New Startups companies

[weidex]

I keep the main assets on large exchanges that already have a status in the cryptocurrency market. new exchanges have not yet proved their right to be on the market

Okay, but how new exchanges can prove to the market when guys like you don't even give a chance to try it out and make some trades on the platform? Looking forward

[Babyrica0226]

Do you believe in the crypto startups? As a member of a startup exchange I want to ask you:

Do you go and give a chance on new exchanges or you stick on the same for a long time?
If not why ?

If you are a bounty hunters here, this is most probably happened when after ico was done, usually the token rewards always listed
on a new exchange, so since the bounty hunters had no choice whether they like it or not selling their token will be done for sure for them to gain bitcoin or Ethereum. But in a normal trade I won't do it or go for that things.

[weidex]

I keep the main assets on large exchanges that already have a status in the cryptocurrency market. new exchanges have not yet proved their right to be on the market

I totally agree with you. I do not want to risk my money by trading on little-known exchanges. Too many scammers around us.

Let me ask you as a member of DEX startup ..how can an exchange prove to you that they don't want to scam you?

[weidex]

I stick for the long time and reputable exchanges but I'm open of trying new exchange. What if they are giving better fees than the old ones. Testing with small amount wouldn't hurt my savings to check and see on how good/bad the exchange is. But if that new exchange does really have an intention to scam their customers, everyone will eventually find it out. Honestly is the best policy and especially if you are building your own position to the market and want to compete with big exchanges.

Good point of view. So that you give a chance to the new markets, you can check out our platform -- https://weidex.market

[weidex]

Do you believe in the crypto startups?

yes i do

As a member of a startup exchange I want to ask you:

you are a member from startup based on crypto currency exchange companies, right ?
can you tell me what is the name of the exchange ?

Do you go and give a chance on new exchanges or you stick on the same for a long time?
If not why ?

of course i will go and give a chance to the new exchange
but, firstly a new exchange should have a good security system and a good trading volume
a good trading volume its depends on how you and your team promote your project to your target market buddy
and a lot of benefits for traders who using your exchange platform, also fast respond from your support center is needed

Hey bud, https://weidex.market is our platform, you can check it out and give a feedback if you want. Thanks!

[weidex]

Personally i do not liketo switch exchanges because it is not a simple process it is just like changing your bank account because not only you need to register and get verified on the new exchange but also you have to transfer all your deposits and trading coins which is an uphill task for me, i truly hope there will soon be an all exchange platform available where only one account will be required to trade at all exchanges connected via api etc.

on decentralized exchanges, you don't make a registration and waiting for approval after that like on CEXs..you just need your metamask

[weidex]

Do you believe in the crypto startups? As a member of a startup exchange I want to ask you:

Do you go and give a chance on new exchanges or you stick on the same for a long time?
If not why ?

So the name of youre exchange is weidex? Actually depends on youre platform if you have a good offer for the clients or traders they can use and probably more users will come to you. Take a look on bitmax, they are actually a new exchange compared to previous and existing one, but they handle to become one of the top liquidity exchange for a short period of time. The key here is the platform use case and what you can give the users benefit compared to other old exchanges.

Yes, we are weiDex. Anyway Bitmax are CEX, we are DEX. As I see the trend very few people have the courage to make a change from CEX to DEX.

[weidex]

Do you believe in the crypto startups? As a member of a startup exchange I want to ask you:

Do you go and give a chance on new exchanges or you stick on the same for a long time?
If not why ?

   For me crypto-currencies are start-us! After how long one company stops to be start-up? After its fully
developed or after 5 or 10 years?
   I believe in new exchanges. Questions is why you didn`t, as a member of that exchange, made an
official ANN thread. I think marketing is what you need to pay attention, promotion of your exchange
and all the things you offer must exist!

Firstly, thanks for the motivation! Secondly, we are doing our best to promote our exchange because we are motivated and strive for more and to help people. We have something to give to people and we believe DEXs are better in every point of view than CEXs. Yeah they have lack of speed etc. but I think this will change soon.

[weidex]

Do you believe in the crypto startups? As a member of a startup exchange I want to ask you:

Do you go and give a chance on new exchanges or you stick on the same for a long time?
If not why ?

Most of startup projects are still unclear, whether they are legit or not.
But if they already have a working products like exchange platform, then we can give a shot on it.
Who knows they will keep developing, and we will become the early supporters who will get the decent reward from it. 

Fair enough. Check out for us -> weidex.market

[weidex]

Do you believe in the crypto startups? As a member of a startup exchange I want to ask you:

Do you go and give a chance on new exchanges or you stick on the same for a long time?
If not why?

Why not if they are showing good intentions and even have that transparency in terms of liquidity and volumes.
Crypto community are still welcoming new exchanges, this is also a way to have other options and may this new things around will serve better than of the old ones. But of course, it needs more screening and takes a while to prove that you can be trusted.

Agreed with you! We are that time on building trust in people.

[lyks15]

For me I will stick on the exchange that I will used. Because I need to be sure that my money and investment are away from loss. But I will open my mind to use and invest other exchages as long as other investors are already try it and prove that it is good and safe to use and to invest.

[Wong Gendheng]

Do you believe in the crypto startups? As a member of a startup exchange I want to ask you:

Do you go and give a chance on new exchanges or you stick on the same for a long time?
If not why ?

In my country if the transaction volume reaches at least $ 100 million a month, it can be said starups, seeing the large number of exchanges with a transaction volume of more than $ 100 million, of course there are many new startups from crypto.

[panjay]

people will give any new product a chance if they see a benefit using them rather than the old counterpart.

The problem for the new product is to prove their capability, you need timing and maybe some influencer to boost your product.

You can see like a binance for an example. They coming in the right moment, where ICO mania started also when poloniex doing some shitty things with their customer fund. It's become a great chance for bianance and they deliver, so people stick with them too.

[miklesm]

I would use a new exchange if it listed a token which I got from Bounty campaign in case it is not listed on the top exchanges. I would not use something new for ordinary trading.

[Thomas-s]

New projects and new exchanges don't have the guarantee that there work will be successful ,they are just trying there best taking risks ,I can't give you the assurance that a new project will fail or be successful

nobody can give any guarantees on the market. now everything is like a casino. This is if we are talking about new projects.

[Firunner]

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[Mrsparks]

Do you believe in the crypto startups? As a member of a startup exchange I want to ask you:

Do you go and give a chance on new exchanges or you stick on the same for a long time?
If not why ?

Sincerely am very skeptical trading on new exchange.. Security wise majority of them are unsafe for use and lack regulatory compliance for reading digital assets... I think we have one too many exchanges in crypto already and until mass adoption come we shouldn't be having need for more

[traderethereum]

I keep the main assets on large exchanges that already have a status in the cryptocurrency market. new exchanges have not yet proved their right to be on the market

Okay, but how new exchanges can prove to the market when guys like you don't even give a chance to try it out and make some trades on the platform? Looking forward

I am sure that there are people who want to give a chance to try the exchange and I am sure that it will help the exchange to grow.
You don't have to worry about that because if we are not trying the exchange, then the other will do.
But if you want to test the site, then you need to come to that site and test to trade, so you will see if they are very good or not.

[The Cryptologist]

Do you believe in the crypto startups? As a member of a startup exchange I want to ask you:

Do you go and give a chance on new exchanges or you stick on the same for a long time?
If not why ?

I only give new exchanges  a chance if they list a coin that I don't find in any exchange. I remember owning raiblocks(which is now nano) and only  bitgrail is the only exchange that list that coin so I often used it. I believe that is the right strategy for a startup exchange to start getting traders/users and be known which is to find a golden gem and list it when nobody still knows about its real value.

[jcarlo]

Do you believe in the crypto startups? As a member of a startup exchange I want to ask you:

Do you go and give a chance on new exchanges or you stick on the same for a long time?
If not why ?

Ethereum started from start up and right now is second biggest market cap value in cryptocurrency market. I think we can trust on crypto start up because i am believe good start up offering new project with new functionality