Indigencoin Exchange: IDGX (First Philippine based cryptocurrency exchange) Part 1
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Hello there fellow Steemians! This is your crypto-chick @ankarlie. I hope all of you are doing well. Today I would like to share with you this new Philippine based cryptocurrency exchange: IDGX. To my knowledge this is the first real cryptocurrency exchange that is based in the Philippines. The site is still in beta and the first one who got to test the platform are some of the Gold Members of the Indigencoin affiliate program. If you want to learn more about this Indigencoins you may read my previous article about it here. There are 4 cryptocurrencies and 1 fiat supported. Namely Bitcoin, Ethereum, Litecoin and Indigencoin and Peso (Philippines).
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Before you you go about checking this site I highly recommend you to register as a FREE or PAID affiliate for Indigencoin which is the main cryptocurrency of the Exchange. There are many benefits of being an affiliate. For a "free account" affiliate it enables you to earn rewards just by inviting people into the affiliate program and get them to invest for a silver affiliate account which cost about $20 USD or P1,000.00 Pesos. This rewards comes as Peso and rewards points. Peso withdrawals can easily be triggered via the main dashboard of the affilate site using Coins.ph and Rewards points can be converted to Indigencoin that you can trade or sell to your fellow affiliates or crypto-trader and cryptoenthusiast.
The best option though is to register and be a Gold affiliate to maximize your earning potential. The price of Gold is a bit expensive $220 USD but you can try Silver first then when you are satisfied you may upgrade for Gold for $200 USD. This is a great earning opportunity for those are are venturing to cryptocurrencies and more importantly profits of the exchange will be shared to all affiliates where Gold Affiliates will get the lion share of the profit.
Like all crypto trading sites there is no registration fee to be able to participate in the trading. But you have to prepare your proper identifications and billing address statement to get your account verified. Once registered I suggest that you enable 2FA (Two factor authentication)for additional security . Once you are in the site you will see a very clean and simple design.
We can see from the the picture above that it is still very new. There isn't much trade being done but I expect that in time more an more users will register as more cryptocurrency pairs will be available. In fact getting listed in the exchange is not that expensive compared to other bigger exchanges.
If you wanted to have your favorite cryptocurrency in the exchange you just have to fill out the form here and pay the listing Fee of 5,000 USDT or 10,000 IDG. I would love SBD/STEEM to be included in this exchange. Maybe if I can get fellow Steemians to join and trade there we can raise the money for it.
Unfortunately while reviewing the site I realized that there was one essential information that is missing: The Fees for withdrawing from the different cryptocurrency wallets. At the time of this writing the link that explains Fees is not yet available. Maybe there was some error with the link or prices have not been determined yet. Let me reiterate that this is still in beta and some of the links might not be functioning properly. Nevertheless, overall I have a pretty good feeling about this new exchange and I hope this will encourage more Filipinos to try out cryptocurrency trading.
That is it for now my friends I hope your find the article informative and helpful. Good by for now!
Hopefully that SBD and STEEM will get listed on it.
Another great opportunity...thank you so much dear @ankarlie for sharing... that's why you're blessed you always share... 😘😘😊❤️
You are welcome madam. I hope you will find time to study trading if you need help with the basics you know where to find me 😊😊😊
this one'sa must try for me , haven't registered yet bunso @ankarlie. And the Lit thing , don't know about that yet. so i'll definitely visit your post about it too. ❤️❤️❤️
Lit is very much similar to Steepshot you should try it. The best thing about LIT are they isn't too much "epals" around hahahah
that's wonderful work sister, this is the best way to cryptocurrency exchange
Thank you for dropping by sister.
Great opportunity @ankarlie thanks
You are welcome sir thanks you for reading my post 😊😊😊
It would be great to have Steem and SBD listed there and we can then use it to buy and sell it this encouraging more trading and use for it.
I think this is a via program that we can pursue and we can contact someone from Steem Inc.
Indeed let us see if the exchange we can get enough people to use it if there is enough volume maybe we can as the main exchange for the Filipino steemian community.
wow nice one mentor :)
Thank you! .. I didn't know that I am mentoring you hahah anyway if you look at my post most of my post is not being visited by cheetah. I would suggest on using your own words when writing your blogs so that Cheetah may not always visit you .
okay from now on you will mentor me, i already chat you on twitter and i regularly check your posts.
oh that was you.. anyway you can start indigen in your country if you like i have an affiliate link here for free. Here is the link
Thanks for this ading, i will also study this on how it works, madami pa ako pag-aaralan about crypto. Karamihan mahirap pag-aralan.hehe
Baby steps lang po ate heheh pero kaya yan and it gets a lot easier when you know the basics na.