Ternion is a hybrid crypto exchange with a fiat gateway and integrated merchant services. The Ternion Exchange is a regulated, licensed and centralized entity which allows crypto to crypto, fiat to crypto and crypto to fiat trading. In the post ICO stage the exchange will become hybrid. It will facilitate a decentralized exchange with a centralized one. The Ternion Payment Processor is a payment gateway that can be implemented at the discretion of a vendor and it issues cards to its users. The users can also use the debit card to pay the vendors. Vendors can choose to receive fiat or cryptocurrency for the goods and services by implementing the Ternion API into their payment method. This is made possible due to the integration of the Exchange into the system. The Ternion Liquidity Fund supports two business models and is the back bone of the Exchange and the Payments Processor. The Fund is also responsible for buying back the tokens utilizing a quarter of the company’s profit and burning them to combat inflation. The Fund also stores another quarter of accumulated funds to have available liquidity for the future expansion of Ternion globally.