❓Introduction
Get answers to your questions about DXS here
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 Any profits you make are entirely yours and can be withdrawn at your discretion.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 is the first CFD derivatives trading platform built completely on blockchain. Trade crypto, forex, stocks, commodities, and indices with full transparency and keep control of your money.
DXS is built from the ground up to eliminate the conflict of interest where brokers are incentivized to maximize the losses of their customers. Our blockchain setup means complete transparency, true ownership, and fair trading. You own your funds, your data, and your trading results.
TRADE EVERYTHING: Get access to 150+ assets including crypto, forex, stocks, commodities, and indices with up to 100x leverage. Start with just one cent.
YOUR WALLET, YOUR MONEY: Trade straight from your TON wallet. Your idle funds remain in your control at all times. Profits go straight to your wallet after each trading session.
BLOCKCHAIN TRADING: Every trade happens on the blockchain. Only your wallet can approve trades, so you stay in complete control of your money and data.
EASY TO USE: Usual trading actions here take as minimal clicks as imaginable, e.g. industry-first double-click risk management. Interface so simple, you'll know how to use it just by looking.
SMOOTH TRADING: No slippage, 24/7 trading, tight spreads, no bots, always online.
HUMAN SUPPORT: Real customer service with individual attention for each customer. Get personal help when you need it.
Why is DXS better?
DXS takes advantage of two new technologies / paradigms to vastly improve upon the traditional CFD (see next section) trading experience:
Scalable blockchain allows for cheap, instant, transparent settlement
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 use leverage (borrow money to hold a larger position size)
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?
Go to the DXS stats page.
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.
Today the Open Liquidity Protocol (OLP) custody the individual trades (margin balances), but don't custody user wallets.
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?
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