Nasdaq Infrastructure Powered New Cryptocurrency Exchange

[coinpediaJordan]

The new exchange will operate on a model similar to Robinhood where customers can pay monthly fee or subscription fees to access trading tools. There will no commission fees on transactions. Using NASDAQ will help assure customers of safety, trust and security they are looking for.   

Read news here: https://coinpedia.org/news/nasdaq-new-crypto-exchange/

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[kramr]

I agree with the previous commentators, I think this can be considered another great step towards legalization of crypto-currencies

[fia_naila]

If this news is true it will be the big step for crypto and i also read that ethereum futures market also will be included there. However when whale comes to this crypto world it is still possibly gping to side. Bearish or bullish. But i think its bullish sign. I am going in to btc again then.

[Awesomus Maximus]

With only a limited number of trading pairs and a subscription fee many will avoid it. It will probably be reserved for institutional traders. But such a big player like NASDAQ entering the scene means only one thing - more boost for the crypto community as a whole.

[Tytanowy Janusz]

I readed somewhere that it will be 10-15$/mouth. I pay 10-15$ a day in fees by trading my small hi-risk wallet on binance (1800$). Its not gonna be for institutional investors only. There will be Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Bitcoin Cash (BCH), EOS (EOS), Litecoin (LTC) but it will evolve to top 25. Its more than enought to daytrade.

[Kemarit]

I readed somewhere that it will be 10-15$/mouth. I pay 10-15$ a day in fees by trading my small hi-risk wallet on binance (1800$). Its not gonna be for institutional investors only. There will be Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Bitcoin Cash (BCH), EOS (EOS), Litecoin (LTC) but it will evolve to top 25. Its more than enought to daytrade.

For seasoned traders, the fee is that not big amount. But for those who are just beginning their crypto journey, they might get intimidated by it. But I'm sure that the monthly subscription fee will be put into good use, as they are very keen on having a good security assuring their customers. As for the pairings, since they are quite new, only few coins will be listed. But as they grow, more coins will be added soon and that is a good thing for all traders.

[Tytanowy Janusz]

I readed somewhere that it will be 10-15$/mouth. I pay 10-15$ a day in fees by trading my small hi-risk wallet on binance (1800$). Its not gonna be for institutional investors only. There will be Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Bitcoin Cash (BCH), EOS (EOS), Litecoin (LTC) but it will evolve to top 25. Its more than enought to daytrade.

For seasoned traders, the fee is that not big amount. But for those who are just beginning their crypto journey, they might get intimidated by it. But I'm sure that the monthly subscription fee will be put into good use, as they are very keen on having a good security assuring their customers. As for the pairings, since they are quite new, only few coins will be listed. But as they grow, more coins will be added soon and that is a good thing for all traders.

Yea. Its definitly wont be for hodlers, investors or someone who just started his jurney in crypto.

[Slow death]

well is another interesting article, here are the parts that will interest me:

it is expected that it will not allow U.S. customers to trade on th exchange at launch due to regulatory hurdles.

So the US people have no reason to celebrate.

The exchange will most likely start popular cryptocurrencies including Bitcoin, Bitcoin Cash, Ethereum and Litecoin. It will then expand to include 20 to 30 other coins.

in this part made me laugh a lot because of this:

However, it will have to vet coins before listing and coins will not list just because they are paying, said Skowronski. The first stage of the vetting process for new coins is application. Thus an interview with the third being a legal opinion by the in-house teams. Therefore, due diligence in inspecting the team and the whitepaper

before they begin to investigate the coins, they should buy some soothing pills not to have a heart attack, because they will discover many disagreeable things ( The team and the whitepaper ) and in the end they will list the coins that pay the more money

Binance also said that it rejects 97 percent of the applicants hoping to list on it.

hahaha

they listed Bytecoin that had a very strange increase and I do not even see the reason for this big increase

Cryptopia is among those exchanges that use a different approach to list coins. It offers coins that are not found elsewhere. The exchange says there is a genuine demand for obscure tokens. Since that it is not the job of the exchanges to judge but to stick to executing trades.

Cryptopia is another shady exchange

[Tytanowy Janusz]

they listed Bytecoin that had a very strange increase and I do not even see the reason for this big increase

Whale fun with traders.

When Bytecoin hit binance it was trade there 20x higher then on other exchanges. I think that people who was buing at this price didnt know that it has marketcap higher then ripple then. And this prices last for half day. Isane.

Someone put lots of money to pump this coin. Some traders might not know about it and seing hype pump jumped in (binanse shows +350% when it was +2000%) This high price on binance pumped bytecoin on others exchanges (arbitrage).

Funny thing is that for very long time binance price was around 0.17 $ when coinmarketcap price was 0.017$ - hmm mayby whale stopped price at this point to catch those traders who didnt realise there is extra 0 in price

[rickadone]

If this news is true it will be the big step for crypto and i also read that ethereum futures market also will be included there. However when whale comes to this crypto world it is still possibly gping to side. Bearish or bullish. But i think its bullish sign. I am going in to btc again then.

It will sure be a big step for cryptocurrency, considering that bigger players can end up having trustable exchanges to make use of. Also, this is a pattern that no one is following yet based on the subscription fees instead of the regular commission fees charged by most exchanges.

In this way, I guess those who may be trading huge money, may not have to worry much since all they are going to be paying is a fixed fee. Also, what are the chances of good number of coins being listed on the exchange ? Which I believe is one other thing to take note.

[0xBitcoins]

The new exchange will operate on a model similar to Robinhood where customers can pay monthly fee or subscription fees to access trading tools. There will no commission fees on transactions. Using NASDAQ will help assure customers of safety, trust and security they are looking for.   

Read news here: https://coinpedia.org/news/nasdaq-new-crypto-exchange/

Wow! That is really a good one. However, with a monthly subscription fee and no commission fee on transaction, which would basically depend on how much the subscription fee is going to be, and for a very low subscription fee, a big time trader really would not mind. If we are to take a look at it anyway, the amount we pay for commission fee when combined together can be so crazily annoying which was the main reason a lot of day traders moved to binance. Let's see how this goes.

[Bitcotalk]

With only a limited number of trading pairs and a subscription fee many will avoid it. It will probably be reserved for institutional traders. But such a big player like NASDAQ entering the scene means only one thing - more boost for the crypto community as a whole.

Starting with just three coins and expanding later to maybe 20 or 30, where is the fun one is going to be getting presently now with the big market. That is by the way though! It is a good step anyway knowing NASDAQ security framework is being used as that will guarantee some level of security and knowing that obviously this will be a well regulated environment.

Also, like you said, this is going to be a good thing for the cryptocurrency market knowing that the bigger players are looking to invest in exchanges, one way to go!

[andrew1carlssin]

The new exchange will operate on a model similar to Robinhood where customers can pay monthly fee or subscription fees to access trading tools. There will no commission fees on transactions. Using NASDAQ will help assure customers of safety, trust and security they are looking for.   

Read news here: https://coinpedia.org/news/nasdaq-new-crypto-exchange/

Finally a good news .. if I get some spare time I will try to do some research about the historical data on the logs of the upgrade system

I will start my research on this page http://www.josh.com/notes/island-ecn-10th-birthday/

All the best
AC--

[hatsoff2btc]

I readed somewhere that it will be 10-15$/mouth. I pay 10-15$ a day in fees by trading my small hi-risk wallet on binance (1800$). Its not gonna be for institutional investors only. There will be Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Bitcoin Cash (BCH), EOS (EOS), Litecoin (LTC) but it will evolve to top 25. Its more than enought to daytrade.

10 - 15 dollars a month? That is pretty low compared to what one is paying with this normal trading platforms and with the security level guaranteed trading on this platform, I bet it would be a sweet one to make use of while waiting for when the other cryptocurrencies are going to be listed. What was said on the article was actually like 10 euros and I am really going to be looking forward to this one. I guess we are gradually getting there with all these developments coming up.

[O9NpJ9ld1opS]

Nasdaq is a reputed stock exchange and has been here for years. Also it is ranked 2nd in stock trading volume. It is a great news that they are starting a crypto exchange. This will help more and more people trade crypto easily. It is reported that more than 500k users have already registered for crypto trading there and their crypto services is expected to start at the end of this month. A very BULLISH news for the whole crypto industry indeed.

[kenel]

I can't say that this is very good news. the centralization effect of the manipulation in action. but nevertheless, the official trade in crypto-currency goes to this

[iram3130]

I support every move where institutions try and bring non crypto whales into the crypto. This will be a revolutionary move for everyone and we may see some good results in the future. This exchange will only list the most trustworthy tokens and rules are too high for it.

[Cryptotenuse]

The new exchange will operate on a model similar to Robinhood where customers can pay monthly fee or subscription fees to access trading tools. There will no commission fees on transactions. Using NASDAQ will help assure customers of safety, trust and security they are looking for.  

Read news here: https://coinpedia.org/news/nasdaq-new-crypto-exchange/

I haven't heard about this news, while actually it is a very good news if it is true.  We could even call it a milestone towareds mass adoption pf cryptocurrencies.