Tradecoin: Multi-chain Decentralized Trading Ecosystem
The Tradecoin whitepaper was written and published by the core team in 2025 against the backdrop of the rapidly growing global digital asset trading market, aiming to address pain points in efficiency, security, and interoperability of existing trading platforms.
The theme of the Tradecoin whitepaper is “Tradecoin: Decentralized and Efficient Digital Asset Trading Protocol.” Its uniqueness lies in proposing cross-chain atomic swaps and off-chain matching mechanisms to achieve high-speed, low-cost decentralized trading; this provides a safer, more transparent, and scalable infrastructure for digital asset trading.
Tradecoin’s original intention is to build a truly decentralized, user-controlled digital asset trading ecosystem. The core viewpoint of the whitepaper is: by combining decentralized identity, cross-chain interoperability, and efficient off-chain matching, it is possible to achieve trading efficiency and liquidity comparable to centralized exchanges while ensuring asset security and privacy.
Tradecoin whitepaper summary
What is Tradecoin
Friends, imagine when we deposit money in a bank, or exchange it for gold or stocks, aiming to preserve and grow its value. In the blockchain world, there are similar ideas. Tradecoin (TRD for short) appeared in 2018 as a digital token based on Waves DEX (decentralized exchange). You can think of it as a “digital asset manager,” whose goal is to hold multiple mainstream cryptocurrencies (such as Bitcoin, Litecoin, Ethereum, etc.) as reserves, much like a fund manager managing a basket of assets.
The core idea of this project is to increase the value of Tradecoin itself by holding these valuable crypto assets and adopting a “deflationary model,” and ultimately share this growth in value with its holders.
Project Vision and Value Proposition
Tradecoin’s vision is to establish an ecosystem in the cryptocurrency market that supports various blockchains by running mining nodes on multiple chains, thereby increasing the value of crypto assets and sharing this value with token holders.
The core problem it aims to solve is to provide blockchain-based solutions to address real-world challenges. To use an analogy, it doesn’t just want to build a car, but to pave a brand new, decentralized road for that car, so everyone can travel more smoothly in the digital world.
Unlike some projects that raise funds through Initial Coin Offerings (ICO), Tradecoin explicitly states that it is a “non-ICO token,” meaning it was not publicly offered but funded internally by team members.
Technical Features
Tradecoin is a token issued on the Waves DEX platform. Waves DEX is a decentralized exchange that allows users to trade crypto assets directly without going through a centralized institution.
The project also mentions running mining nodes on multiple blockchains and synchronizing with the Waves blockchain for forging (one of Waves’ consensus mechanisms, similar to mining) and mining. This indicates a technical attempt to participate in the maintenance and security of multiple blockchain networks.
Tokenomics
Tradecoin’s token symbol is TRD.
It adopts a “deflationary model,” meaning the total supply of tokens may decrease over time, theoretically helping to increase the value of each token.
According to project information, Tradecoin’s total supply is 1,000,000,000,000 TRD (one trillion).
This project is a non-ICO token, and its internal presale ended on December 5, 2018. Interested users could acquire Tradecoin tokens directly on Waves Dex.
The main use of the token is as a store of value, increasing its own value by holding multiple cryptocurrencies and ultimately distributing it to holders.
Team, Governance, and Funding
Regarding the team, Tradecoin’s funding was raised internally by the founder, co-founders, and other team members through consensus, rather than through a public ICO.
The project materials do not detail the specific governance mechanism, but its “non-ICO” nature suggests that early decisions were likely dominated by the core team.
Roadmap
Here are some key milestones for the Tradecoin project in 2018:
- November 15, 2018: Tradecoin ($TRD) project announced for the first time in an internal WhatsApp group.
- November 16, 2018: Telegram and Discord channels created for news and announcements.
- November 17, 2018: First trading pair, Tradecoin-Litecoin, opened on Waves DEX.
- November 18, 2018: Twitter and Facebook channels created.
- November 20, 2018: Presale information announced among internal team members.
- November 25, 2018: As a promotional airdrop, 2500 TRD distributed to Redfishcoin holders.
- December 2, 2018: Started Waves blockchain synchronization for forging and mining Waves.
- December 5, 2018: Internal team presale ended, raising 801.81287787 Waves.
- December 12, 2018: Tradecoin listed for the first time on crypto price tracking site Coin Codex.
- December 13, 2018: Tradecoin website went live publicly on GitHub.
The project also mentions that blockchain technology is developing rapidly, and the development team will continue to strive to achieve more goals, provide solutions to real-world problems, and reach more milestones in the future.
Common Risk Reminders
Friends, understanding any blockchain project is like understanding an investment—you need to be alert to potential risks. Here are some common risk points:
Technical and Security Risks
- Platform Dependency: Tradecoin is a token based on the Waves DEX platform, meaning its security and stability are partly dependent on the overall performance of the Waves blockchain. If the Waves network encounters issues, Tradecoin may also be affected.
- Smart Contract Risks: Although the project mentions providing blockchain solutions, any smart contract may have vulnerabilities that could lead to asset loss.
- Project Activity: As a 2018 project, attention should be paid to its current development activity, community support, and whether there are ongoing updates and maintenance.
Economic Risks
- Market Volatility: The cryptocurrency market is highly volatile. As a crypto asset, Tradecoin’s value is affected by overall market sentiment, macroeconomic factors, and its own development.
- Liquidity Risk: If a project has low trading volume, it may be difficult to quickly buy or sell tokens when needed—this is called liquidity risk.
- Deflationary Model: Although a deflationary model can theoretically increase value, the actual effect depends on many factors, including project development and market demand.
Compliance and Operational Risks
- Regulatory Uncertainty: Global regulatory policies on cryptocurrencies are still evolving, and future policies may impact project operations and token value.
- Information Transparency: Early-stage projects may lack transparency in team composition and fund usage, increasing investor risk.
- Name Confusion: There are multiple projects named “Tradecoin” or abbreviated as “TRD” in the market, which may cause information confusion and require careful identification. For example, there are recent mentions of new projects like “TRD AI DePin Network,” which may be completely different from the 2018 Tradecoin.
Please remember: The above information is for reference only and does not constitute any investment advice. Before participating in any cryptocurrency project, be sure to conduct thorough independent research (DYOR - Do Your Own Research).
Verification Checklist
When researching a project in depth, here are some links and information you can verify yourself:
- Official Website: Look for the latest official website, which usually provides the whitepaper, team information, and latest updates. According to existing information, the 2018 Tradecoin website was tradecoin-token.github.io.
- Whitepaper: Read the project’s whitepaper carefully to understand its technical details, economic model, and development plan.
- Block Explorer: Find the TRD token’s contract address on the Waves blockchain; you can view token supply, transaction records, and holder distribution via a block explorer.
- GitHub Activity: If the project claims to be open source, check its GitHub repository for update frequency, code commits, and community contributions—this reflects development activity.
- Social Media and Community: Follow the project’s Twitter, Telegram, Discord, etc., to gauge community discussion, official announcements, and team interaction.
- CoinMarketCap/CoinGecko: Check TRD token price, market cap, trading volume, and historical data on these data sites, and pay attention to the project links and information they provide.
Project Summary
In summary, the 2018 Tradecoin ($TRD) project is a token based on the Waves DEX platform, with a core concept of creating value for holders by holding multiple crypto assets and adopting a deflationary model. It was launched through internal fundraising and a series of marketing activities, aiming to build a decentralized ecosystem to solve real-world problems.
However, given the rapid development of the blockchain field and the ambiguity of the name “Tradecoin,” you need to pay special attention to distinguishing different projects during your research. For example, there are recent discussions about “TRD AI DePin Network,” a new project combining AI and decentralized physical infrastructure networks (DePIN), whose technical features and tokenomics differ significantly from the 2018 Tradecoin.
For any blockchain project, especially early-stage ones, long-term development, technical implementation, community support, and market performance all require ongoing attention. Before making any decisions, be sure to conduct in-depth research yourself and consult a professional financial advisor. This is not investment advice.
For more details, please research independently.