Trakx.io: A crypto platform has been developed by Trakx.io to produce, spread and facilitate the trading of Crypto Traded Indices (CTIs). Trakx with acceleration will present a vast panel of CTIs which will include, levered CTIs, inverse CTIs, basket CTIs, and stable coins.
- TRAKX Insight On Crypto Traded Indices:
Crypto Traded Indices are marketable asset-backed tokens which notably decrease the complication and fees associated with the set of short and long positions on various cryptocurrency assets. An active secondary market is possible due to the tokenization of the indices.
- Trakx bounty contest ($500,000 TKX to Claim):
Trakx is running a bounty contest where a user has one of the most innovative, exciting & easiest opportunity to earn free tokens. Their bounty program allows the users to participate interactively and earn entries for every task completed successfully.
You can also invite your friends and earn more points to win a prizes upto $25,000 and 250,000 TKX tokens.
Registration procedure:
Join the bounty here
Click on “enter now”
Provide your name, email and ETH address and click on signup
Verify your email and begin the bounty
The more tasks completed, the more TKX tokens will be rewarded.
- Know more about Trakx Platform and Crypto Traded Indices:
Cryptocurrency which is offered by CTIs in Trakx.io was not as well liked or understood as it is now. With the huge price change and a flourishing understanding of blockchain technology, an array of different financial investment offers that involve cryptocurrencies have emerged, with one of the most popular being crypto-funds.
Crypto-funds:
• Crypto hedge funds: Investments done in both early ventures and more established leading cryptocurrencies.
• Crypto venture funds: A chance given to investors to fund crucial early crypto projects and liquid ICO/STO ventures, and to profit from large pre-sale discounts.
• Credit funds: Providing loans in cryptocurrencies and originate loans secured by cryptocurrencies.
• Token baskets: Calmly track the performance of indexes, for example, the top 20 largest cryptocurrencies by market capitalization.
Trading Orders(Cryptocurrency):
Cryptocurrency traders can put classic market orders but also pending orders and try to buy or sell crypto at optimal possible rates.
Following are the main orders for trading crypto:
Market order: This is buying or selling cryptocurrency at the present market level. Advantage: Speed of execution, you can execute your trade almost immediately. Disadvantage: Slippage, can get the worst price.
Limit order: Placing an order for buying or selling a cryptocurrency at a particular price. Two outcomes: It will be filled by someone else’s order at this particular price and it will stay unfilled.
Stop-loss order: Placing an additional order to curb the potential loss.
Take-profit order: Placing an additional order so you can guarantee profits.
Advantages of CTIs provided by Trakx.io:
Low cost: Fees will be cheaper as compared to cryptocurrencies mutual funds.
Security: To trade cryptocurrencies accounts may be required on multiple exchanges on Trakx.io.
Single access point: The objective of Trakx.io is to provide different kinds of CTIs and become a single point of contact for CTIs.
Other advantages include passive management, trading flexibility, instant diversification, and transparency
Find out more about the project details by visiting their website https://www.trakx.io/ and you can also download the WhitePaper here https://bit.ly/2T5Jrmw
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