A revolutionary new bitcoin exchange with automatic trading - CoinX

[deepbtc]

My name is John and I’m fascinated by bitcoin. I’ve been following bitcoin for more than 2 years now and even though I dont post on this forum I regularly read threads and follow bitcoin news.

I’ve always wanted to exchange bitcoins but I’ve not found a very simple solution, and by simple I mean as simple as buying and selling bitcoins offline but without the risks and inconveniences involved.

Idea: A simple web and mobile application that allows users to exchange bitcoins with their local currency, as simple as buying (either bitcoin and/or a local currency)

Security: SSL encryption, super secure PCI compliant hosting with regular Vulnerability Scans and audits. We protect your privacy with military grade encryption and we store 100% of your bitcoins offline in safes and bank vaults so there is nothing to steal even if we get hacked! Not to mention Two-Factor Authentication, SMS verification and hourly backups.

Most bitcoin exchanges take as high as 0.5% fees on every trade, even if the trade is not profitable, not to mention deposit and withdraw fees. We simply take a small fee from the profit made (not the whole trade) and we won't take any fees if you don't make a profit. Deposits and withdrawals are always free!

We have based CoinX on automatic trading with trade protection meaning that our system makes sure you make a profit on trades executed, but we also have the option to open trades manually so we have the best of both worlds. Automatic trades are executed using our trading algorithm without any extra steps and software on your side.
Risk management: You can set a % of total bitcoin/other currency balance for each trade, with a max number of trades.

Deposits: Deposits can be made only by bitcoin or prepaid cash codes. Anyone can issue cash codes (from main ballance) in many currencies and give them to family, friends and even sell them. Any person that refers a new user earns a percentage of the fees for that person!

Withdraws will be made weekly, and only the total withdraw will be sent from the main offline wallets to the withdraw wallet then automatically sent. This way even if we get hacked there are no bitcoins to steal.

We are giving away one bitcoin to 100 beta testers in bitcoin, and another one to 100 beta testers as USD, THB, GBP, EUR or any other currency to exchange in the exchange.

http://coinx.io/

Best regards,
John (MMD)

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[deepbtc]

I forgot to mention that exchanging this way is very safe because you can’t exchange any currency/bitcoins that you don’t have and all currency/bitcoins exchanged are transferred automatically once an exchange take place.

[jessepollak]

happy to beta test if you still need people! I don't do that much volume, but could still be useful

[deepbtc]

happy to beta test if you still need people! I don't do that much volume, but could still be useful

you will be contacted, what is your skype ID? and where are you located? 193 more beta testers needed.

[Spayse]

I like your project. I will not become a beta tester but I hope it will successful.

[deepbtc]

I like your project. I will not become a beta tester but I hope it will successful.

Thank you.

[deepbtc]

189 more beta testers needed.

[Snail2]

I like this project and I'd be happy to test it.

[Reynaldo]

I could test it, pm.

[deepbtc]

174 more beta testers needed. I will update the thread with more features and enhancements soon.

[NewJerseyJess]

That's one bitcoin split between the 100 testers?

[Bardman]

I would like to participate aswell, from romania

[deepbtc]

That's one bitcoin split between the 100 testers?

You are correct, and you can turn on automatic trading which automatically buys/sells bitcoin from other users making a little profit every few seconds and growing your BTC. You can also refer friends and family and get a percentage of the fees on every one of their trades too.

[cheekychap]

I might be able to test it as well. Feel free to send me a pm for it.
Good luck

[troy112]

Would like to try it out...

[mishax1]

Is this operational already? an alpha/beta?

[achow101_alt]

I would like to test this. Especially the automatic exchange.

[Snail2]

BTW when we can expect to see your site? Not a rush but it would be nice to try automated trading.

[jeffhuys]

How do we know you won't just run away with our bitcoins? I really love the idea, but I don't want to put money on a service that a stranger built that promised me a bitcoin, you know... It's very tempting to just run away with those coins.

[Berau]

Fees: What do you recommend? A low fee or flat monthly subscription that all users can get a commission from (30%-50%)

Did you mean 30%-50% fee or a low fee with 30%-50% commission for promoters?

Thanks