Crypto exchange is a digital marketplace where traders can exchange one cryptocurrency for another or for fiat currency. In other words, cryptocurrency exchanges are online platforms that act as intermediaries between buyers and sellers of cryptocurrencies.
Divs.io is a user intuitive cryptocurrency exchange that rewards its users with weekly Tron (TRX) prizes. Thus, 0.5% of all trading volume in the Div is distributed as Tron rewards to users who stake DIVS tokens. Users are rewarded based on the amount they bet and the total volume of weekly exchanges on the platform. Apart from rewarding its users, the platform will also hold a weekly reward percentage (0.01%) of the traded exchange volume to buy more DIVS tokens from the open market and provide liquidity, locking them indefinitely.
How it works
Provide cryptocurrency exchange services with anonymity and without transaction restrictions. Choose from more than 200 of your favorite coins / tokens which you can exchange in 3 easy steps and ready in just 5 to 30 minutes. We make crypto exchanges easy by finding the best prices on major exchanges without you having to create an account or log in.
Become a DIVS token holder and receive your share of the Tron rewards. 0.5% of the total exchange volume each week DIVS token holders place bets.
"We return the exchange fee to people"
The Divs exchange API connects other large centralized exchanges like Okex, Binance, etc., creating a seamless exchange interface. This allows users to exchange cryptos from multiple exchanges without much hassle. Exchange APIs can also be integrated into websites and other crypto projects, thus facilitating seamless crypto exchanges right from their own sites.
Exchange times on the Div are between 5-30 minutes. However, the timing of exchanges is based on the coins / tokens being exchanged, as some blockchains are slower than others. Exchange fees also depend on the crypto involved in the trade and how the trade is executed. Despite this, each exchange has a minimum fee of 1%, but coins that experience network congestion may experience higher fees.
Key Features of Exchange Divs
- Exchanges and Gifts
This is probably the Div's greatest feature. As previously mentioned, the exchange rewards its users on Tron based on the total volume of exchanges on the platform. In order to receive the prize, the user must stake a DIVS token, which functions like a platform membership. The Staking Div activates the user's membership and allows them to receive Tron rewards. DIVS tokens do not need to be wagered for a certain period to start receiving prizes and can be withdrawn at any time to stop earning prizes as there is no lock or wait period.
Tron Prizes are distributed to DIVS token holders based on a percentage of the stake pool. 0.5% of the total exchange volume on the platform is distributed as Tron rewards every week to betting DIVS token holders. Tron's prizes are directly proportional to the number of DIVS tokens staked. Therefore, risking a sufficient amount of Divs tokens could result in more Tron rewards than paying the exchange fees. Translating to passive income and at least a discounted fee.
- Tron Prize Distribution
Tron Rewards are distributed via smart contracts once a week (Monday 00:00 UTC) to all DIVS token holders who stake them. The prize is proportional to the amount the user has regarding the total number of DIVS tokens staked on the platform.
After each exchange is made on the platform, Div receives the exchange fee in Bitcoin. At the end of each week, Bitcoin profits are exchanged for Tron via Div exchange and sent to betting contracts a week in advance. This allows everyone to see their Tron prize for the coming week based on the stake pool percentage. After a week, Smart Contract will distribute the Tron rewards to the appropriate shareholders, enabling them to claim their prizes.
To be eligible for the weekly Tron prize, Divs users must stake their DIVS tokens no later than 5 minutes before the prize is distributed on Mondays at 00:00 UTC.
Exchange Fees and Time
Div exchange fees depend on the cryptocurrencies being exchanged and how the trades are executed. This exchange makes use of its API to trade on multiple centralized exchanges, choosing the lowest exchange fee, i.e. arbitrage trading. All exchanges on the platform have a minimum fee of 1%, which is distributed as follows:
- 0.5% wagered Div token holders
- 0.4% + Paid to API provider for processing exchanges
- 0.09% Paid to Development Divs
- 0.05% Used to buy Divs tokens every week (repurchase)
- 0.05% Used with the above DIVS tokens to provide liquidity
Div exchange timeframes are between 5-30 minutes, but large trades involving more than 1 BTC can take a little longer, under an hour. However, the timing of the exchange depends mostly on the coin / token blockchain protocol rather than the exchange itself. For example, exchanging Litecoin to Tron takes less than 3 minutes, while exchanging Bitcoin to Ethereum can take up to 30 minutes. Exchange times and costs can also increase with network congestion.
Exchange API
Divs features an API that interacts with major centralized exchanges to find the best exchange rates. The API uses a large centralized exchange with significant liquidity, allowing shorter exchange times on a single, easy-to-use exchange without registration, login, or KYC requirements and zero exchange limits.
The exchange's API allows Defi websites and projects to integrate the exchange into their own website, providing onramp owners for their users to easily log into cryptos or projects. By doing so, project owners can also stake their DIVS tokens and earn weekly Tron rewards. Divs' API is completely free to the public and comes with customization options to suit the needs of the website / project owner.
Divs.io Advantages
- Low fees from 1% without the need to register or register.
- Use trusted third party APIs to process exchanges.
- The exchange is easy and only takes 5-30 minutes.
- More than 200 of your favorite coins / brands to exchange
Become a token holder and receive weekly rewards on Tron.
Tokenomics DIVS
DIVs power the exchange of Divs and especially the user membership function activates to start receiving rewards. DIVS tokens are limited to 10,000,000 tokens, all of which will be circulated never to be printed or burned. This is to prevent inflation by providing token scarcity and creating value over time. DIVS token stakers are rewarded with Tron to keep the supply of DIVS tokens limited while still rewarding the stakers.
DIVS Token Distribution
Token Presale
Divs presale its first DIVS Token on Jan 9, 2021, at 4pm UTC. The Presale consists of 4 chapters, with each round consisting of 1,250,000 DIVS tokens. A total of 5,000,000 DIVS tokens will be sold at presale. The money collected in the presale is allocated as follows:
- 52% -Provides liquidity for the open market after the initial sale
- 22% -Payed the angel investors who originally funded the project
- 20% -Future development of other smart contracts and mobile Divs applications
- 6% -For marketing and advertising.
After the presale is complete, users can claim their DIVS token. Divs have a unique plan to maintain the liquidity of their tokens through:
- Buyback - The project will hold a portion of the user's reward each week, that is, 0.01% of the transaction value, for buying more DIVS tokens on the open market and using them to provide liquidity. The liquidity pool token will then be burned, locking in liquidity forever.
- Unlimited Locked Liquidity - After the pre-sale is completed and liquidity is provided, Divs will burn Liquidity Pool tokens at the official Tron burning address - TLsV52sRDL79HXGGm9yzwKibb6BeruhUzy. This ensures that the initial liquidity is locked forever.
Benefits of Exchange Divs
- No registration, complicated registration, or KYC required.
- Very low exchange fees.
- This platform makes use of trusted third-party APIs to process exchange requests.
- Seamless crypto exchange completed in less than 30 minutes.
- More than 200 cryptocurrencies are supported.
- Earn rewards and make exchanges. Bet DIVS tokens and receive weekly Tron prizes based on the amount you stake.
Roadmap
- P2
V1. Development and Integration of the Exchange website and API - P3
DIVS.io V1. Website and exchange started - P4
Divs development respects Smart Contracts & UI - P1
DIVS.io V2. The site will launch on January 2 - P1
Integrate Div exchanges with websites, apps and applications from other companies to generate more volume - P1
DIVS tokens and reconnaissance contracts will be introduced in the first quarter of 2021 - P1
DIVS Token Presale kicks off on January 9th - P1
Last DIVS at Justswap.io after the pre-sale, then ran a marketing campaign to increase revenue - P2
The DIVS Mobile App begins in the second quarter - P2
Create a central compounding contract like you do for ecosystem expenditure
Conclusion
Divs.io is an excellent crypto exchange that seeks to reward its users for exchanging crypto via the platform. Unlike other crypto exchanges that reward their users in their own native coins or by discounting future trades, Div rewards its users on Tron, which has even more benefits. This project will significantly change the traditional centralized exchange which continues to exploit users for their own benefit. By rewarding users on Tron, Div allows users to receive gifts without increasing their own tokens.
In addition, users will have the ability to use their weekly Tron rewards to purchase more DIVS tokens, stake on the platform, and earn more weekly prizes combining their positions for their own benefit. In essence, this is an excellent project that brings out the needs of its users. If you are thinking of becoming a member of the community, their presale is ongoing now and ends on January 23rd. Overall, Divs provide real services and use cases, something to be had in this crypto space.
For more information, visit us at:
- Website: https://www.divs.io/
- Telegram: https://t.me/Divs_official
- Twitter: https://twitter.com/DivsExchange
- Whitepaper: https://divs.io/Whitepaper.pdf
Username : pijayplow93
Profile : https://bitcointalk.org/index.php?action=profile;u=2750501
My tron Wallet address : TMbGG23uXuuU1iVP7Tt7aAESvMr6KQWSGR