![NDXpeosatmos.gif](https://cdn.steemitimages.com/DQmY3fq23i3fdx94pvrYhbSH7hkKp4GRCbF6crEMNjXqQiJ/NDXpeosatmos.gif)

So I wanted to explain why I use newdex and why you have been hearing about it if you follow me. This is not some sort of new binance like exchange that popped up that is payin kookoo coins to have people refer friends. As far as I know there is no referral program to use yet for newdex as theeris no signup or login, you connect with a blockchain wallet like Scatter, and this is why its so important to me to have the scatter SPS steem proposal that currently is actually climbing its way up to SPS proposal list

![](https://cdn.steemitimages.com/DQmbX95hdKeant4aWXCCDYGNDUaPgxhsFdqkK6Kp7EAJngK/image.png)
https://steempeak.com/proposal/@ackza/sps-proposal-adding-steem-support-to-scatter-dapp-wallet-with-scatter-wallet-pack

This proposal will help motivate me and others working on the project to get Steem added to the Scatter  Dapp Wallet so we can then add Steem trading pairs in newdex like they have EOS, EOS sister chains like Telos, and other chains like TRX and so I hope to see Steem tokens both Steem-Engine tokens and eventually SMTs so we can have newdex be a place to list SMts beyond the steem dex. 

I really cannot wait to also have NDXp on steem-engine which will cost approx $150 or 1000 ENG and I am securing the funding to get this done. Once the EOS token NDX is listed on steem engine I will be able to airdrop 16,000 NDX using @steemairdrops with the help of @gerber who I will split my NDX influencer funds with, and I will end up giving 1 NDX to so many steemians, they will ask what this token is.  Well you stake NDX on newdex.io to get access to lower exchange fees, just like BNB on Binance . However we have a lot more benefits as users to staking NDX and that includes a 'Lucky Draw" random spin to win eos, and access to 'Candy Airdrops" and I should also show the full list of features you can get access to as you take more and more NDX, as this char shows:
![](https://cdn.steemitimages.com/DQmdNn6FuEPq6RG2dobc8zaLFkWaYk1QK8F2P42Pvw1o3zp/image.png)

Now as you can see we even have the option to stake 1 million NDX to achieve the Anonymous Trading feature. I also have read that there will be autonomous listing for those staking enough NDX and I cannot wait for that and the ability to VOTE on tokens and rate them with NDX stake weighted voting which i will submit a proposal for. 

![](https://cdn.steemitimages.com/DQmStW1WUGA1o96eN2mzBu5fyoxGWi5h9Thy8RTeCkUXu3S/image.png)

As you can see I have already saved 0.1718 EOS just from staking over 100K NDX at VIP Level 3 and getting 15% off normal trading fees. for larger time traders this must really add up and I cannot wait to get a cut of trading fees with a binance style referral program however, its decentralized so I guess instead we just have to promote the NDX token. The Max supply allows us to see a 10 Billion max and circulating of 9.951 Billion

![](https://cdn.steemitimages.com/DQmY2gdpDkJtitjE5TX69zM5sSNj9zjA6qPijHxdSCNaucZ/image.png)

Now 9 months ago they announced an Newdex Ecology that dealt with various matters of the NDX token from staking to save on fees to autonomous trading later on, where you can stake NDX and get listed on newdex, good behaviour withstanding.  I really see NDX as the next Binance and becoming much larger as they are starting out as a decentralized exchange. 

https://newdex.zendesk.com/hc/en-us/articles/360021256251-Introduction-of-Newdex-Platform-Ecological-Token

This article reveals a lot of amazing ideas and heres one of them: Autonomous self serve listing (like steem engine) 
![](https://cdn.steemitimages.com/DQmeGp8ct52YvMXtXNfBcdUvRK4k4g3Pa1vXYexZ7XStyhu/image.png)


Now when i read that staked NDX will be used for token listings and if fraud happens, staked NDX will be used to refund investors, i knew this was the future.  I am hoping @steem-eng can learn from Newdex and all of its features.

When we see this feature go live, we will see token projects buying millions of NDX to stake just to list here and we will have self insurance and self regulation from what i read.  I see no reason to doubt that newdex will become bigger than binance as long as EOS continues to lead in the dapp world and, if my plan world, we can add STEEM to newdex and have STEEM trading pairs for Steem Engine tokens and SMTs . I really believe this will being steem the attention it deserves and we will see the speed and ease of steem's social media combine with the enterprise features of EOS and we can end up with newdex becoming a focal point for all the best of the blockchain world. As soon as Carbon Stable coin goes live in the USA we will even have a very regulated and safe method to enter EOS with fiat, and we will no doubt have private anonymous ways to convert fiat cash to @peos the privacy eos token. 

![localpeosmoneyflick.gif](https://cdn.steemitimages.com/DQmUZ6aPCtdQXn2MfnHPvLPJJUZpeZ2i5Fym2YNKsRyHPi4/localpeosmoneyflick.gif)

Mycelium wallet Bisq localbitcoin and many others already have a local bitcoin trading system and I am certain we will see someone develop private anonymous methods for exchanging fiat to pEOS, and then pEOS will eventually allow for private trading on newdex. However newdex allows private trading, built in dapp trading will also be very very interesting. When a dapp allows you to sell a token using a private peos transaction, all within the dapp, newdex can earn its fees, the user pays their peos privacy fee and will never have to leave their dapp, just maybe will have to buy and stake some pEOS and ndx. 

![](https://cdn.steemitimages.com/DQmZWLZJXZ53YzciZEdrh19g8npgVpzGDRcndPvvSKri5eo/image.png)

I hope to see you on the Newdex Telegram here https://t.me/NewDexio and on @datajunky 's chat here for newdex influencers and community bonuses and giveaways https://t.me/NewdexChat and of course https://Newdex.io

You will need an EOS wallet to use newdex like https://Get-Scatter.com and an EOS account (Download MyEOSWallet or MurMur to get your free EOS account after following instructions)