We hear all your thoughts and suggestions. Recently, we hear a lot of negative feedback, so we would like to remind you that according to our White Paper we have delivered everything that was promised and on schedule. Specifically all the below.
❗️For the Exchange:
💠 Lack of regulation 🔸Estonian incorporated entity of the Group was awarded a full regulatory license by the Estonian Financial Intelligence Unit (FIU). The IronX Exchange today is a fully regulated exchange featuring KYC and AML processes implemented via in-house procedures. It is investigating the acquisition of a PI License under the Financial Conduct Authority (FCA).
💠 Easy FIAT-to-CRYPTO conversion 🔸The IronX exchange is offering seamless FIAT deposits and withdrawals facilitated by connectivity between the platform and crypto-friendly banking institutions.
💠 Online security 🔸Completed security audit process, conducted by the leaders in blockchain security Hosho and Hacken.
💠 Technology 🔸The IronX Exchange provides high-grade security features including, inter alia: two-factor authentication through Google Authenticator application; rate-limiting, concurrent connection limits; encrypted Transport Layer Security (TLS) connections. Our exchange is using an advanced platform with the meticulously designed interface for intuitive and easy use; built with advanced as well as novice users in mind.
❗️For the token (IRX):
🔹 to utilize IRX, as the main coin backing the system’s usage
🔹 to allow users to choose between paying trading fees in the currency of the transaction, or, paying in IRX tokens
🔹 fees paid in IRX tokens will carry a substantial discount on the exchange
And they are very adamant about the whole situation, almost like they don't care about investors and how their unreasonable decision is affecting the project, many complains have been made but no assurance that things will be correct, the team don't have a direct communication in the community, it is very hard to tell what is going on with this project, ninjapromo are really killing it.
Yes, it is completely frustrating because they are not providing complete information about their developments and their progress about their exchanges. After collecting a huge amount of money most of the people will bother about the developments after conclusion their ICO.