IRON X - 21st century Trading

Over a decade ago, the first cryptocurrency was invented by Satoshi Nakamoto, utilizing the Blockchain technology in as the core of the innovation. The Blockchain technology due to its open and welcoming nature was then adopted by numerous companies who recognize the gigantic potential to create different cryptocurrencies.

Crypto exchanges have played an important role in the development of cryptocurrency over the years, providing investors and traders with the trading services needed and also the means of diversifying their portfolio. As useful as these exchanges have been, they are not without their challenges. In order for cryptocurrency to attain the long aspired mass adoption, there has to be a modification in the functions and structure of cryptocurrency exchanges.

In this article, I will be evaluating a cryptocurrency exchange that’s created to revolutionize the crypto sphere by advancing on the shortcomings of the existing cryptocurrency exchange along with its innovative features in order to provide traders with amazing trading experience.

Introducing IRON X

Iron X is a decentralized trading platform that seeks to revolutionize the cryptocurrency market through its innovative technology which is a modification on the functions and structure of existing exchanges. Iron X through its amazing platform will enhance cryptocurrency mass adoption by providing a connection between the crypto market with the financial and traditional markets, thereby granting access to entirely new opportunities.

Challenges with existing cryptocurrency exchanges

Low liquidity: Liquidity has been a major issue with existing cryptocurrency exchanges as investors and traders, as they find it difficult to fulfill large orders due to insufficient liquidity. They will therefore have to transact fulfill their orders across different exchanges which will have an adverse effect on the cost of transactions

Lack of regulations: The absence of regulations in the crypto market have been a big issue for a long time as both traders and investors are often uncertain about the legal state of their trading activities.

Absence of quality customer relations system: Most of the existing cryptocurrency exchange do not have good round the clock customer support system to attend to traders with issues while using the exchange, which makes trading a bit difficult and frustrating.

Security and data protection issue.

Entry barrier for fiat funds

IRON X innovative solution

IRON X is an innovative exchange created to solve all the problems encountered by traders and investors in the existing exchanges and also to offer new doors of opportunities in the financial and traditional markets. IRON X will also offer traders and investors on its exchange access to enormous liquidity like never before by integrating the foreign exchange market together with the cryptocurrency market. The IRON X exchange is also a user friendly exchange with incredible round the clock customer support to give users amazing trading experience. Traders on the exchange do not need to worry about the legality of their activities as the exchange is fully licensed under the Financial Conduct Authority.

IRON X exchange boast of several amazing features which are well elucidated in the project Whitepaper.