No need for KYC (know your customer), name, ID, registry, address, or email. Decentralized, it is available in all jurisdictions with no central website or server to shut down.
You keep custody of your funds in your own smart contract, all automated in a simple user interface. An advanced mediation system solves any possible trade disputes.
No trade fees for offer makers plus earn Trade Token (TRT) rewards. Only 0.25 % trading fees for offer takers. Zero fees and no buyer security deposits for small offers.
BTDEX mediation systems requires mediators to hold a large amount of TRT. However, one can only hold or lock a large amount of TRT if there is enough in circulation. In order to solve this infinite regress dilemma, 4.5 % of the total TRT supply is distributed on open market and 0.5 % of the tokens are set aside as development fund.
Tokens earned by trading
1 TRT rewarded to offer makers on every BURST paid in trade fees
1% of the total supply
Initial distribution kickoff, SOLD OUT on January 4th 2020
1.5 % of the total supply
Second initial distribution phase, available now
2 % of the total supply
Third initial distribution phase, available after Phase 2 finishes