Trade.io: An Overview Of The Exchange, KYC & Angel Investing

in #trade-io6 years ago (edited)


Image source: Trade.io

In my previous post, I wrote of my thoughts on why Trade.io was going to revolutionize cryptocurrency trading. Today, lets take a look at the many services and features of Trade.io. One of the first selling points of Trade.io is their exchange.

Trade.io's Exchange

The exchange's interface is similar to most interface found on any trading platform. If you have used one, the others should be familiar enough. However, the one added feature found on Trade.io's trading interface allows you to customize it in any manner you see fit. If you prefer to price charts to be on the left of the screen, you can just drag and drop it there while shifting your buy and sell window elsewhere.

This allows the trader more flexibility and as a Forex trader, the Metatrader platform has this feature. However, such a feature is absent on Binance and Kucoin. As such, it is good to see Trade.io adding such a feature which is not only familiar, but sure to attract more traders to use Trade.io.

As of now, the exchange lists the following coins, Bitcoin, Ethereum, Bitcoin Cash and TIO tokens. In the future, other items including precious metals and Forex pairs will be listed for trading on the exchange. The Forex pairs should become a reality soon due to their partnership with FXPRIMUS (source). As such, I highly recommend signing up with Trade.io to check out their exchange and interface. You can do so by clicking here.

KYC Vetting Procedures

The KYC procedures can be found on Trade.io's site. This is done in light with regulations and is required if the user wants to withdraw from the platform. In terms of deposit however, do take note that Trade.io is not taking in any fiat deposits at the moment, but users can fund their accounts with cryptocurrencies such as Bitcoin and Ethereum. The KYC process is a rather simple procedure which requires the following documents:

  • Government issued picture ID (Passport, Citizen Card, etc)
  • A selfie holding the government issued ID
  • Form A
  • Proof of Residence

One thing to take note is that the documents submitted should at least have the user's surname, first name, current address and a picture taken that is no older than 3 months. All these information are based on the site.

ICO Consultancy & Angel Investing

Another great feature of Trade.io is its ICO consultancy where they will help a company with their ICO from planning, all the way to its listing on the exchange. I have written more about it in this post. While this feature is definitely helpful, Trade.io's seed and venture fund is another point of interest. On Trade.io's page here, it is mentioned that many ICOs have flocked to Trade.io to ask for advice on how to make their ICOs a success. This leads to Trade.io's angel investing component.

Trade.io's angel investing is something that many crypto investors should consider. This is because as the cryptocurrency market matures, it is likely that many ICOs would release their tokens or coin in a crypto bull market. This means that anyone who invested in the ICO would likely see gains. To add on, Trade.io would be offering special offers and early access of potential ICOs that will be released. What this means is that it provides crypto investors a huge advantage over those who would buy a token from a market. Also, crypto investors would also get the opportunity to bring revolutionary projects to life through angel investing. Of course, if that ICO goes up 10 fold, it would definitely be awesome, won't it?

Image result for trade.io angel investors

Conclusion

All in all, the items covered today are the ICO consultancy, Angel investing, the KYC vetting procedures and the exchange. I will be exploring other aspects of Trade.io so stay tuned. Also, do hop in and join the fun in the many social media groups of Trade.io listed below.

Sources:

Social media links:

Disclaimer:

Many of the findings here are researched but are based on my own opinion. I welcome any debate and discussion but I am no financial adviser. As such, always do your own due diligence before selling your kidney to invest in anything.

Sort:  

Hi @alvinauh!

Your post was upvoted by utopian.io in cooperation with oracle-d - supporting knowledge, innovation and technological advancement on the Steem Blockchain.

Contribute to Open Source with utopian.io

Learn how to contribute on our website and join the new open source economy.

Want to chat? Join the Utopian Community on Discord https://discord.gg/h52nFrV

Coin Marketplace

STEEM 0.21
TRX 0.20
JST 0.034
BTC 90284.37
ETH 3086.81
USDT 1.00
SBD 2.93