DXS Docs and FAQs
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  • ❓Introduction
  • TRADING
    • 📉Trading Basics
    • 💹Trade Examples
    • ⬆️Order Types
    • 💱Prices, Spreads, Slippage
    • 🔢Trade Sizes
    • ❗Account Limits
    • ⏱️Holding Fee
    • 🚰Liquidity Fee
    • 🔪"Scalping" Limits
    • ✂️Profit Deduction
    • 🛠️Troubleshooting
  • LIQUIDITY
    • 💧Liquidity Pool
    • 💰Providing Liquidity
  • TECHNICAL EXPLAINERS
    • Fiorin Wallet and Bridge FAQ
    • Consigliere Solves All Our Problems
    • How DXS Talks to the Blockchain
    • HandCash / Tokenized Consideration
    • Consigliere
    • How Liquidations Work on DXS
    • STAS Protocol Consideration
    • Fiat Denomination of Trading Positions
    • Liquidity Backed Stablecoin Proposal
  • BLOG POSTS
    • Fully Recover Any BSV Wallet
    • Get Paid Every Day of the Year
    • The End of TDXP?
    • More Profits With Zero Slippage
    • One Cent Positions on DXS
    • DXS Wants You to Win
    • Trade Straight From Your Wallet
    • DXS Is an Open Book
    • Current Risk Indicator
    • Yield on DXS
  • Policies
    • 📑Terms and Conditions
    • ⚠️Risk Statement
    • ⛔Anti Money Laundering Policy
    • 🚷Prohibited Persons Policy
    • 📝Liquidity Provider Agreement
    • 🔏Privacy Policy
    • 🍪Cookie Policy
    • 📑CET Terms and Conditions
  • Additional Resources
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    • Instagram
    • YouTube
    • Google Play
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On this page
  • Does DXS offer tutorials for newcomers?
  • What is DXS?
  • What is DXS's value proposition?
  • Why is DXS better?
  • What is a CFD?
  • What does DXS stand for?
  • What assets can I trade with?
  • Where can I view DXS trading volume, liquidity and other stats?
  • Are there any APIs at DXS?
  • Is DXS decentralized?
  • Where is DXS registered?
  • What are the links to DXS's social media profiles?

Introduction

Get answers to your questions about DXS here

NextTrading Basics

Last updated 9 days ago

Does DXS offer tutorials for newcomers?

Absolutely! To access them, log in by connecting your wallet and navigate to Menu > Get Bounty, where you’ll find all available tutorials. Each tutorial is structured as a guided task, and upon completion, you’ll earn trading capital, known as a Bounty. This Bounty acts as funds for trading: while you cannot withdraw it directly, you can use it to trade just like regular capital. Any profits you make are entirely yours and can be withdrawn at your discretion.

What is DXS?

DXS is an on-chain trading platform that allows users to trade 100s of global financial markets directly from their Web3 wallet:

What is DXS's value proposition?

DXS trading uses on-chain transactions and self-custodial funding, ensuring your trades are transparent, immutable, and free from interference. Unlike centralized platforms, we prioritize sovereignty, giving you full control over your funds and data.

  • Retail traders get targeted on real asset markets by institutional money. Retail traders are better served trading on derivatives markets, like DXS. Trades are not entered on real asset market order books and do not form targets for big money to wipe out

  • DXS is a very low cost trading platform. DXS don’t have to secure a source of liquidity (it plugs into OLP). DXS don’t have to manage client balances or connect to the existing financial system. Lower costs manifest as cheaper trading for DXS's users

  • Effortless sign in with Web3 wallets such as Tonkeeper, Telegram Wallet, MetaMask and Trust Wallet and others.

  • No deposits, a position's margin payment is made straight from the trader's wallet. Therefore there are no withdrawal fees

Why is DXS better?

DXS takes advantage of two new technologies / paradigms to vastly improve upon the traditional CFD (see next section) trading experience:

  1. Scalable blockchain allows for cheap, instant, transparent settlement

  2. Web3 wallet login eliminates the requirement to create and fund user accounts

Practically speaking this means: no sign up, no deposits or withdrawals, instant trade settlement, 1 cent minimum trade sizes and complete transparency of the DXS liquidity / settlement engine.

What is a CFD?

A contract for difference (CFD) is a very popular type of financial derivative. A CFD is a contract between a buyer and a seller. The buyer agrees to pay the seller the difference in an asset’s price. The difference is the change in asset price between opening and closing the contract.

CFDs are the most popular form of derivative among retail traders. CFDs allow for a trader:

  • To bet on price moves – up or down

  • To trade a huge range of markets

Additionally, CFDs are cheap to trade and do not have a termination date (like a swap).

What does DXS stand for?

Distributed Exchange System.

What assets can I trade with?

Subject to your wallet, DXS users can open trades using USDC, USDT, DAI, WBTC, ETH or BSV.

Where can I view DXS trading volume, liquidity and other stats?

Are there any APIs at DXS?

We don't plan on providing API infrastructure, because we don't plan to allow bots to trade on the platform.

DXS liquidity is dedicated to human traders. We want real users. This creates a far more welcoming platform for people interested in trading against other people.

Is DXS decentralized?

Only your blockchain wallet can authorize trades on DXS. This self-custody model means the platform cannot access your idle capital, keeping you in charge at all times. Trading data is immutably recorded on a public blockchain. Trading profits are automatically sent to your wallet at the end of every session.

Where is DXS registered?

The activities of DXS the trading application are executed through Saint Vincent and the Grenadines entity. This jurisdiction is used by a number of bigger and longer established competitors in the business (e.g. PrimeXBT and SimpleFX).

Going forward, DXS intends to expand the geography of services and set up structures in specific jurisdictions, allowing clients from additional countries to use DXS without breaching existing regulations.

What are the links to DXS's social media profiles?

DXS does not profit when traders lose, unlike traditional market makers. DXS only benefits from

The ensures unbiased, transparent and objectively auditable liquidity provisioning

Traders can

DXS provides risk management features that competitors do not, such as the

To use (borrow money to hold a larger position size)

Go to the .

Today the custody the individual trades (margin balances), but don't custody user wallets.

❓
OLP (Open Liquidity Protocol)
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current risk indicator
Make sure to check our Medium article: Trading with True Sovereignty
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