Trade.io, a company located in Switzerland and that works with blockchain technology, has decided to provide information about its FX Trading platform. The main intention is to launch it in two different phases starting from the next week, before 2019.
Exactly on December 27, Trade.io will be introducing trading activities that include 130 forex and CFDs instruments. This includes precious metals, oil, commodities and many others such as global equities.
This shows that it is possible for companies in the crypto space to keep growing and moving ahead with new proposals.
The firm will provide FX trading services using cryptocurrencies as a base currency to interested users. Some of the coins available will be Bitcoin (BTC) and Ethereum (ETH). the virtual currency created by the firm, TIOx, will also be available for the FX platform. TIOx users will be receiving a discount on the commission every time they trade.
The second phase will be launched in February 2019. Users will also be able to open their accounts with TIO Markets UK Ltd. The company informs that users will also have the possibility to exchange fiat for virtual currencies.
The intention is to increase the number of users by allowing fiat deposits using bank wire, credit or debit card and other payment processors. The new phase will include new affiliate programs and revenue sharing schemes.
William Heyn has been appointed as a new CEO of the platform. He replaced the outgoing chief Jim Preissler.