The global forex market is today one of the most liquid financial ecosystems with around $6 Trillion in turnover on a daily basis. This marketplace is dominated by big players in the traditional finance space which include banks, investment firms and hedge funds. Well, it is now going more mainstream as the world embraces opportunities to invest in decentralized or global markets.

One innovation that has since focused its efforts on this burgeoning market is the Liber ltd forex trading floor. Liber ltd which enjoys a user base of over 500,000 runs its own regulated currency exchange platform, with an authorization from the Belize Securities and Exchange Commission. Notably, the Liber Forex trading floor leverages a couple of advanced technologies which include blockchain, big data and AI.

Liber’s Forex Trading Ecosystem

Liber ltd offers an exposure to the liquid forex market through its trading floor; users can access 75+ currencies, CFDs and metals that are traded in global markets. To top it up, the platform provides up to 500x leverage while the minimum starting deposit is $100. This platform is also compatible with modern trading technologies which include MetaTrader 5, superior VPS solutions for day traders and an advanced client portal for tracking trades.

Liber Token (Libfx)

As highlighted earlier, Liber ltd has implemented a combination of the latest tech stack to scale its value proposition in modern-day markets. The team developed an ERC-20 token dubbed ‘Libfx’ to act as the trading floor’s native token. This basically means that Libfx plays an instrumental role in the support of Liber ltd mission and goals, which seek to contribute towards the forex market depth.

The Libfx token enables Liber Forex users to enjoy a range of benefits such as making in-payments via the native token. This further exposes the prospects to incentive programs that Liber ltd has signaled to debut in the near future. Also, the Liber ltd native token comes with exclusive rights that allows the owners to purchase Liber’s ltd stock, per the stock exchange floor listing.

As for the Libfx tokenomics, the total supply is capped at 35 million tokens with 40% of the chunk being allocated to transaction and mining. This is followed by ecological welfare at 24% and team incentives at 20% of the total Libfx supply. Other areas that Liber ltd has allocated its native token are cornerstone investment and private placement subscription; each take up 8% of the total.

Currently, Libfx token is actively traded on 3 active markets which include ProBit, Fatbtc and Crex24 crypto exchanges. The prevailing price of one Libfx is $44 while its 52-week range is between $19-$84.50, having launched in June 2020. Given the digital asset compatibility, Liber forex traders can choose to make deposits and withdrawals in BTC and ETH.

The Liber Forex Advanced Tech Suite

Apart from the blockchain-focused Libfx token, Liber ltd implements big data and AI to complement its trading floor functionality. The two technologies work hand in hand, whereby AI serves an analytical purpose while big data stores millions of records in a transparent way. Therefore, Liber Forex users enjoy protection from abnormal patterns that are identified through AI. In addition, they get exposure to probable future market trends based on the statistics derived from the big data records, which feature all trading history and market metrics such as price graphs and marketing events.

Liber’s Prospectus Products

The Liber Forex ecosystem plans to increase its trading floor options as more users join their platform. Some of the tools that have already been hinted include metals, indexes, stocks, cargo, cryptocurrencies and energy. Per the Liber ltd goals, this expansion will offer investors with more options to diversify their portfolios; the project also targets to have hit 2 million users by 2022.

On the long-term outlook, Liber ltd is optimistic of launching an IPO on the New York Stock Exchange (NYSE) floor within the next five years. This milestone will be coupled with a publication of exclusive rights that will allow Libfx token holders to own the Liber ltd stock.

Conclusion

The forex market liquidity proposes quite a significant value to investors that are looking to participate in global markets. While there have been on-ramping solutions to this market, the emergence of digital currencies is gradually changing how stakeholders interact with the featured assets. Liber ltd serves as a good example of the evolving nature of traditional markets and the potential of interoperability with digital currency networks.

Going forward, it is more likely that traditional finance will merge with crypto innovations in order to complement each other. However, there is also a possibility that traditional finance as we know it will eventually be shifted to decentralized platforms; a process that is already happening within the Decentralized Finance (DeFi) space. Better to keep tabs than play catch up.