Nov 30, 2019 - 04:56 AM
The Exchange that will be created has clear objectives, among which I highlight the control of YtC's buy and sell flows to protect the currency and avoid speculation. For a while it will act very rigorously and will be a balancing factor for the currency's stability and growth.
In the future, it is natural that as the entire process and structure matures, the exchange may act as another existing exchange and thereby work with other crypto currencies and fiduciary currencies other than the dollar.
Regarding the sale of tokens during ICO, the only way to do it now is, peer to peer because the exchange is not working yet. Find someone interested in buying, (I know interested people). That person must be registed in the YtC site (www.yellowtradingcoin.com), in order to have a back-office and a e-wallet. Both of you, sit at a computer. Then you transfer the tokens you want to sell from your e-wallet to his e-wallet. Do the math and receive cash, considering that each token now, worth $ 0.02 (two cents of an american dollar).
An important detail: Why both sitting at a computer? Because this suggested operation is carried out without the company's supervision it has to be based on trust between seller and buyer.
Imagine agreeing to sell your tokens to someone who lives on the other side of the world. How do you guarantee the payment? Since the transaction is not brokered by the exchange, the company has nothing to do with it. Take your precautions.