The world of crypto is increasingly moving towards a larger intersection between the traditional world of finance and that of cryptocurrency.
The crypto industry is gaining momentum again with Bitcoin soaring to new heights. It will likely touch the figures as high as that from the bull run of 2017-2018. With all eyes of the financial world in the crypto market again, we will see intense competition among companies. At the end, we will see a few players emerge out as winners. The battleground is set and is beaming with emerging players to make a move to gain market share. Many companies are aiming for the home run in various sections of the crypto market – exchanges, DeFi protocols, etc, are on the card.
Who will win? That is something that time will tell. But there won’t be any fluke this time. The companies with strong fundamentals and backed by a robust technological platform and a wonderful team will gain an upper hand over their competitors. There will be intense competition among many companies in the crypto market and this particularly stands true for the crypto trading space. Every cryptocurrency enthusiast will agree to a fact that crypto trading platforms hold a prominent position in the global market of cryptocurrencies. Now, whoever holds a dominant position in the crypto trading market will be able to change the crypto industry as a whole.
The cryptocurrency trading space has been quite the same for some time as there hasn’t been much activity on the innovation side. A few players took it upon themselves to innovate and leverage cutting-edge technologies to offer new features to users. There are a few names that come up when we are talking about innovative cryptocurrency trading platforms.
The names that appear commonly on every list are Binance, Liber Ltd, Kraken, Alpari, FXTM, among a few others. These companies are working hard to offer advanced features to their users. These names will compete for the coveted title of being the flagbearer of the crypto world. Let’s explore one of these companies to see how they are working to bring the necessary changes in the crypto industry. Among these crypto trading platforms, Liber Ltd stands a better chance at changing the crypto industry, considering how they have been innovating to stay ahead of their competitors. They provide a wide range of financial instruments to its 500,000+ users and allow them to trade currency pairs, metals, cryptocurrencies, energies, and indices. Let’s explore how Liber Ltd is cementing its position as a company that will change the cryptocurrency space for good.
Changing the Crypto Industry for Good
Have you heard terms such as AI and Big Data? Many companies around the world, including from the blockchain world, are using these terms without any concrete implementation of these technologies. It has led to an impression among the masses that these words are only for promotional purposes. A company that will leverage these technologies, in reality, will reap tremendous benefits. At the same time, they will be able to revolutionize the industry they are in by removing the shackles that are holding the industry hostage.
True to their roots, the premise behind the launch of Liber Ltd, was to provide a trading platform that would combine the facilities of artificial intelligence, big data, and blockchain. A combination of these technologies can enable any company to leave a deep impact on the industry. The AI-driven safety management system has enabled Liber Ltd to detect abnormal trade and initiate automatic and semi-automatic processes to ensure system integrity. When it comes to big data features, Liber Ltd is using it in combination with AI. With a combination of these two new-age technologies, they are able to archive millions of trading data and produce actionable insights and periodic statistical charts.
An isolated Blockchain serves as the storage for this data making it hackerproof and transparent. If these three work synergistically, as they are intended to, Liber has a chance to stand out as a crypto platform that combines the benefits of incisive technology, decentralized operations, and traditional trading knowledge. They have introduced multiple well-defined packages as part of their investment mechanism. The users can pay for these packages through their existing crypto holdings, such as BTC, ETH, and Liber Ltd’s native token libfx.
A wide range of investment options and potential returns help to cover a significant variety of investors with differing investment capabilities. These varieties include investment options ranging from $500 to $50,000 with respective return potential ranging from 8% to 16%. It’s affiliate program rewards investors who bring in new ones with a commission equal to 6% of the package value. Whether having such a wide range would prove a successful strategy to become more inclusive or it would drive the bulk of investors towards low investment options is only time will tell.
Token Aimed at Expanding the Horizon of Online Trading
Built on top of the Ethereum platform in accordance with the ERC 20 standards, Libfx tokens are not only a tool for raising funds. It offers a robust example to the crypto industry on how tokens can serve multiple purposes. Libfx tokens act simultaneously as a payment medium, a mobilization incentive, and as a right or claim. One can use it to make payments on the trading floor. As a mobilization incentive, charging by libfx tokens is matched with special promotion programs. Finally, the owners of the token enjoy exclusive rights to Liber Ltd’s stocks scheduled to be listed on the New York Stock Exchange in 2025. The total supply of libfx tokens is 35,000,000.
Apart from offering utility and future value, crypto tokens should expand their coverage by forming partnerships with exchanges and platforms. In September, Libfx token listed itself on Imtoken as well as in Etherscan.io.
The world of crypto is increasingly moving towards a larger intersection between the traditional world of finance and that of cryptocurrency. Bringing in conventional tools of finance for crypto investors without them having to leave the blockchain environment is the focus. Which of the crypto trading platforms would be capable of bridging these two separate worlds successfully is only for the future to tell, but innovative companies like Liber Ltd, Binance, among other big names, are here for the long run.
Disclaimer: The opinions and views expressed in this article are solely those of the author and are not necessarily shared by Coinspeaker. We recommend you conduct the necessary research on your own before any investment and trading move.
Founder and editor at BTC PEERS. Andrey writes about financial experiments, DeFi, cryptocurrency, and blockchain.