Interdax Aims to Take Crypto Derivatives to a Whole New Level

[Ozark]

The Interdax team is building one of the fastest cryptocurrency exchanges focused on derivatives.

Interdax, an exchange dealing in cryptocurrency derivatives such as perpetual swaps and futures, will offer 100x leverage and unprecedented transaction speeds. The project has been under development for 18 months and has entered the final stage - the company is ready to take it from stealth mode and present it to the public.

Why Interdax stands out

The dream team

This is an engineering-driven company with a strong team of experts hailing from successful crypto projects and global financial institutions. The team members have experience in creating major trading ecosystems with an aggregate annual turnaround in the trillions of dollars.

Proprietary smart technology

The Interdax solution is built from scratch on C++ by professionals with over 200 years of combined experience in creating trading platforms for major financial industry players. The engine is optimized for the specific requirements of cryptocurrency trading and can handle over 300,000 transactions per second, which is unparalleled both in the crypto space and traditional finance. The platform uses the unique KDB+/q - a high-frequency trading technology favored by elite financial companies - to calculate risks in a smart way.

Trading battles

Interdax introduces the revolutionary idea of trading battles, where the participants will try to earn more than their opponents during a fixed period. Once the contest ends, the person with the highest balance wins. What is more, traders are invited to create their own battles and set their own terms. Such campaigns will become public and earn the creator a 1% commission from the total wager amount once the battle is launched.

This initiative will introduce a layer of fun and excitement into the cryptocurrency trading market. Users will be able to show their expertise and see how they compare against their peers.

Airdrop

To thank early platform adopters and promote community growth, Interdax has announced a $100,000 referral competition ahead of the February test net launch. All members signing up for the referral program with their email will receive a unique URL they can share with friends, earning points for each sign-up through the referral link. There will be a prize for the 10,000 people with the highest number of points.

1st place - 10 BTC and 1 million IDAX

2nd to 10th place - 1 BTC and 100,000 IDAX

11th to 100th place - 0.1 BTC and 10,000 IDAX

101st to 7,000th place - 1,000 IDAX

7,001st to 10,000th place - 100 IDAX

Interdax ICO details

Interdax prefers not to take investors’ money before it has delivered a functional product that can be tested and reviewed by the community. For this reason, the company aims to initiate an ICO in February, a few weeks after the testnet launch. The crowdsale will be carried out in two stages: pre-sale and public sale. To participate in the pre-sale, investors should sign up for whitelisting, while the public sale stage will be open to everyone wishing to buy IDAX tokens before they hit the spot market.

The token will serve in payment for fees and participation in the trading battles. Three different fee structures based on IDAX ownership levels and lucrative battle prizes will create strong demand for IDAX tokens and ensure solid liquidity for IDAX/BTC.

If you are interested in the project, visit the official website to learn more or subscribe to Telegram and Twitter to get notified about upcoming airdrops and promotions.

SOURCE