cryptomaniac.
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August 20, 2018, 04:30:34 PM |
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How exactly do they do it
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Suraj Vaid
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August 20, 2018, 04:31:03 PM |
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How exactly do they do it
On a day when the volumes are low and the market is bearish, two traders can come together on telegram and place low volume orders and execute a transaction at that price, which will lower the LTP and thereby affect the sentiment. This type of sentiment can make it difficult both for exchanges and the users |
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cryptomaniac.
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August 20, 2018, 04:31:30 PM |
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Okay, understood. That's a nice problem you are solving. Will the transaction fee be higher, considering you are providing additional features also.
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Suraj Vaid
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August 20, 2018, 04:32:33 PM |
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Okay, understood. That's a nice problem you are solving. Will the transaction fee be higher, considering you are providing additional features also.
No, the fees will be lower than the traditional exchanges, Infact we have an offer for the month of August, where we have waived off the fee |
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cryptomaniac.
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August 20, 2018, 04:33:03 PM |
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Do you have your own coin as well
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Suraj Vaid
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August 20, 2018, 04:33:40 PM |
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Do you have your own coin as well
Yes, we have our own DAC coin which can be used on the exchange |
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cryptomaniac.
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August 20, 2018, 04:34:18 PM |
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Using which currencies can I buy your coin
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Suraj Vaid
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August 20, 2018, 04:34:44 PM |
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Using which currencies can I buy your coin
The DAC - Coin - our own exchange coin is live alongside BTC, ETH, LTC, BCH |
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cryptomaniac.
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August 20, 2018, 04:36:37 PM |
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Can you please share the link to register on your exchange
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zinal2607
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August 23, 2018, 04:56:20 PM |
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What exactly do you mean when you say decentralized exchange?
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Suraj Vaid
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August 23, 2018, 04:57:25 PM |
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What exactly do you mean when you say decentralized exchange?
Decentralized exchanges are even more secure for users as the private keys to them and don't keep it themselves |
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zinal2607
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August 23, 2018, 04:58:45 PM |
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Ok. In the world of blockchain, aren't all the exchanges decentralized?
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Suraj Vaid
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August 23, 2018, 05:03:58 PM |
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Ok. In the world of blockchain, aren't all the exchanges decentralized?
No, not all exchanges are decentralized. Infact majority of the big exchanges are centralized |
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zinal2607
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August 23, 2018, 05:07:01 PM |
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Which are the existing popular Decentralized exchanges?
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Suraj Vaid
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August 23, 2018, 05:07:34 PM |
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Which are the existing popular Decentralized exchanges?
Exchanges like Etherdelta and IDEX are two popular examples of decentralized exchanges |
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zinal2607
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August 23, 2018, 05:09:44 PM |
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Okay, but aren't they more infamous than popular
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Suraj Vaid
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August 23, 2018, 05:10:14 PM |
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Okay, but aren't they more infamous than popular
A lot of exchanges have faced criticism for their policies, commissions and liquidity issues. We cannot comment on the performance of anyone. We respect healthy competition and also the fact that there is scope for many such exchanges in the growing cryptocurrency market |
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zinal2607
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August 23, 2018, 05:14:17 PM |
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I am a bit aware about this and also the fact that the overall volumes in the cryptocurrency market are not growing as expected. How will you survive in such a market?
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Suraj Vaid
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August 23, 2018, 05:14:39 PM |
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I am a bit aware about this and also the fact that the overall volumes in the cryptocurrency market are not growing as expected. How will you survive in such a market?
You are correct in saying that the volumes have not grown as expected, but we can sense an opportunity here as the markets have matured and we have more sensible and savvy investors and enthusiasts trading on exchanges. |
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