The Arbidex platform is a server for trading cryptocurrency at the most attractive rates. The main goal of the developers of the platform is to create the first trading platform aimed at implementing a comfortable and profitable process of trading cryptocurrency for all participants. So, for example, a user of the Arbidex platform in the process of purchasing cryptocurrency will be able to choose the most profitable rate from the number of exchange partners of the Arbidex platform. In addition, Arbidex will introduce the possibility of social trading, margin trading and other popular trade directions.
The history of the platform development began in the 4th quarter of 2016 with the launch of manual arbitration. In September 2017, the arbitrage system was launched on an automatic basis. Further, in 2017, Arbidex platform launched a personal account option with the ability to trade cryptocurrency, including its purchase directly from the personal account, the availability of cross-currency arbitrage on 5 exchanges using 10 different currencies. The launch of the platform in the form of a full-fledged crypto exchange is planned for the first quarter of 2018, accompanied by the opening of an office in London.
The Arbidex platform has developed and plans to launch its own token, the use of which provides a number of advantages to the platform users. For example, ABX tokens provide an opportunity for preferential use of the system in the form of reduced commission fees. Payment of conversion commissions on Arbidex in ABX tokens will be available as early as March 2018 simultaneously with the launch of a stable version of the platform. The ABX token is implemented on the Ethereum platform according to the ERC-20 standard.
Preliminary sales of ABX tokens on the Arbidex platform took place for two weeks, beginning on December 11, 2017. The main crowdsale started on January 23, 2018 and lasts until February 15, 2018 inclusive. The cost of one ABX token is fixed and is $1. A total of 25 million tokens have been issued on Arbidex, which are distributed in the following areas:
- 17.2 million tokens are issued for sale during the pre-ICO and the ICO;
- 2.8 million tokens are planned to be allocated for the development team;
- 2 million tokens are planned to be allocated for platform advisers;
- 0.5 million tokens are planned to be allocated for the company's bounty program;
- 2.5 million ABX tokens are planned to be reserved.
It is planned to raise $16 million during the sales, of which 6 million were collected during the pre-ICO period. The main purpose of sales is to attract additional investments to the project, expand the existing client base, including access to the international market.
Among the significant advantages of the Arbidex platform, the following should be noted.
- Possibility of conducting trades on 25 exchanges through one server - the Arbidex platform.
- Safe way to earn the most stable cryptocurrency - BTC.
- Ability to integrate with MetaTrader4.
Thus, the Arbidex platform is an innovative project, which makes it possible to carry out cryptocurrency transactions in the same exchange, which will significantly reduce a user's costs on the commission. It should be noted that with such an order of work with counterparties, registration will be required only on the Arbidex platform.
Website: https://arbidex.uk.com/
White Paper: https://arbidex.uk.com/assets/wp_en.pdf
Author: https://bitcointalk.org/index.php?action=profile;u=980049