We will take on Resonance Trade
After the IEO heat, Resonance Trade is going to be a new wave to drive Token price rise.
Before we explain what is Resonance Trade, we would first show you what happened to the price of VDS, the token which first introduced this concept in crypto world.
The price of VDS has raised more than 10 times over the last two months.
White paper link of VDS https://file.globalupload.io/t6Uvc5wPIE.pdf
What is special about VDS is it has also introduced Resonance Trade which is quick explained by two youtube videos below
Resonance Trade and the Resonance V-Pool Structure (4 min)
VDS Perpetual Development Mechanism Resonance Trade (17 min)
For short, the Resonance Trade is trying to introduce a perpetual movement of exchange of two specific tokens. This is a new way of crypto trade experiment, but so far it was able increase the value of VDS and some said also had positive effective to BTC prices. Yet it is too early to make any meaningful conclusions and from an investment perspective the risk of trying to start trading VDS is certainly much higher now.
But from BiUP team’s point of view, regardless of what resonance trade will bring to us, we see inefficiency in the manual way of executing Resonance Trades ( You would understand what we mean by watching the 17 min video above). And so here is our answer to your call: we are going to introduce a simplified Resonance Trade service on a new Resonance token called HDS, which was set in resonance with HT from Huobi.
By using “HDS One-Key Resonance” function in BiUP, you won’t need to download the official wallet of HDS, and no need to make redundant token transfers, but you can still immediately trade HDS for profit.
We are here try to help you catch on the fast train to understand and potentially make a big profit on this Resonance wave.
Please check it on BiUP mobile app top banner!
May 11, 2019