Nov 23 2019
50% Commission: More Referral More Income at DACX
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.
Cryptocurrency
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.
Links:
Ann Thread: https://bitcointalk.org/index.php?topic=5154783.0
Website: https://dacx.io/
White Paper: https://dacx.io/wp-content/uploads/2019/09/DACX_WhitePaper.pdf
Social Media:
https://www.facebook.com/dacx.io
https://www.linkedin.com/company/dacx-group
Posted by kurniawan05
https://bitcointalk.org/index.php?action=profile;u=1187741
Jan 22 2020
Using Liqio Exchange For Your Digital Asset Trading
Talking about digital asset trading, sometimes we could not understand the terms that make us feel confused, which leads us to forget about it. But if you look closely, the digital asset trading is probably the main thing that people used as their income for their living. However, trading on digital assets or cryptocurrency might come with many challenges. Hence, if you are not smart enough to choose an intelligent trading decision, then it will be so hard for you to gain a token, which is, in this case, is the possessive investors are dying to buy. In other words, it can be said that doing “business” in this digital asset trading is not an easy peasy thing to be done. Nonetheless, if you do this business with the proper platform, it probably can make you more confident and believe in doing this business.
Recently, there is a platform that perhaps is the best tool for you to surf the digital asset or cryptocurrency business. It called Liqio Exchange. It is the newest digital asset platform in the line and already gained much attention since its features provided many properties that can be used by you. The Liqio Exchange is built in Estonia and aims to reduce the hassles that come with trading on digital assets. It comes up with a fresh and understandable interface. This platform, however, can lead you to find the best excitement in doing this digital asset or cryptocurrency business.
Now talking about the primary digital asset or cryptocurrencies in Liqio Exchange is still like the common platform that makes LQO tokens as their primary also. However, in this Liqio Exchange, it provides many features to offer. Let’s take a look at features that offer by Liqio Exchange down below;
How Does It Work?
Since Liqio Exchange will get their first financial license, it will make this platform will get their exposure as the other similar companies who have already gained its name and proper perspective. Besides, by getting the license, it also is a good point for liqio exchange to be the platform that can stand above their self without getting help from others. It will raise the intention of the new participants or traders to join this platform.
Furthermore, Liqio Exchange works will have similarities with other platforms that rely on blockchain as their technology resources. In this case, by using blockchain technologies, this platform can be used for carried out any transactions in instant, transparent, and more importantly, it will be safer due to unchanging data from its participants or traders who use this platform.
However, as the main reason this platform build, which is one of the platforms that provide any digital assets transactions from both seller and buyer, this platform also can receive dividends for holding an internal token. Hence the holder of the token will be able to take their part into the voting things that consist of this platform.
The Voting Model From Traders
In this Liqio Exchange Platform, the traders that consist of it can give their suggestions or inputs for any topic that put in the table. It can be assumed that Liqio Exchange is the only platform for the digital asset or cryptocurrency business that designed management that includes all the participants to taking care of the issue. Furthermore, by these circumstances, the participants or traders can vote for their suggestions or even can fight back the topic brought in the table by using their LQO tokens.
Following the previous line, it means that Liqio Exchange provided every single participant or trader a token holder, and it would be allowed freely to give their suggestions on each topic delivered by the Liqio Exchange. However, the Liqio also patterned each vote from participants or traders to be one vote per token. It means that 1 LQO token equal to the one vote.
Tokens
Since the systems in this platform will be based on LQO, which means all the orders will be developed based on ethereum. ERC 20 Standards will also establish the policies. However, there is another thing that needs considerable attention, which is the amount of the token will approximately be covered in 100.000.000 total of LQO.
Following the previous case, it will make the value of the coin will be added with potential demand in the digital asset market is increasing. Moreover, in this platform, it will also develop a plan that focuses on the STO; however, since this is still in proposing tempo, the distribution of the coins will be conducted as usual.
Understandable Trading Interface
In Liqio Exchange, you will find out the most comfortable and natural trading interface. It often has seen a trading platform with such an unclear and uncommon interface that leads us to confusion. However, in this Liqio Exchange, it all can not happen since its interface is a hundred percent can understandable by even the beginner’s traders. Furthermore, in Liqio Exchange, you can use the platform without worrying about malfunction or anything else.
The Revenue Model
Talking about the income in this Liqio Exchange, it has different revenue compare with another platform. In this platform, there is 4 primary revenue that you can consider as the reason before you land your choosing to use this platform, those four model as follows:
Of course, the trading fees are the primary revenue in this platform. In this case, the participants or traders will pay trading fees while they perform a transaction. The allocation of income will consist of the 0,10% current rate for the maker and 0.20% for the taker of the trade. However, you need to pay attention since the trading fees may be changed and optimized in agreement with the community by voting from the token owner.
In these terms, the participants or traders will pay the fees from their withdrawal. The amount of withdrawal itself varies due to the token or coin, and sometimes it depends on the rates.
To make the listing, sometimes, it requires a fee from its participants or traders who wants to put their listing in the table. Also, the listing that consists of coins or tokens has to be selected and voted by the community, and after the list has already been confirmed by the community, the listed will be free charge of each month.
The last revenue model will be the additional services provided by the Liqio Exchange that covers White label, launchpad, legal advice, and many more.
The Spending Model
Of course, when there is revenue, there also will be spending. Thus, in this platform, there are four models of spending that the participants or traders need to know. Those four spending model are mentioned below as follows;
The first spending model in this platform is growing. It means that when the 35% security token offering STO revenue is needed to be invested for the growth of the platform itself. In order to apply this, the Liqio exchange will use various methods to expand their user base.
The second spending model will be allocation of 45% of the security token offering for the development of the exchange and its functions. It also used for the development of Initial Exchange Offering IEO, community trading, and many more.
The third spending model will be used 15% of income to make the compliance regulations and security systems be updating following the other sectors’ developments.
The last spending model will focus on the renewal of things such as equipment, servers, attending seminars, and many more. The allocation will be at 5% of the revenue or income.
The Advantages of Liqio Exchange
Like any platform that includes in the digital asset or cryptocurrency business, the Liqio Exchange also has its own advantages that you can use as a reference before you take your own part to join this platform. Those advantages are mentioned below as follows;
The first advantage you may want to know is about the legalization of this platform. Indeed, the liqio exchange is already registered under the Estonian identifier number 14789497 (Financial and insurance activities). By this, it makes it clear that the Liqio exchange is a platform that can give you confidence in doing the digital asset or cryptocurrency business while the other platforms might be illegal.
As it has been registered in European regulations, the Liqio exchange will provide you with extra safe trade activities. It also will make your cryptocurrencies secure.
In this Liqio exchange, almost a hundred percent of the funding is in the form of cold wallets. It means that you do not have to worry about a thing that related to the fraud or something even worse.
Since this era, everyone uses their smartphone as their daily basis equipment so the
Liqio exchange will also try to apply their platform with mobile web browsers that compactible with an understandable interface.
If you want another income for yourself, then you need to tell your friends about this platform, let them sign themselves to the platform, and then the Liqio exchange will give you a fee commission as a reward.
Problems in Liqio Exchange
Using this Liqio Exchange as your platform or media in doing digital asset or cryptocurrency business does not mean that you are in great systems that can be tracked by the problem, or in other words, is safe. It means that you need to prepare some heavy mental in order to face some problems that might be happened at a certain time without asking your permission. Those problems consist in the Liqio exchange are mentioned below as follows;
The first problem that usually happened in this digital asset or cryptocurrency business is that when you do the transaction, that gives too much commission to other participants or traders.
The second problems are about efficiency. Since using this Liqio exchange means that you will be spoiled with many features that make you feel more comfortable, it indirectly will make you forget about things that require effectiveness, such as the cost number of transactions, the commission you need to give to the conductors.
However, by looking at the advantages of using this platform, perhaps those two issues can be maintained and fixed properly.
Liqio Risk Assessment
As one of the first priorities held by Liqio Exchange is to guarantee their participants or traders’ safety in its comfortable transaction. So, this platform conducts a risk assessment. It aims to identify which users have a risk profile to be their users. Following this, the participants or traders need to do an assignment held by Liqio Exchange before they join the platform itself.
In this case, Liqio Exchange will make a restriction for those participants or traders who lived in countries that listed in the risk categories of the country that not allowed to use cryptocurrencies, countries who have low tax, and that user who make the transactions of cryptocurrency and cash in an abnormal way.
Furthermore, for more details information the risk assignment conduct by Liqio Exchange will cover three different assignment as follows:
This assignment will cover the information about the country of the new participants or traders who want to involved in the platform. It also covers such things likes the legal person of area, the legal person activities, the representative of the owners of the coins, and many more.
This Assignment will cover the activities that the users have before taking its part into account. It also will gain information about the information on users’ legal activities linked with whether it is legal, financial offense, or other suspicious activities related to financial matters.
The Conclusion
Since using a traditional transaction will make you worry about several issues that need to handle properly, then you need to start using this Liqio exchange as your platform for doing the transactional business. It also can be used by you if you want to involve more in the digital asset or cryptocurrency business. By looking at the advantages that offer by this platform, somehow, it convinces me to use this platform also. Additionally, about the interface that can be understandable to use, personally for me, and don’t forget to mention the features provided in this platform, it’s awesome.
Ann Thread: https://bitcointalk.org/index.php?topic=5195018.msg52840589#msg52840589
Website: https://liqio.co/
White Paper: https://drive.google.com/file/d/1Zq0d0k4-dJWqoVihnLdWLjTrpWX6YROV/view
Social Media:
https://www.facebook.com/Liqio-101013327984747/
https://www.linkedin.com/company/28385007/
Posted by kurniawan05
By admin • Blockchain Technology • Tags: business, cryptocurrency, Estonia, information, Liqio Exchange Platform, Liqio Risk Assessment, Listing Fees, LQO, token, Trading Fees