Stock exchange, foreign exchange, and others are market systems which are part of the cogent segments of the world trading system. Every growing economy cannot do away with these. These trading systems are called Financial Trading.
Financial trading is the process of buying and selling various financial instruments such as forex, assets, shares, etc, with the aim of making profit. This trading from onset is being done traditionally from hand to hand, but the development of technology has created the possibility for online financial trading. This appears to be more efficient than the traditional method. Morgan Stanley, Deutsche bank, etc, are examples of platforms involved in this system of trading.
However, despite the invention of technology in the trading system, different problems have been flooding the marketplace. Instances of these challenges are: improper use of client funds, lack of transparency and trust, accessibility has been restricted to only certain individuals, just to mention few. The need for the eradication of these challenges is what has brought about the creation of LEVEL 01.
Level01 is the blockchain based technology developed to perform the resolution of the financial trading marketplace. It is a platform integrated with various blockchain capabilities, and is set to incorporate those capabilities into the Financial trading system.
FUNCTIONALITIES OF LEVEL01
Through the blockchain technology, Level01 operates as a platform for efficient trading and exchange experiences, making it possible to transact on a decentralized system with maximum transparency and trust. It comprises of both the buyers and sellers without any form of intermediary or brokerages, with each of them being able to monitor their transactions; since it will all be on a peer - to- peer system. The platform also make use of a newly formulated and efficient algorithm called Fairsense algorithm which helps in matchmaking investors.
SPECIAL FEATURES OF LEVEL01
➢ TRIAL TRADING: the platform allow users to make use of a demo trading scenario, giving them the opportunity go check and improve their trading abilities without wasting away any real token.
➢ TRANSPARENT TRADING: transaction records including assets pricing and other important ones ate made available at the reach of the cotresponding investors without any form of illicit secrecy. This also give room to auditing and verification at any time.
➢ AI BASED DYNAMIC AND FAIR PRICING: this assist investors, both novice and professionals in gathering useful trading information from the global markets, in order to have better trading experiences.
➢ APP WALLET : the platform offers access to various trading applications which are driven by blockchain, also giving them access to token exchange. .
Other unique features are:
➢ Trade room hosting
➢ Multiplatform accessibility
➢ Incentivized user profile
➢ Tournament hosting.
ADVANTAGES OF THE PLATFORM
➢ It helps in increasing the level of trust in the marketplace unlike before.
➢ Investors will get matched to counterparts with efficient trading potentials.
➢ Elimination of brokerages.
➢ Improved trading experiences.
TOKENOMICS
The medium of exchange within the platform is the LVX token which is of the form ERC20. It is a currency which is much stable other than other form cryptocurrency which drastically fluctuates.
CONCLUSION
With Level01, an efficient and most appropriate Financial trading marketplace is guaranteed.
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Website: https://level01.io/
Whitepaper: https://level01.io/wp-content/uploads/2018/06/level01_whitepaper_final1-2.pdf
Telegram: https://t.me/level01ico
Twitter: https://twitter.com/level01io
Facebook: https://fb.me/level01platform
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