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Yeah, there are truly a lot, because everybody are hyping around it and people who are more professionals in crypto see how profitable is it to create a trading platform. I mean it's good that there are existing, but maybe it should more under control, so it would be more easy for us to differentiate which are one are worth to use and which is scam. Maybe some advice?
I see it kinda different - there are exchange platforms and there are trading platforms, some are comprehended, soma are just for one crypto type, but I haven't found any that has all features in one. I personally would like to attract funds to trade, because I do not have enough funds on my own, also because there is no such possibility on those platforms where I trade. We need a trading platform with many options. I know some like cryptocompare or localetherium where I trade now. |
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What about security of the system? What kind of protection you will have against hackers attacks?
The Core will be primed with advanced “know-your-customer” (KYC) and anti-money-laundering (AML) services. We’ve been putting a lot of effort into safeguarding the system against potential external threats and avoiding legal grey areas. Furthermore, we’re planning to equip the back-office with a compliance system, that will ensure that SociumTrade adheres to international standards which apply to the wide array of asset classes that will be traded on the exchange. It will also enable SociumTrade to dynamically adjust to the fluid legal landscape and avoid costly interruptions to the platform’s operations. The wallet service – the main part of Socium Hybrid Exchange – enables secure and decentralized storage for crypto assets in native or emulated smart contracts, meaning that SociumHEX has no influence on the client’s funds. So funds-locking, hacker attacks and potential scams become a thing of the PAST. What about our data storage? |
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What about security of the system? What kind of protection you will have against hackers attacks?
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It seems that new projects appear every single day. Do you have your own list of characteristics you find important for a trading platform?
Im not really sure it is a good time to start new project and ICO, but yeah, I agree there are plenty new projects, and it is hard to identify whether the project will be a success, its like gambling. Trading platform - hmm, the most important is to find a reputable and trusted trader, if you are new in crypto or just wish someone with more experience to operate with your investments. There are plenty of trading platforms that you can do it on your own. Characteristics? hm... just take a top 5 of trading platforms like binance. If you want to find a trading platform where you can find a trader, depends on your amount of investment. |
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Just in two words:
1) A soul-mate!
2) Betrayal
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I was about to ask the same, is there gonna be any restrictions for traders or investors? Im sure there will be a KYC procedure. Is KYC will be a must for Investors?
I like the idea of Pools - would like to know more on how to join investment pool, as well as will it be possible to organize own?
The Core will be primed with advanced “know-your-customer” (KYC) and anti-money-laundering (AML) services. A lot of effort is being been put into safeguarding the system against potential external threats and avoiding legal grey areas. User data will be stored securely and in accordance with international standards such as the EU’s General Data Protection Regulation. Investment pool can be open or closed, with open pools accepting unsolicited applications, and membership in closed pools available only by invitation. When an investor receives an invitation to join an investment pool, he receives the terms and bylaws of that investment pool, as well. Those terms govern investment rules, profit sharing, and fee structures associated with the investment pool. Unlike trading consortiums, in investment pools the founder can charge a management fee for the services he or she provides. An investor must accept the terms of the investment pool in order to join it. Yes, you will be able to organize your own pools, say a "family pool", for instance. So, basicly there will be no restrictions? And KYC is a must? |
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I was about to ask the same, is there gonna be any restrictions for traders or investors? Im sure there will be a KYC procedure. Is KYC will be a must for Investors?
I like the idea of Pools - would like to know more on how to join investment pool, as well as will it be possible to organize own?
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The currencies is not what should be taught  ..It's what blockchains can do to make other things tick over.. I asked a computer science teacher about blockchain do you know what she said? she said i have heard of it  The currencies is the last thing they need to know they need to know why would you use blockchains or central servers sending out commands but both can collect information then send out commands TO DO WHAT THOUGH  i keep my one a secret BUT some might have their own ideas .. But up to know i haven't seen many good useful ideas why and what for you will use blockchains .. No you all need to pay me just like the ICO dudes getting free cash.. You would teach children to gamble? well that's currencies ..NOT blockchain to build then makes the monies for an actual product is what we must teach our children.. Not buy some crypto then bail when you thinks it's high enough .. Yes we can makes good monies BUT someone is left with the rubbish at the end of the day and it could be little dave you been teaching about currencies and not teaching little dave how to code and build stuffs.. Why are you so mad about it? I read your posts above. |
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Do not mix up - marriage in Western and Eastern worlds. It is different. Westerns sees “marriage” as the final destination in the long journey that is a relationship. As for Easterns - its a beginning, since most couples do not know or know just a few days each other. And you do not know what is good and which is bad, both have minuses and pluses. In one - it is normal to live such life ( women must take care of the household, men - the earner), in another - equality. It depends how the couple see it, for one its normal and wife is happy.
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Exodus is a good wallet if you wanna hodl multiple coins in the one wallet. Exudos has a good security too but not better than hardware wallets. First of all, you have to learn something about before you invest.
recently there are so many choices of multi-wallets, but Exodus is not bad choice, the only thing there might be a problem of compatibility with some Tokens |
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It depends. Exodus is definitely a decent wallet. Though if you were to hold significant amounts of crypto investments, definitely take a look at investing in a hardware wallet; preferrably, a Ledger Nano S[1] or a Trezor[2]. Both the best(currently, at least) in the industry. If you're just going to invest around >$500 though, Exodus would probably do fine. Just make sure you backup your recovery seed correctly: NOT in a text/word file. Keep it simple, pen and paper. Best of luck.
[1] https://ledger.com/[2] https://trezor.io/It is considered that ledger nano and trezor the most secure wallets, best choice a cold wallet in my opinion. I agree with you a 100% |
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Hmm...schools no, Universities - yes and yes! Its good to let the our young ppl know about the existence of blockchain but also a risk of it as well. I see the short courses organized by many Universities. But the first one I came across was a Coursera. I think it was very first courses on Crypto and Blockchain.
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Whats the point of mintable token then if most ICOs are choosing burnable?
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Choose a crypto friendly countries to register a Tech Company, and you can easily open an account there.
If you need a bank account in EU - there are many alternatives like Revolut, Mistertango and so on.
Most of the EU countries are not crypto friendly. Though many of them are open for Tech Startups and creating a free economic zones, but when it comes to bank or legal side, its doomed! |
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