The idea of trading in cryptocurrency is hardly new, and a huge number of people are doing this on a daily basis, but if there is something that can make the entire process that bit easier, then you can see why it would be attractive. Tradelize claims that it can do this kind of thing even though at one point they do pretty much align themselves with the idea of helping the professional who is serious about trading rather than the individual who is merely dabbling in it.
What they are offering individuals are a series of tools that are specifically designed to help you when it comes to trading in cryptocurrencies. They also state that the assistance they can give to individuals will be very useful for those individuals that even want to just get started with trading.
They hope that people will be able to feel more confident in the trades that they make as well as being able to take the correct decisions from the outset which should, hopefully, lead to better profits. Also, they believe that their tools and general approach can result in smarter investments being made as well which will lead to better profits over a shorter period of time.
The new ecosystem is built on the Ethereum platform with the coin also being produced in line with other ERC-20 tokens. To use their system, you might want to download their app to your smartphone and after registering, you are then given an interface that comes complete with various tools that can be used for trading.
They are also producing something called the Tradelize Terminal. This is going to be an interface with direct access to the market, and it will work with the various major cryptocurrency exchanges. They note that the interface was designed by actual traders, so there is a sense that it should be in a kind of design that works well.
The new project will also allow those that are relatively new to trading in cryptocurrencies to follow the path of the more experienced, and successful, traders that are on the platform. They do this by the traders putting their strategies on the platform so they can be observed by others but then it is difficult to know in advance how popular this particular approach is going to be.
Overall, the technical side of things is not that difficult to follow. You log onto the platform, you view the statistics on the different exchanges, make use of the tools that can reduce the risk associated with your trading, and you then hopefully wait for the profit to come rolling in.
There are several advantages associated with the platform that are worth mentioning at this point. First, the fact that the interface was designed by traders is a huge bonus as that should iron out some of the common things that are viewed as being quite annoying and difficult for them to handle. Next, linking into the main exchanges will also make life easier no matter if you are new or experienced at dealing with all of this.
The tools are also a positive, but how often you use them is going to be debatable. However, the very fact that they are there does at least give you that option.
When it comes to the ICO, then we see that this project is able to accept ETH, BTC and several Fiat currencies, so there are a number of options out there to choose from. There is a minimum investment required in order to take part in the ICO, and this has been set at $100. However, if you are in the United States, then you will not be allowed to take part in the ICO, but that is nothing unusual.
The company has not mentioned a soft cap, but there is a hard cap in place which has been set at $30 million. There is also an exchange rate in place for the ICO, and this has been set at 1 TDZ for $1, which does seem quite high compared to the absolute vast majority of other projects out there.
From an investment point of view for the project, then this is one of those where you need to really spend some time thinking about it all as it is perhaps not an obvious project to potentially throw money at. This is strange when you consider it is all about investing
The team behind the platform seem to have a lot of experience with trading crypto so that should show confidence in what they are doing, but on the flip side there is no such thing as a guarantee with this type of industry.
Overall, the idea is not new, as there are a number of other similar investment type projects out there, but if the new platform is able to perform aswell as they claim then they have a good chance of dominating the market.
