Secondary Market
Last updated
Last updated
Digital assets can be traded on secondary markets, which comprise of centralized cryptocurrency exchanges like Coinbase, Kraken, and Binance, and decentralized exchanges (DEX) such as Uniswap, Sushiswap, or PancakeSwap, where users can trade digital assets without relying on a central authority.
Our marketplace allows users to buy and sell digital assets prior to the vesting period, essentially functioning as a secondary market. This means that users who were not involved in funding a project can make offers to purchase tokens from said project, while those who did participate can offer their coins for sale. After the vesting period starts, users can continue trading on the marketplace.
In the context of digital assets, a secondary market refers to a marketplace where investors can trade assets among themselves. Unlike primary markets where assets are issued and sold directly by the issuer, secondary markets determine asset prices based on supply and demand and are subject to fluctuations due to various factors.
Here are the benefits we aim to provide to our users:
Liquidity: Users can easily buy and sell digital assets at market prices.
Price discovery: Users can determine the fair market value of digital assets through supply and demand dynamics.
Diversification: Users can reduce risk by investing in a range of cryptocurrency options.
Accessibility: Users can more easily invest in digital assets, increasing adoption and expanding the market.
Lower costs: Transaction costs can be lower compared to traditional financial markets.
Global access: Users can buy and sell digital assets from anywhere in the world, 24/7.
Transparency: The secondary market provides transparent pricing data and trading information, enabling informed decisions about buying and selling digital assets.
We believe using a secondary market on a crypto platform can furnish users with substantial advantages, including augmented liquidity, price discovery, diversified investment options, enhanced accessibility, reduced transaction costs, worldwide accessibility, and increased transparency, all of which can aid in establishing a more streamlined and accessible cryptocurrency market.
