1DJcDM…fFE9
1DJcDM88ypEMJwdkVCYUDu2mscVPD1fFE9
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looks amazing!
1$ in your case is not the fee, it's the collateral to open the position. When you close trade - collateral goes back to your wallet +/- profit/loss. Fee is zero to open the trade. but there is a fee to hold a trade 8+ hours
If contest https://tdxp.app?contest=20 gets 30 participants - we will donate 1 BSV to the reward pool
We greatly appreciate you staying with TDXP throughout the beta testing stage. No offense taken, but imo important for you to know how liquidity works and it’s not “they” who decides how much to pay
For now splitting is the only way - still polishing the system and preparing it for liquidity fundraiser - implementing auto tests and cross checking robots
Profit for the session is limited by losses - this is what liquidity means on any exchange
When you took a loss - other traders with profitable positions will see it and take advantage of it, by fixing their profits into your loss
Just like “whales” wait for the moment when the liquidity is good to take profits. Same here, but tiny scale
This is the problem currently with truedex. You can lose money....you can get liquidated and lose all your money...but when you hit a good one they will only pay out so much for the session.
When you took a loss - other traders with profitable positions will see it and take advantage of it, by fixing their profits into your loss
Just like “whales” wait for the moment when the liquidity is good to take profits. Same here, but tiny scale
"If you allow people to have the opportunity to commit fraud - they will"
youtube.com/watch?v=zmLfZ599oAY&feature=emb_title
BSV flourishes largely thanks to Calvin and fortune generated on gambling/betting industry.
Gambling may be a bad thing, but it’s anyway part of human nature. Btw trading should not be gambling, especially with how easy it is to manage risk on TrueDEX
Many people, incl CSW, belittle financial trading industry. Indeed it’s dangerous, full of fraudsters
But whatever you think about trading, it is a vital component of free market. BTP.foundation will clean it and facilitate adoption of BSV
Legal status:
-Estonian entity operates TrueDEX.org app, develops user interface and frontend code
-UK not for profit BTP.foundation develops backend code of the trading engine, that will eventually become a permission less distributed 2nd layer protocol
BTP Brokers do not have (1) access to their users funds and (2) ability to profit from losing traders.
Hi Daniel! Please tell me your MoneyButton user ID number (not paymail)
@4 @78 guys, seems like MoneyButton can work faster. On Twetch it feels slower than on TrueDEX. Please check and let me know
Actually it’s not decentralized, but distributed exchange 😊
Yes Man! Please tell me your MoneyButton user ID number (not paymail)
Next month, preliminary
It’s over USD 3mn; if you count opening and closing a position as separate volume (like others do)
Here are our next milestones:
- introduce Trading Contests, unique and fun feature intended to facilitate social engagement
- fundraise with VCs who share our vision to open-source retail trading industry
- donate significant portion of raised capital to development of BTP.foundation to be released in the next 12 months
It’s always worth reminding ourselves of the final goal: safe and transparent playground for retail traders, all on chain.
Liquidity yet allows only insignificant trading sizes; max profit varies from 20 to 400$ for 24h session. It will grow with trading activity.
TrueDEX public beta released. Login with MoneyButton and trade all world markets with BSV. 14+k trades executed since launch of private beta in Nov-19.
We are ready to grow further and now every existing user can invite more.
Next bull cycle will be driven by onchain apps, with real clients, listed on legitimate exchanges with registered IPOs. 2010-2020 war of crypto-platforms is in its “endspiel”
BTP-based broker, like TrueDEX, is incentivized to have more profitable traders and less losing.
TrueDEX is not a competition to spot or institutional exchanges. We are creating a safe playground for retail traders.
Let the “big boys fight on their own battlefield”, while retail trades against each other without book manipulations and other tricks.
You know Technical and Fundamental analysis, but what about Operational analysis (OA)?
OA is not applicable, because 99.9% of crypto projects are prototypes (ETH admitted it publicly) unable to service real market demand.
#Bitcoin is not a currency, but a tool for governments, businesses of any scale and consumers.
Cheap and instant access to the ultimate source of truth is what we need to increase global productivity, vital for overcoming this brutal deleveraging event.
Thx Anthony. Trading view idea would help much. Also posting itself after swiping MB seems odd