Nov 23 2019
DACX (Digital Asset and Commodity Exchange) give you a chance to get more income from your referral friends’ transaction. Every single transaction from your referral friends, you get a 50 % commission. As usual, before the event, you only get a 25% commission from your referral friend’s transaction. This time, this event, you get a more 25% commission. This event occurs until May 1st, 2020.
Before I start to explain to you how to get your commission from your referral friends’ transaction at Dacx and what Dacx is. You all who don’t know about cryptocurrency, blockchain, and some other stuff that still have relation about that. I will give you some basic information and explanation which they have some correlation about this core article going to talk about.
We hope that the explanation in this article will help you find out about the world of cryptocurrency. It may go to be easier to know for you if I explain the stuff with light definition and may give some analogy to help you to understand. Nevertheless, you still don’t have a deeper meaning about that, at least you know the red-line of cryptocurrency worlds. It is going to be better if you know how that stuff works in our real-world society.
It may easier for you to know cryptocurrency first before we jumped into the blockchain. Cryptocurrency is a digital money currency that was made for economic activity—transaction purposes. There are up to one thousand cryptocurrencies that were made until now. The top three popular cryptocurrencies and you might ever hear—Bitcoin(BTC), Ethreum(Ether), and Ripple(XRP). It sounds similar to digital money that you are used to buying some stuff in a mall or online shop, right?.
The conventional money that we ever use or even still for doing some transaction back in the day like coin or paper money was transformed into digital money for a simple reason. This is the thing that cryptocurrency is different between digital money. That we usually use for doing transaction—cryptocurrency is no longer has a rule from the third party and use peer-to-peer system (through from buyer to seller). Every single cryptocurrency transaction that people made was saved in the blockchain. I will go to explain to you about blockchain at the next point in this article.
A simple example of what is make cryptocurrency is different—
Let’s say when you used your debit card for buying some stuff like clothing or coffee at the mall. The transaction needs a third-party (in this situation is a bank) to make sure your transaction done well.
The buyer gives their conventional money to third-party for transforming their regular money to digital money. After third transforming buyer’s accepted payment, the buyer can use their digital money for buying some stuff. The buyer buys some thing from a seller with digital money and transaction done. After the transaction is done, the third-party has to send the buyer’s money from the buyer’s account to the seller’s account.
In this case, the seller and buyer must agree and carry out their responsibilities from the rules, conditions and agreements of the third party. Third-party be able to make a benefit from a transaction like give a charge from buyer and seller for every transaction that they made, the buyer has to pay a monthly payment for the administration fee and etcetera. However, the transaction can’t work without third-party participating.
In cryptocurrency transactions, you don’t have to face that case for doing the transaction because buyers can directly send their money to the seller without third-party participating. Other people inside the blockchain recorded every transaction that buyers and sellers made.
For of you who becoming more interested in cryptocurrency might thinking—how do I get cryptocurrency, and how do I save them?. You can easily buy and keep your cryptocurrency in an online exchange platform like DACX (Digital Asset and Commodity Exchange). Then make an account on the website and buy cryptocurrency. Even you can still buy a small scale of cryptocurrency like 0,00001 BTC. You can see your amount of cryptocurrency on the site.
What Blockchain is?
Blockchain is spread massively computerized that recording every single cryptocurrency transaction from people to other people. In conventional transaction mode, blockchain is more like a bank that we used to save our traditional money and use the money for doing the transaction. The difference—the bank has a centralization system recorder. And blockchain has a decentralization system recorder. This means if we save our conventional money in the bank, the only one who knows our transaction history is only the bank. In the blockchain, every single person inside the blockchain able to know what other people’s transaction history.
Blockchain should be safer than a conventional system because if one of the million computers in the world that save the transaction history from people got hack by a hacker, It doesn’t have an impact at all. The hacker needs to hack a million computers in the world to mess a transaction system. Imagine if we save our money in the conventional system—for example, in the bank, and let’s say the bank got trouble connection. We are unable to do the transaction and wait until the system has been done from recovery how the business transaction got ruined by trouble’s third-party system.
Every single computer that recorded people’s transaction history is identical same and can’t change anymore after the transaction done because of the immune system. The advantages people get from blockchain is they get rid of manipulation from the third party system transaction and not always hanging with the third-party system.
Blockchain divide into some blocks, a block record every cryptocurrency transaction history from people. If the one block has full of transaction history, It will create a new block for ready to fill the transaction history. The newest block always connected with the older. After a block full again, It will create a new block. Again, again, and again until they have a lot of blocks that connected for each other. It is called blockchain—a group of blocks with connections for each other. What the transaction history recorded by a block is not a literal number like money in a conventional transaction we usually met in the bank activity. The block recorded a nominal of money with the cryptography technique.
Anyone inside the blockchain able to record the cryptocurrency transaction from people. They are called miner—people who inside the blockchain, have a sufficient hardware component and be a transaction recorder. In a conventional economic system, it is similar to an accountant. Two things that miner has to do is securing and recording every cryptocurrency transaction from people inside the blockchain as a complimentary beneficial from what miner does is. They can encrypt the code from every transaction. If the miner success breaks the code up, they will get a free cryptocurrency from it. Which means miner get free valuable things that they can use it for a transaction like money in conventional economic activity. The miner also can sell the cryptocurrency to people or keep it their own.
Get 50% Commission From Your Referral Friends Transaction at DACX
DACX (Digital Asset and Commodity Exchange) is an online platform exchange/blockchain start-up based in London that utilizing artificial intelligence with highly computerized technology regarding provide a secure, efficient, and safe marketplace for serving a retail and institutional client. DACX’s MVP (Minimum Viable Product) was launched in January 2019 without external funding.
Until May 1st, 2020, DACX gives you a 50% commission or more 25% commission than usual from your friends who sign up at DACX with your referral ID, QR Code, or referral link.
There are the steps that you have to do to get your commission:
- If you don’t have an account at DACX: go to dacx.exchange and click the “sign up” button in the right top of your screen. Fill the blank box and click the “sign up” button again.
- After you are done with register your ID, please logging in then check your email for verifying your account. (When you are going to log in to your account after verifying, you need to check your e-mail again for five-digit code that uses for security purposes)
- The last one, look at the left side of your screen. You can spread your referral out only with clicking the social media share button (Twitter, Facebook, Linkedin, and Weibo)
- You also can spread your referral link out manually by clicking the copy button or save your QR code then share it to your friends and let them scan it.
You get a 50% commission for every your referral friends’ transaction until May 1st, 2020. After that time, you only get a 25% commission. Every commission that you get from your referral friends’ transaction will be paid in cryptocurrency. DACX doesn’t make a limitation number for referral invited, but DACX always keeps an eye for a duplicate and fake referral account. For you who still to try to get a commission from fake and duplicate referral accounts, DACX will disable and disqualified your account from commission payouts.
Posted by kurniawan05