Categories: Exchanges

Tradio.io launches crypto-to-crypto exchange

“For the first time, traders will be able to control the layout of their platform, all built on the backbone of the most robust peer to peer exchange available in the market today. The trade.io exchange not only supports trading of assets but supports a more efficient listing of assets in the crypto economy. The launch comes after many months of testing and refining,” the firm says.

The Swiss-based venture explains that the “biggest challenge for any exchange is allowing traders to access quality liquidity. A highly liquid exchange is advantageous for users, as execution is quicker, spreads are tighter and prices are more competitive.”

The liquidity pool “enables trade.io to act as a market maker, ensuring the market acts rationally and is competitive. It’s similar in concept to the market making activity of investment banks and brokers.”

Up to 50% of profits generated as a byproduct of its trading activity will be distributed to participants of the liquidity pool. “The trade.io exchange has been designed to give power back to customers by democratizing and disrupting the financial industry. What we are doing here is recapturing revenue and distributing it back to customers,” says Jim Preissler, CEO of trade.io.

Olivier Acuña

Olivier has been writing for over 30 years. He has been based in six countries working for major news outlets including the Guardian, UPI & AP. He has covered massive earthquakes, presidential elections, immigration, and taken photos standing in the middle of shootouts between drug cartels, gone undercover to investigate organised crime, interviewed presidents, former presidents, heads of international organisations.

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