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Author Topic: What do you guys think about Bintex Futures?  (Read 227 times)
MiningBattalion
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November 12, 2020, 08:27:24 PM
 #21

Bintex Futures is an Indian cryptocurrency exchange startup that offers promising features to it's costumers. I am actually part of it's bounty program as a bounty hunter but can you guys give me an honest opinion based on your perception about this platform, Does this project really has the future or nah?

I don't aware about this platform, but why don't you try of binance. It's best one compared to many of trading platform. Only the small issue with the binance is it's withdrew fee. Whenever I jad withdrew my bitcoin, itade to pay of 6$ as a fee, even a if I withdrew of 20$ or 30$.
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November 13, 2020, 06:19:59 AM
 #22

Bintex Futures is an Indian cryptocurrency exchange startup that offers promising features to it's costumers. I am actually part of it's bounty program as a bounty hunter but can you guys give me an honest opinion based on your perception about this platform, Does this project really has the future or nah?
To be honest about a project like Bintex Futures that won't be successful in the long term, i see them building this project for about 2 years and see all they have and it can help everyone, i only have faith in projects developing own platform blockchain and it will take a long time to build everything, but with Bintex Futures it is not as i expected, this project will only be able to develop was in India and that was the success of the project.

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November 13, 2020, 08:04:07 AM
 #23

Bintex Futures is an Indian cryptocurrency exchange startup that offers promising features to it's costumers. I am actually part of it's bounty program as a bounty hunter but can you guys give me an honest opinion based on your perception about this platform, Does this project really has the future or nah?

I don't aware about this platform, but why don't you try of binance. It's best one compared to many of trading platform. Only the small issue with the binance is it's withdrew fee. Whenever I jad withdrew my bitcoin, itade to pay of 6$ as a fee, even a if I withdrew of 20$ or 30$.

don't withdraw Bitcoin, because fees from bitcoin are expensive, not only on Binance,
but on Binance there are also coins at low cost, just try withdrawing with Doge, then you will be charged a low fee.
Bintex does have a good vision, the name of an exchange is like this, especially Bintex is a new project, you have to be careful.

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November 13, 2020, 09:59:25 AM
 #24

Bintex Futures is an Indian cryptocurrency exchange startup that offers promising features to it's costumers. I am actually part of it's bounty program as a bounty hunter but can you guys give me an honest opinion based on your perception about this platform, Does this project really has the future or nah?
To be honest about a project like Bintex Futures that won't be successful in the long term, i see them building this project for about 2 years and see all they have and it can help everyone, i only have faith in projects developing own platform blockchain and it will take a long time to build everything, but with Bintex Futures it is not as i expected, this project will only be able to develop was in India and that was the success of the project.
If the team has developed the project for 2 years and there should be at least mvp that can be used by the users too. As far as i can see if the team didn't have MVP or a beta product.
It looks like bintex was aiming to be a competitor for the wazir. The growth of cryptocurrency in india is really fast than what we have expected but i doubt this project can be a successful one.
The team must provide MVP or maybe someone know about this.

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November 13, 2020, 01:58:21 PM
 #25

I would say it has a chance as much as any other project has a chance. I do not see it doing horribly because of any specific reason, if they turn out to be a scam they could be bad but I do not see it turning to scam anytime soon neither, and they do not look like they are going to be the greatest exchange neither, so I see them as middle of the road place.

In any new project you are trying to break into, realize that you are probably going to be stable and not as crazy as crypto market looks like, business' and coins are different things and while coins could be crazy and volatile, business' are not really that complicated and weird. This is why volatility stays with currencies while companies are usually just stable and decent and not really move a lot in any direction.
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November 13, 2020, 02:05:01 PM
 #26

I don't think the project have a chance without any real investment from VCs, most people may go against this but what VC's bring to the table is huge, if you want to enter a competitive space like exchange market and you have no serious backing to help you initially to scale and gain volume and users, good luck


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November 13, 2020, 08:31:17 PM
 #27

In Crypto market number of altcoins and tokens are enter in the market. But few only make a big success in real time, so peoples are hard to predict the bintex futures. Because this was listed in BitForex and ChainX exchanges, those are plan for investing this token only two way is possible to catch. Normally majority of the peoples are mainly concentrate the top 50 coins so it takes more time to reach for many investors.

Not all the altcoin which is enter the market will shine like a sky. Only few does that and other remains a smaller one. Some tokens price will reduced 10 times when the price of that same coin during the bounties. The investment of money is flow in top 25-50 altcoin in the market. Actually newly entered coin will try to reach the top 50 places to get more iinvestment from people.

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November 15, 2020, 09:36:14 PM
 #28

Not much ideal exchange for me since I am not a local trader of India. Honestly, I heard this exchange only this time because I am not aware to the exchanges that exist today since I have loyalty in top exchanges only. Bintex futures is a good exchange based upon to its ratings. When I searched their exchange, it just like trading in mercatox. But I don't know if the liquidity here is good or bad. Well, I will see it when there is a coin which I want to buy and this exchange is the only available market that I gonna buy the coin I want.

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November 16, 2020, 07:54:25 AM
 #29

In Crypto market number of altcoins and tokens are enter in the market. But few only make a big success in real time, so peoples are hard to predict the bintex futures. Because this was listed in BitForex and ChainX exchanges, those are plan for investing this token only two way is possible to catch. Normally majority of the peoples are mainly concentrate the top 50 coins so it takes more time to reach for many investors.

yes, bntx token now tradeable on bitforex and chainx but with low volume,
by the way when bintex futures platform will be active ? and people can trade bntx token on its own exchange with all the benefits

BNTX volume on Bitforex is also quite a lot, 24h volume $ 23,000,
yes in my opinion Bintex are quite promising, but I am regret it because the team rarely updates on their twitter,
if they always promote it then I believe Bintex will be increasingly recognized by the community.

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November 17, 2020, 05:02:20 PM
 #30

Not much ideal exchange for me since I am not a local trader of India. Honestly, I heard this exchange only this time because I am not aware to the exchanges that exist today since I have loyalty in top exchanges only. Bintex futures is a good exchange based upon to its ratings. When I searched their exchange, it just like trading in mercatox. But I don't know if the liquidity here is good or bad. Well, I will see it when there is a coin which I want to buy and this exchange is the only available market that I gonna buy the coin I want.
For local use, this exchange may even be among the leaders, since the Indian cryptocurrency market has large volumes, but for servicing, you need to have the appropriate cryptocurrency exchanges. In addition, taking into account the real trading volume per day, the Bintex exchange has quite effective indicators, taking into account the indicators of competitors. besides, I consider the presence of a mobile application, which simplifies the user experience, only adds liquidity.
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November 18, 2020, 09:28:58 AM
 #31

I have no imagery much about this project but probably this is a exchange platform so i can't give you surely. I don't touch this platform before but i gonna some research for you even my results there has no bright future. So be careful before your investment and make sure where you want profits.

When viewed from their social media, I think they are a good project,
because there are many followers, but their team rarely updates and this makes me confused, why?
If they want to increase trust in the community, they must make their social media active.

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November 18, 2020, 08:41:22 PM
 #32

I have no imagery much about this project but probably this is a exchange platform so i can't give you surely. I don't touch this platform before but i gonna some research for you even my results there has no bright future. So be careful before your investment and make sure where you want profits.

When viewed from their social media, I think they are a good project,
because there are many followers, but their team rarely updates and this makes me confused, why?
If they want to increase trust in the community, they must make their social media active.
In reality, social networks, in a sense, reflect the popularity of a project. Regarding Bitnex Futures, we can say that this project is really very actively interested and this is already a good claim to win. In addition, in the description of the project it is very clearly expressed that such an ecosystem includes all the possibilities of providing services to users, not only exchanging cryptocurrencies, but also including the BintexPay payment system, which offers an authentic token, an electronic wallet and chip cards. Not all competitors have such a set.
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November 18, 2020, 08:49:59 PM
 #33

I don't think the project have a chance without any real investment from VCs, most people may go against this but what VC's bring to the table is huge, if you want to enter a competitive space like exchange market and you have no serious backing to help you initially to scale and gain volume and users, good luck

I have seen someone talking in telegram with Bintex representative about the story of their "success". Bintex alredy had token sale, but managed to raised so little, so they decided to return funds to investors, and, probably, started a bounty campaign to get more attention. Now the plan to run a new round of presale.

They had already failed once, and now wants to repeat same strategy, as I did not see if they write they plan to use different strategy.

 
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November 19, 2020, 10:45:03 AM
 #34

I have no imagery much about this project but probably this is a exchange platform so i can't give you surely. I don't touch this platform before but i gonna some research for you even my results there has no bright future. So be careful before your investment and make sure where you want profits.

When viewed from their social media, I think they are a good project,
because there are many followers, but their team rarely updates and this makes me confused, why?
If they want to increase trust in the community, they must make their social media active.
In reality, social networks, in a sense, reflect the popularity of a project. Regarding Bitnex Futures, we can say that this project is really very actively interested and this is already a good claim to win. In addition, in the description of the project it is very clearly expressed that such an ecosystem includes all the possibilities of providing services to users, not only exchanging cryptocurrencies, but also including the BintexPay payment system, which offers an authentic token, an electronic wallet and chip cards. Not all competitors have such a set.

Their roadmap is indeed good, but if they are transparent to the community I believe this is a good project,
so far I don't see their team active in various social media, I don't know why?

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