CoinMetro - The Better Token Exchange
The boom of blockchain startups using ICOs to raise the initial funds created a whole market for tokens, representing the digital assets of those companies. Breaking it down, the Initial Coin Offering is an alternative way for a startup to attract investments. In a way it's similar to IPOs. The companies trade so-called "tokens" or platform-specific digital currency that serves in this context two main functions. First, it represents the assets of the company in the same way as the company shares, plus the value of tokens directly depends on the company's profitability. The second, tokens always have a real utility within the platform. In this way, they are similar to currencies. Tokens can be used for buying platform's services, to facilitate exchange between platform's users, to provide incentives and bonuses, and so on.
Naturally, the abundance of companies, issuing digital tokens, has led to the emergence of the token exchange market. Token exchanges through the balance of supply and demand, in turn, determine the value of specific tokens. Similar to the stock markets, token exchanges attract investors, brokers, speculators, in other words, anybody who's interested in getting profits from the potentially growing value of prospective blockchain startups. In contrast with the stock market, though, token exchanges currently don't have financial instruments that could help investors and brokers to operate efficiently and effectively. In this way, the level of sophistication of token trade currently leaves to wish better.
CoinMetro is a startup operating in a partnership with an FX brokerage FXPIG, develops a trading platform, allowing its participants to use advanced methods of investment and trade. The platform offers the standard for stock markets financial tools like lending and leverage as well as its innovative trading models, including ETCF - exchange-traded coin funds, (equivalent to the ETF's on the stock exchange) and TAM (Tokenized Asset Management). The latter gives the investors an opportunity to partner with the professional platform's traders by investing in the special tokens, representing their portfolios. The platform’s user interface contains customizable graphs, allowing traders to observe the real-time market dynamics and place orders simply using drag and drop technique. The system supports a variety of order types, including Limit Stop Orders, One Cancel Orders, Time in Force, Immediate or Cancel, etc. Also, CoinMetro platform supports direct cryptocurrency and fiat deposits and withdrawals. The CoinMetro's wallet system will allow its clients to hold the most popular and widely accepted cryptocurrencies like BTC, BCH, ETH, XRP, LTC.
Currently, CoinMetro conducts a pre-sale that will finish on January 21th, 2018. The pre-token sale cap is set 50,000,000 COIN - CoinMetro platform tokens.
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