Trade.io announces token buyback and also Buy crypto with your card
There are lots of limitations in making decisions relating to the blockchain, and this has made a lot of potential investors settle for less and go for the conventional financial bodies and the centralized organizations.
source
As we all know that trade.io is a decentralized cryptocurrency trading platform that is powered by the blockchain technology. Trade.io let you easily your cryptocurrencies such as Bitcoin, Ethereum and other altcoins at lightning speed. The platform uses a peer to peer network to carry out actions with digital assets and cryptocurrencies.
Trade.io is regulated by the Swiss cryptocurrency law as it was founded in Switzerland, they raised about $31,169,749 from their last airdrop last year through the Swiss license.
There has being a major problem in obtaining coins and tokens and this has made a lot of people to use escrow services and third parties which might end up being a scam.Trade.io offer a cool feature that enables you to purchase cryptos such as BITCOIN, Ethereum and some altcoins using just your credit/debit card without having to pass through an escrow or a third party, before this, users can only buy coins and tokens with other cryptos and this eliminates the chance for newbies to invest in cryptocurrency.
This would eliminate the stress that people go through to acquire some coins and tokens, this would also enable newbies in the crypto world by following the useful basics. This was announced on the 4th of February when trade.io partnered with simplex which is a payment processing company, this partnership would support the following coin initially and more would be added in the future.
- Bitcoin
- Litecoin
- Ethereum
- Bitcoin cash
watch the above video to understand more on how to purchase crypto with your card
This partnership would permanently eliminate the occurrence of fraud on the trade.io ecosystem and has proven a no hassle free method of trading cryptocurrency as it reduces the stress users go through just to get some cryptos.
It’s no secret that newcomers to the crypto world are hindered by complicated onboarding processes. Through this partnership, we aim to simplify unnecessarily difficult transactions, thereby throwing open the doors to crypto newbies whilst providing added value to our existing client base.
according to the CEO of trade.io William Heyn
In another press release by the CEO here
The ongoing market downturn has, unfortunately, begun to create casualties among the world's crypto exchanges. However, at trade.io we have been prudent with our resources; our balance sheet, cash flow and growth prospects remain strong. Our current position allows us to not only weather the storm but also invest where we see opportunity. We adamantly believe that trade.io's long-term potential is not adequately reflected in the current market price of TIOx. We feel this token repurchase program underscores the utmost confidence we have in the future of trade.io and further serves to align Company interests with those of our faithful TIOnauts.
source
He announced that trade.io would be having a buyback of TIOx token from investors in an open market and this would be up to 2,500,000TIOx. Since there has been a downward trend in the crypto market generally which has led to a great loss of investments, this would help build and increase the trust of customers, users and investors. This would also increase the all-time market value for TIOx token.
Exchange site
Trade token Twitter handle
Trade.io
Trade.io support