IRONX - World-Class Crypto currency Exchange

ICO market is nowadays pretty similar to the Wild West during the gold rush period. It is possible to earn money very quickly, sometimes even good money, but you have to find a perfect spot, or in this case, a good project to invest. Common thing to the Wild West? No guaranties and almost no law. It is pretty easy to find bad cowboys which are going to promise you golden mountains to steal your last piece of bread. So in all this mess, if you want to find your gold nugget, you can trust just your own brain composites.

After my research, I found this project in which I really put my faith: IRONX. Very likely you haven’t heard about them, project is made by great team members. Nevertheless, guys have an advantage, many other teams does not: already existing product made on a very perspective field. But these are not all pluses I found in this project. Below you can read the analysis and decide on your own, do you want to send some pennies to the pot.

IRONX is one of the results of developing the blockchain industry that experiences better performance and good ideas, based on a system that allows investors to be more open to symbolic investment. As one of the first blockchain platforms to be produced, the company wants to help investors care more about the economic weaknesses experienced by many people around the world in a concept of reciprocal assistance as an investment that can be used by users on this registered blockchain platform. The essence of some important points of the IRONX platform is that most registered investors and potential investors will start their business on the entire platform.

IRONX is a platform initiated as a global one-stop trades system for the purpose of quality resources. This venture seeks to offer a fair, safe, and clear digital assets trading-service for the blockchain world. In addition, this stage is designed, not only to produce an ecosystem that will function for cryptocurrency trading but also functions for financial products token with huge differences in digital space.

The IRONX is an exchange platform that allows users to trade using local currencies from various countries. This is what makes our trade more quickly and easily because users can buy or sell cryptocurrency directly, not by methods that are slower and more difficult to use through intermediaries, such as BTC or ETH. This also means that users can trade from various countries without additional difficulties, this is what makes IRONX different from other types of exchanges.

Vision

Our vision is to create a crypto exchange that is created with the traditional trader in mind. This is why we have merged the best in traditional trading from IronFX, with the best in crypto EmurgoHK, to create a world-class crypto exchange.

They want the exchange to offer the services that traders are used to, and combine them with the benefits of trading in the crypto currency market. They also want to introduce crypto traders to the benefits that traditional trading offers.

IronFX is the world's leading online forex trading brand, with 10 trading platforms and more than 200 tradable instruments. IronFX serves retail and institutional customers from more than 180 countries in Europe, Asia, the Middle East, Africa and Latin America and provides support for more than 30 different languages. The group is authorized and regulated by four major regulators in the world FX, FCA (UK), ASIC (Australia), FSCA (South Africa) and CySEC (Cyprus)

Thus, IronX is an ERC-20 utility token, which will incentivize token holders and owners with discounts on trading fees and access to services within the IronFX Group ecosystem. IronX is collaboration between IronFX (a highly regulated global foreign exchange trading provider) & EmurgoHK (Hong Kong-based blockchain tech and projects accelerator, part of the Cardano blockchain team), full regulatory licence approval by the Estonian Financial Intelligence Unit (FIU), that has announced its’ plans to use ADA token as a base cryptocurrency in the IronX exchange. A new World-Class Exchange. The IronX Exchange intends to allow clients to use their existing IronX Exchange crypto accounts and cryptocurrencies to seamlessly migrate or move (partially or fully) positions/exposure into the IronFX Group online trading platform in an efficient, quick and costless way, via the use of common back office backbone and best-of-class banking and payment methods available by the IronFX Group. In addition, the existing accumulated experience regarding Risk Management, Account Management, and Compliance Management will be used as a seamless bridge facilitating this process of moving exposure/positions from cryptocurrencies trading into traditional online trading.

Features of IronX

Ultra-high performance architecture for handling global scale industries
Accelerated performance; 1 million trades per second
Intuitive, easy-to-use interface
High-grade security and data protection
Simple systems management
Constant, top-of-the-line system performance
Error detection codes on all records
Always active, dynamic database
Comprehensive customer coverage and service offerings
Quick failover support
Simple systems management
HFT capable systems
Monitoring and alert
Seamless fail-safe modes
Easy FIAT-to-CRYPTO purchasing capabilities.

FEATURES OF IRONX

Fully Regulated
The Group is actively seeking to be licensed and become properly regulated. At present, it holds a FIU licence in Estonia but will actively pursue licences in other key jurisdictions. In this regard the group is considering both Gibraltar and Malta.

Existing Client Base
IronX is being built with our 1.2 million existing IronFX Group retail clients and 150,000 Cardano followers in mind, giving us access to a huge liquidity pool

FIAT and CRYPTO Funding
Our platform will provide a full range of traditional FIAT and CRYPTO wallet funding options

24/7 Support
IronX will be the first exchange to offer not only 24/7 support, but also in the language that our users speak, catering to their needs.

Seamless Blending with Traditional Online Trading
The IronX Exchange intends to allow clients to use their existing IronX Exchange crypto accounts and cryptocurrencies to seamlessly migrate or move (partially or fully) positions/exposure into the IronFX Group online trading platform in an efficient, quick and costless way, via the use of common back office backbone and best-of-class banking and payment methods available by the IronFX Group.

BENEFITS OF IRONX PLATFORM

Access to multiple different cryptocurrencies
24/7 supported trading
Fixed transaction fees
Run reports
Rapidly accepted deposits and withdrawals in CRYPTO and FIAT for all users
Audit trades
Automatic dispersal of Daily Account Statements or configure default recurring daily reports for newly registered users
Ability to place, edit and cancel limit orders into the order book via API
Matching Engine - lean design matches orders at throughputs in excess of 1 million transactions per second
Nine supported order types including market, limit and stop.

TOKEN AND ICO DETAILS

Token - IRX
Platform - Ethereum
Type - ERC-20
Sale start date - November 1st 2018
Sale end date - January 15th 2019
Token price - 1 IRX = 0.42 USD
Tokens for sale - 82.308.213 IRX
Minimum purchase - 100 USD
Currencies - BTC, ETH, USD, EUR, JPY
Soft cap - 18.000.000 USD
Hard cap - 50.000.000 USD

The IRX ERC-20 Utility Token will function as the main token on the IronX Exchange, which supports system usage. Costs paid in IRX tokens will bring discounts, giving incentives to traders who often use IRX for all costs and transactions.

IRX token holders will also benefit in various ways. Based on the level of ownership, they will be entitled to additional services and incentives for the IronX - IronFX Group ecosystem.

ROADMAP AND DEVELOPMENT PERSPECTIVE

Above you can see the roadmap — how the team sees their nearest and long-term future.

TEAM MEMBERS AND ADVISORY MEMBERS TO THE PROJECT

Team seems to be the strongest part of this project. It consists of innovative and talented people. Of course I cannot complain if we talk about their professional level, guys indeed are experts on their field.