I do not own WCX tokens (yet). This project has a number of reasons why I'm going to invest (why I'm buying their token) and why I'll be using their exchange for trading which I'll touch on below.
What is WCX?
Global Low-Cost Digital Currency Exchange
Stop putting up with lousy exchanges.
WCX offers a pro experience with 10x lower fees.
The kicker
- Not only a very attractive dividend structure, but also
- You can either keep your WCXT in your WCX wallet on the exchange or in an ERC20 compatible address (like MyEtherWallet) that you securely link to your WCX wallet.
Links
- Non-Affiliate link: https://wcex.co/
- Affiliate link (you get an extra 15% when purchasing WCX tokens):
https://wcex.co/?ref=jaOn8TjW
Important Notes for potential investors
- I am not an advisor, this is just my opinion
- At the ICO, 10 WCXT = 1 USD.
- The ICO is the only time WCXT will be issued and offered to the public.
- By the time the ICO begins (currently in Pre-ICO stage), WCX will have a fully functional product, so you'll know exactly what to expect before deciding whether or not to participate in the token sale.
Extensive whitepaper
https://ico.wcex.co/whitepaper?lang=en (I recommend all to read this in its entirety).
Tokens
What are WCXT (WCX's token)?
As a holder of WCXT, you're entitled to receive a share of WCX's revenue.
20% of all revenue generated by WCX is automatically paid out to WCXT holders, in amounts based on each holder's share of the total amount of tokens.
As an exchange, WCX collects fees in many digital currencies – which means that WCXT holders are paid in many different digital currencies. Holding WCXT is hence equivalent to holding a passive income portfolio of diverse digital currencies.
Payments will be made on a monthly basis. To receive payment, you can either keep your WCXT in your WCX wallet on the exchange or in an ERC20 compatible address that you securely link to your WCX wallet.
Key Dates
- Sep 1, 2017: Private Beta Launch. 5,000 people from 30 different countries will be selected for the WCX Beta Program.
- Oct 1, 2017: ICO begins. During the ICO (Initial Coin Offering), you’ll be able to buy WCX Tokens with BTC or ETH. This is the only time WCX tokens will be issued and sold by WCX.
- Oct 10, 2017: Launch. WCX opens its doors to the public.
Tiny fees for everyone.
WCX offers an enviable cost advantage. Just 0.1% net per transaction, and you get paid, not charged a fee, if you’re a maker.
WCX's Purpose/Vision
To become the largest (and most loved) digital currency exchange in the world.
Compliance
Above all, WCX aims to provide an honest and ethical service. WCX will comply with all laws and regulations in the jurisdictions it serves.
Continue the discussion
These are just a few of the standout features for me. I'd love to hear others opinions, comments and questions about WCX.
I'm trying to improve my posts to be more valuable to people so if you have any feedback please leave a comment below and if this has given you some insight please upvote and share by resteeming if you believe others could also benefit.