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Author Topic: [ANN] ADAB - First Islamic Crypto Exchange, based on the Shariah norms  (Read 87013 times)
Freddy63
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December 02, 2018, 08:59:55 AM
 #4161

Yes, this is the first such product, but I think that is not the last. similar projects will appear after they see it being popular
Yes, from this point of view Adab has advantage, they have like a year to prove their assumption regarding demand of islamic crypto exchange

I think that the Adab team will manage to organize the demand from Islamic traders for their platform. Also, traders in other countries of the world, if they are allowed to do so, will also wish to start trading on a new platform.
Point is that Adab team opens new market for Islamic countries and it will cause money flow to crypto community. nobody did that before and islamic countries were closed for this market.

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December 02, 2018, 09:22:06 AM
 #4162

Is it true that Adab doesn't have competitors? Seems impossible, because every single ICO I've meet was just a copy of previous one. And here I see something different.
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December 02, 2018, 09:38:48 AM
 #4163

Here you go. There is little time left until the beginning of 2019. The team has no time to be distracted. After all, the alpha release of the exchange is about to happen.
Exactly! There is no so much time left till the main release and I think team will do their best to perform quality product!

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December 02, 2018, 10:05:06 AM
 #4164

Are you going to present more eth contests in your telegram channel? Once I've won a small amount,but I like the taste of victory
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December 02, 2018, 10:53:59 AM
 #4165

How do you estimate potential of adab token? Which exchanges are going to list your token?
I know that is prohibited to disclose listing, but just tell us your potential exchanges.
I can say the next. Since this is an ERC-20 token, then it will be 100% available for trading at the etherdelta exchange.
Why are you speaking about etherdelta if there is completely another exchange.
Etherdelta is decentralised and Adab is centralised.

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December 02, 2018, 11:20:42 AM
 #4166

According to the roadmap, the alpha release of the exchange is scheduled for 2019
Ok, thank you for sharing this info, I will be waiting for this release. You know, I 've seen spreadsheet with ROI of different projects and among all of them exchange ICos resulted highest return , so that's why I am waiting to test this exchange. Probably it is another game changer!
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December 02, 2018, 11:44:50 AM
 #4167

I am so inspired by Adab exchange, that I will recommend it to all of my muslims friend.
But firstly I need to get sure in quality.
Freddy63
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December 02, 2018, 12:08:47 PM
 #4168

Yes, this is the first such product, but I think that is not the last. similar projects will appear after they see it being popular
Yes, from this point of view Adab has advantage, they have like a year to prove their assumption regarding demand of islamic crypto exchange
Year or more, it is not so important. More importantly, such big bonuses can greatly lower the price of the token in the future.
Yes, there is probability of such decrease. Huge bonuses always affect price in a negative way.
Nevertheless most of investors prefer to buy on pre-sale to gain bonuses

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December 02, 2018, 12:39:32 PM
 #4169

Yes, this is the first such product, but I think that is not the last. similar projects will appear after they see it being popular
Yes, from this point of view Adab has advantage, they have like a year to prove their assumption regarding demand of islamic crypto exchange
Year or more, it is not so important. More importantly, such big bonuses can greatly lower the price of the token in the future.
Yes, there is probability of such decrease. Huge bonuses always affect price in a negative way.
Nevertheless most of investors prefer to buy on pre-sale to gain bonuses

The first investors are most at risk. Therefore, for them at the time of pre-sale, the teams offer large percentages of bonuses.
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December 02, 2018, 01:35:44 PM
 #4170

Sorry, but I didn't find the answer to my question.

1) Is it a problem to use exchanges like binance for myslim Huh
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December 02, 2018, 02:45:11 PM
 #4171

Sorry, but I didn't find the answer to my question.

1) Is it a problem to use exchanges like binance for myslim Huh
Yes, the problem is even bigger as you can imagine.
Their religion doesn't permit to use shady products like gambling, tobacco, alcohol, so Binance and other exchanges don't make due diligence to sort out listed tokens

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Aleksandra 81
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December 02, 2018, 03:45:54 PM
 #4172

Sorry, but I didn't find the answer to my question.

1) Is it a problem to use exchanges like binance for myslim Huh
Yes, the problem is even bigger as you can imagine.
Their religion doesn't permit to use shady products like gambling, tobacco, alcohol, so Binance and other exchanges don't make due diligence to sort out listed tokens

It turns out that the ADAB team will add the token only to its trading platform?
oficman
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December 02, 2018, 04:23:03 PM
 #4173

Is it true that Adab doesn't have competitors? Seems impossible, because every single ICO I've meet was just a copy of previous one. And here I see something different.

You're right. There are many exchanges on the market, but only the ADAB team will adhere to the Sharia law.
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December 02, 2018, 05:07:15 PM
 #4174

It turns out that the ADAB team will add the token only to its trading platform?
You have to distinct Adab token and other tokens listed on its platform. The goal of their business is making deals according to shariah rules, so all tokens willing to be listed on Adab, should have compliant business.
As for native token, i believe it will be traded on several exchange, but lets ask devs again
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December 02, 2018, 05:09:10 PM
 #4175

Yes, this is the first such product, but I think that is not the last. similar projects will appear after they see it being popular
Yes, from this point of view Adab has advantage, they have like a year to prove their assumption regarding demand of islamic crypto exchange
The first to be difficult.  let's see how everything will be if until that time the crypto will exist
Being first is difficult, but these efforts pay off. They can take up most of the market.
MoLoKo789
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December 02, 2018, 05:24:04 PM
 #4176

It turns out that the ADAB team will add the token only to its trading platform?
You have to distinct Adab token and other tokens listed on its platform. The goal of their business is making deals according to shariah rules, so all tokens willing to be listed on Adab, should have compliant business.
As for native token, i believe it will be traded on several exchange, but lets ask devs again

If a project token is added to other exchanges, people can earn money in the way that the Shari'ah rules prohibit and change it to a project token. Is this not a violation of the rules of Sharia?
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December 02, 2018, 05:28:32 PM
 #4177

Is it true that Adab doesn't have competitors? Seems impossible, because every single ICO I've meet was just a copy of previous one. And here I see something different.
I heard that another similar project is being launched in the United Arab Emirates.

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December 02, 2018, 05:43:52 PM
 #4178

Is it true that Adab doesn't have competitors? Seems impossible, because every single ICO I've meet was just a copy of previous one. And here I see something different.
I heard that another similar project is being launched in the United Arab Emirates.

Is this project also based on Sharia laws or does it have any differences?
Enchantment99
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December 02, 2018, 06:25:03 PM
 #4179

It turns out that the ADAB team will add the token only to its trading platform?
You have to distinct Adab token and other tokens listed on its platform. The goal of their business is making deals according to shariah rules, so all tokens willing to be listed on Adab, should have compliant business.
As for native token, i believe it will be traded on several exchange, but lets ask devs again

If a project token is added to other exchanges, people can earn money in the way that the Shari'ah rules prohibit and change it to a project token. Is this not a violation of the rules of Sharia?

Oh, this is a question that is very difficult to answer. I think that the team over him, too, thought and knows how to act correctly.
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December 02, 2018, 06:48:45 PM
 #4180

 The Adab team received many ratings from various ICO resources:
9.3/10 ICOmarks
 5.0/5.0 TrackICO
 9.9/10 ICObirds
 5.0/5.0 FindICO

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