IRX Token Holders Guide. The Future of Crypto Starts Here.

The IronX exchange is the result of a joint venture between IronFX Group, an award-winning, global trading platform and EmurgoHK Group, the creators of the Cardano blockchain project. The main aim of the IronX platform is to provide the flexibility and convenience of traditional trading platforms and combine it with the latest developments in the field of blockchain. The primary currency of the future exchange is the IRX token.

The IRX Token

IRX is an ERC-20 utility token backing the usage of the exchange. A private sale of the token was held from June 20, 2018, to August 30, 2018. A total of 67,691,787 tokens were sold at this time, at a price of $0.33 per token, raising over $22 million. After the success of the private sale, 82,308,213 IRX tokens have been put up for public sale, at a price of $0.42 per token. The public sale started on November 1, 2018, and available for a limited time now.

How IRX Works within the IronX Ecosystem

IRX is the primary currency for all transactions on the IronX exchange. Here’s a look at the value add it offers:

Users can pay various fees charged by the exchange in IRX tokens. Payments made using IRX will provide discounts. Users will benefit from 50%, 30% and 10% discounts on payments via IRX in the 1 st , 2 nd and 3 rd year of operations, respectively.

, 2 and 3 year of operations, respectively. Additional services and discounts will be offered to IRX token contributors, based on their token holdings. Services include account management, market updates and marketing bonuses. Discounts will also be provided on payment of spreads for trading products using IRX.

IronX Exchange will ensure various incentives on management and performance fees for portfolio management.

Free virtual private server (VPS) will provide superuser access levels to services of the platform.

Access to free IronFX cards and VIP accounts, without additional requirements.

Extra commissions will be provided to introducing brokers and affiliates of the IronFX Group platform for payments made in IRX tokens.

IronX exchange also plans to reward active traders with IRX tokens, according to their holdings and trading volume.

Holders of IRX tokens can open an IRX base currency trading account to trade CFDs on the IronFX Group trading platform. Deposits and withdrawals can be made using IRX tokens from the trading platform.

The IronX exchange will allow users to seamlessly migrate their crypto accounts to the IronFX trading platform to ensure the liquidity of the platform. Best-in-class banking and payments systems, combined with the already-amassed IronFX Group assets, including multi-regulatory licensing, a large customer base of more than 1.2 million retail online trading accounts and robust operational excellence will make IronX exchange stand out from the rest.

IronX will be the first regulated cryptocurrency exchange. Regulated by the Estonian Financial Intelligence Unit, it will provide a full range of traditional fiat and crypto wallet funding options. The exchange is currently working on achieving both Gibraltar and Malta licenses.