FX & Currencies
Peer-To-Peer Trading Exchange Disrupts The Financial Status Quo
31 Oct 2017
Next generation financial institution based on blockchain technology and peer to peer trading exchange trade.io plans to disrupt the existing financial status quo.
trade.io democratizes the markets and saves money for investors and companies through reducing and eliminating the tremendous fees and inefficiencies by utilizing its innovative blockchain trading platform. The trade.io exchange not only supports trading of multiple asset classes, but a more efficient listing of assets in the crypto economy under the indelible & trusted history that the blockchain provides.
trade.io is introducing its pioneering peer-to-peer trading platform, where participants can share in the profits of the exchange. trade.io P2P participants will be able to purchase TradeTokens or “TIO” through their e-wallet or in our upcoming utility token ICO to participate in the forthcoming liquidity pool and potentially receive pro-rata daily disbursements of up to 50% of the pool’s profits based on performance. This P2P shared liquidity pool, in which participants share in the pool’s performance will be innovative and unique to the industry. Ultimately, the transactional records of the liquidity pool participation will be blockchain based as well.
Jim Preissler, CEO of trade.io stated “this is not just about distributed technology… it’s about distributed wealth through our peer-to-peer shared liquidity pool. We intend to seed the liquidity pool with approximately $50 million cash, as well as 50 million TradeTokens. All participants will share 50/50 from our seed contribution as well. The time has come where people take back control of capital markets and reject the status quo.”
Ultimately, trade.io will be a trading platform for not only crypto assets but also Forex and CFD’s over precious metals, oils, commodities, index’s and global equities and any number of potential assets.
The company is now offering up to 275 million TradeTokens, which are available to purchase via pre-ICO from 7 November 2017 to 21 November 2017, with the ICO occurring 22 November 2017 to 29 November 2017.
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