Decentralised trading of ERC20 Tokens and ERC20 Token Baskets
WandX is a decentralized platform on the Ethereum blockchain which enables users to create, trade, and settle any financial instrument on crypto-assets. Using the Wand Token, users can invest in ETFs (Exchange Traded Funds), buy cryptocurrency futures, and trade in liquid assets through a portfolio of assets.
- Trading in Portfolio of currencies. The product allows users to create and trade in a basket of currencies with a single transaction, hence increasing liquidity of many altcoins and helping users diversify their investment. - Investing in derivatives on cryptocurrencies Using Wand tokens, users can create, trade, and settle derivatives contracts on the WandX framework on Ethereum. - Creating markets for tokenized assets Using the WandX interface, users can tokenize and trade real world assets such as energy and plastic hence increasing the liquidity of these otherwise illiquid real world assets.