SCCN Stock Exchange — a decentralized application on the TRON blockchain where you can buy shares in companies. It uses SCCN - a cryptocurrency on the Tron blockchain, according to the TRC20 standard.
Contents:
Brief description of the SCCN Stock Exchange
Here, users can invest their SCCN in stocks. Stock prices (based on real values) will rise and fall. For this application, every 1 dollar is converted to 1 SCCN. The stocks, purchased here, can only be used within the project, since all of them are stored by smart contracts.
Earnings on the platform
You can earn by buying stocks at low cost and selling them when the price rises. The platform charges a commission of 1.5% each time you use the project. 0.5% goes to pay for the services of the administrator, and 1% - to your referrer.
However, these fees won’t affect the amount of your profit, since you will still receive the full number of shares.
How to get started:
| Firstly | Make sure your browser has a TronLink wallet or other compatible Tron wallet extension. Then, check that there are SCCN tokens on the account. If you don’t have enough tokens, you can always purchase them in exchangers. |
| Secondly | Select the stock you want to invest in and enter the number of stocks you would like to buy. The input field displays the total value of the shares. Before buying, make sure that you have enough funds. |
| Thirdly | Click the green “Buy Stock” button. After confirming the transaction, you become the owner of the shares. |
Thanks to the action of the referral system, you earn by inviting your friends. 1% of the value of all purchases that they make will be automatically sent directly to your Tron wallet. To attract friends, just tell them to enter your address in the “Referral Address” input field.
Risks and other features
Stock prices are updated via third-party JavaScript. Developers don’t provide White Paper, Road Map and smart contract audits. They also do not guarantee the functionality of this JavaScript. Although the creators of the project try to keep track of prices, they can’t guarantee anything regarding the time of updates.
There are several risks, associated with investing in this application:
- The contract may be depleted at any time. Profit can be issued only in case of loss of some users. Using this application, you take full responsibility for any loss of funds.
- The stocks you invest in can go up or down. Therefore, invest only in what you really can afford.
Use Discord to communicate with developers. There is also a telegram channel that is only gaining subscribers. News, regarding the project, will be published here.