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Author Topic: [ANN][ICO] WCX – Digital currency exchange built by ex Apple engineers  (Read 174311 times)
wcxofficial
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July 29, 2017, 09:34:32 PM
Last edit: July 30, 2017, 02:12:57 AM by wcxofficial
 #681

1. "No tokens will be generated beyond the ones sold at the ICO. Any unsold tokens will be burned. The tokens that remain will pay out 20% of the exchange fee revenue regardless of how many there are, so we won't cut back on that either."

Does that mean that the ICO is the ONLY time 'new' tokens will be generated?   So if, say, 100,000 tokens are sold at the ICO, everything else is destroyed, and the 100,000 is then THE TOTAL amount of existing tokens?

2.  Anonymous sign up (crypto, non-fiat) is awesome.  If you can keep it that way (due to gov't).   Are you sure you can operate with anonymous customer base?

3.  How is WCX responding to the US SEC's ruling that ICO's fall under (blah blah blah)?

4.  If your big selling point is great customer service, how many customer support reps do you have now, will you have later, and how are you training new hires?

5.  Where can I get more info on the governing body, meaning, board of directors and devs.

6.  Can we get an idea of the marketing strategy to take WCX to 1billion in volume?   Poloniex is currently #1 with 150million daily volume (as far as I can tell).  Sure the market is growing, but WCX is going to need to knock a few of the least competitive exchanges off the board (meaning that WCX needs to be the most competitive).

7.  Is this the same coin?  http://wcxcoin.com/   If not, how do you have the same name and what's the plan to avoid confusion?

8.  How many tokens/coins is WCX capped at?




1. Correct.

2. Crypto will be anonymous. Fiat integration which is happening in 2018 will require KYC from customers if they want to deposit or withdraw fiat from/to a bank.

The regulatory landscape for digital currencies is still evolving. WCX will comply with all regulations that have been set out clearly. And we'll proactively reach out to jurisdictions where regulation is not clear, for guidance.

In short, WCX is an honest, ethical trading platform. If you try to use us for money laundering, tax evasion, or any other potentially criminal activity, you're gonna have a bad time.

3. We're studying this since it's a recent development. WCX is global and has attracted demand from 177 countries based on the sign ups we've received so far at wcex.co.

4. Our value proposition is: Tiny Fees + Incredible Service. We have great customer support reps and we're actually hiring more - we have around 30 positions open across many different languages. If you're interested, skilled, and have customer support experience, please drop us a line hello@wcex.co.

5. This information will be released over time. Since this is a private key based business, it may be wise to keep some identities anonymous in the interest of security of customer funds and member personal safety.

6. The market is currently around $3B per day in trading volume. Forex for example is $5T per day. That's a 1000x opportunity for growth. We think we're just getting started.

7. WCX Tokens symbol will be WCT when it hits exchanges, so no confusion there.

8. There is a hard cap on WCX tokens. Details are TBD.

WCX - 0-fee crypto margin trading https://wcex.com
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July 29, 2017, 09:39:46 PM
 #682

When will you be adding 2 factor Authentication?
wcxofficial
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July 29, 2017, 09:42:25 PM
 #683

When will you be adding 2 factor Authentication?

WCX will launch with 2FA capabilities.

WCX - 0-fee crypto margin trading https://wcex.com
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July 29, 2017, 10:18:39 PM
 #684

i Translate in ukrainian  see you ?? 100 % load  You give me token ?? I can transfer you to several countries if you wish!
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July 29, 2017, 11:02:19 PM
 #685

Will you publish WCX through multiple ICO advertisement/promotion  sites, will this be recognized. publicly? It need to be brought to the (light)  in advance before the presale ICO.  It seems more as a private underground movement. Thanks
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July 29, 2017, 11:05:54 PM
 #686

Will you publish WCX through multiple ICO advertisement/promotion  sites, will this be recognized. publicly? It need to be brought to the (light)  in advance before the presale ICO.  It seems more as a private underground movement. Thanks

they have now more than 100000 emails they can contact directly. stupid people use ads, sure they should maybe will do it, but look at power of the email and signups.

in 2 weeks maybe they can have 250000 emails. if each person give $400 (i think average contribution in ICO is like $450) then ICO raise is $100M. It is huge. But there is still time. We are early, the public will catch on.
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July 29, 2017, 11:33:30 PM
 #687

Will they announce how mcuh they have raised when the ICO sale is over?
This is something I will think anybody who wants to use this exchange would like to know at the end of it.

I know I would before I even contemplate in even trusting in using this exchange. Roll Eyes
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July 29, 2017, 11:41:55 PM
 #688

Will they announce how mcuh they have raised when the ICO sale is over?
This is something I will think anybody who wants to use this exchange would like to know at the end of it.

I know I would before I even contemplate in even trusting in using this exchange. Roll Eyes

There is no reason not to. All big ICOs announce
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July 30, 2017, 12:36:28 AM
 #689

Following.

Interest concept and team, we need more exchanges. Any help needed I'd be available.

Regards
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July 30, 2017, 01:24:56 AM
 #690

Neat project

Crucial details required:

Max cap of WCX
Amount of tokens sold in ICO
Amount of tokens rewarded for free
Amount of tokens rewarded as bounties
Amount of tokens reserved for founders/third parties

How will funds raised in the ICO be used? Detailed plan.

What insurance companies is WCX cooperating with?

Are there any bonuses available in the ICO?

How do you calculate the 100 WCX = 10 USD Price?

Your exchange will be operated in HK and Luxembourg. Will the WCX administration team be located there physically?
wcxofficial
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July 30, 2017, 02:55:59 AM
 #691

Neat project

Crucial details required:

Max cap of WCX
Amount of tokens sold in ICO
Amount of tokens rewarded for free
Amount of tokens rewarded as bounties
Amount of tokens reserved for founders/third parties

How will funds raised in the ICO be used? Detailed plan.

What insurance companies is WCX cooperating with?

Are there any bonuses available in the ICO?

How do you calculate the 100 WCX = 10 USD Price?

Your exchange will be operated in HK and Luxembourg. Will the WCX administration team be located there physically?

Thanks. These are TBD. Some of the above will be covered in more detail in the whitepaper set to be released by mid next week.

Concerning cap, the ICO will be a hard cap, so there will be a limited amount of tokens issued. Any unsold tokens will be burned. There will be no re-issue, so that is the only time WCX tokens will be created.

Concerning fund distribution, also TBD for exact figures, but founders & advisors will likely retain around 10%. The rest is bounties and token sale.

Bonuses will be available at the ICO, particularly for early buyers.

WCX - 0-fee crypto margin trading https://wcex.com
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July 30, 2017, 03:59:18 AM
 #692

Will you publish WCX through multiple ICO advertisement/promotion  sites, will this be recognized. publicly? It need to be brought to the (light)  in advance before the presale ICO.  It seems more as a private underground movement. Thanks

they have now more than 100000 emails they can contact directly. stupid people use ads, sure they should maybe will do it, but look at power of the email and signups.

in 2 weeks maybe they can have 250000 emails. if each person give $400 (i think average contribution in ICO is like $450) then ICO raise is $100M. It is huge. But there is still time. We are early, the public will catch on.

But to attract real investors WCX should be visible on ICO listng sites. Few articles on some crypto news webs or blogs wouldn't hurt too. And there are social media also, so I hope devs will get all that covered.

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July 30, 2017, 05:37:39 AM
 #693


WCX is available in 5 new languages!

Chinese
Korean
Malay
Ukranian
Vietnamese

Have improvements to propose on these translations? Join our community of 30 translators here.

WCX - 0-fee crypto margin trading https://wcex.com
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July 30, 2017, 07:53:56 AM
 #694

Neat project

Crucial details required:

Max cap of WCX
Amount of tokens sold in ICO
Amount of tokens rewarded for free
Amount of tokens rewarded as bounties
Amount of tokens reserved for founders/third parties

How will funds raised in the ICO be used? Detailed plan.

What insurance companies is WCX cooperating with?

Are there any bonuses available in the ICO?

How do you calculate the 100 WCX = 10 USD Price?

Your exchange will be operated in HK and Luxembourg. Will the WCX administration team be located there physically?

I'm guessing 100 WCX = $10 will be set like any other ICO. Transform into BTC or ETH or what currency they will accept for ICO buys.
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July 30, 2017, 08:11:29 AM
 #695


WCX is available in 5 new languages!

Chinese
Korean
Malay
Ukranian
Vietnamese

Have improvements to propose on these translations? Join our community of 30 translators here.

Why did not I pay for the Ukrainian translation tokens? I wrote you to the post you ignorant! You did not reward me for work ((
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July 30, 2017, 08:44:40 AM
 #696

Hello, i registered a WCX account but I i dont see any verification mail sent to me, can you help me please ?
my email is phamtanlam0@gmail.com
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July 30, 2017, 09:16:20 AM
 #697

So if i understand well if i trade only with crypto i can do it in anonymous mode without KYC it s true?




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July 30, 2017, 09:59:50 AM
 #698

Пpивeт! Иcчeз pyccкий язык c caйтa  Cry
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July 30, 2017, 10:11:19 AM
 #699

Hi,
I've trancerated into Japanese  .
Will I get  WCX   ??  Smiley
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July 30, 2017, 11:39:40 AM
 #700

Hi, where can we find info on project member profiles? I.e. past work experience? On the website it says "Our team comes from Apple, Deutsche Bank, and IBM, and has decades of experience in building secure, distributed, and massive-volume systems." but how can we verify this?

Thanks in advance
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