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Wittny
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May 04, 2019, 11:45:31 AM
 #21

Gaining trust is not a day job, is what you need to work for. So for a particular exchange to gain people's trust, they need to show they are trustworthy and show all the crypto communities the reasons they believed people should trust them.

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May 05, 2019, 05:05:31 PM
 #22

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/   Smiley
The only suggestion is that let your work, your push and dedication speak for you, it is not really easy to gain the trust of users, especially in a market where we have so many other companies doing the same thing, but you can still make your own way, the market is too big for everyone to make it in their own space.

So if you want to gain my trust, you must first have a very good platform interface, your site must be very users friendly, you should be able to offer me lots of bonuses and discounts on my trade, your site must be highly secured to protect my investment or trade, and finally you should try and have volume on your exchange overtime that will keep your project running.

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weidex (OP)
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May 07, 2019, 06:47:41 AM
 #23

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/   Smiley
The only suggestion is that let your work, your push and dedication speak for you, it is not really easy to gain the trust of users, especially in a market where we have so many other companies doing the same thing, but you can still make your own way, the market is too big for everyone to make it in their own space.

So if you want to gain my trust, you must first have a very good platform interface, your site must be very users friendly, you should be able to offer me lots of bonuses and discounts on my trade, your site must be highly secured to protect my investment or trade, and finally you should try and have volume on your exchange overtime that will keep your project running.

We don't have high volume, but we keep on trying give new traders the very best. Thanks for your comprehensive answer!
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May 07, 2019, 06:55:48 AM
 #24

You can start with a promotion such us signature campaign and I believe signature campaign which pay with BTC will give a lot of feedback to your exchange compared you promoting it through bounty campaign.

For me, signature campaign is the best to build up a trust from many people, an interesting offer in your service is good but if you rely on it I guess many people will ignore it.

You can explain here on this forum, I believe this forum is one of the biggest member of cryptocurrency, most investors cryptocurrency must have an account on this forum.
 

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May 07, 2019, 07:19:00 AM
 #25

You need to introduce your project first and you can do that by having an effective marketing tool.
One good marketing is by running a signature campaign, the poster above me is right, we have a lot of members in the forum and you will create awareness here if you do so. Also, if you like you can advertise here in the forum, more exposure the better.
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May 07, 2019, 07:49:54 AM
 #26

Trust is something I do not do on anything. common you are on the internet and you are here to take the risk, of course, that doesn't mean you can invest your money on any site you look. you need to research the market and try all type of markets at least once. because if you walk with the crowd they will fail to recognize a rising market but your own disicions are important. and at the end time is a very important aspect as exchanges have to handle diffrent situations and that will show how to collaborate and helpful their teams are.
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May 07, 2019, 09:46:28 PM
 #27

In this forum you can find everything you are looking for. If you want to advertise your exchange, you should take steps to attract attention. You need to explore what the majority needs most.
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May 07, 2019, 10:45:17 PM
 #28

The trust of traders in one of the exchanges is the convenience of making transactions. The site does not often cause problems or trouble, because it will make the traders saturated and upset. I often experience that. It would be more if the exchange uses Know Your Customer (KYC), because that would make it more sterile and not misused. Please correct my opinion.

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May 07, 2019, 11:38:45 PM
 #29

Getting every required qualities of a good decentralized platform is good
Get everything in place it’s better, but still you need a product to list on your exchange and drive up the entire volume and reputation of your platform
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May 07, 2019, 11:44:54 PM
 #30

Trust is probably one of the only things that you can buy with money and you have to earn it by proving yourself. There is nothing you can do to gain more trust from investors other than doing your normal job at the highest capacity. Trust is built in time, if you do everything right and fair and you respect your investors then you should have no problem.
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May 07, 2019, 11:51:58 PM
 #31

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/   Smiley



I think that trust is earned over time, and that confidence is ranked in Coinmarketcap because most experts look for the page to see the top, if you are not there, you will hardly have confidence in the traders.

You can search for many communities that you can pay to get good publicity with a lot of traffic and an excellent marketing team, but one of the things you can never neglect is the support team.

Today many traders complain a lot because support is not fast, also an important issue to take into account is that you must be very careful with security, you can not allow being hacked.

There are many Level 1 Exchanges, which handle large amounts in terms of money, to win the trust of the traders, you must attract the whales that are causing the necessary chaos, and with this, you must be very Pending arbitration, do not leave or neglect because you can be fined or prohibited.

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May 08, 2019, 12:10:03 AM
 #32

Trust is earned by providing good service to your customers. And as an exchange, you can take the example on how Binance is responsive to their customer but since you're not a centralized one there must be something else that you can offer. For the other communities that you may want to know, is this forum isn't enough for your expansion?

If not, look for reddit/sub-reddit communities if you are longing to advertise your dex.



 

 

 

 

 

 


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May 08, 2019, 12:26:23 AM
 #33

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/   Smiley



How can you gain trust, when all your bounty hunters are complaining about the payment to their token rewards, had a lot of friends I've recommended promoting your bounty, but they end up getting nothing til now and all you are announcing is after the IEO where there is no guaranty when is this going to happen.

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May 08, 2019, 12:36:47 AM
 #34

Reputation is being earned and we couldn't gain trust by just promoting or endorsing a certain exchange.
Gaining trust would take time but one wrong mistake and traders would avoid a certain exchange.
Good services and affordable fees is what every traders are looking for. Good trading volume and security should be obtained.
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May 08, 2019, 04:13:03 AM
 #35

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.

Binance is a genius in marketing. They know the current situations of the market, introduced some innovations, push their brand well into the cryptocurrency marketplace, chosen to be pro-active, and then they now are harvesting the fruits of their labor. We must really be under the era of the Chinese so that the top exchange is under Chinese and even bitcoin mining and its hardware are in the hands of the Chinese and most of the bitcoin right now are being held by Chinese (am just assuming this statement). Getting into the market and staying are not easy feats that is why with all the many start-ups being introduced from time to time only a very few can be alive 2 years from now. My suggestion is to always look for a niche of this big market and start offering your better services to that market and once you are successful in there that is the time to expand.
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May 08, 2019, 04:21:56 AM
 #36

The trust of traders in one of the exchanges is the convenience of making transactions. The site does not often cause problems or trouble, because it will make the traders saturated and upset. I often experience that. It would be more if the exchange uses Know Your Customer (KYC) because that would make it more sterile and not misused. Please correct my opinion.

We are a decentralized exchange, it is all about security and transparency! If we put KYC there will be the same security, but less privacy. If there is KYC that means having to disclose your activities to the authorities, or risk having your identity stolen.
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May 08, 2019, 05:27:11 AM
 #37

Trust is earned by keeping to your words, transparency, no hidden transaction charges, and having good security structure in place. Most crypto users want an exchange where their funds are safe and secured.  Keep their funds safe and you have win their trust

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May 08, 2019, 08:58:03 AM
 #38

Exchanges are one thing, other are communities around some cryptos. Neo subreddit is one of the most active crypto group in whole crypto world. For me it's like being part of something bigger. And if we add to this good relations between community and developers (for example FuturoCoin, where devs are reacting on owners voices and improving their coin to better suit for situation on the market, like in case of new masternode update) then we can have something similar for exchange communities, or even better
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May 08, 2019, 09:09:01 AM
 #39

Its very hard thing to do, trust is earned through time not in a day or week. Firstly work on your 24/7 support, your live chat supports/admins should be friendly, active and have the experienced to do this work. Then you can start to market your exchange, do some campaigns, trading competitions and giveaways or airdrops to caught the attention of the community.

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May 08, 2019, 09:09:18 AM
 #40

Do you have a plan to make an exchange? If so, you can learn more to all exchange problem that has been happened till now. Such as at this time when the Binance exchange has hacked then you must find a way how your exchange cannot be scammed. You have to try to make an exchange that has different with other exchange, either in security side, fee side or legality side. If you can fulfill some of these factors then I'll bet there are many user that comes to your exchange and use it until the new exchange who has new feature appear.
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