An General Review of Trade.io

in #cryptocurrency5 years ago (edited)

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The blockchain technology has grown so complex and to an extent complicated and highly technical, which made it more difficult for some new traders to go into it without incurring loses; they might lose most of their deposits if not all. The blockchain technology became more and more advanced, and as a trader, you just have to keep up with the trend or you will be left behind. In this same growth capacity, lots of cryptocurrency exchanges have emerged. But it is quite unfortunate that only a few exchange platforms are concerned with the welfare of beginner traders to ensure that at some point they fit in. There is a solution to this problem, it is trade.io.

Trade.io aims at becoming the world’s premium trading platform for the capability to trade multiple types of financial assets (digital currencies and fiat) on the blockchain ecosystem.
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WHAT IS TRADE.IO?

Trade.io is a next-generation financial system that is based on blockchain technology. Trade.io has emerged to eliminate the existing situation in the financial institutions on the blockchain, to bring in a new generation of trading and financing. The team behind this brilliant platform are special individuals with high experience developers based in Zug, Switzerland popularly known as Crypto Valley.

The next-generation blockchain-based financial trading platform has finally launched its highly customizable and unique financial exchange to the public! For now, The platform is offering these tradable instruments: BCH(Bitcoin Cash), LTC(Litecoin), ETH(Ethereum), BTC(Bitcoin), TIO (TradeToken) which is their native currency, and USDT (Tether).

The primary goal of trade.io is to create a financial and trading platform for cryptocurrencies and assets built on blockchain technology. However, as time kept progressing, they came up with a long-term goal which is to provide a Forex trading platform and Contract for differences (CFD) for various assets like indices, precious metals, commodities, oil and many more.
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The Contract for difference (CFD) trading allows traders to speculate on the market volatility; the rising and falling of the global financial markets such as currencies and treasuries, commodity shares and so on. CFDs are quite different from Forex trading, CFD trading has to do with various types of contracts engulfing a distinct set of markets mentioned above while Forex is mainly concerned with pure currency trading.
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WHAT CHALLENGE DOES TRADE.IO SEEK TO SOLVE?

Trade.io was created to resolve major challenges tampering with the advancement of financial markets across the globe. This is how the company’s whitepaper explains these challenges:

AN ENTIRE ENVIRONMENT OF FINANCIAL BODIES WHICH COMPRISES OF RECORD KEEPER, ADVISORS, MARKETS, AND BANKS ARE EXTORTING HUGE FEES FROM BOTH COMPANIES AND INVESTORS. AS A RESULT OF THE DISORGANIZATION GENERATED BY LOW VOLUME OF LIQUIDITY AND ENORMOUS FEES, CURRENT TRADING PLATFORMS HAVE COME SHORT OF TRANSPARENCY, THERE IS NO EXISTENCE OF THIRD PARTY VERIFICATION AND THERE IS AN EXISTENCE OF CONFLICTS OF INTEREST.

Trade.io found a purpose and an opportunity to utilize the power of blockchain technology. With this blockchain-based trading platform, trade.io intends to balance the financial market structure, which will, in turn, lead to a reduction or even elimination of unnecessary fees, reserve money for both the clients (investors and traders) and companies and eradicate inefficiencies in the crypto economy.
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THE FUNCTIONS OF TRADE.IO

During the launch of trade.io, the platform looks forward to achieving more than 120 various financial instruments which include, Forex pairs, CFDs, cryptocurrencies and many more. Now let's move on to outline some major features of the platform. The features include:

The platform has a flexible nature, which allows traders on the platform to conveniently create their perfect trading environment, to ensure that traders maximize their profits.

Trade.io offers default widgets that include order book, trade history, order history and so on. With this level of simplicity in the User-Interface, beginner or infant traders could learn how to trade effectively, more traders and investors will flood the market causing an increase in the volume of liquidity in the markets.

Trade.io doesn't give room for complications during trading sections. Traders can save up some customized canvas layouts if they please. This feature is easily accessed with one click.

With trade.io customer service, no problem is left unattended to. Trade.io opens their customer service line for users on the platform. All problems associated with your trading interface will be taken care of in less than 24hours. You can reach the customer care representatives via telegram, e-mail, and through their website. Often times, users are faced with one challenge or the other some questions about security and all. Trade.io has a rate of centralisation in their system, which is to say, that your assets are fully secured.

Thanks for reading, I will be coming you way with more updates, I am @meemee.

For more information you can check out this links below:-

Trade.io website

Trade.io LinkedIn

Trade.io Telegram

Trade.io Medium

Trade.io Instagram

Sources:

Trade.io

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