Investors get another shot at an L1 protocol as DTX’s presale approaches $1.5m
Key takeaways
- DTX Exchange is set to join a host of other layer-1 protocols in the Web3 ecosystem.
- The project raised nearly $1.5 million in its presale and will use the funds to roll out a range of products, including a wallet.
What is DTX Exchange?
DTX is a new layer-1 protocol coming to the cryptocurrency exchange. According to its official website, DTX Exchange is a comprehensive investment platform designed for seasoned investors seeking access to a diverse array of financial instruments.
The platform offers high-end products that ensure seamless investment in cryptocurrency, equities, forex, and other asset classes.
Per the development team, DTX will focus on delivering an unmatched trading experience. The platform has a zero-commission policy, expedited withdrawals, and rapid trade execution.
Furthermore, as an investment platform, DTX has strict adherence to regulatory standards, ensuring a secure and compliant investment environment.
The team explained that traders with at least $10,000 on account with the DTX Black Club will have access to different benefits. Some benefits include rakeback, monthly bonuses, level-up bonuses when you move, e.g., from bronze to silver, weekly bonuses, daily bonuses, and reimbursement from net losses.
DTX Exchange’s core features
As a trading and investment platform, DTX Exchange comes with a wide range of features. The team revealed that the exchange will go live before the presale comes to an end.
DTX will also launch a layer-1 protocol to compete with industry leaders, including Ethereum, BNB Chain, Solana, and others. The project has raised nearly $1.5 million in its presale, and Solidproof completed a KYC audit.
As a trading platform, traders can use up to 1000x leverage, which is higher than what is attainable on the leading centralised cryptocurrency exchanges. Furthermore, the DTX exchange will be home to over 120,000 assets, indicating that investors and traders will have access to a wide range of trading pairs. The platform will also introduce Quant and Algo trading as it seeks to attract some of the world’s leading traders.
Investors focus on DTX’s presale as funding approaches $1.5m
The DTX Exchange presale is currently in its second round and has attracted over $1.4 million so far. Upon launch, DTX is expected to achieve a daily trading volume of $175,000,000 on the exchange from all the assets traded.
With a 0% commission, DTX will raise revenue using other means such as spreads, withdrawal fees, listing fees, staking fees, margin trading, and futures trading. From the $175,000,000 volume, DTX will yield a profit daily of approximately 2% ($3,500,000).
In this current presale round, investors can purchase a single DTX token for $0.04. However, the token price will increase to $0.06 in the next presale round, which commences once the amount raised reaches $2 million. Investors can purchase the DTX token using USDT.
Find out more about the DTX presale here.
Why should you invest in the DTX project?
In the history of the crypto space, the best times to purchase tokens are either during the presale or during a bear market. DTX Exchange could become a leading trading platform thanks to its proposed products and a layer-1 protocol.
As a VIP presale investor, DTX Exchange will share out of the 2% profit, with 1% distributed as a rebate share among its VIP Presale Investors. The team explained that the rebate share can be paid on a daily, weekly, monthly, quarterly, bi-annual, or annual basis.
DTX is offering investors various incentives, and its native token could follow the footsteps of other exchange-based tokens like BNB, OKB, CRO, and GT.
