[ANN] BCNEX | The Ultimate Blockchain Trading Platform

[jumiapaul]

I think KYC is becoming increasingly important for the blockchain and everyone seem to take it very seriously I just hope the process wouldn't be as tedious

Its not bad to have kyc. My only wish is that the team should not misuse the data.

Would the KYC be done by BCNEX team of a third party?
As much as I understand the importance of the KYC, I also wouldn’t want to give out my personal information to be used with my consent.

Almost all exchanges require KYC customers to be able to serve better and I believe this is a reputable exchange so you don't have to worry about security issues. They support everyone very well and all my questions are answered very quickly. In my opinion, BCNEX can be considered the most potential exchange at the moment because their interface is really much better than other exchanges.

I agree with you concerning the fact that kyc is required by almost all exchange, especially the new ones.This is in line with the anti money laundering acts. The kyc is used to ensure that individuals trading with the exchange are known and their identity are available to be disclosed to the government when any need arises.

[Mrcharles]

Weekend is comming. BCNEX have working Projects and i think this project is a precious. Good Work and we will continously see progres this project BCNEX

I believe the project would be a a good source of investment, owing to the fact that the team are very hard working and committed to the success of the project.

Yes, the team are very assiduous and their level of commitment is outstanding. Am personally thrilled by their sense of urgency and consistency in responding to questions and giving explanation on their telegram group. Every investor needs to join the telegram group for any form of clarification that may be required to gain a better understanding of the project.

[Nathan01]

How much volume on your own exchange you have? Are you going to launch some IEO on your exchange like this making most of exchanges nowdays?

Bcnex platform is in Standby-Mode and has not yet officially launched. At this stage, we want to test, repair, and upgrade features as well as optimize the performance of the Bcnex trading platform.

About IEO, yes we are. Bcnex CEO wants to create a complete ecosystem (Bcnex Ecosystem) for Vietnamese innovative startup projects that work on blockchain and apply technology for social goods. His plan is backed by a Vietnamese national program, the 844, titled "Supporting the National Innovation Initiative to 2025" (ISEV).
Source of The National Program 844: http://en.dean844.most.gov.vn

For more information please watching closely in our roadmap.

Is there a possibility that there could be a change in launch of platform by any chance in the possible future? Are we sticking with the roadmap confidently

[67semih]

Trading competition will be very good for the project. So everybody can see its working. And I think Bcnex will proof itself to the crypto world.

[jumiapaul]

Trading competition will be very good for the project. So everybody can see its working.

Yes, that's true. Its an opportunity to carry out a practical review of the website and the various yardstick that have been installed for the proper working of the trading platform. But I doubt if withdrawal is possible without completing the kyc. Inorderwords, before participating in the trading competition, ensure you've completed and verified your account.

[ganeshramk]

Trading competition will be very good for the project. So everybody can see its working.

Trading competition? Where is it for BCNEX? any announcement came in recently? I thought they are going for ICO and not listing in the first instance.

[nxnqauff]

Is there a possibility that there could be a change in launch of platform by any chance in the possible future? Are we sticking with the roadmap confidently

As long as team sticks to their roadmap and promises, its already good. Lets wait for the team to update about the progress.

[frcat]

The kyc is actually done by Bcnex and I believe the team are aware of the fear of users loosing their personal information to unscrupulous third parties. I suggest that you carry out the kyc and hopefully there will be no cause for regret.

KYC is needed for token sale or for trading on exchange? I think they can lost a lot of potential customers with KYC, as most of already trusted and established exchange dont need KYC (Binance, Kucoin etc.)

[Bcnex]

Trading competition will be very good for the project. So everybody can see its working.

Trading competition? Where is it for BCNEX? any announcement came in recently? I thought they are going for ICO and not listing in the first instance.

In order to increase awareness of Bcnex within the crypto community about the upcoming launch of Bcnex’s testnet, Bcnex has decided to sponsor a simulated trading competition on the Bcnex testnet.

All users who have a Bcnex account will be ELIGIBLE to participate in this Bcnex Trading Competition with a total of 4 ROUNDS. Each participating Bcnex account will receive 100,000 virtual testnet USDT tokens to use as their starting funds before EACH round of the Trading Competition begins. KYC is required for those accounts.
Please refer to the trading competition announcement page for more information:
Link HERE

[jumiapaul]

How much volume on your own exchange you have? Are you going to launch some IEO on your exchange like this making most of exchanges nowdays?

Bcnex platform is in Standby-Mode and has not yet officially launched. At this stage, we want to test, repair, and upgrade features as well as optimize the performance of the Bcnex trading platform.

About IEO, yes we are. Bcnex CEO wants to create a complete ecosystem (Bcnex Ecosystem) for Vietnamese innovative startup projects that work on blockchain and apply technology for social goods. His plan is backed by a Vietnamese national program, the 844, titled "Supporting the National Innovation Initiative to 2025" (ISEV).
Source of The National Program 844: http://en.dean844.most.gov.vn

For more information please watching closely in our roadmap.

Is there a possibility that there could be a change in launch of platform by any chance in the possible future? Are we sticking with the roadmap confidently

I believe the team would strive to stick to the road map, but you never can tell what the future holds. So it's best to wait and see as the project unfolds. Let's hope for the best from the team. I know they are very hard working and would love to follow up with the road map.

[Mrcharles]

Trading competition will be very good for the project. So everybody can see its working.

Trading competition? Where is it for BCNEX? any announcement came in recently? I thought they are going for ICO and not listing in the first instance.

An announcement has been made few days ago, about the trading competition, which I guess is basically for the testing of the platform to see if bugs can be detected and corrected. The competition will be divided into four rounds and winners would be compensated with bcnex tokens and ethereum.

[Bcnex]

How much volume on your own exchange you have? Are you going to launch some IEO on your exchange like this making most of exchanges nowdays?

Bcnex platform is in Standby-Mode and has not yet officially launched. At this stage, we want to test, repair, and upgrade features as well as optimize the performance of the Bcnex trading platform.

About IEO, yes we are. Bcnex CEO wants to create a complete ecosystem (Bcnex Ecosystem) for Vietnamese innovative startup projects that work on blockchain and apply technology for social goods. His plan is backed by a Vietnamese national program, the 844, titled "Supporting the National Innovation Initiative to 2025" (ISEV).
Source of The National Program 844: http://en.dean844.most.gov.vn

For more information please watching closely in our roadmap.

Is there a possibility that there could be a change in launch of platform by any chance in the possible future? Are we sticking with the roadmap confidently

We have been working hard for the past 2 years. For the development roadmap we guaranteed adhere strictly.

[nwosuchristabe2]

How much volume on your own exchange you have? Are you going to launch some IEO on your exchange like this making most of exchanges nowdays?

Bcnex platform is in Standby-Mode and has not yet officially launched. At this stage, we want to test, repair, and upgrade features as well as optimize the performance of the Bcnex trading platform.

About IEO, yes we are. Bcnex CEO wants to create a complete ecosystem (Bcnex Ecosystem) for Vietnamese innovative startup projects that work on blockchain and apply technology for social goods. His plan is backed by a Vietnamese national program, the 844, titled "Supporting the National Innovation Initiative to 2025" (ISEV).
Source of The National Program 844: http://en.dean844.most.gov.vn

For more information please watching closely in our roadmap.

Is there a possibility that there could be a change in launch of platform by any chance in the possible future? Are we sticking with the roadmap confidently

We have been working hard for the past 2 years. For the development roadmap we guaranteed adhere strictly.

It's awesome to know that Bcnex guarantees to adhere strictly to the road map, this is another indicator that the team are very assiduous and committed to the success of the project.

[charlop24]

The kyc is actually done by Bcnex and I believe the team are aware of the fear of users loosing their personal information to unscrupulous third parties. I suggest that you carry out the kyc and hopefully there will be no cause for regret.

KYC is needed for token sale or for trading on exchange? I think they can lost a lot of potential customers with KYC, as most of already trusted and established exchange dont need KYC (Binance, Kucoin etc.)

The only constant phenomenon in life is change. There was a period in the cryptocurrency space where kyc was not required. There has been many cases of fraud and money laundry which has made governmental and non governmental institutions emphasis the use of kyc. Even in offline financial institutions, kyc is now a requirement for opening accounts and I believe its here to stay owing to the benefits its holds.

[Zurcermozz]

The kyc is actually done by Bcnex and I believe the team are aware of the fear of users loosing their personal information to unscrupulous third parties. I suggest that you carry out the kyc and hopefully there will be no cause for regret.

KYC is needed for token sale or for trading on exchange? I think they can lost a lot of potential customers with KYC, as most of already trusted and established exchange dont need KYC (Binance, Kucoin etc.)

The only constant phenomenon in life is change. There was a period in the cryptocurrency space where kyc was not required. There has been many cases of fraud and money laundry which has made governmental and non governmental institutions emphasis the use of kyc. Even in offline financial institutions, kyc is now a requirement for opening accounts and I believe its here to stay owing to the benefits its holds.

Yeah, i think that is the reason why kyc is needed, some of information being used is fake and some of them uses it in illegal activies.

[ganeshramk]

How much volume on your own exchange you have? Are you going to launch some IEO on your exchange like this making most of exchanges nowdays?

This is really confusing to me. Is the exchange already up and running? Am I missing anything? Please clarify.

[Darkness304]

How much volume on your own exchange you have? Are you going to launch some IEO on your exchange like this making most of exchanges nowdays?

This is really confusing to me. Is the exchange already up and running? Am I missing anything? Please clarify.

Just the  contest competition - ICO will start at 3 May, I’m really excited for ICO round coming

[pinoycash]

How much volume on your own exchange you have? Are you going to launch some IEO on your exchange like this making most of exchanges nowdays?

This is really confusing to me. Is the exchange already up and running? Am I missing anything? Please clarify.

Not yet, its just a trading competition https://www.bcnex.net/exchange.html?trade=USDT_BTC&lang=ph

Yeah, i think that is the reason why kyc is needed, some of information being used is fake and some of them uses it in illegal activies.

Having a KYC requirements will limit the initial growth of this exchange, so a non-kyc account should be available with lower limit.

[em777]

The kyc is actually done by Bcnex and I believe the team are aware of the fear of users loosing their personal information to unscrupulous third parties. I suggest that you carry out the kyc and hopefully there will be no cause for regret.

KYC is needed for token sale or for trading on exchange? I think they can lost a lot of potential customers with KYC, as most of already trusted and established exchange dont need KYC (Binance, Kucoin etc.)

The only constant phenomenon in life is change. There was a period in the cryptocurrency space where kyc was not required. There has been many cases of fraud and money laundry which has made governmental and non governmental institutions emphasis the use of kyc. Even in offline financial institutions, kyc is now a requirement for opening accounts and I believe its here to stay owing to the benefits its holds.

I totally agree with you but I still believe decentralization should be the most important factor and kyc is truly a good thing as it checkmate the security holes in the system

[Mrcharles]

How much volume on your own exchange you have? Are you going to launch some IEO on your exchange like this making most of exchanges nowdays?

This is really confusing to me. Is the exchange already up and running? Am I missing anything? Please clarify.

Not yet, its just a trading competition https://www.bcnex.net/exchange.html?trade=USDT_BTC&lang=ph

Yeah, i think that is the reason why kyc is needed, some of information being used is fake and some of them uses it in illegal activies.

Having a KYC requirements will limit the initial growth of this exchange, so a non-kyc account should be available with lower limit.

This is actually logical, the exchange could have a lesser withdrawal limit for accounts without kyc and increase the limit when kyc is completed. They Could also limit voting to kyc approved accounts. I believe this will give everyone an opportunity to use the exchange and due to the fact that they need to be more involved, they would willingly complete the kyc to get the benefits accrued.