February 18, 2022
Launched on 05/30/2019, IFX24 Exchange is an interest-free trustless margin trading exchange that provides interest-free loans by enabling users to collateralize their digital assets to get a stable coin pegged to the price of XAU "DXAU" at zero fees. IFX24 also replaces centralized account balances with a decentralized smart contract on the Ethereum blockchain that holds all account balances. This hybrid model of a centralized matching engine coupled with decentralized account balances gives traders the speed and reliability of off-chain price discovery combined with the trustless security of on-chain account settlement. IFX24 tokens are also used to pay transaction fees on the IFX24 exchange and provides holders with voting rights within IFX24 voting system.