Does Fork Delta affects the crypto negatively?

[wavug]

I don't think that ED/FD/IDEX or any other DEX's generally affects the entire market, as it has very small volumes, and if we talk about private keys, its better to use metamask or hardware wallet and you will be safe.  

[florac9]

Forkdelta solve the issue of selling off tokens at cheaper rate and seem more easier for me ,I don't think it is an issue because bounty hunters are dumping on forkdelta ,if forkdelta doesn't exist they will still dump on other exchanges

[innocentone]

There are many exchanges that is on the market, many people also are focused on gaining profits on their cryptos.
I just noticed that Fork Delta is something to worry about. I see, many people here are using it to sell their tokens right after they received it especially bounty hunters.
They sell it in a low price and synonumously dumping their tokens even if they know it is promising in the future.
Another thing I see is that, you need to import your private key which I find unsecured.

I doesn't think that way but my way of thinking is that forkdelta is an opporunity to others. It's pretty sure that the value of token there is so low and when it enter an exchange, the price go up a more than 10x or 5x the worst. 500% profit is a good money already.

[dhiraj0977]

It really affects, even I have bounty coins, which I am still holding as forkdelta listed those coins at a very low unexpected rate, which I personally never feel to sell, and nobody should, even their price for very good projects are very, very low when they launch any coins and that really affects crypto market.

[Moriwhite]

I don't think that ED/FD/IDEX or any other DEX's generally affects the entire market, as it has very small volumes, and if we talk about private keys, its better to use metamask or hardware wallet and you will be safe.  

try to recommend the wallet that you mean, I know Ledger Nano S and Ledger Blue. Do you think this hardware wallet is safe?

[libert19]

If someone is selling, someone is buying. So it's just a fair distribution. Regarding entering private key, you can also connect your ledger nano to be more safe.

[rosezionjohn]

I just noticed that Fork Delta is something to worry about. I see, many people here are using it to sell their tokens right after they received it especially bounty hunters.

I do not see any problem here. If you got problem with the exchange, then just wait for the token to be listed elsewhere to buy or sell.

They sell it in a low price and synonumously dumping their tokens even if they know it is promising in the future.

How do you know that they know?

Another thing I see is that, you need to import your private key which I find unsecured.

You can simply use metamask extension if you do not want to import your private keys into their exchange.

[wavug]

I don't think that ED/FD/IDEX or any other DEX's generally affects the entire market, as it has very small volumes, and if we talk about private keys, its better to use metamask or hardware wallet and you will be safe.  

try to recommend the wallet that you mean, I know Ledger Nano S and Ledger Blue. Do you think this hardware wallet is safe?

Ledger Nano S, Ledger Nano X, Ledger Blue, Trezor One, Trezor T, KeepKey. I'd pick the first one from their official site.

[poodle63]

If someone is selling, someone is buying. So it's just a fair distribution. Regarding entering private key, you can also connect your ledger nano to be more safe.

You are joking with your statement because you didn't wanna know how it works. It works really different with centralized exchange site which you can your coin even in zero rates. Basically that kind of fail system that created by etherdelta.

[electronicash]

price of token when it get listed on forkdelta usually drop but its going to be a good opportunity also for the investors who wants to buy, price usually drag down because of bounty hunters but look at it like its being bought by the investors who wants to pick for cheaper price and gain high when development of the project kicks.

[Dobby070]

I think for some reason yes. I do experience joining a bounty and there comes a scenario when I want to sell my tokens in a low price and the only exchange available is on fork delta that's why it affects the price of the altcoin.

[Lpim01]

I think for some reason yes. I do experience joining a bounty and there comes a scenario when I want to sell my tokens in a low price and the only exchange available is on fork delta that's why it affects the price of the altcoin.

You can't put a blame neither. You might be lucky that your token is already listed in fd though the price is so disappointing. If the price does noy satisfied you, then you don't need to sell it and wait for another exchanges.
It happens all the times and FD will be the lowest market price exchange and due to its market volume. Don't expect for a high price with FD.

[shoreno]

fork delta isnt a threat to cryptos because it is only an  exchange ( a bad exchange ) .  not all will find it interesting aside from a verry desperate seller . there's no one to blame here when the cryptos are dumping because that is only normal and part of the game  .

Regarding entering private key, you can also connect your ledger nano to be more safe.

You are joking with your statement because you didn't wanna know how it works. It works really different with centralized exchange site.

libert19 is correct .  forkdelta supports hardware wallet ( ledger nano )  . you were the one that didnt know how forkdelta works   .

Forkdelta solve the issue of selling off tokens at cheaper rate .

so do you mean you can now sell your tokens at higher rate when you use fork delta ?   no mate  . fork delta didnt solve  the issue of selling off tokens at cheaper rate because their pricing rates were also pretty cheap  compare to other dex exchange  .

[Rengga Jati]

Actually, I will not say about it because not all coins in this forkdelta is bad after listing on it. However, to tell the truth, most coins are worse after entering in this exchange. It has lower price than in the other exchange. this is so sad but I think this is fact. Moreover, we may find out many dead coins in this Forkdelta.

[TheReverend]

that's the advantages and disadvantages, but the goal of crypto was created to decentralize everything and become transparent.
but if the project is indeed good, they will survive even though the price drops when it is released in the market.

[waaat?]

There are many exchanges that is on the market, many people also are focused on gaining profits on their cryptos.
I just noticed that Fork Delta is something to worry about. I see, many people here are using it to sell their tokens right after they received it especially bounty hunters.
They sell it in a low price and synonumously dumping their tokens even if they know it is promising in the future.
Another thing I see is that, you need to import your private key which I find unsecured.

Their volumes are so low that I'm not worried about price dump by ForkDelta. Yes, many bounty hunters sold their tokens but I personally and other people bought many interesting coins there before listings on the big exchanges.

[Bomber007]

First of all, Forkdelta is a decentralised exchange based on the Ethereum Blockchain, this means that only Ethereum based tokens can be traded there and secondly, it is advisable to use a seperate wattet for your trading in decentralised exchanges.

[Xtinah]

Yes... Many hunters dump their tokens on Forkdelta once gotten at very low prices even before the project is listed on any better exchange. The sell and buy prices are determined by the dumpers thereby spoiling the project. I agree, Forkdelta affects crypto negatively.

[Prolifik]

ForkDelta is like another decentralized exchange, so I do not understand why it may affect the price.
For me decentralized exchanges is the best way how to trade coins - minimum fees, no KYC.

[dewildance]

There are many exchanges that is on the market, many people also are focused on gaining profits on their cryptos.
I just noticed that Fork Delta is something to worry about. I see, many people here are using it to sell their tokens right after they received it especially bounty hunters.
They sell it in a low price and synonumously dumping their tokens even if they know it is promising in the future.
Another thing I see is that, you need to import your private key which I find unsecured.

Forkdelta is definitely a platform that should not be used by new entrants. Unfortunately, there is no room for anyone with little market knowledge. Otherwise, they may lose a lot of money.