15.12.2017 wcx – the global digital currency exchange limit, stop, trailing stop, and block orders...

15.12.2017 WCX – The Global Digital Currency Exchange

https://ico.wcex.co/whitepaper?lang=en 1/15

WhitepaperGlobal Digital Currency Exchange



Purpose

To become the largest (and mostloved) digital currency exchangein the world.

Opportunity

Pre-launch

Dramatically strongdemand.1,263,157 signups and counting from 177 countries.

And set a new standard for digital currency exchanges by relentlessly focusing oncustomer satisfaction.

Sign UpEnglish ↓

https://ico.wcex.co/




A fundamental shift.

Global cryptocurrency trading volume is surging. (USD equivalent)

Rapidly growing, butunder-penetrated.

Digital currencies are changing the way people all over the world live, spend,make, and raise money. Trading is the fastest-growing market within the digitalcurrency industry as a whole, with retail traders and institutions entering in droves.

Daily cryptocurrency trading volume has averaged 3.8 Billion (USD equivalent)over the past 3 months. While growing rapidly, it still pales in comparison totrading activity recorded in traditional markets.



Daily volume compared to NASDAQ and Forex (fiat currency trading). Digitalcurrency trading volume could grow 1,000x over the next two decades.

Problem

Existing exchanges are costly andinefficientAnd they're not built to cater to a global audience. Complaints from customersincluding trading execution lag, long delays in dealing with customer support, and



A fragmented market with no clear leader.

loss of funds are rampant. Value to the customer is low and existing platforms arebeing used for lack of good alternatives.

There's considerable demand for global, compliant, and professionally-builtexchanges that can move the industry forward in terms of performance, stability,and low costs.



Solution

A compelling valueproposition.

As WCX grows, the ability to deliver best in-class service increases.

Tiny fees for everyone.

Tiny Fees + Superior User Experience. On WCX, you get the best of both worlds:industry-leading low costs coupled with incredible performance. As WCX volumegrows, the value we provide to customers increases, creating supply and demandnetwork effects that are mutually reinforcing.



The less you pay, the more you keep. Over time, more money stays in yourpocket.

WCX fees are 4x lower than industry average and up to 10x lower than someexisting exchanges.

Superior user experience

WCX’s trading dashboard is engineered for stability and filled with all-newtechnologies that take power and performance to a whole new level – all whilefeeling instantly familiar.

The interface is fast, fluid, and easy-to-use, designed to work across devices withremarkable fidelity. It makes trading on WCX a breeze.

Highly-performant charts that cater to both beginner and advanced traders canbe customized with over 300 indicators.

At launch, WCX will support trading for BTC, ETH, XRP, LTC, XMR, and USDT, withmore products and markets planned post-launch.

WCX offers an enviable cost advantage. Just 0.1% net per transaction, and youget paid, not charged a fee, if you’re a maker. WCX was built differently from theground up to make sure we stay focused on keeping your costs low.

Streamlined design. Advanced engineering. Robust features. The ultimate formand function: WCX puts everything you need to trade inside one simple andintuitive dashboard.



Trading Engine

1 million transactions per second.

Existing digital currency exchanges can sustain up to 50K transactions per second.At 1 million per second, WCX is an entirely different creature, balancing flexibilityand power at lightning speed.

WCX's trading engine offers up to 20x more power and grunt than alternatives.

WCX's trading engine supports more than your average order types. Easily submitmarket, limit, stop, trailing stop, and block orders that work exactly as you expect– with unmatched execution speed.

It's built on the same technology that drives the largest stock exchanges in theworld. It all takes place behind the scenes, but you’ll feel the difference in so manyways.

So whether you’re a pro who’s been trading for years or someone who’s justgetting started, you'll soon be able to trade digital currencies at maximum velocitywith minimal lag.

Our API: robust, simple, powerful. Connect directly to WCX's trading enginethrough REST, WebSocket, or FIX, and you’re ready to start trading. Get all thedata you want and need to run your trading programs, at your fingertips.

There's a reason we call WCX's trading engine "The Juggernaut". It can processup to 1 million transactions per second without blinking an eye.



Security

Built from the ground up withprivacy and security in mind.

WCX uses a variety of methods and multiple layers of security to ensure thesafety of our digital currency wallets, network, and servers, as well as our softwareand web applications.

98% of customer funds are kept in cold storage at all times, out of reach ofattackers.

Global

In 190 countries on day one.

Customer Support

We’ve got your back.

Security and privacy are fundamental to the design of WCX. The platform is builtto put your privacy first, and security runs through the entire system: 2-factorauthentication, top-notch encryption, transport security, and more.

Digital currency demands a borderless world. We want everyone to experiencethe power of WCX. That’s why we're focused on delivering our message andopening WCX to people around the world. On day one, WCX will launch in 20languages.



On-site step-by-step guides help you get set up and take you through some ofWCX’s great features. And a comprehensive and searchable help center isavailable in dozens of languages to help you find answers quickly and effortlessly.

Team

A winning combination.

WCX rewards original thinking and hard work. We hire the best of the best tocreate, market, manage, and support our products.

Business Model

Proven. Predictable.Profitable.

Our customer support team is distributed and available around the clock toanswer your questions and concerns, even in times of high demand.

At its core, WCX is a software company powered by technology at every layer.Our team combines veterans from Silicon Valley and Wall Street with decades ofexperience in consumer software products and financial markets trading.

Our business model is simple. WCX takes a cut (0.1%) on trades executed on theplatform. More happy customers leads to higher trading volume, which leads tohigher revenue.



Our first milestone is 1 Billion (USD equivalent) daily trading volume within 24months from launch. Our second milestone is 3 Billion (USD equivalent) dailytrading volume within 5 years.

5-Year Annual Revenue Forecast. All numbers are in Millions (USD equivalent).

Customer Acquisition Strategy

Relentless focus oncustomer satisfaction.

We believe in smart marketing – reaching out to enthusiastic customers andbuilding a base of happy clients that will keep coming back. The cryptocurrencycommunity is close-knit and word of great service spreads rapidly.

Having a solid customer acquisition strategy is an essential component for anybusiness, and particularly for a business entering the crowded digital currencyspace.



On an international scale, we'll drive our message through a grassroots campaignspearheaded by local community managers. Our message is simple andunderstandable across borders: tiny fees + incredible service.

ICO

Details

Supply DistributionAt the ICO, 10 WCXT = 1 USD.

The WCX ICO will have a fixed hidden cap. 8% of tokens are reserved for theteam and advisors; 5% are reserved for pre-ICO marketing and bounties; and87% are reserved for the token sale itself (including pre-ICO bulk buyers).Bonuses will be available for early buyers.

All unsold tokens will be destroyed. The remaining supply will become the totalsupply of WCXT, in aggregate paying out 20% of WCX's fee revenue.

The ICO is the only time WCXT will be issued and offered to the public.

Funds raised at the ICO will be used for customer acquisition, research anddevelopment, and hiring the best and brightest in software development, security,marketing, compliance, and customer support.

By the time the ICO begins, WCX will have a fully functional product, so you'llknow exactly what to expect before deciding whether or not to participate in thetoken sale.



WCXT supply distribution.

What are WCXT?



As a holder of WCXT, you're entitled to receive a share of WCX's revenue.

20% of all revenue generated by WCX is automatically paid out to WCXT holders,in amounts based on each holder's share of the total amount of tokens.

As an exchange, WCX collects fees in many digital currencies – which means thatWCXT holders are paid in many different digital currencies. Holding WCXT ishence equivalent to holding a passive income portfolio of diverse digitalcurrencies.

Payments will be made on a monthly basis. To receive payment, you can eitherkeep your WCXT in your WCX wallet on the exchange or in an ERC20 compatibleaddress that you securely link to your WCX wallet.

Your monthly payment equals 20% of the fee revenue made by WCX over thepast 30 days, multiplied by the amount of WCXT you own at the time of payment,divided by the total amount of WCXT. Payment dates for each year will beavailable in advance on the WCX site.

Monthly Payment = ( 20% x WCX Last Month Revenue x Tokens You Own ) /Total Tokens

WCXT is an ERC20 token issued on the Ethereum blockchain.

Preparing for the ICO

To buy WCXT at the ICO, you'll need either BTC or ETH. Learn where you can getBTC in your country

Compliance

https://www.bitcoin.com/buy-bitcoin



Integrity in everything we do.

Digital currency regulation is still evolving globally. We’ll proactively reach out forguidance in jurisdictions where regulation is not clear.

If a jurisdiction decides to ban or make it difficult for its residents to trade digitalcurrency, while WCX will do its best to set up legal structures to be compliant,WCX may be forced to stop serving residents of that jurisdiction. This could resultin a drop in trading volume and fee revenue. This is a risk that potential WCXTbuyers should take into consideration.

WCX monitors and records all suspicious trading activity. Any person or groupthat attempts to use WCX to facilitate illegal activities, such as money launderingor tax evasion, will be held accountable. WCX will comply with law enforcementglobally if and when asked to disclose information about such activities.

Stay in the Loop

Sign Up

Follow us on Twitter

Help bring WCX to the world. Join 250+ contributors in our translation project.

Above all, WCX aims to provide an honest and ethical service. WCX will complywith all laws and regulations in the jurisdictions it serves.


https://twitter.com/wcxofficial

https://poeditor.com/join/project/MAgUist4Tv

15.12.2017 wcx – the global digital currency exchange limit, stop, trailing stop, and block orders...

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