What is TradeTex
Tradetex : TradeTEX, a commission-free exchange with its own native cryptocurrency, the TDX token.
Tradetex is a wallet, exchange created to simplify
all operations and make them more convenient for all crypto currency conversions.
TradeTEX is a zero commission crypto currency exchange with decentralized account
balances that governs itself autonomously. TradeTex is driven by blockchain technology.
Right from the use of its own cryptocurrency to eliminate transaction fees,
to storing account balances in a decentralized smart contract and allowing
its traders & investors to participate in different investment plan, everything
that makes TradeTex revolutionary is only made possible by embracing the
disruptive power of new blockchain technology that until very recently didnât
TradeTex Exchange has its own native cryptocurrency, called the TDX token. Traders speculate on the price of Alt coins against the US dollar, where 1USD = 1TDX. The tick value of each TradeTex market is 1 TDX token, i.e. one needs TDX Tokens to participate in all investment plans which includes Staking, Alt coin Mining & Trading different cryptocurrencies. All trading profits and losses are denominated in TDX tokens. Margin requirements are payable in TDX tokens and traders account balance, deposits and withdrawals are also denominated in TDX tokens. Therefore, traders must own TDX tokens to trade on TradeTex commission-free, trustworthy exchange, which creates demand for the TDX token.
TradeTex gives you an opportunity of Trading and Earning in
two different segments:
(1) First by investing in different investing plans of TradeTex with auto generated fixed return along with trading option.
(2) Secondly, by trading TDX coin and all other Crypto coins with TDX tokens. TradeTEX has come in the market to win peopleâs trust and faith as people have a lot of concerns regarding new ICOs that if they will buy ICO tokens then their hard earned money will get blocked for quite long time, whether theyâll get good returns or not, what is the future of a new ICO and many more but TradeTex makes it simple and transparent by giving an option of buyback as there is no time bound during initial offering. ICO investors & traders can give their TDX Tokens back to the company at fixed price at phase 2 of token sale.
PHASE 2 - Withdraw TDX at 0.75$/TDX.
PHASE 3 - Withdraw TDX at 0.75$/TDX.
*After completing ICO token will be listed first on Tradetex exchange at 1.00$/ TDX*
Lets have a LOOK
How does TradeTex Works: Â TradeTEX, is a commission-free exchange with its own native crypto currency, the TDX token. Trade Tex is the first ever Crypto currency that provides exchange without any commission. This means you can do trading, buy orders as well as sell orders without any fee.
* Now Question arises*Â
* By charging no commission from traders how would an Exchange Survive & even giving good returns to investors?
* How does the Tradetex Exchange gets Return & Profit?
Answering by just a simple mathematical calculation :Â
Tradetex will not charge any commission inÂ Long Term Trading & Virtual TradingÂ where investor has to trade with full amount, but charges a small fixed amount of 2TDX token inÂ Margin tradingÂ where trader's are using leverage of 4X of his investment for Trading alt coins.Â And even This Commission is also equally distributed among TDX share holders quarterly as Dividend,Â so overall nothing will be charged
Now simple calculation (just for analysis)
o Total amount of TDX Coin = 35 Million
o Tradetex Team Holding coins = 20% of total coins.
o Lets have 25000 trade contracts in one day = 50000 TDX as Commission (25000 is minimum On other exchanges it goes up to 1 Million trades in a day)Â
o 100 days = 5000000TDXÂ
o 1TDX = 1USD
o 5000000TDX = 5000000USD
o Of the Â company holding is 20% so the company will get 10,00,000$ as dividend quarterly and this is enough to operate an Exchange.
Regarding profitÂ :
Â When people starts taking part in investment plans offered by Tradetex Exchange they have to give back there TDX tokens to the company so eventually company stake rises from 20% to 30% or might be 40%. so the company will get more dividend quarterly which comes under profit.
About RETURN: Â As, supply of TDX token is only 35 million and one needs TDX Tokens to participate in all investment plans which includes Staking, Alt coin Mining & Trading different crypto currencies. All trading profits and losses are denominated in TDX tokens. Margin requirements are payable in TDX tokens and traders account balance, deposits and withdrawals are also denominated in TDX tokens. Therefore, traders must own TDX tokens to trade on TradeTex commission-free, trustworthy Exchange, which creates demand for the TDX token, creating increased demand for TDX tokens that offsets inflationary cost of tokens which automatically gaves profit to all holders. Traders on TradeTex can start trading immediately without the need to submit their name or identity documents of any sort. As an offshore exchange that accepts only TDX tokens, TradeTex is not bound by intrusive, ineffective and pointless KYC/AML regulations that intrude on our usersâ privacy and which put them at risk of identity theft by making the exchange a target for hackers seeking personal information. The best way to protect our users personal data is not to collect that data in the first place.