Hello Readers, Good day everyone, today we will be looking at the new technology of XTRD as regard to Investing, Blockchain,Business, Mining, Cryptocurrency and Trading).
crypto and blockchain technology are the modus operandi of the future. however, lots of today’s blockchain applications have outdated functionalities: Rudimentary user-interfaces, Long user-verification times, Bugs, Security flaws, Complex web of exchanges, High fees Thin liquidity etc.
Complex web of exchange, High fees and Thin liquidity among others are the major challenges in this project.
XTRD with their innovation has a solution to these problems which i will narrate in four innovative ways;
FIX API
A FIX API is a proven, old method of connecting markets. XTRD has created it's own FIX API that connects all of the major cryptocurrency exchanges. Whether you’re part of an institution, a hedge fund, or if you’re an algorithmic trader - this changes how you will look at crypto forever.
SPA
SPA stands for Single Point of Access. XTRD will aggregate liquidity across exchanges by launching a unified, Single Point of Access. they will also be forming joint partnerships with crypto exchanges to bring a broader horizon to the market.
XTRD PRO
XTRD Pro is a downloadable solution to the fragmented markets which will enable traders to have access to all cryptocurrency exchanges and all their accounts from one application.
XTRD Pro is a standalone trading platform that won’t suffer shortcoming or inflow, it will also allow traders to make more profitable choices with hotkeys, custom buy orders, and consolidated booking.
XTRD DARK
XTRD Dark is designed to cutout the middlemen. XTRD matches sellers with institutional buyers for enormous crypto to fiat trades. Decentralized dark pools can't take fiat or complete KYC. Through XTRD banking partners in the US, the UK, and in Hong Kong, they do KYC and enable fiat to crypto. Instead of paying the standard 12% commission, you will pay less than 1% when working through XTRD Dark. You will be able to earn more and save more.
XTRD’s database connections process orders just as fast as anything on Wall Street. They have built optimized databases all across the United States that provide low latency order execution in the milliseconds.
KEY BENEFITS:
- Faster Trades
- Reduce Your Risk
- Increase Your Liquidity
- Less Fees
- More Exchanges
- Complete Privacy
XTRD is focused on becoming the de-facto trusted, US-based technology platform for large financial players to easily execute on crypto. XTRD will generate revenues via execution fees, market data sales, VPS services, software licensing and other ancillary income streams. Operational funds for creating the platform and
the balance sheet required to execute across multiple exchanges will be raised via a token generation event.
XTRD TOKENS
Trading fees will be collected through the cryptographic economy, facilitated by the XTRD token.
XTRD is an ERC20 compliant utility token generated on the Ethereum blockchain and will be used as a means of payment by trading participants for services provided by XTRD. XTRD tokens will be created via a token generation event scheduled for Q1 of 2018.
TEAM MEMBERS
For more information, visit the following links:
WEBSITE: https://xtrd.io/
WHITEPAPER: https://xtrd.io/xtrd_whitepaper.pdf
AUTHOR'S BITCOINTALK PROFILE LINK: https://bitcointalk.org/index.php?action=profile;u=2279145