Trading is not always a cup of tea for everyone.To make it intuitive and easy to understand let me present to you the idea of Tradeconnect vision; A cutting edge new peer to peer multi asset trading network that will disrupt and democratize trading. This network will allow individuals and institutions to trade directly with one another on a balanced playing field with lower costs for all. Trades will be automatically settled on the blockchain, with recording and execution conducted off-chain to deliver the fastest service possible.
The ThinkMarkets group - including TradeInterceptor, ThinkPrime, ThinkAffiliates and ThinkInvest has pooled its knowledge and resources to create the TradeConnect project. Together, they combine decades of global experience in financial products, excellent customer service and a large pool of tens of thousands of users around the world.
Their whitepaper provides the details of all the achievements they had over the years from to 2010 onwards to present.They were felicitated by numerous Awards likes of UK Forex Award 2017 to know more details please go through their whitepaper at https://docsend.com/view/5rxxi9c
Since its inception the company has grown its global revenues 20% year-on-year with no outside investment. A global financial services firm, we are committed to becoming the leading provider of blockchain-based trading solutions and creating the “Think” token economy using TCO
The TradeConnect network is poised to bring significant and lasting change to the trading of financial products by creating the first true multi-asset blockchain based trading network connecting individuals, prime brokers, corporations and brokers on an even playing field. They intend to combine transactions made on and off the blockchain, which will allow them to settle contracts faster than conventional trading and benefit from the trust inherent in distributed ledger technology.
The time has come to change this by decentralizing and democratizing the world of trading with the TradeConnect network.They will also provide the options to trade in derivatives.
To raise funds to design and develop the network, The Team behind Tradeconnect network is preparing for an ICO of ThinkCoin, a new digital token that will underpin trading on the network.
This solution will benefit from:
The trust, integrity and visibility of the blockchain ledger
The ability to hold and settle funds on the blockchain
The greater speed of using off-chain processing
Here is an Infographic Explaining the major difference between Tradeconnect network powered by Thinkcoin and Traditional Trading Networks.More details can be Find out on Thinkcoin.io
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You want to trade across the Trade Connect network in order to take advantage of the network’s transparent pricing and competitive spreads . You convert $1,000 into TCO and hold it in your TradeConnect wallet. Assuming the price of TCO is 0.50USD on the market, you would receive approximately 2000 TCO into your account to trade with. Let’s say the price of one share in Apple is approximately $175. You then use 50 TCO to enter a trade by committing it to the blockchain, and purchase a Micro Share of Apple, an option not available in most traditional trading spaces. The difference in the bid and ask in the Apple share price is the spread and will determine the Connect Fee. You hold your Apple trade for a few days, and then close it for a small gain. For each and every trade 50% will be allocated to the Maker Pool, 25% to the Taker Pool and 25% to the Network. As a taker of this trade this single Apple trade would now count towards your trading participation volume and will determine your taker rebate at the close of the trading day With your trade profits allocated to your TCO Wallet you can exchange TCO for BTC, ETH, USD, GBP over numerous exchanges, or hold it for your next trade. As the trading participants, volume of products, counterparties and trades on the network all gain in number, the demand for TCO tokens by existing and new participants will increase in turn. This increased demand for TCO tokens, that will be listed and freely transferable on several exchanges, is likely to drive the price of TCO, thus providing value to early participants
Do check them out and participate here at https://www.thinkcoin.io/
Learn more from their detailed whitepaper about their roadmap and business model here https://docsend.com/view/5rxxi9c
Join the conversation here at https://t.me/thinkcointoken
Connect with them over Bitcoin Talk at https://bitcointalk.org/index.php?topic=3212613
Do connect with me as well on my BCT profile here https://bitcointalk.org/index.php?action=profile;u=1198447