[ANN] ADAB - First Islamic Crypto Exchange, based on the Shariah norms

[JollyGood]

Let me understand it. You have posted this thread in International forum, on the English language. You talk about some kind of Sharia norms/rules, so why don't you explain what does it even mean?
There a lot of nationalities, so why people will be interested in your project?

Also, from your website:
Independent certification
Adab Solutions will pass an independent certification of all regulatory and legal documents and procedures. - Will pass? Based on what your exchange will pass all regulatory and legal compliance?

As for me, I prefer the projects which come to the crowdfunding at least with legal compliance, that means they are serious in their intentions and they put a lot of work into the development.

Your GitHub is absolutely empty. So what did you develop or achieve so far?

No GitHub, no plan, no experience, no Shariah, no Halal, there is nothing except scam !

The fake buzz and hype created by the very same username that are owned by the Russian fake bounty team which are used to flood threads they "manage", makes this even more pathetic.

As someone else mentioned in the thread, the Team might be real (3x Kazakhs living in Uzbekistan) but they are not experienced in this field. they are way out of their depth. They are amateur ignorant incompetent fools taking others along with them for the ride.

[Phileste]

I can't understand why there's so much negativity around the project. Will it be an exchange only for Muslims or for all religions? How are you going to distinguish this or that religion?

This exchange is for people of all religions, not only for Muslims. Read the White Paper, it says why so much attention is paid to Islam.

The exchanger is yes, absolutely anyone can make an exchange and this is not a problem at all, just for Muslims there are some other rules

Before I got acquainted with this project, I didn’t even know that Muslims have such strict rules.

They have strict laws, it was always like this, so this project should adhere to them in order not to violate anything, because it is made for the Muslim people.

[Caliesnat]

You're right. The focus should be on Muslim traders, since the exchange will be created taking into account the various subtleties associated with the Sharia.

But this does not mean that this crypto exchange will be only for Muslim traders and investors. Anyone can use the services of the exchange!

Just as Russian traders trade on Chinese exchanges, so a trader of any nationality can replenish an account and start trading. But as Chinese exchanges focus on traders living in China, so this project should focus on Muslims.

Some exchanges are available only to residents of the country where it is registered. And the withdrawal there is possible in the currency of that country.

Well, the main thing is that this project is being done for the Muslim people, but everyone will be able to check the exchange for themselves there, the team made the right decisions.

[Garahain]

Of course crypto is unstable, but it is only now, In a few years everything can change.

The cryptocurrency will never be stable, large players are not interested in it.

Most likely, over time, the level of volatility will decrease after the appearance of laws regulating this sphere.

Reducing high volatility is not a hindrance. All the same, trading will bring earnings. But perhaps not such a large percentage.

decrease in volatility is a decrease in profits. We will no longer see X' like in 2017

Such growth as it was in 2017 will no longer be, I am not at all sure that there will be such space prices for ethereum and Bitcoin, but the growth was promised, let's see

[Salichex]

You're right. The focus should be on Muslim traders, since the exchange will be created taking into account the various subtleties associated with the Sharia.

But this does not mean that this crypto exchange will be only for Muslim traders and investors. Anyone can use the services of the exchange!

Just as Russian traders trade on Chinese exchanges, so a trader of any nationality can replenish an account and start trading. But as Chinese exchanges focus on traders living in China, so this project should focus on Muslims.

Some exchanges are available only to residents of the country where it is registered. And the withdrawal there is possible in the currency of that country.

Russia has been working with China for a very long time, everybody knows it, because they trade there, it’s profitable for them, but the fact that adab is oriented to Muslims is right, everywhere there are people who are ready for everything for their people

[BoxerRobert]

One of the good project I ever saw. Have you plan to trade currency pair .Like BTC/USD.

[Genrix]

For sure they will launch BTC/usdt pairs. It is typical pair on the market and the biggest volume it provides. They will definitely list this pair

[Timmy-tianlan]

Nice to see a brand new exchange with Islamic region, hope you can do it well!

[sofaflesh]

One of the good project I ever saw. Have you plan to trade currency pair .Like BTC/USD.

I am confident that such a pair will have a place to trade in this market because it is the most popular trading pair in the world and without it there can be no exchange

[trobbert]

Nice to see a brand new exchange with Islamic region, hope you can do it well!

It is not just a new exchange, but it is first one. Nobody before created exchange for islamic countries based on shariah norms.
Do you realise it?

[KoBaTeJIb]

Nice to see a brand new exchange with Islamic region, hope you can do it well!

It is not just a new exchange, but it is first one. Nobody before created exchange for islamic countries based on shariah norms.
Do you realise it?

being the first is always difficult. the main thing is to go forward.

[trobbert]

Nice to see a brand new exchange with Islamic region, hope you can do it well!

It is not just a new exchange, but it is first one. Nobody before created exchange for islamic countries based on shariah norms.
Do you realise it?

being the first is always difficult. the main thing is to go forward.

I agree with you. That's why i alwys move forward once I implement something new.

[daly896]

Hey mates, what about launching some muslims tokens or stable token based on Emirati dirham? I think citizens of UAE will be glad seeing this trading pair

[daly896]

Who knows, maybe in a few years this exchanger will be better than the same Binans

with interface like this and terms of ICO like this ADAB will never beat binance

Come on! Why should they beat binance? There is no one chance for it, but they have different purpose and different target audience, so I would say they aren't competitors with Binance.

[minttop]

I guess beating Binance will be a difficult task, but firstly let's wait for beta launch, probably it will be more attractive for users.

[daly896]

I guess beating Binance will be a difficult task, but firstly let's wait for beta launch, probably it will be more attractive for users.

Read my previous post explaining this case.
I am sure we don't need to copy binance, Adab has own unique path.

[paxswerr]

Hello mates, do the whitelist registration still available or not? My friend want to register but I have filled the form before and can't check.

I think there is no whitelist, you can just buy tokens. There is a pre-sale stage, i am not sure about minimum amount to invest,but you can ask someone from support

How can I contact support directly? Maybe they have their own Telegram channel?

Yeah, for sure they have telegram channel. You chould go there and ask everything you need. Admins are very responsive.

[spawn4ever]

admins, i will ask once again. Can you post crowdsale smartcontract?

[Genrix]

admins, i will ask once again. Can you post crowdsale smartcontract?

i join question, smart contract should be shown, but sometimes team collect money without smart contract and with fiat investments, it is a reality.

[paxswerr]

Have you seen their team? What do you think about their experience?
They looks professional in islamic banking