What are the incentives for providing liquidity to the platform? Will the profits be solely derived from transaction fees, or will the platform be P2P without liquidity pools?
Will the company be registered, and in what country will it be registered? Submitting such offerings will require additional legal documentation and could lead to future regulatory charges.
1. Incentives for Liquidity ProvidersThe platform is fully P2P, there are no liquidity pools, except for
a small liquidity from the
team that we will create around a dozen different offers to maintain the demand, with a total approx. liquidity of
$15k-$20k of our own funds.
Incentives for liquidity providers (
offer creators) are:
- Service Fee Share: After the first 6 months (
when the platform will run with zero service fees), a service fee of around 0.5% will be applied to each transaction. A portion of this fee will be distributed to sellers who provide liquidity. Rewards are paid in BRGX, the platform's internal token used for easier commission accounting. BRGX can be converted and withdrawn at any time into USDT (TRC20).
- Price Margin: Sellers can set a Price Margin on their offers (
up to +5% above market rate). This allows them to earn additional profit from trades. However, it also means that buyers may choose other offers with lower margins, so competitive pricing remains important.
In short, sellers (liquidity providers) can profit from fee sharing (
paid in BRGX, convertible to USDT TRC20) and from their custom margins on offers.
2. Company RegistrationThe platform won't be registered as a company. We have learned from past cases (
e.g., eXch automated exchange) where legal exposure created risks that led to shutdown.
As outlined in our
Terms & Conditions, the platform only provides the instrument for peer-to-peer exchange. Users are fully responsible for their own activity. For this reason, we
don't require KYC, and we
don't perform AML checks.
This approach keeps the platform resilient and aligned with our core principle: an anonymous, censorship-resistant crypto exchange.
Additionally, we would like to emphasize that users need an exchange that supports cross-chain swaps with smaller amounts, since many existing P2P or automated exchanges enforce high minimum limits and often apply exchange rates above real market values.
Our platform uses CoinMarketCap rates directly, without adding any extra percentage on top, ensuring users always trade at fair market prices.