For the Grand Opening period of Trex Exchange, all fees are ZERO!
Why choose our decentralized exchange?
Trex decentralized models offer several advantages over others, they report,
including, but not limited to the following:
• The clean and easy-to-use interface offers simple solutions for
different transactions. Other systems offer a variety of functions,
varying in difficulty, but ours is the most user-friendly and the
easiest to use. This is not something that is a characteristic of
decentralized exchanges, but our engineers have worked hard
and succeeded in creating a UX (user interface) that is a pleasure
to work with.
• A place of trading that offers a wide and easy overview. The order
books and trades can be put in ascending / descending order
based on volume, price, date, and quality.
• An unbelievably easy-to-use wallet — this function offers
transaction both from and to address to the exchange. You can
see all your balances in one place, without having to switch from
one work session to another.
From TREX Exchange:
“How it works?
The Site is a trading environment for the spot purchase and sale of Digital Tokens. The Site permits both unfinanced and financed transactions. Unfinanced purchases are fully funded by trading participants through funds deposited by the participants on the Site. For example, if a trader deposits $100.00 into her account on the Site, she may then purchase $100.00 worth of bitcoins in an unfinanced transaction. Purchases and sales of bitcoins on the Site, whether in an unfinanced transaction or a financed transaction, are settled by actual delivery of the full amount of the bitcoins or other Digital Tokens by the seller to the purchaser’s account against payment in full by the purchaser to the seller’s account. Financed transactions in Digital Tokens are permitted through the Site’s platform-enabled, peer-to-peer financing functionality. Financing Providers may offer to finance from and on their own account if they so choose. Financing Recipients may accept financing from Financing Providers for up to 70% of the value of a Digital Token purchase. For example, if a trader deposits $30.00 to the Site, she may then obtain financing in an amount not exceeding $70.00 to buy $100.00 worth of bitcoins in a financed transaction. In other words, she may accept financing equal to a maximum total bitcoins-to-equity ratio of 3 1/3 to 1. Shorting is another type of financed transaction permitted on the Site’s platform. In a typical “long sale” of bitcoin, the seller enters into a regular spot trade of bitcoin and settles the transaction by delivering bitcoin that she owns outright.
In a “short sale” of bitcoin, the seller also enters into a regular spot sale of bitcoin except that the transaction is settled by delivering bitcoin that she has borrowed. Digital Tokens can be borrowed for purposes of short sales through the platform’s peer-to-peer financing functionality. The bitcoin borrower may seek offers or make a bid to borrow Digital Tokens on the Financing Order Book. Bitcoin borrowers are not permitted to borrow more than 70% of the bitcoins sold in a short sale. The fiat proceeds of any short sale serve as collateral for the borrowing of the bitcoins until those bitcoins are repaid.”
You can try their Airdrop and try the exchange.
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