HOLDVEST: Access Every Exchange from a Single Portal
With the proliferation of exchanges and the different currencies they list, it’s becoming ever more complicated to access the best crypto opportunities. Now, HOLDVEST has the perfect solution to the user difficulties and fragmented order books that plague altcoin trading.
What Is HOLDVEST and How Will It Operate?
HOLDVEST is a new kind of blockchain investment platform that combines the best features of exchanges, brokerages, and instant trading apps. In short, the project is a one-stop gateway to every exchange and crypto service you’ll need – with super-low fees.
The platform is built around a powerful liquidity aggregator that is connected to all major crypto exchanges (a little like ShapeShift), as well as its own internal decentralised exchange, enabling users to gain the best price for supported coins. At the same time its clean, straightforward user interface is suitable for novice investors and experienced traders alike. HOLDVEST therefore combines the simplicity of a brokerage with the low fees and high liquidity enabled by accessing multiple exchanges, all within a single portal. And, unlike many other crowdfunded blockchain projects, HOLDVEST already has working software and a functional website.
Key Benefits of the Platform
Two of the most obvious benefits of this approach are ease of use and low cost. Users do not need separate accounts on several different cryptocurrency exchanges, or be familiar with the quirks and nuances of each one. HOLDVEST automatically splits orders across exchanges in the most efficient way and enables anyone to buy and sell popular cryptocurrencies for the very best price.
When the platform is fully up and running, HOLDVEST token (HDL) holders will enjoy numerous privileges. These include voting to list new cryptocurrencies and to support new ICOs; rating ICOs in terms of business model and trustworthiness of teams as a form of collective due diligence; and implementing new functionalities of various types on the platform. It will also be possible to create and trade crypto index funds, allowing users to diversify their portfolios automatically – and even profit from designing successful index funds!
The detailed white paper states that HOLDVEST tokens (HDL) will be hosted on the Waves blockchain and will be used to pay for trading fees and services such as Premium features (e.g. margin trading) and advertising. Customers will be able to use HDL to secure discounts on these. Where other currencies are paid, these will immediately be converted to HDL using the platform’s internal aggregator engine. 50% of all HDL received in this way, whether directly or indirectly, will be burned to ensure constant demand.
HOLDVEST ICO Details
HOLDVEST’s ICO will start on May 8 and will end on June 7, 2018. The price of one HDL will be set at 0.0001 BTC (early-bird discounts are available) and the platform will accept the following cryptocurrencies: BTC, ETH, BCH, LTC, DASH, and WAVES. The startup has set a hard cap of $5 million, with a minimum target of $500,000. If this is not reached, all funds will be returned to investors. Any unsold tokens will be burnt after the end of the crowdsale.
For more information or to participate in the ICO, visit http://www.holdvest.com/
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