Crypto Communities

[weidex]

Guys, do you have any suggestion about how one exchange can gain trust into traders. It will be appreciated!

And do you know any crypto communities for Ethereum, exchanges, blockchain where I can talk more about our decentralized platform

--> https://weidex.market/   

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[panjay]

Trust is earned and it needed time.
So if a new exchange wants to gain user trust, they must have some sort of accountability and again it takes times to prove it.


but if some exchange wants to get noticed, be different and needed by people using it. Offer something new and benefit the user.
Takes a looks at binance for example, they enter the market at the right time, before a bull run and we at the time in a phase of ICO mania. They offer a referral which many influencer begin to promote their exchange, also many people want to trade over there because they listed a hot new ICO, unlike their counterpart, poloniex and bittrex who takes a conservative approach on listing policy, don't forget a problem with their withdrawal. People just want to exit that legacy exchange.

[rijaljun]

I think to be a high reputable exchange, you need to create a community first. Well, the more active community you have, the better reputable you will gain. Also, you need to care everyone and make sure to fix any issue as soon as possible.

I think, you can talk about ethereum and decentralized stuffs here as we all know this forum is the biggest crypto community forum.

[installer]

I am trading only several exchanges that I select very carefully. First of all, I need a big amount of trading pairs, secondly I need to know that this exchange is actively working on security improvements. The last but not least, I want to see great trading volumes.

[bttmember]

This forum itself is the largest community to talk about ethereum, exchanges and dexes so if you are serious about anything you should post and discuss to get answers here and also posting links will not help as it is usually considered as spam. Regarding trusted exchanges just check top 10 to 20 exchanges on cmc and you will find the best exchanges.

[weidex]

Trust is earned and it needed time.
So if a new exchange wants to gain user trust, they must have some sort of accountability and again it takes times to prove it.


but if some exchange wants to get noticed, be different and needed by people using it. Offer something new and benefit the user.
Takes a looks at binance for example, they enter the market at the right time, before a bull run and we at the time in a phase of ICO mania. They offer a referral which many influencer begin to promote their exchange, also many people want to trade over there because they listed a hot new ICO, unlike their counterpart, poloniex and bittrex who takes a conservative approach on listing policy, don't forget a problem with their withdrawal. People just want to exit that legacy exchange.

Okay bud, I got your point of view. But firstly, we are DEX, not CEX like Binance for example and secondly we as a decentralized exchange offer much more security like fully transparent, the user has full control of their assets, also no user information or details is required and there are no sign up restrictions for new users. We also have referral system (20% of your referee's trading fees). If you go and check out our platform be kind to give a feedback what you like and what you don't, what more can we offer to people.  Thanks in advance

[weidex]

I am trading only several exchanges that I select very carefully. First of all, I need a big amount of trading pairs, secondly I need to know that this exchange is actively working on security improvements. The last but not least, I want to see great trading volumes.

Yeah but the main problem about great trading volumes is that first there should be traders. So this is what we strive for now. Exchange is ON, traders is what we look for to try our platform, tell us what they like and what they don't. Every opinion will be appreciated! We just getting started.

[weidex]

This forum itself is the largest community to talk about ethereum, exchanges and dexes so if you are serious about anything you should post and discuss to get answers here and also posting links will not help as it is usually considered as spam. Regarding trusted exchanges just check top 10 to 20 exchanges on cmc and you will find the best exchanges.

Appreciate your opinion. I'm not going to spam the link everywhere is just that this topic has a place to put it in. Anyway, I see your point of view and this is what we do, making discussions and eventually get feedback. We have what to offer to people, we just need to go above the water with some active traders who will make the first step and trust us. 

[mikelsmith2020]

An exchange will be trusted if it meets the users criteria however we have different criteria in regards with this matter, I'm would like to share my criteria so you can have an idea as well:

* Secured
* Fast and reliable
* Legal
* Contact support 24/7
* Only legitimate coins are listed
* KYC/AML verification
* No trading fees
* Low minimum withdrawal fee/amount
* Active social media or group chat
* Bonuses and activities where you can earn
* Good ambiance

so far here are the things I'm looking on exchange but we all know that the time is needed as well in order for an exchange to gain trust also a transparency with the project and the exchange itself is important and fairness as well, no bots and fake pumps and dumps.

[BitcoinHodler]

We also have referral system (20% of your referee's trading fees).

how is it that you have a decentralized platform but still you are receiving fees from the user's trades? i can't make sense of how that works in a "decentralized" design. i would appreciate it if you explained it here.

[panjay]

Okay bud, I got your point of view. But firstly, we are DEX, not CEX like Binance for example and secondly we as a decentralized exchange offer much more security like fully transparent, the user has full control of their assets, also no user information or details is required and there are no sign up restrictions for new users. We also have referral system (20% of your referee's trading fees). If you go and check out our platform be kind to give a feedback what you like and what you don't, what more can we offer to people.  Thanks in advance

Yeah I know you guys running DEX, I just use Binance as a prime example because they stood out so much and one of the top exchange right now. Take a look at IDEX, a few weeks ago they accomplished to become number one used DEX, beating etherdelta after all these years. Mainly because of the improved UI they offer. Etherdelta has a first mover advantage and their competitor take advantage of their weakness, suck interface. Yeah you got my point.

https://medium.com/idex/idex-q1-update-layer-2-scaling-sidechain-e9491234e3d8

I just skimmed your site, I found your UI slicker and clean comparing to other DEX that a +
You have a gas price options another +
I still don't test your exchange though, my only main concern was the minimum trade size per order, as a bounty hunter myself, I often find my token can't be processed at IDEX because it does not meet with the minimal requirement. It will be nice to lower the req to like 0.05-0.09 or something. I know it's dust size to some people but yeah it's nice have a lower order or something.

For the volume problem you need some marketing, in the form of your CEO being vocal on Twitter, trading contest, airdrop etc.

[target]

One thing that you can do is probably just add tokens that isn't added anywhere else. That will give you a kickstart knowing that those users who wants to buy and some wants to dump are trying to find ways. I don't have any idea if its that easy though but maybe an IOU will do. Of course this may not sound good but it doesn't hurt the exchange as long as you add the token once its already okay to add.

[weidex]

We also have referral system (20% of your referee's trading fees).

how is it that you have a decentralized platform but still you are receiving fees from the user's trades? i can't make sense of how that works in a "decentralized" design. i would appreciate it if you explained it here.

Yes there is logic in the smart contract and on every trade, part of the fees are going to given Ethereum address.
The taxes are transparent and fixed, so no one could manipulate or deceive the traders.

[Adriano2010]

To build trust is need a long time and only after people will use a exchange, and exchange will work as is supossed to then people will gain trust and after more and more people will use it.

[sukoyomi]

I am trading only several exchanges that I select very carefully. First of all, I need a big amount of trading pairs, secondly I need to know that this exchange is actively working on security improvements. The last but not least, I want to see great trading volumes.

Yeah but the main problem about great trading volumes is that first there should be traders. So this is what we strive for now. Exchange is ON, traders is what we look for to try our platform, tell us what they like and what they don't. Every opinion will be appreciated! We just getting started.

You can make it a little faster to be known with such as promotion, event or doing some campaign on this forum like another project. Because usually I see that's what they do to reach more people.

[traderethereum]

It is not easy to build trust from the people, and the only thing we can do is by giving them the best services so they can start to believe us.
It will need time to gain their trust, but once they trust us, we can get more benefits from them.
Unfortunately, I don't know the other community because I don't search too much and I only know about this forum. Maybe you can search with Google, and I am sure you will found so many communities in out there.
Maybe you need to promote your exchange using social media and give something useful for your members so they will try to use your exchange to trade.
After you get so many people using your site, you need to gives the best services to them because the members mean everything.

[prtty2gal2]

Guys, do you have any suggestion about how one exchange can gain trust into traders. It will be appreciated!

And do you know any crypto communities for Ethereum, exchanges, blockchain where I can talk more about our decentralized platform

--> https://weidex.market/   

Well they are many ways to gain trust from traders, but this is a step by step means and don't happen overnight, the exchange will have to earn the trust of the traders. One of the way they can earn the trust of traders on the exchange is by having a very user friendly platform and also a great support team that are always ready to attend to the users anytime they lay a complaint, this is one reason I am so much in love with binance team because they don't joke with all what I have mentioned and it built confidence.

[clonely]

Guys, do you have any suggestion about how one exchange can gain trust into traders. It will be appreciated!

And do you know any crypto communities for Ethereum, exchanges, blockchain where I can talk more about our decentralized platform

--> https://weidex.market/   

I don't believe you are asking about any exchanges or community platform. You are trying to promote your exchange. But if you're really looking at the help about community. The greatest community in here don't look out...

[okala]

I am trading only several exchanges that I select very carefully. First of all, I need a big amount of trading pairs, secondly I need to know that this exchange is actively working on security improvements. The last but not least, I want to see great trading volumes.

The first thing I always look out for is the level of the exchange in terms of security and to know how authentic they trading volume is because most of the exchange give fake volumes and that can lead to traders making wrong choice of exchange.

[rahmatullah9305]

Today there are a host of platforms to choose from, but not all exchanges are created equal. This list is based on user reviews as well as a host of other criteria such as user-friendliness, accessibility, fees, and security.