According to FTX Fund’s official statement released last month in March, FTX Fund is in the process of completing all necessary legal formalities regarding its ambitious multi-functional cryptocurrency derivative exchange project.
The company is set to launch its derivative cryptocurrency exchange soon.
The FTX Fund is supported by the Holding company that has been successfully listed on the Nasdaq in the United States. Through that FTX Fund will accumulate the required amount of investment and continue to raise capital from the public to serve those projects.
Investors can now get access to FTX Fund Exchange from across the world and legally subscribe to its shares and invest in it as well.
FTX Fund is a dedicated application and research platform for solutions relating to cryptocurrency, big data, fintech, and online financial transactions.
FTX Fund has successfully established itself as a potent source to get all the necessary information relating to blockchain and cryptocurrency at a single place. The site mainly aims to help the Next Gen understand the nuances of cryptocurrency trading and blockchain technology in lucid language and simple terms.
FTX Fund And Its Erudite Team
FTX Fund is the brainchild of a highly efficient team of algorithm professionals who are also experts in standard asset management and blockchain technology.
Apart from its long list of directors, with each of them handling a different segment of the business, the company has a pool of engineers and R&D experts.
The team is always at the forefront of publishing and sharing the correct information with its readers at the right time. It has a dedicated blog section where the FTX Fund team shares informative content with its readers. Also, there are other web pages as well that share other relevant news with the audience.
Proposed Objects of Derivative Cryptocurrencies Exchange
- Inspects any irregularities across all trading pairs and moderate the risk of accidental liquidations and short squeezes while establishing an independent price manipulation security system.
- Expedites the cryptocurrency exchange speed with more than 10,000 transactions per second.
- Collaborates with Binance Smart Chain (BEP-20) and utilizes the price matching mechanism to prevent traffic network during the high-volume peak hours.
- Initiates FTXF Token to optimize payments for around 1.5 million hotel systems.
- Facilitates online ticket booking of 400 different airlines.
The FTX Fund Decentralized Exchange: What You Should Know
Currently, the smartcontract of exchange has undergone a number of reviews to get the necessary certification to be issued by Audit Companies. When blockchain firms go for audits, especially relating to its technology, accounts, and financial affairs, it needs the help of Audit Companies.
There are certain aspects that need to be kept in mind regarding Audit:
- Certificate of Compliance.
- Full Report & Recommendations.
- Automated Vulnerability Tests (Mythril, Slither, Oyente, MythX, Solhint, HoneyBadger, etc.).
- Manual Security Tests (SWC-Registry, Overflow, etc.).
- Coding Conventions Tests.
- Function and Logic Tests.
The credibility and reliability of FTX Fund will grow exponentially more once the said audit is completed and the result is made available to the public at large.
About FTX Finance Ltd
FTX Finance Ltd is a private limited company incorporated in England and whose registered office address is at No 40 Gracechurch Street, London, EC3V 03T, United Kingdom. At the moment, Paul Bichler is the Chief Executive Officer to direct the company. Paul Bichler is a blockchain specialist with many years of experience in handling key responsibilities in the blockchain and cryptocurrency industry.
He has been a specialist dealing with the matter for over five years, working with Blockchain, distributed ledger, and all-around familiar with the entire cryptocurrency industry. Paul has taken up roles as both marketing and technological experts.