THINKCOIN - Multi Asset Based Blockchain Exchange

Before blockchain technology, there has been foreign exchange trading and stock exchange as well. Then came blockchain technology and enhanced many trading options using bitcoin as its big man which stood as an accepted medium of exchange and value. For all these years, every trade either in the foreign exchange or stock exchange has been done independently on different exchange and market.

Before now, payment gateways have been conducted by the banks who charge exorbitant amount as their fees. With this in mind, the financial market has been plagued with centralization with one body controlling everything in form of banks and other financial institutions who operate individually. Most at times, bank transactions fail or there will be some errors encountered whilst processing these payments, all this has posed as a big challenge to the financial assets investor or trader as the number of their transactions are limited and solely dependent on a given body (Banks or financial institutions)

There are different market and exchange for each asset be it foreign exchange, stock exchange or cryptocurrency assets. This to a very large extent has made some people reluctant on venturing into the various spheres of trying their hands on either the foreign, stock or cryptocurrency assets reasons being their inability to monitor their trades across many markets and exchanges. All this is as a result of the nature of these assets being traded. Some are regarded as securities and for that cannot be listed on some centralized government controlled exchanges while some cannot meet up with various exchange listings terms and conditions. This alone has made many people stick to trading one asset, but there is a change to all this.

The Thinkcoin project, through its Tradeconnect network, is revolutionizing this and creating a market that will support all forms of trades, be it digital asset trades, foreign exchange, commodities, equities and many more. Through the Tradeconnect network, which is a multi-asset Blockchain based exchange, there will be provisions for easy and swift trade between all assets which one would have loved to trade on. By utilizing the Blockchain technology, Thinkcoin is bringing more transparency, effectiveness, low cost of transaction fees, and global access to all financial markets. This is as a need to set financial markets investors free from what used to be in the contemporary financial market today thereby connecting them to all markets.

Tradeconnect network will be fuelled, using the Thinkcoin token as its trading economy. This token will be used as a means of payment in the Tradeconnect exchange to enable everyone to trade their financial products ranging from cryptocurrency asset down to equities and so on.

All this is made possible through the Blockchain technology which the Thinkcoin project is utilizing to make sure every asset can trade on the Tradeconnect easily, swiftly and seamlessly. To be able to trade on the Tradeconnect exchange, one must have the Thinkcoin token (TCO). Without having this token, one cannot make any transactions on the Tradeconnect exchange this is because the Thinkcoin token is the means through which transactions and the making of payment are cleared on the exchange. The Tradeconnect network, will function both on chain and off chain, it will also remove brokers from the financial market and keep traders in charge of their trades in a peer to peer transactions.

Thickcoin will also incentivize its supporters by holding the Thinkcoin token. In regards to this, there will be a monthly staking contract which will be available to all individuals who would want to stake a given portion of their TCO.

Summary

Thinkcoin is revolutionizing the financial market and making financial assets investment to be seamless and easy for all participants through the utilization of blockchain technology. This will ensure more effective and trustless transactions.

THINKCOIN OFFICIAL LINKS

Website: https://www.thinkcoin.io/
Whitepaper: https://docsend.com/view/5rxxi9c
Telegram: https://t.me/thinkcointoken
ANN Thread: https://bitcointalk.org/index.php?topic=3077146.0

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