I wanted to know more about the exchanger you're talking about.
So, you're saying that users will be able to convert into fiat with your erc20 token, then it means you must have a company registered for the exchange(it will be good if you'll provide the detail) and which currency will you use for exchange.
Actually, MX Exchanger is a peer-to-peer exchanger. That's why I'm stressing the P2P feature of the exchanger.
It is run by the people, and for the people.
In simple terms, you're creating an erc20 token along with mobile and desktop platform for that. Also, you're developing a full operation exchanger for not exchanging in other crypto but in fiat. How will you manage the liquidity? It seems you guys are really talented.
The liquidity is coming from the EMS providers who are purchasing the products and services using MEXC <=> MX tokens.
We're talking about a huge market. USD6.8b in total. If we can corner the market for 10%, that's 680m which they can only purchase using MEXC tokens.
Now coming to the point of exchange, you're saying that you guys will be listed on xxxxxx as well as on xxxxxx. That's very good to hear but you might want to open up the xxxxxx listing form where you'll see that it is necessary to be listed on coinmarketcap before getting listed on binance and it takes $50,000 worth of trade for 7 consecutive days on any exchange in order to get listed on cmc and believe me xxxxxx will never be your first exchange.
Sorry, I have to edit some part of your post as we're not supposed to highlight that until the process is completed. My bad.
Yeah, you're right. The process is like this:
1) Finish the ICO
2) Listed on *any* exchanger
3) Then, based on item (2), listed on CMC
4) Listed for many more exchangers
That is the normal traditional flow...
So, the big names are the target ones as they provided liquidity. But we need to start somewhere and that is part of the strategy that we have.
So, it will be good if you clear the exchange listing after getting a clear perspective.
Btw your project is good and you whitepaper too is really great but you need to provide a clear perspective of the things you're actually gonna do.
It's not easy to make an exchange for giving up real cash to people all over the world.
In summary, MX P2P Exchanger is a good P2P for market driven exchanger as the corporate players might not have the effort to go and trade. But they have money.
And they can use MX P2P Exchanger to buy MX Tokens directly from MEXC holders.
That is the core point of the MX P2P Exchanger.
