New page in the “crypto-history”

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    Top Binary Options Broker 2020!
    Best Choice For Beginners!
    Big Sign-Up Bonus!
    Free Trading Education!
    Free Demo Account!

  • Binomo
    Binomo

    Only For Experienced Traders!

New page in the “crypto-history” | IQ option

Let be light, said the IQ option company, and presented recently the open trading platform Open Trading Network (OTN). It was created specifically to address problems inherent at the cryptocurrency market. Also as the unification of the networks and the crypto market, as well as primary protecting theirs all interests.

At the time, it was created a huge number of new industries, with the advent of the Internet, by combining the corporate and university networks. So, in exactly the same way as the Internet, Open Trading Network will create the infrastructure of the future, which form the “relief” of the future economy. And as a result, Open Trading Network will contribute to the emergence and development of entirely new products, services and even entire industries. In other words, it can be called a step into the future that IQ option is planning to build in stages and is currently expanding products.

The main aim of Open Trading Network is a complete merging into a single open network of existing isolated “blockchain networks.” There is a crypto exchange without centralisation managing, will quickly, transparently and reliably take place in the decentralized bitcoin network.

In fact, IQ option opens a new page in the “crypto-history”, initially creating the technology and providing for it their own platform. In this case, all the purse is created, where each user will be able convenient and safe to store their bitcoin to pay for purchases and to convert the accumulated coins through OTN network.

So what OTN has to offer us?

OTN for user of cryptocurrencies:

• You can quickly and conveniently store your own cryptocurrency in one place – universal cryptocurrency wallet.

• Automatic smart contract – as a means of providing security on the basis of insurance real assets.

• The system meets all legal standards.

• Fast and safe trade 24/7.

• The availability of necessary instruments for investment in all types of crypto-currencies, stocks, indices and trade all types of derivatives and CFDs.

OTN for business:

• Quick creation of tokens within the ecosystem with their instant emission on the market.

• Safe, fast, convenient communication payment systems.

• Crowdfunding, discount systems, loyalty programs and more.

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    Top Binary Options Broker 2020!
    Best Choice For Beginners!
    Big Sign-Up Bonus!
    Free Trading Education!
    Free Demo Account!

  • Binomo
    Binomo

    Only For Experienced Traders!

• Target customer engagement and control of the audience.

OTN for trader:

• The speed of execution of trader orders and their changes.

• Fast processing of online transactions.

• Protection of working capital.

OTN for regulator:

• Ability to view transactions.

• Identification of system users.

Open Trading Network will use the original marker, named OTN sign. This marker will be used for transactions across industries, with the purpose of insurance, as well as the remuneration of traders. In other words, in the near future traders IQ option you can earn tokens by selling cryptocurrency assets and use all of those earned tokens to pay for commissions.

Starting from 9 October 2020 and within 104 weeks, the maximum number of predefined. OTN tokens will be issued each every Monday. All these OTN tokens will be distributed among those IQ option traders traded with cryptocurrency tools during the previous week.

Weekly ​​Release ​​Schedule of OTN ​​Tokens​​

The number of tokens received by the trader OTN will be purely proportional to the amount of commission paid to total cit received on the crypto tools during the week. In simple terms, it means that the more active is trader during the week, the more tokens he can earn. Therefore, the number of OTN tokens will directly depend on the volume of trade, but not on the results of the transactions.

Consequently all of us should expect a rapid growth of the popularity of cryptocurrency tools, given the fact that after the OTN tokens can be exchanged for real money through cryptocurrency exchanges. In fact, OTN tokens is an interesting tool that deserves the attention of all those involved in finance, which will allow to make extra money!

Open Trading Network will present innovative solutions, which will allow you to stand out from the market. After all, everyone will be able to access and use its benefit, because the system was designed taking into account the interests of all parties. Insurance coverage will provide the necessary assurance to market participants. With this open network, any asset can be effectively tokenservice, and then disseminated to market participants. Both digital and conventional assets can be marked with a marker OTN.

So keep pace with the progress of getting together with the broker IQ option and Open Trading Network!

“General Risk Warning: Binary options trading carry a high level of risk and can result in the loss of all your funds.”

∗ *IQ Option is a brokerage company, which doesn’t provide OTN tokens to its clients. All OTN tokens are provided only by the OTN foundation. This foundation confirms that it activity is non-commercial and it does not sell OTN tokens.

The History Of Cryptocurrency

The history of crytpocurrency is actually a fairly short one. Yes, we have had digital currency systems before these cryptocurrencies existed, but they are not the same thing. As we mentioned on our “Cryptocurrency Explained” page, former versions of digital currencies were strictly centralized, whereas these new forms of cryptocurrency, such as Bitcoin and Ethereum, are decentralized in nature.

Now, what is really interesting about cryptocurrencies is that they were never intended to be invented as they are known today. This actually all started with the now infamous Bitcoin and a man named Satoshi Nakamoto. Nakamoto’s goal in the beginning was to create nothing more than an electronic peer to peer cash system. People had for a long time been trying to create some kind of online digital cash system, but had always failed due to the issues with centralization.

Satoshi Nakamoto knew that another attempt at building an online centralized cash system would only result in more failure, so he decided to create a digital cash system that had no centralized authority. And so came the birth of the Bitcoin. Yes, Satoshi Nakamoto invented the Bitcoin, the very first decentralized form of digital cash that had no central governing or controlling body. Bitcoin was to be the property of the entirety of the Bitcoin community.

Nakamoto created Bitcoin back in 2008 and it’s value exploded without question. Back when it was first created, it had a value of little over a single cent. However, the value quickly grew and in late 2009 had already reached $27 for a single Bitcoin. Now, in 2020, a single Bitcoin has a value of over $7,500, so as you can see, the value of this particular cryptocurrency has skyrocketed to monumental levels.

To go back to the creation of Bitcoin, the big problem Nakamoto was facing was to stop double spending, the act of a currency owner spending the same money twice. This control over the spending and the amount of cryptocurrency present in the digital world was previously always controlled by a central authority, hence whey digital currencies were always centralized. It was a way to make sure that double spending did not occur. Nakamoto figured out how to create a digital currency that did not require this central authority. In a decentralized digital currency system, every single user or entity needs to agree on every single account balance and transaction for it to work.

However, Nakamoto was able to create this system of cryptocurrencies, where a complete consensus is required from all parties, and if there is any disagreement between parties, the whole thing breaks down. This might all seem very complicated and nearly impossible to execute, but Nakamoto and his invention of Bitcoin proved this all to be wrong. Bitcoin and other cryptocurrencies demonstrate how there is no need for any kind of central authority to control spending and account balances as long as there is total consensus among all parties involved.

Since Nakamoto revealed his amazing innovation there have been dozens of other decentralized cryptocurrencies released by several parties. Some of the most popular and highly valued cryptocurrencies at this time include Bitcoin, Ethereum, Bitcoin Cash, Ripple, Litecoin, Dash, NEO, NEM, Monero, and many others. Like we said, the history of cryptocurrencies is not a very long one, but it is certainly an interesting and eventful history. Now that cryptocurrencies like Bitcoin have proven their value, their ability to operate in the real world, and have shown that they possess real purchasing power, more and more banks, investment firms, and trading organizations, as well as retailers, have begun to accept them as legit forms of currency and payment. The history of cryptocurrency is still happening as we speak, so stay tuned because there are always more developments to come!

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    Top Binary Options Broker 2020!
    Best Choice For Beginners!
    Big Sign-Up Bonus!
    Free Trading Education!
    Free Demo Account!

  • Binomo
    Binomo

    Only For Experienced Traders!

Like this post? Please share to your friends:
Binary Options Trading Secrets
Leave a Reply

;-) :| :x :twisted: :smile: :shock: :sad: :roll: :razz: :oops: :o :mrgreen: :lol: :idea: :grin: :evil: :cry: :cool: :arrow: :???: :?: :!: