Industry NewsJuly 01, 2018

trade.io Partners With FXPRIMUS Ahead of Cryptocurrency Exchange Launch

trade.io Btrade.io, a company that aims to bridge the expertise and structure of traditional banking systems with the newest and most innovative products using blockchain technologies, will be launching its cryptocurrency exchange on July 17, 2018, according to Chief Executive Officer Jim Pressler.
Pressler announced the move during his keynote speech at Bloomberg’s first ever cryptocurrency event, in London. The executive further explained that the company will offer commission-free trading to registrants for the first month of launch. The much-anticipated news will be later followed by the introduction of trade.io‘s Liquidity Pool.

Jim Preissler, Chief Executive Officer of trade.io, commented:

“We are thrilled to announce the launch of our trade.io Exchange. The community has been eagerly waiting, so it gives me great pleasure to announce that we will finally launch on 17th July. It will be a staggered launch to 1,000 people initially, with future clients to be on-boarded in the days to follow. Following the BETA version of our Exchange where select members tested the platform, we are confident that we will satisfy the specifications stipulated to us by our community, and look forward to sharing in the successes of our upcoming official Exchange.”

FXPRIMUSDays before the launch, the cryptocurrency exchange will contact the first thousand users to enjoy the exclusive experience.
The platform offers a multi-layered protection for users to sign in to the platform, proprietary algorithms for the sake of ensuring security to the exchange funds, bank-level security monitoring systems.
trade.io is the first cryptocurrency exchange to officially partner with regulated foreign exchange and CFD brokers. In early June 2018, the firm announced a partnership with CySEC-regulated broker FXPRIMUS.
Jim Preissler commented on the partnership with FXPRIMUS: “One of our many initiatives is to continue to bring utility to TIO.  By offering it as a method of deposit to such an industry leader as FXPRIMUS, will allow TIO Holders to experience the excitement of FX & CFD trading.  This development also has the potential to significantly increase the size of the TIO community, as we’re exposing TIO to an entirely different asset class.”

Constantinos Kappai, CEO of PRIMUS Group,  commented: “Our motto and driving force at FXPRIMUS has always been to provide one of the safest trading environments for traders worldwide. With this new integration, our wish is to extend our stable and secure trading environment into a relatively untapped resource, the crypto world.”

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