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Author Topic: [ANN] BaseFEX - Crypto Derivatives Exchange You Can Trust  (Read 562 times)
BaseFEX (OP)
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August 02, 2019, 08:19:16 AM
Last edit: August 02, 2019, 10:37:32 AM by BaseFEX
 #1


Crypto Derivatives Exchange That You Can Trust

20~100x Leverage  |  Stop Loss Order  |  World’s Lowest Taker Fee

No Overloads and Downtimes
No Suspicious Wicks
No Weird Slippage


Trade futures with 100x perpetual swap contracts
BTC, ETH, XRP, BCH, LTC, and BNB

About

BaseFEX is a cryptocurrency derivatives exchange where traders can successfully place orders under any market condition. BaseFEX is developed with the same cutting-edge technologies used by internet giants such as Alibaba and Tencent, which outperforms decades-old technical solutions commonly used in the financial industry. BaseFEX’s mission is to be the most reliable, transparent and advanced cryptocurrency derivative exchange, and make trading smooth, secure and accessible for traders worldwide.
There are many exchanges out there, but what makes us stand out is those spirits that we live up to. Every day, we dedicate to giving you the best trading experience ever existed in the market.

  • 100x Perpetuals. Perpetuals contracts for BTC, ETH, XRP, BCH, LTC, and BNB, with margin trading up to 100x leverage.
  • No Overload. Built with the same technology that powers the internet giants. Smoothly place an order any time you like.
  • 100% Cold Storage. All your assets are held in multi-signatured cold wallets. All withdrawals are checked manually.
  • Comprehensive API. Seamless programming experience. Ready to ingest millions of trades per second.
  • Integrity and Honesty. No Weird Slippage or Scam Wicks. We do things differently and live up to those spirits.
  • Low Fees. No deposit or withdraw fees. The world's lowest taker fee. And of course, no fees on opening and closing positions.
  • Easy-to-use User Interface. Innovative features long dreamed of by the crypto trading community.
  • USDT Settled Perpetual Contract. Truly the world's first. Settle with a stablecoin.

We happen to have a promotional event ongoing on twitter right now that allows you to experience BaseFEX without depositing. So don't just take what we say, feel free to have a risk-free try here: Try BaseFEX Risk-Fee


notblox1
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August 02, 2019, 08:40:43 AM
 #2

What is the country of origin?

Please show us some information about team, and are some countries forbidden for registration,
as well as KYC info.

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BaseFEX (OP)
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August 02, 2019, 09:18:40 AM
 #3

Quote
What is the country of origin?
- We  are registered in the Republic of Seychelles with a company number of 205276. Operate from Beijing - That's why we have Alibaba and Huobi former employees among us.

Quote
Please show us some information about team, and are some countries forbidden for registration.
- You can search BaseFEX on LinkedIn. But most team members don't have LinkedIn profiles as its penetration rate is quite low in China - we got 20+ employees in total. I will try to take a picture with the people working in our office later. But I guess I will need to blur the faces otherwise I would need permission from everyone.
- https://www.basefex.com/docs/terms-of-service

KYC info.
- no requirements
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August 02, 2019, 11:20:00 AM
 #4

Nice to see you guys make progress bit by bit. You guys remind me of the early days of MEX when there were not wicks and overload to worry about....
Do you plan to onboard more market makers?
BaseFEX (OP)
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August 02, 2019, 01:36:33 PM
 #5

What is the country of origin?

Please show us some information about team, and are some countries forbidden for registration,
as well as KYC info.


As promised, a photo of us working (again, we have to blur the faces otherwise we would need personal permission):
BaseFEX (OP)
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August 02, 2019, 05:03:37 PM
 #6

Nice to see you guys make progress bit by bit. You guys remind me of the early days of MEX when there were not wicks and overload to worry about....
Do you plan to onboard more market makers?

This you can expect in a few weeks!
notblox1
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August 02, 2019, 06:19:58 PM
 #7

Quote
What is the country of origin?
- We  are registered in the Republic of Seychelles with a company number of 205276. Operate from Beijing - That's why we have Alibaba and Huobi former employees among us.

Quote
Please show us some information about team, and are some countries forbidden for registration.
- You can search BaseFEX on LinkedIn. But most team members don't have LinkedIn profiles as its penetration rate is quite low in China - we got 20+ employees in total. I will try to take a picture with the people working in our office later. But I guess I will need to blur the faces otherwise I would need permission from everyone.
- https://www.basefex.com/docs/terms-of-service

KYC info.
- no requirements

OK. thank you for answering.

Are you offering some promotion for sign up,
and what advantages you have compared to other exchanges?

They are all offering some free $

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DaMut
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August 02, 2019, 06:30:55 PM
 #8

What is the country of origin?

Please show us some information about team, and are some countries forbidden for registration,
as well as KYC info.


As promised, a photo of us working (again, we have to blur the faces otherwise we would need personal permission):


Dude, did you really expect us to believe this?
"Hey peoples out there, here is my team and they are working very very hard right now. You can see them here [insert your image]". And then you BLUR THEM ALL?
did you think us as three years old children or even a retard?
how could we believe something if you are afraid us to know who you are and your team. This is madness.
BaseFEX (OP)
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August 03, 2019, 09:41:35 AM
 #9

Quote
What is the country of origin?
- We  are registered in the Republic of Seychelles with a company number of 205276. Operate from Beijing - That's why we have Alibaba and Huobi former employees among us.

Quote
Please show us some information about team, and are some countries forbidden for registration.
- You can search BaseFEX on LinkedIn. But most team members don't have LinkedIn profiles as its penetration rate is quite low in China - we got 20+ employees in total. I will try to take a picture with the people working in our office later. But I guess I will need to blur the faces otherwise I would need permission from everyone.
- https://www.basefex.com/docs/terms-of-service

KYC info.
- no requirements

OK. thank you for answering.

Are you offering some promotion for sign up,
and what advantages you have compared to other exchanges?

They are all offering some free $

Are you offering some promotion for sign up. They are all offering some free $
- Yes. At this moment we have a twitter promotion campaign ongoing. You can try BaseFEX risk-free with money that's not yours. https://twitter.com/BaseFEX/status/1155876354518159360

What advantages you have compared to other exchanges?
- a lot as I mentioned in my OP such as no overload and low fees. The most important thing, however, is Integrity and Honesty. No Weird Slippage or Scam Wicks.
There are many exchanges out there, but what makes us stand out is those spirits that we live up to. And to test this, you can get a risk-free try as mentioned above.
BaseFEX (OP)
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August 03, 2019, 12:29:44 PM
 #10

What is the country of origin?

Please show us some information about team, and are some countries forbidden for registration,
as well as KYC info.


As promised, a photo of us working (again, we have to blur the faces otherwise we would need personal permission):


Dude, did you really expect us to believe this?
"Hey peoples out there, here is my team and they are working very very hard right now. You can see them here [insert your image]". And then you BLUR THEM ALL?
did you think us as three years old children or even a retard?
how could we believe something if you are afraid us to know who you are and your team. This is madness.


Good weekend bro/哥们! It is glad to see someone who is also from Beijing here.  - Yes I just checked your guys LinkedIn and your team composition is pretty impressive. On our side the thing isn't that easy - most of my colleague don't find it meaningful on short-term to have LinkedIn profile (because they work in China and you know LinkedIn isn't so useful here till today) so I m trying hard to enforce this, to at least confirm more of them to have LinkedIn so people can find more about us when doing background DD. Hopefully I can make some progress next week....
This is why instead I posted a photo instead to show we do have a not-so-small office with plenty of people working there. However, promoting with their real faces without their personal permission is against my work ethics and against some principles that we live up to here at BaseFEX. So with all due respect, I cannot do that.
Since we are both in Beijing and you are interested in confirming our legitimacy, how about we grab a cup of (maybe cold drip?) coffee together some time next week? You can post photos with us together here so people here can know if we are real.
Feel free to get in touch with me here randolf at basefex dot com . Or/and LinkedIn here: https://www.linkedin.com/in/randolf-g-21128128/
RodneyKings
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August 06, 2019, 01:07:51 AM
 #11

Nice to see you guys make progress bit by bit. You guys remind me of the early days of MEX when there were not wicks and overload to worry about....
Do you plan to onboard more market makers?

This you can expect in a few weeks!

Nice, I like the spirit!

How safe will my money be in your exchange? Now it is the most important thing in crypto trading...
BaseFEX (OP)
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August 06, 2019, 03:40:05 AM
 #12

100% cold storage. All your assets are held in multi-signatured cold wallets. All withdrawals are checked manually.
These translate to a score of A+ in Mozilla’s Observatory-test (https://observatory.mozilla.org/). Allow me to quote cryptowisser here:
'This is an incredible score.Out of all the 400+ exchanges in our Cryptocurrency Exchange List, only four others have received A+ scores at all.'
Source: https://www.cryptowisser.com/exchange/basefex/
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August 06, 2019, 04:15:33 AM
 #13

I have tried to experience BaseFEX and it is really a perfect exchange type. With stoploss function and x100 lever at margin trading, this is really a great place for trading professionals.
But why is the community so small? I think we should promote exchange marketing, it's really comparable to Binance, Bitmax if well known.

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August 06, 2019, 05:35:20 AM
 #14

Is BaseFEX expected to list some other alts? I see it has quite a bit of coins there.
You should add TRX, ICX, EOS because the trading volume is quite large. It can bring more profits to businesses and traders will have more choices.

BaseFEX (OP)
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August 06, 2019, 07:57:13 AM
Last edit: August 06, 2019, 10:29:38 AM by BaseFEX
 #15

I have tried to experience BaseFEX and it is really a perfect exchange type. With stoploss function and x100 lever at margin trading, this is really a great place for trading professionals.
But why is the community so small? I think we should promote exchange marketing, it's really comparable to Binance, Bitmax if well known.

Thank you for your review! We are working hard to make our platform the best place for crypto futures exchanges!
And yes, we have also recently started working on developing our online community presence.
Twitter: https://twitter.com/BaseFEX
Telegram: t.me/basefex_trading
BaseFEX (OP)
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August 06, 2019, 04:59:05 PM
 #16

Is BaseFEX expected to list some other alts? I see it has quite a bit of coins there.
You should add TRX, ICX, EOS because the trading volume is quite large. It can bring more profits to businesses and traders will have more choices.
We used to have 12 assets available but as response to customer feedback we had decided to delist a few. Some assets, at least in the sphere of crypto futures, are more like marketing hype than actual customer demands.
We will soon list USDT settled perpetual contract though, first in the industry!
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August 06, 2019, 05:23:44 PM
 #17

https://bitcointalk.org/index.php?board=197

Is thread belong to service announcements board so it is better move this to that one. You created this topic into wrong place actually it is dedicated for only the altcoins.

 
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August 06, 2019, 07:39:16 PM
Last edit: September 12, 2021, 07:05:13 PM by notblox1
 #18

Quote
What is the country of origin?
- We  are registered in the Republic of Seychelles with a company number of 205276. Operate from Beijing - That's why we have Alibaba and Huobi former employees among us.

Quote
Please show us some information about team, and are some countries forbidden for registration.
- You can search BaseFEX on LinkedIn. But most team members don't have LinkedIn profiles as its penetration rate is quite low in China - we got 20+ employees in total. I will try to take a picture with the people working in our office later. But I guess I will need to blur the faces otherwise I would need permission from everyone.
- https://www.basefex.com/docs/terms-of-service

KYC info.
- no requirements

OK. thank you for answering.

Are you offering some promotion for sign up,
and what advantages you have compared to other exchanges?

They are all offering some free $

Are you offering some promotion for sign up. They are all offering some free $
- Yes. At this moment we have a twitter promotion campaign ongoing. You can try BaseFEX risk-free with money that's not yours. https://twitter.com/BaseFEX/status/1155876354518159360

What advantages you have compared to other exchanges?
- a lot as I mentioned in my OP such as no overload and low fees. The most important thing, however, is Integrity and Honesty. No Weird Slippage or Scam Wicks.
There are many exchanges out there, but what makes us stand out is those spirits that we live up to. And to test this, you can get a risk-free try as mentioned above.

OK. Thank you.
I will give it a try and test how it works.

One more question:
What is the procedure for listing new coins on BaseFEX exchange?

BaseFEX does not support: US, Cuba, Iran, N.Korea, Sudan, Syria, China, and Crimea part of Russia

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August 07, 2019, 01:38:40 AM
 #19

I could be interested if you don’t use internal MM like BitMEX. Because when internal MM is happening, an exchange has incentive to cheat on users to be on the profitable end of the trade.
BaseFEX (OP)
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August 07, 2019, 09:11:27 AM
 #20

https://bitcointalk.org/index.php?board=197

Is thread belong to service announcements board so it is better move this to that one. You created this topic into wrong place actually it is dedicated for only the altcoins.

Thanks a lot for letting me know. I will get in touch with moderators.
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