Post
Topic
Board Exchanges
Re: [ANN] ⭐🚀 as.exchange ⭐🚀 Innovative Derivatives Exchange ⭐🚀
by
as.exchange
on 15/12/2020, 11:12:02 UTC
By providing 0.00% deposit and withdrawal fees , hiw do you maintain your project ??..

For deposit and withdrawal - this will be forever 0.00% for everyone. It's your money in the end, and you shouldn't be paying for that to us simply for moving it around (yet, there's Bitcoin network fee, which you still end up paying, but of course not to us Smiley, maybe in the future we will cover that for users also).

Currently for first 10,000 registered users with a balance of $100 at least, trading fees are also 0.00% for 1 year. In the future, we will have other financial products where people might be paying very small fee (we will make sure that our fee is the smallest in the market). Furthermore, people who register after the first 10,000 will end up paying trading fee as specified here: https://as.exchange/fees

Furthermore, we will soon be adding OTC trading (similar to LocalBitcoins) - also with 0.00% trading fees, so stay turned Wink

Answering your question - how we maintain the project: 1) The founding team has put all personal savings into the company, 2) We are raising equity round from local funds (it's not public, thus public cannot invest; and there will not be DeFi, or public useless token like issued by other exchanges to raise funding). Therefore, from that perspective - we are not one of those exchanges that launch on ICO or something, but a regular startup like Uber or Robinhood in the early years that did everything the right way without scaming people or selling useless digital assets.