Unlimited Trades for $30 — NO CAP
tradesprite.com is a great blend of offerings where volume drivers, makers, takers, hodlers of native token are being rewarded through the simplest fee model in the business, which is having unlimited trades for a fee of mere $30 (paid via the native CGC tokens). Currently one needs to pay 1000 CGC to subscribe for $30 unlimited plan. Every month number of CGC tokens will be recalibrated against $30 based on the prevailing market price of CGC at that point of time.
Exchanges mostly built their eco-system by offering discounts on trading fees if paid through native token. A decrease in fee is proportional to the volumes traded. Also keeping the discount deflationary on a year on year basis results in the increase in token valuation. Native token is being used as medium to access utility of other platforms thus creating demand over all. Exchanges also apportion a certain percentage of trading fee earned, into a fund to counter the loss due to security breaches. As suppose to burning tokens, it’s locked for exingencies & creating Hodlers of the same.
Exchanges without a native token have built their eco-system by providing discount on trading fee if a certain volume of trades is achieved with -in a stipulated time period. Makers have been rewarded aggresively compared to the Takers from a fee standpoint. Apart from driving volume with unsustainable discounts, there is no other significant mechanism of reward a trader can get in this model.
Among exchanges, while they are fiercely competing for user loyalty, be it through new features, decentralization, security, or other means, native exchange tokens are a powerful method of ensuring long term user loyalty resulting in a win for both parties.
On tradesprite.com there is no distribution of profits, no discount on trading fee based on slabs, and other complex rewarding mechanisms, it’s just $30 flat , to be paid in CGC tokens for unlimited trades per month — trading fee simplified.
An important factoid being a mere 30,000 users on the platform can exhaust the entire supply of CGC tokens, at a particular valuation, resulting in buy side pressure, which is a good position to be in.
The go live is scheduled on 10th of October 2018
Below analysis is based on 500k volume of trade in 30 days period of time.
You need to signup on tradesprite.com & click on the subscribe button as shown in the picture below. You will need to have 1000 CGC token in your wallet to accomplish this.
And, Voila — all set to make unlimited trades.
Our REFERRAL Program is live — you can earn 500 CGC unti 10th Oct per referral, post which it’s 350 CGC only. Hurry up!!!
https://tradesprite.com/faq/#signupairdrop
https://tradesprite.com/referral/
People do not buy goods & services. They buy relations, stories and magic — “Seth Godin”
With one of the fastest matching engines, low trading fee — an adventerous trading experience is definitely awaited. Let’s participate in the upcoming magical experience.
About tradesprite: Incorporated in Singapore.Promoted by an highly experienced stalwarts from the financial services market.
Social Media Links:
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Devi Prasad — CEO Tradesprite
