When will Zeus Exchange launch?
We expect to launch in Q1-Q2 2020 with Zeus Exchange, offering crypto-stocks based on top-20 NYSE/NASDAQ stocks and with a few selected cryptocurrencies.
What currency will be used for deposits / withdrawals?
We will launch with USD and EUR in fiat currencies and with XEM in cryptocurrencies. We will be adding other cryptocurrencies at a Beta stage in 2019.
What currencies will be traded at the exchange?
Clients will be able to trade USD and EUR for XEM at Alpha launch. We will be adding other currencies and cryptocurrencies at a Beta stage in 2019.
How does digital asset work?
Digital asset is a mirror token that is issued for an underlying asset at Zeus. Traditional (fiat) assets used to back digital assets issued by Zeus, are held by the prime-broker, and thus enjoy all the traditional levels of protection (custodian, regulatory, security). Digital assets issued by Zeus are held in the public blockchain, ensuring full transparency.
How are digital assets audited?
External auditors and administrators have access to the internal depositary to verify all reports produced by Zeus. Non-changeable deal execution reports and its verifications are published to the blockchain.
How to exchange digital assets and assets?
All clients, who have successfully fulfilled requirements for client identification procedures, will be able to execute and exchange between assets and digital assets through Zeus Exchange client interface and platform.