📈SociumTrade 📉 – Social Trading & Investment Platform

SociumTrade

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Activity: 82

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Quote from: stotalieG on October 28, 2018, 02:33:34 PM

Is SociumTrade offering a security? Are Socium tokens like stock or shares in the company?

No. Socium Token is an application token. It has functionality inside the platform and you can treat them as a part of the system code-base.
Also note that SociumTrade is not collecting investments and is not projecting any passive income or positive price prediction so Socium Token cannot be considered a "security".

SociumTrade

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Activity: 82

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Quote from: carrieM on October 28, 2018, 02:09:35 PM

Hello, will the SociumTrade have an access to my funds on SociumTrade platform?

SociumTrade's wallet service enables secure and decentralized storage for crypto assets in native or emulated smart contracts, meaning
that SociumTrade has no influence on the user’s funds. So funds-locking, hacker attacks and potential scams become a thing of the past.

stotalieG

newbie

Activity: 10

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Is SociumTrade offering a security? Are Socium tokens like stock or shares in the company?

carrieM

copper member

Activity: 59

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Hello, will the SociumTrade have an access to my funds on SociumTrade platform?

SociumTrade

copper member

Activity: 82

Merit: 0

Quote from: fab_willy_wonka on October 28, 2018, 01:43:18 AM

do you support cold/hot wallets?

Yes, the system will support traditional storage of funds with distribution between COLD/WARM/HOT wallets.

fab_willy_wonka

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do you support cold/hot wallets?

SociumTrade

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Activity: 82

Merit: 0

Quote from: iradaaa on October 27, 2018, 12:50:06 PM

hey guys, i looked through your website, it seems like you are doing a great job. what products do you offer? i know about SociumHEX and SociumLead, what else?

We’re aiming to provide our users with the most unified user experience possible. That is why, alongside our core product, SociumTrade, we have developed a further three financial products. These four pillars of the Socium project come together to form our ecosystem:
1. SociumTrade
2. SociumHEX
3. SociumLend
4. BrokerGram

SociumTrade

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Activity: 82

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Quote from: carrieM on October 27, 2018, 12:47:23 PM

are you guys going to have a social networking?

We’ll develop the Socium Social Network – a fully fledged network of professional and amateur traders, that will aim to offer the fully functional social network. It will comprise feeds, trading performance, reputation system, content creation, commenting, liking and following options, notifications, user groups, professional profile and approving system and many more, as well as a messenger. All these tools will help traders and investors to stay connected and have the latest information. Built on top of Spring Cloud, each service will be shipped separately, giving extra space for extension and scalability. Communication will be done via the Kafka service bus.

SociumTrade

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Activity: 82

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Quote from: SubstantialLynx6 on October 27, 2018, 12:44:01 PM

How does the Trading Terminal works?

Through SociumTrade we will offer its own trading terminal, meaning that a trader will be able to trade different asset classes: Crypto (through SociumHEX), FX – foreign exchange and Stocks (both by connecting to the markets (using adapters – JCA) or clients’ API).

The terminal module will consist of two parts:
1. Client based, on React JS (Webpack, Redux, React Router, etc.)
2. Terminal API gate and connectors, HUB (Spring Boot and Spring Integration)

Using the TradingView API, we have managed to unify the trading experience by
providing widget-driven UX (CSS absolute position), meaning that a trader can:
Show/Hide instruments
Enjoy flexible tool positioning
Take advantage of a set of predefined and custom layouts
Benefit from a multi screen experience

SociumTrade

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Activity: 82

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Quote from: RickeyRush on October 27, 2018, 12:41:14 PM

How the SociumTrade will guarantee security and efficiency?

As you may know already – Socium Trade will have an embedded Crypto Exchange based on Hybrid Exchange (HEX) concept – SociumHEX. SociumHEX aims to combine the performance of a centralized exchange with the trust and security properties of a decentralized exchange. Written on JVM (Java, Groovy) and leveraging Spring Boot, SociumHEX will be phenomenally fast and secure. Using decentralized wallets and an AI-driven trade engine, SociumHEX will guarantee our users maximum security and efficiency. The exchange will be able to handle both simple and exotic orders and will come with integrated KYC and AML (anti-money-laundering) components that meet international standards and ensure high level security.

SociumTrade

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Activity: 82

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Quote from: mmanson1 on October 27, 2018, 01:38:37 AM

Quote from: SociumTrade on October 26, 2018, 03:06:10 PM

Quote from: anchoussll on October 26, 2018, 02:04:28 PM

What about professional terminals like those provided by Bloomberg and Factset?

These terminals are expensive and complicated to use. The price points and the learning curve create sufficient entry barriers to dissuade retail investors from getting involved.
They come complete with advance news, analytics, and portfolio management modules as
well as integration options with all of the necessary investment tools.

why would those terminals be not customer-oriented? what's your approach than?

Trading platforms bait users and leave them hanging. Flashy trading and investing platforms attract users by dangling before them the prospects of potential returns, but don’t provide the tools that are necessary for an average person to have a legitimate chance in the open market.
SociumTrade’s approach is different.

iradaaa

newbie

Activity: 3

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hey guys, i looked through your website, it seems like you are doing a great job. what products do you offer? i know about SociumHEX and SociumLead, what else?

carrieM

copper member

Activity: 59

Merit: 0

are you guys going to have a social networking?

SubstantialLynx6

newbie

Activity: 13

Merit: 0

How does the Trading Terminal works?

RickeyRush

newbie

Activity: 33

Merit: 0

How the SociumTrade will guarantee security and efficiency?

kalui.sam

newbie

Activity: 7

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Quote from: SociumTrade on October 26, 2018, 03:03:50 PM

Quote from: kalui.sam on October 26, 2018, 10:54:19 AM

What is HEX? It's mentioned on your webpage, but I couldn't find the explanation. Could you provide some more info?

We aim for SociumHEX to combine the performance of a centralized exchange with the trust and security properties of a decentralized exchange. The system consists of three main components: an off-chain trade matching engine, a smart contract where funds are stored and a clearing service to trigger funds distribution. Written on JVM (Java, Groovy) and leveraging Spring Boot, SociumHEX will be phenomenally fast and secure.

How will you provide security? Can it influence my funds?

mmanson1

newbie

Activity: 5

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Quote from: SociumTrade on October 26, 2018, 03:06:10 PM

Quote from: anchoussll on October 26, 2018, 02:04:28 PM

What about professional terminals like those provided by Bloomberg and Factset?

These terminals are expensive and complicated to use. The price points and the learning curve create sufficient entry barriers to dissuade retail investors from getting involved.
They come complete with advance news, analytics, and portfolio management modules as
well as integration options with all of the necessary investment tools.

why would those terminals be not customer-oriented? what's your approach than?

cryp_aaluru

newbie

Activity: 4

Merit: 0

Hi guys. I like the concept of your project, you have quite a lot to offer. I wonder who are the founders of Socium Trade? Can I check their profiles/LinkedIns?

SociumTrade

copper member

Activity: 82

Merit: 0

Quote from: knyelo on October 26, 2018, 02:50:14 PM

How is it going to look like inside?

Every user has a profile page that includes biographical information, professional credentials, endorsements, and recommendations from other users. The profile page also shows the user’s performance track record on the platform. Additionally, the user’s latest social activity, such as posts and shared articles, is also displayed.

SociumTrade

copper member

Activity: 82

Merit: 0

Quote from: anchoussll on October 26, 2018, 02:04:28 PM

What about professional terminals like those provided by Bloomberg and Factset?

These terminals are expensive and complicated to use. The price points and the learning curve create sufficient entry barriers to dissuade retail investors from getting involved.
They come complete with advance news, analytics, and portfolio management modules as
well as integration options with all of the necessary investment tools.

Topic: 📈SociumTrade 📉 – Social Trading & Investment Platform (Read 1006 times)