For a market that is barely 10 years old, Blockchain platforms and the Cryptocurrency finance ecosystem have witnessed a spate of rapid advancements that have drastically changed conventional finance and threatened the existence of the traditional money controllers.
Since the Bitcoin wave hit in 2009, an unlimited number of Fintech projects have been disrupting financial services, effectively exploring numerous methods of applying the Blockchain and triggering a colossal number of innovations that could only be imagined in the past.
Cryptocurrency trading is a trend that has quickly caught on with billions of enthusiasts as the Blockchain has greatly decentralized access to wealth. The daily trading volume over the years has shot up into billions and the market capitalization of digital assets is experiencing monumental growth.
Despite the unprecedented growth spurt of the cryptocurrency asset class, it is still only a fraction of other existing asset classes such as stocks, foreign exchange and real estate, which have daily valuations recorded in tens and hundreds of trillions of dollars.
CHALLENGES OF THE CRYPTO ECONOMY
The Crypto-economy however is marked with a number of limitations that have left it alienated from the traditional financial system.
There exists a huge disconnect between the budding crypto economy and the traditional financial system that has segregated crypto investors from fluidly moving funds between these different markets. This inability to cross over in a time-sensitive manner increases the tendencies for loss as well as incurring exorbitant charges from intermediary banks and institutions.
There is a marked shortage of digital exchanges where users can seamlessly liquidate and trade a vast number of financial assets.
People still have a very limited understanding of the Blockchain and its innumerable advantages and would not invest in a system they do not trust or understand.
Now more than ever there is a need for a fully functional ecosystem that can provide a direct link between diverse markets and smooth cross over into and out of various financial asset classes.
Hydra X has responded to this need by building Sigma, an all-inclusive ecosystem that stands as a much needed bridge, effortlessly linking cryptocurrency investors to traditional assets.
EXPERIENCE SIGMA
The innovative Sigma platform gives Crypto holders access to a diversified investment portfolio that transcends cryptocurrencies into the global capital markets, trading stocks, bonds, Forex and majority of other financial instruments all within an all-encompassing well-integrated assets exchange.
Sigma’s high performance, intuitive interface is a hub where users can link their various traditional market and cryptocurrency exchange accounts and have unfettered access to any asset class they choose to invest in.
The biggest advantage Sigma offers is being able to purchase stocks, precious metals and many more with cryptocurrency assets without having to pay exorbitant charges converting to fiat first. The Sigma platform on launch, can be linked to over 10 of the biggest Cryptocurrency exchanges, which is an astonishing feat on its own.
Ultimately, every investor will have all the instruments of their choice as Sigma will implement the integration of various traditional market accounts in the nearest future.
WHY YOU SHOULD CARE ABOUT SIGMA
Sigma’s next-generation financial platform leverages the Blockchain to provide truly unique features that give all traders and investors an edge on the platform. Some of these features are:
HIGH PERFORMANCE TRADING TOOLS
Digital assets investment is deemed extremely risky as there is a wealth of knowledge required to truly enjoy the huge profits that the market has to offer as well as navigate the volatile trends that have become regular occurrences and simply inevitable.
The Hydra X team understands that as a trader or an investor if you must remain competitive then access to high-end tools and resources is of paramount importance.
Sigma’s premium suite of tools and services include data based alerts, analytical tools, real time news updates, and even technical charts for carrying out technical analysis amongst many others.
SOCIAL TRADING
To profit from an investment vehicle you must first understand how it works. New entrants today are faced with numerous difficulties, inability to understand the intricacies of the Blockchain technology, all combined with no means to simplify the learning curve and quite a number of newbies have recorded tons of losses owing to these challenges.
Social trading has become one the most effective methods of on-boarding newbies into cryptocurrency investments as it allows networking between novice and advanced traders and gives them the chance of learning from them.
The social trading functionality can easily be accessed on Sigma, as users will be able to track, discuss and implement the trading strategies of various professional traders.
Therefore, users on Sigma who are ill-equipped to make investment decisions on their own need only mimic the experts’ trades and still benefit just as much as the expert would, thereby encouraging massive influx of new investors into crypto-finance.
OTHER FEATURES
Having all exchange accounts linked through their APIs on Sigma, means users can initiate swift inter-exchange transfers all within the same interface without the need for multiple account logins.
Sigma users have a clear estimate of their investment portfolios across different asset classes updated in real-time.
Sigma makes trading cost-efficient as all extravagant charges incurred from using middlemen is cut off completely. So users can initiate cross-market trades anytime, anywhere with minimal costs. This also ensures users can hedge themselves from crypto market dips by quickly entering any traditional market of their choice and freely switching back without going through lengthy procedures.
IN CONCLUSION……… AND LOOKING TO THE FUTURE
I have come to believe that true financial democracy is achievable and the Singapore based Hydra X team behind Sigma are committed to turning this vision into a reality as they have recorded a host of impressive milestones overs the past few months.
Sigma by Hydra X has secured high profile partnerships with companies such as Alpha Vantage, Seed CX, and CEZEX along with a whole lot more which are still in the works.
Going by the looks of the currently running Beta version of the platform, which can be accessed here: https://webtrader.hydrax.io features such as exchange account integration, the live market news updates and all others are already functioning at an impressive speed.
With this level of development at such an early stage, we are keenly expectant of the next moves in store for Sigma
I believe that a platform such as Sigma is the key to fast tracking the establishment of cryptocurrency as a long-term sustainable asset class.
Keep up with the latest news about Sigma on the official Hydra X social channels
Hydra X website : https://www.hydrax.io/
Sigma sign up page : https://webtrader.hydrax.io
Hydra X blog: https://www.hydrax.io/blog
Telegram: https://t.me/HydraXOfficial
Facebook: https://www.facebook.com/HydraX.io/
Twitter: https://twitter.com/Hydrax_io
Linkedin: https://www.linkedin.com/company/hydra-x/
Author's Bitcointalk username: Cryptovixen192
Author's Hydra X account email address: [email protected]