IronX : Revolution in Crypto Trade

fixzion (25)in #ico • 6 years ago

IRONX is a platform initiated as a global one-stop trades system for the purpose of quality resources. This venture seeks to offer a fair, safe, and clear digital assets trading-service for the blockchain world.In addition, this stage is designed, not only to produce an ecosystem that will function for cryptocurrency trading but also functions for financial products token with huge differences in digital space.

The IRONX is an exchange platform that allows users to trade using local currencies from various countries. This is what makes our trade more quickly and easily because users can buy or sell cryptocurrency directly, not by methods that are slower and more difficult to use through intermediaries, such as BTC or ETH. This also means that users can trade from various countries without additional difficulties, this is what makes IRONX different from other types of exchanges.

IRONX is one of the results of developing the blockchain industry that experiences better performance and good ideas, based on a system that allows investors to be more open to symbolic investment.As one of the first blockchain platforms to be produced, the company wants to help investors care more about the economic weaknesses experienced by many people around the world in a concept of reciprocal assistance as an investment that can be used by users on this registered blockchain platform. The essence of some important points of the IRONX platform is that most registered investors and potential investors will start their business on the entire platform.

Founded in 2010, IronFX is the world's leading online forex trading brand, with 10 trading platforms and more than 200 tradable instruments. IronFX serves retail and institutional customers from more than 180 countries in Europe, Asia, the Middle East, Africa and Latin America and provides support for more than 30 different languages. The group is authorized and regulated by four major regulators in the world FX, FCA (UK), ASIC (Australia), FSCA (South Africa) and CySEC (Cyprus)

Business Concept

After reviewed the business concept from the IronX whitepaper, I saw that the IronX's business concept had good and logical qualities. Today, many cryptocurrency trading platforms and websites were created by inexperienced developers and companies, thus bring up various problems:

Not complying with or having no regulation;
Slow;
Bad interface;
Not safe (frequently hacked);
Customer support is not responsive to handle complaints; etc.

Since IronFX has the experience to create a high-performance forex trading platform, the idea of making a large-scale digital currency trading platform could pretty much be realized. Like forex and stock trading in general, there are key success factors, such as:

Comply with the regulations (for customer protection);
Its architecture has a very fast and robust performance;
High-level data security and confidentiality;
The user interface is intuitive and easy to use; and
Quality service support.

The IronX project promises to create a product that can accommodate these key success factors, and in my opinion, the possibilities are large enough to be realized.

The IronX project promises to create a product that can accommodate the key success factors, and in my opinion, the possibilities are large enough to be realized.

Marketing Strategy

Because IronFX (forex) already has a user base of 1.2 million retail users, this JV project has more value from the start (if some existing users continue to join the IronX trading platform). Furthermore, there are gift programs that are managed by leading gift managers ( btcltcdigger ) that will make user acquisitions faster.

In addition, IronX is also actively involved in conferences such as on The Asia Blockchain, and FinTech (ABF) conferences held on 27/10/2018 until 01/11/2018. By the way, IronX also sponsors this event.

Problem

Anyone involved in electronic money exchange activities, today each of them face the same problem. The inconvenience of these issues is not only exchanged by managers, but also by customers using their services. We list the most serious problems:

Lack of regulation: Most electronic money exchanges are not regulated by law, involving customers of these exchanges unable to feel and their money is safe. Anything that can happen at any time: the site will not open or the stock exchange application will not start, all assets from your balance will disappear, hackers will break the protection and steal all the money.
Low liquidity. This is one of the most important indicators for customers. If there is not enough liquidity, traders will not be able to close positions at good prices and investors will not be able to gain position in the portfolio at competitive prices.
Inability to supplement fiat currency balance. A very common problem. Users want to transfer money directly from their bank card to their exchange account to transfer money instantly to the selected digital asset.
Customer support. People who face issues on the exchange will confirm how long you have to wait for the response from those people. support for created application. Either the customer simply ignores it and it is impossible to reach a solution to their problem.

Solution

With so many years of experience in the field of exchange, the team has decided to keep up with modern technological advances and launch an electronic money orientation on its foundation. Developers intend to create a market-oriented, customer-driven, high service standard. First of all, users will be able to add their stock accounts and withdraw money in fiat currencies.

To successfully launch a digital asset transaction, the team identified a number of key areas that need to be implemented:

Regulation: The exchange will be regulated by financial institutions in accordance with state law. All customers will have to go through their identity verification process (KYC). Such measures will ensure maximum safety for client accounts and comfortable work, without fear that the exchange may be closed.
Liquidity: To ensure high liquidity for all trading tools presented on the platform, IronX exchanges in partnership with a number of counterparties, if needed, will be able to provide the missing quantity. Liquidity.
Customer Support: As mentioned, the IronFX Forex Trading Platform has a large technical support team that communicates with clients in more than 30 languages. The interface and functionality of the platform will be as intuitive as possible, and developers are confident that users will be able to understand it independently. If you still need help and the customer will contact technical support, his problem will be resolved quickly.
Currency support Fiat: The entry, withdrawal and conversion of Fiat currency will be the main difference between IronX. The exchange plans terminate several agreements with banking structures that will allow the service of the customer's electronic funds accounts.

IronFX Forex Market is available to act as a browser version, you can also download the MetaTrader 4 terminal for your mobile device and set up synchronization with your trading account to deal. Similarly, transactions from the web and mobile version of the exchange will also be available to IronX customers in the direction of electronic money.

IronFX & EmurgoHK New Crypto Trading Platform

The IronFX Group and EmurgoHK Group, will be joining forces so as to create a crypto exchange that will operate as a regulated, service-focused, exchange. IronFX is a global multi-regulated foreign-exchange trading provider and EmurgoHK is a Hong Kong company that accelerates different blockchain projects and has created the Cardano Blockchain.

The new platform will be known as IronX Exchange and will be operating as a regulated company that will provide funding via fiat and cryptocurrencies. The information has been released by Finance Magnates, which had privileged access to this information.

Both firms will combine EmurgoHK’s blockchain experience with the IronFX’s existing regulatory and operational practices, processes and solutions. Additionally, the exchange will allow the FX broker to provide risk management, back-office, account management, payment, and banking solutions.

Some of the benefits of this platform will be related to facilitate to move positions from cryptocurrency trading into traditional online trading. Additionally, it will be possible for clients to use their crypto accounts and digital assets to migrate, or partially move positions into the IronFX’s platform.

Exchange Ecosystem

The IronX Exchange ecosystem aims to foster a community of users and traders supported by a specialised team of customer service representatives. Users will interact on an advanced site designed to deliver specialised customer service in parallel to its regular platform use, thus creating an optimal exchange with ease of operation for new and experienced traders alike.

Customer service will include a myriad of client-oriented features such as hotline support and live chat options, with multilingual support in over 30 languages, in addition to a uniquely easy-to-use and straightforward trading software. Users will experience an efficient platform devoid of costly slippages, with maximized page load speeds and rapid server responses to site activity.

IronX Features

Fully regulated: the Group actively seeks to obtain a license and be properly regulated. Currently he is licensed by the FIU in Estonia, but will actively implement licenses in other key jurisdictions. In this regard, the group is considering Gibraltar and Malta.
Existing customer base: IronX builds on our 1.2 million existing IronFX Group retail customers and 150,000 Cardano followers, giving us access to a huge liquidity pool
FIAT and CRYPTO Financing: our platform will provide a full range of traditional financing options for FIAT and CRYPTO wallets.
24/7 Support: IronX will be the first exchange that offers not only 24/7 support, but also the language that our users speak, satisfying their needs.

Advantages of the IronX

Diversifying investments
The IronX Exchange aims at offering crypto investors who are looking to diversify their investments by giving direct access to the low-correlation asset classes that are available on the IronFX Group trading platform. This includes the ability to use higher than the normal leverage when trading on the IronFX Group trading platform. Through using potential seamless together with the traditional online trading, the IronX Exchange is able to provide an overall increase in adaption as well as awareness of cryptocurrencies and crypto trading. This will lead to greater use of the ecosystem increasing the number of users.
Increase volume
The cutting-edge leveraging system will help to facilitate increased volume via multi-party interaction as well as combining traditional online trading. This will be addressed by solving the existing crypto industry issues and optimizing the crypto exchange experience intended for the novice as well as experienced traders alike.
Addressing the existing crypto industry challenges
The ironX Exchange is looking to solve the existing crypto market problems by introducing a market-leading technology platform which has a multitude of high-grade features. Also, it aims at providing a highly secured connection between exchanges and third-party institutions. This will decrease problems while increasing the trading volume which is the major challenge for the new exchanges. In addition, it will create high level and easy to use for all crypto trades to buy currency.
Seamless connectivity
The IronX Exchange is looking a way to offer seamless connectivity with the IronFX Group traditional online trading platform that will be able to leverage the IronFX Group’s long-standing, global operational excellence as well as a multi-regulatory presence by introducing a new standard of customer support in combination a strong regulatory framework. The seamless connectivity will be designed and implemented carefully and will involve business process, strict policies as well as technology solution which are all designed and managed using the highest level of legal, regulatory and compliance standards.

The IRX token sale

The IRX ERC-20 Utility Token will function as the main token on the IronX Exchange, which supports system usage. Costs paid in IRX tokens will bring discounts, giving incentives to traders who often use IRX for all costs and transactions. IRX token holders will also benefit in various ways. Based on the level of ownership, they will be entitled to additional services and incentives for the IronX – IronFX Group ecosystem.

Details ICO

Token: IRX
Price: 1 IRX = 0.42 USD
Bonus: Available
Bounty: Available
Platform: Ethereum
Payment accepted in: ETH, BTC, Fiat
Minimum investment: 100 USD
Hard Cap: 50,000,000 USD
Country: Estonia Country residents who can not participate in the ICO: USA, Cyprus, Burma, Cote d’Ivoire, Cuba, Iran, Syria, Sudan, North Korea.