Next exchange: for many reasons your new exchange!
New upcoming exchanges. Which one should you use? There are a lot of them. But comparing them ultimately will make you choose for @NextExchange. Why? Next.exchange is a new upcoming Dutch exchange with a lot of features wich other crypto exchanges bare having.
Trading with coins in MEW
Like for instance. Having your coins in your own MEW (=My Ether Wallet) but don't have to transfer them to a wallet on the exchange. See here their guide how to trade your ERC20 tokens.
This possibility gives you a big advantage comparing to most other exchanges. When there are any withdrawal/trading issues you don't have to worry if you can transfer your tokens to another exchange.
Advantage for daytraders
Yesterday for Instance. Problems on IDEX. Nobody could withdraw his/her next tokens. If you're a day trader you lost your possibility to get your daily profits. If you trade on next.exchange it wouldn't be an issue.
Fiat payment
Another big advantage. Buying or getting paid via PayPal or your bank account.
A lot of exchanges doesn't offer this possibility. So you're always obliged to do a lot of extra actions before you can trade. You have to buy on Coinbase for instance, transfer your crypto to your desired exchange. These extra actions are annoying and gonna cost you extra time (especially Bitcoin) and transfer fee. Sometimes there may also be disadvantageous differences for the same currency between exchanges.
Today's tweet:
- NEXT has decided that besides non-ERC20 tokens, also ERC20 tokens will be paired with fiat currencies.
- We support also OMNIcore based tokens, like SAFEX and USDT. Complete list can be found here
Burning tokens
The hybrid decentralized and community-driven crypto exchange, NEXT, is going to destroy millions of tokens. There will be 75% fewer tokens on the market than what was initially expected.
According to the NEXT.exchange Whitepaper, the unsold and unallocated tokens will be burned or nullified without the possibility of their subsequent withdrawal or use.
This is great for members who already got their cheap next tokens. Because after the burning of tokens the max supply of 120 mln is reduced to only 25 mln! This can result in explosive growth in price. Very interesting!
More possible burning will follow
We expect an upcoming time of enormous change within the exchange landscape, due to regulations, traders are looking for a better exchange which protects their assets.
Fortunately, we have already issued 75% fewer tokens than what was expected: 25 million instead of 120 million. Due to there being fewer tokens on the market, demand for the tokens will be formed at a faster rate.
We will continue to decrease the number of tokens, burning the tokens we will receive as platform listing commission. In April we are destroying unallocated tokens from the PR, bounty, and ICO sale pool. It is the right decision, we promised to do it to our backers to maintain a stable demand for NEXT. After the burn, all parties will win: token holders, our supporters, the team, and service itself.” Christiaan Steenbergen, CEO of NEXT.exchange, said.
Next tokens offers benefits
Having NEXT tokens comes with several benefits, like:
- lower trading fees,
- up to 14 days earlier trading on newly listed coins, as a means of payment for token(sale) listing,
- to receive profit from the exchange and to acquire access to fiat (EUR/USD) trading.
- At a later point in time, NEXT tokens will also be accepted as a trading pair with several other coins on the exchange.
Conclusion
After reading benefits above, do I have to convince you of next exchange? Decide for yourself! I would say: take a look at their website and you'll find many more advantages I didn't mention. Succes at Next!
Where to buy Next?
At the moment, NEXT is traded on EtherDelta and IDEX. The daily total turnover exceeds $25,000. Listing on coinmarketcap will soon follow.
More information:
Website
Email
Telegram (group)
Telegram (official)
Twitter
Facebook
Medium
Bitcointalk
Github
Questions?
Feel free to give your comment below. I will always give a reply.
I will never turn down a beer
* LTC wallet: LbbhFtVia9mhWQKqE4Q6sgg1w2iW4quCVu * BTC wallet: 51450396-339a-4858-a4f6-b46bf0e69bbe * MEW wallet (Next or other ERC20 tokens) : 0xce47022fD3d79aAd1DE21EDE298dc1785c8528FC
Thanks for reading!
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@originalworks
Thanks, just learnt about this one. Will follow as i write about new tech, apps, games and stuff.