WCX The Global Digital Currency Exchange. Whitepaper. Global Digital Currency Exchange.

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1 Whitepaper Global Digital Currency Exchange 1/15

2 Pre-launch English Dramatically strong demand. Sign Up 1,263,157 signups and counting from 177 countries. Purpose To become the largest (and most loved) digital currency exchange in the world. And set a new standard for digital currency exchanges by relentlessly focusing on customer satisfaction. Opportunity 2/15

3 A fundamental shift. Digital currencies are changing the way people all over the world live, spend, make, and raise money. Trading is the fastest-growing market within the digital currency industry as a whole, with retail traders and institutions entering in droves. Global cryptocurrency trading volume is surging. (USD equivalent) Rapidly growing, but under-penetrated. Daily cryptocurrency trading volume has averaged 3.8 Billion (USD equivalent) over the past 3 months. While growing rapidly, it still pales in comparison to trading activity recorded in traditional markets. 3/15

4 Daily volume compared to NASDAQ and Forex (fiat currency trading). Digital currency trading volume could grow 1,000x over the next two decades. Problem Existing exchanges are costly and inefficient And they're not built to cater to a global audience. Complaints from customers including trading execution lag, long delays in dealing with customer support, and 4/15

5 loss of funds are rampant. Value to the customer is low and existing platforms are being used for lack of good alternatives. There's considerable demand for global, compliant, and professionally-built exchanges that can move the industry forward in terms of performance, stability, and low costs. A fragmented market with no clear leader. 5/15

6 Solution A compelling value proposition. Tiny Fees + Superior User Experience. On WCX, you get the best of both worlds: industry-leading low costs coupled with incredible performance. As WCX volume grows, the value we provide to customers increases, creating supply and demand network effects that are mutually reinforcing. As WCX grows, the ability to deliver best in-class service increases. Tiny fees for everyone. 6/15

7 WCX offers an enviable cost advantage. Just 0.1% net per transaction, and you get paid, not charged a fee, if you re a maker. WCX was built differently from the ground up to make sure we stay focused on keeping your costs low. The less you pay, the more you keep. Over time, more money stays in your pocket. WCX fees are 4x lower than industry average and up to 10x lower than some existing exchanges. Superior user experience Streamlined design. Advanced engineering. Robust features. The ultimate form and function: WCX puts everything you need to trade inside one simple and intuitive dashboard. WCX s trading dashboard is engineered for stability and filled with all-new technologies that take power and performance to a whole new level all while feeling instantly familiar. The interface is fast, fluid, and easy-to-use, designed to work across devices with remarkable fidelity. It makes trading on WCX a breeze. Highly-performant charts that cater to both beginner and advanced traders can be customized with over 300 indicators. At launch, WCX will support trading for BTC, ETH, XRP, LTC, XMR, and USDT, with more products and markets planned post-launch. 7/15

8 Trading Engine 1 million transactions per second. There's a reason we call WCX's trading engine "The Juggernaut". It can process up to 1 million transactions per second without blinking an eye. Existing digital currency exchanges can sustain up to 50K transactions per second. At 1 million per second, WCX is an entirely different creature, balancing flexibility and power at lightning speed. WCX's trading engine offers up to 20x more power and grunt than alternatives. WCX's trading engine supports more than your average order types. Easily submit market, limit, stop, trailing stop, and block orders that work exactly as you expect with unmatched execution speed. It's built on the same technology that drives the largest stock exchanges in the world. It all takes place behind the scenes, but you ll feel the difference in so many ways. So whether you re a pro who s been trading for years or someone who s just getting started, you'll soon be able to trade digital currencies at maximum velocity with minimal lag. Our API: robust, simple, powerful. Connect directly to WCX's trading engine through REST, WebSocket, or FIX, and you re ready to start trading. Get all the data you want and need to run your trading programs, at your fingertips. 8/15

9 Security Built from the ground up with privacy and security in mind. Security and privacy are fundamental to the design of WCX. The platform is built to put your privacy first, and security runs through the entire system: 2-factor authentication, top-notch encryption, transport security, and more. WCX uses a variety of methods and multiple layers of security to ensure the safety of our digital currency wallets, network, and servers, as well as our software and web applications. 98% of customer funds are kept in cold storage at all times, out of reach of attackers. Global In 190 countries on day one. Digital currency demands a borderless world. We want everyone to experience the power of WCX. That s why we're focused on delivering our message and opening WCX to people around the world. On day one, WCX will launch in 20 languages. Customer Support We ve got your back. 9/15

10 Our customer support team is distributed and available around the clock to answer your questions and concerns, even in times of high demand. On-site step-by-step guides help you get set up and take you through some of WCX s great features. And a comprehensive and searchable help center is available in dozens of languages to help you find answers quickly and effortlessly. Team A winning combination. At its core, WCX is a software company powered by technology at every layer. Our team combines veterans from Silicon Valley and Wall Street with decades of experience in consumer software products and financial markets trading. WCX rewards original thinking and hard work. We hire the best of the best to create, market, manage, and support our products. Business Model Proven. Predictable. Profitable. Our business model is simple. WCX takes a cut (0.1%) on trades executed on the platform. More happy customers leads to higher trading volume, which leads to higher revenue. 10/15

11 Our first milestone is 1 Billion (USD equivalent) daily trading volume within 24 months from launch. Our second milestone is 3 Billion (USD equivalent) daily trading volume within 5 years. 5-Year Annual Revenue Forecast. All numbers are in Millions (USD equivalent). Customer Acquisition Strategy Relentless focus on customer satisfaction. Having a solid customer acquisition strategy is an essential component for any business, and particularly for a business entering the crowded digital currency space. We believe in smart marketing reaching out to enthusiastic customers and building a base of happy clients that will keep coming back. The cryptocurrency community is close-knit and word of great service spreads rapidly. 11/15

12 On an international scale, we'll drive our message through a grassroots campaign spearheaded by local community managers. Our message is simple and understandable across borders: tiny fees + incredible service. ICO Details Supply Distribution At the ICO, 10 WCXT = 1 USD. The WCX ICO will have a fixed hidden cap. 8% of tokens are reserved for the team and advisors; 5% are reserved for pre-ico marketing and bounties; and 87% are reserved for the token sale itself (including pre-ico bulk buyers). Bonuses will be available for early buyers. All unsold tokens will be destroyed. The remaining supply will become the total supply of WCXT, in aggregate paying out 20% of WCX's fee revenue. The ICO is the only time WCXT will be issued and offered to the public. Funds raised at the ICO will be used for customer acquisition, research and development, and hiring the best and brightest in software development, security, marketing, compliance, and customer support. By the time the ICO begins, WCX will have a fully functional product, so you'll know exactly what to expect before deciding whether or not to participate in the token sale. 12/15

13 WCXT supply distribution. What are WCXT? 13/15

14 As a holder of WCXT, you're entitled to receive a share of WCX's revenue. 20% of all revenue generated by WCX is automatically paid out to WCXT holders, in amounts based on each holder's share of the total amount of tokens. As an exchange, WCX collects fees in many digital currencies which means that WCXT holders are paid in many different digital currencies. Holding WCXT is hence equivalent to holding a passive income portfolio of diverse digital currencies. Payments will be made on a monthly basis. To receive payment, you can either keep your WCXT in your WCX wallet on the exchange or in an ERC20 compatible address that you securely link to your WCX wallet. Your monthly payment equals 20% of the fee revenue made by WCX over the past 30 days, multiplied by the amount of WCXT you own at the time of payment, divided by the total amount of WCXT. Payment dates for each year will be available in advance on the WCX site. Monthly Payment = ( 20% x WCX Last Month Revenue x Tokens You Own ) / Total Tokens WCXT is an ERC20 token issued on the Ethereum blockchain. Preparing for the ICO To buy WCXT at the ICO, you'll need either BTC or ETH. Learn where you can get BTC in your country Compliance 14/15

15 Integrity in everything we do. Above all, WCX aims to provide an honest and ethical service. WCX will comply with all laws and regulations in the jurisdictions it serves. Digital currency regulation is still evolving globally. We ll proactively reach out for guidance in jurisdictions where regulation is not clear. If a jurisdiction decides to ban or make it difficult for its residents to trade digital currency, while WCX will do its best to set up legal structures to be compliant, WCX may be forced to stop serving residents of that jurisdiction. This could result in a drop in trading volume and fee revenue. This is a risk that potential WCXT buyers should take into consideration. WCX monitors and records all suspicious trading activity. Any person or group that attempts to use WCX to facilitate illegal activities, such as money laundering or tax evasion, will be held accountable. WCX will comply with law enforcement globally if and when asked to disclose information about such activities. Stay in the Loop Sign Up Follow us on Twitter Help bring WCX to the world. Join 250+ contributors in our translation project. 15/15