DRIVE Markets
DRIVE Markets (DRV)
More on ICO
Token Sale April 3, 2019 - Unspecified
TrackICO Rating 4.4 / 5
Token price 0.14 USD
Platform Ethereum

Short description:

DRIVE Markets, is an institutional crypto and fiat currency exchange, offering high frequency futures and spot trading for Bitcoin, Litecoin, Bitcoin Cash, Ripple and Ethereum.

Main Content:

Overview

DRIVE Markets, is an institutional crypto and fiat currency exchange, offering high frequency futures and spot trading for Bitcoin, Litecoin, Bitcoin Cash, Ripple and Ethereum.

Partnership and tractions

DRIVE Markets has teamed up with forex giants including KX and MetaTrader to entice forex traders to crypto. The forex market, which trades up to $5trillion daily is frequently compared to crypto but forex traders have been sidelined from crypto due to a lack of high frequency trading and deep liquidity.

Coin characteristics

DRV will list at $0.14 on April 3rd, 2019 with a circulating or session supply of 70M coins. DRV will be available to trade on DriveMarkets.com and via our liquidity and trading desk partners. A notable feature of DRV is its utility on DRIVE Markets including trading rebates and the payment of discounted listing fees by issuers. As with similar coins including BNB from Binance, DRIVE Markets has committed to an automatic buyback that will reduce circulating supply.

Regulations

DRV is approved by the MFSA as a virtual financial asset or utility token.

Launch of Derivatives Trading - v1.0

Feb 26 - Launch of professional-grade crypto and fiat exchange offering commission free, fast, reliable, and secure trading of Bitcoin, Ethereum, Litecoin, Ripple and Bitcoin Cash. https://medium.com/drive-markets/we-just-launched-derivatives-trading-for-the-big-five-including-btc-eth-and-xrp-4d1834b4c448

Added support for Canadian Dollar. - v1.1

March 7 - Launched support for funding of accounts in $CAD. https://medium.com/drive-markets/we-just-added-the-loonie-1223e244f677

Launch of Spot Trading. - v1.2

March 21 - Released collateral based trading for Bitcoin, Litecoin, Bitcoin Cash, Ripple and Ethereum. https://medium.com/drive-markets/weve-added-spot-trading-and-collateral-why-this-is-important-c79858f03199

Launch of DRV Coin

April 3 - DRV is approved by the MFSA as a virtual financial asset or utility token. As with similar coins including Binance Coin (BNB), DRIVE has committed to an automatic buyback that will reduce circulating supply. DRV will list at $0.14 on April 3rd, 2019 with a circulating or session supply of 70M coins. DRV will be available to trade on DRIVE Markets and through our liquidity and trading desk partners.