January 18: In a palpably thriving industry where projects are launched by the hour, introducing a new cryptocurrency exchange seems like a non-event. When examining the company’s various benefits, CIFDAQ looks like an intriguing challenger to well-established players. At CIFDAQ, a comprehensive range of products and services will be up for offer, and the bouquet of services does lend it a look of solidity.
However, what stands out is a range of one-of-a-kind range and services that have yet to be made accessible to traders worldwide. Amid the chaos, White Hole Vaporization and Swaps, Trading Triplets, and Synthetic Assets stand out. Mix-Breed Assets is another name for them. The range of its skills and products lend CIFDAQ a cloak of formidability.
Himanshu Maradiya, Founder and CEO of CIFDAQ, expressed his thoughts, “The goal of CIFDAQ is to create an exchange that is a highly safe and bankable cryptocurrency exchange where users may meet and trade their favourite assets like Mix-Breed, Synthetic Assets, and hitherto surreal trading options.”
Traders who desire to trade many asset classes from a single platform may find it to be their preferred ‘go-to’ platform. The items and services on the platform are expected to make it a serious threat to present Exchanges. Its goal is to reach out to the 2.5 billion people and give them equal access to a trading platform that has holistic offerings.
Binance has become the first cryptocurrency exchange valued at $100 billion or more in under four years, while Coinbase is valued at $45 billion. As a result, the bitcoin exchange market is a highly profitable business. By 2023, the cryptocurrency sector is anticipated to be worth $10 trillion. Bitcoin has already eclipsed both gold and the US currency in terms of speed to a trillion-dollar valuation, thanks to its latest surge to just under $1.2 trillion.
CIFDAQ, the rapidly growing company, is going to offer 21 assets for trading, namely BTC, ETH, LTC, XRP, MATIC, SHIB, SAND, ADA, ATOM, DOT, ALGO, BNB, USDT, SOL, LUNA, DOGE, LINK, TRX, MANA, FTM, EGLD.
When asked about CIFDAQ’s native currency, Himanshu Maradiya said, “Of course, the native cryptocurrency will be called CIFD, and any clients who desire to use it as their native currency will be able to earn in a variety of ways. Furthermore, CIFD will be the first utility token with a micro and macro ecosystem, making it the first utility token of its type. Because of its use, it’s feasible that CIFD may become wealth storage.”
The exchange’s initial module, which comprises Spot, Perpetual Contracts, Margin Trading, P2P, Futures, and Trading Bots, will be launched in the first quarter of 2022. The Minimum Viable Product is being launched on 17th of January for Pre-Registration that will give early on boarders a free subscription to its Trading Bots for 180 days, and it carries a gift value of $1000. Trading will be thrown open from 28th January 2022.
Divya Agarwal
