[ANN] locked/moved

[wcxofficial]

So how does it work then for shorting? how do I calculate profits, liquidation, like deribit?

If you invest say 10 BTC in a short position, and price goes down 10%, you make 10% * 10 BTC = 1 BTC. If price had gone up, you'd have lost that same amount.

If you expect prices to go up, you go long; if you expect prices to go down, you go short.

The liquidation is the price at which your position loses 80% - that's when it is auto closed to cover your margin.

[Pudle_Pump]

People that complain and fabricate, stretch the truth on how WXC/WCEX (whatever you want to call it)

1. If you lost your XT balance, it is because you did something outside the T&C like having your referrals VERIFY themselves
2. If your XT and BTC balance show 0 when you login, delete all browser cookies, cache, data stored, from WCEX. Restart the browser, congrats, your balance is back. WCEX hasn't been live for even a year, it will have little bugs like this, remember Binance and the API hack? Gox? BTC-e? Cryptsy? Cryptopia? Give these guys a break, message support like I have had to do in the past and they WILL help you!
Anyone can make hundreds of new accounts and rake in free tokens, of course those tokens weren't (and shouldn't) be credited to you accounts!
With all the coins lost, scams, going on and that have gone on in crypto-world like 90% of the ICO's... We're still shaming this exchange that features options never seen before anywhere else?

If someone has a place you can trade leverage up to 300x on Forex?! Trade against silver, oil, crypto, and tons more please share where this is. The native XT token's price is absurd, in price. It's like when a high risk far-fetched idea comes around asking for your BTC everyone throws money they can't afford to lose into it. The writing is on the wall screen guys. Claim what you want, do what you want, all I can say is I am so thankful WCEX has come around and changed the game when it comes to trading . That's all just opinion though, and everyone else is entitled to their own.

[shaw1]

People that complain and fabricate, stretch the truth on how WXC/WCEX (whatever you want to call it)

1. If you lost your XT balance, it is because you did something outside the T&C like having your referrals VERIFY themselves
2. If your XT and BTC balance show 0 when you login, delete all browser cookies, cache, data stored, from WCEX. Restart the browser, congrats, your balance is back. WCEX hasn't been live for even a year, it will have little bugs like this, remember Binance and the API hack? Gox? BTC-e? Cryptsy? Cryptopia? Give these guys a break, message support like I have had to do in the past and they WILL help you!
Anyone can make hundreds of new accounts and rake in free tokens, of course those tokens weren't (and shouldn't) be credited to you accounts!
With all the coins lost, scams, going on and that have gone on in crypto-world like 90% of the ICO's... We're still shaming this exchange that features options never seen before anywhere else?

If someone has a place you can trade leverage up to 300x on Forex?! Trade against silver, oil, crypto, and tons more please share where this is. The native XT token's price is absurd, in price. It's like when a high risk far-fetched idea comes around asking for your BTC everyone throws money they can't afford to lose into it. The writing is on the wall screen guys. Claim what you want, do what you want, all I can say is I am so thankful WCEX has come around and changed the game when it comes to trading . That's all just opinion though, and everyone else is entitled to their own.

This is your accounts first post in a over a year. You'll pardon me being skeptical.

Your points are all BS that my previous posts addressed.

Re 1: Haven't lost my XT balance. Just not allowed to withdraw it from their platform.
Re 2: Doesn't show 0.

I don't care what this BS platform can do. If they are untrustworthy, (and I am bringing a credible accusation against them that they have never denied),  then no one should trust them.

You are a shill. The previous poster (hosadrone) who chose to contest my posts was also one.
Both of you "recently woke up from long periods of inactivity".
Both of you are new users who are incredibly passionate about this one platform, and don't seem to have any interest in posting anywhere else in the forum.
Both of you use a lot of words to say very little, but blindly defend WCX.
Both of you apparently have some driving need to defend a random exchange. Platform.

I would like to suggest to you that you log out of these accounts, and back into your main wcxofficial account, and answer my accusation of theft.

[wcxofficial]

Yeah, no - we have nothing to do with those accounts. We've responded to your issue several times already @shaw1.

IF YOU ARE A US RESIDENT, you cannot use XT or WCX due to regulations. Don't blame us. Call your congressman/woman.

IF YOU BOUGHT XT at the ICO, you can take it, wherever you are.

BUT... it does not seem you even BOUGHT XT at the ICO.

If you're telling us you referred spam and expect payment, we have bad news for you.

But if you referred legitimate folks who BOUGHT XT at the ICO, and this is the last time I can say this because I've said it so many times already... CONTACT OUR SUPPORT TEAM. support@wcex.com

Thanks.

[shaw1]

Yeah, no - we have nothing to do with those accounts. We've responded to your issue several times already @shaw1.

IF YOU ARE A US RESIDENT, you cannot use XT or WCX due to regulations. Don't blame us. Call your congressman/woman.

IF YOU BOUGHT XT at the ICO, you can take it, wherever you are.

BUT... it does not seem you even BOUGHT XT at the ICO.

If you're telling us you referred spam and expect payment, we have bad news for you.

But if you referred legitimate folks who BOUGHT XT at the ICO, and this is the last time I can say this because I've said it so many times already... CONTACT OUR SUPPORT TEAM. support@wcex.com

Thanks.

I am planning to try to get some default trust people in here to investigate this, and hopefully tag you guys with negative trust, for scamming. You apparently have no interest in resolving this issue.

BUT... it does not seem you even BOUGHT XT at the ICO.

I never claimed I bought any! I referred people who did!

If you're telling us you referred spam and expect payment, we have bad news for you.

They BOUGHT your token.

I will not go offsite, because bitcointalk is neutral ground. Your support will give me the same one line BS that I, and many others got in the official ICO thread. Only there won't be witnesses, or repercussions. I stay here.

You have your support team contact me. The burden should be on the people who stole, not the people who got robbed.

[Pudle_Pump]

People that complain and fabricate, stretch the truth on how WXC/WCEX (whatever you want to call it)

1. If you lost your XT balance, it is because you did something outside the T&C like having your referrals VERIFY themselves
2. If your XT and BTC balance show 0 when you login, delete all browser cookies, cache, data stored, from WCEX. Restart the browser, congrats, your balance is back. WCEX hasn't been live for even a year, it will have little bugs like this, remember Binance and the API hack? Gox? BTC-e? Cryptsy? Cryptopia? Give these guys a break, message support like I have had to do in the past and they WILL help you!
Anyone can make hundreds of new accounts and rake in free tokens, of course those tokens weren't (and shouldn't) be credited to you accounts!
With all the coins lost, scams, going on and that have gone on in crypto-world like 90% of the ICO's... We're still shaming this exchange that features options never seen before anywhere else?

If someone has a place you can trade leverage up to 300x on Forex?! Trade against silver, oil, crypto, and tons more please share where this is. The native XT token's price is absurd, in price. It's like when a high risk far-fetched idea comes around asking for your BTC everyone throws money they can't afford to lose into it. The writing is on the wall screen guys. Claim what you want, do what you want, all I can say is I am so thankful WCEX has come around and changed the game when it comes to trading . That's all just opinion though, and everyone else is entitled to their own.

This is your accounts first post in a over a year. You'll pardon me being skeptical.

Your points are all BS that my previous posts addressed.

Re 1: Haven't lost my XT balance. Just not allowed to withdraw it from their platform.
Re 2: Doesn't show 0.

I don't care what this BS platform can do. If they are untrustworthy, (and I am bringing a credible accusation against them that they have never denied),  then no one should trust them.

You are a shill. The previous poster (hosadrone) who chose to contest my posts was also one.
Both of you "recently woke up from long periods of inactivity".
Both of you are new users who are incredibly passionate about this one platform, and don't seem to have any interest in posting anywhere else in the forum.
Both of you use a lot of words to say very little, but blindly defend WCX.
Both of you apparently have some driving need to defend a random exchange. Platform.

I would like to suggest to you that you log out of these accounts, and back into your main wcxofficial account, and answer my accusation of theft.

Lol, I just like the site man. I think it's worth sharing with people because of its advantages and features of exchanges do not have. Using the term platform is just to refer to the leverage side of the website where you can long and short. When the word "exchange" is used that would be referencing the XT exchange (where you do not long or short). Simple miscommunication.

1. Why can you not withdraw?
2. That's good, just anyone reading that might have this problem, the possibility of you even... That is the simple fix to it, just trying to help.

[mewlander]

I'm new to this but starting to get it. I've been trading on demo mode in the past week and I like it, really good job on the interface. My questions:

- can I reload the BTC balance to an amount of my choice. When I reload it refills it with 10 BTC, I would want to refill with less, kinda to simulate the real account.

- when switching to the real account, what the document/KYC requirement?

- Any plan for 1/ ETH funded derivatives, 2/ USDT funded.

[wcxofficial]

I'm new to this but starting to get it. I've been trading on demo mode in the past week and I like it, really good job on the interface. My questions:

- can I reload the BTC balance to an amount of my choice. When I reload it refills it with 10 BTC, I would want to refill with less, kinda to simulate the real account.

- when switching to the real account, what the document/KYC requirement?

- Any plan for 1/ ETH funded derivatives, 2/ USDT funded.

1/ This is on our roadmap. Currently it tops up your demo balance to 10 BTC if it's below that amount.

2/ Please see here for what's required in KYC: https://docs.wcex.com/id-verification.

3/ We don't currently have plans for ETH funded derivatives - we don't think ETH is the right fit for that. Stablecoins are on our roadmap, perhaps not USDT, but something with more oversight like USDC.

[marcotheminer]

What are your plans in store for the XT token? Will it be listed on other exchanges? 0.06% decay is quite high (and daily if I'm correct), is there anything to avoid this for longer-term positions trade may take or should WCX be used (mainly) for short-term trades? Thanks, nice looking site and the demo is performing very well so far.

EDIT: what are the advantages of holding the XT token? I read there's a share of commission (right?), how much has that being approximately in the past month?

[AdolfinWolf]

This looks very interesting, and i am particularly interested in trading regular stocks with bitcoin directly.

I'm just wondering a couple things. (Forgive me if you've already stated this...)

1. What are the direct fees associated with buying stocks w/ bitcoin? None?

2. Is your stock brokerage insured, and up to how much? I love all the words of you being "protected" against hacks, but i'd feel a lot safer knowing that you have something like SIPC, (again, forgive my ignorance if this specific service is not applicable on your brokerage/area of operations, but i'm assuming you get what i mean.)
(Otherwise, what's the use of KYC in the first place? I'm guessing you could operate the same way as Bitmex?)

3. How is "decay" - https://docs.wcex.com/trading/decay not a fee for the user? Is there any way to open positions without margins in that case?
(Otherwise, it'll potentially be very taxing to hold longterm positions?)

And now the (second) most important question, for which i can't find anything about on your site;

4. You're offering a number of stocks which provide dividend. When/How/in what currency will users receive that if they're buying a stock in which it is applicable?
(Or will we not receive dividend at all?)

Is there a TLDR what happend to your ICO, if anything happend at all? I'm not really following it..?

[btcusdup]

Suggested market additions

Dash
ICT
XRP
ZRX

USD/ILS

[rdbase]

It is good to see an official announcement thread when the exchange came out of demo mode from when I remember first reading about it over a year ago. I did sign up to receive the tokens but then it did say you need to pass some kind of kyc/aml screening process which turned me off of claiming those few tokens given.
Still good to have some competition to bitmexs dominance in the field of long and short trading of bitcoin and other altcoins.
Might give it a try when I get some crypto together to make it worth it and will keep up with the thread when the time comes to join in on trading there.

[marcotheminer]

Suggested market additions

Dash
ICT
XRP
ZRX

USD/ILS

Thanks for the suggestions. We have plenty more markets coming, including lots of cryptos to long and short with BTC. Also FX pairs and international equities.

This is going to be awesome, I've added your site to my signature link to promote it about the forum a bit.

[hosadrone]

Thanks for the updates. Loving the site 👍

[incog33]

When french stocks?

[marcotheminer]

There is some nice movements going on with XT. <10 Sat is the place to get in imo.

[jimmymc]

What are your plans in store for the XT token? Will it be listed on other exchanges? 0.06% decay is quite high (and daily if I'm correct), is there anything to avoid this for longer-term positions trade may take or should WCX be used (mainly) for short-term trades? Thanks, nice looking site and the demo is performing very well so far.

EDIT: what are the advantages of holding the XT token? I read there's a share of commission (right?), how much has that being approximately in the past month?

Xt benefits from a continuous buyback program: https://docs.wcex.com/company/x-token.

Regarding decay, it is actually calculated automatically based on 1D-volatility. Markets like EUR/USD have 0.01% decay most of the time. In practice, decay makes very little difference on your position as long as you don't hold it months on end.

There are no commission payments at this time for holding XT, as that would make it a security, but we are looking at different things of the sort, including rebates/bonuses like BNB.

Originally though, pre-ICO I think it was stated that there was going to be commission / dividends for XT holders. I know it's why I bought into it, and I'm sure so many others did too. Then that commitment seemed to just disappear.

Was there ever any official word as to why that was withdrawn?

I've seen people ask the question in the telegram channel only to be kicked out.

I would really like to see some official comment...

https://steemitimages.com/DQmeM3cBiFpGQzw19QoVjAH9gMzHM6TZGo5XYePjj3qADKs/Price%20of%20token.JPG

[Joe Black]

Wcex is a scam broker!

After depositing your funds and trading (at least 30 BTC) they will disable your account! No answers and explanation from WCEX why!

So obviously fraud!

[jimmymc]

can you show some proof?

[Joe Black]

Of course, I'll show you the evidence in the right place.

Jamie from WCX <jamie.d@wcx.intercom-mail.com>
   Mon, XXX days ago)      
 
to me
 
   
Hello! Your account was disabled by our system because you did one of the following:
•   created multiple accounts
•   used a VPN or proxy service
•   using WCX from a restricted location
•   participated in illegitimate Telegram referral schemes
•   colluded with other users to place trades
•   used another method designed to take advantage of the free welcome bonus
Thank you for understanding. For more information on the welcome bonus terms and conditions, please see the support article here: http://support.wcex.com/en/articles/3392678-welcome-bonus