Trading Cryptocurrency, forex, equities and commodities is fun but can be super frustrating because of the activities of trading platforms and brokers. A lot of traders have gone bankrupt because of the ill activities of most brokers and unnecessary charges from trading platforms. I heard a story some time ago about a guy who lost a fortune from trading due to spreads allocated by a broker to a particular currency pair. The young man was basically into scalping. He got into the trade with a lot size of 2 without realizing that the spread was about 100 pips. The trade was going in his direction with about 92pips before it went against him with over 1000 pips in a split second due to USD news on unemployment rate. He lost virtually all he had not because his analysis was actually wrong; remember he was already 92 pips clear which was not bad for a scalper but he was not in the money due to the unnecessary large spread from the broker.
Many people now believe that trading of cryptocurrency, forex, equity and commodity is scam because of the kind of loss they have experienced. It is very difficult to see a trading platform and a broker that is transparent or delivers equality for all market participants after going through the whitepaper of THINKCOIN I can boldly say that traders have every reason to be happy because all the above highlighted challenges have been solved by the THINKCOIN platform. Let’s critically look at what the THINKCOIN platform is all about and how they plan to give traders a new and better experience.
THINKCOIN is a platform designed to create a cutting-edge peer-to-peer trading network that will disrupt and democratize trading; it is designed to be the most transparent trading platform. This will be called TradeConnect. On this platform, individuals and institutions can trade directly with one another on a balanced playing field with lower costs for everybody which means that the activities of brokers won’t be needed. Also, the blockchain technology which is known to be the most disruptive technology on earth will be used to settle trades automatically, with recording and execution conducted off-chain to deliver the fastest service possible.
On the THINKCOIN platform, unnecessary spread will not be seen and there will be no room for unnecessary charges. Long term, day traders and scalpers can now trade with confidence knowing that they are in control of their assets due to the transparency of the THINKCOIN platform. THINKCOIN platform will shield its users (like the young man I told his story earlier) from potential losses. I think I am now ready to go back to trading because I have been waiting for a platform like this too. It’s time to make real money from trading.
In order to design and develop this network, THINKCOIN team has decided to launch an ICO for THINKCOIN token which will underpin trading on the THINKCOIN network.
The hardcap of THINKCOIN token is 30,000,000 USD and the ICO will be on till the 30th of April 2018. So hurry up while the offer lasts. Let’s make this project a reality in turn making the life of traders better.
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