Had a “wow” moment this morning, as I learned about a new exchange that launches in October. It’s called WCX and it might just change the way cryptocurrency exchanges operate from here on out.
DISCLOSURE: Up there is a referral link, so we’ll benefit from your using it to sign up. However, there’s nothing stopping you from signing up and then using your link to invite people.
A “pro experience,” you say?
To read that, and read between the lines, you might think that they’re insinuating that other experiences are more “amateur.” And if you look online for commentary about Poloniex, for instance, you might agree.
From my perch, I do like Poloniex and haven’t had problems with it – with ANY exchange you must make sure that you’re taking the right steps with your digital currency. Don’t have too much in any one place and, if you plan on HODLing – “Holding on for Dear Life” – you are best off putting coins and tokens into some sort of cold storage.
Another affiliate link here: Trezor is the one thing we recommend for parking your coins in storage.
I also like Bittrex – US-based – and Cryptopia (that’s a referral link there, too), but can totally understand the need for an alternative.
“10x lower fees,” you say?
Okay, that’s another one that’s going to get a few people interested – though, honestly, fees in crypto appear really low already.
Quoting the site:
Tiny Fees. Some exchanges charge up to 1% in fees on every transaction. WCX is 10x cheaper and market makers are paid. That means more money stays in your pocket.
Sharing in the profits???
Read this from the site and tell me this doesn’t have tremendous potential, too…
The kicker? Social Recruitment.
I love this element – it looks like we’re in effect participating in the ICO by recruiting people. It reminds me a little of the bounty program run by our friends at Exscudo, or one of the scores of other bounty programs out there.
You’ve got to wait…a little
This has just launched – the first tweets from the team (here’s their Twitter page) are from TWO DAYS AGO. And the timeline calls for an ICO beginning September 9.
But we’ll be watching…
Here’s that link again to sign up: WCX Link.
Also, if you haven’t gotten started by buying crypto on Coinbase, what are you waiting for? That’s a link that can potentially get you a bonus with a qualifying purchase.
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