Quote from: ATSgrowth on March 29, 2019, 11:18:59 AM

Why people are selling USDX on telegram so cheap? I thought that 1USDX is backed by real USD, so why there are deals like 0.1USD for 1 USDX? If I buy it today, I will get 10 times profit when USDX hits the exchange?

We've opened the dedicated buy/sell chat because there were many users who wanted to trade USDX before listing. They've started to make offers in our main chat and we decided to create a separate chat - to make things organized, easier to control and safer. So we've hired escrow agents who help to reduce scam risks. In other words, the initial idea of USDX trading was coming from our community.
Reg the low sell price: some people got USDX via Airdrop (for free), so they don't value it enough.
Reg USDX backing: the token is collateralized by our core coin - LHT - which will be listed soon.