The International Digital Assets Platform (IDAP) is the first self-contained ecosystem for the cryptocurrencies derivatives trading market. Contained within this ecosystem are the IDAP Exchange, the IDAP Desktop App with advanced trading tools and most importantly, crypto derivatives instruments by IDAP for trading and investment. By bringing together individuals and institutions in need of risk management or with an eye at profit via risk acceptance, their goal is to become the most diverse crypto derivatives marketplace for buyers and sellers. The volatility of the current crypto market has made it imperative that the issue of risk management and hedging options for crypto assets be addressed without delay. Traders being free to take long and short positions and to bet in both the bull and bear run of the market, thus being able to diversify and optimise their portfolio performance, are all made possible by the introduction of a highly diverse and wide range of multiple crypto based derivatives products, including Futures, Spreads, Swaps, Options and Crypto Indices. Moreover, the trading of these abovementioned financial instruments deepens the liquidity of the market, in effect stabilising the price points of the underlying crypto assets. This is what the IDAP ecosystem for crypto derivatives market trading has exclusively been built to achieve.
IDAP PRODUCT OFFERINGS
IDAP is creating a completely new ecosystem, built to facilitate a crypto derivatives market where traders have access to multiple trading and investment instruments, enabling a highly liberating, highly strategic, low risk and seamless trading experience. With its array of derivative instruments, IDAP offers its users the freedom to hedge, speculate and diversify their portfolio. Traders of all styles and grade will find a product of their liking and a platform that not only simplifies their experience but also lets them maintain a high degree of control over customising that experience. By expanding the choices for their customers, their ecosystem will aid in deciding what strategy is most suitable for investing and trading their assets. An increase in choices and improved experience translates to satisfied customers, leading to a larger pool of participants and thus to greater liquidity of the cryptocurrency market.
IDAP crypto market exchange will enable spot trading against all major crypto coins and tokens, offering the choice of both types of pairs: crypto-crypto and crypto-fiat. They will initially launch with a select number of coins/tokens, and gradually expand this list to include major cryptocurrencies and tokens above a minimum market capitalisation. In the beginning, major crypto pairs such as BTC/Altcoin, ETH/Altcoin and IDAP/Altcoin pairs will be offered. Gradually, they will increase the number of pairs and also go on to provide USD/crypto and Euro/crypto trading, integrating the major world currencies in the process.
Fund Initial Coin Offerings (ICOs) can yield very high returns, especially if the investments are made in the early stages of the sale, like in the private round of funding or seed round. However, these opportunities are often reserved for either seasoned investors with large amount of capital at their disposal and/or individuals/firms with a high net worth. Retail investors thus tend to miss out on their chance to back good projects in their nascent stages, wherein lies the opportunity for the highest return-on-investment. Moreover, there aren’t many formal vetting mechanisms available today to assist a retail investor, especially a new entrant to the crypto market, so as to help them identify genuine ingenious projects in order to partake in the early rounds of sale.
IDAP will provide its customers, the trader-friendly ‘Desktop App’ with custom features for a seamless trading experience. In conjunction with their flagship trading tool, the Desktop App, customers will also have access to their exchange via the in-browser trading app as well as mobile app. The full features list of their Desktop App includes:
- Order entry form supporting Market, Limit, Stop-Loss, Stop-Limit, Iceberg, trailing stops, OCO, bracket and various other conditional orders.
- Real-time market data charts supported by generic and advanced technical indicators and analysis.
- Account and position monitoring, order book, trade history, fill book etc.
- Custom arrangement of market data, order and trade history, positions, charts and technical tools, other data items and colour schematics.
IDAP will issue a fixed supply of 1,000,000,000 IDAP Tokens, each priced at 3 cents. Below are the token specifications and details of token distribution & funds usage.
Token name : IDAP
Token type : ERC-20
Total supply (fixed) : 1,000,000,000
Token price : $0.03
Currencies accepted : WAN, ETH & BTC
Soft cap : 200,000,000 IDAP
Hard cap : 750,000,000 IDAP