IRON X - Cryptocurrency Exchange For Mainstream Adoption

adekogbe (53)in #ico • 6 years ago (edited)

Iron X

Project Introduction

January 3rd, 2019 is the date marks the ten year anniversary of the invention of bitcoin and the blockchain technology. Over the past decade, thousands of cryptocurrencies have been invented by several companies who see the huge potential the blockchain technology possess.

The true extent of the blockchain's potentials is yet to be seen as new development, improvements and innovations keep revolutionizing the crypto space.

The open source nature of the blockchain means that new companies can easily source funds from investors through public ICOs in exchange for the native token of such project. This has consequently seen the number of cryptocurrencies increase at a huge rate and the market growing at a massive pace.

Crypto users and investors rely on exchanges for the purchase if their crypto assets, diversification of their portfolios and also trading activities. The size, volatility and relatively new nature of the crypto market mean that crypto traders and investors need exchanges to function at optimum capacity and also be more newbie friendly in order to attain mainstream adoption.

Cryptocurrency users, investors, traders and other entities looking to adopt cryptocurrencies are often faced with some challenges on the present crypto exchanges, some of these challenges include; poor liquidity, security, lack of regulations, entry barrier for fiat funds, quality customer support and poor technical architecture resulting in below par transaction experience.

Exchanges have played a big role in the growth of cryptocurrencies so far, but there is now a need for a positive change in the nature and structure of exchanges in order to propel cryptocurrencies into the next stage.

In this article, I will be introducing a revolutionary new exchange that has taken into account all the shortcomings of the present cryptocurrency exchanges and will be providing innovative solutions to those problems amongst other amazing additional features. This exchange is called IRON X.

IRON X EXCHANGE

Iron X is a brand new exchange that will introduce into the cryptocurrency market a greater infrastructure and highly innovative technologies previously absent among the existing cryptocurrency exchanges.

This concept will, however, empower this exchange to open up the cryptocurrency market and its investors to a whole new world of opportunities in both the financial and traditional markets, at the same time promoting cryptocurrency to the world for better adoption. Iron FX provides solutions to the aforementioned challenges that the is faced in the crypto space.

Unlike a lot of other new exchanges and crypto projects having ICOs, Iron X is not a project created by noobs of the financial and crypto world who often have little technical and practical experience to back up their bold claims for disrupting the industry.

Iron X is a project born from the coming together of two industry giants namely IronFX Group and EMURGO HK Group. These companies are equipped with a lot of experience in both the financial and cryptocurrency industries.

IronFX group is an industry leader in the financial market with their IronFX Solid Trading platform which opens up crypto investors to more investment opportunities with access to the low-correlation asset classes they currently offer on their platform. These assets include shares, spot FX, commodities etc.

EmurgoHK Group, on the other hand, are the creators of the highly successful Cardano blockchain project of which its native coin ADA is currently the 11th top rated cryptocurrency on the coinmarketcap.

The coming together of these groups coupled with other important partnerships will produce a project capable of making a difference in the crypto space.

Solutions

Solutions To Exchange Problems

Solution to liquidity: Iron X exchange boost liquidity of crypto assets by utilizing ready-made connections with multiple existing exchanges. Additionally, world foreign exchange (FX) market will be integrated with the cryptocurrency market providing the sort of liquidity that has never been seen before. This features will provide better trading options for investors and traders.

Solution To Regulation Uncertainties

Lack of regulations in the crypto space is a big problem as both exchanges and traders are faced with uncertainty about the legality of their trading activities and assets. Iron X is, however, a fully licensed exchange under the Financial Conduct Authority (FCA)

Source: Whitepaper

Solution To Lack Of Customer Support On Exchanges

Iron X has a highly experience multilingual team of customer support staff dedicated to given around the clock support to customers all over the world in over 30 different languages.

All the Iron X solutions for the several problems that cryptocurrency exchange faces have been well explained in the project Whitepaper. Kindly read it for more information.

Amazing Features

All of Iron X key features and benefits have been well explained in the project whitepaper. Listed below however, are a few of them.

Easy Fiat-to-Crypto funding
State of the art security and data protection
Easy to use interface
Incredibly High-speed trading

Source: Whitepaper

ICO Details

Token Ticker: IRX

Token Type: ERC-20

Token price 1 IRX = 0.42 USD

Tokens for sale: 82.308.213 IRX

Soft cap 18.000.000 USD

Hard cap 50.000.000 USD

Conclusion

The IronX exchange is an all-star ICO in my opinion. This is a project that will disrupt the crypto market as we know it and open it up for a wider range of investors from different industries. The team is made up of Highly experienced and successful professionals who are real people and who's résumé can be verified.

Additionally, the beta version of the IronX is already live which not only shows the great progress this project is making, but also makes evident the competence of the project team.

IronX is a great platform which I think will do very well, however, the content of this article should not be used as a piece of investment advice and should but be treated as such. Always do your own research, read the whitepaper and visit the project website.