Bitcoin Forum

Almost 90% of ICO projects managed by TokenSuite team turn into a SCAM! Just check their trust information and this few threads:

https://bitcointalk.org/index.php?topic=3913709.0
https://bitcointalk.org/index.php?topic=4508584.0
https://bitcointalk.org/index.php?topic=3221684.msg41793078#msg41793078

If you don't want lose your time and money, better stay away!

Why is the presentation of the project not in Russian ???? information is provided only on the distribution of the token and the details of the sale

Why is there no response from the manager about this? Because in my opinion the posted thread is being accused of scam projects. Or is that true so the manager can't say anything.

that is true and there are still other scam projects that are launched or managed by tokensuite. sad and very unfortunate, because they destroyed their own reputation and everyone has left, not even trusted them.

What does this mean unique token utility of BXC what can not be found on other exchanges ? If this was highlighted then was good to have shed more light on the unique use cases of the token in the same paragraph to make it easy and interesting for the reader to reach at the conclusion. Exchanges are rising fast but it is something much more serious and bigger than issuing a simple token.

It is registered in Estonia

https://i.imgur.com/e9uVP1s.png
From whitepaper :)

How much are the targets of Softcap and Hardcap this project?

What proves the BtcEX partnership with the list of partners on the website?

When the bounty program will begin?

From what I read their Softcap target is $ 1,000,000 USD and their Hardcap target is $ 5,000,000 USD

BXC tokens not purchased during the Token Sale will not be destroyed (‘burned’). If the BtcEX token sale does not reach the soft cap of $1,000,000 at the completion, there will be two courses of action:
1. If more than 80% of the soft cap funds are raised, the sale will be extended an additional month.
2. If less than 80% of the soft cap funds are raised, all funds contributed, excluding transaction fees, will be returned to the same wallets used in the initial transactions.
Source Whitepaper.

There are six pairs of trades will be available soon (BTC / USD, ETH / USD, LTC / USD, BTC / HKD, ETH / HKD & LTC / HKD). That's what I got.

How is the team acting in the face of competition with competitors?

Where I can find a discussion about the legality of this project?

Why Estonia was chosen as the location of the BtcEx exchange? are there specific reasons?

Until now there has no been countdown on the website, does that only apply at the time of public sale?

There are several explanations regarding the risks, including Risks of Legal Uncertainty, Risks Related to the Ethereum Protocol, Risk of Losing Access to BXC Due to Loss of Credentials, Risk that the Company Will Change its Plans and Strategy, and many more. For more details, you can read it in the whitepaper.

Of course not, I just want to know the continuation of this project, especially at the beginning someone comment that this project was a scam because it collaborated with Tokensuite. Just wondering how it ends.  :)

I think the team should make a statement concerning the accusations made above about TokenSuite and their involvement with project that at the end of their sale will end up scaming investors and bounty hunters, this is a dent on the trust of their reputation and they should try and clarify it to gain back their reputation and trust.

If it wastes time, then why are you here?  :P
In my opinion there is no time wasted if used to learn something, including this project.

What things can reduce the value and liquidity of BXC tokens?

At the time of publication of this Disclaimer BXC may not be traded on exchanges. Upon being present on an exchange BXC may cause fraud, experience security failures, or other similar issues. These events may cause a reduction in the value or liquidity of BXC. I guess.

Interesting question
I can only think of security problems may reduce the vale of BXC tokens or BtcEX cannot achieve the roadmap.

One of the nightmare of cryptocurrency users is being hacked by irresponsible hackers who intentionally and various ways to break into digital wallets. How is this project's response related to this?

In my opinion, this question is a bit too far, because only yesterday the pre-sale began and to find out the response to whether this token was in demand it seemed too fast, especially to determine the outcome of the sale.

Well, I hope this project can prove that they are not a scam project as alleged by some people here, so that it does not waste time for the enthusiasts, and can also give a new color to the development of the cryptocurrency world.

They don't even try to discuss that - open their trust section and you will see more details.
If you guys don't take payment for spamming this thread upfront, you can have problem to get this payment later..  ;)

Wait and see, will your argument be correct, or is this project right? Because we cannot accuse if there is no evidence that the project is scam or not, even though the information you provide is still related to Tokensuite, but not about this project.  :)
But thanks for the input.

What are the biggest obstacles facing the team in developing this project?

Why is the blockchain technology chosen by this project?

Yes, that's true, especially in 2017 BtcEX was hacked and all funds were lost. And that will clearly reduce the level of trust among users of digital assets.

What are the advantages of BtcEX exchange compared to other exchanges?

I think, it's not much different from other exchanges, the advantages can being able to transactions for BXC tokens. And to compare BtcEX with existing exchanges I think it's still too early, even though in 2016 it has been launched but experienced a disaster in 2017. Therefore, nowadays, BtcEX must showing again its credibility as an exchange that is deserving of interest and trustworthiness.

Are there solutions offered by this project?

Their cryptocurrency exchange offers access to a wide range of cryptocurrency instruments. In the initial version of the system, there will be 20 cryptocurrencies available: BTC, ETH, BCH, NEO, DASH, LTC, EOS, ETC, XRP, ZEC, IOTA, and a few others to be named later. They are also available to support ERC20 tokens like OmiseGo, Basic Attention Token, Binance Coin, etc . These cryptocurrencies can be traded against FIAT currencies (USD, EUR, AUD, CAD, JPY etc.) or other cryptocurrencies. That's what I got from whitepaper.

Does this project require a third party to carry out development or is it just a single fighter?

How much is BtcEX sure that their exchange will be of interest to many people and successful?

the total supply is only 50 million, this is good to buy because the ICO price is only 0.25 $, usually with supply as much as the price can reach 1-5 $ in the market,
hopefully BtcEX can prove it

In the whitepaper I found several words like this "There are seven main components that will form the BtcEX exchange platform." But there is no explanation of the seven main components. Does anyone know that?

Why is BXC launched in the form of tokens instead of coins? whereas BXC has its own market, like BtcEX.

To make a coin requires no small amount of funds, not to mention having to have its own network and server, and much more must be prepared. Although BXC has its own market like BtcEX, taking steps to become tokens is also quite good. Just see the interest in the market, if the response is good or even exceeds expectations, it could be for the future BXC to turn into a coin. No one knows.

How does the token sales agreement take effect?

From what I've read that this Agreement comes into effect when you (1) access this website, mobile application or desktop application; (2) click a button or check an unticked box in any section of the website, mobile application or desktop application which presumes your acceptance to the terms of this Agreement or, if earlier, (3) pay an order and the Company receives full payment according to Clause 3 of this Agreement (hereinafter the "Effective Date").

If so, is there a definition that can describe that agreement of token sales?

There are a number of things that are explained by the team that includes these definitions, including Advice, Confidential Information, Content, Risk Disclosure, Site, and Terms.

Can you give a little explanation of some of these points? because I have not found the source of that information.

For more detailed information you can visit the website directly at https://bxlend.com

I did it, but I still couldn't find information about the token sales agreement.

I think you should be more careful when visiting a website, so that the information you want to search is not overlooked.

The Confidential Information shall include: (1) non-public information regarding the Company or its acquirers, owners, customers, business plans, marketing activities, financial and other business matters; and (2) third-party information that the Company treats as confidential.

Is there insurance provided by the company if something unexpected happens such as natural disasters or others?

Are all the information provided by the website very accurate for reference?

As I know the Company and its affiliates shall not be liable for a failure or delay to fulfil its obligations where the failure or delay results from any cause beyond Company's reasonable control, including technical failures, natural disasters, blockages, embargoes, riots, acts, regulation, legislation, or orders of government, terroristic acts, or war, alterations in technologies, including, but not limited to, blockchain, cryptocurrencies, the Ethereum, their protocols or any other force outside of Company's control.

If the company cannot provide accurate data on the website, and does not want to be responsible for the information they provide. This sounds rather ridiculous to me.

If there is a conflict between the company and the second party regarding demands, claims, disputes related to BXC, how does this agreement find a way out?

In case of controversies, demands, claims, disputes, or causes of action between the Company and second party relating to BXC or other related issues, or this Agreement, you and the Company agree to attempt to resolve such controversies, demands, claims, disputes, or causes of action by good faith negotiation, and in case of failure of such negotiation, exclusively through courts of Estonia. The governing law of the contract shall be the substantive law of Estonia. That's what I got.

right, I have participated in several campaigns held by tokensuite, no one has succeeded, I don't know whether this is good luck or not, which is clear that some of them have left.

KYC is required when registering. That means the company has the personal data of each member. What is the company's privacy policy in protecting the personal data so that it is not misused?

The Company endeavors to apply suitable safeguards to protect the privacy and security of your personal data and to use it only consistent with your relationship with the Company and the practices described in this Privacy Policy. The Company also minimizes the risk to your rights and freedoms by not collecting or storing sensitive information about you. I guess.

Sometimes companies like to change their privacy policies to support the progress of the project, and if that happens how does the delivery process to the second party to prevent communication failure?

The Company, in its discretion, may from time to time amend this Privacy Policy. The Company recommends you to check the Company's website and platforms frequently to see the current version of the Privacy Policy and its previous versions. The Company may inform you of the changes to the Privacy Policy using the available means of communication.

Personal Data the Company receives may be held on Company's computers and systems in the Hong Kong Special Administrative Region, data centres in the United States and may be accessed by or given to Company's personnel working within the United States. The Company has its establishment on the Estonia. Information we collect from you may be processed in the Estonia. If it's not wrong like that.

I don't know for sure but I know in particular, the Company collects and transfers to the Estonia personal data only: with your consent; to perform a contract with you; or to fulfill a compelling legitimate interest of the Company in a manner that does not outweigh your rights and freedoms. The Company endeavors to apply suitable safeguards to protect the privacy and security of your personal data and to use it only consistent with your relationship with the Company and the practices described in this Privacy Policy.

Indeed, I don't deny that there are several projects managed by Tokensuite which are not clearly even scam as discussed by some people here, so it's only natural that they are disappointed and comment on this. However, if I look at this project, it has a fairly transparent description of the privacy policy, token sale agreements, terms and conditions, and others. Even though I was still not so sure of the truth before all that was really proven.

What is the project planned for the next few years?

From the information I read that the planned development strategy for BtcEX is to partner with AlphaPoint, a financial technology company, to refine the foundation of the platform, focus on building the BtcEX brand, grow their community, and expand operations.

A plan that is quite interesting, so until now how far have the projects been in developing the concepts they are carrying out?

BtcEX has been under development for more than 6 months and has grown from just being an idea to an actual MVP (minimum viable product). This continuous, on-going process has seen multiple iterations to improve the features and security of the platform. The website with the project description and details (http://www.btcex.pro) is live. The MVP already contains the design of the web interface, the smart contracts, and the blockchain architecture. The hardware infrastructure is based on iWeb Services. That's all I know.

Does anyone understand the following statement "Every quarter, BtcEX will re-purchase BXC and destroy that supply, this activity will continue until BtcEX purchases 50% of the total BXC token supply"?

Are there free tokens given by BtcEX to anyone who registers?

I don't know that, but what I know is that "Proof of Stake mining" feature is applied on BXC. This is not real mining. Verified active users who hold a certain amount of BXC will receive daily distributions of BXC.

Exchange database is replicated on multiple servers instantly. It is a distributed database hosted on several nodes, which prevents data loss, if one server is damaged.

After the waves of ICOs, Masternode coins, it seems that the new wave of crypto exchanges, especially dex, has get started recent months.
Investors and traders should be careful with their choices to store their coins directly on exchanges.

What is meant by remarketer software solutions on this project?

The remarketer solution enables the BtcEX exchange to have a fully-populated, live, and dynamic order book across a variety of digital asset markets. The remarketer software will automate market making on the exchange and will also duplicate orders from leading exchanges to BtcEX. Remarketed depth, thresholds, and the equation to upcharge orders will also be able to be customized. I guess.

Do you know what features are the inside?

As I know is that there are several features, including Always-active order books, Working historical charts, Cross-FX remarketing.

What benefits are the advantages of this software?

The software will be able to source liquidity from the deepest digital asset order books.
• Support any currency pairs (Cross-FX conversion available)
• Access 3rd party exchanges like Bitfinex, Bitstamp, Kraken, Poloniex and Coinbase Pro
• Smart order routing
• Make a return on arbitrage opportunities across exchanges
• Risk management for a select range of market conditions.

Can anyone explain how BtcEX effort to achieve their revenue?

Revenue will be generated in four methods:
1. Trading commission. 0.2% on every transaction.
2. Transfer fees. Flat transfer fee of 0.3%, minimum 30 USD/EUR.
3. Cryptocurrency transfer fee 0.0004 BTC, 0.009 ETH, 0.001 LTC, 0.1 XRP, 0.0004 BCH, 0.01 ETC, 0.001 Zcash, 0.01 Dash, Free for NEO, Free for EOS.
4. ICO token listing fee of $50,000 up to $500,000 USD (depending on BtcEX market share)

What functions are provided by BtcEX?

Functionalities includes :
- Interactive charts with indicators and drawing options
- Market watch with lists of all available instruments (currencies)
- Storage / transfer options in each cryptocurrency and in select FIAT currencies (wallet functionality for FIAT currencies will not be available until a required FSA license is issued to BtcEX)
- Transfer history
- Live order book
- Limit, Market and Stop orders
- 2 Factor authentication and notification settings
- Display of active orders / cancelled orders / transaction history
- Crypto wallets integrated with exchange / storage of the coins
- REST, Websocket API
That's what I got.

When viewed from the total distribution allocation there is only 2% for bounty campaigns not available for airdrop.

For more details, you can find out for yourself at https://bitcointalk.org/index.php?topic=5084896.0

For more detail you can go to bounty program  :)

http://bountysuite.com/bounty-programs/btcex.html

How does BtcEx display what has been developed and what services are available?

BXC is not investment, share or any type of securities, but BXC may obtain a legal status such as asset or the like. Can that status be limited?

From what I read BtcEX aims to development & provide services in 3 stages:
Stage 1:
Wallet & Exchange Service. BtcEX can keep cryptocurrency and utility tokens on the platform in wallets, however, it will not be immediately available to keep fiat funds or any other assets on the platform without receipt of necessary licenses. License requirement: FIU (Financial Intelligence Unit).
Stage 2:
Enable proposed mining features, ICO project listing, and voting services.
Stage 3:
BtcEX Full Order Book Exchange. Storage of fiat funds on the platform, provides leveraged trading service, P2P lending, derivative instruments, security tokens, and STO listings.

As I know that status may be restricted if the Company lacks compliance causing the decrease of the BXC

Yes, the team must explain in detail what is causing the risk of decreasing the BXC value which is not profitable, so that it can lead to impossibility to run the Company's business and dissolve BXC or fail to launch BXC.

What is the speed of each transaction on BtcEX?

What I know that BtcEX has a capable matching engine of one million transactions per second.

Indeed, the team should provide a clearer explanation about this. But also not to be dramatized, because almost all new cryptocurrency is at the same risk as BXC tokens. I guess.

this project is held by managers who are experienced in the crypto world
I don't think this project will experience serious problems when selling tokens runs

Can the company make unilateral decisions regarding terms and conditions, such as termination or restrictions on access?

We are very exited inform our positively community feedback BtcEX ICO project ☺️
join BtcEX community to day  ! https://t.me/BtcEXpro
#btcex #ico #tokensales #btcexpro

https://twitter.com/btcexhk/status/1076468095756038144

The Company may terminate your access to the Site and its related services or any part at
any time, without notice. That's the information I have.

What kind of violations can cause that to happen? can you explain that?

So far only that has been informed by the team, there are no examples of violations committed. But in my opinion, there are certainly rules that are violated from the terms and conditions that have been agreed upon, so that this can happen.

What is the minimum and maximum number of purchases for BXC tokens?

I was a little surprised, why there are still questions like this, even though the answers can be found if he wants a little effort. Because this project has provided websites, whitepapers and also social media to make it easier for anyone who wants to find information about this project.

Don't feel annoyed just because of that, I just ask what I don't know. And if you know the answer there is no harm in sharing information, don't grumble like that.  :)

Minimum purchase: 9.36 USD
Maximum purchase: 100 000.00 USD
Maybe this is what you are asking, and I got this from the whitepaper. My advice to you, first find information about the project that you are observing. If there are things or terms that are not explained by the team, then you ask, so that the discussion about this project is more interesting. And certainly do not hesitate to move from your comfort zone.

What made Kevin Ng as the founder of BtcEX want to re-establish this exchange, while he had failed to maintain the security system so it was hacked and lost all funds in 2017? does anyone have information about this?

BtcEX’s goal is to re-join the cryptocurrency space with a current Top 10 market cap of approximately $22.3 Billion USD. This includes spot exchanges, derivatives, ICO listings and P2P lending. Cryptocurrency daily volumes have exploded from $100 million USD a year ago to around $16 billion USD, today. Maybe.

Leverage trading allows customers to enjoy profitable opportunities by buying or short selling to increase market liquidity. Regardless of whether or not the cryptocurrencies trend is bull or bear, that volume can always be increased. I guess so.

What is the team's strategy in maintaining competition with competitors?

So far how many tokens have been sold?

Why in the whitepaper is only Maksym Maglovanyi, (Blockchain Developer) which is not accompanied by a Linked account? does he really have no account or because of human error?

It seems that he does not have a Linked account, because on the website, his Github account is listed, but unfortunately there is no history where he has worked or previous experience.

if we want to follow an application there is a good thing we find out carefully about the team involved in this project so that later it will not be wrong wrong or disappointed behind it, because info about the team is also very necessary.

What are the terms and conditions that need to be known before joining this project?

What do users need to pay attention to in the Token Sales Agreement so as not to misinterpret?

Maybe you can find the answer at https://bxlend.com/mtcontent/uploads/2018/11/privacy-policy-btcex.pdf

From what I read, the team explained several provisions regarding this matter including, Your Access, Communications, Third Party Servis, Prohibited Uses and Intellectual Property, The Company Materials, Disclaimer of Certain Liabilities, Indemnification, Termination and Access Restriction, Miscellaneous, Contact Us.

1. General Terms.
2. Security Terms and Data Privacy Protection.
3. Purchase and Delivery of BXC.
4. Regulatory Compliance and Taxes.
5. Your Responsibilities.
That's the only information I can get. Maybe someone else can add.

It turns out that quite a lot of rules are applied, from each point you give it must have an explanation of each. Where can I find this information? can you help?

I will try to add what was previously delivered, that is Proprietary Rights, Limitations of Liability, Risk and Disclaimers, Indemnificatoins, Term and Termination, and Miscellaneous.

For all this information you can get it by visiting the website at https://bxlend.com  --> menu --> Document --> Token sale agreement.

Utility Tokens represent access to a company’s product or service. These are not designed as an investment, however, that doesn’t mean that they don’t bring any profit. In the case more people demand a particular token, the price will rise and holders can benefit from selling them on the exchanges. This allows BtcEX to tokenize ownership or purchasing power in a system that utilizes utility tokens or security tokens. In a few years, there will be a wide variety of tokens that can be used for the exchange of value. Maybe like that.

What was the team's statement in response to the attack which stated that this was a scam project, especially in the past BtcEX had an unfavorable history?

I think that was conveyed by the team through the whitepaper, that BtcEX Cryptocurrencies Platform is a Secure, Trusted and Liquid platform built by a team of veteran developers with a combined 45+ years in financial engineering, including, BATS, NYSE, and CME brokerages. BtcEX’s platform leverages enterprise-grade security and can be live in under 2 months.

Is there anything to prove it all?

To ensure that you can try to see from each of the team profiles listed on the website or whitepaper.

As a Sum&Substance client, BtcEX has the ability to easily open bank accounts worldwide with the help of their KYC procedure and methodology. Sum&Substance has experience in opening bank accounts in: Switzerland, Estonia, Singapore, USA, Israel & the Cayman Islands. BtcEX’s platform is planning to provide a stable banking solution allowing quick and convenient customer storage and transfer, if and when a required FSA license is granted. Until then, no customer assets, with the exception of cryptocurrency and pure utility tokens, can be stored on the platform.

For what purposes are API used on BtcEX?

What I know API-driven architecture enables easy integration of following components Two Factor Authentication (2FA), Know Your Customer (KYC), Payment Gateway, Bank Integration, Transfer / Storage

Where to send a request for a coin to be listed on BtcEX?

From what I read the team estimates around 378,500 users.

For this thing, the founder of this project advises to request via info@btcex.pro

So far only that information has been conveyed by the team, but if there is an update on this matter or additional information, it will usually be listed on the website.

What is the estimated revenue forecast that BtcEX will get per year in the next three years?

BtcEX Leverage Platform provides trading Cryptocurrencies with leverage up to 2.5x. The platform offers BCH, BTC, DSH, ETC, ETH, LTC, NEO, XRP, EOS & ZEC pairs to trade. It also allows customers to open long & short positions and enables opportunities to the market, advanced technical analysis, flexible trading system, as well as mobile trading applications. Market and pending orders, instant execution, tick charts, and trading history are just some of the flexible and convenient tools that will be available for users.

Information that I get in 2019 BtcEX revenue forecast is around $ 3,225,468 in 2020 $ 94,178,822 and in 2021 $ 260,433,656

Are that result has been tax deducted?

Do you mean net profit after tax? because what I just mentioned is that only annual revenue is not net profit.

Yes, isn't my question clear enough, maybe you misinterpreted it. But it doesn't matter, do you have that information?

It seems like that, as I know the annual net profit earned by BtcEX in 2019 is $ 700,454 $ in 2020 $ 60,395,388 and in 2021 is $ 182,743,802 all of which has been tax deducted by 5% per year.

As I know there are several features, such as:
● Stats: Open, High, Low, 52 Week High, 52 Week Low, Volume, Market Cap.
● Market Orders: Buy or Sell orders being executed immediately at current market prices.
● Pending Orders: show pending order status using limit order.
● Positions showing amount of Tokens, Avg. Cost, Token Value and Portfolio %, Today’s Return of Amount and %, and Total Return of Amount and %.
● Margin showing Volatility Status, Initial Margin %, Maintenance Margin % and Buying Power for Cryptocurrencies.
● Listings Date shows Token Listing Date, Price in USD and ROI %.
● Portfolio Value shows Net Value, Buying Power, and purchase amount.
● Charts showing Token Name, Market Price, 24 Hours % Change and Charts by 1D, 1W, 1M, 3M, 1Y, 5Y and All.

BtcEX Founder Kevin Ng said on the telegram that due to Maksym lecture doesn't have Linkedin profile! He has handled a few smart contract projects before, meanwhile he is a full stack developer.

Is there a price discount when buying during pre-sales like today?

What includes contract management on this project?

The pre-sale discount schedule is as follows:
- From $10,000 to $25,000: 30%
- From $25,000 to $50,000: 35%
- From $50,000 to $100,000: 40%

I think you are wrong in taking a question quote.  :)

If less than 80% of the soft cap funds are raised, all funds contributed, excluding transaction fees, will be returned to the same wallets used in the initial transactions. That's information I got.

Some of the major global exchange sources include the following: Gemini, Kraken, Bitfinex, Poloniex, Bitstamp, and Gdax.

What are the trading fee on BtcEX?

From the sources I get trading fees on BtcEX of 0.2%

Support any currency pairs (Cross-FX conversion available), Access 3rd party exchanges like Bitfinex, Bitstamp, Kraken, Poloniex and Coinbase Pro, Smart order routing, Make a return on arbitrage opportunities across exchanges, Risk management for a select range of market conditions. That's all I know.

I found one but in Turkish https://kriptoparahaber.com/btcex-yuksek-likidite-ve-benzersiz-faydali-token-programina-sahip-lisansli-kriptopara-ticaret-platformu.html

What exactly makes you doubt this platform. Wasn't this platform previously operating and hacked so they rebuilt btcex with an easier and safer concept

This is a great project, because inventory on the market can exceed what is in its destination.
Hopefully everything is real and this BtcEX project can prove it.
I look forward to more prizes from this project.

I hope you succeed, biplay.io is a sports game publishing platform that can receive BtcEX token payment. Please contact us by email info@biplay.io

I don't doubt this project, it's just that it needs an explanation from the manager about the news that proves that some of the projects managed by Tokensuite have ended badly, some even scam. But after getting an explanation from Kevin Ng as the founder of this project I think that is enough.

in general, almost any website or platform can be hacked. the main thing is that user funds cannot be easily stolen. the project is highly dependent on the market and with the growth something interesting can happen.

Is there a difference between the previous BtcEX with the current BtcEX?

What is become the current BtcEX sales proposition?

What underlies BtcEX management to repurchase and destroy BXC tokens every quarter?

As far as I know there is a difference, besides in terms of security, in previous literacy, BtcEX only offered a product that allowed its clients to exchange crypto. Now, the exchange plans to integrate more services including leverage and P2P loans.

BtcEX claims that they have learned from past mistakes. According to the whitepaper, several exchanges on the market failed to implement effective safety procedures to protect customer funds while also providing the liquidity needed by most traders. Finally, some competitors in the market do not comply with the legal requirements required. BtcEX feels it has the best proposition on the market. I guess so.

The BtcEX exchange platform will consist of the following main components:
1. BtcEX platform that integrates KYC procedures, interactive graphical interface, and wallet and account management interfaces.
2. Order matching machines can match nearly one million orders every second. Suitable machines will support the market, stop and limit orders.
3. Wallet will be web based and integrated with user accounts. To offer effective customer protection, the web interface will require the use of multiple passwords and withdrawal limits.
4. Finally, the BtcEX exchange will have an integrated API interface. Through this API, exchanges will be able to obtain liquidity from major global exchanges including Gemini, Bitstamp, Coinbase Pro, Poloniex and Bitfinex. To ensure the security and security of customer funds, the API will provide integration such as 2-Factor Authentication (2FA) and KYC.
That's the information I got.

The overall concept of this exchange platform is not very different from the existing exchange, although there are some differences in each of its functions and uses. Hopefully the team can realize it all so that the development of the crypto world is increasingly varied.

I think the team also needs to develop more deeply for BXC tokens in the future, so that this token has competitiveness in other exchanges not only as a BtcEX tool, so people want to use the exchange platform.

Where can I get information about proof of the BtcEX partnership with the partners listed on the website?

Just a year ago BtcEX experienced a heartbreaking tragedy, so it had to close the shop, and this year BtcEX tried to rebuild with the addition of concepts in it, and the platform will be launched next year. What I want to ask is that with this short time, BtcEX is sure to restore the confidence of crypto users, especially for those who were affected by the incident?

What is the current BtcEX score on the ICO rating list?

Why did the team not hold a conference to reintroduce this exchange platform with a better concept than the previous one? isn't this one of the good marketing steps?

As reported by https://icomarks.com/ico/btcex ICO Rating get 6.8 score.

The concept of this exchange platform is quite interesting, the background of the team is also quite experienced, just wait and see for the continuation of this project. I hope all goes well so that no party is disappointed.

I see that many who support this project have promoted this project a lot, I hope this can be the beginning of this project to achieve success as expected, good luck.

What things cover confidential information in the token sales agreement?

From what I read that the information available via the Site may include typographical errors or inaccuracies. The Company shall not be liable for these inaccuracies and errors. The Company makes no representations about the availability, accuracy, reliability, suitability, and timeliness of the Content contained on and services available on the Site.

The Confidential Information shall include: (1) non-public information regarding the Company or its acquirers, owners, customers, business plans, marketing activities, financial and other business matters; and (2) third-party information that the Company treats as confidential.

Does this project invoke airdrop?

Are there free tokens given by BtcEX to anyone who registers?

What are the advantages of the laverage cryptocurrency trading platform on BtcEX?

Leverage trading allows customers to enjoy profitable opportunities by buying or short selling to increase market liquidity. Regardless of whether or not the cryptocurrencies trend is bull or bear, that volume can always be increased.

BtcEX’s goal is to re-join the cryptocurrency space with a current Top 10 market cap of approximately $22.3 Billion USD. This includes spot exchanges, derivatives, ICO listings and P2P lending. Cryptocurrency daily volumes have exploded from $100 million USD a year ago to around $16 billion USD, today. Maybe.

Where I can find a discussion about the legality of this project?

There are several explanations regarding the risks, including Risks of Legal Uncertainty, Risks Related to the Ethereum Protocol, Risk of Losing Access to BXC Due to Loss of Credentials, Risk that the Company Will Change its Plans and Strategy, and many more. For more details, you can read it in the whitepaper.

What things can reduce the value and liquidity of BXC tokens?

BtcEX requires identification of KYC when registering. Are you sure you can maintain the confidentiality of the personal data of everyone who registers so that it is not misused?

Are there the latest news about the sales of BXC tokens, are they in line with the scheduled targets?

Why did the team representatives never visit this thread? even managers rarely look to answer the questions of the audience here?

The countdown on the website, is it for the pre-sale stage or public sales stage?

Is BtcEX a type of centralized exchange or decentralized exchange?

If I read in the whitepaper BtcEX following the legal rules under Estonia's FSA jurisdiction, where can I read the rules regarding that matter?

News update, at https://www.trackico.io/ico/btcex/#rating now BtcEX has been added to TrackICO.io - congratulations!

What I know is that it is still in the pre-sale stage, and the public sales phase will begin on January 11, 2019.

Do you know why BtcEX prefers as a centralized type of exchange not as a type of de-centralized exchange? because to my knowledge as a type of centralized exchange has disadvantages such as Risk of infrastructure that depends on servers, network & software design & structure, and Risk of government shutdown due to regular policy of cryptocurrency.

Really? then whether the decisions taken by the current BTtcEX by choosing as a kind of centralized Exchange is something better? isn't it true that every street is taken always to have the risk of each?

i have looked through the original post/first post but i could not locate the website link, and i guess it would be more secure for us if this was to be a decentralized platform, or maybe in the future.

As I know BtcEX is under the auspices of Fintech Century OÜ, a company incorporated in the Estonian jurisdiction.

Are there still opportunities for anyone who wants to work on this project?

What distinguishes the new BtcEX exchange security system from the old one? Because as we know, the old BtcEX security system has been hacked and lost all the funds that exist.

BXC is only available on BtcEX, will this token have its own wallet or still use the ERC-20?

I think because this BXC is a type of token that is still under the Etherium network, it looks like the wallet used is still ERC-20, as also the team said on the website.

So far there has been no discussion about the BtcEX security system in the past, but for the BtcEX security system that will be launched May 13, 2019 later all the discussions you can be found in the whitepaper.

Which exchanges, that the team think will become the main competitor of BtcEX?

As I know the BtcEX support team will provide prompt, user-friendly customer service that will include communications on Telegram, email and live chat.

In the market forecast, BtcEX aims to compete with Bitstamp and Bitfinex and have modeled conservative revenue projections that forecast BtcEX will only add users at the same rate as Coinsuper. This rate of growth will decline by 10 percent each quarter.

If referring to market forecasts, how much estimated deposit margin by user on BtcEX? do you know that?

From the information I got, customer service from the support team was only at office hours.

The team estimates that for estimated deposits the margin by user on BtcEX is $ 15,000

Hello, I am the founder of BtcEX Kevin Ng.
We apologize late reply here ! Due to we focus on ICO marketing work. I am here to reponds some of question & concern on BtcEX project.
Some of question inside WP and already got answer form community. Then we answer other question here.

1.From which country does this token come from?
BtcEX ICO project through Estonia jurisdiction as token issuer
2. Almost 90% of ICO projects managed by TokenSuite team turn into a SCAM! Just check their trust information and this few threads:
At the moment Tokensuite is our marketing partner, 90% is managed into a SCAM ! It’s depends on those ICO project executive after got funding with delivery term according to White paper or not ! Please check BtcEX operating history if still have concern on BtcEX is SCAM or not
https://www.google.com/search?q=btcex&oq=btcex+&aqs=chrome..69i57j69i60j69i61j69i60l2j69i65.6887j0j4&sourceid=chrome&ie=UTF-8#lrd=0x3403f884b464c807:0x38a55412f14eaf45,1,,,
3.How does if not all token sold out?
According to the WP, If the BtcEX token sale does not reach the soft cap of $1,000,000 at the completion, there will be two courses of action: 1. If more than 80% of the soft cap funds are raised, the sale will be extended an additional month.
2. If less than 80% of the soft cap funds are raised, all funds contributed, excluding transaction fees, will be returned to the same wallets used in the initial transactions. (Please see WP page 22)
3. From the information I got they were located at 810 Wayson Commercial Building 28 Connaught Road West, 00852 Hongkong.
BtcEX base in Hong Kong originally, but we already register in Estonia as this ICO project issuer. Refer to https://ariregister.rik.ee/ettevotja
4. When the bounty program will begin?
Please visit http://bountysuite.com/bounty-programs/btcex.html
5.  What will be traded on the BtcEX exchange later?
BTC, ETH, BCH, XRP, ETC, EOS, LTC, NEO, DSH & ZEC with USD after that is BXC token vote coin & token listing
6. How is the team acting in the face of competition with competitors?
Our strategy is first build up a  deep order book spot exchange trade with major crypto /fiat build up customer base then launch leverage trading platform, P2P lending. No reputation exchange no other product !
10 .Where I can find a discussion about the legality of this project?
This BtcEX ICO project is fully follow by our legal advisor COBALT (Estonia ) https://www.cobalt.legal/en/contacts/
11. What is the reason BXC prefers as a utility token rather than as a security token?
Due to security token request more resources eg time frame, smart contract complex, license request and budget. We base on our on hand resources, experience, budget & time frame to decide BtcEX issue utility token not security token. Our goal is getting funding success to re-launch crypto market.
12. Why Estonia was chosen as the location of the BtcEx exchange? are there specific reasons?
Estonia is most crypto friendly country in Europe, Malta also and it’s depends on how long we can obtain fully function crypto license (accept keep client fiat in bank).
13.Every cryptocurrency has a different level of risk, how about BXC token?
I would say the most risk of BXC token is the project damage & BXC token no value, please check our operating history before invest.
What things can reduce the value and liquidity of BXC tokens?
For BXC token value it depends on market trend is bull ＆bear , For liquidity, according to WP, BXC token not be destroyed (‘burned’) , it will tradable on BtcEX exchange after launch & ever new user available purchase to discount & use for vote service, Proof of Stake mining, Proof of Knowledge mining else, Every quarter, BtcEX will re-purchase BXC and destroy that supply, this activity will continue until BtcEX purchases 50% of the total BXC token supply.
14. Why is the blockchain technology chosen by this project?
This is a centralized exchanges with deep order book & trading fee business model, BtcEX aims to provide crypto & fiat let user trade with lower fee, spread & profitable, if using blockchain & decentralized then it hard to achieve our goal.
https://medium.com/btcex/centralized-vs-dis-centralized-exchange-a68c609681be
15. What happens if less than 80% of the target Softcap is not reached?
It will refund to investor through claims
16. BXC is only available on BtcEX, will this token have its own wallet or still use the ERC-20?
Sorry, not sure your question, in this BtcEX ICO project it must be had an own wallet address, but it still use ERC20

Thank you for attention & we try our best to answer your question here.

Best wish
Kevin Ng







 








 

An action that needs to be respected and very rarely done by a founder who wants to jump in directly to answer almost all the questions in ANN. I really appreciate this.

Are there notifications to users if there is a change in information on the website?

What are the functions of the third party in this project?

What is the procedure this project if there are users who violate the rules and conditions?

If there are problems between companies and users, how do find a solution to way out to that dispute?

The Company recommends you to check the Site frequently to see the actual version of the Terms their previous versions.

I've read this before, that the Company and its affiliates shall not be liable for a failure or delay to fulfil its obligations where the failure or delay results from any cause beyond Company's reasonable control, including technical failures, natural disasters, blockages, embargoes, riots, acts, regulation, legislation, or orders of government, terroristic acts, or war, alterations in technologies, including, but not limited to, blockchain, cryptocurrencies, the Ethereum, their protocols or any other force outside of Company's control.

The Company grants you a non-transferable, non-exclusive, revocable license to access and use the Site from one device in accordance with the Terms.

It seems that the third party here is only a site link service, in other words the Site may include links to other sites, applications, and platforms but not the Linked Sites and shall not be responsible for the content and other materials of the Linked Sites. The Company makes these links available to you for providing the functionality or services on the Site. I guess so.

Maybe I will add a little that the Company may change the Terms at any time. The Company may inform you of the changes to the Terms using the available means of communication.

Quoting the team statement regarding a disclaimer of certain liabilities, there is said that the information available via the Site may include typographical errors or inaccuracies. The Company shall not be liable for these inaccuracies and errors. The question is why the site that is a source of information for users is not guaranteed accuracy?

What happens if there are a portion of the Provisions that have been agreed upon  both parties that are considered null or inoperable because in accordance with applicable law?

If the user loses access to the device associated with his account, how is this resolved when viewed from the point of view of BtcEX security terms and data privacy protection?

Of all the privacy and policies determined by the company regarding personal data, does the company can reveal personal data about users to unaffiliated third parties?

You agree to indemnify, defend and hold harmless the Company, its managers, directors, employees, agents, and third parties, for any costs, losses, expenses (including attorneys' fees), liabilities regarding or arising out of your enjoyment of or inability to enjoy the Site or its services and Company’s services and products, your violation of the Terms or your violation of any rights of third parties, or your violation of the applicable law. The may assume the exclusive defense. This is what I found related to this.

If you lose access to a device associated with your account, the Company may grant access to your account to other party providing additional credentials to the Company. The Company may, at its discretion, determine additional credentials.

If any part of the Terms is determined to be void or unenforceable in accordance with applicable law then the void or unenforceable clauses will be deemed superseded by valid and enforceable clauses shall be similar to the original version of the Terms and other parts and sections of the Terms shall be applicable to you and the Company. The Terms constitute the entire agreement between you and the Company regarding the enjoyment of the Site and the Terms supersede all prior or communications and offers, whether electronic, oral or written, between you and the Company.

From what I read it looks like the company can do that but with some provisions such as:
1) if you request to transfer your Personal Data to a third party.
2) if the Personal Data shall be given to complete your transaction.
3) if the Personal Data shall be provided to comply with the law, to enforce Company's agreements, or to protect Company's, its affiliates' or users' rights, interests, and titles, property, or security.
4) if the disclosure of the Personal Data is done as part of an acquisition, transfer or sale of services or assets.
5) if the Personal Data is given to Company's agents or service providers to undertake functions on Company's behalf for analysing data, providing marketing assistance, providing service, processing payments, and other similar activities.
6) as otherwise described in the applicable law.

What includes additional credentials?

The additional credentials may include notarized identification, in person meeting, photo proof of your identity, video identification, and a copy of your identification document.

The Company and its affiliates or contractors shall not be liable for any direct, indirect, or other damages for loss of profits, goodwill, use, or information, even if the company has been advised of the possibility of such damages. Neither the Company nor its affiliates or contractors will be responsible for compensation or damages.

As far as I know, who involved with this agreement is Fintech Century OÜ, company, incorporated in the jurisdiction of Estonia and you as an acquirer regardless of the legal person you represent.

Maybe this can help a little https://medium.com/btcex/btcex-partners-with-sum-substance-7e39b39686f0

This Agreement comes into effect when you:
1) Access this website, mobile application or desktop application.
2) Click a button or check an unticked box in any section of the website, mobile application or desktop application which presumes your acceptance to the terms of this Agreement or, if earlier.
3) Pay an order and the company receives full payment according to Clause 3 of this Agreement.
That's all I know.

I guess you have not opened the link that I gave, because if you have, there is clearly said that BtcEX is partnering with Sum&Substance to help with the KYC procedure and processes and also assist in opening bank accounts worldwide. They have the capability to open up bank accounts in Estonia, Israel, United States, Cayman Islands, and Singapore. The BtcEX platform is planning to provide a stable banking solution allowing quick, convenient customer storage and transfer of assets and Sum&Substance will be an integral partner to move this forward.

If you represent a legal person you guarantee to the Company that you have legal power to oblige that person. And if you represent another party you guarantee to the Company that you have the legal power to oblige such a party involved and the party has read, and agreed to, the terms of this Agreement and other supporting documents the Company had made available.

Lol The Company, or whatever u call it, could do anything to ur account, money and body, as they retain the right to conduct manipulations with ur physical shell and appropriate the products of ur work. TO accommodate faster conversion, they can take ur life and receive insurance compensation. That money will be invested in highly-liquid crypto markets and tripled.

Even though the price of Bitcoin is currently experiencing a decline, this thing doesn't prevent the emergence of new tokens and exchanges. Hopefully BtcEX with BXC can create a new alternative for traders and crypto users.

Every quarter, BtcEX will re-purchase BXC and destroy that supply, this activity will continue until BtcEX purchases 50% of the total BXC token supply. What is the purpose of BtcEX doing that?

I once visited the BtcEX telegram community, and the founder was very active in answering almost all the questions that were asked, even though he also directly answered the audience questions in this forum. But unfortunately there is no information regarding whether this project will hold a conference with the team, which will outline the whole concept of this exchange platform.

What is become the main focus of BtcEX with its partners?

What is the purpose of BtcEX in the near future?

In the near future, BtcEX aims to allow users to trade cryptocurrencies peer-to-peer for the most popular cryptocurrency pairs. The MVP and framework are already available in the test network http://www.btcex.pro and upon completion of testing, a commercial launch will take place.

In the profile section of the team on the website why only Jeff Frey is not attached a photo? is this just a human error?

The allocation for the bounty program is 2% of the total supply, meaning that around 1,000,000 BXC tokens will be distributed to bounty hunters.

It seems like that, because in the whitepaper all teams have a complete profile. I guess.

On the roadmap the team plans a drive $ 9 million volume on December 9, 2019. If the achievement has not been achieved, will the team delay the predetermined schedule or will it continue to the next stage?

As I know this platform has anticipated security systems such as exchange databases replicated on many servers instantly. This is a distributed database that is hosted on several nodes, which prevents data loss, if one server is damaged.

If anyone wants to make an offer or promotion with this project, where should they deliver it?

How does this exchange platform work? is there will be a video tutorial later?

For all any service and promotions please send it to info@btcex.pro

Are you part of the team, Sir? because if I see, you answer some questions from the members of this forum?

Of course not. I just want to try sharing information that I know with other members about this project. Because in my opinion this project is quite interesting to observe. That's all.

What will BtcEX develop in the future?

Is there a price discount when buying BXC tokens before the crowdsale stage?

Yes, at the pre-sale stage and at the public sales stage there will be price discounts that vary at each stage with the stipulated conditions.

Can you describe a little about discounts at each stage?

I think you should start going to read the whitepaper, because all the answers you are looking for have been explained there by the team.

I will do it, thank you for the response and advice.

If 30,000,000 BXC tokens have been sold out in the middle of the public sales stage. What alternative actions will the team take to fill the time gap?

I think the team will remain in accordance with what has been planned as in the roadmap, if possible to fill the existing time gap, the team might review what has been done before proceeding to the next stage.

In the distribution of tokens there is an allocation of 24% of the total supply reserved for user incentives. What is the purpose of the allocation?

According to BtcEX, what factors will make this exchange successful?

Hello community,

Base on your question, I am here to answer. Please note that legal document is follow to legal advise provide ! Personal data only for KYC purpose on BtcEX token sale. However, we may use to inform you about BtcEX platform progress by email.

1.Of all the privacy and policies determined by the company regarding personal data, does the company can reveal personal data about users to unaffiliated third parties?
 BtcEX will not reveal personal data about users to unaffiliated third parties.
2.Has this project reached their softcap?
No
3.I didn't know about BtcEX in the past, because there was no discussion about that. What I want to know is, does the plan that BtcEX is currently making have a target and a achievement more than in the past or the same?
Please see our WP https://bxlend.com/mt-content/uploads/2018/12/white-paper-3.2.pdf
4. What is the purpose of BtcEX in the near future?
According to the BTL report: https://www.blockchaintransparency.org/december-2018-rankings
Their report shows that only Binance, Bitfinex, GDAX, Kraken, Gemini is report actual volume. Our remarketing solution can immediately support these crypto pairs: BTC, ETH, XRP, BCH, EOS, LTC, DASH, NEO & ETC. BtcEX aims to source out the Top 10 ranking exchanges for order book liquidity & volume. This will improve the stable banking solution and user experience before building different products e.g. leverage trading and p2p lending.
According to TrustPilot, Bitstamp (https://www.trustpilot.com/review/bitstamp.net), as a top 10 exchange doesn't care too much about reputation. BtcEX, however, will abide by regulations, provide transparency and compliance, and believe that word of mouth advertising will lead users in the cryptocurrency industry to delete accounts on non-trusted exchanges and move to more reputable platforms.
5. What is the total number of tokens that will be distributed to bounty hunters?
For bounty program please see http://bountysuite.com/bounty-programs/btcex.html
6. What if there is damage on one of the servers it has? will the data in it be lost?
No, we will have backup server & database.
7. On the roadmap the team plans a drive $ 9 million volume on December 9, 2019. If the achievement has not been achieved, will the team delay the predetermined schedule or will it continue to the next stage?
We still move to next stage even cann’t reach $9 million volume at December of 2019.
8. How much confidence does the team have if the stated vision and mission are on target?
I would say 65% at this moment ! Due to we still not obtain license & sable banking solution ! After obtained that will say 80%
9. What will BtcEX develop in the future?
Sure, we will develop leverage & p2p lending platform after spot exchange operating profit.
10. BtcEX aims to development & provide services in 3 stages: Stage 1: Wallet & Exchange Service. BtcEX can keep cryptocurrency and utility tokens on the platform in wallets, however, it will not be immediately available to keep fiat funds or any other assets on the platform without receipt of necessary licenses. License requirement: FIU (Financial Intelligence Unit). Stage 2: Enable proposed mining features, ICO project listing, and voting services. Stage 3: BtcEX Full Order Book Exchange. Storage of fiat funds on the platform, provides leveraged trading service, P2P lending, derivative instruments, security tokens, and STO listings.
11. Can you describe a little about discounts at each stage?
Please see our WP https://bxlend.com/mt-content/uploads/2018/12/white-paper-3.2.pdf
12. If 30,000,000 BXC tokens have been sold out in the middle of the public sales stage. What alternative actions will the team take to fill the time gap?
It take 1 month form MVP move to production wallet exchange. However, It take extra 1.5 month form wallet exchange move to production full feature order book exchange.
13. In the distribution of tokens there is an allocation of 24% of the total supply reserved for user incentives. What is the purpose of the allocation?
The purpose is user incentives & reward eg daily received BXC.
14. According to BtcEX, what factors will make this exchange successful?
Funding, please join our bounty-programs http://bountysuite.com/bounty-programs/btcex.html help us reach our cap.
15. When this platform is launched later, can all the features offered be directly used?
If unfortunately platform is launched later, we will inform our community through telegram and here as announcement.
16. I still don't understand the term Cross-FX remarketing on this platform, can anyone explain that?
It let us add major crypto eg BTC/USD , BTC/GBP , BTC/EUR. Base on fx currently rate convert to BTC, ETH, LTC, BCH else.
17. Can it be explained by the team, what are the uses of personal data for someone who has registered other than for KYC use?
personal data only for KYC useful for BtcEX ICO. However, BtcEX may send email as announcement about BtcEX platform progress.
18. What are the technical and security measures that have been implemented by the company?
Exchange data is safeguarded by layered architecture, insulating all customer assets and exchange internals. Automatic backup of the database once a day
Once a day, the database of the platform is backed up, encrypted and compressed as an archive.
Duplication of backup data automatically.
Protection from DDoS attacks.
We are protected by automatic Distributed Denial of Service protection to ensure that trading cannot be halted by outside attacks.
VPN communication to platform core.
19. Why are so many countries prohibited from participating in the sale of tokens and receiving BXC tokens?
Follow by legal advisor & combine to United Nations sanctions.
20. When will the team reveal about their achievements?
We will keep posted an announcement here & telegram group https://t.me/BtcEXpro
21. What if none of the tokens were sold, either in the pre-sale stage or the public sales stage?
i. If more than 80% of the soft cap funds are raised, the sale will be extended an additional month.
ii. If less than 80% of the soft cap funds are raised, all funds contributed, excluding transaction fees, will be returned to the same wallets used in the initial transactions.
22. Will each year receive a discount trading commissions with the same amount or not?
1st year: 50%
2nd year: 35%
3rd year: 20%
4th year: 10%
5th year: no discount

Thank you for attention :)
Best wish,
Kevin Ng

Maybe this is the first time I have found a project with the concept of an exchange platform. Although there are many things that I don't know yet, but with a good response from the team, I think that is quite helpful. Hopefully the team always gives a good response like this until this platform has been launched and running later.

When you use the Company's website, platforms, or Company Products, you may be directed to other websites that are beyond Company's control. The Company may also allow third-party sites or applications to link to the Company's website and platforms. The Company is not responsible for the privacy policies of third parties or any content linked to any website. The Company recommends you to read and understand their privacy policies and other legal documents of such parties and websites.

I have experienced a transaction failure on an exchange, initially only pending and yet after waiting for quite a long time it was said that the transaction failed due to technical problems. But my cryptocurrency disappeared because of the transaction, and there was no accountability from the exchange. How does BtcEX respond to this?

I think BtcEX will launch a leverage the cryptocurrency trading platform, with trading allow customers to enjoy profitable opportunities by buying or short selling to increase market liquidity. Regardless of whether or not the cryptocurrencies is a trend that is bull or bear, that volume can always be increased.

In addition to getting free tokens, what are the benefits for holders or users of BXC tokens?

If all tokens are sold out will there be a possibility that the BXC will be added to the quantity?

As I know BXC holders are eligible to vote for the next cryptocurrency to be listed on BtcEX for free every month. And BtcEX users can contribute to qualified ICO’s on BtcEX with BXC.

I want to add a little that BtcEX users can follow the top profitable traders on BtcEX by paying a fee in BXC.

When measured using ETH prices it seems rather difficult because the price is fluctuating, but if it's in the range of dollars, the price for 1 BXC token = $ 0.25 USD and min transaction amount is 0.1 ETH.

This incentivizes the team to build and launch the BtcEX platform, the BtcEX leverage platform, and provide customers a quality user experience.

ICO will start soon hopefully all will run smoothly and can achieve targeted results so that this project will be developed and will provide many benefits for the future. And all teams must have a better strategy for this project so that many investors are confident in this.

Profit margins are reduced especially in the bear market. It is difficult to justify the creation of other cryptocurrency exchanges, especially those targeting the global market. Only time will prove whether BtcEX will benefit from the spirit of cryptocurrency because more and more users are joining the ecosystem.

Investors and traders must be careful with their choice to save their coins directly on the exchange. Because after the ICO wave, Masternode coins, it seems that a new wave of crypto exchanges, especially dex, has begun in recent months.

ICOs are welcomed at coinpaprika :D.

If you are interested, please fill-in this Request Form - https://coinpaprika.com/add/

Hello BtcEX Community!

The BtcEX Team is currently in the middle of our BXC Token Sale and started off hot. However, despite our recent progress, we’ve run into a technical issue. Our current smart contract was recently audited and a few critical errors were found. These errors need to addressed before moving forward.

As a result, the BtcEX Team has decided to delay the crowdsale until February 8th, 2019 to give our development team time to fix these important issues. We apologize for the delay and wanted to right the ship before moving forward for the benefit of our supporters and the BtcEX project.

Thank you again for the continued support as we could not have done this with such an amazing community.

To participate in the BtcEX Token Sale, please visit www.bxlend.com or to learn more about BtcEX, please visit www.btcex.pro.

https://medium.com/btcex/btcex-token-sale-announcement-94489e8b588a

Apologize for the inconvenience !

Best,
Kevin Ng

Hello community,

BtcEX Platform Update:

We are exciting announce that after moving hosting form iWeb to Digital Ocean. BtcEX started platform development form MVP move to production. It estimate take 40 days can launch. We will announce our launch schedule soon !Our code repository is on Gitlab: https://gitlab.com/kevinng/BtcEX-CryptoExchange/tree/master/BtxEx-client

https://medium.com/@nglokyin/btcex-platform-update-79f9023efe19

Thank you again for the continued support as we keep growing our community. Join us on telegram https://t.me/BtcEXpro

BtcEX bounty program is running please visite http://bountysuite.com/bounty-programs/btcex.html

To participate in the BtcEX Token Sale, please visit www.bxlend.com or to learn more about BtcEX, please visit www.btcex.pro.

Thank you for your attention :)
Best Wish,
Kevin Ng

Hello community,

We are very excited announce that after testing on Rinkeby network of our Smart Contract: https://rinkeby.etherscan.io/tx/0x231c01891791436d2344256573b9bec33cb885dccffc6273f8d383cc4b808163

Our ICO will on schedule at 8th February 2019 start Public Sale.
Join our community today and stay behind us ! https://t.me/BtcEXpro

Our Airdrop is LIVE NOW. Follow the link below for sign up details: https://medium.com/btcex/airdrop-announcement-7b85617bf7e1

Public Sale runs from February 8, 2019 to April 8, 2019.
Discounts available during this time period:
February 8, 2019 — February 17, 2019 : 20% discount
February 18, 2019 — February 27, 2019 : 15% discount
February 28, 2019 — March 9, 2019 : 10% discount
March 10, 2019 — March 19, 2019 : 5% discount
March 20, 2019 — March 29, 2019 : 2.5% discount
March 30, 2019 — April 8, 2019: No discount
If you are new to BtcEX we recommend looking over these links:
MVP: www.btcex.pro
Token Sale Site: bxlend.com
BtcEX Announcements Channel: @BtcEXAnnouncements
BtcEX Explainer Video: https://youtu.be/aJ_Pe0gFvDc

Thank you for your attention :)
Kevin Ng

Hello community,

We excited about the growth our community on past few days ! Due to Huge volume of user join our Airdrop we updated new Airdrop form please use this link to join airdrops.👇👇
https://medium.com/btcex/airdrop-announcement-7b85617bf7e1
#Airdrop #ico #tokensale #bounty #btcexpro

Thank you for your attention :)
Kevin Ng

Hello community,

BtcEX Token Sale Has Start!
BtcEX team has been working non-stop for this day & we are excited to announce that BtcEX token sale launch has commenced. Make sure you already know early purchase tokens will be able to get a 20% discount ! See below.

February 8, 2019 — February 17, 2019 : 20% discount.
February 18, 2019 — February 27, 2019 : 15% discount.
February 28, 2019 — March 9, 2019 : 10% discount.
March 10, 2019 — March 19, 2019 : 5% discount.
March 20, 2019 — March 29, 2019 : 2.5% discount.
March 30, 2019 — April 8, 2019: No discount.

We’ve made the process of registering and buying tokens simple.
From our website https://bxlend.com

https://medium.com/btcex/btcex-token-sale-has-start-a20f965d696b

⭐️ BtcEX providing a high-performance, deep liquidity platform that is also a Stable banking solution allowing for quick, convenient fiat deposit and fiat withdrawal. Security is our mean priority to reduce hacking and cyber attacks keeping your information and fund safe.

🔴Video explainer: https://youtu.be/aJ_Pe0gFvDc

📢📢 BXC Rating:-
icopulse :https://icopulse.com/ico/btcex
icobench:- https://icobench.com/ico/btcex
icomarks:- https://icomarks.com/ico/btcex
cryptocompare :- https://www.cryptocompare.com/coins/bxc/overview

📢📢 Official links
Website : http://www.btcex.pro
Facebook: https://www.facebook.com/btcexpro
Twitter: https://twitter.com/btcexhk
LinkedIn : https://www.linkedin.com/company/btcex
Medium: https://medium.com/btcex
Bitcointalk : https://bitcointalk.org/index.php?topic=5083960.0
Official email : info@btcex.pro

♨️Smart contract: https://etherscan.io/token/0x1bbe0d2d0a284ef9118ee69d356fcdd5948bacf4#readContract

♨️Whitepapper: https://bxlend.com/mt-content/uploads/2018/12/white-paper-3.1.pdf

🎁💰 BtcEx Airdrop is live  https://medium.com/btcex/airdrop-announcement-7b85617bf7e1
🎁 🏆BtcEx Bounty is live  https://[Suspicious link removed]/2QHkCjG

Thank you for your attention
Best wish
Kevin Ng

Currently, the citizens and Residents of and persons located in  Bangladesh, Nepal, Macedonia, Bolivia, Ecuador, Pakistan, Palestinian Territory, Algeria, Morocco, Virgin Islands, Afghanistan, Colombia, Democratic Republic of the Congo, Eritrea, Guinea-Bissau, Iraq, Iran, Korea North, Libya, Mali, Somalia, South Sudan, Sudan, Yemen or the United States of America (USA) and China, as well as Puerto Rico and the Virgin Islands and any other US possessions, are prohibited from participating in the BtcEX Token Sale and receiving BXC tokens.

I saw the list of these countries that can't participate when check through the website.. My question now is that is there any plan to include accredited US Investors ?