1st Trade

1st Trade has its own trust insurance system where users can buy crypto assets

Project history
FRT carries the core values ​​and rights of the First Trading Platform and is the cornerstone of developing the first ecosystem of the First Trade. It adopts a multidimensional balancing mechanism for the "decentralized community node + use chain options" to maintain the balance of the ecosystem to achieve sustainable development and increase the intrinsic value of FRT. 1st Trade strives to create a blockchain-based trading system for every environmental participant and seeks to develop an autonomous community ecosystem.
Cryptocurrency like Bitcoin or Altcoin seems to be good for being a worldwide exchange tool. Yes, forget about certain real currencies that are only available in certain countries. Along with the development of internet technology, every transaction can be done globally by using it. Interestingly, not only is it more flexible to shop or buy goods, it seems you have to use Cryptocurrency in a smarter way. One way is to use it as an object of trade and investment. So, how is it?
Of course, first of all, you should join the Cryptocurrency website platform which allows you to carry out funding activities such as trading and investment. Very difficult especially crimes like fraud which are quite common nowadays. In the meantime, there are many sites out there that offer such facilities without you possibly knowing whether they are valid or not. for this, it is recommended that you use 1st TRADE is an innovative crypto-asset trading system developed using independent intellectual property rights. This is a type of Cryptocurrency platform with simple requirements, easy access, and many great features. This is even more interesting because consultations and discussions are available here to support you becoming more successful later.
About 1 TRADE
1st TRADE consists of two independent words that are common - First and Trade, for memory and easy use. First Trade symbolizes the preferred trading platform. The 1st Trade team hopes that 1st Trade will be the user's first choice for exchanges offering blockchain-based trading services and in the near future.
Each Exchange site has a different trading platform display. And there is no "review that this is the best display" but from each site to each other has features that are almost the same to each other. You have to determine for yourself which trade view is most suitable for you. What this trading platform generally has is that they all show order books or at least parts of order books, selected cryptocurrency price charts and order history. They usually also have sales and purchase boxes. Before you choose an exchange, try to see the appearance of the trade so you can make sure it feels for you.
It is known that many exchanges face problems such as security. Therefore, 1st TRADE has developed an independent risk management system so that, with a slight effect of fraud on transactions, the wallet reacts immediately to this and delays this process.
1st TRADE will offer derivative services such as institutional high frequency trade quantification, Staking node business, VC, PE, hedging insurance and blockchain insurance based on the blockchain wallet system and multi-signature architecture of the blockchain asset escrow architecture.
1st TRADE is an innovative crypto-asset trading system developed using independent intellectual property rights. Behind this platform is an experienced, strong and hard-working development team, who has years of experience in the blockchain industry, banking system and so on, and therefore they use various innovative technologies in development. Using this technology, matching frequencies with one server system, imagine it can reach 50,000 / TPS, while it can grow with maximum increase. The platform has been using such a system for 1.5 years and during this period there were no problems in the internal operating system, risk management system, finance, and so on.
The embedded white blockchain asset label trading system is reasonably configured. 1st Trade will also offer institutional accounts to users in accordance with the user's rating system, so that institutional accounts can be created independently of the trading system, and exchange depth information can be shared in real time.
 Community incentives are the core function of tokens
The token platform will be designed with community incentives as a core function. In other words, First Trading will encourage community members based on a reasonable level of contribution to inspire community members to invite new members and to improve the function of online announcements; promote decentralized community development and the autonomy of foreign communities through a node function; activating community members effectively through token prizes and various activities. The 1st Trading Team will complete multi-level reward and penalty mechanisms such as onchain cross-chain betting services, onchain incentive mechanisms and future trade contribution incentives.
1st TRADE (FRT) function
  1. Reduction of commission for trading. Registered exchange users can use FRT tokens to pay trading fees.
  2. Discount on trade. When trading on Trade Exchange 1, FRT tokens will be discounted for traders.
  3. Referral program. Invite friends, relatives, and acquaintances to register on the First Trade Exchange and you will be given a gift, so if your invitation passes verification, you will receive more gifts and them too.
  4. Trust insurance. 1st Trade has its own trust insurance system where users can buy crypto assets and insure them, and this ensures high security of crypto assets.
  5. Credit system. 1st Trade works on blockchain technology and uses a lending system. This system allows registered users to receive loans honestly and transparently.
  6. Stable coins. 1st Trade will use a stable coin on its platform.
  7. Stacking system. Stacking is a convenient and easy way to mine on the platform itself, where you can get even more to save coins.
Team Benefits
  • Rich global blockchain operation experience:  founder of Jearon is experienced in operating global brands and communities in the blockchain industry. Foreign team members have rich experience in foreign communities and media operations.
  • Solid technical strength: the  platform has independent intellectual property rights, and its core matching engine can process 10,000 orders / sec with a single server, which can be upgraded. The technical team has platform architecture and coding experience and has its own robotic trading system.
  • Mature trading system:  The restructuring system has been running stably for more than 6 months, and core functions such as code review and embedded risk control systems have been gradually improved.
FRT - short for First Trade Token. This token is the ERC20 standard and is the domestic currency of the First Currency Exchange. FRT supports project work and trade exchanges with many crypto assets. Therefore, FRT is an important part of the entire TRADE ecosystem. FRT can be used in various exchanges and other wallets, for example, myetherwallet, metamask and so on.

INFORMATION TOKEN

TOTAL SUPPLY : 500.000.000 FRT
ROCKET UP HARD CAP : 6,300,000 USD
ROCKET UP AMOUNT : 105.000.000 FRT
SUBSCRIPTION PRICE: 1 FRT = 0.06USD
AMOUNT FOR 1ST ROUND : 30,000,000 FRT

PRIVATE SELLING PRICE

LEVEL 1 : 1 FRT = 0,054 USD
LEVEL 2: 1 FRT = 0,042 USD
LEVEL 3 : 1 FRT = 0,03 USD
SUBSCRIBE KEY PERIOD : NONE
DISTRIBUTION TIME : NOVEMBER 26,2019 AT 13:59:59 (HKT)
EXCHANGE TOKEN: ONLY USDT
TYPES OF TOKEN: ERC 20

Distribution Token:

20% - Project support, various operations and team incentives.
10% - Marketing, PR, gift companies.
15% - Legal side.
21% - IEO sales.
34% - DPoS mining.

Roadmap

2019 Q4
Betting function with Static Prizes
Reduction in Trade Costs
FRT Token Release
2020 Q1
When the Chain Staking function will be available, POS about chain governance will start
2020 Q2
Formation of the First Trading Fund
The POC consensus will be available in the First Trading
Fund a website to get community members
POC gives awards through their contributions.
POC Consensus Incentive Publication
2020 Q4
Self-management Inflation and deflation in the chain
Complete POC + POS Consensus
Traders can lend stable funds through cross chains
2021 Q2
Publishing system on FRT.
Stablecoin On-Chain Issuing System
2022 Q3
On-chain mortgage loans are available
On-Chain Leverage Loan System
As a payment gateway implementation at
2023 Q2
crypto and fiat exchange
Trustworthy Fiat & Crypto Payment Gateways
2023 Q4
Give a universal API to the FRT chain to allow the third
Audit parties and Clearing service providers can provide certified data to all members of the community
On-chain Clearing & Audit

Conclusion

Behind this platform is an experienced, strong and hard-working development team, who has years of experience in the blockchain industry, banking system and so on, and therefore they use various innovative technologies in development. Using this technology, matching frequencies with one server system, imagine it can reach 50,000 / TPS, while it can grow with maximum increase. The platform has been using such a system for 1.5 years and during this period there were no problems in the internal operating system, risk management system, finance, and so on.

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