Ingot Coin is a decentralized ecosystem aimed at bridging the gap between the crypto market and the traditional and financial markets. This platform will solve the different issues of the existing markets while also promoting trusts. In my previous article HERE, I have stated the major components of this ecosystem and in this particular piece, I will be shedding more light on what they offer.
INGOT COIN Wallet
IC Wallet is a decentralized cryptocurrency wallet which is based on the blockchain and encrypted using cryptographic technology. This wallet has been developed to allow for safe storage, transfer and receiving of cryptocurrencies and fiat.
That is not all, however, the IC ecosystem consists of a digital bank and an exchange. The exchange, as well as the digital bank, requires easy access and management of funds. The IC wallet makes this possible. Through the IC wallet, cryptocurrency funds can be easily managed and fiats can easily be deposited into the digital bank for proper management.
This is a multi-currency wallet with a lot of amazing features, all of which have been stated in the IC project whitepaper.
INGOT COIN Exchange
The Ingot Coin ecosystem is a largely interwoven and interconnected ecosystem and no component typifies this better than the IC exchange. The IC exchange is connected to the IC wallet, IC ICO accelerator, IC brokerage, and the IC digital bank.
This is not the typical cryptocurrency of financial exchange as it allows its users to trade interchangeably between any markets of their choosing. With IC exchange, traders can now trade between the following trading pairs;
- Fiat VS Fiat
- Crypto VS Fiat
- Crypto VS Crypto
- Crypto VS Traditional
- Traditional VS Fiat
Unlike the present systems where the crypto market lacks liquidity and a feasible exit strategy that works, cryptocurrency traders who need to liquefy their holdings can now trade their cryptocurrencies directly for fiat on the same exchange in which they trade for other crypto pairs, also they can now purchase traditional commodities on the traditional market in an open and easy to use platform, unlike the present way of things where there are high entry barriers into the traditional markets.
The IC exchange is also integrated with a lot of other ground-breaking features that will ensure a better user experience for the traders. some of this features include an inventive order matching system and a liquid order book.
INGOT COIN Digital Bank
The main purpose of the IC digital bank is to create a bank that is not a subject of the frailties of the present banks, thus bringing the idea of a digital bank that will fulfill all the legal and regulatory obligations of a proprietary bank and also be able to have a digital connectivity with the IC decentralized wallet, exchange and the ecosystem. The Digital bank allows traders to have complete control of their funds.
Additionally, to fulfill its purpose and also achieve the same level of usability as the proprietary banks, accounts on the digital banks will have E-payment solutions and debit cards for its users.
The other components of the Ingot Coin ecosystem which includes the IC Crypto Certifier, IC Brokerage, and the IC ICO Accelerator have been very well explained in details in the project whitepaper. Kindly read through it for more information about the project.
Official Contacts
Website: https://www.ingotcoin.io/
Whitepaper: https://www.ingotcoin.io/documents/en/white-paper.pdf
Bitcointalk ANN Thread: https://bitcointalk.org/index.php?topic=3307981.msg35568332#msg35568332/
Telegram: https://t.me/INGOTCoin
Facebook: https://www.facebook.com/ICOINGOT/
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