What is XTRADE

What is XTRADE?

XTRADE aims to make it easier for institutional investors to invest in cryptocurrency. To do that, XTRADE will launch the FIX API that connects to all major currency exchanges. This will make it easy for hedge funds, agencies, and algorithmic merchants to access all crypto currency markets by encoding only one FIX app - in a single format - by which they are familiar. The company also plans to launch XTRADE Pro in 2018. The platform will be a stand-alone multi-exchange trading platform for active traders.

The third XTRADE product will be Single Point of Access, or SPA, which will combine liquidity across the board. XTRADE's SPA will be facilitated through a Joint Venture (JV) partnership with existing exchanges, helping to minimize regulatory barriers as XTRADE will function purely as a provider of execution technology.

XTRADE wants to make it easier for institutional investors to interact with the digital currency market. Here are some core features and platform benefits:

XTRADE will combine the prices of all exchanges in real-time. That means if Bitcoin is traded with discounts in the world, traders will know.

XTRADE will use IPsec technology and industry standard best practices for end-to-end encryption on its execution network to protect customer data. The system is also designed for speed - XTRADE will use a private internet transatlantic fiber connection and a demarcation point near a suitable machine to ensure even non-collocation orders will be executed 40 to 60% faster, privately and securely.

One of the main benefits of XTRADE is that merchants can write to the standard XTRADE FIX API wrapper to access market data and execution for all exchanges. There's no need to mess up individual exchange-owned APIs - like random REST, WebSocket, Python, or any implementation they use.

XTRADE claims that users can expect traders "100x faster" on their platforms. The execution time may decrease from 150 to 200 milliseconds to 1 to 2 milliseconds compared to the public internet path. That's because XTRADE has a presence point in many major data centers, and they hope to expand throughout 2018.

The XTRADE balance gives users the benefit of increased prices and liquidity worldwide without the risk of complicated partners and processes for opening international accounts.

XTRADE has filed a patent with the USPTO for the exclusive cripto asset routing and its liquidity aggregation technology.
With trading at high volumes across exchanges and aggregate trades, XTRADE can access lower trading cost levels, then pass on savings to clients.

Aggregate pool aggregation and XTRADE intelligent routing tools break orders into smaller sections to ensure that skid is no problem.
Multiple Markets with One Account:
XTRADE allows merchants to trade multiple markets with one account, without having to open accounts on multiple exchanges and track prices manually.
The XTRADE team has experience developing trading platforms at financial institutions such as Goldman Sachs and JP Morgan. Key members of the team include founders Alexander Kravets, Sergii Gulko, and Jon Giacobbe.
The company is registering CME Group, Marcum, and ZagTrader as its partners. The company is based on 110 Wall Street in New York.
XTRADE sells XTRD tokens to accredited investors through SAFT (Simple Agreement for Future Tokens). You must be an institutional investor or an individual with 200ribu / year income or an asset of more than $ 1 million to participate in the sale.

Token sales take place throughout Q1 2018.
Of the total supply of the XTRD tokens, 50% will go to token-making events, 29% will go to XTRADE reserves, 10% for the advisory pool, and 10% for the team.

Website: https://xtrd.io/
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