Stock exchanges are beginning to actively implement blockchain technologies in their work. This allows speeding up the execution of operations and ensuring their security, and, as you know, the speed of transactions is one of the key factors for the success of trading.
Digital Ticks Business Model
According to the authors of the project, Digital Ticks will become the first commodity of its kind on cryptocurrency exchange. During the first two months of operation, the platform will work without commissions for exchanging data. As the turnover increases, the transaction will be charged 0.1% commission of the cost, it is also planned to apply "Maker-Taker" commission scheme for placing and fulfilling the users' offers and commission for adding goods to the stock exchange. Commission for withdrawal of funds and adding goods can be paid in DTx tokens.
Platform Security
Security and protection of users' means was declared by the project’s authors as the main priority. Developers have equally taken care of the safe removal and storage of funds. So, before starting work, a user should undergo Google’s two-factor authentication, which is also used to withdraw funds from the platform. To transfer funds from the account, you will need two signatures. The means that are not intended for withdrawal from the platform, will be frozen in a storage - secure, disconnected network. To this end, traders will be provided with an electronic wallet that does not have Internet connections. In order to further protect your account, the wallet will be protected with a multi-signature. The service will also be protected from phishing and DDoS attacks.
Platform Advantages
Digital Ticks platform easily adapts to user requirements. The team of specialists promises to quickly solve current problems. The system will be constantly checked for vulnerability. Users will be notified in advance of all future work. This approach eliminates the financial risks arising from the termination of the service. In addition, the project team promises to apply only reliable technology for monitoring prices: traders will be immediately notified of any price changes.
To motivate and expand the audience, the authors of the project developed an affiliate program. Under its terms, each account owner will receive a referral link, allowing to invite another potential participant to join the platform. After registering a new trader for the referral link, the system will reward 5% commission on the account of the holder who invited a new user.
Traders who conduct a large number of transactions will be encouraged within the existing discount program. So, the size of the commission for large transactions will be lower than usual. Obligatory conditions for obtaining discounts will be the availability of 2000 DTx tokens, which must be frozen on a user's account for at least one month. Digital Ticks also promises to publish the amount of commissions and fees for conducting transactions on third-party exchanges on its website.
Ease of operation
Digital Ticks works with the largest cryptocurrencies, DTx's own coins, as well as gold and silver. The list of currencies will be expanded as new offers from platform participants increase.
The platform includes the following ways of sharing:
- different cryptocurrencies;
- goods for cryptocurrency;
- deals with immediate delivery;
- futures;
- algorithmic and high-frequency trading;
- decentralized exchange.
Traders have the ability to combine different orders with one tool or process them in different systems. The interface system allows working with different tools at the same time. To select a tool, it's enough to switch to the "Portfolio" view: all tools are presented in one list. Digital Ticks also uses the system of interchangeable OCO and Hot Keys orders for the ease of use.
The platform operates on the basis of the ERC20 standard. A total of 128,000,000 DTx tokens have been issued. The ICO lasts until June 15, 2018, the cost of 1 DTx is 0.375 ETH.
Website: https://www.digitalticks.com/
White Paper: https://www.digitalticks.com/pdfs/Digitalticks_whitepaper.pdf
Telegram: https://t.me/digitalticksexchange
Facebook: https://www.facebook.com/DigitalTicksExchange
Twitter: https://twitter.com/digitalticks
ANN: https://bitcointalk.org/index.php?topic=3178265
Author:https://bitcointalk.org/index.php?action=profile;u=980049