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Author Topic: NEW EXCHANGE! Become A Market-Maker & Trade Your Altcoins For Free | CryptoCzar  (Read 1468 times)
prasnik (OP)
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April 05, 2014, 11:22:39 PM
Last edit: April 05, 2014, 11:47:59 PM by prasnik
 #1

 
https://cryptoczar.com/img/forum/1/logo_w_462.png

Hello, we are CryptoCzar, a US based FinCEN registered Crypto-Currency Exchange.
Yes another day, another exchange! Smiley  (we can almost hear you say it)

          

We are aware that in the past couple of months there has been a flurry of new exchanges and that it has become very tough to figure out which ones to trade on and which ones not to.
That said, we definitely think our exchange has something unique to offer you.


https://cryptoczar.com/img/forum/1/become_a_market_maker_600.jpg


We identify you as a 'Market-Maker' when you place open buy or sell orders on our exchange. When you are not looking to buy or sell immediately, you place an open order at a rate/price that suits you. If another trader "completes" your open order by either buying or selling what you offered, he takes away liquidity from the exchange and is thus charged a nominal fee. The cost of the trade to you in such an instance is Zero! Free! Nada!

HOW DOES THIS STYLE OF TRADING BENEFIT YOU?

Currently, other exchanges profit by charging a fee both ways i.e. if you are looking to buy/sell immediately, you are charged a fee; and if you put up open orders and the trade executes, you are still charged a fee.
At CryptoCzar, Market-Makers benefit because they are not charged a fee for bringing their Cryptos (or liquidity) to the market. Traders benefit because they have access to fair prices in a liquid market that Market-Makers provide. This win-win situation is important for the long term growth of both the trading community and exchanges.

Here is a list of coins we currently support while in Beta:

BTC
LTC
DOGE
DGC
CGB
EAC
FTC
NVC
PPC
QRK
WDC
XPM
AUR
POP
AUT


We would obviously like to hear from you in terms of your experience and of the coins that you would like to see on our exchange in the future.


https://cryptoczar.com/
Regards,
Team C’Czar

“Don’t be just a crypto-trader, be a CryptoCzar!”

techdoc2014
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April 05, 2014, 11:55:21 PM
 #2

Love the crown on the C   Grin Grin Tongue Cheesy

http://www.quickmeme.com/img/34/34e420be1b862eaee90f8f31fd3136b555e034251f4984d2377c20ec95bd8313.jpg
fernan1nce
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April 06, 2014, 12:13:26 AM
 #3

 Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Cool Cool Cool Cool Cool Cool Cool Cool Cool Cool

Nice website it's neat and accurate.

http://www.quickmeme.com/img/65/658ec818915ef341cab4db31a002b6690cae30fc0b53bb88428dc301e0ae78a3.jpg
dgbizn
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April 06, 2014, 12:58:18 AM
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Hi , i'm a day trader and i know usually market making means a rebate not free trades.. how does it work on yours? I am curious.
prasnik (OP)
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April 06, 2014, 01:36:23 AM
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Hi , i'm a day trader and i know usually market making means a rebate not free trades.. how does it work on yours? I am curious.

Ah only Day traders would get this! Yes that's the traditional exchange idea but it gets quite complicated initially for new users to figure out the rebate bit. So we figured we'd keep it simple and allow Market Makers Free trades. Who knows the future with more volume we could expect your idea to be implemented too!
prasnik (OP)
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April 13, 2014, 05:51:28 AM
 #6

Hi Community members, just a quick update. We were the main sponsors at Cryptocurrency Convention in New York City.
Had the great opportunity of connecting with all the coin developers! We are extremely excited to be working with a few of them to come on to our exchange.

Here is a link to the website:

http://www.cryptocurrencyconvention.com/
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