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Author Topic: [ANN][100% Mineable][No ICO][No Pre-mine]VX Coin - The native token of ViteX DEX  (Read 2304 times)
tex173
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August 09, 2019, 05:15:58 PM
 #21

Can someone give me a clear idea about transaction fees?
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Every time a block is mined, a certain amount of BTC (called the subsidy) is created out of thin air and given to the miner. The subsidy halves every four years and will reach 0 in about 130 years.
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August 09, 2019, 05:21:26 PM
 #22

Can I earn VX token free?  

Yes, you can earn free VX token by joining bounty here  https://bitcointalk.org/index.php?topic=5170304

As far as I know that is not VX token but instead, that is VITE native token. And about free VX token, yes you can get it by referring.
Quote
Referring is Mining

Users can apply for referral codes to invite their friends to become traders on ViteX.
You can apply for a code by completing this form here. Referrals benefit both the inviter and the invitee.
For example, Alice sends Bob a referral code. When Bob signs up and starts trading on ViteX, he gets 10% off of all trading fees
(Base Transaction Fee + any applicable Zone Fees) on ViteX. Alice, on the other hand, benefits from Bob’s trading activity as
5% of Bob’s accumulated trading fees count for Alice’s accumulated trading fees.

For example, if Bob accrues $100 in trading fees and Alice accrues $200, Alice will effectively have $205
in accumulated trading fees (thus boosting the ratio of her trading fees to the total collected fees).

that is the only way to get free VX token in my opinion.

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cooltoadfrommoon
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August 09, 2019, 06:04:34 PM
 #23

Can someone give me a clear idea about transaction fees?

For Vitex, the base transaction fee is 0.2 %, If you stake 10K Vite for 30days your transaction fee would be reduced to 0.1%.
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August 10, 2019, 07:31:33 AM
 #24

Can someone give me a clear idea about transaction fees?

For Vitex, the base transaction fee is 0.2 %, If you stake 10K Vite for 30days your transaction fee would be reduced to 0.1%.

There will be addittional fees by operators (up to 0.2%). And everyone can become operator and earn money on exchanges fees. Here is article where this explains:

https://medium.com/vitelabs/explained-token-issuers-vitex-operators-token-rights-345c24e8c67
NITER2018
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August 10, 2019, 04:10:57 PM
 #25

I am thinking to hold VX, would that be profitable? 
tex173
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August 10, 2019, 06:45:55 PM
 #26

I am thinking to hold VX, would that be profitable?  

VX holder would receive some partial amount from trading fees collected by VX Platform. To eligible for this, one must hold at least 10VX.
Bitum
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August 10, 2019, 08:34:49 PM
 #27

The exchange has already started without problems and currently everything is going well. I have been involved in the project since the beginning and follow it. I like the project and the team

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August 11, 2019, 01:07:38 AM
 #28

I am thinking to hold VX, would that be profitable? 

When exchange will have big volume it should be profitable in future. VX holders will be able get dividends (from trading fees) in 4 currencies: VITE, BTC, ETH and USDT.
cooltoadfrommoon
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August 11, 2019, 03:54:21 PM
Last edit: August 12, 2019, 10:44:21 AM by cooltoadfrommoon
 #29



I got this from the Twitter handle of Vitex. This was snapped after launching. Good Luck to ViteX Team.
tex173
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August 11, 2019, 04:08:20 PM
 #30

I want to list my token on ViteX exchange, how to do it?
NITER2018
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August 11, 2019, 04:33:43 PM
 #31

I want to list my token on ViteX exchange, how to do it?

Yap, there is a guideline of how to list your token on ViteX exchange, check this here https://forum.vite.net/topic/2282/guidelines-on-how-to-list-your-token-on-vitex
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August 11, 2019, 04:47:52 PM
 #32

It's really challenging for Vitex to choose Decentralized exchange because there are so many people who still believe in a centralized exchange. I hope Vitex will take this as a challenge and bring a new revolution of decentralized exchange in the industry.
tex173
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August 12, 2019, 10:25:15 AM
 #33

I want to list my token on ViteX exchange, how to do it?

Thanks, I really liked the idea of creating a forum. Users can learn about the new campaign, announcement and create a support thread as well, kudos to the team.
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August 12, 2019, 10:58:30 AM
 #34



They are the current operators If anyone wants to be an operator can apply this method https://forum.vite.net/topic/2283/guidelines-on-how-to-become-an-operator-on-vitex
NITER2018
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August 12, 2019, 11:07:20 AM
 #35

Can I earn VX token free?  

Yes, you can earn free VX token by joining bounty here  https://bitcointalk.org/index.php?topic=5170304

As far as I know that is not VX token but instead, that is VITE native token. And about free VX token, yes you can get it by referring.
Quote
Referring is Mining

Users can apply for referral codes to invite their friends to become traders on ViteX.
You can apply for a code by completing this form here. Referrals benefit both the inviter and the invitee.
For example, Alice sends Bob a referral code. When Bob signs up and starts trading on ViteX, he gets 10% off of all trading fees
(Base Transaction Fee + any applicable Zone Fees) on ViteX. Alice, on the other hand, benefits from Bob’s trading activity as
5% of Bob’s accumulated trading fees count for Alice’s accumulated trading fees.

For example, if Bob accrues $100 in trading fees and Alice accrues $200, Alice will effectively have $205
in accumulated trading fees (thus boosting the ratio of her trading fees to the total collected fees).

that is the only way to get free VX token in my opinion.


Take a view at this thread to learn better https://bitcointalk.org/index.php?topic=5170304
magisterr
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August 14, 2019, 01:41:45 PM
 #36


that is the only way to get free VX token in my opinion.


You can stake your VITE coins for getting VX tokens (when this will be available). Also, you can stake VITE right now (by voting for Supernode) and get free VITE
Elsop
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August 27, 2019, 09:45:53 AM
 #37

How can I get ViteX token?

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August 27, 2019, 10:11:06 AM
 #38

With the many ways to earn VX, is there a proper way to mine VX for the coins? If there is such, will CPU mining be available for those of us on laptops and not active miners?
There are many interesting things listed on your site which are yet to be done. I look forward for them as soon as possible.

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August 27, 2019, 01:16:47 PM
 #39

How can I get ViteX token?

Maybe you can buy or contact the development team to buy the token or buy at the time the discount is given to investors who have participated in it. You can join the project telegram group to buy the token.

magisterr
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August 27, 2019, 01:22:52 PM
 #40

With the many ways to earn VX, is there a proper way to mine VX for the coins? If there is such, will CPU mining be available for those of us on laptops and not active miners?
There are many interesting things listed on your site which are yet to be done. I look forward for them as soon as possible.

No, VX is the 2nd (exchange) token of Vite products.
There will be mining throght staking Vite coins, trading on ViteX exchange and listing new pairs to ViteX exchange.

You can read there about staking:
https://medium.com/vitelabs/vitex-101-update-489f6e49392

And there is some updates info:
https://medium.com/vitelabs/announcement-revised-vx-release-model-a480cbc07056
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