The OPTX token is used in the Optimus Exchange in different ways. Mainly it is used by traders to pay the trading fees, and used by projects to pay for their token listing fees.
It is an NTP1 token built on the Neblio blockchain.
OPTX can be bought directly in the Optimus exchange.
Traders participating in the Optimus beta trading program can earn OPTX for their trading activities.
Traders can also refer other traders to Optimus Exchange and earn a commission in OPTX tokens.
Optimus Exchange might also hold various promotions where traders will be able to earn OPTX tokens as a reward.
The Optimus Trader Ranking System is a system that ranks traders in the Optimus Exchange based on 2 factors:
1. Overall trading volume – The total trading volume of the trader since he joined the exchange (in BTC).
2. Collateral – The amount of OPTX tokens held in the trader’s account.
Climbing up the ranks gives the trader reduced trading fees, and other benefits in Optimus exchange.
In the Optimus Beta Program, the OPTX token that is powering Optimus exchange will be given to qualified traders in the beta phase of the exchange.
8 Trillion OPTX tokens, which represent 80% of the total supply, is allocated to that purpose.
7T OPTX tokens will be distributed complimentarily to the first 100k beta traders. Each qualified beta trader will get up to 70M OPTX tokens, that will be held aside and given as a bonus at certain trading levels.
1T OPTX Tokens will be distributed complimentarily to the first 1000 PRO beta traders. Each PRO beta trader will get 1B OPTX tokens, that will be held aside and given as a bonus at certain trading levels.
Optimus exchange has a 3 level referral program built in. This means that each active member you refer will give you a percentage of their trading fees 3 levels down.
The percentages are derived from what Optimus exchange is charging that trader. The referral fee structure is:
Level 1 – 25%.
Level 2 – 15%.
Level 3 – 10%.
Digital currencies are not currently backed nor supported by any government or central bank. The value of digital currencies is determined by economy of supply and demand, and they are more volatile than traditional currencies. Trading in digital currencies comes with significant risks, including volatile market price swings or flash crashes, market manipulation, and cybersecurity risks. In addition, digital currency markets and exchanges are not regulated with the same controls or customer protections available in equity, option, futures, or foreign exchange investing. Digital currency trading requires knowledge of digital currency markets. In attempting to profit through digital currency trading, you must compete with traders worldwide. You should have appropriate knowledge and experience before engaging in substantial digital currency trading. Digital currency trading may not generally be appropriate, particularly with funds drawn from retirement savings, student loans, mortgages, emergency funds, or funds set aside for other purposes. Digital currency trading can lead to large and immediate financial losses. Under certain market conditions, you may find it difficult or impossible to liquidate a position quickly at a reasonable price. This can occur, for example, when the market for a particular digital currency suddenly drops, or if trading is halted due to recent news events, unusual trading activity, or changes in the underlying digital currency system. Several federal agencies have also published advisory documents surrounding the risks of virtual currency. For more information see the CFPB’s Consumer Advisory, the CFTC’s Customer Advisory, the SEC’s Investor Alert, and FINRA’s Investor Alert.
Optimus Exchange does not make any investment recommendations. Neither the listing of a digital currency on this website nor any other communication, whether made through this website or in any other way, should be construed as a recommendation to buy or sell any security.