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Torex – ICO Detailed Information


ICO Torex
Torex Since they originally appeared almost 11 years ago, cryptocurrencies have been promising a change that would make the world a better place for everyone. They offer a number of benefits over traditional finances, including lower transaction fees, decentralization, as well as the ability to reach everyone, whether or not they have access to the bank.
Start November 28, 2019
End November 29, 2019
Rating 4.1
Status
KYC Yes
Founded
Discussion

Torex Overview

ICO description, Technical Details and Documents

Torex.One is the team of cryptocurrency enthusiasts, business managers, and software engineers from Ukraine that had embarked on a path of developing a one-stop-shop cryptocurrency trading platform that will combine data from different exchanges and also provide a host of tools for technical analysis and news aggregators.   

One platform that has it all


Torex.One promises to create an ecosystem that would be connectable to the trading modules on different exchanges through API; offer PAMM trading option, in addition to the conventional spot and margin trading; introduce a crypto betting feature; incorporate a messenger through which traders can share their experiences and strategies.

By connecting the APIs of industry’s most popular and reputable stock/cryptocurrency exchanges, Torex.One will give its users an opportunity to monitor the current prices, trends effectively, and use indicators in order to make the most informed decision possible and sell an asset at the most favorable rate without the need to manually log in to each of the platforms to perform the trade. The team also promises that the additional options will appear at the later stages of platform development, though they didn’t specify which ones.

By crypto betting Torex.One means the familiar binary trading, which is, as most of you know, is not that much different from gambling. Users will have to guess whether the price of a given coin is going to be higher or lower than the current price within the established time period, for instance, a minute, an hour, etc.

The project is also going to realize the concept of trading signals, an approach of doubtful efficiency but nevertheless popular, especially among nascent traders. Apparently, this feature would be quite similar to the numerous Telegram groups, where traders, some of which are genuinely experienced and knowledgeable, but the majority are either incompetent or just plain charlatans.

It hasn’t been made clear in the whitepaper, how exactly the system of signal sharing is going to be organized: whether the project would gather a group of expert traders or would it be an open playfield, where anyone can start a channel and offer his advice to the followers. However, signal sharing will be an important part of Torex.One’s token economics since users will have to purchase a subscription to these channels with TOR, the ERC-20 compliant token that will also serve as a means of trading against other cryptocurrencies, obtaining access to platform’s premium features, and receiving rewards for different activities.


The Torex.One team

IEO details


The sale of TOR tokens will be conducted by means of the exchange offering on Probit Launchpad, followed by several rounds of TGE. The event will start on November 28. The price of 1 TOR is set at $0.63, with the minimum purchase amount being $500. Torex.One will try to raise at least $5,6 million - the maximum goal is $57 million. Torex.One did impose any country restrictions.

Author: Alex Paulson for Crypto-Rating.com

Torex Milestones

* Crypto Rating accepts no liability for any errors in the Torex ICO information and Rating. For the most up-to-date information please visit the ICO's official website.

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Top Cryptocurrencies with Price Predictions

# Crypto Prediction Accuracy CVIX Price 24h 7d Market Cap 7d price change
1 Bitcoin (BTC) BTC Bitcoin predictions 77.2% 43 $67 685.77 -1.74% -4.06% $1 333 720 305 958 BTC 7 days price change
2 Ethereum (ETH) ETH Ethereum predictions 68% 70 $3 856.07 -1.86% 2.36% $463 258 843 200 ETH 7 days price change
3 Tether (USDT) USDT Tether predictions 93.2% 1 $0.999067 -0.06% -0.07% $111 860 875 075 USDT 7 days price change
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5 Solana (SOL) SOL Solana predictions 67.6% 73 $169.71 0.71% -5.16% $76 285 696 632 SOL 7 days price change
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14 Wrapped Bitcoin (WBTC) WBTC Wrapped Bitcoin predictions 76.8% 42 $68 003.07 -1.36% -4.11% $10 570 844 156 WBTC 7 days price change
15 Polkadot (DOT) DOT Polkadot predictions 80.4% 33 $7.31 -2.59% -3.52% $10 506 078 807 DOT 7 days price change

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