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Pedro O. Alvino M. photo
Venezuela
5 Level
886 Review
1576.5 Karma

Review on Aludra Network by Pedro O. Alvino M.

Revainrating 3 out of 5

Decentralized OTC cryptocurrency trading network

The Aludra Network platform, which is an ecosystem that allows users to trade an OTC cryptocurrency market in a decentralized way and with the ability to interact with other operators on the platform.

Its road map, which is extended until 2022, includes several features that will improve a better service of the platform and other products, such as the version for iOS.

With the OTC market for cryptocurrencies, users will be able to obtain greater benefits when trading with this model of operations, in addition, through the ALD tokens, the commission per transaction in the OTC market can be reduced by up to 8% in which users will also count with a reputation system that will be visible to other operators.

The project in general is in its early stages, which is essential to see what direction it may take, however, given the evolution of cryptocurrency exchanges with new trading models, it will be difficult for the project to obtain a great demand for its services.



Pros
  • It offers OTC market services for cryptocurrencies.
  • It has online chat.
  • It includes a reputation system for buyers and sellers.
  • With the ALD tokens, you reduce transaction costs in the OTC market in the Aludra ecosystem.
  • It has a mobile app.
  • It contains technical support of the market at 24 of the day.
Cons
  • Very low trade volume of the ALD token.
  • Much of its features are under development.
  • Limited trade service.