Derivatives Exchange will be launched on bitfex.com
Why IDAP
IDAP is introducing derivatives product ecosystem to crypto asset markets
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Derivatives Instrument
Single click trading interface to hedge & speculate through outright futures, calendar spreads, butterfly spreads & American options
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Extended Product Offerings
Crypto pairs, crypto/fiat pairs, perpetual swaps, crypto indices, ICO venture fund & P2P lending
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IDAP Matrix & Spreader
View and trade multiple futures contracts, exchange quoted and synthetic spreads
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Institutional Grade Matching Engine
Supports DMA, CLOB & RFQ scenarios. FIFO & Pro-rata matching algorithm, supports multiple conditional & implied orders. Advanced risk control
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Advanced OMS & SOR
OMS with FIX interface. Order routing to multiple exchanges, ECNs, third parties trading systems
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Low Latency & High Availability
Servers across multiple regions, active geo replication, guaranteed 99.99% uptime, FIX 4.2/4.4 protocol for HFTs
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Security & Compliance
CCSS (Level 1) Cold wallet management, Insured hot wallets, OWASP & EU GDPR compliant
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Token Utility
Zero trading fee for token holders. 50% discount on trading fees if paid in IDAP project token. Listing and management fee in IDAP project token
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Customer Oriented
User friendly UI, feedback driven product improvements, detailed FAQ and tutorials, 24x7 support
Introduction Video
Documents
The original documents have been published in English. Documents in other languages have been translated by our supporters from crypto community around the globe. In case of conflict between a translated and the English version, the English version should be your reference to validate the facts and figures.
Products
IDAP is bringing to market low-risk Exchange Quoted Spreads and a highly secure, advanced and robust Desktop Trading Platform with cutting-edge 'Point-and-Click' ladder interface. Through its diverse product offerings and institutional-grade infrastructure, IDAP will transform the digital asset market.
Trading Instruments
Spot
Easy access for buying & selling of cryptocurrencies and tokens. Product offerings include Crypto/Crypto & Crypto/ Fiat trading pairs.
F&O
Evergreen products for Hedging and speculating crypto market. Futures & Options trading for major cryptocurrencies and crypto indices. Serial futures contracts, spreads, butterflies and American options.
Perpetual Swaps
Leverage trading could be synonymous to perpetual swaps trading. IDAP offering includes perpetual swaps for major cryptocurrencies, equity indices, FX, stocks and commodities with leverage up to 50X.
ICO Incubation
Assisting Blockchain Entrepreneur
We believe that public blockchain have the potential to disrupt many of the current business domains. Through our incubation program we aim to bring together best ideas, entrepreneurs and necessary resources. IDAP in-house team of developers and research analysts will evaluate the project and its feasibility, including team authenticity, financial justification and legalities. We will help promising projects by providing them all the necessary resources like initial funding, tech support, legal services and other relevant consulting.
IDAP Master Account
Buy 1.25 million IDAP tokens and avail our Master Account
Through the master account a user can generate various sub-accounts that are restricted only for trading. Withdrawls and deposits will only be enabled for the master account, users of the sub-accounts will be able to trade but not withdraw or deposit any funds.
Roadmap
Ideation
Detailed research and analysis on crypto exchanges and product offerings.
Conceptualisation of IDAP Ecosystem
Research and design, establish a team, form an advisory board and identify strategic partners.
Company Formation and IDAP Token Pre-sale
Website launch, lite paper and white paper release, token listing & sale, company registration, license procurement for trading and wallet management.
IDAP Exchange Development
Product development including tech stack for exchange architecture, IDAP Trader front-end, matching engine and implied logic functionality. Community building, marketing and completion of token pre-sale.
Trading Platform Development & Testing
Alpha version testing of IDAP Trader and Web trading interface. Internal testing of ladder UI, point-and-click functionality, multi-instrument derivatives trading and semi-automation via conditional orders.
IDAP TestNet Launched
TestNet launched, both web interface and desktop platform open to public. Order execution on real-time market data, workspace customization functionalities and multi-instrument trading in simulated environment.
Beta Exchange Testing
Closed Internal Testing of derivatives contracts trading, along with functional, security and load-testing of the exchange. Secured backing by early-stage VC firm, Sparx Ventures.
Beta Exchange Testing Continued
Spreads, butterfly, quarterly futures and perpetual swaps for Bitcoin tested in real-time conditions. Implied Logic for futures market with advanced conditional orders tested. Token listing on ProBit exchange.
Platform Launch On Bitfex.com
Futures trading with Exchange Quoted Spreads along with Perpetual and Quarterly Contracts for Bitcoin. Derivatives Trading Competition and BFX staking enabled on Bitfex.
Platform Features Upgrade 1.0
Mobile App launched and Web App 2.0 with upgraded interface released. Geo-replicated exchange architecture goes live on multiple servers in key locations. IDAP APIs for FIX, REST, Binary, etc. integrated in IDAP Trader.
Introduction of New Trading Instruments
Options and Crypto Indices derivatives introduced. Derivatives offerings extended for additional coins and tokens based on customer feedback. Opt-in portfolio management services introduced for OTC clients.
Our Team
Comprises of distinguished Alumni of premier institutes such as Indian Institute of Technology (IIT), National Institute of Technology (NIT), Harvard University and Thapar University etc.
With diversified knowledge in various fields such as Investment Banking, Finance, Economics, Information Technology, the team brings forth years of expertise, business acumen and success stories.