Dukascoin - Cryptocurrency from Dukascopy is now available
Forex ECN Broker, Dukascopy, introduced its own cryptocurrency to the market. About such plans we have already informed you in November last year. Now, after accepting the issue by the Finnish supervision of FINMA, the plans have become a fact. Thus, Dukascoin, because this is the name of the coin, is the first cryptocurrency released in history by an adjustable Swiss bank.
Get 5 Dukascoins for free
The symbol chosen for Dukascoin is DUK +. By opening an MCA account at Dukascopy, each new customer will receive 5 coins DUK + for start. To do this, simply go through the link below and use the promotional code: CTS-U4U.
To date, thousands of MCA accounts have been opened over 45 and issued 23610 monet. A limited number of coins will be released.
Initially, the "issue" price was EUR 1 per item. Just moments later, the rate plunged by 50%. However, since then, Dukascoin has gone straight and its rate has stabilized above the EUR 1 level. One at the moment "Dukas coin" it is valued at EUR 1,04.
Interest-bearing coins
Dukascoin holders can sell them or buy more on the market. They can also withdraw Dukascoins from the bank to their external blockchain wallets. People who decide to store them at the Bank will be able to receive them Deposit Award from this title. Its height will depend on the total amount of coins held in accordance with the table below. The more cryptocurrencies of the broker we have, the more we will get them "Extra".
Minimum deposit in coins | The amount of the DUK + deposit per year |
100 | 5% |
250 | 10% |
500 | 20% |
750 | 30% |
1`000 | 40% |
2`000 | 50% |
3`000 | 60% |
4`000 | 70% |
5`000 | 80% |
7`500 | 90% |
10`000 | 100% |
The offer is valid for deposits made in the first year. The bank may extend or suspend the deposit rewards program at any time it deems reasonable without affecting previously accumulated deposits. The prize for the cash deposit will be paid in Dukascoins. Additional terms will be announced at a later date.
Security
It is worth recalling that deposits at Dukascopy Bank are covered by the Swiss guarantee fund in 100% up to the amount 100 000 CHF. The Bank will regularly organize independent audits to verify the correctness of Dukascoins releases. These inspection visits will ensure compliance of the number of open MCA accounts and the number of Dukascoins issued for this period in accordance with the Airdrop ICO concept.
The new Duskacoin tokens will use the proven ERC20 protocol, an Ethereum-based solution that is most often used by companies creating their own virtual coins, without developing and implementing their own technology.
Detailed information on the ICO can be found on the dedicated page as well as in the document Dukascoin Whitepaper (download PDF).