XCM exchange token

[BQ]

XCM is the underlying token powering the CoinMetro exchange.


CoinMetro's new program offers 5 EUR in crypto to you when you sign up and make a deposit.
this can be withdrawn in crypto or euro.

(more details here!)

Inviting your friends will give you and your friend $6!


10-50% of all fees will result in market bought XCM. (10-50% depends on a formula so it will vary)
upcoming passive income launches: TraM (TAM, trade mirror a manager)
Margin posting(margin lending)
debit cards
direct fiat deposits/withdrawals


this blog post
they're building a CSD for the first true tokenized securities market.
and coinmetro will be the first trading facility for this.
meaning people will come in to CoinMetro to buy Tokenized securities



The CoinMetro exchange is offering a deposit bonus currently!

CoinMetro is a regulatory friendly exchange with a lot of good features:

CoinMetro's XCM token is tied in with all fee functionality of the platform, and a lot of utility.
Currently, a 50 XCM bonus is given on the first deposit!

Best fees in the market! 0.075% taker fees and get paid 50% as as maker.

[tabas]

I think this should be on Exchanges or to Service Announcements (Altcoins).

[poodle63]

Why is it so difficult to find the time movement in the market? As far as i know, it looks like you have changed your business plan and is it true?
If that requires KYC verification even for a new account to get at least a small daily limit and there will be no a lot of people will try to use it. that's why some exchange sites are not implementing it again right now.
How much limit for each account? what will be the benefit from XCM?

[rodel caling]

Why is it so difficult to find the time movement in the market? As far as i know, it looks like you have changed your business plan and is it true?
If that requires KYC verification even for a new account to get at least a small daily limit and there will be no a lot of people will try to use it. that's why some exchange sites are not implementing it again right now.
How much limit for each account? what will be the benefit from XCM?

Correct you had a point no need to implement kyc because people investing in crypto want to become anonymous. Implementing limit withdrawal is the best to avoid laundering. Good for your project.

I think this should be on Exchanges or to Service Announcements (Altcoins).

And follow this recommendation putbyour thread in the right place.

[BQ]

Why is it so difficult to find the time movement in the market? As far as i know, it looks like you have changed your business plan and is it true?
If that requires KYC verification even for a new account to get at least a small daily limit and there will be no a lot of people will try to use it. that's why some exchange sites are not implementing it again right now.
How much limit for each account? what will be the benefit from XCM?

Well that's part of the regulatory aspect, it's not a coincidence that there was an US hearing about crypto etc, the regulatory landscape for crypto is changing.
Binance won't be able to operate this way much longer, as they definitely enable money laundering and as crypto grows, regulation will have to come in.

Sooner or later this type of KYC will be necessary on your favorite exchange, and this might be sooner than one thinks!
Good to get setup in a fully regulated exchange as soon as possible.


Tier 1 allows crypto deposits/withdrawals and require ID/phone
Tier 2 allows fiat deposits/wtihdrawlas and requires proof of address -> should allow roughly 100k € withdrawals per month(higher/lower depending on country risk level)
Tier 3 limits is only based on providing source of wealth so there are no limits essentially.



XCM use

Every single fee-inducing trade on the platform automatically market-buys equivalent XCM as fees, so it's similar to BNB except it's not optional.
This means that with volume growth so will the XCM buy pressure grow.
Also other usecases such as lower fee %s and similar.



More importantly CoinMetro is working on a CSD/MTF (more in depth information can be found on the weekly AMA summaries https://coinmetro.com/blog/ )
This will create a regulated tokenized securities market and that is huge.

[BQ]

Kevin Murcko, CEO of CoinMetro is now live in an AMA:
https://www.youtube.com/watch?v=UNLP7vQldlU&feature=youtu.be

[Oilacris]

As regulation will clamp down on other exchanges, CoinMetro has operated fully regulated since day one and will offer products that are completely unique in the market.

Can you elaborate on what are the unique things that you do offer?

This is quite a rubbish project.  I was an investor in their ICO over a year ago. All just a big fuss for nothing.....

Show some numbers and it would prove it out.

[Smokey23]

This is quite a rubbish project.  I was an investor in their ICO over a year ago. All just a big fuss for nothing.....

Show some numbers and it would prove it out.

Well I invested 1 Litecoin into CoinMetro's ICO on 20 Jan 2018, when LTC was ~ $200.   I sold my 1500 XCM tokens for the BTC equivalent of 55 Euros once the tokens were unlocked and free to trade (which was an age in itself). Not my worst ICO investment, but far from profitable in US$ or BTC terms.

[jack8989]

 I'm really impressed with the interface of the exchanges, it's quite new and I'm really excited.
The volume is not high, but we can improve with marketing.
But I want to comment on one more thing, we should combine the stoploss function. It is the most important function for many traders. Hopefully exchange will be updated soon stoploss function so that I can deposit bitcoin and trade try there.

[BQ]

This is quite a rubbish project.  I was an investor in their ICO over a year ago. All just a big fuss for nothing.....

Show some numbers and it would prove it out.

Well I invested 1 Litecoin into CoinMetro's ICO on 20 Jan 2018, when LTC was ~ $200.   I sold my 1500 XCM tokens for the BTC equivalent of 55 Euros once the tokens were unlocked and free to trade (which was an age in itself). Not my worst ICO investment, but far from profitable in US$ or BTC terms.

Kinda have yourself to blame if you sold right after the tokens were tradeable. Has absolutely nothing to do with being a "rubbish project".
ETH was over 1k when the ICO was ongoing. Surprise surprise that people wanted to sell quickly to keep their value.

Coinmetro is progressing really well and there's really good upcoming stuff.
Have a look at the weekly AMA summaries: https://coinmetro.com/blog/

Or you can watch the actual video: https://www.youtube.com/watch?v=YlXn-AdBtJM



We'll see what you think about this "rubbish project" in a few months.. 

[BQ]

Huge news is that CoinMetro is developing a CSD/MTF which will allow tokenized securities trading worldwide and that is a trillion dollar market!

That sounds cool. But i have seen too many these kind of promises and smooth talking hustlers in this space. I will look into this but i am skeptic because i haven't heard anything about this project.

Understandable to be skeptical. Nothing is guaranteed until it's there, but they're already working with the Montenegro CMA for the sandbox and Brazilian bank funding for the CSD among others,
you could ask in the weekly AMAs  if you have particular questions

In principle, I have been following this project for a long time.But as soon as I started trading on this exchange, I thought I'd break my head.Why the hell is Everything so complicated? Is it possible to simplify everything?In 2018, You held a fairly successful bounty.I think it's time to start round 2.

There's three exchange "views", well four actually:
Simple <- this is like Coinbase,
Intermediate <- this is outdated and some reworked version is coming. still, allows limit/stop loss orders if you go in advanced mode(in top right corner its a button)
Trade <- here you can place limit orders, stop loss orders, but just a much better overview.
Margin trading

Which one is difficult?
You can check out the demo versions: https://demo.coinmetro.com/#/trade

[BQ]

Great time to start using CoinMetro, and buy some of the XCM token!

Upcoming CoinMetro Features!!!:
TraM (AKA TAM) - 2 weeks <- Trade Mirroring, allocate funds into a portfolio and select a manager(or become a manager!) and automate trading.

New website - 2-4 weeks

Public API - September.

Liquidity for newly listed tokens - mid-September

Debit cards - 8-10 weeks

More listings - 2-4 weeks

Trade/intermediate overhaul - 4-8 weeks

Margin Posting - 8-10 weeks <- post your idle balances for others to use as collateral and earn the fee from these margin traders

New fiat options - (stay tuned SOON!)

XCM fees + Burn use case - 2-3 weeks

[arjuna BTC]

personally i never know and use this exchange to trade before
but look like a lot of good features inside the platform, and for sure i will do my own research about this exchange before trade here

[BQ]

personally i never know and use this exchange to trade before
but look like a lot of good features inside the platform, and for sure i will do my own research about this exchange before trade here

There's a demo version available, and also you can see the various platforms without signing up from the Front page

[BQ]

CoinMetro's first IEO "PARSIQ!"

From Coinmetro's Twitter:

You can stake your PRQ for max up to 12 months, earning 2% per month!
More information on their website

[BQ]

weekly AMA with the CEO:
https://www.youtube.com/watch?v=K9We102VB2s

[BQ]

October 11 AMA:
https://www.youtube.com/watch?v=ihzTDeWE6f4

[Patrix_1]

I realise that exchanges and their tokens are now a current trend, but what is basically the difference between Metro exchange and any other one. Besides where are the competitive advantages what differs you from Binance?

[BQ]

I realise that exchanges and their tokens are now a current trend, but what is basically the difference between Metro exchange and any other one. Besides where are the competitive advantages what differs you from Binance?

CoinMetro is fully regulated and does proper KYC/AML, Binance does not. Binance, Bitfinex and all those  seem to be getting heat from regulators atm
they might not be around in a year!

the XCM token is also more useful than BNB.
10-50% of all fees will result in market bought XCM. (10-50% depends on a formula so it will vary)
upcoming passive income launches: TraM (TAM, trade mirror a manager)
Margin posting(margin lending)
debit cards
actually direct fiat deposits/withdrawals - how can binance be so big and not offer it?
because no banks direct-partners with them!

and finally, I'm not related to them(when you say "differs you")
so don't take my writing like official statements.

this is also pretty huge, check out this blog post
they're building a CSD for the first true tokenized securities market.
and coinmetro will be the first trading facility for this.
meaning people will come in to CoinMetro to buy Tokenized securities

so there's a glorious future, that's why I tihnk XCM is so cheap atm.

[pangu]

+17% ... mooning?!

AMA summary:
https://blog.coinmetro.com/this-week-in-crypto-summary-for-december-6-2019/