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Re: [ANN] WCX | Buy or Short stocks & cryptos with BTC | Liquid, Secure, 0 Fees
by
wcxofficial
on 22/04/2019, 17:53:39 UTC
What are your plans in store for the XT token? Will it be listed on other exchanges? 0.06% decay is quite high (and daily if I'm correct), is there anything to avoid this for longer-term positions trade may take or should WCX be used (mainly) for short-term trades? Thanks, nice looking site and the demo is performing very well so far.

EDIT: what are the advantages of holding the XT token? I read there's a share of commission (right?), how much has that being approximately in the past month?

Xt benefits from a continuous buyback program: https://docs.wcex.com/company/x-token.

Regarding decay, it is actually calculated automatically based on 1D-volatility. Markets like EUR/USD have 0.01% decay most of the time. In practice, decay makes very little difference on your position as long as you don't hold it months on end.

There are no commission payments at this time for holding XT, as that would make it a security, but we are looking at different things of the sort, including rebates/bonuses like BNB.