wcxofficial (OP)
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July 17, 2017, 05:20:03 AM Last edit: October 01, 2020, 10:47:56 PM by wcxofficial |
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test
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Doken
Sr. Member
Offline
Activity: 320
Merit: 250
Spanish Translator
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July 17, 2017, 10:54:02 AM |
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supercops
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July 18, 2017, 07:44:36 PM |
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Very interested in this project and just started off by registering for the promotion on this thread so this is good for attracting attention for your offering of a brand new exchange to the bitcoin community.
I am fully for what you have to offer in giving your potential customers some relief in the form of high transactions fees they are paying using other exchanges.
They all feel as if they are being taken advantage of by these other exchanges. So I do hope you and your exchange do wish to alleviate us all from these higher than normal transactions fees to want to move our own funds around a site or out of a site when you want to.
Thanks.
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dashingriddler
Legendary
Offline
Activity: 1258
Merit: 1001
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July 18, 2017, 08:01:10 PM |
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Just applied for the promotion for the 1st 40 comments. So I do imagine I am one of them who qualify. So here is my question to you and your team. If you plan to do no IDs required then what limits do you impose so not to cause any issues of accounts being locked due to surpassing the maximum allowed to transfer from an account?
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wcxofficial (OP)
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July 18, 2017, 10:55:41 PM |
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Signed up on the site. This looks promising. Are you offering bounties beyond WCX tokens? Details like screenshots of the platform? Margin trading?
We will be offering bounties pre-ICO as well as bonuses for early buyers in the token sale. Product screenshots will be released over time and margin trading is part of the roadmap for early 2018.
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wcxofficial (OP)
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July 18, 2017, 11:23:39 PM Last edit: July 19, 2017, 04:41:46 PM by wcxofficial |
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Very interested in this project and just started off by registering for the promotion on this thread so this is good for attracting attention for your offering of a brand new exchange to the bitcoin community.
I am fully for what you have to offer in giving your potential customers some relief in the form of high transactions fees they are paying using other exchanges.
They all feel as if they are being taken advantage of by these other exchanges. So I do hope you and your exchange do wish to alleviate us all from these higher than normal transactions fees to want to move our own funds around a site or out of a site when you want to.
Thanks.
Thanks. Our goal is to provide the lowest fee crypto exchange in the world coupled with the highest quality service. Just applied for the promotion for the 1st 40 comments. So I do imagine I am one of them who qualify. So here is my question to you and your team. If you plan to do no IDs required then what limits do you impose so not to cause any issues of accounts being locked due to surpassing the maximum allowed to transfer from an account? There will be no limits on withdrawals or deposits. We won't be dealing with fiat or banks, just cryptocurrencies. Indeed everyone posting qualifies for this week's promotion. Payouts will be made in lump sum by the end of the week.
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rahmat86
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July 18, 2017, 11:39:59 PM |
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i have question sir. 1. Can you explain in detail intent Up to 10 times cheaper than what's already out there? If your fee is cheap, where do you benefit? 2. What coins will you release in the market later? 3. How much will you charge to trader maker and taker? What's under poloniex or bittrex? please answer thank you
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bravetheheat
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July 19, 2017, 01:47:09 AM |
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Do you have a whitepaper with the terms of your ICO and fund distribution? You also mention an experienced team: could you include more details and proof?
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wcxofficial (OP)
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July 19, 2017, 06:02:58 AM |
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i have question sir. 1. Can you explain in detail intent Up to 10 times cheaper than what's already out there? If your fee is cheap, where do you benefit? 2. What coins will you release in the market later? 3. How much will you charge to trader maker and taker? What's under poloniex or bittrex? please answer thank you
1. WCX will aim to have the lowest costs and fees of any exchange in the world. This is our driving force. We believe the very low fees as well as our laser focus on customer satisfaction, will drive a large amount of volume and liquidity which will benefit the business. Current cryptocurrency exchanges are tremendously overcharging while also mismanaging their business or running it inefficiently. 2. Base markets to start with are BTC, ETH, and USDT. You can vote for which coins and market pairs you want to see included here: https://docs.google.com/forms/d/e/1FAIpQLSdkFM1HKmTfhDeJ5Acn5hstJFi_Mcj8KIgMk7fpvOxJ2Ua5aA/viewform - you can also let us know if there are particular coins you'd like to trade by replying in this thread. 3. The taker will pay a small fee (e.g. -0.15%) and the maker will get paid, not charged, a fee (e.g. +0.05%). Currently Poloniex nets around 0.4% and Bittrex around 0.5% of every transaction, which are respectively 400% and 500% higher than what WCX intends to charge.
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wcxofficial (OP)
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July 19, 2017, 06:27:39 AM |
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Do you have a whitepaper with the terms of your ICO and fund distribution? You also mention an experienced team: could you include more details and proof?
The whitepaper, pitch deck, and more details about the ICO / token distribution and team will be released over the next few days and weeks. A rough estimate for token distribution would be 2% in ICO bonuses, 10% for the team, advisors, founders, and 88% in token distribution to the public.
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somacoin
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July 19, 2017, 08:55:04 AM |
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this sounds promising. i believe a lot in decentralized exchanges but I will also support the good centralized exchanges. i would like to ask more about your team - on the website you state 'Our team comes from Apple, Deutsche Bank, and IBM, and has decades of experience in building secure, distributed, and massive-volume systems.'. Will you publish more information about your team on the site soon? thanks
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evergrow
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July 19, 2017, 11:31:29 AM |
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Do you have a whitepaper with the terms of your ICO and fund distribution? You also mention an experienced team: could you include more details and proof?
The whitepaper, pitch deck, and more details about the ICO / token distribution and team will be released over the next few days and weeks. A rough estimate for token distribution would be 2% in ICO bonuses, 10% for the team, advisors, founders, and 88% in token distribution to the public. this sounds promising. i believe a lot in decentralized exchanges but I will also support the good centralized exchanges. i would like to ask more about your team - on the website you state 'Our team comes from Apple, Deutsche Bank, and IBM, and has decades of experience in building secure, distributed, and massive-volume systems.'. Will you publish more information about your team on the site soon? thanks
somacoin, like the OP said above more details about the team will be published within the next few days and weeks. I suppose you're asking whether more info on the team will be posted within the next days. I'm very curious about this, too. The website is still very minimal at this point and it seems deliberately so.
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Arcteryx
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July 19, 2017, 12:16:49 PM |
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Realy nice project you have here and giving away to the public is a good step in the right direction. Cause we all know a no B.S approach is what everyone is seeking nowadays with so many new alt coin coming out of the woodworks and with the sudden influx of these new tokens coming out every two to fours hours it is flooding the ETHereum network. So hoping yours alleviates this problem some how.
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| .......High ROI Social Ethereum Games ........BENEFITS WHITEPAPER ANN THREAD GITHUB REDDIT TWITTER........ | ░░░░░░░░░░░▄██████████████▀░░░░░ ░░░░░░░░▄█████████████▀▀░░░░░░░░ ░░░░░░▄██████▀░░░░░░░░░░░░░░░░░░ ░░░░░██████▀░░░░░░░░░░░░░░░░░░░░ ░░░░░██████░░░░░░░░░░░░░░░░░░░░░ ░░░░░░██████▄░░░░░░░░░░░░░░░░░░ ░░░░░░░▀███████████████████▄░░░░ ░░░░░░░░░▀▀██████████████████▄░░ ░░░░░░░░░░░░░░░░░░░░░░░███████░░ ░░░░░░░░░░░░░░░░░░░░▄▄██████▀░░░ ░░░░░░░▄█████████████████▀▀░░░░░ ░░░░░▄████████████████▀▀░░░░░░░░......................
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jt byte
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July 19, 2017, 01:54:52 PM |
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An exchange giving out tokens is a nice way to welcome their potential customers and gets them to be more involved and active in the platform once it is launched. Great job WCX! Will be watching when you do finally launch after the summer is over and classes start again.
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Komorebi
Newbie
Offline
Activity: 14
Merit: 0
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July 19, 2017, 02:12:01 PM |
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I am most interested in the trading engine. You say it has been field tested for years, may I ask where has it been deployed? I would really like to test it! If you are looking for beta testers in the future (can we earn rewards?), please get in touch. I will be available.
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zuggu-1
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July 19, 2017, 03:12:33 PM |
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waiting for launch & asking if a bounty for early testers for the platform will be launched all the best WCX team
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wcxofficial (OP)
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July 19, 2017, 04:36:20 PM |
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this sounds promising. i believe a lot in decentralized exchanges but I will also support the good centralized exchanges. i would like to ask more about your team - on the website you state 'Our team comes from Apple, Deutsche Bank, and IBM, and has decades of experience in building secure, distributed, and massive-volume systems.'. Will you publish more information about your team on the site soon? thanks
Thanks. We'll have more information about the team, ICO, and product in the days and weeks to come leading up to 9.9.17, the ICO's start date. Indeed decentralization is our goal as well, but we don't believe blockchain technology is ready right now to accommodate a truly decentralized, scalable, fast, and secure order book trading platform. We're all for decentralization and will be the first to hop on board when a mass consumer-ready solution exists. Decentralizing WCX customer wallets is on our roadmap. I am most interested in the trading engine. You say it has been field tested for years, may I ask where has it been deployed? I would really like to test it! If you are looking for beta testers in the future (can we earn rewards?), please get in touch. I will be available.
waiting for launch & asking if a bounty for early testers for the platform will be launched all the best WCX team Thanks. We'll be looking for beta testers for our beta launch on 9.1.17 and will keep you posted. Bounties / rewards will be available.
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wcxofficial (OP)
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July 19, 2017, 05:02:26 PM |
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Realy nice project you have here and giving away to the public is a good step in the right direction. Cause we all know a no B.S approach is what everyone is seeking nowadays with so many new alt coin coming out of the woodworks and with the sudden influx of these new tokens coming out every two to fours hours it is flooding the ETHereum network. So hoping yours alleviates this problem some how.
An exchange giving out tokens is a nice way to welcome their potential customers and gets them to be more involved and active in the platform once it is launched. Great job WCX! Will be watching when you do finally launch after the summer is over and classes start again. Thanks. Our north star is total focus on customer satisfaction. Part of that means offering the highest quality service at the lowest fees. Another part of that means finding a way to allow early customers to participate in our future success. Issuing WCX tokens to the public achieves this since owners of WCX tokens earn a portion of the revenue the exchange generates. One note about WCX tokens is that they'll be tradable on WCX from the start, so that also provides liquidity for early customers who want to sell or new customers who want to buy in. Love the concept of this exchange and it also doesnt hurt to have a cool symbol for a name. It makes it sound like a racing type-r car from Japan. Thanks!
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