Post
Topic
Board Service Announcements (Altcoins)
Re: [ANN][EXCHANGE] WCX – Low-Cost Crypto Exchange built by Apple & Wall St team
by
bm2112
on 23/07/2017, 21:18:22 UTC
What exchanges are you planning on releasing the WCX coin on after release? Also, how are you funding the bitcoin payouts for your promotion?

This seems like a great project and I look forward to it coming to fruition.

Thanks

Is this a real question, sir? Let me try to answer! The WCX coin is an Ethereum token that runs on the Ethereum blockchain. If you hold it you can earn monthly dividends by the WCX exchange Smiley This is how it works in a nutshell. See here:
Quote
As a holder of WCX tokens, you're entitled to a portion of WCX's fee profit. Since WCX collects fees in all sorts of digital currencies, holding WCX tokens is the equivalent of holding a diversified digital currency portfolio that keeps growing.
20% of all fee revenue generated by WCX is automatically paid out to WCX token holders on a weekly basis, in amounts equivalent to each holder's share of the total amount of tokens.
WCX is an ERC20 token issued on the Ethereum blockchain.

I understand that, but it is also my understanding that things like the Status Network Token also run on the Ethereum blockchain and can be purchased on Bittrex and likely other exchanges. I am asking what exchanges they plan to offer their coin for purchase