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Author Topic: First crypto exchange launched in India, current marketcap is 32k  (Read 64 times)
JohnCena24 (OP)
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December 04, 2023, 02:33:12 PM
 #1

project is called $SBDEX and it's on xeggex

https://xeggex.com/market/SBDEX_USDT

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December 04, 2023, 02:36:46 PM
 #2

project is called $SBDEX and it's on xeggex

https://xeggex.com/market/SBDEX_USDT

Most of DEX can be use internationally because they are all decentralized which means country can’t regulate it. Indian users can use any of the DEX global regardless of its origin so I’m not sure what’s the difference or advantages of DEX with known origin to the population one like uniswap and pancakeswap.

The marketcap is really low but is there any unique feature for this DEX that will make it popular in the future since there’s a lot of DEX out there with that same marketcap level.

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December 04, 2023, 02:39:20 PM
 #3

project is called $SBDEX and it's on xeggex

https://xeggex.com/market/SBDEX_USDT

Most of DEX can be use internationally because they are all decentralized which means country can’t regulate it. Indian users can use any of the DEX global regardless of its origin so I’m not sure what’s the difference or advantages of DEX with known origin to the population one like uniswap and pancakeswap.

The marketcap is really low but is there any unique feature for this DEX that will make it popular in the future since there’s a lot of DEX out there with that same marketcap level.

It's a cex, not a dex. Changed the title.
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December 04, 2023, 04:10:53 PM
 #4

New all time high

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December 04, 2023, 04:26:52 PM
 #5

project is called $SBDEX and it's on xeggex

https://xeggex.com/market/SBDEX_USDT



How's it the first when there are multiple of crypto exchanges in India in the past and many currently operational?
Wazir X advertises as the largest Indian crypto exchange and is partnered with many projects and Industries. They are all over the news. Their 24 hour volume is over millions of dollars.
Unocoin, Zebpay, Pocket Bits, Coinsecure, Koinex, there are multiple of India registered exchanges are in operation.




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JohnCena24 (OP)
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December 04, 2023, 04:55:11 PM
 #6

Those aren't regulated though. SBDEX is.
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December 04, 2023, 05:40:06 PM
 #7

Those aren't regulated though. SBDEX is.
They aren't regulated? Are you sure that Zebpay isn't regulated in India? Because with what I know, they're regulated and following the laws of the government. Well, I can't figure it out since I'm not from that country. And if it's about the title, tsaros is right that you're not the first crypto exchange there that was launched. There were plenty of it so that title of yours as the first is invalid whether you are regulated or not.



 

 

 

 

 

 


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December 06, 2023, 03:52:37 PM
 #8

I also tried looking at the charts just now and the price is still pretty good but the transaction movement still looks slow and the pump that many want doesn't happen much, although at first glance it's not necessary but it's enough to increase people's enthusiasm to continue their trade and not withdraw from the market..Grin Grin.

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