otbTrade — an application on the IOST blockchain that allows users to trade a variety of digital tokens. In the future, stocks, forex and other markets will be included.
Contents:
- Brief description of the project
- How to start trading on the blockchain platform?
- Additional information about dapp
Brief description of the otbTRADE project
You don't need a dedicated otbTRADE account to use the platform. Your login is through a dedicated browser wallet for the web, for example, Iwallet for iost on chrome or IOST mobile wallet, for example TokenPocket. Developers charge 0.2% transaction fees. The fee can be reduced if you use the otbc token. For each used otbc token, you get 10 deals with a discount. Each discounted trade gives you a 25% reduced commission for that trade.
Features of the project:
| Firstly | Each DEX has a different minimum transaction value, required to process the transaction successfully. |
| Secondly | Purchase order fees will be refunded if you cancel the order. If the order is partially completed, you will not return the full amount. |
| Thirdly | CoinSwitch, partner of otbTrade, operates on the most trusted exchanges in the world. |
otbTrade shares 50% of trading fees income with the community through a lottery system. At the moment, 5 lucky ones are drawn every Monday at 12:00 GMT. The 5 winners receive an equal number of participants in the lottery. The easiest way to get a lottery ticket - to trade on the platform.
You can also use OTBC tokens to get deal discounts and earn 1 lottery ticket for each token used. The developers ensure the smooth operation of trading and converting cryptocurrencies, digital currencies, altcoins and cryptocurrencies by integrating with reliable and safe exchanges in the cryptocurrency market, helping customers to get the best rates while ensuring their safety.
How to start trading on the blockchain platform?
You need to have an IOST wallet in a Google extension, called iwallet. You can click the login button to see instructions. There are many different wallets you can use. The project developers recommend using Jetstream and iWallet for PC. For mobile wallets, use TokenPocket. Please note that your trades cannot be lower than 10 IOST. otbTrade aims to become a cross-chain platform and will scale to meet the demands of the economy.
Additional information about dapp
There are no White Papers on the site, but there is a roadmap. Also, the developers provide only a section with answers to questions. If you want to stay up to date with all innovations, subscribe to the community on the following social networks:
You can also leave your e-mail address on the site to receive a newsletter with project news. The smart contract has not been audited.