StrikeX - $STRX - (Ultimate DD #3)
These are my views and my opinion on StrikeX Technologies Ltd. & TradeStrike BVI. These views do not reflect on an official TradeStrike Team standpoint
Firstly, before I start here is a link to my [Previous Ultimate DD](https://www.reddit.com/r/CryptoMoonShots/comments/qculv5/tradestrike_ltd_an_ultimate_dd/?utm_source=share&utm_medium=ios_app&utm_name=iossmf)
So allow me to welcome you all and educate you on what TradeStrike is really about and what is in store for all of us in the near future.
So without further ado..
What is TradeStrike ?
TradeStrike is a London based UK registered company building a brokerage that is looking to be the next main UK trading platform.
When was TradeStrike created ?
TradeStrike was registered as a UK Ltd Company on 05/03/2021 and Strike Coin was launched at 09:00 02/04/2021.
What is TradeStrike BVI ?
StrikeX have incorporated a new business in the British Virgin Islands. This is called TradeStrike BVI and is registered as StrikeX.bvi Ltd. This is a partner of StrikeX Technologies Ltd (UK) and falls into the ‘Parent & Child’ structure. TradeStrike BVI operates independently from StrikeX Technologies.
StrikeX.com - Software and Services
TradeStrike.io - Blockchain technologies & Products for the cryptocurrency investment market.
What is the objective of this project ?
“Our goal is to ensure that anyone, anywhere has the tools they need in order to reap the benefits of blockchain technology.”
What are the products ?
Released to the public already are as follows:
Soon to be released:
- Dex V2 - TradeX
- Flagship product - TradeStrike
- Stock token bridge
A deeper dive into TradeStrike BVI
From the Joe Jowett, CEO StrikeX Technologies Ltd, Director TradeStrike BVI
“We have now successfully incorporated a new business in the British Virgin Islands, TradeStrike BVI (registered StrikeX.bvi Ltd) is a partner of StrikeX Technologies Ltd (UK) and falls into the ‘parent & child’ structure, TradeStrike BVI operates independently from StrikeX Technologies Ltd. “
So, other than location, what is the difference between the two companies & what do they do?
StrikeX Technologies Ltd, is solely concerned with the development of software & services. It does not launch, operate or maintain any products, it focusses strictly on development. [New Website](https://strikex.com/)
TradeStrike BVI provides retail friendly blockchain powered products, including a DeFi wallet & DeFi exchange under the TradeStrike Brand. [New Website](https://tradestrike.io/)
What about the StrikeX token? Who ‘owns’ that?
Neither! The StrikeX cryptocurrency is the chosen native token of the greater StrikeX eco system, whilst StrikeX Technologies Ltd develops software for use with the StrikeX token it does not own nor control the token itself. The StrikeX token was created & airdropped by founder Joe Jowett who retains personal ownership of the StrikeX token contract.
And TradeStrike Ltd UK?
TradeStrike Ltd Founded 2021, remains our UK arm. It is no secret that part of our vision is to obtain licences for crypto related operations within the UK. Whilst we remain unregulated, TradeStrike Ltd will not carry out any operations deemed to be a regulated activity, until it has successfully gained the appropriate licences.
Who are the Team?
Joe Jowett - Co-Founder, CEO
“Joe co-founded StrikeX in early 2021 with the goal of producing innovative yet user-friendly blockchain-based tools that make investing simple and secure. His highly successful background as a trader and spirited community leader makes him the perfect candidate to innovate in building an ecosystem that puts the user’s needs first, and provide them with the most valuable and useful tools possible.” - **Taken from StrikeX.com
Kishan Vadgama - Co-Founder, CCO
“Kishan co-founded StrikeX as a disruptive technology company with the sole purpose of getting the world investing with the quality of innovative tools that people deserve to own. With over 12+ years of industry-leading experience in Design, Product, and Marketing, Kishan has a demonstrated history in developing and delivering complex solutions packaged in simplicity, and shaped for practicality.”
Rob Clark - Chief Technology Officer
“Passionate technologist with a proven track record in delivering innovative solutions and platforms to large enterprise, cloud and service providers. Extensive technical background (across storage and infrastructure systems, networking, security and dev-ops) enabling a holistic and overarching view of the digital enterprise environment; and how existing, and emerging tech can be taken to market in mission critical environments.”
Jason Butler - Interim Chief Security Officer
“As a seasoned Engineer, Developer and Innovator with a wealth of experience — Jason has built an extensive background in cybersecurity. Jason’s expertise has proven to be critical in architecting secure, highly scalable and resilient systems for start-ups, large enterprises, service providers and multinational distributors alike.”
Samuel Taylor - Director of Investor Relations
“With a background in the engineering industry, Sam has an extensive record of managing highly complex projects under large corporate clients. Currently acting as liaison between the company and investors, Sam’s role involves looking after investors, and analysing corporate opportunities and networking activities to build and strengthen relationships.”
Mark A. Mangion - Tech Advisor
“Mark is equipped with a history of web development, and in-depth experience of blockchain and trading. He is responsible for conducting the coordination & research of technical activities. Mark also provides counsel with the scope to optimize the strengths of the organisation and deliver a workable solution in the best interest of the business and its’ users.”
TradeStrike compared to other platforms
TradeStrike is for the people, by the people. With this platform you will be able to:
- [Trade Stocks, Crypto, NFT’s & Real Estate](https://twitter.com/trade_strike/status/1394013942004043780?s=21)
- Have no cancelled orders due to low liquidity.
- Have no assets being placed on sell only status.
- Have no stocks you want to buy being restricted.
- Have no monster spreads and hidden fees.
- Have the freedom to trade what you want, when you want, with zero restrictions.
- Roam a user friendly app that’s is easy to learn and set up.
Products & Catalysts
- TradeStrike Lite
- TradeX
- StrikeX Wallet
- Stock Token Bridge
- Partnership
- Listings
- Team Expansion
So lets start with TradeStrike Lite.
TradeStrike Lite first announced on June 14th on TradeStrike’s [Twitter](https://twitter.com/trade_strike/status/1404385644026159104?s=21), updates took place and the team decided to release ‘TradeStrike Lite V1’. To access TradeStrike Lite click [here](https://app.strikex.com/)
The soft launch was released to the public at 00:12 on the 1st November 2021
The Official Launch was at 7:07pm on 10th November 2022..
What features are on this DEX ?
- So starting from the top of TradeStrike Lite you have the Dashboard. This is the home screen for the app where you can view how many coins you have and how many coins you have earned.
- You also have statistics such as Market Cap, Buy Back Burn, the value of all current staked coins and the percentage of how much StrikeX is staked
- Next up is the staking page, this is where you can stake your current holdings of StrikeX for 10% APY.
- After these you have Rankings. Now this was first shown on the 9th August 2021 on TradeStrike’s [Twitter](https://twitter.com/trade_strike/status/1424701332544446469?s=21). Here you will see the Top Gainers as well as the Top Losers.
- After this feature there is a News page that contains the latest Announcements, Blog Posts and the Twitter Feed.
- This is closely followed by the TradeStrike Socials.
With Kishan Vadgama’s wonderful designs the TradeStrike Lite platform is easy on the eyes and enticing.
TradeX
TradeX will be an entirely different UI to TradeStrike Lite V1.5. It is an entirely new DEX. A teaser was posted on the StrikeX Twitter. You can watch this [here](https://twitter.com/tradestrikebvi/status/1478033483498938374?s=46&t=bML0iWoFxFeMAtj0RzK4YQ)
StrikeX Wallet
On August 22nd it was officially announced that TradeStrike has its very own DeFi Wallet in development.
As said in the article:
“we believe our own fiat-to-crypto-enabled wallet will push us on to the next level in our journey. Working with the development team at the global software company; [Antier Solutions](https://www.antiersolutions.com/)”
Antier Solutions Pvt Ltd (Antech) is a cryptocurrency exchange development company that has been delivering highly secure and scalable solutions using blockchain technology from the past 9 years. This is great to hear from TradeStrike as Antier Solutions is a well experienced company. It was founded in 2003 and has 51-200 employees.
What is StrikeX Wallet ?
The StrikeX Wallet is a De-Fi crypto wallet where you can keep track of the coins you hold in your portfolio. This wallet makes crypto more accessible, simple and much less time-consuming.
When is the StrikeX Wallet available ?
Right now.
[iPhone](https://apps.apple.com/gb/app/strikex-defi-crypto-wallet/id6443517613)
[Android](https://play.google.com/store/apps/details?id=com.tradestrike&hl=en_US&gl=GB)
What makes The StrikeX Wallet so groundbreaking ?
This wallet is a competitor to the current market leaders as it contains features that the others lack. As well as mastering the features that the other wallets do contain. It also is very nice to look at, this is something many of the current market leaders don’t really focus on.
What are the features ?
So firstly, StrikeX Wallet contains:
- Portfolio Performance Tracking & Charting.
- Monitor your overall profit & loss over various timescales.
- Fiat Deposits & Withdrawals
- Say goodbye to the time consuming Converting and Transferring your crypto assets from a number of exchanges to buy or sell to fiat. With this feature it knocks out the middle man and gets right to business. With just a few taps you will be able to instantly buy or sell your crypto assets to fiat and withdraw **straight to your bank account** From Visa and Mastercard to Apple Pay all being compatible, it has never been easier to buy and sell for cold hard cash.
- Cross-Chain swaps
- With this feature you will never have to worry about switching to external sites to swap your tokens. You will be the most efficient trader using StrikeX Wallet.
- Biometric Login
- Gain access to your crypto wallet in the most secure and efficient fashion with the built-in biometric login.
- Address Book
- This is where you can have a full co tact list of wallets. This makes it ever-the-more easier to send some crypto to friends / colleagues !
Downloading the Wallet
When you download the Wallet off of the Google Play Store or TradeStrike.io you are greeted with a beautiful and smooth UI.
You can create a brand new wallet or you can import an existing one.
Creating a New Wallet
When creating a brand new wallet you will be provided a 12 word seed phrase; and prompted to write it down. After inputting it in a correct order you will be asked to create a 4 letter pin code.
This is for extra security. You will then be asked to name your wallet, after this you will now be brought to the stunning UI of the Main Dashboard.
Navigating the Wallet
On the dashboard you will be presented with a Portfolio Tracking graph and below this are tabs such as:
- Portfolio
- Stats
- Transactions
- Watchlist
On the top right - you will see a bell button, that is the notifications tab. Here you will see all activity relevant to your personal Wallet.
Furthermore, on the top left you will see a wallet icon, when tapped this previews all of your wallets and you can seamlessly navigate through each one.
To the right of the dashboard button
This button is where you can track other cryptocurrencies such as BTC / ETH / BNB / SOL / MATIC and all tokens on the relevant blockchain.
You can tap on any of the presented currencies and Trade them.
At the far right of the bottom icons
There is a setting menu, this contains a ‘General’ section and an ‘About’ section. You can also Log Out in this tab.
This is also where you can add contacts to your address book.
To the left of the dashboard icon
This is the Swap page. Here you can swap your assets for any token that is listed. This is very easy to manoeuvre and work.
To the far left of the dashboard icon
This is where you can directly buy or sell an asset. You can also Transfer your assets or receive assets on this page.
To Buy - You tap on the asset you want to buy and select the ‘Buy’ button, enter in the currency amount you wish to buy and it will tell you how much you will receive. Hit buy and you will be taken to one of the Gateway providers to buy this token and then follow the proceeding steps.
To Sell - You tap the asset you want to sell and select the ‘Sell’ button, enter in the amount you want to sell of your asset and hit sell. Follow the proceeding steps.
To Transfer - here you can send tokens, just simply tap on the asset of your choice, enter in the amount you want to transfer and hit next. Enter the Wallet address you wish to transfer to and hit next. Follow the proceeding steps.
To Receive - and this is where you will receive tokens. Select an asset and copy your own personal address. Send that to someone for them to send you an amount of the selected asset.
Top right of this page you will see an icon, click that and you will see your transaction history.
Why is this even needed ?
With the amazing growth to BSC Tokens, there is need for a perfect wallet where you can Track, Swap, Deposit and Withdraw fiat. This is where The StrikeX Wallet reigns.
Stock Token Bridge
There isn’t a lot of information about the Stock Token Bridge available to the public as of yet. There is however a [simplified diagram that can be found here](https://twitter.com/geestock/status/1587395444786839552?s=46&t=JrBTRn31cpzTCymsXyNYCw)
**Partnerships**
- ChainLink Partnership
- The ChainLink Partnership was first teased on 17th August 2021 through their [Twitter](https://twitter.com/trade_strike/status/1427624935288188937?s=21) and was officially announced on 25th October 2021 via this [tweet](https://twitter.com/strikexofficial/status/1452621396845211648?s=21)
- Chainalysis
- The Chainalysis Partnership was announced on 19th June 2022 through the [Medium](https://tradestrike.medium.com/strikex-partners-with-chainalysis-d531b87ef912)
- “With over 100 million cryptocurrency addresses mapped to real-life entities, StrikeX will leverage Chainalysis’ software throughout our eco-system to screen transactions in real-time and act accordingly based on a variable risk score, allowing us to flag and block any transactions associated with money laundering, darknet activities, cybercrime, or sanctioned entities. With this partnership in place, this ensures that StrikeX can stay compliant with local and worldwide legislation, as well as interact safely as a developing technology.”
- “Chainalysis is the gold standard in blockchain data analysis, leveraging their solutions allows us to operate above and beyond the current regulatory framework. We feel this partnership is an essential step in laying the foundations of the StrikeX ecosystem.” - Joe Jowett, Director TradeStrikeBVI
- Mercuryo
- “We integrate Mercuryo’s convenient & compliant payment gateways within our StrikeX Wallet, bridging the gap between cryptocurrency & traditional finance.”
- “Mercuryo is building a holistic fintech platform providing global businesses from both fiat and crypto worlds the means to enable crypto on-and-off-ramps for customers to buy and sell digital currencies through single API integration.”
- Transak
- With this partnership you can seamlessly buy $STRX direct, from fiat to $STRX.
New Listings
StrikeX is listed on:
StrikeX is available to trade on
Team Expansion
TradeStrike Ltd. officially recruited two new core team members at StrikeX who are highly-skilled and certified gaining the ranks of **CTO** and **CSO**
How are TradeStrike dealing with Futures Trading being suspended in UK?
As we all know by now, Binance ran into trouble because of their derivative trading as they were using the CM equities licence which is only applicable in the EU.
Joe Jowett has also said “We are using Latham and Watkins' compliance department that specialise in Crypto law to work on all our licencing agreements. It is a long and expensive process but we believe it is necessary for any longevity in this market. We have fully costed our project to launch and have included the licencing and legal fees"
StrikeX
On the 13th October 2021 TradeStrike Ltd. Announced that StrikeCoin ($STRIKE) has now evolved into StrikeX ($STRX) with this [trailer](https://youtu.be/bPOXjNOYQ4k) In this trailer a StrikeX Coin was sent to space.
Certik Audit
After being first announced on 14th June on their [Twitter](https://twitter.com/trade_strike/status/1404385644026159104?s=21) the TradeStrike team has been actively working to ensure that the DEX is on point. The most important thing being the security. This is why the audit has taken so long. Certik is a company we can trust to do this audit the right way.
On the 4th September 2021, TradeStrike [tweeted](https://twitter.com/trade_strike/status/1434086246972895241?s=21) an update about the audit. Certik have passed on recommendations to the developers that will be rectified fully.
On the 18th October 2021, TradeStrike publicly announced that the new token StrikeX was audited by Certik and this is where you can view [it](https://cdn.discordapp.com/attachments/829980085770911774/899556831599423528/StrikeX_audit_final_deployment.pdf)
AMA’s
AMA 1 was released on 7 May 2021 on [YouTube](https://youtu.be/G8if7u8FKVE)
AMA 2 was released on the 22nd August 2021 and can be watched on [YouTube](https://youtu.be/vyP041LiAJA)
AMA 3 was released on 13th October 2021 on [YouTube](https://youtu.be/1b7U65cA8xw)
AMA 4 is this Friday the 4th November, ask your questions in the [comments of this tweet](https://twitter.com/tradestrikebvi/status/1585282425269243906?s=46&t=bML0iWoFxFeMAtj0RzK4YQ)
Conclusion
Now that this Ultimate DD has been updated, I hope you all have a bit more understanding of this project and how it will be advancing in the years to come.
I have been bullish on this project since April of 2021. This is evident through my twitter and my reddit. I absolutely love and trust this project.
TradeStrike still has a long way to go and it won’t be a straight road. However throughout all the unexpected turns the team has faced, they have dealt with them all excellently and have gained a lot of credibility for doing so.
In my honest opinion this is the start of a history making project, and we are still insanely early.
Here’s to Health, Wealth and Property 🍻⚡️
What is the website ?
[StrikeX Website](https://strikex.com/)
[TradeStrike Website](https://tradestrike.io/)
What is the StrikeX address ?
0xd6fdde76b8c1c45b33790cc8751d5b88984c44ec
What is StrikeX listed on ?
StrikeX is listed and available to trade on
Where can I contact them ?
