Premium Trade, found online at Premiumtrade.info, is an open investment fund available for investors of any level. Find out how it works today in our Premium Trade review.
What Is Premium Trade?
Premium Trade describes itself as “a new diversified platform” for creating open investment funds. The platform was created by an Israel-based company. They’re preparing to launch the platform in January 2018.
The Premium Trade pre-ICO began on September 18. During the ICO, investors can purchase Stokens, which represent a share of the company.
Obviously, there are a huge variety of investment funds available to the cryptocurrency world today. What’s the difference between Premium Trade and other funds? Here’s how the company describes it:
“Unlike traditional closed-end investment funds that issue a fixed number of tokens, Premium Trade is going to continue, accepting, crypto-currency for its new start-ups and projects.”
The currency is supported by “constant development”. New projects are added every year to constantly raise the cost of tokens. As more projects are added to the platform, more tokens will be available for sale.
In more straightforward terms, Premium Trade wants to help investors capitalize on the rise of startup markets without dealing with hurdles, risks, and technical barriers associated with owning, transferring, and trading shares, cryptocurrencies, and tokens. Today, participating in ICOs is a great way for investors to earn a return from companies they believe in; however, participating in ICOs can be difficult between all the withdrawals, transfers, deposits, and other steps. These are problems that Premium Trade seeks to solve.
Let’s take a closer look at how Premium Trade plans to solve these problems.
How Does Premium Trade Work?
Premium Trade uses the Ethereum blockchain and blockchain audit technology to offer full transparency to investors. Unlike a closed-end fund, which issues a fixed number of tokens that aren’t redeemable from the fund, Premium Trade issues tokens built on a profit-sharing smart contract in accordance with a quantity of new startups.
Premium Trade’s Israeli-based management team is seeking to diversify funds across real-sector startups and trading platforms. The whitepaper explains that, “We are always near the first information about rounds provided by the most famous in the world crowdfunding platforms, fund owners, etc.”
50% of profits will be used to grow the company’s funds, while the other 50% will be distributed among smart contract owners.
The company expects to provide about 500% ROI per year, “but we ask our investors to be patient”, and they claim it may take some time before these returns are realized.
The value of Premium Trade tokens – called “Stokens” – comes from the real economy. Stokens are issued based on real economic development. That economic development is linked to the number of startups in the ecosystem.
One key part of the Premium Trade ecosystem is the CryptoControl (CC) platform, which provides monitoring tools to investors. Investors can use these monitoring tools – regardless of their Stoken ownership – to easily validate trading history and portfolio balances.
The Premium Trade ICO
The Premium Trade pre-ICO is taking place throughout September and October, during which investors can purchase Premium Trade tokens (Stokens) at a discount of up to 60% (on day 1).
The main ICO, meanwhile, will offer discounts of 3 to 5% during the first week before dropping the price to the normal rate of 1 STN = 1 USD.
The pre-ICO and ICO are both available to all types of investors. No professional designation is required.
Who’s Behind Premium Trade?
Premium Trade is led by Idan Cohen (Founder and CEO), an entrepreneur who has previously founded companies in Russia and Czech Republic. He has also worked for Allianz, the world’s largest insurance company.
Other key team members, meanwhile, include Ram Rosenfeld (Lead Blockchain Developer), Shmuel Wiseman (Chief Marketing Officer), Andrew Ravitsky (Co-Founder), and Diana Zahavi (Data Analyst).
The company is planning to launch its platform in January 2018. They’re based in Tel Aviv, Israel.
Premium Trade Benefits
Obviously, there are a number of platforms that allow you to diversify your funds across the cryptocurrency industry or invest in different startups. What makes Premium Trade unique? Here are some of the ways in which Premium Trade seeks to attract customers:
Premium Trade removes the need for investors of dealing with bitcoin wallet registration, exchange platforms, and other annoyances of participating in ICOs. Premium Trade promise to “settle all the matters” regarding ICO investments.
Premium Trade uses “unique algorithms” that “will instantly handle any operations with cryptocurrencies” so users can be sure “that the most current exchange rates will be taken into account that maximizes profit.”
Easy To Use:
Premium Trade is designed with beginner investors in mind. Even if you’ve never participated in cryptocurrencies, you can use Premium Trade to invest in ICOs.
Premium Trade Conclusion
Ultimately, it’s a little hard to figure out the details of Premium Trade’s platform. The company has a whitepaper and a detailed website, although neither have very clear English translations. Basically, the goal of Premium Trade is to create an open investment fund available to all levels of investors. That investment fund will attract new projects and ICOs. Investors can buy tokens representing shares in the company to participate in ICOs in an easier way.
The Premium Trade pre-ICO and ICO are taking place throughout the end of September and into October. You can learn more about the company online today at PremiumTrade.info.