What is Voyager Token?

VGX is a popular altcoin among investors. However, before you Trade VGX, it is vital that you understand what you are investing in. Let's find out what's VGX and how it functions.

Voyager Token is a trustworthy and protected cryptocurrency broker that connects buyers and sellers of digital money. Voyager was developed to provide a fast and reliable service for trading cryptocurrencies to both individual and institutional clients.

Launched in October 2018, this cryptocurrency brokerage service presently accommodates 55 different cryptocurrencies and is linked to more than a dozen different exchanges via a proprietary smart order routing system. The Voyager Token mobile app was released in January 2019, making it even more convenient for users to trade cryptocurrencies on the go.

In the Voyager ecosystem, users are rewarded with Voyager Tokens (VGX), the brokerage's native currency. When kept in the Voyager app, VGX accrues interest, provides cashback benefits, and unlocks additional perks for its owners.

Voyager also provides a completely commission-free purchasing and selling experience. Traders who use the platform to execute orders pay nothing more than the price displayed for the order they wish to place.

How is the Voyager token different?

By emulating the user experience of more established online brokerages, Voyager has built a network for crypto trading that can compete with them. In 2019, Voyager released its mobile app, providing consumers with a simple yet powerful cryptocurrency brokerage service.

Voyager Token takes advantage of price differences across cryptocurrency exchanges with a Smart Order Routing system. Due to this technology, it is now possible to instantaneously connect with more than a dozen cryptocurrency exchanges, giving investors a wide range of options when selecting the most favorable exchange rate.

By comparing the margins between the ask and the bid prices and the liquidity levels of various cryptocurrency exchanges, investors may make more informed decisions. The process of entering and leaving trades becomes significantly less cumbersome for traders.

Despite its complexity, the platform is straightforward enough for even novice traders to exploit its potential. Voyager's Smart Order Routing facilitates the order submission process. Voyager's Smart Order Routing takes the user's selection of a cryptocurrency or token, the chosen order type, and the desired purchase quantity in US dollars and automatically fills out the rest of the order for them.

How many VGX tokens are there?

All Voyager Tokens have been issued, just like the native tokens of other crypto trading platforms. The high liquidity rate reported by brokers means that the maximum quantity of such tokens represents the circulating supply. At the time being, there are no intentions to increase the circulating quantity of VGX tokens beyond the current maximum supply of 222,295,208 tokens.

Network security

Tokens for the Voyager platform were distributed as Ethereum-based ERC-20 tokens. As such it can't be mined in the same way that other cryptocurrencies based on proof-of-work algorithms can.

The network is exceptionally secure since it uses Ethereum's tried-and-true cryptographic standards and procedures. Moreover, it uses elliptic key encryption and public key cryptography for added safety.

Voyager is a registered crypto-asset broker that is traded on public exchanges and recognized by the Financial Industry Regulatory Authority, Inc. (FINRA). Voyager's financial records are subject to public auditing for safety and compliance concerns.

Founders

Voyager Token's parent firm, Crypto Trading Technologies, is run by industry veterans with extensive background in online brokerage services. Stephen Ehrlich, Philip Eytan, Gaspard de Dreuzy, and Oscar Salazar all contributed to the project's inception.

The organization's current head, Stephen Ehrlich, is an industry veteran who made his name creating trading systems for stock and options traders. While previously serving as CEO of E*TRADE Professional Trading LLC, he founded Lightspeed Finance.

After working as a Telecom M&A analyst at Morgan Stanley and a portfolio manager at Cerberus Capital, Voyager Foundation Chairman Philip Eytan founded the organization. Pager, a digital healthcare firm, was co-founded by him. He was an early backer in Uber, Source, and Livestream, all of which are now highly successful companies.

Gaspard de Dreuzy is a member of the Voyager Foundation's board of directors. He has extensive experience in the financial sector, having begun his career as a Warner Music adviser. In addition to starting Kapitall, he created Trade.it and Pager

Oscar Salazar has extensive experience investing and building mobile apps based on the needs of the user base. He is widely recognized as the man who conceptualized and built the UBER platform and later served as its Chief Technology Officer. In addition to leading the digital healthcare company, he also helped create the company.

Where can you buy VGX?

VGX is available on the licensed cryptocurrency exchange CryptoForce and several other national and international exchanges.

Disclaimer: Cryptocurrencies are highly volatile and subject to market, technical, and regulatory risks. Crypto trading requires one’s own diligence, and Cryptoforce will not be responsible for any losses incurred. Any information provided here should not be regarded as Cryptoforce’s technical or financial advice