IDGx and IDG appetizer by Larrimar Tia
"This is very important, as our appetizer for the upcoming major announcement. Please read carefully to understand some basic ideas behind Indigen and CryptoPeso.
We removed BTC/IDG pair on IDGx because it conflicts with the IDG/BTC pair in determining the average price of IDG. It is necessary to have only a single BTC and IDG pair in order for our API to compute a more accurate market price for IDG.
We will be focusing only on IDG/BTC market when it comes to new Silver and Gold purchases, and not on the IDG/PHP market. The reason for this is because the PHP price will no longer have a bearing nor will it affect the market price of IDG. This is one requirement from us in order to avoid price manipulation of IDG. The only use of IDG/PHP trading pair is for those who want to buy or sell IDG direct with Philippine Peso at whatever price they choose, which will not affect in anyway the market of IDG, even if the IDG/PHP price drops.
We will soon replace PHP with PHPc (CryptoPeso) and trade IDG with PHPc, instead of our fiat PHP, because we will slowly get rid of fiat currency on our exchange. We will be moving towards 100% complete cryptocurrency and no more fiat money.
This a required step in order to push through my plans of moving Indigen Exchange (IDGx) to Europe where cryptocurrency exchanges are free to operate without governmental restrictions.
While Indigen Foundation, our charity group will remain in the US, and Indigen Asia, our crypto and blockchain development group, will remain headquartered in Hong Kong.
Stay tuned for the wonderful news later today or tomorrow!" -CEO Larrimar Tia
Thank you so much sir for this wonderful annoucement from IDGx CEO and Indigencoin Founder, Sir Larrimar Tia. Lets support Indigencoin and IDGx. This post has been permitted by Sir Larrimar Tia.
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