IronX Provides Proper Solutions to Primary Problems of the Crypto Market
Crypto industry is currently facing problems, which are taken into consideration by potential contributors and prevents them from making their investments in crypto assets. The leading concerns are the lack of liquidity and regulations, withdrawal restrictions, lack of customer support and the absence of a high-end technological interface.
Here is how the IronX Exchange aims to be a solution to the mentioned problems.
Poor Liquidity in Crypto Exchanges
In the absence of a continuously updated list of buyers and sellers, new users feel sceptical about starting crypto trading. This creates low liquidity in the market, which has been a consistent problem in this industry.
Through the joint platform with IronFX Group, IronX Exchange will offer seamless blending with traditional online trading to allow access to the FX market with the deepest liquidity available globally.
The exchange will feature an active and dynamic database for new traders, designed to match orders at throughputs in excess of 1 million transactions per second. There will be nine supported order types, including market, stop and limit orders.
Fiat Funding and Withdrawal Restrictions
Fiat funding is one of the main requirements for new users due to the fact they may not have crypto assets as they are entering the crypto market. A majority of crypto exchanges do not allow deposits in fiat money, which hinders new entrants to the market.
IronX Exchange will allow both fiat and crypto funding options through its native user-friendly and secure platform.
Lack of Professional Customer Support
Unfortunately, the crypto market today is suffering from the lack of users` knowledge of the nature of blockchain and crypto assets. It is natural to make mistakes and not informative decisions while there is no backing of the industry expertise and insightful analysis. In these particular cases, internet videos and blogs can cause more misunderstanding than provide informative answers.
IronX will offer a 24/7, highly experienced customer support team, well-versed in over 30 different languages.
An Absence of High-End Technological Interface
IronX will provide a meticulously designed advanced platform. This includes ultra-high performance architecture for handling global transactions, error detection codes on all records, HFT capable systems, fail-safe modes, encrypted Transport Layer Security (TLS) connections and two-factor authentication through Google Authenticator application.
