Hello
can you tell me liquidity of this tokens after ICO?
Why you need tokens after ICO? for what you will use them? or no?
Hello!
You need QVT tokens in order to pay for tariffs to execute your trades. (Those are pretty cheap, less than localbitcoins for instance)
Also, you can trade QVT tokens on exchanges. Read previous page, I have addressed this issue comprehensively.
HitBTC is going to list our tokens right after we finish ICO
or in other words: HIGH LIQUIDITY!
Ok. I understand about exchanges. But its not a liquidity.
Which comissions will be for every trades on your platform? Its will be in QVT but tied to fiat current rate? Can you explaine this in detail? Or where I can read this in detail?
You can read this on detail with the whitepaper.
https://s3.eu-central-1.amazonaws.com/qvolta/white.pdfNow regarding your question, if you look at LocalBitcoins, you can trade Bitcoin their for Fiat-money. Qvolta platform offers the same, but will be able to support multiple cryptocurrencies(Not Just Bitcoin).
LocalBitcoin has a fee of 1% for every successful trades. The seller pays the fee. 1% of the trade will go to LocalBitcoin as a commission. So if you are going to send 1BTC to another person, You owe them 0.01(43 USD).
Qvolta exchange on the other hand, are going to accept QVT as a mode of payment for every successful trades. The Fee will be base on the percentage of amount of trade. Regarding the percentage fee is unknown as of now. With this kind of token and platform,circulation will create a huge volume of trades everyday. If the volume growth rate is at steady upward position, we can expect the value of this token to skyrocket.
Business ModelLocalBitcoin business model is easy to understand.
Buying and Selling BitcoinsYou sell your bitcoin for a given amount on their platform(escrowed your bitcoin,1% of total BTC)->Buyer buys your bitcoin in exchange of FIAT(USD,EUR etc)->Seller and Buyer agrees with the terms of the trade->Buyer sends the payment via payment methods available->LocalBitcoins confirms your payment and releases the Bitcoin to your wallet.
So every transaction, LocalBitcoins get 1% of that. The collected amount will be use for basic operation funding of the website. And the Cycle ends here.
Qvolta Busines Model develops a cycle to make QVT tokens usable.
Like LocalBitcoins, You place a sell order on Qvolta for a given amount on their platform(Will be confirmed depending on the tokens you hold)-> Buyer buys your bitcoin in exchange of FIAT(USD,EUR etc)->Seller and Buyer agrees with the terms of the trade->Buyer sends the payment via payment methods available->Qvolta confirms your payment and releases the bitcoin to your wallet.
Every transaction, Qvolta gets QVT tokens. The QVT collected will then be sold to the exchange/market. Qvolta platform users again are going to buy QVT tokens to initiate a sell order/trade. The cycle continues.
