Following multiple legal consultations across various jurisdictions, trade.io management
is fully confident that Trade Token falls under the classification of a utility token and
NOT a security. Trade Token acts like a membership coupon that grants access to the
trade.io shared liquidity pool when used in the trade.io wallet. Pool participants can
contribute Fiat, Crypto, and Trade Tokens (and eventually other listed assets) to the
pool.
The liquidity pool pays these wallet holders out in a variety of currencies such as crypto
and fiat. Therefore, if Trade Tokens are held outside the wallet, or not participating in
the liquidity pool, there would be no access to the shared liquidity pool benefits that
the wallet holders receive.
Additionally, Trade Token holders may receive other coupon benefits such as preferred
access or discounts on future products or new listings. To summarize, Trade Token’s
act as:
• a lower cost medium of exchange on trade.io
• a store of value that can be used to purchase goods and services
• a membership key in the trade.io wallet to the liquidity pool
• a coupon enabling wallet participants to receive higher levels of benefits
• a coupon for preferred access to products or new listings on trade.io when used in
the wallet
To learn more visit https://trade.io/ or download whitepaper here - https://trade.io/whitepaper/EN.pdf