Trade.io | Press release & its Media Coverage
Trade.io officially deployed its institutional level liquidity to the company's exchange. Trade.io has always been busy laboring to set up it's dealing desk over the previous weeks since its launch. The outcome is a very vital upgrade for the users of the Venue implying an opening of lots of opportunities to Trade.io's clients.
The Institutional offering avails clients with 30 levels depth of book which is viewable by the traders. The newly added liquidity to trade.io allows its clients to have access to tighter spreads and better execution rates.
This new offer on Trade.io has come in only a couple of months after the exchange launch of its peer to peer matching engine. The firm's management team has been in a series of talks with various institutions that are globally dealing in cryptocurrencies.
Before and After
The screenshots below exhibit the outcome of the integration of institutional liquidity on the exchange. The first one shows the depth of the book picture prior to the addition of the institutional liquidity.
Image source
The following shows the liquidity situation after the addition of the institutional liquidity.
Image source
The company officially formalized its liquidity partnerships after diligently following compliance procedures, heading to a dramatic change in user experience when trading on the exchange.
The continuous addition of liquidity from its clients to the platform by institutions has delivered a better marketplace for all clients of trade.io. Traders now have more opportunities to execute deals and see a significant increase in liquidity courtesy of the available depth of book that is up to 30 levels deep on most of the major pairs.
The company is currently transacting between $1 and $3 million worth of trading volume on a daily basis.
The OTC Trading Business.
The OTC desk which is a complementary offering to the exchange is focused on larger tickets which are above $25,000 in size. The company processes trades for clients of the exchange and other customers who haven't signed up with trade.io.
The company possesses various liquidity partnerships that are aimed at bridging the gap for customers who are trading higher amounts. Clients keep on contacting the desk, requesting a quote and placing market orders, etc.
The OTC desk is as well tasked with matching larger block ticket trades. This kind of dealing is executed when both the buyer and seller are matched together. Therefore, Trade.io business is diversified between retail size transactions and medium-sized orders executed by its OTC desk.
Crypto News
Trade.io hosted dare to Share extravaganza.
Dare to share Competition commenced in June this year and was held in three phases. There was a selection of top winners for each round who were rewarded with a trip to Cyprus that included accommodation in one of Limassol's stunning beachfront hotels, various dazzling networking events where guests mingle with specialists and influencers and also an experience of some of the island's delightful local channels.
Trade.io decided to host this event as a way of giving back to its community. The winners participated in a unique social media initiative which encouraged people to share and engage with Trade.io posts and updates across its various Social channels.
TIO/TIOx fork completed.
Trade.io successfully completed the fork of TIO. The new token is now termed as Trade Token X with ticker TIOx. Trading on TIOx kicked off on 31st October 2018 exclusively on Trade.io Exchange.
All TIO held on Trade.io exchange and liquidity Pool was swapped with TIOx.
About Trade.io
Trade.io is defined as a next-generation crypto exchange that believes that an exchange should be equally easy to use for newbies and veteran crypto enthusiasts. It is characterized with a fully customizable user interface, simple and low fees with zero fees on deposits, and 24 hours or less customer service policy that brings a much better exchange to crypto users than the previously available options.
The products and services offered include Investment services, OTC trading, Liquidity Pool, ICO services, the Affiliate program for its clients.
Products & Services
Trade.io Story
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Great information