Bitcoin News

ParamountDax to share daily profit with users and launch referral programme

UK. 26th April 2019 – Crypto trading exchange ParamountDax has today announced that it will share almost half of its daily profit with users. The platform will also offer other benefits for users, including a referral scheme, which will allow users to gain up to 30% of the daily profits made by friends they have referred. As well as this, the platform will allow users to trade directly from the chart, significantly improving the user experience.

PRDX Coin will be sold to supporters of the ParamountDax Exchange, giving them a daily profit. ParamountDax will pay 46% of all trading fees charged by the platform as a bonus reward. The platform will also utilise those 46% of all trading fees earned by the exchange to buy back PRDX Coin and redistribute it back to users.

The PDRX coin being redistributed to users is calculated at several different levels, including Silver, Gold, Platinum and Black. As the uptake and awareness of cryptocurrencies increases, ParamountDax aims to revolutionise cryptocurrency trading by serving as an ideal platform for crypto-to-crypto and crypto-to-fiat trading.

The platform will provide a high-performance crypto trading exchange that really caters to the needs of the crypto community by offering an intuitive user interface, instant liquidity, multilingual and real-time customer support and by enabling seamless, secure and risk-free trading opportunity for a minimal fee.

The venture has chosen the best in financial technology to power their platform, as well as to ensure sufficient liquidity for users to quickly transact their trade. Users on the platform won’t have to go to the order book to trade, as it can be done directly from the Charts on ParamountDax Exchange (TFC). A three-tier referral programme will be available, enabling some users to take up to 30% of all profits on the exchange. 

ParamountDax will support 100,000 transactions per second initially, with plans to improve this and make it the fastest crypto exchange in the world, with more than 2,000,000 transactions per second, achieving only a 50-nanosecond delivery delay.

Company CEO and Founder Roberto Khaled Al Hunaiti comments: “We are excited to be bringing our platform to life and sharing it with those who want to trade cryptocurrency. The referral scheme and profit sharing really set us apart from other crypto exchanges, and are a great incentive for customers to make more money.”

Traders can get involved in the initial presale of PRDX tokens from 18th May 2019.

Scott Thompson

Scott has been working in technology and business journalism for nearly 20 years, with a focus on FinTech, retail, payments and disruptive technology. He has been Editor of such titles as FStech, Retail Systems and IBS Journal and also contributed to the likes of Retail Technology Innovation Hub, PaymentEye, bobsguide, Essential Retail, Open Banking Hub, TechHQ and Internet of Business.

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