In order to promote the healthy and orderly development of the blockchain industry and meet the diversified trading needs of users, IDAX upgrades the existing trading area. The upgraded crypto trading consists of three sub-transaction zones: IDAX Select, Global Market and Capital Market.
IDAX Select is dedicated to provide users with top crypto and high-quality new crypto. The Global Market covers most of the currently recognized and highly liquid crypto on the market. The Capital Market is dominated by innovative and high-growth crypto.
In accordance with the principle of fairness and justice, the sub-transaction zone division will be automatically executed by the program algorithm. Algorithm reference trading volume, price change, amplitude, volatility, number of crypto holders, time to market, number of people in the community, etc. The algorithm executes in a 60-day cycle, and the division is based on the computed result as following:
Ranked top 20%, IDAX Select
Ranked 20%-90%, Global Market
Ranked at the end 10% , Capital Market
The new project can not participate in the overall ranking because the data is not enough. It is in the Capital Market at first. There will be an inspection period about 4 weeks, during which it can be adjusted to the Global Market If the indicators are in good condition. After 60 days, it will participate in the algorithm.
IDAX reserves the right to make adjustments and final interpretation of this announcement. Thanks for your support!
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