Blockonix has committed provide us the lowest cost trading fee and exchange platform that will make our experience much better than our previous exchanges like EtherDelta, Idex and ForkDelta. This platform is more user-friendly and cost-effective and they allow the user to trade Ethereum as well as Ethereum based virtual assets & Tokens and according to their team member said it is a new way of payment gateways and exchanges for novel aim in the field of Crypto trading.
They have also committed to reducing the trading fee 1% to 0.03% that will be the lower trading fee with its competent exchanges with having one condition user just have to use their token for trading. An FQA question comes in our mind how they are charging less fee-
Well, Actually they have developed a cost-effective and good technology which enables them to cut
extra operational charges without doing any kind of sacrifices with our security and functionality.
It was formerly known as BitIndia, a platform that is designed for Indian crypto traders. They had decided established this platform in India which will be a pure decentralized but after the negative decision from Reserve Bank Of India (RBI) most of the people who had BitIsindia tokens had them replaced with BDT tokens and according to Blockonix statistics 170 million tokens burned permanently, now only 10 million BitIndia tokens are left.
This platform is totally different from any centralized exchange where we have to include middle man but on this platform, the trading is made by smart contract or atomic. They will reduce the trading, as a result, more people will engage with it.
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