Trade.io is a new trading platform based on the blockchain that is set to democratize the markets and change how the financial ecosystem functions. This system uses peer-to-peer platforms as a way of supporting trades for an incredible range of assets. The platform will also use its own cryptocurrency, known as TradeToken.
The developers behind trade.io hope to create the largest trading liquidity pool, which will comprise TradeToken holders, to benefit those holders. Their goal is to eventually become the leader of platforms for trading multiple types of financial assets while using the blockchain technology. Users can choose from three platforms, including a mobile one, Classic, and Nitro.
Who Is Behind Trade.io?
The management team behind trade.io has more than 20 years of experience in investment banking, which includes IPOs and listings, mergers and acquisitions, fundraising, and advisory. This team has led consulting forms, startups, and tech companies, and has held senior management positions at various public companies, such as NASDAQ. The CEO alone, Jim Preissler, has over 20 years of experience in international business along with a thorough background in investment banking and deep private equity. He has also been CEO, CFO, COO, and on the Board for various public companies.
TradeTokens are the cryptocurrency associated with trade.io; investors can purchase them as part of the pre-ICO starting on November 7, with the ICO beginning November 22nd. TradeTokens are known as TIOs. The TradeToken is essentially a utility token which participants use for their transactions across the full range of assets. With the TradeToken, investors can participate in the shared liquidity pool. They can also use it to buy new IPOs and issues via the exchange.
What Should You Know About The ICO?
The trade.io ICO is different from other companies’ similar ICOs in that, while most ICOs only offer trading for cryptocurrencies, trade.io offers over 120 different instruments. It also meets the regulatory first-adopters for investment banking, which cannot be said of all other ICOs. While many ICOs have no previous experience with the blockchain and a controlled liquidity pool, neither of these shortcomings apply to the trade.io ICO. The liquidity pool is decentralized and the developers have experience working with blockchain p2p technology, dramatically improving the platform’s chances of success.
The company is now offering up to 275 million TradeTokens, which are available to purchase in the ICO from 7 December until 4 January 2018.
- Tiered Pricing Structur
- Dec 7th 09:00 CET – Dec 14th 08:59 CET 1 ETH = 900
- Dec 14th 09:00 CET – Dec 21st 08:59 CET 1 ETH = 800
- Dec 21st 09:00 CET – Dec 28th 08:59 CET 1 ETH = 700
- Dec 28th 09:00 CET – Jan 4th 08:59 CET 1 ETH = 600
How Are Investments Kept Safe?
Cryptocurrency is still known as a relatively risky investment, which is why trade.io takes numerous steps to improve the security of any investment. Trade.io prides itself on being the gold standard within the blockchain fintech space. It strictly follows all the Know Your Customer (KYC) and Anti-Money Laundering (AML) procedures and meets the regulatory requirements for investment banks.
To give you further confidence, the team as a whole has decades of experience, including on Wall Street and in other areas. It also works closely with global financial regulators for additional financial protection. In fact, trade.io has hired some of the biggest names in the banking compliance world. In the near future, it also hopes to get a Swiss Banking license and an exchange license, both of which have strict requirements that further enhance investments’ protection.
What Sets Trade.io Apart From Others?
The team behind trade.io includes advisors and management from fintech, blockchain, investment banking, and trading, allowing for a diverse range of influences and experiences that can contribute to the platform’s success. Every transaction on trade.io will include an indelible receipt, thanks to blockchain technology; this ensures that the clients always experience complete transparency.
While most trading platforms stick to a single type of asset, trade.io allows for trading multiple assets, helping both individuals and financial institutions. You also have the ability to help with new and existing funds, helping them raise funds or become listed on the exchange. A huge difference from other similar platforms is that trade.io is fully compliant with all the required regulations: KYC, AML, and compliance.
What Should You Know About The Liquidity Pool?
The trade.io liquidity pool also differentiates it from other platforms as it has multiple revenue streams, each of which is transparent. Just some of these include transactional proceeds and margin financing. There are even daily distributions for the participants in the liquidity pool, which they will receive directly in their e-wallet in either fiat or cryptocurrency. The use of the TradeToken makes participating in the liquidity pool incredibly simple, particularly compared to other trading platforms.
One of trade.io’s goals is to create the largest trading liquidity pool, which will provide benefits to the TradeToken holders. To help with trading, about 50 million TradeTokens, which is around 10 percent, will enter the liquidity pool.
What Technologies Does Trade.io Use?
What Is The Timeline For Trade.io?
Following the ICO, which will begin on November 22, 2017, early December will see FXPRIMUS and Primus Capital UK adopting trade.io early. This will give the exchange a springboard that lets it deploy its innovation to hundreds of thousands via the companies’ networks. Also in December, the team will complete MT4 blockchain integration. The trade.io Liquidity Pool will launch in January of 2018, with the trade.io Exchange officially launching in April. In July, the project will get a Swiss Banking license and launch the trade.io Investment Bank. Finally, in December of 2018, the trade.io IPO will occur.
At its launch, trade.io should make it significantly easier for clients to invest in a range of assets. While most current exchanges focus on a single type of asset, trade.io’s ability to accommodate over 120 types makes it a valuable tool. The compliance with regulations and extensive experience of the management team should provide investors with further peace of mind and help ensure this platform’s success.