The revolution is on! A new era for Crypto Markets- INGOT COIN

The revolution is on! A new era for Crypto Markets- INGOT COIN

May 25, 2018 Off By Sydney Ifergan

Much has been made of all the ways blockchain and cryptocurrencies can potentially displace existing infrastructure. For all the ways it can’t—and there are many—INGOT is leading the way in integrating the cutting edge technology with traditional assets, laying the foundation for blockchain implementations on a global scale.

INGOT Coin sees unique market opportunities arising from the need to bridge conventional financial markets and cryptocurrencies, and to provide ready liquidity for crypto investors. We understand the limitations of the traditional financial markets and their tough regulatory requirements, while also recognizing that the crypto world lacks basic regulations needed to avoid outright fraud. We are addressing the following problems: – Lack of trading terminals with simultaneous access to financial and cryptocurrency markets. Crypto investors cannot trade conventional financial assets for cryptocurrencies unless registered at multiple trading platforms and being subject to transaction and deposit fees on each. – Lack of familiar investment instruments and ready liquidity in crypto markets. Investors either face high volatility of individual cryptocurrencies or have a choice of investing into a variety of even more volatile digital tokens, issued by startups that may cease to operate at any moment. – Disconnect between traditional and cryptocurrency markets prevents easy movements of capital between asset classes and trading the difference in pricing of similar asset classes.

Direct exchange of digital assets for conventional financial instruments is not possible at all at this time. – Insufficient legal, compliance and security framework for crypto investments. We appreciate the promise of shared and distributed economy but have to conclude that without proper legal structure and consistent regulatory compliance, any type of an investment would become risky and unduly volatile. – Lack of retail investment instruments. Financial markets generally have higher limits for retail investment, which provided a boost for the crowdfunding markets.

A new era for Crypto Markets – INGOT Coin

The IC Ecosystem will contribute round the clock support, services and linkage between markets, supplying the industry’s fastest and safest entry and exit mechanism for both sides, leading to making reallocation and trading techniques as efficient as possible, without being hindered by the time and cost associated with the previously segregated markets. The IC Ecosystem expedite tutelary and brokerage services that will encompass all traditional financial instrument functions needed. Linking multi-signature and cold storage IC Wallets with the fully-fledged IC Exchange in addition to linking the IC Brokerage to both components will allow clients to safely trade in crypto and alter to the traditional market freely then easily expand or liquidate their investments through the IC Bank.

INGOT Coin will present a platform that meets the needs of beginner as well as advanced traders to trade with minimal initial capital. IC will also provide its own cryptocurrency, which will be available on different exchanges for all investors and market participants to purchase. IC will show no bias towards any market participants and will provide fair and equal opportunities to all participants regardless of size of trade, type of order or initial capital.

Know your customer (KYC) refers to due diligence activities that financial institutions and other regulated companies must perform to ascertain relevant information from their clients for the purpose of doing business with them. The term is also used to refer to the bank regulation which governs these activities. Know Your Customer processes are also employed by companies of all sizes for the purpose of ensuring their proposed agents’, consultants’ or distributors’ anti-bribery compliance. Banks, insurers and export credit agencies are increasingly demanding that customers provide detailed anti-corruption due diligence information, to verify their probity and integrity.Standing for “Anti-money Laundering”, it is a set of procedures, laws or regulations designed to stop the practice of generating income through illegal actions. In most cases money launderers hide their actions through a series of steps that make it look like money coming from illegal or unethical sources was earned legitimately. 

ingotcoin

The KYC and AML compliance may seem strict to some investors however, this is a necessary procedure to ensure the safety of the Ecosystem and all stakeholders. This is done to make the Ecosystem trustworthy, secure, transparent and compliant; consequently, filling the Ecosystem’s singular KYC allows participants to open one account in the IC Digital Bank, the IC Exchange, the IC Brokerage, and the IC wallet simultaneously to trade crypto, fiat, and traditional instruments hereon after.

IC will build trading direct, cost efficient, less timely and more available round the clock by using distributed technologies and discarding the issues brought by 3rd party intermediaries and banks such as high fees, unavailability, and time consumption. Crypto traders and holders will have a pathway to freely enter and exit different markets in a single place. Crypto traders and holders will no longer fear bear markets as they could crossover to other markets such as stocks or commodities and mitigate their risk immediately.

About INGOT

As a veteran player in the global financial market, INGOT has provided varieties of financial products and services for the market, including; ETFs, commodities, energies, metals,  international shares and indices, and currencies.

Visit the INGOT Website: https://www.ingotcoin.io/

Read the INGOT Whitepaper: https://www.ingotcoin.io/documents/en/white-paper.pdf

Official INGOT Telegram: https://t.me/INGOTCoin

Connect to INGOT on Facebook: https://www.facebook.com/ICOINGOT/

Follow INGOT on Twitter: https://twitter.com/ICOINGOT

Read the INGOT Medium: https://www.linkedin.com/company/ingotcoin/

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