1st TRADE

1st TRADE
Blockchain trading system with Independent intellectual property rights
1st TRADE is a blockchain asset trading system developed independently with independent intellectual property rights. The development team is experienced in developing the banking system, applying the most sophisticated front-end and business architecture. According to authorized organizations, a single server level matching system can reach 50,000 / TPS, and can grow linearly at a reasonable scale. The current system used by the platform has been in operation for one and a half years, and the back-end operating system, risk control system, financial system and operating system have been working smoothly and stable during this period.
Embedded risk control and security systems
Responding to frequent exchange security issues, the first trading team jointly developed an independent risk control system with a well-known third party, and embedded it in existing business modules, allowing the platform to react quickly to abnormal transactions and wallets. system anomaly. In addition, all codes have been reviewed by a professional team, and Trade 1 gets a security report issued by a senior security company. The internal control system is strengthened by security optimization, a back-end assessment authority, and an independent private CA certificate to reduce internal damage.
The Blockchain derivative financial services architecture
1st Trade will offer derivative services such as institutional high frequency trading quantification, Staking node business, VC, PE, hedging insurance and blockchain insurance based on the blockchain wallet system and multi-signature architecture of blockchain asset escrow architecture.
The white label trading system of embedded blockchain assets has been reasonably configured. 1st Trade will also offer institutional accounts to users according to 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 sign up for the First Trade Exchange and you'll be rewarded, so if your invitation passes the verification, you'll receive more prizes as well.
  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.
Blockchain trading system platform
Primary trade is a blockchain asset trading system developed independently with independent intellectual property rights. The development team is experienced in developing the banking system and employs a sophisticated front end and business architecture. According to authorized organizations, the suitability level of a single server system can reach 50,000 / TPS, and can scale linearly to a reasonable scale. The current system used by the platform has been operating for one and a half years, during which the backend operating system, risk control system, financial system and operating system work smoothly and reliably.
Risk management and security systems
Responding to security issues that often occur on the exchange, the first trading team has jointly developed an independent risk management system with a well-known third party, embedded in the existing business module, allowing the platform to quickly respond to transactions and abnormal purses. . System abnormality. In addition, all codes are reviewed by a professional team, and Trade 1 receives a security report issued by a senior security company. The internal control system has been enhanced with security optimization, backend assessment authority, and an independent private CA certificate to reduce internal damage.

FRT DPOS Ecosystem

DPOS (Delegated Proof of Stake) is a consensus algorithm based on voting. The holder selects a representative node to operate the network and uses a professionally run network server to ensure the security and performance of the block network. The Trade Center 1 network uses a Proof of Stake (POS) mechanism, and the validation node weight depends on the total number of bound to token tokens (FRT). FRT can be stored directly by the validation node or can delegate other FRT token holders.
Each user in the system can become a validation node candidate by sending a transaction that verifies the node selection. In a node ecosystem, there is no need to solve mathematical problems. The token holder chooses entry or exit, which solves POS performance problems. The validator participates in the selection, and the validation node is equal to the total number of bound tokens and delegated tokens, and 13 validation nodes with the highest total number will be the delegation node. FRT will also produce dynamic monitoring on the chain to dynamically adjust the circulation of existing coins and the number of new tokens opened by the block so that it can realize the dynamic rights of the delegated node.

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.
First Trade Token (FRT)
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.
The total number of tokens is - 500 million.
The price of the token will be - 0.06 USDT.
Token Distribution:
  • 20% - Project support, various operations and team incentives.
  • 10% - Marketing, PR, gift companies.
  • 15% - Legal side.
  • 21% - IEO sales.
  • 34% - DPoS mining.
Conclusion
1st TRADE is an innovative crypto-asset exchange site 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,
For more information about 1st TRADE, please click the link below:

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