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February 10, 2018, 02:08:02 PM |
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ONYX Futures Exchange - Commission-Free Crypto Futures Trading With Zero Trading Fees and Decentralized Account Balances
Don't miss out on this great opportunity. We have amazing plans for the ONYX Futures Exchange Platform
What Is The ONYX Futures Exchange
The ONYX token presents a commission-free Futures exchange that covers operational costs by yearly coin offerings based on the number of contract created for the previous year and the current years’ token value, instead of charging fees for each trade. The increase in demand for ONYX tokens from traders who are fond of commission-free futures markets will help the ONYX token increase in value. The exchange is developed using a smart contract. This means your funds are in your control and not ours. The Ethereum blockchain will hold all the account balances. This unique model will provide transparency, speed, and enhanced security for the ONYX platform.
The ONYX Token
All account balances on the ONYX Futures Exchange are denominated in ONYX tokens and the tick value of every futures market is 1 ONYX. By using ONYX tokens (Ethereum based) as the native currency on the OYNX Futures Exchange, all transaction fees are eliminated. Traders must own ONYX tokens to participate in the commission-free, trustless market on ONYX. All profits, losses, margin requirements, and account balances are denominated in ONYX tokens. By ONYX tokens being the currency of the exchange and being required by all traders, this creates demand for the token, therefore increasing the value. Revenue is generated, by introducing more ONYX tokens on yearly basis by coin offerings at a 10% discount based on the previous year's new contracts created and the current year's token value.
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