Please note: like most trading venues, we display the current mid-market rates in our price charts. When you trade, you get the current bid or ask price depending on whether you are buying or selling. There is always a slight difference between the mid-market and the current bid or ask prices. This is a natural result of how Exchange order books work.
Past Performance is not a reliable indicator of future results. Learn more about asset risks. Pricing data is provided by Uphold. Trading Fees Apply. Visit our fee schedule for more information.
ICE Describes Itself As
A Layer-1 (L1) blockchain platform designed to decentralize the internet by providing users with control over their data, identity, and digital interactions. Launched in July 2023, ION aims to address the challenges of centralization, data privacy, and ownership prevalent in today's digital environment.
Project Function
ION is built upon the legacy of The Open Network (TON) blockchain incorporating key features such as:
Token UtilityÂ
ICE is the native token of the ION blockchain which is used to pay for transactions/gas fees on the network, staking by validators to secure the network and process transactions, and rewards to stakers.
About The Founders
Alexander Iulian Florea is the founder and CEO of ION and previously the Co-Founder of Framey, a mobile application built to fully personalized travel itineraries. Robert Preoteasa is the COO and CEO/Co-Founder of ION who previously held the position as Co-Founder of Framey.
Risks of ICE
Like an investment in other crypto assets, there are some general risks to investing in ICE. These include: (i) volatility risk and liquidity risk, (ii) short history risk, (iii) demand risk, (iv) forking risk, (v) code defects, (vi) regulatory risk, (vii) electronic trading risk, and (viii) cyber security risk. For additional information of these and other general risks associated with crypto assets and Uphold’s platform, please refer to the Risks Specific to Holding Digital Assets statement.
In addition to these general risks, an investment in ICE is subject to the following specific risks:
We emphasize that this Crypto Asset Statement is not an exhaustive description or summary of all risks associated with ICE. Investors should conduct their own research and perform their own assessment before trading any crypto asset to determine the appropriate level of risk for their personal circumstances.
The ICE community and Ice Labs founding team are not under any legal or regulatory obligation to disclose material information to the public regarding its activities. Holders of ICE have no recourse to the ICE community, Ice Labs founding team, or Uphold if ICE declines in value for any reason.
Changes to applicable law may adversely affect the use, transfer, exchange, or value of any of your crypto assets, and such changes may be sudden and without notice.
Uphold’s Evaluation Process
Prior to listing ICE on the Uphold Platform, Uphold performed due diligence on ICE and determined that ICE is unlikely to be a security or derivative under relevant securities legislation. Uphold’s analysis including reviewing publicly available information on the following:Â
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