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Author Topic: [ANN][ICO] WCX – Digital currency exchange built by ex Apple engineers  (Read 174317 times)
cryptocointrading
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September 22, 2017, 02:31:50 AM
 #1961


Team from Apple --> secrecy, no product announcements, rumors, leaks, etc. until the final product is revealed and puts all speculation to rest.

Apple leaks left and right these days months before revealing a product
But anyway not disclosing the developers makes total sense, having absolutely nobody as public face is another if you want to receive money
I want this project to succeed but the more you dig into it the fees are not that much lower and the team are ghosts no wonder people worry
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September 22, 2017, 03:02:17 AM
 #1962


Team from Apple --> secrecy, no product announcements, rumors, leaks, etc. until the final product is revealed and puts all speculation to rest.

Apple leaks left and right these days months before revealing a product
But anyway not disclosing the developers makes total sense, having absolutely nobody as public face is another if you want to receive money
I want this project to succeed but the more you dig into it the fees are not that much lower and the team are ghosts no wonder people worry

To be honest it doesn't have to be that much different than a regular exchange. If they can just make a GOOD pure crypto exchange that's open internationally, then it's gold... none out there.

WCX fees are much lower than what already exists. Comparing WCX 0.1% net fee (both sides of the trades) to Poloniex 0.4% and Bittrex 0.5%, that's 4x and 5x lower respectively. And they're likely to attract good liquidity because makers are paid to place trades on the book. Which in turn attracts retail traders.

And the downside is pretty limited. No exchange I know has failed unless caused by external factor such as a hack. Which comes back to their point of "security is their top priority" which makes sense to focus on that since it's a big factor.

Basically the project is a slam dunk if they can pull it off.
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September 22, 2017, 03:12:05 AM
 #1963

How do you calculate those fees? poloniex for instance has 0.15%/0.25% maker/taker fees. Not to mention they go down the more you trade
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September 22, 2017, 03:14:11 AM
 #1964

How do you calculate those fees? poloniex for instance has 0.15%/0.25% maker/taker fees. Not to mention they go down the more you trade

Poloniex: 0.15% + 0.25% = 0.4%
Bittrex: 0.25% + 0.25% = 0.5%
WCX: -0.05% + 0.15% = 0.1%

For WCX the maker fee is a payment to the maker, not a charge.
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September 22, 2017, 03:38:41 AM
 #1965

How do you calculate those fees? poloniex for instance has 0.15%/0.25% maker/taker fees. Not to mention they go down the more you trade

Poloniex: 0.15% + 0.25% = 0.4%
Bittrex: 0.25% + 0.25% = 0.5%
WCX: -0.05% + 0.15% = 0.1%

For WCX the maker fee is a payment to the maker, not a charge.

that is not how maker taker fees work both parties may be makers or takers in a trade. It is about making or removing liquidity. But ok 0.15% vs 0.25% taker fees, and no maker fees are decent not earth shattering
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September 22, 2017, 04:59:35 AM
 #1966

How do you calculate those fees? poloniex for instance has 0.15%/0.25% maker/taker fees. Not to mention they go down the more you trade

Poloniex: 0.15% + 0.25% = 0.4%
Bittrex: 0.25% + 0.25% = 0.5%
WCX: -0.05% + 0.15% = 0.1%

For WCX the maker fee is a payment to the maker, not a charge.

that is not how maker taker fees work both parties may be makers or takers in a trade. It is about making or removing liquidity. But ok 0.15% vs 0.25% taker fees, and no maker fees are decent not earth shattering

That is how they work. Seems like you're unfamiliar with trading fees. Here's a primer: https://money.stackexchange.com/questions/63044/maker-taker-fees-can-somebody-explain-in-plain-english

On WCX the maker is PAID the maker fee, while on other exchange the maker is CHARGED the fee.



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September 22, 2017, 06:17:18 AM
 #1967

Long time ago no news from wcxofficial.. Sir What about the project, what stage it is now?
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September 22, 2017, 07:36:36 AM
 #1968

Long time ago no news from wcxofficial.. Sir What about the project, what stage it is now?

waiting for ICO finishing
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September 22, 2017, 08:25:53 AM
 #1969

wanna see the platform and have some satisfying info about devs. then i may decide to invest some but somehow i have a good feeling about this project. lets see.

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September 22, 2017, 08:27:27 AM
 #1970

Probably the most controversial topic out there.
Hmm, lets see how it goes anyways

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September 22, 2017, 11:05:43 AM
 #1971

I transalated WCX page in to Sinhala and sent. It's still not appearing in languages list. I am new to this. Is there any thing i have to do more to get it displayed.
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September 22, 2017, 11:11:50 AM
 #1972

Long time ago no news from wcxofficial.. Sir What about the project, what stage it is now?
I hope we'll have an update soon. They said that they are focusing on the project right now and I think that it's a good idea. Let's wait for some good news.
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September 22, 2017, 01:34:10 PM
 #1973

At the opening , will be immediately available operations with tokens wcx?
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September 22, 2017, 03:16:57 PM
 #1974

wcxofficial posted an update page 98, 2 days ago
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September 22, 2017, 03:44:51 PM
 #1975

For those who missed it, here was their latest update on September 19, 2017, 01:50:49 AM. I'm excited for this project. I hope this will be the real deal.

Hi all - thanks again for your patience. We've had a spike in new account creation and support requests over the past week or so and have been dealing with those. As we scale our team we'll be more prepared to deal with those as well as remain active here.

Here are some updates:

Presales minimum is now $100, down from $25,000, making WCXT available for purchase to more people. We've been making available for sale a fixed and limited amount of WCXT on a daily basis. This prevents all WCXT from being sold out in a day. If you get a "Tokens Sold Out" message, more WCXT may become available at 00:00 UTC the following day so you can try then.

We also added more bonus options for presale purchases, including for purchases under $10K. Bonuses are proportional to the amount of tokens bought, in percent terms.

We will not be using escrow services for the presale. Instead we're going one step further and offering full refunds on any WCXT purchase you make from now till the ICO ends. Refunds are available for any WCXT you've purchased in the past, too. For refunds, email hello@wcex.co.

This refund policy achieves two things:

- WCXT supply is tight and demand is high. Refunds allow us to get WCXT into the hands of people who are committed to the project, while weeding out less committed purchasers. This results in increased engagement from WCX's participant base, which is vital to the future success of the exchange.

- Zero risk for early participants. You get a chance to see how things play out while ensuring you get your hands on WCXT before they sell out, if you want to. WCXT purchases are hence akin to (free) options that can be annulled at any time before the end of the ICO, or exercised post-ICO.


→ WCX sign ups have exceeded 500,000 users. We were skeptical of this figure too, so we dug through our email list to check the viability of all these accounts. Worth noting that this number is the number of verified users, meaning users who signed up, resolved the CAPTCHA, and clicked the verification link we sent to their inbox. New sign ups are also limited to 1 per IP, so if an IP is already in our database, it's blocked from creating a new account.

Our audit revealed that there are indeed a number of likely spam registrations -- estimated at around ~18% of the total base, which comes down to ~92K likely spam registrations currently. An email was tagged as spam if it used a likely spam domain name extension (.tk, .biz, etc.), was likely duplicate of another email in our base, was registered through a known spam site as its referrer (such as pay-to-click or micro-task sites), or triggered a fraud or security warning with our application security partners at sqreen.io.

CloudFlare stats for the wcex.co domain:

Unique visitors past 30 days: 1,180,219
~70% of traffic coming from non-English-speaking countries.




WCX Beta trading volume is rocketing. We've paused new invitations to the Beta for now and will re-enable them in about 7 days. We're heads down working on substantial front-end updates as well as new, modern, and highly performant backend infrastructure that will allow WCX to scale to millions of users and thousands of cryptocurrency markets -- while still delivering a seamless experience to all customers.


→ This was announced previously, and worth repeating here: the ICO start date was pushed back to October 31, 2017. This new date gives everyone a chance to use the exchange (planned to launch on Oct 10) and then decide whether or not to participate in the ICO.


→ If you've contacted us and have not yet received an answer, please do not send the same message again. We promise, we've got you covered -- we're working through our support queue and will get to you ASAP. Smiley

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September 23, 2017, 03:04:56 PM
 #1976

are beta testers abble to trade on the platform yet ?
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September 23, 2017, 03:10:05 PM
 #1977

For those who missed it, here was their latest update on September 19, 2017, 01:50:49 AM. I'm excited for this project. I hope this will be the real deal.

Hi all - thanks again for your patience. We've had a spike in new account creation and support requests over the past week or so and have been dealing with those. As we scale our team we'll be more prepared to deal with those as well as remain active here.

Here are some updates:

Presales minimum is now $100, down from $25,000, making WCXT available for purchase to more people. We've been making available for sale a fixed and limited amount of WCXT on a daily basis. This prevents all WCXT from being sold out in a day. If you get a "Tokens Sold Out" message, more WCXT may become available at 00:00 UTC the following day so you can try then.

We also added more bonus options for presale purchases, including for purchases under $10K. Bonuses are proportional to the amount of tokens bought, in percent terms.

We will not be using escrow services for the presale. Instead we're going one step further and offering full refunds on any WCXT purchase you make from now till the ICO ends. Refunds are available for any WCXT you've purchased in the past, too. For refunds, email hello@wcex.co.

This refund policy achieves two things:

- WCXT supply is tight and demand is high. Refunds allow us to get WCXT into the hands of people who are committed to the project, while weeding out less committed purchasers. This results in increased engagement from WCX's participant base, which is vital to the future success of the exchange.

- Zero risk for early participants. You get a chance to see how things play out while ensuring you get your hands on WCXT before they sell out, if you want to. WCXT purchases are hence akin to (free) options that can be annulled at any time before the end of the ICO, or exercised post-ICO.


→ WCX sign ups have exceeded 500,000 users. We were skeptical of this figure too, so we dug through our email list to check the viability of all these accounts. Worth noting that this number is the number of verified users, meaning users who signed up, resolved the CAPTCHA, and clicked the verification link we sent to their inbox. New sign ups are also limited to 1 per IP, so if an IP is already in our database, it's blocked from creating a new account.

Our audit revealed that there are indeed a number of likely spam registrations -- estimated at around ~18% of the total base, which comes down to ~92K likely spam registrations currently. An email was tagged as spam if it used a likely spam domain name extension (.tk, .biz, etc.), was likely duplicate of another email in our base, was registered through a known spam site as its referrer (such as pay-to-click or micro-task sites), or triggered a fraud or security warning with our application security partners at sqreen.io.

CloudFlare stats for the wcex.co domain:

Unique visitors past 30 days: 1,180,219
~70% of traffic coming from non-English-speaking countries.




WCX Beta trading volume is rocketing. We've paused new invitations to the Beta for now and will re-enable them in about 7 days. We're heads down working on substantial front-end updates as well as new, modern, and highly performant backend infrastructure that will allow WCX to scale to millions of users and thousands of cryptocurrency markets -- while still delivering a seamless experience to all customers.


→ This was announced previously, and worth repeating here: the ICO start date was pushed back to October 31, 2017. This new date gives everyone a chance to use the exchange (planned to launch on Oct 10) and then decide whether or not to participate in the ICO.


→ If you've contacted us and have not yet received an answer, please do not send the same message again. We promise, we've got you covered -- we're working through our support queue and will get to you ASAP. Smiley


Good news , waiting for the exchange
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September 23, 2017, 11:21:33 PM
 #1978

Long time ago no news from wcxofficial.. Sir What about the project, what stage it is now?

waiting for ICO finishing

What are you talking about? The ICO start date was pushed back to October 31
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September 24, 2017, 05:43:53 AM
 #1979

For those who missed it, here was their latest update on September 19, 2017, 01:50:49 AM. I'm excited for this project. I hope this will be the real deal.

Hi all - thanks again for your patience. We've had a spike in new account creation and support requests over the past week or so and have been dealing with those. As we scale our team we'll be more prepared to deal with those as well as remain active here.

Here are some updates:

Presales minimum is now $100, down from $25,000, making WCXT available for purchase to more people. We've been making available for sale a fixed and limited amount of WCXT on a daily basis. This prevents all WCXT from being sold out in a day. If you get a "Tokens Sold Out" message, more WCXT may become available at 00:00 UTC the following day so you can try then.

We also added more bonus options for presale purchases, including for purchases under $10K. Bonuses are proportional to the amount of tokens bought, in percent terms.

We will not be using escrow services for the presale. Instead we're going one step further and offering full refunds on any WCXT purchase you make from now till the ICO ends. Refunds are available for any WCXT you've purchased in the past, too. For refunds, email hello@wcex.co.

This refund policy achieves two things:

- WCXT supply is tight and demand is high. Refunds allow us to get WCXT into the hands of people who are committed to the project, while weeding out less committed purchasers. This results in increased engagement from WCX's participant base, which is vital to the future success of the exchange.

- Zero risk for early participants. You get a chance to see how things play out while ensuring you get your hands on WCXT before they sell out, if you want to. WCXT purchases are hence akin to (free) options that can be annulled at any time before the end of the ICO, or exercised post-ICO.


→ WCX sign ups have exceeded 500,000 users. We were skeptical of this figure too, so we dug through our email list to check the viability of all these accounts. Worth noting that this number is the number of verified users, meaning users who signed up, resolved the CAPTCHA, and clicked the verification link we sent to their inbox. New sign ups are also limited to 1 per IP, so if an IP is already in our database, it's blocked from creating a new account.

Our audit revealed that there are indeed a number of likely spam registrations -- estimated at around ~18% of the total base, which comes down to ~92K likely spam registrations currently. An email was tagged as spam if it used a likely spam domain name extension (.tk, .biz, etc.), was likely duplicate of another email in our base, was registered through a known spam site as its referrer (such as pay-to-click or micro-task sites), or triggered a fraud or security warning with our application security partners at sqreen.io.

CloudFlare stats for the wcex.co domain:

Unique visitors past 30 days: 1,180,219
~70% of traffic coming from non-English-speaking countries.




WCX Beta trading volume is rocketing. We've paused new invitations to the Beta for now and will re-enable them in about 7 days. We're heads down working on substantial front-end updates as well as new, modern, and highly performant backend infrastructure that will allow WCX to scale to millions of users and thousands of cryptocurrency markets -- while still delivering a seamless experience to all customers.


→ This was announced previously, and worth repeating here: the ICO start date was pushed back to October 31, 2017. This new date gives everyone a chance to use the exchange (planned to launch on Oct 10) and then decide whether or not to participate in the ICO.


→ If you've contacted us and have not yet received an answer, please do not send the same message again. We promise, we've got you covered -- we're working through our support queue and will get to you ASAP. Smiley


Good news , waiting for the exchange

Love the new date of ico base on the fact that you get to use new exchange, have the feel and then decide how your investment on this project will be,  very well thought.
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September 24, 2017, 06:48:56 AM
 #1980

Will WCEX exchange allow shorting altcoins?

Specify date when referrals will come back. Enable them asap
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