[ANN] EiNAX.COM - New Airdrop Distribution and Crypto Voucher Exchange Platform

[einax]

Although knowing this is just a demo and WT has no market value but I tried to withdraw but still error.

To withdraw WT you need to have positive ETH balance. Withdrawal fee for WT is 0.0005 ETH. So you have to deposit some ETH first.

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[einax]

I don't see the development team in WP. If so, have they had similar projects?

We purposefully do not list our team members at our main page. All developers (even frontend devs and designers) working full time and signed NDA which forbids them to speak they are involved in this project.
We see this as necessary security measure.

[einax]

Why are not einax's tokens? If so, there will be more incentives for users.

We may launch something like this in future, however at this point we don't see solid utility for such token.

[haruharu732]

Do I need to download additional software?

[einax]

How much is ETH enough for me to withdraw money on my balance?

Withdrawal rates are currently:
0.0001 ETH for Ehereum withdrawals
0.0005 ETH for WT withdrawals

As we list more tokens - I will keep track of all withdrawals in the first post on this thread.

[MaryClark12]

How long does it take to process a withdrawal request?

[einax]

How long does it take to process a withdrawal request?

Today and the coming days withdrawal processing takes 20-30 minutes. This is because we constantly monitoring all withdrowals to make sure everythong works as intended.

[ahdie12]

After the testnet period, is the transaction fee applies to all investors?

[einax]

After the testnet period, is the transaction fee applies to all investors?

We are already on mainnet (even though service is in Beta).

Transaction fees are applied only to withdrawals and we have no plans to change this.

[Lisadavis87]

What is the minimum amount I can withdraw from a trading account?

[einax]

What is the minimum amount I can withdraw from a trading account?

You won't be able to withdraw an amount lower then ETH  withdrawal fee (0.0001 ETH) and there is no minimum for tokens.

[Destrodream]

No KYC?

[einax]

No KYC?

No, we do not have mandatory KYC at this point. Users can attach phone to their einax.com account if they want to be able to redeem some particular airdrops. Also attaching phone number will further boost your account security. But that still is an optional feature.

[einax]

Do I need to download additional software?

No, you don't have to download anything. einax is 100% web-based service.
Mobile apps are planned after exchange will go live.

[Raphagalthena2]

Do I have to show any papers to withdraw money? Is the money I deposit into my Einax account covered by insurance?

[einax]

Do I have to show any papers to withdraw money? Is the money I deposit into my Einax account covered by insurance?

No. We don't have withdrawal limits/mandatory KYC.

It is likely we will introduce withdrawal limits for accounts that have not enabled 2FA in future.   

[Courtneyhardy89]

I feel that Einax's idea is also good. If I use this trading platform, how will the commission be calculated for my trading on Einax?

[einax]

I feel that Einax's idea is also good. If I use this trading platform, how will the commission be calculated for my trading on Einax?

This is one of the hottest topics within the development team.
Right now we are choosing between 2 most common models:

0% Maker fee and 0.1%-0.3% taker fee (depending on the monthly volume)
or
0.1% Maker/Taker fee

We honestly prefer the second approach (even fees for everyone) because it is much easier in implementation, however, we feel that this may hurt initial volume growth. There is also an argument that Market maker should be incentivized for providing liquidity to the platform. Some exchanges utilize own tokens as a fee-payment option, but we currently not considering this method (simply because we are not big enough at this moment).

Vouchers/Airdrops will remain with 0% fee for a while. We considered to introduce a minuscule fee for airdrop creation but later discarded this idea to encourage token dev to use our platform.

[Colorblind]

What I really like about your service is that its BLAZING fast (have not tested withdrawals, only vouchers and airdrops). There are rough edges in web app design (lots of them to be fair) but the only time I saw spinner is when I created an account. Everything I did inside was as fast as if it was running on my local machine. I even tried redeeming vouchers between two accounts but failed to calculate delay, because it seems to be lower than my network latency.

I'd love to see how you guys handle the load.

[Totodecaan120]

How long does it take for a transaction account to be processed? What is the maximum amount I can transfer?