IronX Exchange Project Details and ICO Review

orcunland (6)in #cryptocurrency • 6 years ago

Being a fully regulated exchange in the crypto world is an amazing feature. IronX exchange is going to be the first crypto exchange whoever accomplish this feature first.

But what are the details of IronX going to be? Let's look at it a bit.

IronX Details

IronX exchange is going to be fully regulated by Estonian FIU licence.
FIAT and CRYPTO support and pairs will be available to the users.
Customer support will be in different languages, and this support will be open 7/24.
Going to be secured by the smart contract help.

Their first and main focus is going to be providing services that traders are used to. Furthermore, they are willing the combine these features with the cryptocurrency world.

In my point of view, being professional in classical stock exchanges means a lot. The team behind the IronX have the background of it. So it is very important to leave your investments to the professionals you may say.

Since the IronX team is composed of the people who are competent in this area, most of the problems are being solved automatically. For example poor liquidity, FIAT funding, being fully regulated - in other words LEGAL.

Where all the other crypto exchanges are being run by some people that we never know of - or furthermore most of those people don't have any background in this area, IronX is coming with very important and solid features.

Features of IronX

IronX team planning to provide very basic UI and UX to their customers. Also, high performance and being a scalable exchange which will provide over 1.000.000 transactions per second is one of the most important ones.

Activity on Social Media

IronX's social media professionals are working good. From October 2018 to January 2019, we are seeing a significant amount of traffic increase over Twitter, Telegram and Facebook. This means, people are hearing the IronX and they are paying attention.

Last 30 days was the most interacted days for IronX team. Bitcointalk ANN and Bounty pages saw over 4600 posts and even more views.

Let's look at the token metrics of IronX.

Token Metrics

The token symbol will be IRX. As you may have guessed, IRX token will be the gas of the exchange. IRX will be based on Ethereum's ERC20 protocol, so that it will be Ethereum based and going to work on Ethereum Blockchain.

Fees that will be paid in IRX will come with a specific amount of discount.

ICO price will be selected as 0.4200 USD.

There are some bonus availabilities for token sale, and below is the schema for that.

50,000 USD 5%
150000 USD 10%
250000 USD 15%
500000 USD 20%
1000000 USD 30%

Total tokens for sale: 82.308.213

How about investment info?

Minimum investment level is selected as 100 USD, and ETH, BTC and Fiat options are available to take part in the sale.
While the soft cap is selected as 18.000.000 USD, Hard cap is 50.000.000 USD.

IronX's a public sale is still ongoing. You can get the necessary info from their website here.