PRESENTATION
1st trade is a blockchain based cryptocurrency trading platform that intents to offer derivative trading service based on blockchain in the nearest future. The exchange was developed using an independent intellectual property right .1st trade have a team of professionals with many years of experience in block-chain and trading industry. They team implements different latest technology for the development and security of the 1st trade platform.
First trade matching engine is capable of processing up to 50,000 transactions per second, which makes trading activities very fast, efficient, and profitable in the platform.
It not new that the prevalent problem in cryptocurrency exchanges is insecurity. In a bid to counter these challenges, 1st trade as integrated an independent risk management system which will always alert the management in case of any suspicious or fraudulent activities in the platform.The wallet gets reacting to the transaction process and get delayed.
1st trade platform also intends to offer advanced-trading services such as derivative services offering institutional, high-frequency trade, staking node business, PE, VC, blockchain insurance services based on blockchain wallet system and multi-signature system of asset storage, and many more.White label trading system of secured blockchain assets has been well configured. Insitutional accounts will be offered to users according to the user's rating system in other to ensure institutional accounts are independently created of the trading system, and the exchange-depth details are shared in real time.
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FEATURES OF 1st TRADE PLATFORM
(i) Trust Insurance: 1st trade has own trusted insurance system which enables users to buy varieties of crypto assets and insure them.Assets insured are highly secured.
(ii) 1st trade Credit system: 1st trade is blockchain-based platform that implements a lending system which enables registered and eligible users receive a loan in a transparent mode.
(iii) Staking system: Staking system is another strategy adopted by 1st trade platform to boost and retain the value of FRT token for the growth and development of the ecosystem .FRT holders can stake their token on the platform for interest. The more token in stack system, the more income earned.
(iv) Stable Coins: In other to protect the traders on the platform against market volatility, different forms of stable coins are listed in the exchange.
(V) Referral program: This is a program that enables registered users of 1st trade platform to refer friends, relatives anyone to the platform with their referral links. The more users invited to the platform the more income earned.
FRT TOKEN
(FRT) is an abbreviation of 1st trade token. It is ERC20 based token. It is the utility token and native currency of 1st trade platform.The first trade token (FRT)
serve several utility functions such as:
(i) Reduction in trading commission, the platform users can use FRT for the payment of trading fees.
(ii) Trade discount: Traders enjoy discounted FRT token when trading on FRT Exchange.
The total number of FRT tokens is 500,000,000
Price per FRT is 0.06 USD
FRT TOKEN DISTRIBUTION
34% FOR DPos Mining
21% FOR IEO Sales
15% FOR LEGAL
10% FOR Marketing, PR, Promotional campaign
20% TEAM INCENTIVES, PROJECT SUPPORT AND OPERATIONS
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CONCLUSION,
1st trade is an innovative digital asset trading platform that seeks to improve cryptocurrency trading services for the global traders. The Team of the 1st trade platform sees security as the topmost priority and have employed all necessary infrastructures to tighten the security of their exchange.Besides, the team behind the project are professionals in different fields of life.To get more details about this project, do consult the official links below.
Official links
Website: https://www.1strade.io
WhitePaper: https://www.1strade.io/doc/FRT-en.pdf
Twitter: https://twitter.com/1stTrade1
Facebook: https://www.facebook.com/1strade
Linkedin: https://www.linkedin.com/company/1strade
Telegram: https://t.me/FirstTradeOfficial
Medium: https://medium.com/@1stTrade
Bitcointalk ANN: https://bitcointalk.org/index.php?topic=5201001
Author : Beat putih
Bitcointalk URL: https://bitcointalk.org/index.php?action=profile;u=1953434
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