Hello steemians, today I'll be doing my first review on trade.io, a platform that is set to take the blockchain trading system to another level.
Trade.io is a trading platform as the name implies, it's a decentralized, traceable, transparent platform, that enables it's users to trade through the blockchain.
The platform was created to enable it's users trade both digital and physical assets like cryptocurrencies, oil and so on. Trade.io is a platform that uses a peer-to-peer platform to support the trading of a wide range of assets.
They recently launched their own cyrptocurrency which is called "Tradetoken". The token is used as currency for all trade and investment within the system. The platform in addition provides a secure digital space on all it's users account in order to make it safe for any other cyrptocurrency or fiat.
Trade.io is leveraging on a decentralized network (blockchain) in other to create a platform that is transparent and effective as well.
The system is building a shared liquidity pool, where users can easily invest their assets through their trade.io membership using the token, the system will in return share both the profits and the losses generated through the pool. In other to join this network the user has to own a certain amount of token (2.500 TIO trade token approximately $875 USD pre-ICO or $1200 USD post-ICO).
####BENEFITS OF TRADE.IO
The benefits of trade.io includes:-
*Liquidity pool : Trade.io adopted a system that is open to all users and provides transparency in all it's engagements such as trades, investments and so on. The system is one in which every profit and loss is shared among every trader. Every member is free to invest in the the pool and the outcome(profit & loss) after everydays' investment is distributed evenly to all it's members and like I said earlier in other for a member to be able to invest and also benefit from the liquidity pool, the member has to have a certain amount of token which is 2,500 trade token.
*Blockchain technology :- Blockchain is a revolutionary invention that does not involve a third-party, it protects it's users data. It secures links and information in the system with the use of cryptography. It is one of the safest method of storing and managing data/information, once an information or data is recorded it can not be altered. And the trade.io uses this technology which in other words means the data and information of every of it's user/member is safe and secure without a third-party interfering or stealing information.
*Support :- Trade.io has a reliable customer care service that works 24/7 to attend to any emergency query or request from the traders/members through available social avenues such as email, telegram and so.
####CONCLUSION
Trade.io is the first trading platform to deal on trading both digital and fiat currency and still maintain decentralization, it is set to take the blockchain trading system to greater heights.
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