XTRD – Unifying Cryptocurrency Exchanges

in bitcoin •  6 years ago 

XTRD has included a group of veteran Wall Street exchanging experts with a mission to bind together the cryptographic money trades. This mission has shown in four items that are altogether interconnected. These items are a brought together FIX API like ones effectively utilized for high volume exchanging, a Single Point of Access (SPA) for digital money trades to expand liquidity, a downloadable exchanging stage to called XTRD Pro, and an incorporated Dark Pool for transforming crypto into fiat. With a more secure and solid framework, substances, for example, banks, mutual funds, and huge institutional brokers can undoubtedly get to digital money markets.

OFFICIAL YOUTUBE PRESENTATION


Website https://xtrd.io/

White Paper https://xtrd.io/xtrd_whitepaper.pdf



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ABOUT XTRD

As of January 2018, there are more than 120 independent digital currency trades, encouraging exchanging in excess of 1000 individual markets. Every day exchanging volume for digital forms of money is currently proportional to 20 billion USD, with an aggregate market top of over $700 billion. Most of the exchanging is concentrated among the main 20 trades, designated in various monetary forms going from crypto ones including Bitcoin and Ethereum to sovereign ones, for example, USD, GBP, JPY, CNY, and KRW, among others. Expectations point to development toward a $1-2 trillion market capitalization in 2018, and a comparing 3% normal day by day exchanging volume of $50 at least billion. Resource supervisors are starting to see the expanded interest for cryptographic money presentation in their portfolios, more than 500 dynamic assets are being made to enter the market in 2018, and the administrative atmosphere is warming. Be that as it may, the market is beginning, and vast spreads are normal between trades on the same crypto sets, taking into account plentiful arbitrage openings that don't exist in more proficient markets. The wastefulness is a result of cryptographic money exchanging markets being exceptionally cracked regarding execution, account setup, computerized get to, liquidity, execution speed, valuing, and security. XTRD was made by back and exchanging experts to take care of those issues by both enhancing and combining current exchanging hones.

WHAT PROBLEM IS XTRADE (XTRD) SOLVING?

  • The accompanying issues are related with cryptographic money exchanging:
  • A mind boggling web of trades
  • A blend of contrasting KYC arrangements related with APIs, financing, and interfaces will bring about a divided interwoven of liquidity for the digital money. Real worries for customary cryptographic money advertise members go from liquidity and hacking counteractive action to unmitigated slippage and counterparty dangers.

HIGH FEES

The trade commissions related with exchanging of digital forms of money regularly are in 0.1%-0.25% territory for every exchange, which are 10 to 25 premise focuses. The viable charges of exchanges are significantly higher when taken into spreads and offers kept up by the trades.

There is for the most part no focal controller or specialist for looking at inside trade arranges that efficiently isolates client movement from exclusive action, which can guarantee reasonable evaluating.

THIN LIQUIDITY

If not managed correctly and executed only on the exchange, a single order to purchase USD1,000,000 worth of cryptocurrency can cost an additional USD50,000-USD100,000 per transaction to the investors due to the lack of liquidity.

XTRADE offers the following solutions:

Three separate items in consecutive stages will be propelled by XTRADE to tackle the issue of low per advertise liquidity, decentralized execution in cryptographic money space, and new interfaces.

Stage 1. Implementation of the Multi Exchange Fix API

Xtrade will dispatch an all inclusive low inactivity Financial Information eXchange (FIX) based API that will be associated with all digital money trades to make it simple for real calculation dealers, significant foundations, and speculative stock investments to get to all cryptographic money showcases by coding to only one FIX application.

Stage 2. Launching the XTRADE pro-trading platform

A very vigorous, multi-trade remain solitary exchanging stage will be propelled by Xtrade in 2018 for dynamic digital money merchants around the globe.

Stage 3. SPA (Single Point of Access) cross-exchange/liquidity aggregation

This stage will make a solitary bound together purpose of access amid organize 3 of advancement. It will total liquidity crosswise over trades for digital currency dealers. What's more, it will enable dealers to clear at the most ideal cost while deliberately conveying the least conceivable exchange cost. It will likewise convey nuclear swap capacity all inside only one customer side record.

WHY IS XTRADE (XTRD) A GOOD PROJECT?

This platform wants to it simple for investors to effectively interact with cryptocurrency markets.

Price transparency: It will aggregate prices from all exchanges in real-time. It means that if any cryptocurrency is trading at a discount half across the world, cryptocurrency will know.

Lower execution cost: This platform will be able to access lower trading fee tiers by trading at high volume across exchanges and aggregated trades. It will then pass the saving onto clients.

More liquidity: This platform will allow cryptocurrency investors and traders to instantly access liquidity. It will allow for improved arbitrage opportunities, higher execution quality, and better price.

Reduced counterparty risk: This platform gives traders the benefits of worldwide price liquidity and improvement without the counterparty risk.

Reduce Slippage: The liquidity pool aggregation and smart routing tools break into smaller pieces for ensuring that slippage is a non-issue.

Multiple Markets with One Account: This platform allows investors and traders for trading multiple markets with a single account with no need to open separate accounts at different exchanges and systematically track price manually.


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ICO INFORMATION

TokenXTRD
Price in ICO1 XTRD = 0.1 USD
CountryCayman Islands
Whitelist/KYCKYC & Whitelist
Restricted areasPersons located outside the US, and US Accredited Investors
ICO start20th Feb 2018
ICO end31st Mar 2018

TOKEN PRICE AND TOKEN SALE

  • XTRD token is an ERC20 compliant utility token, which is developed on the Ethereum blockchain just like other popular ICO tokens such as BunnyToken, Cibus, Amon, Aktie Social, Alttex, THEFANDOME.
  • It will be used as a primary means of payment by users for obtaining services rendered by this platform.
  • XTRD tokens will be sold by this platform to accredited investors through a SAFT (simple agreement for future tokens).
  • The price of one token will be USD0.10 during the ICO sale.

ALLOCATION OF TOKENS

  • 50% of XTRD tokens will be issued for sale during the ICO event.
  • 29% will be held in reserve
  • 10% XTRD tokens will be allocated as an advisor pool.
  • 10% XTRD tokens will be allocated to a team.
  • 1% tokens will be allocated for bounty rewards.

USE OF XTRD FUNDS

  • 70% of the funds will be used for SPA development.
  • 5% will be used for tech acquisition.
  • 5% will be used for sales and marketing.
  • 5% will be used for legal and compliance purposes.
  • 15% of the funds will be used for platform developments and operations.

PARTNERS


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XTRD TEAM


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JOIN XTRD COMMUNITY

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