Open Trading Network — is an innovative solution that has been developed specifically to overcome numerous complications traders experience in crypto currency trading today. The platform tackles frictions on several different fronts and comes as a welcome arrival for crypto- traders of all scales and sizes. The platform cross-connects crypto market users, businesses and traders on a scale that has never before been achieved — which looks to set to drive trading activity upwards and with it expand liquidity in the market.
Cross-Chain — Opening Opportunities
OTN offers a cross-chain solution that valuably facilitates transactions across different blockchains. Traders up until this point have faced many delays and hurdles in setting up new software and wallets when looking to trade a range of crypto-currencies. OTN offers trading of various cryptocurrenices all in one venue as well as the exchange of tokenised assets, fiat currencies and derivatives. By connecting together this wide range of transaction possibilities the OTN is opening up a world of new and ever faster opportunities to crypto asset traders.
The OTN Solution — Expanding Liquidity
A central feature of the OTN solution is a common wallet that gives users the ability to hold all crypto assets in one secure location. At the same time the platform also offers services to freely exchange a variety of crypto assets via the platform’s distributed ledger. Specifically, traders can access crypto liquidity via the IQ Option trading platform that has a reputable, successful and vast trading track record behind them.
Enhanced Security
Unlike other crypto exchanges OTN provides guaranteed cross-exchange transactions ensured by the pool of real tokens. This type of assurance will give traders more market confidence, and foster increased positive sentiment in crypto trading. This will drive volumes higher as existing traders trade more actively as well as attracting new traders into the marketplace. Most valuably, OTN offers secured encryption, instant exchange and selling of all tokenized assets, all within a secure environment.
Enhanced Transaction Speeds
The OTN platform has been designed around a centralised order-matching engine system that will facilitate execution speeds that beat current distributed ledger systems. Specifically, the OTN matching engine is expected to sign token exchange orders in seconds. In addition, the OTN provides a set of customised contracts that will boost the speed of transactions. This advantage is particularly useful in responding to market demand in a timely and opportunistic way for traders.
Exchange Connectivity
Over the development schedule — as set out specifically on the OTN website — OTN will be sharing its API with other exchanges and brokers as part of their ongoing mission to drive liquidity and facilitate increasingly straightforward and speedy cryptocurrency trading.
Business Activity — Opening New Channels
The OTN will not only expand liquidity through cross-chain trading availability but also by specifically offering a solution that helps businesses with creating their own currencies, raise capital and providing businesses access to a pool of traders on the OTN exchange. These business side factors combined will expand crypto market liquidity significantly.
Learn more and subscribe for OTN updates here: https://goo.gl/XpfK5M
Risk warning: investing involves a high degree of risk.
*IQ Option is a brokerage company and does not provide OTN tokens to clients. All tokens are provided by the OTN foundation. The OTN foundation confirms that it does not sell OTN tokens and that the activity is non- commercial.