XDAT

XDAT launches 100% payback on all crypto transactions

On XDAT, users can now earn 100% transaction fees on every trade.

We have recently hit a mark of 5000 registrations and we are launching an exclusive trading incentive for all our existing and new users henceforth.

With the current bullish rally on, XDAT wants their traders to be carte blanche, and make the most of this market, without them worrying about high transaction fees.

We are offering a 100% payback/discount on transaction fees

According to the Bit Consultants data, as of April 4, 2019, various transactions were overpaying for fees, at a time in which crypto transactions are becoming slightly more expensive on the Bitcoin network, partly thanks to the cryptocurrency’s recent surge to a five-month high.

XDAT brings you the best offer of the industry! We wish that our traders experience the truest sense of cryptocurrencies with our special transaction incentive.

While all other exchanges are increasing their transaction fees. At XDAT, we believe that traders should not overpay for your transaction fees.

Choose XDAT & Avail 100% transaction fees on every trade.

All you have to do is register on XDAT and start trading to avail this special incentive. What is more? For every trade you make you receive all your trading fees back into your wallet!

The 100% breakup:

50% in fiat or crypto (based on the kind of transaction that you perform)

50% in fiat or crypto worth XDT Native Tokens — making you one of the first people to receive our tokens even before TGE.

(Note: These XDT tokens can be converted into any of the cryptocurrencies on our exchange after Token Generation Event)

Trading Fees

Maker Fee Discount: 100% | Taker Fee Discount: 100%

Disclaimer

All fees are subject to change with 30 days notice period and prior intimation to users

Weekly XDAT Newsletter: 20 May 2019–26 May 2019

Market Analysis

Bitcoin price made new 2019 high at $8900 after remaining in the tight range throughout last week. Surging 39% in May 2019 alone. Bitcoin futures opened gap-up for the second time this month due to the fact that future market remains closed during the weekend. There was little on the development side that could have triggered such a rally. Inflation inflicted Argentina saw Bitcoin breaking an all-time high, trading above 3,50,000 peso. In dollar terms, Bitcoin is trading above $20000 in the country. At this point, a healthy retracement is not ruled out which would give a dip to the investors to buy. On the fundamental development front, BTC transactions remained flat roughly over past one month, despite a massive surge in the price. The number of transactions per day signifies the adoption level of the asset.

Bitcoin Transaction Value Per Day

Altcoins also joined the rally with major coins rising around 5% on an average. Major companies such as AT&T and Facebook might drive the cryptocurrency adoption further. After AT&T announced accepting cryptocurrency as payment, Facebook announced its GlobalCoin in making. Further, Crypto Hedge fund managers and investors have been positive on the current rally. Morgan Creek fund manager A. Pompliano stated recently stated that Bitcoin might enter in two to three year Bull Market.

Overall, the sentiments look positive and slightly inclined towards FOMO. Investors and traders are eyeing $10000 level as the next stop.

Weekly Growth Blockchain Wallet Users

Weekly Gainers & Losers

Major Developments this Week

Bitcoin — AT&T announced accepting Bitcoin payments for its services. In separate news, Facebook is reportedly working with Winklevoss brothers and Coinbase over developing a digital currency, dubbed as GlobalCoin.

Ethereum — Bosch Ltd. announced that their new project would be backed by Ethereum Blockchain. In a separate development, Grayscale Investment revealed that it has got approval from FINRA to offer shares in its Ethereum trust publically. Separately, Ethereum co-founder Vitalik Buterin has proposed creating on chain, smart contract based Ether mixer.

Ripple — The Siam Commercial Bank, one of the largest banks in Thailand has announced integration with the Ripple Blockchain.

Ethereum Classic — Ethereum Classic stated that they are working on 4 projects related to Interoperability namely — OpenRPC, Metronome, peaceBridge and TokenBridge.

Bitcoin Cash — Bitcoin.com and developers have launched Bitcoin cash register for iOS after launching the Android version of the same. In another development, the community has been split after the news of two developers carrying reorg on the chain broke out.

EOS — Block.One is reportedly looking 10% buyback of its stock in EOS exhibiting confidence in EOS. In other news, China’s CCID has retained its tag of ‘Best Cryptocurrency on the basis of three factors.’

DASH — Dash Core Foundation is looking to create additional deflationary pressure by creating the Dash investment Foundation. The project has been proposed by CEO Ryan Taylor.

TUSD — According to data from TokenAnalyst, there are currently there are 17,700 HODLers of TUSD. Surprisingly their market capitalisation has reached $241.57 million (at the time of writing)

Wider Market Update: Weekly News Analysis

The Financial Action Task Force is working towards setting new international standards for regulating cryptocurrency this month. The rules would go beyond just covering the KYC regulations of the customers.

Dutch Bank ABN Amro has abandoned the launch of a custodial Bitcoin wallet “Wallie” due to risk concerns as per the report published by The Next Web.

The Dutch Financial Criminal Investigation Service has seized Bestmixer.io, one of the largest Bitcoin mixer services.

CME, the crypto derivative platform has disclosed the month of May being the best one so far. In an investor letter, CME stated that 33,677 Bitcoinfutures contracts were traded on May 13th.

A report from Diar stated that Stablecoin has hit an all-time high with $4 billion tokens representing the US dollar on the Blockchain.

A Russian news agency reported that Bank of Russia might be interested in issuing a Gold-backed Cryptocurrency.

Weekly Dapp Statistics

Weekly Gainers & Losers Weekly Crypto Updates from XDAT Newsletter: 13 May 2019–19 May 2019

Market Analysis

After a sharp surge, Bitcoin price cooled off last week, shedding nearly 1500 points. Much of the drop came in the wake of $207 million worth of Longs liquidation on Bitmex. The price action resembled the previous week upward movement. However, the first cryptocurrency quickly gained on the price and seems to be settling around $8000. Whale action has been impressive during with two major whale accounts moving as much as $84 million in Crypto. Twitter handle Whale Alert confirmed the movement of 5,500 BTC worth $44.1 million from one wallet to another over past 24 hours. The same source suggested another movement of some $40 million in BTC.

Sentiment around the general cryptocurrency space is positive with altcoins staging massive rally this week. It was one of the biggest monthly gains from the Altcoins against Bitcoin. However, a cautious approach is advised to the investors as market capitalization is increasing and so is BTC dominance. It usually depicts that the money is flowing from the Altcoins to Bitcoin.

On the development front, the week has been positive with Bakkt announcing Bitcoin derivative debut in July. Further, Microsoft also announced building decentralised identity tool on Bitcoin Blockchain. Investors should, however, keep an eye on NVT ratio, a backtested indicator created by Willy Woo. Historically, significant divergence between the price and NVT ratio is followed by a drop in price. Going forward, Bitcoin has not given weekly closing above $8350 for the past two weeks and the level should be watched closely. Any movement above the said resistance would chart the upward

Weekly Growth Blockchain Wallet Users

Weekly Gainers & Losers

Major Developments this Week

Bitcoin — The week has been positive with Bakkt announcing Bitcoin derivative debut in July. Further, Microsoft also announced building decentralised identity tool on Bitcoin Blockchain.

Ethereum — Ethereum co-founder Joseph Lubin stated that Ethereum could be 1000 times more scalable in the next couple of years on the back of Serenity upgrade. In a separate development, it was revealed that EDF, the world’s fifth largest Electrical company is using an Ethereum Dapp. A rather startling revelation was made by Chainalysis stating that nearly a third of all the circulating supply of Ethereum is held by 376 individuals.

Ripple — Börse Stuttgart stated that it has listed two new ETNs out of which one is for XRP. Twitter handle Whale Alert suggested significant transfer of XRP tokens from Bittrex to Upbit.

Ethereum Classic — Shane Jonas and Terry Culver of ETC Labs briefed about the latest core developments during Community Ethereum Development Conference.

Bitcoin Cash — Bitcoin Cash developers Openbazaar and Bchd full node developer Chris Pacia announced the first 3 of 3 Multi-Sig Schnorr transactions.

EOS — Chief Technical Officer Daniel Larimer stated that updates on network code “nearly tripled sustained throughput on large testnets.” Meanwhile, CEO of EOS Brendan Blumer has also appealed the community to consider “1 token: 1 vote” strategy to do away with the Cartel.

DASH — Spend Card has added support for Apple Pay further expanding the scope of spending DASH for the purchase. In another news, DASH core group CEO Ryan Taylor stated that DASH is more popular in comparison to Bitcoin and Litecoin in Venezuela.

TUSD — According to data from TokenAnalyst, currently there are 15,682 HODLers of TUSD.

Wider Market Update: Weekly News Analysis

On the regulation front, Italy became the first country in the EU to regulate Blockchain. Russian Prime Minister, on the other hand, stated that Crypto regulation is not the priority right now for the Russians. The government in Brazil has agreed to pass the ‘instruction 1888’, paving the way for the new rules for Crypto effective from August 1 2019. In separate news, the Bahamas security regulator has drafted a new bill for token regulation.

Speaking at CoinDesk’s Consensus 2019 conference in New York, SEC senior advisor of Digital Assets stated that the exchanges that are offering IEO might come under the legal scanner.

As per Google Trends Data, search for Bitcoin has hit 14 months high, following the increase in price.

Charles Hoskinson of IOHK and Trevor Koverko of Polymath are collaborating to launch Layer 1 security token Blockchain dubbed as Polymesh. In a separate development, startup Blockstream is working on a security token platform on Bitcoin sidechain.

Outstanding crypto backed loans are now more than 100 million USD for the first time. In another development, Techstars backed Alkemi has planned to launch liquidity pool deal worth $16 million.

Facebook sets up a Fintech company ‘Libra Networks’ in a crypto friendly nation Switzerland (Geneva) aiming to support its cryptocurrency payments. In another development, way ahead of Facebook, Whatsapp enables sending and receiving Bitcoin, Litecoin, Ethereum and ZTX native token of the Zulu Republic platform for transactions, according to Zulu Republic.

Cryptomarket Analysis |  best cryptocurrency exchange |  europe crypto exchange | XDAT

Market Analysis

Bitcoin went full throttle last week, nuking major resistance at $6400 and marching ahead. The asset made 2019 high of $7521(exchanges price may vary depending on premium/discount) and remained strong throughout the week. The move looked more like a short squeeze since short positions have been piling up since mid-April. Adding to the fear last month was Bitfinex-Tether controversy that further convinced the traders about short term weakness of Bitcoin. However, Binance hack proved out to be a blessing in disguise with the Bitconists not giving undue importance to the hack, ever since the exchange stated that funds are insured.Overall Cryptocurrency market cap has exceeded $200 billion with Bitcoin dominance standing at 58.7% at the time of writing. As the price of the alts recede, traders might start siphoning funds in these assets thereby triggering alts rally. We are witnessing healthy pullback from the year high as of now in Bitcoin and expect the bullish momentum to continue. The weekly RSI has charted its course in the overbought zone negating the Parabolic price action for now.

Download  XDAT application available on iOS and Android. Start Trading in BTC, ETH, LTC, XRP, DASH, EOS, BCH, ETC, TUSD, EUR. Customized interfaces are available for Beginners and Advanced traders for seamless trading. #CryptoforAll

EASTER IS COMING!

XDAT wants to make this Easter Special for you!

Your opportunity to EARN 15 EUROS

Click on the link: https://bit.ly/2V2JIef

T&C for participation: 1. You are an EU resident to contest for the reward, otherwise, you get 10 EUROS. 2. Use the above link only

Click: https://www.xdat.io?aff=HappyEasterfromXDAT

Crypto For All :

Register on #XDAT today! Complete your KYC and you shall receive €10 worth Native Tokens. Encourage trading among your referred users and this way you can earn up to €2000* What are you waiting for? Signup now! Limited NODES available & NODES filling fast

Exciting incentives in store for you: REFER & EARN! TRADE & EARN MORE!!

We are investing over €1,000,000 in this bear market to reward the NODES of Bullwhip Movement. And you too can be a NODE and win up to €2000 and the XDAT community token ‘XCTY’.

For the uninitiated, we have launched the Bullwhip Movement to create a global community of crypto enthusiasts and believers.

What you need to do?

Sign-up and Log-in with XDAT and complete your KYC to receive €10.

Whitelist yourself as a NODE and refer the Bullwhip Movement to at least 5 of your friends. Encourage them to trade by completing their KYC. The referred user will also get €10, just as you did, and you shall receive €2.50 in return.

Don’t stop at adding 5 users! Because you can invite and add as many users as you can with your referral link to receive KYC and TRADING Incentives

And this doesn’t end here!

When your referrals trade a cumulative amount of €1,000 on XDAT platform, you will be eligible to receive the XDAT Community Token, XCTY.

Remember!

We have only a limited number of Nodes available on XDAT!

And, we have lined up extra benefits for the first 200 Nodes.

So, whitelist yourself NOW and become our crypto ambassadors.

Like, Subscribe and Follow us on:

XDAT is running an early-bird discount for all investors.

Zero fees for makers

0-0.1% fee for takers

This offer is valid only until March 31st, 2019.

XDAT Referral Program

For every trader who brings a new trader to XDAT through their referral, XDAT is offering a reward equal to 40% of the transaction fee of the referral for up to a year. This offer is also valid only until March 31st, 2019.

What is XDAT?

An EU-based global cryptocurrency exchange.

A transparent, regulated, and user-friendly exchange platform.

Facilitates crypto-fiat and crypto-crypto trading for beginners and advanced traders.

How is it different from existing exchange platforms?

One stop shop: Easy interface for beginners AND maximum functionality for advanced traders

Responsible: Thorough yet fastest KYC with 24/7 customer support

Community Growth: Cheapest fiat-crypto exchange with the highest referral rewards

Who is behind this?

XDAT is the creation of Prashanth Swaminathan, an ex-Investment Banker with 10 years of working experience in Morgan Stanley London.

Finds cryptocurrencies and their underlying technology fascinating.

Believes in a future where cryptocurrencies co-exist with fiat currencies.

Aims, with XDAT, to build a high-performance cryptocurrency exchange that can create trust in both the existing and new adopters of cryptocurrency.

Why has it been created?

To build a globally trusted brand.

To make cryptocurrency easily accessible.

To achieve mass adoption of crypto.

Learn More:

Website: XDAT