Trading involve the exchange of goods and services between a buyer and seller using an assets of value or a legal tender. It simply means buying and selling activities carried out by two or more parties.
Crypto currencies are digital assets which are accepted as a means of payment for goods and services. Just like Fiat currencies are exchanged for one another e.g. Dollar for Pound, so are crypto currencies also exchanged.
OVERVIEW
Crypto currency is beginning to gain an increased acceptance as a medium of payment for goods and services. According to reports, in January 2018 the value of crypto currencies in the crypto market exceeded $800 billion of which volumes of transaction recorded on a daily basis in some trading platforms like Binance and OKEx accounted for about $15 billion.
This potential exhibited by the market signaled the establishment of trading platforms that providing trading services for crypto traders. Overtime, it has been experienced by traders that trading on these platforms is quite difficult. This is as a result of the complex User Interface (UI) of which trading platforms operated with, as a result resulted in inefficiencies.There was an instance where a friend of mine complained bitterly of the operating system of a particular trading platform. According to him the whole thing was just too complex making it difficult to easily navigate through the tools for trading on the platforms.
It is premised on this fact that led to the creation of EXTRADECOIN. EXTRADECOIN is a crypto trading platform with the intent of providing a high quality and simple environment for crypto traders in the execution of trading services.
PROBLEMS ASSOCIATED WITH EXISTING PLATFORMS
Owing to the inefficiencies of the existing trading platforms, the following problems were experienced by crypto traders on the platform. Some of which include:
The existing trading platforms operated a complex system, trading on the platforms was cumbersome as a result of the complex User Interface it was characterized with.
Trading sometimes takes couple of minutes before being executed; the crypto market is characterized by a very high volatility rate sometimes at which it took seconds, minutes for prices to fluctuate. This scenario needed a system that could execute transaction faster than the market fluctuations.
They did not provide for a wide range of trading tools as this resulted in the inability of traders to efficiently maximize their portfolios using these tools.
SOLUTION
EXTRADECOIN utilizing its strategies seeks to provide solutions to the problems crypto traders faced using these platforms. They include:
Extradecoin aims to infuse the latest technology in the platform so as to encourage trading activities on the platform, using an enhanced User Interface with multiple languages making it user friendly. Therefore, trading on the platform is simplified.
The platform boasts of a robust inventory or trading methods ranging from margin trading, spot trading- trading that offers instant execution of orders.
With the Extradecoin platform, there is no need to worry about market fluctuations as it has the ability to execute over 1,000,000 (1 million) transactions per second which makes trading fast and profitable.
What I Think
The Extradecoin platform seeks to provide an easy, high quality environment for trading crypto currencies through the adoption of blockchain technology.
If you want a platform with the right structure and tools to maximize your portfolio I will advise you to choose EXTRADECOIN.
The EXTRADECOIN is opened to the public for partnership via their initial coin offering (ICO) which is presently ongoing and you will be making the right decision by joining this team because very soon, EXTRADECOIN will be the leading crypto trading and exchange platform globally. Join the ICO today!
For more information about the ICO visit the essential links below:
ESSENTIAL LINKS
ANN | Website | Whitepaper | Twitter | Facebook | Telegram | Telegram Channel | Medium |
Author’s Details:
Bitcointalk Username: Sorento
Bitcointlak profile URL: https://bitcointalk.org/index.php?action=profile;u=1910177