Ferrum Network is a decentralized blockchain network operating on a similar principle to the Ethereum or IOTA network, but with its unique innovative capabilities.
It is more versatile, as you can exchange tokens and coins among themselves from different networks and without restrictions. It can be ether, bitcoin, tokens of ERC-20 standard or other standards and blockchain networks.
This approach makes the Ferrum Network a more flexible system, taking into account the needs of different customers and using the features of different platforms, working as a regulator and at the same time without a centralized Manager, in a free and decentralized blockchain network.
To improve the reliability and security of exchange processes, the ferrum Network development team will use its own token on the blockchain, whose task is to perform all the functions of exchanging cryptocurrencies among themselves.
Such a system will not allow fraudsters to fraud and deception, making the platform more stable and secure.
All transactions will be executed as quickly as possible for the full convenience of users, simplifying payments, improving trust and transparency to the Ferrum Network ecosystem.
In terms of functionality and capabilities Ferrum Exchange is no different from the centralized top exchanges such as Binance or Bittrex.
But still there are significant differences that make Ferrum Exchange a necessary tool for anyone who wants to trade on the exchange safely and comfortably. One of these differences is the decentralization of the Ferrum Network platform itself. This is a very important point, which means that the exchange will not store your assets in their wallets.
When you make a Deposit to a centralized exchange, they are stored in their wallets, the exchange has full access to your assets and private keys. At any time they are able to freeze or liquidate your account with the possibility of confiscation
all your assets and the transfer to third parties, which may be government officials or hacker groups, the latter option should not be excluded.
The Ferrum exchange operates on a different principle, it does not store your assets at home without having access to them, and your private keys are also at your disposal and are not available to the exchange. You have full access to your data.
The DAG ledger
DAG is a decentralized Ledger, the blockchain is similar to a system but are used for quick
transactions with minimal network fees and a complete lack of miners.
Thanks to its innovative structure, Ferrum Network can communicate with any blockchain network.
Decentralized Proxy Tokens
Provision of data exchange services using digital tokens.
High Frequency Trading
Support for the ability to move assets outside the blockchain network, where transactions and transactions will be carried out with minimal cost.
The FRM Token
Tokens frm are used as fuel in a network of Ferrum Network and burned with each transaction.
Ferrum Network without any problems import/export cost, including Fiat currency.
Bitcointalk ANN: https://bitcointalk.org/index.php?topic=5134952