Tdxp.app is a market making CFD brokerage that uses BSV as its settlement asset. Every trade, every profit, every loss taken on TDXP brings the free market closer, whilst eroding corruption. TDXP is a derivatives trading platform built on Bitcoin SV. Users can access the site via their Money Button or RelayX wallets and immediately start trading with no sign-up or KYC required.
Many markets are available on TDXP, including the major U.S. stock indices, precious metals, individual stocks, top cryptocurrencies, and forex. As a U.S. citizen and not being able to trade on the app, I still receive utility from its slick live feed of all the markets I am interested in.
To Start Trading WithTdxpExchangeCryptocurrency Indian Residents First Have To Sign Up For An Account By Following The Steps Below.
Step 1. Click On The “Login/Signup” Link On The Top Right Hand Corner Of The TdxpCryptocurrency Website.
Step 2. In The Form, Fill In Your First Name, Last Name, Mobile Number, Email ID And Password.
Step 3. If You Have A Referral Code, Enter The Code While Creating Your Account.
Step 4. Submit The Form And Wait For An Activation Email To Be Sent To You.
Step 5. Click On The “Confirm Email” Link In The Activation Email.
Step 6. After Your Account Is Activated, You’ll Be Sent A 6 Digit One Time Password (OTP), Which You Have To Enter After Logging Into Your Tdxp.
TDXP app provides the most intuitive trading experience you’ve ever seen.
How to get a TDXP account?
Users of DotWallet, Money Button, RelayX, HandCash and soon Volt already have a TDXP account. As a new Trader, just click the signup button, answer the questions and choose the wallet you wish to use. Transfer BSV to this wallet or purchase it directly through either wallet with a credit card.
How do I open a trade?
Click the market you want to trade, then click ‘buy’ or ‘sell’ tab and enter the ‘amount’. Please click ‘more’ in the right part of the ‘buy/sell’ button in order to customize your trade.
Can trade with leverage?
Yes. Maximum leverage varies depending on the asset. Adjust leverage before opening the trade by pressing ‘more’ in the right part of the ‘buy/sell’ button in order to customize your trade.
How does the leverage work?
Positions are opened by paying the margin value from your bitcoin wallet. The margin value is equal to the position amount divided by the selected leverage. Higher leverage means more potential profit and closer liquidation price.
What happens when I take a profit?
Tdxp.app Profits are paid at the end of every 8 hour trading session. Please follow the Unsettled section, which you can find on your account tab, to learn how much and when you will be paid.
How are deposits and withdrawals processed?
They aren’t. There is no need to deposit funds. Login using a private non-custodial wallet* and trade directly from your wallet. There is no need to withdraw funds – as TDXP Exchange doesn’t hold your trading account. Your funds remain in your wallet. Every closed position popup contains links to Opening, Closing and possibly Profit transactions that are immutably recorded on the Bitcoin ledger.
Tdxp.app is the first on-chain trading protocol and app that enables you to speculate on the rising or falling prices of fast-moving global financial markets, such as forex, indices, commodities, stocks and cryptos.
You can’t buy and sell any underlying assets, instead you use BSV to trade an on-chain contract for difference (OCFD). It is essentially a contract between a trader and the on-chain liquidity pool (which is funded by the public), to exchange the difference between the opening and closing prices.
The most important reason for you to trade on TDXP is that it balances retail vs. institutional winning chances by giving the users the data of their trading positions back, encrypted and uploaded on Bitcoin.
Tdxp.app want to facilitate global trade and commerce by removing emotional retail traders from the institutional order book, thus making markets a fairer price discovery tool. Moving retail liquidity away from the “trading cartel” will make market and media manipulation uneconomical. They advocate that most/all retail traders should not participate in real asset markets as big traders take advantage of them.
Using Bitcoin, they have created a trading platform where liquidity is governed on-chain through the protocol and funded by the public. The system ensures unbiased market making and that neither developers nor any other party can get around the protocol rules.
What are the unique selling points?
TDXP Exchange has no real competition at the moment:
no platforms offer trading traditional markets from a non-custodial wallet
no platforms offer trading without deposits and withdrawals
no platforms allow $0.01 trades
no platform can boast this level of transparency and record all data on-chain
no platform has 0 withdrawal fees
no platform offers such high returns to liquidity providers
no platform has a UI designed to make it easier to win
no platform is unable to profit from trading data and losses
TDXP levels the playing field for everyone involved, by using a unique protocol that creates a much healthier profit environment for even the smallest traders. The UI is designed with the user in focus, so that it performs as the most user-friendly trading app you have ever used.
Under the hood there is a settlement engine powered by Bitcoin and the second layer protocol, to ensure that user payments are fast, secure and verifiable.
Is TDXP decentralized?
Full decentralization is well underway. Today they custody the individual trades, but don’t custody users’ wallets and record all trading data on chain. The TDXP protocol is designed to run on the BSV blockchain and be governed by a distributed network of unpredictably selected servers via multi-signature access.
At the moment the protocol is hosted on a single server, maintained by the nonprofit UK foundation. This foundation is responsible for developing the protocol and keeping the protocol rules unchanged, until the network of servers is rolled out.
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One of Coinworldstory's longest-tenured contributors, and now one of our news,ico,hyip editors, Verna has authored over 6900+ stories for the site. When not writing or editing, He likes to play basketball, play guitar or visit remote places. Verna, to his regret, holds a very small amount of digital currencies.