Cryptocurrency has brought about so many life-changing occurrences since it's inception. We have witnessed the rise of bitcoin from as little as $800 to about $20,000. People who invested in bitcoin early are no doubt financially free. Cryptocurrency has personally been a reliable source of income for me, I've been able to quit my day job and earn a living in the world of cryptocurrency. Traders and investors alike all have their success stories which motivate newbies to venture into this amazing but volatile world of cryptocurrency.
But there has always been two sides to a coin, while the "heads" of cryptocurrency has brought a lot of people good fortunes, it is worthy to note that the "tails" has brought misfortune and a great deal of unhappiness to the unlucky ones. As of today, millions of cryptocurrencies are worth less than they were when they set out initially, the famous bitcoin experienced a jaw-dropping decline in value from $20,000 to $6,000+ as of today. Cryptocurrency is no doubt a high-risk high reward venture if ventured wisely could bring the breakthrough in the overall quality of one's life.
At this point, risk management is a very important skill to harness as a trader or investor or even an organization within the blockchain technology. The volatile nature of cryptocurrency demands that individuals and institutions are well equipped with information and the right tools the risk involved in trading and investing cryptocurrency. A combination of vital information and adequate tools can save one from great misfortune. Ignorance is indeed expensive.
International Digital Asset Platform (IDAP)
International Digital Asset Platform (IDAP) plans to transform the current cryptocurrency asset market. Being the first self-contained ecosystem for the cryptocurrencies derivatives trading market, IDAP creates a decentralized multifunctional system of using cryptocurrency derivatives, such as calendar spreads, swaps, crypto-indexes, direct futures, ETF, allowing users to optimize and diversify the performance and profitability of their portfolio which in turn will open the new market of opportunities.
Compared to the mainstream global market, the cryptocurrency trading market is quite young and prone to certain limitations. In order to minimize risk during trading, traders need more options in trading via cryptocurrency derivatives which the current market doesn't offer. This current issue fails to attract new traders in the crypto-market, besides the current traders in the market with little options, are prone to high-risk trades which could mean a lot if things go badly. With the introduction of cryptocurrency derivatives instruments as well as other vital tools, traders can take advantage of the legacy trading offering on International Digital Asset Platform (IDAP).
Despite falling to almost half its value after hitting the $800 billion mark at the turn of last year, the crypto market never lost its potential to scale new heights. As of now, industry-wide consensus predicts that the market capitalization for cryptocurrencies will hit a trillion dollars, sooner than later. By proffering a high degree of freedom to its traders and investors, the market can fuel this growth by leaps and strides. - IDAP
Asides poor customer support and insufficient opportunities available to traders, the current asset trading platforms still suffer from cyber-attacks and hacks. As the blockchain technology continues to develop new innovation to provide a more secure trading environment, hackers and cyber-attackers are also innovating new ways to steal hard earned money from crypto-traders. IDAP is introducing diversified trading and investment instruments with an institutional grade exchange platform, complete with advanced trading tools, dedicated 24/7 customer support and top-level security to keep traders safe.
I have always believed the success of a project depends on the team, that stands true till date. International Digital Asset Platform (IDAP) is manned by a team of highly motivated professionals, possessing a robust academic background coupled with years of trading experience on world’s best exchanges like CME and ICE.
Unlike most of the current exchange teams that majorly comprise techies with limited exposure to financial markets, the IDAP team and advisors have diverse exposure, comprising of highly successful traders, technocrats, and successful entrepreneurs. Our team possesses hands-on experience in trading with global exchanges, market analysis, operating & managing successful enterprises, and customer service & support. - IDAP
Conclusion
International Digital Asset Platform (IDAP) led by Awanish Rajan Co-Founder & CEO will no doubt be the big push the cryptocurrency trading world needs. This project is a promising one and you should visit the website for more information. I believe strongly that a project like this will not only bode well for traders but also serve as a purposeful invite to other new members thus increasing the cryptocurrency community at large.
You can always find more information on these links:
Website: https://www.idap.io
Whitepaper: https://www.idap.io/docs/idap-io-whitepaper.pdf
Facebook: https://www.facebook.com/idapio.exchange
Twitter: https://twitter.com/idap_io
Medium: https://medium.com/idap-io
Linkedin: https://www.linkedin.com/company/13691065/
Reddit: https://www.reddit.com/r/idap_io/
Authored by Tymix12
Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=1366638