XTRD: PROVIDING NEW AMENITIES THAT WILL BENEFIT THE CRYPTO SPACE.

in xtrd •  6 years ago 

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With the emergence and global adoption of cryptocurrencies, the need for an exchange platform bis highly required. This exchange platforms are responsible or used when making crypto related trades, exchanging one cryptocurrency either for another or for a major Fiat money currency. As millions of different cryptocurrencies came into view, more exchanges sprouted and each of these exchanges having its own set of rules, regulations, terms and conditions.

However, the current crypto space faces problems such as;

  • High transaction fees
  • Tiny or small liquidity and,
  • Complex web of exchanges.

As a result of these problems the crypto space is filled with investors who are always at risk when making use of an exchange platform and the problem also stunts the growth in global adoption of cryptocurrency.
But with the implementation of the technologies that will be introduced by XTRD, this problem will be terminated.

XTRD will provide proven financial technologies to the cryptocurrency market, and this financial infrastructures will work as a solution to the problems plaguing the current crypto market, with this implementation, low transaction fees, Bigger and higher liquidity and the merging of web exchanges will be attained.

XTRD will launch three different technological products in various stages that will help in solving the common problems plaguing crypto markets.
These infrastructures are;
STAGE 1: FIX API.
Financial Information exchange (FIX) is a protocol that was designed in 1992 to serve as the "global" communication language for international financial transactions.
Now, the XTRD team have created it own FIX that will be capable of connecting all major cryptocurrency exchanges.
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This technology will make it easy for hedge funds, major institutions and algorithmic traders to have access to all cryptocurrency market by coding to only one FIX application in one format with which they are already familiar with.
The implementation of this communication bridge will enable large market users to simply add multiple exchange crypto execution to their current transaction system, thereby enhancing global crypto trading adoption among the institutional sector.

STAGE 2: XTRD Pro Trading Platform.
XTRD Pro is a highly robust, multi-exchange stand alone trading platform for active and professional traders. The XTRD Pro will possess features such as;

  • An advanced consolidated order books
  • Hotkey order entry
  • Custom order types with 24/7 uptime
    and lots of other interesting beneficial features.
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The app platform will launch this year (2018).
Existing exchanges make use of only web based systems which are slow and complex to use and they lack the low latency, security and efficiency that professional and active traders demand and this is why such traders don't make use of web based exchange platforms instead they use robust, secure downloadable app. The XTRD Pro will provide such amenities/benefits that these professional and active traders seek, all their trades and data will be highly secured when they make use of the XTRD Pro application when executing their trades.
The XTRD Pro holds other benefits such as;

  • Fast order entry is allowed
  • Immediate execution
  • Advanced charting and
  • Custom order types.

Dear esteemed reader, stay tuned for my next article where I will state and explain the last and final stage of the financial infrastructures that XTRD introduces for the benefit of the crypto space, the unique XTRD token, its benefits and you will also get to know the genius behind the project.
So, Stay Tuned :-)

For further information on this project, visit the links below;

Website: https://xtrd.io

Whitepaper: http://xtrd.io/xtrd_whitepaper.pdf

Medium: https://medium.com/xtradeio

Facebook: https://www.facebook.com/xtradeio

Twitter: https://twitter.com/xtradeio

Telegram: https://t.me/xtradecommunity

WRITER'S INFO

Name: thaddaeus

Bitcointalk username: beneze

Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=2190968;sa=summary

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