What is IDAP?
The IDAP platform design is a blend of the best practices of traditional exchanges and the opportunities available to the crypto market. The platform aims to resolve the existing challenges faced by the users of current crypto exchange platforms. At IDAP, the vision is to transform the crypto economy. The team endeavors to create a secure, robust, customer centric and full-featured crypto asset market exchange that enables investors to experience numerous diversified investment tools under a single roof.
Trading Tools and Features
- IDAP Ladder. The IDAP ladder will assist intraday and professional traders. Traders can view price action, best bid and offer, last traded price and quantity, total traded volume at each price, high and low of the day and depth of market orders. The IDAP ladder will allow traders to submit, modify and cancel orders with one click. It will also help viewing relative position of correlated products.
- IDAP Matrix. The IDAP Matrix is a tool that will allow traders to watch all futures market instruments in one window. Traders can trade, place, modify and cancel orders directly through the IDAP Matrix.
- IDAP Spreader. The IDAP Spreader will allow traders to create, manage and execute synthetic spreads based on futures contracts available on the IDAP exchange.
- IDAP Simulator The IDAP Simulator is ideal for those who are new to futures trading and wish to familiarize themselves with market action and trading without risking real cryptocurrency. It will replicate real time market data and trading conditions to help users understand the market dynamics, general market behavior and how to manage trade and associated risks.
- Implied orders: A unique feature of the IDAP matching engine IDAP will provide an implied order system, which will keep outrights, spreads and butterflies interlinked, i.e. a change in the price of one will lead to a change in the price of the other. The IDAP implied order does not carry any inherent risk, meaning that a trader will not get a fill in the outrights as well as spreads. As soon as a trader gets a fill in one of the strategy, the order from the other strategy will be immediately pulled out. Implied orders will make market efficient by increasing liquidity and reducing arbitrage opportunities.
IDAP Token Utility
- Zero trading fee for ICO contributors Lifetime zero trading fee for participants buying 20,000 or more IDAP tokens.
- Discount in Trading fee 50% permanent discount. Applicable when fees are paid in IDAP token.
- Management fee Fees for ICO venture fund. To be levied in IDAP tokens.
- Listing fee For new tokens (if applicable) to be levied in IDAP tokens.
- Burning of IDAP tokens 20% of IDAP tokens received as fees will be burned till total supply reaches 500 million.
The Token name is IDAP. PreICO Price 1 IDAP = 0.024 USD. Price 1 IDAP = 0.03 USD. Bounty Available. MVP/Prototype Available. Platform Ethereum. Accepting BTC, ETH, WAN. Minimum investment 0.1 ETH. Soft cap 200,000,000 IDAP. Hard cap 750,000,000 IDAP. Country Estonia. Whitelist/KYC Whitelist. Restricted areas USA.
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