Injective Protocol as a Role Model for the Cryptocurrency Trading Platform

Camella Came
5 min readJul 29, 2020

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A few years ago cryptocurrency was on the rise and became the talk of many people, not even a few people who were interested in investing by relying on cryptocurrency tokens. Although known as an investment that produces maximum profitability, but that does not mean cryptocurrency investments are easy to run. This is because cryptocurrency has these self signs that must be known and considered by the cryptocurrency users themselves. So they can manage their digital assets properly and wisely.

Cryptocurrency is known as a digital currency that is used to transact digitally by relying on an internet connection. Where the secret passwords that have been equipped on a system that is very complicated to understand, because the passwords are deliberately presented to protect and maintain the security of digital currency or cryptocurrency. Not only that it also has a difference with conventional currencies that use a centralized system, virtual currencies actually use a decentralized system. Where no party is present and acts as an intermediary in a particular transaction and every transaction made by relying on cryptocurrency will be carried out between the sender and recipient only or using a peer to peer network. Although every transaction made does not rely on a third party, it is certain that all transactions will be recorded and monitored in the cryptocurrency network. Later cryptocurrency miners will play a role to record every transaction that occurs on blockchain technology.

As we know that at least only used as a transaction tool, but also as an investment tool. Similarly, fiat currencies can be traded or exchanged with other fiat currencies. Even cryptocurrency trading and exchange activities are the most popular activities at the moment. In addition to offering a promising return on investment, cryptocurrency exchanges are also equipped with a very high security system. So users can manage their digital assets safely. There is now a fully decentralized cryptocurrency trading platform called the injective protocol.

It is not an easy thing to do cryptocurrency trading, where traders will be faced with huge challenges in the digital currency market such as liquidity. Although both can be traded, please note that cryptocurrency trading has a different procedure than fiat currency trading. Therefore it can be said that user experience is also a challenge to cryptocurrency trading activities, where the more skillful a person is in conducting crypto trading, the higher the profitability obtained. But if the user experience is still very minimal, then he will also be faced with the risks of loss that will occur when trading cryptocurrency. Because of the lack of trading experience will make someone unable to anticipate if faced with several problems. That is why user experience is also a major factor for cryptocurrency traders to obtain maximum income.

Injective Protocol can be said as an unusual cryptocurrency trading platform, in addition to using a fully decentralized system this platform has also provided a mature cryptocurrency trading and exchange service. In the world of cryptocurrency many cryptocurrency trading platforms that provide features with the same design, so it does not provide the latest experience for traders. Even the features provided are quite rigid, so it does not provide a pleasant experience to cryptocurrency traders. Unlike the case with the Injective Protocol which has made the latest innovations so as to give birth to cryptocurrency trading services that will provide the latest experience as well as fun with optimal liquidity. So that users can enjoy the service without experiencing any boredom, this is certainly very important for cryptocurrency traders considering trading activities require a high degree of focus, so traders tend to experience boredom. Therefore the innovation carried out by the Injective Protocol is one of the business strategies that must be maintained in order to easily attract cryptocurrency traders to join the injective protocol.

If the trading platform usually only provides 1 or 2 services, even the services that have been provided cannot be applied by its users. Moreover, for platforms that have just entered the inaugural market, which features or services are still under development. However, the Injective Protocol has provided mature and enjoyable services. Among them are decentralized loan or margin trading, decentralized futures and derivatives markets and cross-chain trading.

The decentralized loan or margin trading service itself is a service that allows its users to invest in the short and long term using their cryptocurrency with leverage. Where this service will provide full freedom for its users, this can of course occur because the Injective Protocol uses a fully decentralized system. So that traders can trade according to their needs and desires without being limited by any policy.

The second service is the decentralized futures or derivatives market, where the Injective Protocol will offer a new way that has been innovated with several sophisticated systems so that traders can get the latest experience on cryptocurrency trading. Even so that the services provided by the Injective Protocol can operate perfectly, the Injective Protocol will also collaborate with several currency exchanges and derivative markets such as devi and binance. In addition, the Injective Protocol also provides cross-chain trading by supporting several different types of cryptocurrency such as Ethereum, TrueUSD, IJN, MKR and Dai. The plan is the Injective Protocol will also add more types of cryptocurrency, this is done so that it can be utilized by users from various parts of the world. So they can carry out economic activities such as the exchange and trading of cryptocurrency they have through the Injective Protocol ceiling.

It is not an easy thing to build a platform with services that are close to perfect words and needed by users. Because the team of experts and founders also have to spend a lot of money and time to do research and innovate the knowledge that has been obtained through the research process so that it can be transformed into a service that suits the needs of users. Where all the innovations, creativity and user suggestions will be arranged so that the Injective Protocol can provide satisfaction to its users. To achieve this, of course it takes time and hard work from a team of experts, this is why the Injective Protocol will try as much as possible by showing developments openly. Where a team of experts, especially developers, will try to design a sign of the economy and growth is the best alternative and the only solution that can be used to appreciate tokens. Therefore, by looking at the various hard work and quality services provided by the Injective Protocol, it is not impossible if the Injective Protocol will become a role model for the cryptocurrency trading platform in the future.

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Click the link below for more information

Website: https://injectiveprotocol.com/

Whitepaper: https://docsend.com/view/zdj4n2d

Telegram: https://t.me/joininjective

Twitter: https://twitter.com/InjectiveLabs

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BTT: https://bitcointalk.org/index.php?action=profile;u=2579527;sa=summary

ETH: 0x42d53b516bded118c7c5e5de9579c1e2a53b5fa9

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