HYDRAX-BRIDGING THE GAP BETWEEN CRYPTOCURRENCY EXCHANGE PLATFORMS THROUGH ONE PLATFORM
INTRODUCTION
Over-the-Counter and Cryptocurrency exchange platforms are the major entries into the investments into cryptocurrencies. Since the development of cryptocurrencies back in 2009 as pioneered by Satoshi Nakamoto, there have been several cryptocurrency exchanges that have been developed into the cryptospace. Cryptocurrency enthusiasts and cryptopreneurs all over the world conduct in trading on these platforms. Cryptocurrencies such as Bitcoin, Ethereum, Litecoin, Dash etc. are traded among users on these exchange platforms. Cryptopreneurs take opportunity of the volatility of cryptocurrencies and make profits as they buy and sell cryptocurrencies later when their prices have gone up. Sometimes other cryptopreneurs also sell their assets on other exchanges which have higher prices.
All these have contributed to the development of several exchange platforms such as Digifinex, Bittrex, Binance, Idax, Coinbene, Kucoin etc. These exchanges have been developed to assist crypto enthusiasts in their trading activities however cryptopreneurs are faced with some challenges whiles trading on these platforms. For instance, the security level of some exchanges are not secured enough to safeguard the assets and funds of users on such platforms and this enables hackers to gain access to these platform and abscond with the funds of users. Yes, that is the most painful part, the funds of users get stolen without any form of reimbursement.
The crypto industry has given birth to crypto traders whose main purpose in the investment into cryptocurrencies is to purchase cryptocurrencies when they fall short in price and later sell them when their price increases. This act of trading makes them register on several exchanges across the cryptospace. In as much as this is very vital to their trading activities they are tempted to lose log in details on some exchange websites or to make matters worst incur high transaction fees on some exchanges. I know for a fact that Cryptopia exchange charges about five times higher when making withdrawals in bitcoin than Binance exchange. Users are left to their own fate to endure all these high charges anytime they make transactions on several cryptocurrency exchanges.
Another problem that most crypto day traders would testify to is the slow performance of some exchanges. Decentralized exchanges and a couple of exchanges which I have traded on are very slow in confirming and executing transactions. The experience of having to wait to see the order book being updated from time to time is heart-breaking on some exchange platforms. These are the issues that cryptopreneurs are facing yet paying high fees for the transactions they make. We hear of several upcoming exchanges planning to solve these problems but they tend to compound it or make it worst ☹.
This is why the team members of Hydrax have designed a single platform that would solve all these problems.
EVER DREAMT OF TRADING ON SEVERAL EXCHANGES THROUGH ONE SINGLE PLATFORM? TRY HYDRAX.
Hydrax multi-platform is going to be the first of its kind in the cryptospace which would allow users to trade on multiple exchange platforms through one entry point. This amazing technology has several use cases for crypto enthusiasts who are deeply involved in day trading because with Hydrax they can execute their trades with speed. Another thing is the minimized transaction which users would pay because transactions is being performed through one platform.
Enjoy live trade on Hydrax Multi-Asset platform as you conduct your trading activities. Hydrax has been designed based on highly advanced trading engines which can perform several transactions without any delay.
Hydrax also takes the fear that some crypto enthusiasts harbour when trading on exchange platforms. Security is of a very high importance to any investor hence Hydrax has been designed on a robust system with the latest and highly advanced security mechanisms to prevent hackers from gaining access to the funds of users. If you are looking to trade on a very secured exchange platform with fast trading engine to help you make the cuts out of the volatility of cryptocurrency then Hydrax is the platform that you need to register on. The interesting thing about Hydrax platform is that they are actually bringing you closer the exchange platforms that you trade on to execute your trades at a faster space.
To prove to investors the seriousness of the development of Hydrax, they have already partnered with some major cryptocurrency exchange platforms in the cryptosphere. Hydrax has already establish all these partnerships to ensure its users of a read-to-go product and not a bunch of ideas that are being shared through the development of ICOs.
For more information please visit their official links below
Sign up link https://webtrader.hydrax.io/
Authorship
Bitcointalk username: Successmaniac
Email on website: [email protected]
@j-cole i heard about this project called Cryptassist which wanted to do something very similar to this. That is designing a cryptocurrency exchange that would serve as a link to connect different exchanges on one single platform. Unfortunately the project is quite silent now but i hope the team of Hydrax is really going to bring this to live.
Thanks for sharing this post dear.
You are welcome, linking different exchanges is a really great idea.
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