IronX: An Innovative Look for Crypto ExchangesteemCreated with Sketch.

in #crypto5 years ago (edited)

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The core element of crypto trading is of course exchanges. Since the introduction of Bitcoin, crypto assets have been trading in different and various exchange platforms. After the mega bull run happened to start end of the last year, exchange platforms mushroomed all over the world and despite the big crash on the market, the hype still goes on.

However, where is proliferation, there is a question.

Problems

•Regulation

As far as I am concerned, almost no exchange out there makes any crypto trader feel completely secure while investing and trading since most of them are not subject to any organisational sanctions.

•Liquidity

Most of the exchanges suffer from the lack of liquidity and this is the main problem for an exchange since its volume comes in the first place regarding the attraction for the customers. In addition, the vast majority of the existing exchanges don't allow its customers to buy crypto assets with fiat money and this is one of the most inconvenience both sides of the market affected.

•Support, Service and Technicals

Simplicity is not a word for the crypto exchanges nowadays. The user interfaces and trading parts are too complex such that it sometimes acts as a deal breaker. Moreover, customer supports are creeping, too. If you lose your any one of the credentials, if you have a problem with your balance etc. you send a mail and congratulations, you are a martyr in this waiting for response period which seems like an eternity. There are, also, tons of technical issues one can face with during the processes. I really don't want to present a name here but some most famous exchanges present a great opportunity for its customers having submission errors repeatedly during the high volatility phases. What a great facility anyone can have!

•Security

Have you ever heard about Mt.Gox? It's one of the famous exchanges in crypto history but unfortunately not a positive way. Process safety and protection is the most important part for an exchange today. Most of the exchanges online are having trouble with that matter.

IronX Solutions

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•IronX is offering a completely under regulations way of the trading environment including the well-organised KYC and AML processes via PI licence from the Financial Conduct Authority.

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•With high-level exchange partners, connectivity with existing exchanges and combining the exchange with FX opportunities, IronX solves the liquidity problem from the beginning. In addition, a flawless connection between the platform and the institutional bank partners create a facilitated fiat-crypto deposit and withdraw chance without any inconvenience.

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•For providing experienced and multilingual (more than 30 languages) customer support unit and dedicated account managers who could be reachable online 7/24 are the simplest and effective solution for the customer support issues. Also, a delicate design for user interface is promoting the user experience and having internationally experienced security members for the protection of platform and customers guarantee the safety of the environment for both sides of it.

Final Words

IronX is one of the most serious and promising platform projects exists right now. It presents the main problems clearly and provides tangible solutions for them. It's a platform that will lead the exchange experiences to a whole new level.

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IronX ICO: https://ironx.coinadmin.com/en/register
Website: https://ironx.io/
Whitepaper: https://ironx.io/IronX_WP_Version_1.2.pdf
ANN Thread: https://bitcointalk.org/index.php?topic=5059654.0

Author: basicnecromancycr
Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=2331526

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