IronX - Blending Online and Crypto Trading

in #blockchain6 years ago (edited)

In 2019, I believe there will be two opposite idea for crypto exchanges: Decentralized ones and Regulated ones. Right now we have neither. (People can easily alter exchange with bots, fake volumes etc.)

Some people want decentralized exchanges because they seem more secure, however they are easy to manipulate so companies cannot trust them. But regulated exchanges will solve this problem, and will be a good place for big corporate money. I believe IronX is an exchange where companies will trust and invest. Why? Because:

Regulated

IronX is fully regulated by Estonian Financial Intelligence Unit (FIU) right now, and as they say "DLT" licences in Malta & Gibraltar is coming as well.

It requires KYC & AML, in return they have multilingual global support. Also they have not only crypto, but also Fiat funding options.

IronX is

  • Fully Secure
  • Fully Regulated
  • Blends Online & Crypto Trading

**Founder **of IronX is IronFX, which is working since 2010 and regulated by FCA, ASIC, FSCA, CySEC. They are very well experienced in trading and have 1.2 million retail client accounts worldwide.

Other founder, Emurgo HK was established in 2017. We know them with their successful project called "Cardano (ADA)" token. It is 11th biggest market cap in crypto markets now. (with 1 billion market cap) It had almost 30b market cap in late 2017 and has a big community.

Blending Fiat and Crypto Trading

The IronX Exchange will be able to move your crypto and/or positions to IronFX where fiat trading happens. The opposite will probably be possible too. Also, You will not be alone while doing all these. They have risk management, account management teams will help us along the way. It is a complete service which is brilliant.

I personally never invested in stock markets or Forex, but I jumped into crypto markets. I think IronX can attract people like me, us, and this will be our way to traditional markets. Bleding fiat and crypto is a brilliant idea, they will feed each other. People who do traditional trading/forex will try crypto, people who do crypto investments will try these kind of markets.

The ICO

Just like any crypto exchange, they have their native token too. It is called IRX and it has some benefits. Such as:

  • Trading discounts
  • Voting right on new coin listings
  • Free value added services (e.g. Personal account management, market updates and marketing bonuses)

Also, IRX will have benefits on IronFX too!

  • Trading discounts
  • IB/Affiliate commissions cash backs
  • IB/Affiliate upgrade
  • Portfolio management discounted fees
  • Free value added services (e.g. IronFX card, VIP account, VPS)
  • IRX base currency trading account

They have raised $22.3 million in private sale. Hardcap is $50,000,000. They accept BTC, ETH and Wire transfers. There is total of 150,000,000 tokens in supply, price per token is $0.42

tokenscaps ironx.PNG

As a Christmas promotion, IronX gives 1% bonus to every participant till 7th January for the deposits between $100 - $49,999. There is also the original bonus scheme, if you invest $50k or more you will receive 5% bonus tokens and $150k will get 10%, $250k will get 15% bonus tokens. Bonus is great, and their target group is probably big investors or companies so although those numbers might seem big for us, above $50k will not be an issue for them.

Roadmap

Their beta exchange is alread up and running, and in 15th January 2019 Public sale will be concluded, then tokens will be distributed. After that (in January) IRX will be live on IronX Exchange and there will be a Loyalty Scheme.

To sum up

So in January 2019, we will have a great and regulated exchange in the cryptosphere. It will not be only crypto, we will be able to move our money and positions to IronFX and I think this will be good for little investors too.

We will see in a month.

for more info:
https://ironx.io/

Ann thread
Whitepaper
Twitter
Telegram
Youtube channel

My ether address: 0xC6c55aD4ca903A3aC2c59C5CF2a6D6D37CfC2e26
Bitcointalk profile: https://bitcointalk.org/index.php?action=profile;u=1394165
Telegram: @ rene_magritte

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