a brief review of TradeTex

in #ico6 years ago (edited)

What is TradeTex
Tradetex : TradeTEX, a commission-free exchange with its own native cryptocurrency, the TDX token. Tradetex is a wallet, exchange created to simplify all operations and make them more convenient for all crypto currency conversions. TradeTEX is a zero commission crypto currency exchange with decentralized account balances that governs itself autonomously. TradeTex is driven by blockchain technology. Right from the use of its own cryptocurrency to eliminate transaction fees, to storing account balances in a decentralized smart contract and allowing its traders & investors to participate in different investment plan, everything that makes TradeTex revolutionary is only made possible by embracing the disruptive power of new blockchain technology that until very recently didn’t even exist.
TradeTex Exchange has its own native cryptocurrency, called the TDX token. Traders speculate on the price of Alt coins against the US dollar, where 1USD = 1TDX. The tick value of each TradeTex market is 1 TDX token, i.e. one needs TDX Tokens to participate in all investment plans which includes Staking, Lending, Alt coin Mining & Trading different cryptocurrencies. All trading profits and losses are denominated in TDX tokens. Margin requirements are payable in TDX tokens and traders account balance, deposits and withdrawals are also denominated in TDX tokens. Therefore, traders must own TDX tokens to trade on TradeTex commission-free, trustworthy exchange, which creates demand for the TDX token. read more

TradeTex gives you an opportunity of Trading and Earning in two different segments:
(1) First by investing in different investing plans of TradeTex with auto generated fixed return along with trading option.
(2) Secondly, by trading TDX coin and all other Crypto coins with TDX tokens. TradeTEX has come in the market to win people’s trust and faith as people have a lot of concerns regarding new ICOs that if they will buy ICO tokens then their hard earned money will get blocked for quite long time, whether they’ll get good returns or not, what is the future of a new ICO and many more but TradeTex makes it simple and transparent by giving an option of buyback as there is no time bound during initial offering. ICO investors & traders can give their TDX Tokens back anytime when they want as per the withdrawal cycle of 10th, 20th & 30th of every month at the same rate at which they had purchased till the TDX coin is launched on its exchange.

Lets have a LOOK
How does TradeTex Works: TradeTEX, is a commission-free exchange with its own native crypto currency, the TDX token. Trade Tex is the first ever Crypto currency that provides exchange without any commission. This means you can do trading, buy orders as well as sell orders without any fee. TradeTex covers the cost of running the exchange by lending your capital to experienced Investing firms and traders all over the world only on profit sharing basis or fixed daily interest whichever is higher with lawyer’s smart contracts Secondly, getting profit from mining of Alt coins and last and most important as Commission-free markets on a stable, fast and secure trading platform will attract large numbers of traders who must buy TDX tokens to participate, creating increased demand for TDX tokens that offsets inflationary cost of tokens which automatically covers all cost.

TradeTex is a unique platform to trade all crypto with one native token without any KYC or any legal issues and withdrawn earnings in form of Bitcoin & Ethereum. TradeTex charges 2TDX per transaction as fee for Margin Trading but 100% of it is equally distributed among all TDX token holders as a dividend quarterly. This is the main reason why people prefer to hold TDX Tokens.

If X holds 1% of total tdx tokens = Get 1% of total dividend read more

Purpose of launching TDX Coin
TradeTEX, is a commission-free exchange with its own native crypto currency, the TDX token. TradeTex Exchange has its own native cryptocurrency, called the TDX token. The tick value of each TradeTex market is 1 TDX token, i.e. one needs TDX Tokens to participate in all investment plans which includes Staking, Lending, Alt coin Mining & Trading different crypto currencies. All trading profits and losses are denominated in TDX tokens. Margin requirements are payable in TDX tokens and traders account balance, deposits and withdrawals are also denominated in TDX tokens. Therefore, traders must own TDX tokens to trade on TradeTex commission-free, trustworthy Exchange, which creates demand for the TDX token, creating increased demand for TDX tokens that offsets inflationary cost of tokens which automatically covers all cost. Traders on TradeTex can start trading immediately without the need to submit their name or identity documents of any sort. As an offshore exchange that accepts only TDX tokens, TradeTex is not bound by intrusive, ineffective and pointless KYC/AML regulations that intrude on our users’ privacy and which put them at risk of identity theft by making the exchange a target for hackers seeking personal information. The best way to protect our users personal data is not to collect that data in the first place.

Our Features and Functionalities
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TOTAL TOKEN
An ICO is an ‘Initial Coin Offering’. It is a way for startups to do crowdfunding using cryptocurrency as the investment medium. In an ICO, a percentage of the newly-issued tokens is sold to early backers of the project in exchange for specified privileges.
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ROADMAP MILESTONE
Hiring staff for high-performance management and scalability of virtual companies earning TradeTex.

HY2 2017
Team Hiring
Feasibility Studies to help teams connect to exchange information on a PoS network
Website & wallet development
Whitepaper preparation
Tradetex platform testing and execution on the PoS System
HY1 2017
Launch of Tradetex Exchange on Beta Version.
Wallets launch on Beta Version
Development of interface for IOS and Android App
Smart contract development
Development of Security setups
Q3 2018 (Token sale started from 28th may)
Technical and legal fulfillment of the project
TradeTex Exchange launch with full functionality
Staking Wallet go live with fully functionality
Profit Wallet go live with fully functionality
​Trading Wallet go live with fully functionality
TDX tokens deployment on Ethereum blockchain.
Q1 and Q2 2018 (Complete exchange & dashboard launch and token deployment)
First 15 days we are having Pre-Sale of TDX Where 1TDX =0.50USD
Phase 1 TDX@ 0.50USD from 1st July - 20th July 2018
Phase 2 TDX@ 0.75USD from 28th July - 26th August 2018
Phase 3 TDX@ 1.00USD from 3rd Sept - 12th Oct 2018
Marketing push & technical support
Bounty system & advertising
Available IOS, Android App version
Withdrawal is available
Q1 2019 (Worldwide coin listing, start working on Blockchain & crypto card)
TDX coin listing on Tradetex Exchange on 5th Oct 2018.
Establish first Crypto-Mine farm @ CHICAGO
Antminer S9 and S7 use
TDX share holders can take part in mining.
Mining Wallets are operational
​Upgradation in TradeTex Exchange.
Start of acceptance of payments by Visa , Master Card, Bank Wire
Q4 2018 (Coin listing, Farm establishment and upgradation)
TDX coin worldwide exchange Listing
Seminars by Tradetex team
Global partnership establishment
1st dividend distribution to TDX holders.
Commencement of work on tradetex Public Blockchain
Commencement of work on Decentralized Tradetex exchange
Commencement of work on TDX crypto metal debit/credit Cards where one can spend or pay in any currency without a fee
HY2 2019 (Decentralized Exchange launch)
Launch of Public Block chain on Beta version.
Launch of Tradetex Decentralized Exchange on Beta version.
Launch of TDX Crypto cards for online payments and transactions
Tradetex make it possible to use TDX coin to pay for in-store purchases, online shopping, and international cash withdrawal.
Worldwide meetups arranged by Tradetex team around new technologies.
Best security measures adoption to avoid scams on decentralized exchange.
2nd and 3rd dividends distribution among TDX holders
HY1 2019 (TDX card launch & alpha Beta testing of Decentralized Exchange)
TradeTex launches a public Blockchain.
Tradetex decentralized exchange launch
Any coin can be listed on Tradetex exchange by anybody.
TDX coin holders can use all services given by Tradetex exchange without any fee.
​4th and 5th dividends distribution among TDX holders.
2020
More Mining Farms establishment with new technology
Upgradation in mining technologies
Regular dividends distribution
Target markets in Asia, Europe, Korea, Japan, Thailand, Malaysia, Russia etc.
More new and secure technologies will be introduced for block chain and exchange.

Staking
TDX Tokens will become an interest-bearing asset with upto 120% return per year. This option is extremely suitable for those who are looking for stable investment items by holding tokens in their wallet. First time ever , In Crypto World staking tokens can be used for trading different crypto currencies even BTC, ETH and all other currencies can be traded with Staking tokens. Yes its true TRADETEX is the first one who makes it possible. In TRADETEX maximum 50% of total staking TDX tokens can be used for trading different cryptocurrencies.

*TRADETEX gives you an opportunity to earn more and more by trading different cryptos and even withdrawn your earnings before completion of staking period.
*8 million TDX tokens are distributed as trade profit tokens so TRADETEX gives opportunity to its Investors to make there investment double or tripple by trading.
*With TRADETEX one will never thought that his/her hard earned money will be blocked for X time but yes he/she will earn more profit if they go with market.
*TRADETEX Staking services will be available after you purchase TDX Tokens from TRADETEX ICO with BTC or ETH.
All the loss and profit will be calculated in form of TDX tokens.
Earned profit in form of TDX tokens is shown in Profit wallet which can be transferred to main wallet instantly from where it can be withdrawn in form of BTC or ETH to personal wallet. Earned profit in form of TDX token can be reinvested in staking or lending plans.
*Remember investors are required to hold TDX token for a minimum of 10 days before earning staking interest.
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Trading Opportunity
Tradetex gives you an opportunity of Trading and Earning in two different segments, one is TDX token trading and second is trading all other Crypto coins with TDX tokens. TradeTEX has come in the market to win people’s trust and faith as people have a lot of concerns regarding new ICOs like if they’ll buy ICO tokens then there hard earned money will be blocked for quite long time, whether they’ll get good returns or not, what is the future of new ICO and many more such concerns.
But TradeTex makes it simple and transparent as it is not time bound during initial offering, ICO investors & traders can withdraw their TDX Tokens anytime when they want as per the withdrawal cycle of 10 days by the same rate at which they are purchased.

Two trading segments in TradeTex are as :

  1. Buy TDX tokens via tradetex ICO and hold them till ICO ends as Tradetex will launch TDX coin on its own exchange just 10 days after token sales ends & on other exchanges within 50days. So investors then trade TDX tokens from different exchanges inc. tradetex exchange and earn profit.
  2. Most Important and the best feature given by tradetex is that it makes it possible to trade different cryptocurrencies during ICO also with TDX Tokens by 4 simple steps:
  • You have to buy TDX Tokens during TradeTex ICO sale with BTC or ETH.
  • Make sure that all your TDX tokens are in Trading wallet.
  • Now go to tradetex exchange and select type of trading i.e Long Term Trading or Margin Trading.
    #LONG TERM TRADING :
    Here one can trade any crypto coin through TDX tokens by paying complete value of that currency he want to buy in TDX tokens. One is not time bound for selling, one can hold that coin as long as he wants. Transaction fee : No Transaction fee, all transactions are free..#MARGIN TRADING :
    Margin trading is the best part that Tradetex is giving to its investors and traders. Here one can buy any crypto coins including Bitcoin, Ethereum, Ripple and so on by just paying 25% of complete value that coin which he want to purchase in TDX Tokens.
    Suppose one want’s to buy 1 ethereum, For an example 1ETH = 1000USD = 1000TDX Here in margin trading one can buy 1ETH by just 25% ie 250TDX tokens.
    #NOTE :
    There is a time bound of 24 hours in margin trading. One has to complete their orders within 24 hours otherwise pending orders will automatically get completed whether they are in loss or profit. Trasaction Fee = 2TDX Tokens on each transaction * Now start Trading all crypto coins inc. Bitcoin, Ethereum, Ripple and so on with TDX Token.

All the losses and profits will be calculated in TDX tokens.

1TDX =1USD (during ICO)
After launching TDX coin on exchange its value will be calculated accordingly.

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Commission Free Trading
TradeTex a commission-free exchange with both Margin trading & Long term trading with its own native crypto currency, the TDX token.
TradeTex is not charging any fee on each transaction during Long term trading(here one can trade any crypto coin by TDX tokens by paying complete value of that coin he want to buy with TDX tokens).

where as a fixed fee of 2TDX Token is charged on each transaction of Margin Trading( here one can buy any crypto coins including Bitcoin, ethereum, ripple and so on by just paying 25% of complete value that coin which he want to purchase by TDX Tokens) which is also equally distributed to TDX coin holders at the end of quarter means 100% of the profit is distributed to Cryptoshare holders.
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World Wide Transfer
TradeTex opens a world of speedy global money transfer to you. You can transfer your cryptos anywhere in the world quickly and easily or spend them using your multi-crypto debit card that is connected with our speedy money transfer system, there will be a small fee for each transaction to cover the gas fee. Transfer will happen near instantaneously, in just a minute.

Tradetex provides three different types of wallet landing wallet, staking wallet and trading wallet. Users from world wide buy TDX coins and are available for doing trading or lend their token from any part of the world.
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left-img
MINING
Before getting to grips with the process of cryptocurrency mining, we need to explain what blockchain is and how that works. Blockchain is a technology that supports almost every cryptocurrency. It is a public ledger (decentralised register) of every transaction that has been carried out in that cryptocurrency. These transactions are assembled into what are called "blocks". These are the verified to ensure they are legitimate by cryptocurrency miners. This checks if the same coin hasn't been expended again before the transaction has cleared, and that the input and output expenses tally. Then the next sequential transaction block is connected to it. This is how cryptocurrencies are created and how new cryptocoins are made.

Mining new blocks : As there is no central authority or central bank, there has to be a way of gathering every transaction carried out with a cryptocurrency in order to create a new block. Network nodes that carry out this task are called dubbed 'miners'. Every time a slew of transactions are amassed into a block, this is appended to the blockchain. Whoever appends the block gets rewarded with some of that cryptocurrency.
Cloud Mining : Cloud mining is the process of different crypto currency mining utilizing a remote datacenter with shared processing power. This type of cloud mining enables users to mine bitcoins or alternative cryptocurrencies without managing the hardware. The mining rigs are housed and maintained in a facility owned by mining company and the customer simply needs to register and purchase mining contracts or shares. TradeTex Mining : TradeTex Exchange is setting up its own mining farm in Georgia to mine alt coins with antminer S9. Most probably, from july onwards TDX token holders can take part in mining alt coins. Different packages will be announced by tradetex. Why in Georgia : The Republic of Georgia has taken cryptocurrency adoption to the next level. If the draft law is adopted, businesses will be able to operate mining facilities without any licensing. This will indirectly legalize cryptocurrency transactions. In addition to the wide-spread usage of cryptocurrencies in the country, the average cost of electricity in Georgia is around $0.08 per kWh. With little to no taxes paid, and the low cost of electricity, Georgia is one of the world’s most profitable cryptocurrency mining locations.
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