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LucidExchange

Powering the derivatives markets with blockchain

LucidExchange powers the derivatives markets with blockchain technology and allows you to trade futures and options on: commodities, currencies, and equities using the native TradeX token.

3.0
3 2 expert ratings
Benchy 2.8
KYC
Experts
3.6
3.6
3.1
Review: coming soon PRO
Unknown
Token
TRDx
Type
Price
1 TRDx = 6 USD
Bonus
Available
Platform
Accepting
BTC, ETH, LTC
Country
USA
Visit ICO website
Report
Changelly

About LucidExchange

In the winter of 2016, we set out on a mission to transform the trading industry. Our goal is to become a leading beacon in the new Internet of Money world, using blockchain technology to create a fair distribution of risk. After months of research, meetings, development and legal work, we are proud to introduce the Lucid Foundation and the LucidExchange trading platform.

Lucid’s mission is to develop a blockchain-based, open source protocol that will power trading platforms in the US and around the globe. A true peer-to-peer trading protocol, embedded with a full suite of risk-assessment mechanisms, that will be completely autonomous and impregnable – a trader-focused alternative to today’s highly centralized capital market systems.

The Lucid protocol will create unique distributed ledgers for each asset sold. It will convert the terms of each trade into self-executing smart contracts and automatically maintain risk and margin requirements, allowing for cost-free, instantaneous settlements, and full transparency.

TradeX (TRD) , Lucid’s cryptocurrency, will power the ecosystem, incentivize worldwide participation of developers and users, and will ultimately be the native token for any DApp that will use the foundation’s protocol.

LucidExchange, is the first DApp commodities and securities exchange platform to deploy Lucid’s protocol. LucidExchange trading platform will allow individuals to trade in a wide range of asset classes. LucidExchange is seeking registration with the U.S. Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC).

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