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Author Topic: [ANN] BCNEX | The Ultimate Blockchain Trading Platform  (Read 20152 times)
charlop24
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June 05, 2019, 06:51:17 PM
 #1101

As i went through the BCNEX website i found they mentioned  Hardcap is reached stating 38.78% i think it should be soft cap instead of hardcap.

They meant that 38.78% of the hardcap has been achieved. Which is correct. The soft cap is $2m while the hardcap is $30m.
The information on the website meant that 38.78% of $30m has been received which is about $11.634m.

From the computation the softcap has been long achieved with an excess of over $9m.

BCNEX Tran talked about a new investing team, that has the interest in investing a huge amount in the exchange project. And that was the reason for the increased hardcap. Well, what now?

I guess the investing team is yet to make the substantial investment as there hasn't been any noticeable changes in the hardcap for a while now. We still have about 3 more weeks before the end of tokensale, let's see how it goes.
Lizcrypto
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June 05, 2019, 07:15:25 PM
 #1102

As i went through the BCNEX website i found they mentioned  Hardcap is reached stating 38.78% i think it should be soft cap instead of hardcap.

They meant that 38.78% of the hardcap has been achieved. Which is correct. The soft cap is $2m while the hardcap is $30m.
The information on the website meant that 38.78% of $30m has been received which is about $11.634m.

From the computation the softcap has been long achieved with an excess of over $9m.
although this is so confusing seems to me  still trying to figure it out...well thank you so much for sharing this information .
jumiapaul
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June 05, 2019, 08:13:17 PM
 #1103

As i went through the BCNEX website i found they mentioned  Hardcap is reached stating 38.78% i think it should be soft cap instead of hardcap.

They meant that 38.78% of the hardcap has been achieved. Which is correct. The soft cap is $2m while the hardcap is $30m.
The information on the website meant that 38.78% of $30m has been received which is about $11.634m.

From the computation the softcap has been long achieved with an excess of over $9m.
although this is so confusing seems to me  still trying to figure it out...well thank you so much for sharing this information .

Sorry for getting you more confused. The best explanation is that the hardcap hasn't been reached, rather it's the soft cap that has been achieved. Do hope you understand the explanation now. Computations are not always the best for everyone.
Mrcharles
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June 05, 2019, 11:51:39 PM
 #1104

As i went through the BCNEX website i found they mentioned  Hardcap is reached stating 38.78% i think it should be soft cap instead of hardcap.

They meant that 38.78% of the hardcap has been achieved. Which is correct. The soft cap is $2m while the hardcap is $30m.
The information on the website meant that 38.78% of $30m has been received which is about $11.634m.

From the computation the softcap has been long achieved with an excess of over $9m.

This is confusing a lot. They mentioned hardcap is reached, it's not mentioned as 38.xx percentage of hardcap is reached.

Okay, I can see the point, the mistake is from their end as the hardcap is yet to be reached. They ought to write that the softcap has been reached. The last update we received on the thread told us that the softcap has been reach and a huge chunk of the tokens has been sold.
Zurcermozz
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June 06, 2019, 01:03:47 AM
 #1105

As i went through the BCNEX website i found they mentioned  Hardcap is reached stating 38.78% i think it should be soft cap instead of hardcap.

They meant that 38.78% of the hardcap has been achieved. Which is correct. The soft cap is $2m while the hardcap is $30m.
The information on the website meant that 38.78% of $30m has been received which is about $11.634m.

From the computation the softcap has been long achieved with an excess of over $9m.

BCNEX Tran talked about a new investing team, that has the interest in investing a huge amount in the exchange project. And that was the reason for the increased hardcap. Well, what now?

I guess the investing team is yet to make the substantial investment as there hasn't been any noticeable changes in the hardcap for a while now. We still have about 3 more weeks before the end of tokensale, let's see how it goes.

yeah, its about to end for this 3 weeks , but i guess that the team will adjust the end of token sale or extend it more further. Just my opinion, because there are many projects who made a point like this and extend it. Let us see what is team members/admin move.
ning_aric
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June 06, 2019, 02:36:18 AM
 #1106

Less reply from the team on bitcointalk. Seems they are busy with the exchange. Does the team have a plan for an iOS or android application?

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Pricebrianer
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June 06, 2019, 02:45:34 AM
 #1107

Seems BCNEX already has what looks like an exchange on the official website. But it doesn’t have most crypto currency, just BTC. When do you plan to add more coins?
I think we should be on the watch out, they will diffinately add up other coins probably when they go live by July.

Hopefully they add up just the best coins, shitty coins just take away money from the exchange. Would be nice to see BCNEX listing product that already has a usecase.

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Lizcrypto
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June 06, 2019, 02:50:48 AM
 #1108

As i went through the BCNEX website i found they mentioned  Hardcap is reached stating 38.78% i think it should be soft cap instead of hardcap.

They meant that 38.78% of the hardcap has been achieved. Which is correct. The soft cap is $2m while the hardcap is $30m.
The information on the website meant that 38.78% of $30m has been received which is about $11.634m.

From the computation the softcap has been long achieved with an excess of over $9m.
although this is so confusing seems to me  still trying to figure it out...well thank you so much for sharing this information .

Sorry for getting you more confused. The best explanation is that the hardcap hasn't been reached, rather it's the soft cap that has been achieved. Do hope you understand the explanation now. Computations are not always the best for everyone.
oh..thanks for clarifying..u have explained well.
Getadaaa
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June 06, 2019, 02:51:26 AM
 #1109

Check out BCNEX recent tweet on what to lookout for when you want to invest in a crypto project. https://twitter.com/bcnex_net/status/1135154349020254208  


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Zurcermozz
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June 06, 2019, 03:06:27 AM
 #1110

Check out BCNEX recent tweet on what to lookout for when you want to invest in a crypto project. https://twitter.com/bcnex_net/status/1135154349020254208  



Bcnex members want to show that investing on something we don't know is really risk and make a huge loss if its a mistake. Agree on BCNEX, if you really want to profit something and you want to become a great trader, you must research for your our own good. What a nice advice!
Anilbg
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June 06, 2019, 06:32:16 AM
 #1111

Check out BCNEX recent tweet on what to lookout for when you want to invest in a crypto project. https://twitter.com/bcnex_net/status/1135154349020254208  



Bcnex members want to show that investing on something we don't know is really risk and make a huge loss if its a mistake. Agree on BCNEX, if you really want to profit something and you want to become a great trader, you must research for your our own good. What a nice advice!

Frankly speaking, Crypto investment is still a major risk. Last year how many ICO was listed successfully? Most of them were scams. That's why in depth analysis and risk management should be done before investing.
Mrcharles
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June 06, 2019, 07:18:16 AM
 #1112

Less reply from the team on bitcointalk. Seems they are busy with the exchange. Does the team have a plan for an iOS or android application?

The team really needs to consider getting an android and ios app after the commencement of the exchange. This will give users greater flexibility and convenience in using the exchange. Most exchange are investing into providing mobile applications for users.
jumiapaul
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June 06, 2019, 07:22:52 AM
 #1113

As i went through the BCNEX website i found they mentioned  Hardcap is reached stating 38.78% i think it should be soft cap instead of hardcap.

They meant that 38.78% of the hardcap has been achieved. Which is correct. The soft cap is $2m while the hardcap is $30m.
The information on the website meant that 38.78% of $30m has been received which is about $11.634m.

From the computation the softcap has been long achieved with an excess of over $9m.

BCNEX Tran talked about a new investing team, that has the interest in investing a huge amount in the exchange project. And that was the reason for the increased hardcap. Well, what now?

I guess the investing team is yet to make the substantial investment as there hasn't been any noticeable changes in the hardcap for a while now. We still have about 3 more weeks before the end of tokensale, let's see how it goes.

yeah, its about to end for this 3 weeks , but i guess that the team will adjust the end of token sale or extend it more further. Just my opinion, because there are many projects who made a point like this and extend it. Let us see what is team members/admin move.

I personally don't think extension is the best option if the hardcap is not attained. The team should be able to start the trading platform and utilize the amount made by the exchange to continue their project. Investors are not happy with the increase in hardcap and extending the launch date for the exchange would be abysmal.
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June 06, 2019, 08:37:28 AM
 #1114

If i do my KYC  what kind of mechanism Of security BCNEX will provide to ensure that they will not disclose my identity to the third party??

Yeah,  I too don't want to disclose my identity to unknown person.  Or don't want that some hackers have access to my ID.

I shoot this message to Admin, when I get reply I will send here, most projects do not really expose the third service company handling KYC in most cases but lets see

These KYC related things should be handled very carefully. Identify thefts are bigger concerns. Please share the response here once you get response from Admins.

According to one of the admin here are his response to the question.

"We make partner with a company in our country. They are working on credit informations center (CIC)"

Further research suggest to me that this company is quite credible.

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nxnqauff
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June 06, 2019, 10:11:42 AM
 #1115

Check out BCNEX recent tweet on what to lookout for when you want to invest in a crypto project. https://twitter.com/bcnex_net/status/1135154349020254208  



Bcnex members want to show that investing on something we don't know is really risk and make a huge loss if its a mistake. Agree on BCNEX, if you really want to profit something and you want to become a great trader, you must research for your our own good. What a nice advice!

I certainly agree on the article from BCNEX. I have my own bad expensive experience in investing in wrong project earlier.

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chan001
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June 06, 2019, 11:22:00 AM
 #1116

If i do my KYC  what kind of mechanism Of security BCNEX will provide to ensure that they will not disclose my identity to the third party??

Yeah,  I too don't want to disclose my identity to unknown person.  Or don't want that some hackers have access to my ID.

I shoot this message to Admin, when I get reply I will send here, most projects do not really expose the third service company handling KYC in most cases but lets see

These KYC related things should be handled very carefully. Identify thefts are bigger concerns. Please share the response here once you get response from Admins.

According to one of the admin here are his response to the question.

"We make partner with a company in our country. They are working on credit informations center (CIC)"

Further research suggest to me that this company is quite credible.

BCNEX is having partners like Akamai as well for the security. This name is also well known. BCNEX partners are good.
charlop24
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June 06, 2019, 12:02:29 PM
 #1117

As i went through the BCNEX website i found they mentioned  Hardcap is reached stating 38.78% i think it should be soft cap instead of hardcap.

They meant that 38.78% of the hardcap has been achieved. Which is correct. The soft cap is $2m while the hardcap is $30m.
The information on the website meant that 38.78% of $30m has been received which is about $11.634m.

From the computation the softcap has been long achieved with an excess of over $9m.

BCNEX Tran talked about a new investing team, that has the interest in investing a huge amount in the exchange project. And that was the reason for the increased hardcap. Well, what now?

I guess the investing team is yet to make the substantial investment as there hasn't been any noticeable changes in the hardcap for a while now. We still have about 3 more weeks before the end of tokensale, let's see how it goes.

yeah, its about to end for this 3 weeks , but i guess that the team will adjust the end of token sale or extend it more further. Just my opinion, because there are many projects who made a point like this and extend it. Let us see what is team members/admin move.

I personally don't think extension is the best option if the hardcap is not attained. The team should be able to start the trading platform and utilize the amount made by the exchange to continue their project. Investors are not happy with the increase in hardcap and extending the launch date for the exchange would be abysmal.

Am in agreement with your posting, no further extension is needed as the softcap has been reached. We await the investors who necessitated the increase in hardcap and if they don't show up we assume there no required and make do with the funds at hand.
nwosuchristabe2
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June 06, 2019, 12:07:23 PM
 #1118

Seems BCNEX already has what looks like an exchange on the official website. But it doesn’t have most crypto currency, just BTC. When do you plan to add more coins?
I think we should be on the watch out, they will diffinately add up other coins probably when they go live by July.

Hopefully they add up just the best coins, shitty coins just take away money from the exchange. Would be nice to see BCNEX listing product that already has a usecase.

Bcnex needs to be careful of the projects that are being listed and set up a structure which will help to churn out inactive projects from the exchange.
Only promising projects with huge potentials and real usecase should be listed to avoid the exchange being a dumping ground for never do well projects.
ning_aric
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June 06, 2019, 12:12:38 PM
 #1119

I don’t know what features BCNEX would bring into the game of best exchanges. But they’ll have to be smart about it, work on promotions and be sincere with investors. These three horsemen always win.

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jumiapaul
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June 06, 2019, 12:13:51 PM
 #1120


According to one of the admin here are his response to the question.

"We make partner with a company in our country. They are working on credit informations center (CIC)"

Further research suggest to me that this company is quite credible.

BCNEX is having partners like Akamai as well for the security. This name is also well known. BCNEX partners are good.

For any project to do well, the team needs to understand the power of synergy. There's greater benefits when good partnerships are formed for the sustainability of the projects involved. There's no doubt that BCNEX is making great effort to make superb partnerships.
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