Advancement in latest blockchain technology is dragging many people to shift their financial systems from traditional fiat-based to blockchain system. Market cap of Cryptocurrency, which is based on blockchain technology, has jumped to a staggering 110B USD by July 2017 as against 7B USD in January 2017.
Further, trading volume for cryptocurrency has surpassed that for stock trading in August 2017. Cryptocurrency exchanges existing today are unable to meet the requirement for modern day trading. Modern exchanges that can fulfill this gap are required with trading fees as low as zero. Loandex is one such exchange platform offering to trade in multiple cryptocurrencies in the new era of the blockchain. First product offered by Loandex is a unique high-frequency trading exchange for cryptocurrency at zero trading fees which solve the current problems of existing exchanges. It facilitates spot and margin trading with zero fees thus maximizing the traders’ profit and liquidity in the market.
In fact, Loandex is having cryptocurrency of its own named LDX token which can be used to trade on the exchange without any commission saving the high transaction cost for each trade.