Review on Tidex Token by Fanuel PORPORTY
Tidex is a crypto to crypto exchange that was established in 2017, and it allows users to trade in both cryptocurrencies and Waves assets.
Tidex is a Waves-integrated exchange that aims to stand out by providing access to a number of Waves assets, as well as more popular cryptocurrencies such as Bitcoin, Litecoin, and Ethereum. The exchange also allows trading in certain digitized forms of fiat currencies including WUSD, WEUR, and USDT. In addition, Tidex also allows users to list their own custom tokens upon approval, much like the Waves platform
The platform also incorporates its native Tidex token (TDX) which is issued to users via the loyalty programs. The Waves based token provides a basis for the Tidex discount program and rewards are paid out as TDX tokens to active traders on the exchange. Frequent traders receive a daily reward on their balance that reflects their daily trading volume and all TDX token holders get a commission discount of up to 50%, and will be able to reduce a trading commission up to as low as 0.05% on all trades.
Pros
- It is claimed that their customer support is available 24/7,
- Los transaction fees
Cons
- Tidex does not allow trading in fiat currencies, though the aforementioned digitized fiat currencies such as WUSD or WEUR.
