Topex ICO – Reasons Why You Should Join the ICO

edundayo (40)in #blockchain • 6 years ago (edited)

UPDATE - Oct 31, 2018:

The Topex ICO ended without being able to raise the Softcap, I'm sure you know what that usually means. Please find below and an announcement from the CEO retrieved from their Telegram Group

TPX token public sale and Bounty campaign are officially closed. Topex.io raised 85,93 ETH but unfortunately haven't reached softcap. Ethereum will be returned to all ICO contributors, TPX tokens will be withdrawn from their wallets. We have recorded and counted all bounty and airdrop campaign participants, but awards for bounty campaign and airdrop campaign will not be distributed. All TPX tokens will be minted(total supply) and will be stored in founder wallets for further usage.
We will continue get private KYC investments through a form on the Topex.io website. Send your investment request and we will send you all details about current status. Topex.io still save softcap and if it will be reached, all bounty and airdrop participants will be awarded.
Follow us in official Twitter account and Telegram channel for news. Thanks!

In my previous article on Topex, link here, I introduced you to Topex and gave you the detail of what Topex is, please read that article full details, meanwhile here is a refresher;

Topex is a new cryptocurrency exchange with daily trade loss compensation (up to about 100%), and daily exchange profit distribution among TPX token holders. The exchange is primarily targeting new cryptocurrency adopters.

If you have not yet participated in the Topex project Token Sale, then you have to do your research, decided and act fast. In case you’re still contemplating, I’ve compiled a list of some top reasons to help you with your research.

Topex is Currently the Only Exchange offering Loss Compensation

Topex is an impressive crypto exchange project unlike any other of its kind in the market. It’s the only project in the market that I know of offering daily trade loss compensation and as matter of fact willing to offer up to about 100% loss compensation. This should reduce the barrier to entering the crypto world, by minimizing losses and potential risk attached with cryptocurrency trade.

How does this work?

Supposed that the total initial balance of the user for the same trading pair decreases, at the end of the day he will be compensated for losses from the Compensation Fund. Now, the compensation Fund is 25% of the total exchange profit for 24 hours. The amount of compensation will be calculated based on the volume of negative trades relative to the total volume of negative trades of other bidders.

Earn Daily Passive Income

As a TPX token holder, you get a generous 75% share of the daily profit of the exchange. That is, if you invest in TPX tokens now, you will be receiving a daily share of the 75% of the total daily profit of the exchange.

TPX has High Potentials for Growth

TPX token has a high potential for growth which will translate to quality return on investment. If you have been following the trends in the crypto world recently, especially as it relates to token/coin’s returns on investment (ROI), by now you know that Cryptocurrency Exchange tokens are the rave of the moment amongst investors.

In case, you don’t know why, it is simply because they are a category of token that has proven to be very usable and highly profitable, Many of the earliest crypto users who invested in exchange token have reaped a handsome return on their investment.

For example, to mention but a few, at the time of writing, Binance BNB ROI stands at 83.97x (meaning $300 investment in BNB at the ICO price of $0.1152 in July 2017, at the current price $10.48 you have $28,229.16). Mind you BNB rose as high as $24.37 in January this year. Kucoin KCS was issued at launch at an ICO price of $0.6921 per token and had traded at ATH of $20.17. If you analyze most of the other exchanges you will notice the same pattern of performance.

Trade almost Free on Topex

Almost free trading fee; as TPX holder on the Topex exchange, you enjoy 50% discount off the already very low trading fee (0.1%) of the exchange, meaning you can trade on the exchange almost free.

Received Bonus on Your Purchase

If you purchase now, you’ll get a 20% bonus on top of your purchase, the next week the bonus will reduce to 10%, and if you wait till the week after, the bonus will be gone, because that week there will be no more bonus.