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Author Topic: XTRD - An innovation solution to exchange problems  (Read 109 times)
pelumi20 (OP)
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September 09, 2018, 11:59:11 AM
Last edit: June 03, 2021, 10:18:42 PM by pelumi20
 #1

XTRD Unifying Cryptocurrency exchanges

XTRD is the first decentralized platform with the aim of unifying different cryptocurrency exchanges in order to provide traders with user-friendly and economical trading experience. XTRD is a decentralized platform that aims to provide innovative solutions to the challenges faced by traders in the existing cryptocurrency exchanges.

Traders in the existing cryptocurrency exchanges are confronted with a lot of challenges like

Liquidity problem: Buyers or sellers with large orders may find it difficult to get their orders fulfilled on a particular exchange due to low liquidity, they will, therefore, be forced to fulfill their orders at different prices on different exchanges, which will increase the total costs incur for the whole transaction.

Problem with the complex web of exchanges: the existence of different exchanges have made trading more complex traders, as they will have to familiarize themselves with different exchange interface, configure different trading APIs for different exchanges, fulfill KYC requirements and security procedures for the various exchanges they use, which could be inconvenient and tasking.

XTRD offers an innovative solution to these challenges through its amazing features, which makes it unique and also a revolution in the crypto space. Some of the features of XTRD are mentioned below

SPA (single point of Access) Liquidity Aggregation/Cross-Exchange Execution: This feature was introduced in bid to eliminate the problem of liquidity. This feature enables traders to make large trades at the best possible price across different exchanges.

XTRD pro: XTRD pro is a feature that was introduced in order to solve the problem of high price spreads when trading. It is implanted with features that will make trading more liquid, secure and also bestow traders the ability to trade within the right pricing structures in the crypto exchanges.

A universal FIX (Financial Information exchange) based API: This feature was introduced to solve the challenges of traders having to go through the tasking process of familiarizing and complying with the requirements of different exchanges.
 
XTRD has different amazing features which you can find in the whitepaper

XTRD is an innovation in the crypto space and will be extremely valued by traders due to its amazing features.

For more information about XTRD, check out the following contacts


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September 11, 2018, 04:32:08 PM
 #2

Liquidity has been an imminent problem with exchanges for a long time, and we have to incur high costs as transaction fees. This project will be surly accepted in the crypto space.

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September 11, 2018, 04:35:23 PM
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Wow this is nice due to the fact that it is decentralized in the first place, it deals with letting traders having to trade in large gives more security on the pricing of goods in the crypto market and traders also dont have to familiarize themselves with the requirement of different exchanges. This makes it so initiative considering all the challenges faced in the crypto market. It sure is the future of the crypto market and it should be developed.
firmino10
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September 11, 2018, 10:56:29 PM
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XTRD serving as a framework or platform for enhancing exchange issues that has occurred in recent times serves as a great blockchain also giving the fact that it is decentralized this serves as a major help in breaking the problems usually faced during exchange.

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September 12, 2018, 09:27:05 PM
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Seems like XTRD is focusing on bringing all the exchanges to a single platform but it hasn't yet been clarified that, which exchanges are likely to have a place in their platform. If they are listing lower rated exchanges on their blockchain then it will be back to square one. People will never find the interest to trade on those exchanges.
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September 13, 2018, 03:02:31 PM
 #6

Wow, this is great news. People face so many problems while exchanging. This XTRD brought the innovative solution to the exchange problems. This will be an user friendly and a decentralized platform for the crypto currency users. Hope, this will be one of the good one.
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September 13, 2018, 10:16:43 PM
 #7

XTRD can bring a revolution in the cryptocurrency trading with single point of Access, Financial Information exchange, XTRD pro. XTRD is the first decentralized platform with the aim of unifying different cryptocurrency exchanges in order to provide traders with amicability.
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September 13, 2018, 10:30:19 PM
 #8

XTRD is offering an innovative solution through its amazing features, which makes it absolute and also a revolution in the cryptocurrency like single point of Access, Financial Information exchange, XTRD pro so it can help us in trading.
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September 13, 2018, 10:42:42 PM
 #9

Since XTRD is declaring as a Unifying Cryptocurrency exchanges and it is the first decentralized platform with the aim of unifying different cryptocurrency exchanges in order to provide traders with user-friendly. So I fell interest in it and will try to use it.
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September 13, 2018, 11:24:03 PM
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It’s a great thing for the crypto market and also good news for the investors also. It’s have good feature also I think secure from other site.
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September 13, 2018, 11:36:08 PM
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It’s a incredible thing for the crypto showcase additionally great news for the speculators too. It’s have great include too I think secure from other location.
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September 13, 2018, 11:47:36 PM
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It’s a extraordinary thing for the crypto advertise additionally great news for the financial specialists too. It’s have great highlight too I think secure from other location.
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September 13, 2018, 11:50:21 PM
 #13

It's a great idea and project if it's truly a decentralized platform or exchange. I like decentralized exchanges and I think we need more of them functional on the cryptocurrency space. But I don't think it's possible for a platform to be 100% decentralized.

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September 14, 2018, 11:43:14 AM
 #14

Most of the crypto user like me having some problem with exchanges. We are facing this a lot of time I have looked for a solution for a long time. Thanks for this article it will be a great help for the exchanger hope this problem will reduce XTRD.
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