Electronic money transactions recognize a vital part of the massive road of finance. This is where folks can exchange other money coded for money modernization or fiat currencies such as US dollars or euros. These deals deal with sellers and buyers and charge you from every exchange. There are two kinds of trades; Combined transactions and trades are assigned/branched. Cross-over trades are rated, by way of instance, affiliated affiliates as participating dealers in their stage. They frequently go on as a simple part of contact for novices that are bent with money exchanges in their opinion of the easy-to-use interface and vibrant in their surgeries. Not at the smallest level like accession trades, decentralized accessories. Transactions are involved no matter if they operate with insecure shops, such as unsecured downtime and safety downtime, in addition to greater customer protection. Delegated trades again do not need any representation of their character; similarly, security problems such as the overhaul of hierarchies appear. Transactions don't hold money for clients, and preferably, clients are especially connected, suggesting that you don't have to highlight the safety of your pre-encrypted transactions.
The main thing is IRONX job of joint venture global online agent IronFX Group and EmurgoHK, the inventor of the blockchain Cardano, has announced that it has obtained a permit from the Estonian financial intelligence Agency (FIU). Through the license, IronX will have the ability to be a sufficiently flexible exchange digital currencies. It will be among the first companies in Europe trying to establish an industry standard in the conduct of the work of the cryptocurrency. In 2012, Estonia began to use blockchain technology for doing the medical, the judicial, legislative and industrial registries. The new license will allow IronX to execute stock exchange trades on the exchange of electronic and Fiat currencies, and to give service of pockets to store them. The permit was granted by the regulator a month earlier than anticipated. The post of the project is becoming the new rolling crypto marketplace.
The most popular job is Malaysian FX group IronFX has announced it will include the PumaPay Token as a financing method in addition to base money on its trading platform, hence now PMA holders may finance and manage their trading account in PMA on the IronFX platform. PMA is also available on IronX, a controlled cryptocurrency exchange that's a joint venture between IronFX and EmurgoHK. IronFX has now announced joining forces with PMA. IronFX will include the PMA for funding (deposit and withdrawal) tool in addition to a base currency for trading on the IronFX platform. With this choice, IronFX further expands the portfolio of trading resources and financing methods offered to its worldwide client base, while PMA makes an entry to one of the world's top currency trading brands. With ten platforms trading over 200 tools in forex, place metals and on stocks, futures, indices, and commodities, IronFX serves institutional and retail clients from over 180 countries in Europe, Asia, the Middle East, Africa and Latin America platform in the crypto market. IronX will function as a controlled, service-focused exchange, creating an extremely efficient trading ecosystem which facilitates funding via both fiat and crypto. At precisely the same time, IronX receives the chance to list another great coin on its controlled exchange. IronX has been recently approved for a Crypto regulatory permit from the Estonian Financial Intelligence Unit and can function as a regulated exchange for trading cryptocurrencies.
Vision
Ironx vision is to create a crypto exchange that is created with the traditional trader in mind. This is why we have merged the best in traditional trading from IronFX, with the best in crypto EmurgoHK, to create a world-class crypto exchange.
Ironx wants the exchange to offer the services that traders are used to, and combine them with the benefits of trading in the cryptocurrency market. They also want to introduce crypto traders to the benefits that traditional trading offers.
Seamless Blending with Traditional
The IronX Exchange intends to allow clients to use their existing IronX Exchange crypto accounts and cryptocurrencies to seamlessly migrate or move (partially or fully) positions/exposure into the IronFX Group online trading platform in an efficient, quick and costless way, via the use of common back office backbone and best-of-class banking and payment methods available by the IronFX Group. In addition, the existing accumulated experience regarding Risk Management, Account Management, and Compliance Management will be used as a seamless bridge facilitating this process of moving exposure/positions from cryptocurrencies trading into traditional online trading.
IronFX & EmurgoHK New Crypto Trading Platform
The IronFX Group and EmurgoHK Group, will be joining forces so as to create a crypto exchange that will operate as a regulated, service-focused, exchange. IronFX is a global multi-regulated foreign-exchange trading provider and EmurgoHK is a Hong Kong company that accelerates different blockchain projects and has created the Cardano Blockchain.
The new platform will be known as IronX Exchange and will be operating as a regulated company that will provide funding via fiat and cryptocurrencies. The information has been released by Finance Magnates, which had privileged access to this information.
Both firms will combine EmurgoHK’s blockchain experience with the IronFX’s existing regulatory and operational practices, processes and solutions. Additionally, the exchange will allow the FX broker to provide risk management, back-office, account management, payment, and banking solutions.
Some of the benefits of this platform will be related to facilitate to move positions from cryptocurrency trading into traditional online trading. Additionally, it will be possible for clients to use their crypto accounts and digital assets to migrate, or partially move positions into the IronFX’s platform.
IronX Exchange ICO
The company has also started a private token sale that is by ‘invitation only.’ The intention is to launch the IRX tokens and use the money gathered to develop the platform further. The presale opened on June the 4th offering 200,000,00 tokens.
IRX token holders will have different benefits, for example, they will be able to request additional services and incentives. Furthermore, they will have discounts on spread paid with the tokens.
The Token Sale
The IRX ERC-20 Utility token will serve as the main token in the IronX Exchange, backing the system’s usage. Fees paid in IRX tokens will carry a discount, incentivizing frequent traders to use IRX for all fees and transactions.
Holders of IRX tokens will also benefit in a variety of ways. Based on holding levels, they will be entitled to additional services and incentives on the IronX – IronFX Group ecosystem.
Discount in spreads on traders on trading products.
Free IronFX Card, VIP Accounts with no requirements, free Virtual Private Server (VPS) without requirements.
Discounted fees for Portfolio Management (Management Fees and Performance Fees)
Upgrade Introducing Broker / Affiliate without the existing requirements.
Additional commissions for the Introducing Broker / Affiliate when paid in IRX.
Open an IRX Base Currency Trading Account to trade CFDs on the IronFX Grouptrading platform, deposit and withdraw in IRX.
How does it work?
The IronX Exchange ecosystem is aimed in the direction of cultivating a network of purchasers and brokers that is upheld by a unique group of patron service agents. Clients will be linked on a propelled site supposed to carry particular purchaser carrier in parallel to its normal platform utilize, alongside these lines making an ideal alternate without the difficulty of a pastime for new and skilled sellers alike. Client-provider is regarded to incorporate a bunch of clients organized highlights.
The platform is known to inspect the possibility in order to furnish purchasers with the chance to stumble upon crypto trading that is seamlessly combined with regular online trading. It also lets in the clients to effect change among crypto and spot buying and selling so that they can advantage themselves from their trading while making use of the most profound reachable liquidity consistently.
IronX Crypto Trading Platform Receives Estonian Financial Intelligence Unit (FIU) Approval
IronX is a virtual asset exchange which was set up in June this year by the IronFX Group, in conjunction with EmurgoHK, who are also the pioneers of the Cardano (ADA) DLT project. The exchanged has been granted the approval by the Estonian Financial Intelligence Unit (FIU). The firm now has the license to carry out business activities in the region as a fully regulated virtual asset trading venue.
As a result of the approval, IronX is now among the initial exchanges in the entire region of Europe to achieve such an accomplishment. This is according a report by to Finance Magnates.
To Support Virtual Asset-To-Fiat Transactions
While the continent of Europe is largely a virtual asset friendly region, several bitcoin-linked firms are yet to be granted approvals by supervisory bodies. A report released by Finance Magnates indicate that IronX has included its name in the chronology of books as being among the few virtual asset trading platforms to apply for and get the full endorsement of a financial regulator.
As a result of being granted the license, IronX will now be in a position of providing its clients with crypto-to-fiat transactions, virtual asset wallet services, as well as a conventional margin trading, among a host of other services.
The firm is thrilled at being one of the initial recipients of both provider of crypto to fiat exchange service as well as provider of crypto wallet services. Having been founded in 2010, the firm has its head office in Limassol, Cyprus.
It is worth noting that the joint parent firm of IronX, which is called the IronFX is one of the key forex brokerage companies which is providing customers with CFDs, fiscal services as well as forex trading. The platform is regulated by the Financial Conduct Authority (FCA), which is tasked with the responsibility of regulating platforms in the United Kingdom. IronX also has the endorsement of a number of regulators in South Africa, Cyprus, as well as Australia.
The Best Crypto
Established in 2007, EmurgoHK, a global leader in blockchain technology, is the venture builder for the Cardano blockchain protocol, and its hugely successful native cryptocurrency, the ADA Coin. Located in one of the world’s most dynamic business hubs, Hong Kong, and perfectly positioned between Northeast and Southeast Asia, EmurgoHK is spreading the revolutionary Cardano protocol across the Pacific Rim.
The Iron Exchange
Fully Regulated
The Group is actively seeking to be licensed and become properly regulated. At present, it holds a FIU licence in Estonia but will actively pursue licences in other key jurisdictions. In this regard the group is considering both Gibraltar and Malta.
Existing Client Base
Ironx is being built with our 1.2 million existing IronFX Group retail clients and 150,000 Cardano followers in mind, giving us access to a huge liquidity pool.
FIAT and CRYPTO Funding
Ironx platform will provide a full range of traditional FIAT and CRYPTO wallet funding options.
24/7 Support
Ironx will be the first exchange to offer not only 24/7 support, but also in the language that users speak, catering to their needs.
Token information
Token IRX
Platform Ethereum
Type ERC-20
Token price 1 IRX = 0.42 USD
Tokens for sale 82.308.213 IRX
Investment info
Minimum purchase 100 USD
Currencies BTC, ETH, USD, EUR, JPY
Soft cap 18.000.000 USD
Hard cap 50.000.000 USD
For More Information :
Website: https://ironx.io
Whitepapper: https://ironx.io/IronX_WP_Version_1.2.pdf
Bounty: https://bitcointalk.org/index.php?topic=5060579.0
Bitcointalk ANN: https://bitcointalk.org/index.php?topic=5059654
Telegram: https://t.me/IronX_exchange
Twitter: https://twitter.com/IronXExchange
Facebook: https://www.facebook.com/IronX-165411397629420
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