Ternion is a regulated cryptocurrency exchange based in Estonia offering first class fiat-to-crypto and crypto-to-crypto exchange and payment processing solutions. Having obtained a cryptocurrency license similar to that granted to NASDAQ, Ternion OÜ will launch a fully functioning exchange platform during 2018.
The Ternion ecosystem is made up of three pillars: Ternion Exchange, Ternion Payments and Ternion Liquidity Fund. Ternion blends the security of traditional financial platforms within the framework of
a cryptocurrency exchange. Ternion offers contributors seamless transition between the old world of fiat currencies and the new world of Cryptocurrencies. As liquidity on the centralized exchange increases, Ternion Exchange will incorporate a decentralized exchange (DEX) platform.
The total market capitalisation for the cryptocurrency sector suddenly increased by $600bn during the last months of 2017. While Bitcoin made up a significant portion of the growth, rising by over $200bn over the course of the year, a number of other alternative cryptocurrencies (Altcoins) followed the same trend. Overall trading volumes grew accordingly within the same period arriving at a peak of over $50Bn in 24 hours, in the same range as the NYSE’s average volume. With increased demand on trading platforms a number of the core exchanges suffered Denial of Service (DoS) as their infrastructure was not ready to handle such rapid increases in trading volume. The end results for the user was a slow service, missed opportunity and in some cases significant losses, as traders were unable to liquidate their open positions
Ternion is a hybrid crypto exchange with a fiat gateway and integrated merchant services.
The Ternion Exchange is a regulated, licensed and centralized entity which allows crypto to crypto, fiat to crypto and crypto to fiat trading. In the post ICO stage the exchange will become hybrid. It will facilitate a decentralized exchange with a centralized one.
The Ternion Payment Processor is a payment gateway that can be implemented at the discretion of a vendor and it issues cards to its users. The users can also use the debit card to pay the vendors. Vendors can choose to receive fiat or cryptocurrency for the goods and services by implementing the Ternion API into their payment method. This is made possible due to the integration of the Exchange into the system.
The Ternion Liquidity Fund supports two business models and is the back bone of the Exchange and the Payments Processor. The Fund is also responsible for buying back the tokens utilizing a quarter of the company’s profit and burning them to combat inflation. The Fund also stores another quarter of accumulated funds to have available liquidity for the future expansion of Ternion globally.
There is a crypto market trend that can be observed by looking at the trading volume of crypto exchanges. Top three exchanges on the market, Bitmex, Okex and Binance, are relatively new and they do not offer fiat-tocrypto trading.
There are only old crypto-to-fiat exchanges which still have less trading volume than the new crypto - crypto exchanges. Kraken, for example, ranks 11th according to CoinMarketCap although it became operational long before the Crypto mega rally.
All new exchanges with the most volume don’t offer an ability to do wire transfers in fiat currencies, e.g. Huobi and Binance. There is a deficit of fiat to crypto exchanges on the market. And a new Crypto to Fiat exchange can definitely become a turning point for the market.
Within the Ternion Ecosystem, all internal revenue-generating mechanisms are geared towards upholding the Ternion Liquidity Fund. Just as the Ternion Financial Model relies on natural market forces to support Ternion liquidity, so too does the utility functionality of the Ternion token. The TRN token is exceptionally well integrated into the Ternion Ecosystem, serving as a method of exchange for fees incurred through the Ternion Exchange and the Ternion Payments business. This utility mechanism may result in higher demand for TRN token, which is then channelled back into the ecosystem, creating a contained cycle of supply and demand.
Details of the sale of the token:
Tokens: TRN
Token protocol: ERC 20
Total token: 95,000,000 TRN
Token delivery at pre-purchase: 22,500,000 TRN
Supply of a token to ICO: 53,500,000 TRN
Sales schedule:
Effective until the 28th of 2018 Date ICO:
Round A - June 29 - August 29 Exchange rate: 1 TRN = 0.65 USD
Round B - August 30 - October 30, Exchange rate: 1 TRN = 2.10 USD
Round C - from November 1 to December 30, exchange rate: 1 TRN = 3.23
Cover of ICO:
Soft cover: $ 5,000,000
Solid caps: $ 65,000,000
Detailed information:
Ternion is a new trading platform based on successful locking methods that demonstrate the market and change the functioning of the financial ecosystem. This system uses its platform-colleagues to support the trading process for some fantastic types of assets. In addition, this platform also uses its own known crypto currency, which is known to be Token trading. The developers expect to create huge liquidity targets, which conduct Token transactions, to help the owners of tokens. The goal of this platform is to become a leader in the transformation of several financial assets with blockchain technology. After you decide to participate in this trading website, I'm sure that you can continue to invest in the experience and creative ideas of the founder,
ROAD MAP
1st quarter of 2018
The exchange began to develop.
T2 2018
Public pre-sale. Exchange rate
T3 2018
Public sale.
Quarter 2018
Decentralized closed beta exchange. The exchange represents margin trading. The decentralized development of Exchange began. Exchange of liquidity in cash.
1st quarter of 2019
Development of Ternion payments begins. Start a decentralized exchange. Closed beta payments. Early exchange bonus.
T2 2019
Start Payments.
COMMAND
For information :
Website: https://ternion.io/
Technical paper: https://ternion.io/TernionWhitepaper_en.pdf
Twitter: https://twitter.com/ternionofficial
Telegram: https://t.me/TernionOfficial
ANN: https://bitcointalk.org/index.php?topic=4623236.msg41743899#msg41743899
Facebook: https://www.facebook.com/ternionofficial/
Author: purwanto tegal
Bitcointalk Profil: https://bitcointalk.org/index.php?action=profile;u=1917456
ETH Address: 0x80B100739953A2701A93eee2AC5E6448eE913ad5
Telegram: 