In the financial industry, broker and other digital assets marketplace are usually retail focused, most of these exchange or trading venue has a limit and jurisdiction. I could remember I have a particular token that was listed on a platform exchange but very unfortunate that the exchange restrict my country from making used of the exchange. All these barriers has affected the adoption of cryptocurrency.
There is a platform that want to bring together all the trading venue and assets classes in order to make transaction seamless for trader. The name of the platform is called Hydra X.
Hydra X
Hydra X is a trading platform that incorporate multiple trading of assets and multiple trading venue. This platform is based in Singapore and their obligation is to create an effective platform that will combines many exchange and many assets categories. Hydra X is a platform created to make trading easier for both people that just enter the trading system and those that already have the experience. Hydra X will use distributed ledger technology to build are trading infrastructure for various market structure and different market ranges. The Hydra X platform will give room for people to monitor their various accounts portfolio from different exchange in this platform. Hydra is a very big project; I see it as the mother of all exchange. Hydra X is like a centre units that connect all the exchange together.
Let me illustrate some example;
Let say you have an account in Binance and Latoken exchange, and if these two exchange are connected to Hydra X, you don't need to visit those exchange before you can trade your assets. All you will need to do is to register on Hydra X and continue trading, sending and withdraw your assets without visiting any of the exchange externally. All these become possible because Hydra X was incorporated with infrastructure that permits off-exchange trading, off-exchange transaction, pre and post-trading.
Furthermore, Hydra X got integrated into another reim called Sigma. The Sigma was designed solely as a multi-assets and multi-venue trading platform.
In Sigma, users will be able to do the following:
- View assets price from various exchange
- Perform trading
- Monitor their assets portfolio
The Sigma was also incorporated with a trading tools that gives a professional and skillful trading patterns which users of the platform can be used to analyze all considerable trading factors ranging from analyzing price value and other factors which make traders make a sounding profits.
Hydra X is making transaction seamless for everyone in this ecosystem. Hydra X will also bring a proper management of portfolio. This innovation from Hydra X is wonderful and we must all recommend their efforts and support this project for it to be more successful.
IN SUMMARY
HydraX is a project that will make traders have access to the market volatility which will definitely make many people adopt cryptocurrencies more and that will be a big plus to the crypto ecosystem and its space.
More information about Hydra X can be found on the following links:
Website: https://www.hydrax.io/
Sigma link: https://sigma.hydrax.io/
Twitter: https://twitter.com/Hydrax_io
Facebook: https://www.facebook.com/HydraX.io/
Telegram: https://t.me/HydraXOfficial
Writer’s Information:
Hydra X: [email protected]
Bitcointalk username: Bunmilove
Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=2357710