Anyone familiar with 796 Exchange? They are offering free stock for signing up.

[796]

I signed up for the free share in case they succeed.

They can only take bitcoin and use it as collateral to trade, which kind of defeat the purpose of hedging bitcoin.

Have you noticed the recent news that we're converting stocks for our IPO plan?
No worries, the system will finish the work.
By the way, you're smart. 

796 Exchange

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[796]

i never recieved my free .01 btc for signing up a few months ago when you opened.

We've just finished the converting stocks work for IPO.
it should be free stocks for signing up at the very initial stage of operation.
Thanks!

796 Exchange

[796]

What are the shares you guys are talking about? Signed up and I'm still not seeing anything related to it...

I guess the "free" stock is only when Bitcoin is deposited and traded or when referral sign up.  And the withdrawal fee is really high.  So probably not worth it.  I was just curious if anyone had experience with them though.

That was my experience also, they were misleading.  I signed up and then there was some other requirement to fulfill to get the free stock.

We've done some adjustment to some of the policies because of the eagerness for our stocks.
Now we have convert the stocks for our IPO plan.
So far so good.
Thanks!

796 Exchange

[796]

Can we trust any exchanges?    I guess time will tell on this one too.

No.

But 1.2% is outrageous for withdraws.

Hi there,
Here's the latest fee schedule:
https://796.com/news/detail/26.html

Thanks!

796 Exchange

[WinterParker]

So how many registered users on the exchange?

What was the max amount of registered users online at the same time??

TX

[Indamuck]

So how many registered users on the exchange?

What was the max amount of registered users online at the same time??

TX

While I cannot answer your question specifically, I have been trading there and have been quite happy with the service. Liquidity could always be better, but it is still adequate for my size. I've found it to be the best platform for hedging. And I've gotten good response from 'customer service' on a few occasions when I've needed, through no fault of their own. And they've had no issues with down time, freezing withdrawals, or the like.

I'd recommend giving them a try. Downside is it doesn't appear they have a native English speaker on staff, so the website is not translated all that well, and that might inhibit other westerners from using the platform? I started using them with a considerable amount of skepticism, but I've been pleasantly surprised so far ...