IRONX EXCHANGE: A REGULATED, SERVICE-FOCUSED, HIGH STANDARD EXCHANGE THAT FACILITATES FUNDING VIA FIAT AND CRYPTOCURRENCIES

When Bitcoin, the world’s first decentralized currency was created, it became popular and well known in 2009. Since then its value has seen tremendous growth. The birth of bitcoin led to several hundreds of cryptocurrencies, though the main idea behind cryptocurrency is to secure and anonymous way to transfer currency from one person to another. To further develop this anonymity, Satoshi Nakamoto developed a digital ledger of bitcoins transactions called Blockchain.

However, the influx of people into the market has made an astronomical rise of cryptocurrencies like Bitcoin and Ethereum, hence made cryptocurrency market popular, many supporters from different field of professions and businesses around the world embraced blockchain technology hence made industries to begin creating investable new digital asset. Cryptocurrency is predicated on cryptographic algorithms that are encrypted to confirm transactions. Cryptocurrency transactions are recorded on an online ledger called the “blockchain.”

Despite all this, it is a known fact that many of the current exchanges are not making trading easy for old/traditional investors to come on board. A lot of exchanges are being created day by day but with all sorts of problem. Problems like lack of insecurity for investors’ fund, lack of regulation, poor liquidity, lack of customer support and high listing fee.

CHALLENGES FACED BY CRYPTOCURRENCY EXCHANGES

Security Issues: Security issues have been the talk of the day, it is the biggest threat to cryptocurrency exchanges, many often times exchanges face security issues because of hackers who sends all sort of Trojans and malicious links to affect exchanges which leads to many investors fund been stolen.
Delay in transactions: Another issue with exchange is the delay in transactions; most exchanges are slow; from initiating a trade to making deposit or withdrawals.
Lack of quality of service: Many existing cryptocurrency exchanges lacks proper customer support service. They also lack the necessary human capital infrastructure to support the increased number of customers and transactions.
Lack/poor liquidity: This is also a barrier to exchanges, due to lack of liquidity, sometimes orders are not been quickly placed because of low supply and demand of some coins thereby leaving traders to wait for required buyer/seller to arrive on the exchange.
Fiat funding issue: Another main issued faced by exchange users includes the use of cryptocurrency for purchasing crypto. Many of the exchanges do not allow users to buy cryptocurrency with FIAT money.

UNIQUE SOLUTIONS PROFFERED BY IRONX EXCHANGE

IRONX Exchange plans to be a well and fully regulated exchange having the KYC feature and AML processes. It is also investigating the use of a PI license under the financial conduct authority.
THE IRONX Exchange will also be offering interconnected platform that would be linked with multiple high and famous exchange partners to increase volume. The exchange will also leverage the best technology to provide a deep order book for good liquidity.
The IRONX Exchange will also employ the best, experienced, and multilingual customer support team to see to the queries of users.
The IRONX Exchange will also leverage the best technology to create an advanced platform that would be easy to use while also having the best of high security like; two factor authentication, rate limiting, concurrent connection limits.
The IRONX Exchange also plans to offer a seamless FIAT deposits and withdrawals. This will be facilitated by the connection between the IRONX platform and crypto-friendly banking institutions.

OUTSTANDING FEATURES OF THE IRONX EXCHANGE

High-grade security and data protection
Easy and seamless FIAT-to-CRYPTO purchasing capabilities
Easy-to-Use platform interface
Monitoring and alert
Simple system management
Ultra-high performance architecture to handle global industries

BENEFITS OF IRONX EXCHANGE TO TRADERS

Users will have access to multiple different cryptocurrencies
Client will enjoy 24/7 supported trading
Fixed transaction fees
Audit trades
Clients will be able to place, edit and cancel limit orders into the order book via API.

THE IRX TOKEN

IRX token is the exchange coin and an ERC-20 utility token that will be used to facilitate transactions in the platform. Users will be able to choose between paying their fees, such as trading fees, in the currency of that transaction or paying with IRX Token. Fess paid using IRX tokens carries a discount of about 50% for year 1 , 30% for year 2 and 10% for year 3.

Listing fee can also be paid in IRX Token.
Holders of the IRX token will also benefits in different ways, among are:
Discounted fees for portfolio management
Discount in spreads on traders on trading products
Upgrade introducing Broker/Affiliate without the existing requirement
Free IronFx card, VIP accounts with no requirement, free virtual private server (VPS) without requirements.

TOKEN SALE