IronX - World-Class Exchange based Cardano (ADA)

About IRONX

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.

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.

Founded in 2010, 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)

Problem
Anyone involved in electronic money exchange activities, today each of them face the same problem. The inconvenience of these issues is not only exchanged by managers, but also by customers using their services. We list the most serious problems:

Lack of regulation: Most electronic money exchanges are not regulated by law, involving customers of these exchanges unable to feel and their money is safe. Anything that can happen at any time: the site will not open or the stock exchange application will not start, all assets from your balance will disappear, hackers will break the protection and steal all the money.

Low liquidity. This is one of the most important indicators for customers. If there is not enough liquidity, traders will not be able to close positions at good prices and investors will not be able to gain position in the portfolio at competitive prices.

Inability to supplement fiat currency balance. A very common problem. Users want to transfer money directly from their bank card to their exchange account to transfer money instantly to the selected digital asset.

Customer support. People who face issues on the exchange will confirm how long you have to wait for the response from those people. support for created application. Either the customer simply ignores it and it is impossible to reach a solution to their problem.

Solution
With so many years of experience in the field of exchange, the team has decided to keep up with modern technological advances and launch an electronic money orientation on its foundation. Developers intend to create a market-oriented, customer-driven, high service standard. First of all, users will be able to add their stock accounts and withdraw money in fiat currencies.
To successfully launch a digital asset transaction, the team identified a number of key areas that need to be implemented:

Regulation: The exchange will be regulated by financial institutions in accordance with state law. All customers will have to go through their identity verification process (KYC). Such measures will ensure maximum safety for client accounts and comfortable work, without fear that the exchange may be closed.
Liquidity: To ensure high liquidity for all trading tools presented on the platform, IronX exchanges in partnership with a number of counterparties, if needed, will be able to provide the missing quantity. Liquidity.
Customer Support: As mentioned, the IronFX Forex Trading Platform has a large technical support team that communicates with clients in more than 30 languages. The interface and functionality of the platform will be as intuitive as possible, and developers are confident that users will be able to understand it independently. If you still need help and the customer will contact technical support, his problem will be resolved quickly.
Currency support Fiat: The entry, withdrawal and conversion of Fiat currency will be the main difference between IronX. The exchange plans terminate several agreements with banking structures that will allow the service of the customer's electronic funds accounts.

IronFX Forex Market is available to act as a browser version, you can also download the MetaTrader 4 terminal for your mobile device and set up synchronization with your trading account to deal. Similarly, transactions from the web and mobile version of the exchange will also be available to IronX customers in the direction of electronic money.

Why 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. 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.

Our Vision
Our vision is to create a password exchange that is built around traditional traders. That's why we combined the best of the IronFX tradition with the encryption of EmurgoHK, which created a world-class password exchange.

We hope that the exchange will provide familiar services and combine the benefits of trading in the cryptocurrency market. We also want to learn the benefits of traditional transactions to cryptographic traders.

Business Concept
After reviewed the business concept from the IronX whitepaper, I saw that the IronX's business concept had good and logical qualities. Today, many cryptocurrency trading platforms and websites were created by inexperienced developers and companies, thus bring up various problems: (1) not complying with or having no regulation; (2) slow; (3) bad interface; (4) not safe (frequently hacked); (5) customer support is not responsive to handle complaints; etc.

Since IronFX has the experience to create a high-performance forex trading platform, the idea of making a large-scale digital currency trading platform could pretty much be realized. Like forex and stock trading in general, there are key success factors, such as:

Comply with the regulations (for customer protection);
Its architecture has a very fast and robust performance;
High-level data security and confidentiality;
The user interface is intuitive and easy to use; and
Quality service support.

IronX Exchange Ecosystem

The IronX Exchange ecosystem plans to cultivate a network of clients and brokers upheld by a specific group of client service agents. Clients will connect on a propelled site intended to convey specific client service in parallel to its normal platform utilize, along these lines making an ideal trade effortlessly of activity for new and experienced dealers alike.

Client service will incorporate a bunch of customer arranged highlights, for example, hotline bolster and live visit choices, with multilingual help in more than 30 dialects, notwithstanding an interestingly simple to-utilize and direct trading programming. Clients will encounter an effective platform without exorbitant slippages, with amplified page stack paces and fast server reactions to site action.

We are investigating the likelihood to provide clients with the chance to encounter crypto trading that is seamlessly mixed with traditional online trading and allows clients to effectively switch among crypto and spot trading, benefitting as much as possible from their trading and using the most profound accessible liquidity consistently.

IronX benefits

In fact, the project has a lot of advantages that distinguish it from other platforms. The main advantages include:

The presence of round the clock support.
Compliance with all rules to protect customers.
The architecture has significant performance, which makes the project as interesting as possible for users.
The interface is quite clear and easy to use. Everyone can deal with it and it will not cause much difficulty and problems.
Availability of really high-quality service support.

About the token

The IRX ERC-20 Utility Token will act as the primary token in IronX Exchange, backing up system usage. Charges for IRX payments will be discounted, encouraging regular traders to use the IRX for all fees and transactions.

People with IRX cards will also benefit in a variety of ways. Based on their level of holding, they will receive additional services and incentives on the IronX - IronFX Group ecosystem.

Public token sales will be open to all potential contributors, except for citizens of the following countries: United States, Cyprus, Burma, Cuba, Iran, North Korea, Syria, Crimea , Bangladesh, Bolivia, Sudan, Ecuador, Egypt, Kyrgyzstan, Morocco and Namibia.