Introduction
Cryptocurrency has been around for a while now. A lot of people have made a good fortune from it while others have lost a good amount of cash. Trading is the process of buying and selling a particular commodity. One of the fastest ways of making money from cryptocurrency is through cryptocurrency trading.
Cryptocurrency trading may be defined as the process of buying and selling of cryptocurrency. These transactions can be carried out by either a one on one transaction or through an exchange.
An Exchange is usually a platform that brings buyers and sellers together.
An exchange gives traders the platform to buy and sell different types of cryptocurrencies without fear of being scammed.
This post will be looking at one of these exchanges known as swixxo.
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What is swixxo
I may define swixxo as a cryptocurrency trading platform that enables buyers and sellers of different cryptocurrencies to carry out their transactions in a secure environment.
The traders can only trade the currencies that have been listed on the platform. New currencies that meet their requirements will be added later.
Features of swixxo
For anyone to use swixxo, there must be some certain features available on the platform. These features are the reason someone will choose swixxo over other platforms that trade cryptocurrency. Below are some reasons why you should choose swixxo.com.
Low Fees
A trading fee is the amount of money you pay to an exchange after a successful transaction. This is necessary for the upkeep and maintenance of the platform. Some platforms, however, charge so high that the user needs to make a good deal while trading in other to make up for the high trading fee.
Swixxo is different in this aspect, their low trading fees save the user a lot of funds. The low trading fees also enable the user to undertake as many trades as possible due to the rest of mind it comes with.
Zero withdrawal and deposit fee
Deposit and withdrawals are an important part of anyone’s trading career. You must deposit before you can trade and you must withdraw when the need comes. Some other exchanges charge the users a high amount of fees before deposit and withdrawal can be processed. Again, swixxo is different from the rest. Users of swixxo.com enjoy a zero deposit and withdrawal fees. You get the exact number of coins you sent. The only thing they charge you is what the blockchain needs to process your transaction.
Off course no one expects the exchange to pay for individual blockchain transaction fee because that would run the company into a huge loss.
Referral program
Swixxo offers one of the best referral programs that I’ve come across. They offer a 25% commission from the trading fees of your invites. It does not just stop there, they also give you commissions for the people your invites will bring into the platform. This circle continues until the fifth line.
In summary, you make 25% from your referrals which is your first line.
You make 12% from your referrals invitee which is your second line.
You make 7.5% from your third line.
You make 3.5% from your fourth line
You make 2% from your fifth line.
This can be a lifetime source of passive income if done properly.
One month zero fee
Swixxo currently offers a full one month of zero trading fees to new users. This implies that a new user does not have to pay any trading fee for the first month of using the platform. This is one of the best offers out there and traders should take advantage of it.
Simple user interface
I love it when a platform’s interface is simple to navigate and engage. The swixxo.com platform has a simple interface that allows both new and old users to engage and access without stress.
The buttons are visible and are located in the right places.
Conclusion
This is just my first post on this platform, my next post will be on the tutorial of signing up, making your first deposit and making your first trade.
Disclaimer:This is not a financial advice. Please do you own research before investing in cryptocurrencies or any digital asset. This blog post is done for entertainment and knowledge purpose only.
Resources
I wrote this post and all its contents based on my experience, research, knowledge, and personal use of the swixxo platform.
Most images are from my usage screenshots, and I provided links to all external images where applicable.
Links
Website: https://swixxo.com/
Announcement Post: https://steemit.com/swixxo/@oracle-d/swixxo-exchange-is-looking-for-beta-testers-earn-rewards
My referral link: https://trade.swixxo.com/sessions/signup/hsBA9NpSj