Bitcoin Forum

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We are pleased to announce the official launch of the Alpha version of Daxico cryptocurrency exchange. It is open for anyone to test.

The Alpha is live on the mainnet, so you can actually exchange some real coins, and trading is free! BUT, do not deposit large amounts into the exchange at this time. There are still bugs, and problems are expected. Please report all issues on our forum, under the Bug Reports channel.

What Can Be Tested

So far, we released the following components for testing:

- Wallet
- Peer-to-peer payment
- Basic exchange interface

We had to pull the advanced trading UI from this release at the last moment, as there were still too many issues with it. So, at the moment only the basic trading (no limit orders) is supported. And, there are no charts and graphs. The advanced trading will be available for the testing in the next couple of weeks.

Also, at the moment we only have about 40 assets. We are planning to add more in the nearest future. Note, USDT currently cannot be deposited or withdrawn. You have to exchange it into something else first.

In addition to bug reports, we are open to any feature suggestions you may have.

At this time, Daxico is not available to United States residents.

Sign up at https://daxico.com

Happy New Year!

DAXI token is now live and available for sale. NO, we are not doing an ICO in a traditional sense of the word. Our product development is almost completed and we are LIVE on the mainnet. Rather, we want to use the token to compensate the participants in our bounty campaign.

The details about the bounty campaign are upcoming.

BUT, you can still support our project and participate in its potential success by buying the DAXI token at discount during our presale. The presale will last for one year, starting now and ending on December, 31st, 2019. The token price starts at USD 0.10 and will increase each month with the target price of USD 1.00 on January 1st, 2020.

DAXI presale pricing in USD:

Jan   0.10
Feb   0.12
Mar   0.15
Apr   0.18
May   0.22
Jun   0.26
Jul   0.32
Aug   0.38
Sep   0.46
Oct   0.56
Nov   0.68
Dec   0.83
Jan'20   1.00

After January 1st, 2020, the DAXI price will be set by the market.

Where to buy:

DAXI can be purchased now at Daxico.com

Bounty campaign is now live!

We are running two bounty campaigns:

• Social media bounty
• Bug/beta testing bounty

The token allocation is 1,000,000 tokens for the Social Media and 200,000 tokens for Bugs.

Both campaigns end on March 11, 2019.

Join our Telegram channels for more details:

Official group: https://t.me/daxicoex
Bounty info: https://t.me/DAXICOBounty

I see no whitepaper or team information on your website apart from this https://daxico.com/forum/topic/7-about-our-team. Why there's not even roadmap or information about how did you manage to launch the mainnet already? People who will be using your exchange deserve to know where this platform is from and how will it run. Even though Bitcoin's purpose was to make the users anonymous but we are living in a time when people simply don't trust any platform without transparency. Apart from those concern, I have a few questions. Will Daxico have margin trading? Will it give dividend among the token holders?

Some question about the DAXI Token, at your sale for the DAXI you using IEO for the sale. Every month you change the price for the DAXI ended on 2020, Thats was really long. So we as a trader cant make some trading activity during that ? must waiting 2020 ?

Hi invincible49,

Thank you for your comment. We did not publish a formal whitepaper, as we are not raising funds via an ICO. Instead, we invested our own time and money in developing this product, which is already launched and is not dependent on a token sale or other external funding.

As far as anonymity, we do not have anyone famous behind this project, although our team is very experienced. So, it would not benefit us to publicly announce who the team is at this time. That said, we definitely support transparency in exchanging and crypto in general. But, we also think there should be more efficient ways for gaining trust other than putting a big name behind the project. We think people should try using our service and judge for themselves whether they like it or not.

Yes, we will have margin trading. At this time, we only launched a minimum viable product, which is still going through testing. Margin trading will be added soon.

DAXI token will have dividend! We will announce the details soon.

Hi Juse14,

Actually, you can trade DAXI token now. You do not have to wait until 2020.

Daxico is currently a market maker for DAXI, and we sell it at the price that changes according to the schedule that we posted. This allows people who are interested in getting it at discount to purchase DAXI at that price. But, you can create your own buy or sell order at any other price. There is no fixed price for DAXI or any other limit.

Registration is quite unique, if I lose the mnemonic phrase, is there another way to restore my account? because when I registered, I did not link my email.
 And whether you will hold an event to promote your tokens, like airdrop maybe? I think it's an easy way to promote your tokens. And I hope you can introduce your team to us, although as you say it is not profitable for you, but for us, it's very important to make us your business partner.

You are selling your token up to next year 2020?  You are not doing ICO but looks very strange.


Its like you can remain anon in this exchange. You have to keep you mnemonic phrase in order to recover your account in case you lose your password. Its a basic thing to do. If you have been using the WAVES DEX, its almost like it. You can always use it without submitting KYC.

yes indeed it is very important for us especially those who want to support this project after I read this, I hope there are no more worries and we just wait for next update https://daxico.com/forum/topic/7-about-our-team

after I saw the DAXICO website link I did not see who is the team working behind this project and there was no white paper or road map link. where can I find the link? I'm very sure that this project is very good and has good potential in the future. what are the new developments on DAXICO that you can provide at this time?

Hi Mandor,

We have a few things in the works at the moment:

1. We are adding more assets and trading pairs.
2. We will be adding margin trading soon.
3. We will add an affiliate program soon.
4. We are considering adding derivatives trading (a bit in the future).

Our ultimate goal is to make Daxico one of the top crypto exchanges.

DAXI token will pay dividend!

We are pleased to announce that DAXI token will pay dividend to qualified token holders. To receive dividend payments, DAXI token holders will need to:

1. Deposit DAXI token to their account at Daxico
2. Not physically reside or be a citizen of a restricted country (see below)

Dividend Payouts

Dividend payments will be disbursed on the 1st day of each month at 12:00 GMT in Ether to token holders’ Daxico Ether accounts. Payment amount will be calculated with the formula:

D = f x I x K

where:

D – dividend payment to the token holder’s account
f – fraction of the token holder’s DAXI token ownership
I – total Daxico income during the last month
K – profit margin coefficient

Fraction of the token holder’s DAXI token ownership, f, is computed as the average balance of the token holder’s DAXI account during the last month divided by the total number of the existing DAXI tokens (100,000,000).

The profit margin coefficient, K, will be initially set at 30%. It will be periodically adjusted by token holder voting to reflect the current Daxico profit margin.

How to participate

Users can obtain DAXI token by participating in Daxico bounty campaign or by purchasing DAXI tokens directly at Daxico exchange.

If you are getting DAXI token elsewhere, make sure to verify DAXI token contract address: 0x5357b9265375ee83a56fe8a74c25e2d486f784b7.

Restrictions

All Daxico services, DAXI token, and dividend payouts are not available to resident or citizens of the restricted countries:

• United States of America
• Iran
• Cuba
• Syria
• North Korea

Daxico may ask token holders to provide documents to verify that they are not a resident or citizen of a restricted country.

More information

For more information, visit:

Daxico forum: https://daxico.com/forum
Official Telegram group: https://t.me/daxicoex
Bounty Telegram group: https://t.me/DAXICOBounty
Bitcointalk bounty thread: https://bitcointalk.org/index.php?topic=5097539.0

A very good picture of the project if it becomes this project as one of the top projects this year. The time to see that will happen this year with all the hopes described.

You are not asking KYC procedure but you are asking documents to prove residence how is this different? How do you ask proof of residence without asking government IDs? This isn't as anonymous exchange like the articles that claim on steemit.  Signing up to the DAXICO won't asks emails or anything but they will ask proof of residence. :)

Hi fudster,

This is incorrect. You can try singing up now to see what the signup process it. I hope it will answer your questions.

DAXICO THE MOST RELIABLE AND TRUSTED EXCHANGE FOR TRADING OF CRYPTO ASSET and for more information you can read here https://ulogs.org/@sonnyeyakwaire/daxico-the-most-reliable-and-trusted-exchange-for-trading-of-crypto-asset

Thank you, Restuibu!

This concept of exchange is good in a way, without much bureaucracy to access and use. Regarding the type of sale, it is a bit risky, most of the projects had their tokens devalued in this way.

Hi r_victory,

We are not attempting to pump the price of our token up through some tricky token sale scheme. We believe the value of the token will be determined by how much dividend it will ultimately pay.

I think it's good that you think so and of course the payment of dividends is a great attractive and differential. This can and should attract many investors as well as an exchange working properly.

I just registered, and look like good, for now I only see the interface hehe, I still learning your project. But, do you have any plan to release Whitepaper in the future? I guess we need it for share with other people or friends and also make easy for people to learn this project.

Hi kudil,

We were not really planning on publishing a whitepaper. There reason was we thought that most of our features should be intuitive to use (we hoped so). But, if you have any questions, we will sure be happy to answer. Let us know!

We don't see how many teams are behind Daxico? are they really there? and when the token pair is sold.

Hi Fesatmas,

We will not have an official ICO, but if you wish to support our project, you can buy our token DAXI at our exchange now. The price is $0.15. It will be $0.18 in April. The token will pay dividend.

So this is the chance to buy DAXI for $ 0.15 before April, and he said in 2020 DAXI's price was targeted at $ 1 after the market was determined.

You'e very right, now is perfect time to buy because price is still very cheap then hold tokens until 2020, you will get a lot of profits. other than that if in 2020 market grows again then you can see DAXI above $ 1

i just wondering how many tokens that already sold until now?
because i just visit the website and see daxi/usdt but the trade history shown only 200 tokens sold at price 0.1 usdt

They said there were no sales for Daxico tokens, daxico prices would be fixed by the market in January 2020

so there are no ICO sales here.

yeah, i know about that because i read the previous post, but he in the post i quote he said we can buy daxi token at the exchange
i visit to see and they sell it with amount 1 Million token @ 0.15 USDT

so how they fixed the price if there is no people buy it?
how do they set the price for sure if someday someone dumps the token?

We can only offer it for sale at $0.15 ourselves. This does not prevent other people from selling at lower price. Also, there is no lock-up period, so people can sell immediately. Ultimately, the price of the token will be sent by the market. We think that dividends will make it very desirable to hold.

If this token continues to be held for a long time, will it experience a gradual price increase? I see a lot of projects that have a price of coins which every year has decreased in price until it completely disappears.

I hope the Daxico price target will reach $ 1 when going forward in the future, and maybe it will expand again to more active tokens and will not just disappear in a long time.

The same expectation to see this project is at a good price in the market because of the many projects that produce a coin that doesn't really have good prices on the market at the moment and finally the coin is not active.

Apparently there is no movement in the exchange. Or is it just my impression? Is there any information I missed? As the distribution will be made soon, after all, for a market to be good it needs demand...

With this new model, it's no longer the bounty hunters that dump the price...

I think the price of $ 1 is too big for new project and I also don't see a lot of the latest information on telegrams and if indeed the team wants a price of $ 1 they must have more ideas so that many people are interested in this project

For now, the DAXI token doesn't have trading volume, although it is already being distributed. The other listed assets seem to be trading, let's wait, but apparently we will only have sell orders, since the hunters seem desperate to deposit what they received...

It just me or my deposited token doesn't appear in the website, even though it's already confirmed, its been almost an hour since it was confirmed.

EDIT: When is the distribution of the dividend, will it be sent at april 1?

EDIT 2: my balance still not updated.

I thought trade section still not opened yet hehe, I want to know, is this possible if in the near future DAXI will be listed on another exchanges?

For now we can't be sure of anything, they are no longer responding to the questions and complaints on the Telegram. No information on progress, or even the possibility of new exchanges...

since a few days ago there was no news on telegram and it seems team has left this project ... if it arrives until the end of April there is no news whatsoever I think this is scam project

Hi guys,

We have completed our bounty campaign. Please now use our Help Desk for reporting any issues with the service.

Thank you very much for participating in our bounty campaign!

What are you doing to publicize and make the exchange known? The DAXI token is available but is not being negotiated! Exchange is up and running, but does not seem to be used... :-\

The best option for promotion of our exchange is the community support. Please help us by mentioning it on this forum and social media.

Just what notice do you have? no information about the development of the project?

if you don't have any information, how can we promote and support your project? I'm one of participants who supported your project and joined bounty some time ago

It is difficult to promote something that we don't know anything about, lack communication on your part, people are complaining about not being able to deposit. How to promote something that apparently isn't working?

This project was very inactive and didn't see anything good from Daxico. I see this project is over and do not have an exchange of tokens they have.

yes you are right, if this project is no longer active in telegram and I also don't understand why team is off, does team really give up on developing this project because they don't have funds

Feel free to ask us any questions. We are here to answer.

About the deposits, we had an issue with the Ethereum node, which has now been fixed. We are still in alpha, but will be going to beta soon.

We offer crypto-to-crypto trading with no trading fees at this time. We are currently working on adding more currencies such as Litecoin and Dash. We are definitely open to feature requests or any suggestions. Let us know what you would like to see at Daxico.

2 months have passed for the bounty ended so i comeback here to see the exchange progress but when i visit the website then i got this error

https://i.imgur.com/G6dSvKU.png

is this happen just to me or it happens to anyone too?