Expectations and reality
Just imagine that you read a lot of information about the cryptocurrency market and consider that right now is the best moment to make your first investments and start trading. You want to visit certain portal, register in several minutes, make a deposit and start trading. Unfortunately, you have the fiat money only, but you do not think that it could be a real problem. You are so wrong.
First obstacle for you is choosing the best portal to change your money. Some of them offer trading tools, some do not, but for newcomer it is pretty hard to find out the best option. In addition, only some of these portals offer very small amount of cryptocurrencies that could be bought for fiat money. Of course, you can change coins for other coins with ease, but you need to remember about huge fee for every transaction.
Second obstacle is KYC. Several years ago, cryptocurrency was one of the main tools for the users, who prefer to remain anonymous, but right now every blockchain-related platform wants to pass KYC. Therefore, if KYC is not required by your trading portal, you should be worried, because if there is no KYC during the deposit, there will be KYC during the withdrawal. It gives platforms an opportunity to steal your money telling that KYC is compromised. In addition, you cannot be sure that your personal data will be secured, because such portals do not want to pay a lot to companies that perform KYC. Check may take several week and now you are ready to trade. Such a challenging experience for newcomer, isn’t it?
How the things should be
Fortunately, for everybody, who has fiat and wants to enter cryptocurrency market, there is IronX, which is going to make the entire process of entering market slightly easier.
IronX have been already successfully working in the field of fiat trading, so team is ready to enter the market with a lot of experience. Main goal of IronX is creation of stable system for fiat-crypto and crypto-crypto trading. To make everything extremely safe and transparent, IronX cooperated with the creators of Cardano blockchain, so we can be sure about high quality of provided services. Moreover, team had already managed to attract 22 million during private sale and public sale is now live.
In addition, IronX is regulated by several governmental organization and the amount of regulators will increase in future. Main difference between IronX and other exchanges, which were described previously, is the level of responsibility. When you have any issues with unregulated exchange – there is nobody to help you, because nobody is in control of these platforms.
In the same time, when newbies meet any kind of issues or have certain questions, IronX support team is here to help them. However, you should not think that IronX is focused on new-to-crypto audience only, because even experienced traders will find full set of professional tools. It seems that IronX will be the leading entrance to the cryptocurrency world by the end of next year!
Website: https://ironx.io/
Whitepaper: https://ironx.io/IronX_WP_Version_1.2.pdf
Bitcointalk ANN: https://bitcointalk.org/index.php?topic=5059654
Twitter: https://twitter.com/IronXExchange
Facebook: https://www.facebook.com/IronX-165411397629420/
Instagram: https://www.instagram.com/ironx_exchange/
YouTube: https://www.youtube.com/channel/UCEo_JHbwqQWXRVfpqxcBZAQ
LinkedIn: https://www.linkedin.com/company/ironx-exchange/
Telegram: https://t.me/IronX_exchange
Author: https://bitcointalk.org/index.php?action=profile;u=1347520
Proof post: https://bitcointalk.org/index.php?topic=5060579.msg48018227#msg48018227