and gain insights that will aid their trades.

Zero Fees
The additional cost in a transaction is one of the factors that keep away investors. As a solution to this malaise, Sigma introduced a Zero Fee mechanism aimed at attracting more users into its rich ecosystem.

Cross-Platform Trades
There is one highlight of trading on cryptocurrency exchanges which continues to be absent in many platforms that are in vogue. That feature is interoperability! The time is ripe to foster interoperability among cryptocurrency exchanges to enable users to transact without hassles.

Interestingly, Sigma by Hydra X handles that perfectly with the integration of a cross-exchange architecture that empowers you to trade on different assets across multiple exchanges.

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TAKE ADVANTAGE OF SIGMA'S ARBITRAGE FUNCTION
on sigma, there is a mind-blowing function which let's you know which coins have varying prices on various exchanges. You can buy from one exchange lower and sell higher on the other. See preview below :
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Final Words
Hydra X started operations on a good note. Now is the time to explore other avenues. Luckily, its new product, Sigma, is ready to take the crypto community by storm. Let’s watch out as the unique features offered by this project begins to operate.

Trading on the exchanges below has been made less complicated and flawless by Sigma
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FOR MORE INFORMATION AND INSIGHT ON THIS REMARKABLE PROJECT, PLEASE CHECK OUT THE FOLLOWING LINKS
Website : https://www.hydrax.io/

Register here : https://webtrader.hydrax.io/

Join Telegram discussion : https://t.me/HydraXOfficial

Follow on Twitter : https://twitter.com/Hydrax_io

Facebook page: https://www.facebook.com/HydraX.io

Writer's info
Bitcointalk username : deodivine1
Bitcointalk profile : https://bitcointalk.org/index.php?action=profile;u=1390292
Email : [email protected]

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