Buying and Selling Shares
Last updated
Last updated
Acquiring and trading profile shares on xfam.tech is a breeze. Just visit the user's profile whose shares you wish to purchase and click the "Buy" button. This action will redirect you to a tab where you can both buy and sell profile shares with ease.
When you engage in trading a Profile Share on xfam.tech, a nominal 12.5% fee will be applied to the total transaction amount.
To ensure a fair distribution of these fees, we've established the following allocation:
Share Owners: As a Share Owner, you'll receive 5% of the fees generated from all future trades of your Shares. This is your share of the transaction fees when others buy or sell your Shares.
Share Holders: Share Holders will collectively receive 5% of the fees generated from all future trades of the Profile Shares they're currently holding.
Protocol: To sustain the ongoing operation and maintenance of the xfam.tech platform and its associated components, 2.5% of the fees go towards the protocol. In the event that a referred user makes a purchase, 20% of this amount (or 0.5% of total purchase) is deducted and credited to the referrer.
By simply clicking the X button, you can enter a user's X handle and search for Profile Shares of an X account, even if it's not registered on xfam.tech. This feature enables you to trade Profile Shares of X users who haven't logged into xfam.tech with their X account.
These shares are entirely valid and available for trading, providing opportunities for investment even before creators officially join the platform.
The price dynamics of these Profile Shares will remain consistent, offering a reliable and dynamic trading experience (check Price Dynamics).
All Owner rewards generated from trading unregistered Profile Shares will be reserved and and creators will subsequently receive the rewards when they log in with their X account.
Important Note: Ensure that the handle matches the handle on their X account. The logging in through the X account on xfam.tech serves the vital purpose of preventing impersonation and ensuring the authenticity of each user.
