There is a lot of misconception about cryptocurrencies and the decentralization. If you have been following various blockchain/crypto project in this space, you must have seen crypto projects trying to provide utmost decentralization. How successful have a project on this path been??.
On Nov 1st, The most widely used decentralized exchange in the world IDEX, released a lengthy post titled, Pragmatic Decentralization. In it, the CEO of Aurora Labs CEO Alex Wearn explained how due to compulsion from regulatory agencies, IDEX will have to include KYC/AML and add IP blocks.
The US Securities and exchange commission on Nov 8th released a document fining the founder of Etherdelta Zachary Coburn over $400,000 for running an unregulated exchange.
THERE IS NO ABSOLUTE DECENTRALIZATION-- Changpeng Zhao
Whether we like it or not, cryptocurrency value at all times is tied to fiat, and for any blockchain project to be successful it must comply with regional or local laws where it wishes to operate, these are realities. It is on this note I will introduce you to IronX.
INTRODUCING IRONX EXCHANGE
IronX Exchange aims at bridging the gap between traditional finance and crypto world by providing superior services and addressing services current cryptocurrency exchanges either fail to address or lack the capacity to. IronX exchange goals is to bring traditional investors into crypto space, build an easy to use and very supportive crypto exchange fot new enhance, increasing the ease of entering crypto trading through fiat services, higher eggicirncy and lower cost.
IronX Project Vision
The IronX Exchange aims to enable a safe and easy transition from the mass retail market to the crypto market. Utilizing existing regulatory and operational practices, processes, solutions and functions that operate in real companies, including, back-office, risk management, account management, and payment and banking solutions, Bursa BesiX will offer customer-focused and quality services .
The IronX Exchange will provide crypto investors who want to diversify their investments direct access to the low asset asset classes offered on the IronFX Group trading platform (such as spot FX, CFDs, stocks, futures, commodities, indices), including the ability to leverage higher leverage than usually when trading on the IronFX Group trading platform.
BENEFIT OF IRONX EXCHANGE
For the first time in the crypto space traders will have direct access to the IronFX trading platform (FX, CFDs, Shares, Futures, indices, etc). Investors that wish to diversify their assets can directly do so on the exchange platform into any of the assets mentioned above.
The IronX Exchange aims to be fully regulated which will be users a sense of safety regarding their funds.
IronX Exchange will boast of a higher than most liquidity with an interlinked platform with multiple high profile exchange partners. This you can tell will definitely increase volume in the exchange.
Be assured of instantaneous customer service for all your inquiries. With over 30 languages available and 24/7 live chat options.
Security on the IronX Exchange is set as a priority with audits being welcome from reputable third-party security auditors. Cold storage will be strictly used to safeguard the funds of users. 2fa etc will also be used.
THE IRONX TOKEN
The Ironx token is the naïve currency for the exchange that will be used for payments of fees and commisons. It is ERC20 and will be listed on the IronX exchanges after token sale.
Sales Token Details
Sales Token Schedule: 1 November - 15 December 2018
Token purchase: Ethereum
Price of Tokens: 1 IRX = $ 0.42
Bonus: 5% - 30%
Total Supply Tokens: 500,000,000 IRX
Website: https://ironx.io
Whitepaper: https://ironx.io/IronX_WP_Version_1.2.pdf
ICO: https://ironx.io/#tokensale
Team: https://ironx.io/#team
Roadmap: https://ironx.io/#roadmap
Telegram: https://t.me/IronX_Official
Ann - https://bitcointalk.org/index.php?topic=5060579
PUBLISHED BY: OGHENEJIVWE PATRICK
Bitcointalk Username:Jivwe
Bitcointalk link: https://bitcointalk.org/index.php?action=profile;u=1718700
