Trading can otherwise be called exchanging and simply means the trading or exchanging of goods and services or products from one particular individual to another individual with the sole purpose of getting money at the end of the exchange process or getting an asset equivalent to the value of the product been exchanged. But in this context, the emphasis are laid on the exchange of cryptocurrency. Cryptocurrency is a digital form of money which can also be called digital assets or digital form of money. While exchanging cryptocurrencies, two products are likely to be the potential end products which is to say that it is either the cryptocurrency is been exchanged to get fiat currency in return or it is been exchanged to get another form of digital asset in return. But for all these to happen having the essential models or tools are key factors and without them nothing will happen. These tools ranges from: proper knowledge of trading cryptocurrencies, proper exchange that allows or incorporates the particular asset to be sold etc. Cryptocurrency was developed using blockchain technology system to create a new means of transacting whereby third party agents are eliminated and from there, it has grown tremendously. Exchanging cryptocurrency thrives on the basis of peer to peer which ensures that any form of transactions are done directly between the two parties. But nevertheless, exchanging of cryptocurrencies are faced with several setbacks which considerably involves the platform's that facilitates the exchanging process.
Some platforms do not allow or have models that facilitates the exchange of some cryptocurrencies and thus making users or traders to seek for the platform's that allows the trading of such asset and also in the same process, they might encounter some hitches such as rules which are set or put in place by the platforms such as some platforms may require that traders do some form of Know Your Customer process as well as other processes which the traders may not find interesting thus leading to issues of fragmentation which is the core issue faced in the current trading system. And a platform is on the verge of eliminating this issue and the platform goes by the name of HydraX. But the HydraX will incorporate the Sigma project into it's platform which will help it acheive all it's targets.
HYDRAX
This is a platform that aims to solve the issue of fragmentation which is been faced by users in the current crypto-trading system and to solve this, the platform aims to launch the sigma project. Hydrax focuses to build a platform that will be linked to multiple platforms, consistent, accessible and also possess certain benefits that will be beneficial to its users.
SIGMA
This is a project that will be launched by the hydrax platform. It will serve as the gateway that will usher clients to the platform by granting them the access they need and it will also merge with numerous exchange platforms to deliver only the best in terms of essential tools and models for trading cryptocurrencies to its users.
The sigma project will:
I. Provide a programming interface that will offer users low dormancy as quick as possible through the API gateway.
II. Provide proper security through the use of AMS (account management system).
III. A portfolio aggregator.
IV. Provide proper processing, aggregation as well as execution of transaction orders through the use of OMS( order management system).
FOR MORE INFORMATION ABOUT THE HYDRA X PLATFORM
Join the Telegram Group: https://t.me/HydraXOfficial
Follow on Facebook: https://www.facebook.com/HydraX.io/
Sign Up: https://webtrader.hydrax.io/
Follow on Twitter: https://twitter.com/Hydrax_io
Website: https://www.hydrax.io/
Sigma account email address: [email protected]
Writer’s Bitcointalk Username: Aakay
Writer’s Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=2351546
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