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Author Topic: [ANN]pukkamex; setting the gold standard for the exchange of the future  (Read 1405 times)
greelzs
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July 05, 2019, 02:38:53 PM
 #121

Seems so. And as far as I understand, as such the traders can still make money if the asset is to move in their favour after touching liquidation price

Exactly - you are very true. Pukkamex will employ a state-of-the-art liquidation mechanism that is much fairer to traders than the liquidation mechanism used on existing exchanges
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sarrpora
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July 05, 2019, 02:39:31 PM
 #122

Exactly - you are very true. Pukkamex will employ a state-of-the-art liquidation mechanism that is much fairer to traders than the liquidation mechanism used on existing exchanges

This for sure sounds very interesting, thanks a lot for clarification! Will definitely examine more about it
buzcarn
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July 06, 2019, 11:24:08 AM
 #123

Morning there. And there are some other special features I have heard of from several friends, but cannot find more info on that. Is anyone aware where this may be found? For example, the one called "post only" or so

Hello. Oh yes, there are such! For example, talking about post only, when this option is active orders will only be posted if buy order/ sell order price is below/above market price
buzcarn
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July 06, 2019, 11:29:26 AM
 #124

This is exactly what I am wondering! Where all this may be found? Or you can outline other special features, if possible

There is a special section right in the White Paper, called "additional features" - have a look at it! The feature I love the most is "reduce only" - heard of it?
buzcarn
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July 06, 2019, 11:34:41 AM
 #125

To tell the truth, I haven't. What does it stay for? And for sure will have a look at the section in White Paper, thanks for recommendation

It basically allows traders to set limit orders which have a reducing affect. Used mostly for profit taking, this order is only executed if the net affect is to reduce open positions, otherwise it is reduced or cancelled upon reaching the limit price Smiley
buzcarn
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July 07, 2019, 07:28:24 PM
 #126

Good evening everyone. And as far as I understand, the market pukkamex is entering is growing every year, isn't it? Is anyone aware of some more stats on the market?

Greetings there. Yes, this is very true. With the cryptocurrency market cap growing by a staggering 700X since 2013, and trading volume increasing by an average of 108% per annum, pukkamex team foresees massive demand for leveraged trading platforms over the coming years
buzcarn
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July 07, 2019, 07:30:14 PM
 #127

This is what I have also noticed! And has pukkamex made any forecasts on the market share they are planning to have?

Yes, they have. They estimate overall market trading volume will continue to increase by an average of at least 25% per annum over the next decade, and they aim to capture 5% of the global market share on the long run, for a projected total platform revenue target of $400 million by 2025
buzcarn
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July 07, 2019, 07:31:19 PM
 #128

Oh wow, that's basically a lot! So guys look rather ambitious

Exactly! And to tell the truth, I really love the results they are showing so far. Great job, in my opinion
greelzs
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July 09, 2019, 11:30:56 PM
 #129

Good evening there, how is your working week going, guys? Anyone around to talk? Having few thoughts to clarify
sarrpora
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July 09, 2019, 11:31:34 PM
 #130

Good evening there, how is your working week going, guys? Anyone around to talk? Having few thoughts to clarify

Hey greelzs, I believe that there is always anyone around Smiley What exactly you wanna talk about?
greelzs
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July 09, 2019, 11:32:18 PM
 #131

Hey greelzs, I believe that there is always anyone around Smiley What exactly you wanna talk about?

Will there be any special conditions for the traders that spend some particular amount of money or time on pukkamex? Kinda as a sign of loyalty. Or you know, reduced commission or so.. Just any types of benefits
sarrpora
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July 09, 2019, 11:33:06 PM
 #132

Will there be any special conditions for the traders that spend some particular amount of money or time on pukkamex? Kinda as a sign of loyalty. Or you know, reduced commission or so.. Just any types of benefits

Yes, there are several benefits programs planned, but they're not being disclosed to the public as of yet, as I know. Although, of course the manner in which the platform ranks top traders for listing on the leaderboard takes both account size and ROE into account amongst several other criteria Wink
greelzs
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July 09, 2019, 11:33:45 PM
 #133

Yes, there are several benefits programs planned, but they're not being disclosed to the public as of yet, as I know. Although, of course the manner in which the platform ranks top traders for listing on the leaderboard takes both account size and ROE into account amongst several other criteria Wink

This definitely makes sense. Cause you know, always a pleasure to get some kind of benefits Wink
sarrpora
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July 09, 2019, 11:34:15 PM
 #134

This definitely makes sense. Cause you know, always a pleasure to get some kind of benefits Wink

Very true of yours and I do share your views mate Smiley
greelzs
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July 10, 2019, 09:38:57 PM
 #135

Good evening everyone. And talking more about pukkamex token, I believe it to be rather multifunctional - but is there any info on how exactly it will be used?

This is very true, PUX token is built to suit many purposes. The PUX token will be used to fund our launch, price our services, and share revenue with token holders
greelzs
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July 10, 2019, 09:43:26 PM
 #136

Sounds good. And are you aware - is the token ERC-20 based?

It is GO-20 based. Pretty innovative format. The token will be tradable on Pukkamex and other decentralized exchanges that support GO20 - tokens.
greelzs
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July 10, 2019, 09:45:51 PM
 #137

Oh, it seems that I have heard of GO20 standard. But for sure will explore more about them, thanks a lot for sharing!

Yes, a new standard. But I recommend you to examine more about them. Comparing to ETH, as far as I know, it is much faster and kinda more reliable
sarrpora
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July 11, 2019, 09:37:26 PM
 #138

Evening there everyone. And talking about you - what matters to you the most, while evaluating the solution? What makes pukkamex attractive?
greelzs
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July 11, 2019, 09:38:48 PM
 #139

Evening there everyone. And talking about you - what matters to you the most, while evaluating the solution? What makes pukkamex attractive?

This is a very interesting question. As for me, the things that matter the most is the value pukkamex brings. And talking about pukkamex, the project brinfs many opportunities to all platform users, I mean to the traders
sarrpora
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July 11, 2019, 09:45:47 PM
 #140

This is a very interesting question. As for me, the things that matter the most is the value pukkamex brings. And talking about pukkamex, the project brinfs many opportunities to all platform users, I mean to the traders

Well, my favorite one is definitely copy trading one. Have you heard of it? In my opinion, should make everything much more attractive to less experienced users
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