Bitcoin Forum

What is BCNEX? Does it have a potential to overcome other exchanges?

Bcnex is a full-service ecosystem for the purchase, exchange and trading of blockchain -based tokens and a wide range of digital assets. It is a customer-centric, highly secure and stable trading platform built on microservices architecture that meets the most stringent customer requirements.

It is supplemented by an optimal asset storage model achieved by combining hot wallets, cold wallets, and secure hardware with similar operational structures applied by banks, ISP providers, and the governments of developed countries. This guarantees absolute security of customer assets even if the system is compromised, while still ensuring the platform liquidity.

Compared to existing solutions, Bcnex is a fast, accurate and low latency trading platform with flexible scalability that can handle up to 2,000,000 orders per second. It operates with its own native cryptocurrency - the BCNX token. First built on the Ethereum blockchain and then migrated to CrytoNote, it will be used to trade, buy and sell other cryptocurrencies, cover transaction fees and receive incentives of up to 75%.

Bcnex is a user-centric exchange developed as a result of the collaboration between experienced developers and trading experts with a proven track record in automating distribution, designing high performance web applications and facilitating access to the financial market. Backed by a team that has been deeply immersed in the

cryptocurrency community for years, Bcnex is ideally positioned to become a globally accessible exchange for the blockchain era that is meant to reward you, the user.

Also share your views and opinions. What do you think about BCNEX.

I have heard something about this exchange but not much. The only thing I can tell you is that they had one of the most successful bounties on Bitcointalk with a bunch of participants. However, I hardly doubt that they would manage to overcome Binance or any top tier exchange.

short answer, no. Exchanges have a huge barrier to entry, especially to gain trust, volume and etc. BCNEX had an excellent pre-sale bounty and some momentum, much of that has died out.

Just examining their Twitter account expresses to me very poor attempts at capturing their target audience or gaining market share: https://twitter.com/bcnex_net. They're capturing the market by attempting to proper smaller, unknown and shit/scam coins to begin building a base. While this strategy is fundamentally solid, they are falling short in virtually every other category.

Success of bounty, hype and buzz, does not equate a successful or a team who fully understand the environments, their target audience or how ultimately they are going to achieve their moon goals.


Is it anything that will be in competition with current leading exchanges, nothing indicates this at the current time or even indicators for the future. This will eventually settle into a niche market, gaining some market share if any. Concurrently, my last point will be if BCNEX or any startups are seen as a threat to leading exchanges, then they will ultimately get crushed when bigger funded/income generated exchanges rip the core fabric of what makes those exchanges special, and integrates those features for their mass audience.

I participated in their bounty campaign, so I used the platform since the beginning. They attracted many people by a huge airdrop and good marketing, now Bcnex is probably the biggest exchange in Vietnam. They still have many interesting camapaigns so I believe that more and more traders will come here and spend there their money, so it is a right time to buy Bcnex token?

i think it will be hard for bcnex to overcome other exchange because if you take a look of the total volume it still to low compared to the other exchange
and btw i try to look the exchange on cmc but it seems they still not listed there

Yes, BCNEX will be a top crypto exchange within two years. I feel another binance in this exchange. I did its bounty campaign, so, I know it even before their ICO sale. Within a very short time, BCNEX becomes one of the best crypto exchanges in Vietnam! Its looking, trading UI, listed coins all are very perfect and catchy, security also great. Without 2fa, you can't do normal things! Personally, I am loving this exchange and its team for their very active support!

I have heard about this exchange but, I can not see any potential to climb to the top. So, there is no new taste that can contribute  to the meaning of exchange, everything is the same as others. If so how can it go forward? There are dozens of exchanges available on the market like it. IMO the time for normal things is over. Those who are innovative will be more successful from now on.

BCNEX platform has lots of events so it attracts many traders to trade there and this is a good strategy to make the community grow even though many people think that if the platform comes from Vietnam it's fake but bcnex will dismiss it all because in my opinion bcnex is a project that is indeed will be known to everyone and has the potential to compete with large platforms now like binance

I think it's too early too judge them that they cant be compared to a lot of big exchange. I can see effort on their end as they have launching so many activity and event for their marketing purposes. Yes, they are new and probably not yet gaining trust for some community. But that is how an exchange start, you need to gain all interest in you if you wanted some notice from lots of people and I think Bcnex had a pretty good job on that. So regret didn't join their campaign, cause I see potential on this exchange like becoming binance.

Are you part of the marketing persons in BCNEX? I saw that you are making this thread to spread the news of BCNEX.
Frankly speaking, BCNEX is a new exchange platform with a good strategy team as they didn't let their token value to go down easily. Like for example their airdrop and bounty rewards, they didn't give it in whole as they know that it will make the value of their token goes down.

But the bounty participants are also in disadvantage of this strategy. And with regards to your platform, I didn't see any problem and it is user friendly. I will be looking forward to your future marketing and whether this exchange can compete to other well known exchange out there. 

I think BCNEX is a new exchange place which in my opinion has the same platform as the Binance exchange place and this place of exchange is still new but it can have good potential because I see the appearance of BCNEX which is very easy to use will make many people easily trade at that exchange, only it is only possible for the initial step that BCNEX must increase trading volume to be able to trigger traders to trade on the BCNEX platform.

I am one of the participants of their airdrop, and many people get results from the airdrop and prizes they hold, and I see BCNEX still not listed on CMC even though they have been around for a long time and I like the look of BCNEX simpler.

my first impression for bcnex is smooth, easy to use, and clean

but i think the UI looks like copycat from Binance, doesnt it?

Bcnex still has low feature if compared with big exchange, there is no margin, future, but ya i know it is new exchange and possible to grow

https://i.imgur.com/uFNUWNo.png

BCNEX looks like a young exchange that is full of potentials but only in terms of hype within this forum. Their bounty campaigns were popular here. I have seen a lot of members wearing their signature before. But then after the campaigns are over and the project is now left on its own and the development team, the noise is also gone. They need to extend their marketing promotion to the wider market because they have a lot of stronger competitors. For now, their potentials are not enough to compete with the big names such as Okex, Huobi, and Binance.

Lets be honest that there is a serious competion of exchanges nowadays, so far BCNEX is a good exchange only have to attract more overseas traders by offering unique promos or services to build nice volume. Their BCNEX staking is one of their good feature that will encourage investors to hold certain amount of BCNEX earn interest on their holdings. It will take time before new exchanges build good reputation in the crypto community the team is still the key to its success.

This exchange has just appeared this year and there are many restrictions when trading here. Currently BCNEX is getting a lot of attention from people because the interface of this exchange is really very friendly and any coin listed here has a very high of liquidity so I believe that the exchange This is well worth the wait in the near future. I personally am buying some Bcnx for long-term holdings as the coin may soon reach $1.

Although I have just started working, I see exchange is attracting the attention of users. As far as I know, this project is being appreciated by a lot of people, I myself am the holder of BCNX hoping for $ 1 soon.

Cryptocurrency exchanges are very numerous now, but there are only a few successful exchanges. The focus is on how to publicize and allow more investors to use this exchange is the key to success.

I missed the chance of promoting bcnex as a bounty hunter, I did read about the exchange but I feel it's not worth it, regretting right now though because bcnex exchange is a very good one

BCNEX opportunity to become one of the best Exchange in the world is huge, just look at the advantages they offer (as you explain).  I cannot predict 100% of the future of BCNEX, time will answer.

I heard a lot of good reviews about the exchange, of course there is a potential to overcome other exchanges if they continue to develop the exchange and stay in the competition. An exchange always have a slow journey but when they already get the trust of the people, that's where they start to grow.

there is no permanent in the market, even Poloniex which was the most popular before IMO is already overthrown by Binance a long time ago.

BCNEX is just a new exchange and has its own coins. I also have an account at BCNEX, but frankly I have not tried this exchange for trading. But if I'm not wrong for BCNEX coin holders will get a daily bonus, even if you have a lot of BCNEX coins, then you will get a bonus every hour and you can claim it. But I don't know how long this kind of strategy will take place to popularize their exchange.

There is no daily bonus by holding BCNEX coins, only the reedem process from the previous campaign that can be unlocked automatically by 2% every day. the percentage can be higher if the user enlarges their bcnex assets. their trading volume is quite good and bot activity is not very strong, almost similar to binance but on a smaller scale. Their system seems to be still manual for each withdrawal process.