Wall Street is coming to crypto, like it or not but it's a fact.
Now think about how the current crypto exchange landscape caters for the needs of professional traders putting on billion dollar size positions.
During the recent btc crash practically every major centralized crypto exchange was either off-line or couldn't accommodate the massive amount of orders, exactly at the time when traders needed to be in the market and the largest profits/losses were made (a pro trader can make a substantial portion of his/hers annual profit on a single day like this).
For anyone with experience from professional trading these platforms are a not serious in terms of stability, scalability, usability and liquidity. Honestly, no pro trader managing serious money would touch them with a pole.
Enter XTRADE http://XTRADE.IO
XTRADE is offering a decentralized trading platform tapping into the largest crypto liquidity pools with direct connection to the terminals used by Wall Street traders today (FIX API). This means that these traders can use all their everyday tools they are used to for trading NYSE, S&P500, NYMEX and other major market places and now add crypto on top.
Access to crypto through a system that they can trust and provides necessary liquidity is exactly what is needed for Wall Street to fully adopt this asset class.
Does XTRADE stand a chance to be adopted? Well take a look at the partnerships and judge for yourself:
Furthermore, XTRADE has teamed up with Republic Protocol to provide 'dark pools', a protocol to split up very large orders into fractions to prevent from moving the market price/disclose trader positions in full, which is frequently used in pro trading markets and accounts for a major percentage of total trading volume.
Looking at the current progress of the project (FIX API already in place and alpha platform in Q2) and team (this is Wall Street by Wall Street, look at the media coverage these guys are able to pull) I rank this project top 3 this year within Fintech together with Polymath and tZERO (listing and trading of tokenized securities).
Keep in mind that most of the crypto trading volume in the next years will come from institutional money. Don't miss to get on this train now people.