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Topic: [ANN] AltEx The Altcoin Exchange (formerly BTCPool.Exchange) - page 2. (Read 3606 times)

member
Activity: 66
Merit: 10
Morning All

A update for you all after week one.

Several bugs have been found and fixed, in almost all cases reporters were rewarded for there troubbles,
almost all have been fixed and the system is running nicely.

Some statistics for you all,

APT Week 1 :-: Total BTC Value of Payouts 0.10 BTC
APT Week 1 :-: Total Users Paid in Round 19
APT Week 1 :-: Total Unpaid Users in Round 0
APT Week 1 :-: Order Count in Round - 119 with Fee

Registered Users - 128
Confirmed Registered Users - 105
Active Users - 105

Signature Campain Users Total :-:
Signature Campain Payout Total :-:



Some thoughts - well were rather chipper with ourselfs, its been productive, uptake has been a bit faster than expected
one the whole users are reporting posative experiances, a few "niggles" about the way data is displayed, but on the whole its been a great first week for us, well take that all day everyday and twice on sunday thanks.

So thank you to those who have taken the time to help visit chat etc


Wed better set some Goals For October so here they are, by the end of october heres where wed like to been

1000 Registered/Active Users
1 BTC In generated Fees
75 Coins
150 Markets
Fiat Markets Opened


Now onto a slighty worrying devolopment, we have found the first big bug, that has resulted in MINOR, coin loss, a user was able to exploit a call on the faucets and get more coins than they was entitled to, they attempted to reportert this to use, but before we had a chance to complete the investigation, said user cashed out for a whopping
monster total of 0.03 BTC, i have already replaced this from my own coin supplys, so theres no need to panic. Now this is important for everyone else who finds bugs, whilst bug hunting is usually done for the good of others, the moment you put a withdraw request for those coins it become theft, and wont be tollerated. The irony in this case here
is they got 0.03 BTC from the platform, and i would have personally paid them 1,000 APT, Worth way more than what they got, so Epic Win for the assailant there.


Whilst incidents like this are totally undesirable, and looking at the way exchanges deal with these incidents in the past, we feel it better to just be honest with our auidence at large, the user in quiestion has been banned from the software, and we will monitor this situation very carefully, the faucets are offline untill further notice (should only be a day), the BitCoin that was removed from the exchange 0.03 BTC has been replaced from my own Reserves, No user balances were touched, the incident was between the faucets and our distribution user, so the coins taken were our own to begin with (hopefully that makes some sence).

So there it is folks, a good week from where were sat.

Let us know what you think, how you think we can improve, if you have questions about the "incident" just fire away,
lets get you guys more of what you want and less of what you dont.



Oh one other thing

Features launching this month

Community Store
Game Token API ( A kind of what most of you know as steam )
Additional Faucets
Some New Games (I finished them at last)
PostNPay :-: A bit like steamit

legendary
Activity: 1400
Merit: 1001
Undeads.com - P2E Runner Game


MORE THAN JUST AN EXCHANGE!!

OK guys the signature and avatar payments have been sent to your accoutns and well done!!

2 payments were not paid to these users

everaja
&
hoian08091

I need you guys to go into the exchange and go to your balance page, so that it will create a APT wallet for you , you only need to go to the balance page you dont need to do anything else, once you have send me a message and ill get your APT to you guys!!

AltEx Team
legendary
Activity: 1400
Merit: 1001
Undeads.com - P2E Runner Game






Also guys dont forget to go to the faucets page and get you 10 APT for FREE!! as well as FREE MUE & BITB here = https://altex.ws/Faucets
legendary
Activity: 1400
Merit: 1001
Undeads.com - P2E Runner Game
MORE THAN JUST AN EXCHANGE




Well we just did our first profit payout for all APT Holders .

There were 19 users with APT in there account totalling 95 payouts over 5 different currencies!!

And it was a ABSOLUTE success ..!!

If you hold APT in your balance go to https://altex.ws/myaccount/aptpayouts the tab can be found at the top of your balances page and see how you went !!

remember if you hold only a small amount and your share was small it may not reflect as its rounded to the 8th decimal place !!
member
Activity: 66
Merit: 10
I see in this thread payouts for the ranks are different from signature campaign thread payouts like here you say 20APT weekly for full members  while in other thread it's 40APT.
Also wanted to know that what makes people to trade at your site when everything they need is already being provided to them in services such as for example: cryptopia and yobit not to mention the big and major exchanges like ccex, polo, bitrex, etc.

I don't think the design or your hard work going to do much in convincing people to leave the already well established exchanges and join yours, however I believe if you spend some from pocket and sustain a competition with yobit in terms of advertising for long term then it might be possible for you but very challenging.

We are talking about income as much as 3 or 4 BTC a day in fees earnings though after 2 or 3 months of heavy pocket spending.
If you really want to earn 4 BTC daily after 2 months then you seriously need to at least spend 0.5BTC just to advertise daily starting from now.

I wasnt gonna bother but screw it i will.

1. The fee thing will be fixed, i hadnt noticed that.

2. Cryptopia Yobit whatever, there outright exchanges, we will soon be offering alot more than just an exchange, if you read the posts, youd know that, were no intrested in making anyone leave another service, we want people to come and take a look, if they like what they see they will trade, you dont steal an audiance mate you build one, along with a community, and you do that with hard work and effort

3. Spend some from our own pockets, who do you think pays for the hosting, the software the coders and everything else??? 3 years in weve spent almost $50,000 of our own money already, weve spent more than $20,000 on our new platform, and we all work aswell 9 to 5. This aint every gonna be a get rich quick scheme, its a long term investment, its a long term project, we build update evaluate, weve come such along way from 3 where we was its not even funny.

4. No your talking about income of 3 or 4 BTC a day in fees, weve never mentioned how much we hope to make, it dont matter to us what we make, if we personally, break even id take that right now, im so not concerned about my earnings, i aint even taking my cut of the apt earnings, they will stay in the pot for the users. 2 Months, another arbirary timeline, weve never mentioned where we wanna be in 2 months, and it aint there. In the next 2 months wed take 2500 new user signups and consider that decent progress.



You dont walk before you run
You dont assume, it makes ass out of you and me
NASA Didnt just put a man on the moon
Physisits didnt just invent and explode the nuclear warhead

you spend your money, you build, you test, you evolve, you check, you recheck, only then do you send man to the moon, denonate a nuke, you walk before you run
legendary
Activity: 1400
Merit: 1001
Undeads.com - P2E Runner Game
I see in this thread payouts for the ranks are different from signature campaign thread payouts like here you say 20APT weekly for full members  while in other thread it's 40APT.
Also wanted to know that what makes people to trade at your site when everything they need is already being provided to them in services such as for example: cryptopia and yobit not to mention the big and major exchanges like ccex, polo, bitrex, etc.

I don't think the design or your hard work going to do much in convincing people to leave the already well established exchanges and join yours, however I believe if you spend some from pocket and sustain a competition with yobit in terms of advertising for long term then it might be possible for you but very challenging.

We are talking about income as much as 3 or 4 BTC a day in fees earnings though after 2 or 3 months of heavy pocket spending.
If you really want to earn 4 BTC daily after 2 months then you seriously need to at least spend 0.5BTC just to advertise daily starting from now.

Ok what it says on the official sig/avatar thread is what it is and we realise it takes time and there are more features coming that no one has , they will be revealed when we have finished testing them fully, as for advertising , that is coming , we have been at this building it for 2 years , and the people involved have many many years experience in coding/security/cryptos and trading , so be assured the platform will function as we want and will have features to make is a safe and enjoyable experience.

Thank you for your concerns mate, but we are following our timetable and have everything at hand !!
hero member
Activity: 588
Merit: 541
I see in this thread payouts for the ranks are different from signature campaign thread payouts like here you say 20APT weekly for full members  while in other thread it's 40APT.
Also wanted to know that what makes people to trade at your site when everything they need is already being provided to them in services such as for example: cryptopia and yobit not to mention the big and major exchanges like ccex, polo, bitrex, etc.

I don't think the design or your hard work going to do much in convincing people to leave the already well established exchanges and join yours, however I believe if you spend some from pocket and sustain a competition with yobit in terms of advertising for long term then it might be possible for you but very challenging.

We are talking about income as much as 3 or 4 BTC a day in fees earnings though after 2 or 3 months of heavy pocket spending.
If you really want to earn 4 BTC daily after 2 months then you seriously need to at least spend 0.5BTC just to advertise daily starting from now.
member
Activity: 66
Merit: 10
You just lowered the signature payouts?
Nice.

I think you are deeply confused dear fellow
legendary
Activity: 1400
Merit: 1001
Undeads.com - P2E Runner Game
You just lowered the signature payouts?
Nice.
What are you talking about lowered the signature fees??

If your talking about the faucet payouts , they have nothing to do with the signature payouts and they havent changed the amount

and faucets payout only once per account , signature/avatar payout weekly as long as they run !!
hero member
Activity: 588
Merit: 541
You just lowered the signature payouts?
Nice.
member
Activity: 66
Merit: 10
MUE Faucet is up
member
Activity: 66
Merit: 10
What is it with this world and a quick buck.

Makes me shake my head.


Anyways, Faucets, the following faucets will be opening over the coming hours, so keep your eyes open, cos once there empty there empty.

BitBean
MonetaryUnits
NutCoin

Enjoy
legendary
Activity: 1400
Merit: 1001
Undeads.com - P2E Runner Game
We have placed a faucet up you join and can claim 10 APT once , we will be adding more faucets soon !!

https://altex.ws/faucets
legendary
Activity: 1400
Merit: 1001
Undeads.com - P2E Runner Game



MORE THAN JUST AN EXCHANGE!!


Today i thought i would post a bit about some of the features within Altex.ws..

GAMES

The first game is DICE https://altex.ws/Games/Dice this is found under the Currency Games tab found on the menu on the left hand side of your screen



]This is a basic Hi/Low game Low = all number 49 and under and Hi = all numbers 51 and up, you basically pick whether you want to bet on low numbers or Hi numbers, 50 is owned by the exchange!!

For picking the correct HI or Low the payout is 1.25x the bet that you put up and there is a max cap on how much can be bet per game, all coins on the exchange can be used to play Dice!!



The Second game is called BONES this is based on Satoshi Bones, were you bet on the roll being under a certain number.




In this game you decide what the number will be lower than, lower the number you think it will be that you bet on if you win the payout multiplier is higher, you can bet BTC/LTC/DASH and MUE at the moment, we will be adding more currencies to this in the near future!


The 3rd game you will find under the Currency games tab , we call it POT OF GOLD!!



With this game you pay 0.0025 btc and a random number is generated if it matches the selected number which is 192 , you win everything in the pot, if its incorrect the pot grows and keeps growing until someone wins it. If you win it is added to you balance immediately -10% which is added to the APT weekly payout!!

All profits from the gaming section is added to the weekly APT payout for all people holding Altex Profit Tokens (APT)..


Altex Profit Token (APT)

Alot of people have asked about APT so here is the rundown on it..

AltEx Profit Token Information

APT is a mechanism to power progress and give you the chance to earn a regular payment and share of the profits we make. In total there are 1,000,000 Profit Tokens, this supply number is fixed and represents 100% of the Exchanges profits, 400,000 Coins are made available by this system and by means of promotions will eventually be in the hands of the community at large, whilst the other 600,000 coins are divided between the owners and operators of the AltEx Platform, meaning we get paid by the very system you get paid by.

Each week we total up the profits which are tracked in real time, and perform some simple maths, we divide the total of each coins profit by the total number of tokens, and then pay you based on the tokens you own, nice simple efficient and easy for everyone who owns to token to track and understand, this method is fully automated as well so payments will happen as regular as clockwork.

Unpaid Rounds

From time to time rounds may go unpaid, but don't be alarmed, the reason is insufficient coins to divide, the minimum payout is currently set to 0.00000001 and thus when we divide profits by tokens and its less than this, the job is aborted and run the following month until its paid
We recognise and understand some coins will not work particularly well, or could take months to earn a payout, usually coins with ultra limited total coins, should this be the case, or it becomes a problem, we will make some changes and pay those coins directly in BTC instead.
These can be bought on the exchange in its own market with a 0.2% trading fee , this can be traded like any other coin on the exchange and every week earnings from everything mentioned above are distributed directly to you account balance..

Any questions please come to the exchange and have a chat in the chatbox..



legendary
Activity: 1400
Merit: 1001
Undeads.com - P2E Runner Game

Well after many months of development and trial and error, we are coming to a point were we will be moving from Beta stage to Live launch and have been thinking of a way to promote our exchange platform and also give to members.
After much discussion between myself and my partner we have come up with the following :

We have designed a in house token called Altex Profit Token (APT for short) , there are in total 1 million tokens which represents 100% of the profit pool of Altex.
60% of these tokens will be held by the partners of Altex as exchange revenue.
The other 40% 400,000 tokens will be available to users and the public and all money raised will be used to improve the platform for the benefit of all user's.
There will never be more than 40% available to the public. So what will happen is all funds raised that come into the exchange , from trade fees, coin votes, ICO's and from gaming will all go into a central pool and every week this will be distributed to all holders of APT, this will be in the form of the actual fee that was generated, it could be btc,doge or any other coin that a fee was generated with , this will be placed directly into the account holders balance for them to do as they wish with, withdraw, trade or whatever.
APT cannot be withdrawn from the exchange platform, there is a dedicated market for buying and selling and this market will always have a 0% trading fee.

Signature Campaign Details

We have set aside 50,000 APT for Bounties and advertising campaigns.

The bounty for the signature campaign will be paid out on a weekly basis.

The signature must be displayed for the entire week(yes we will be checking)

To register you must send us your username on the exchange(so we know where to send APT to) in a message to my account on BitcoinTalk!!

This is open to Full Members, Member's, Senior Members, Hero Members and Legendary Members.

  • Members 10 APT per week
    Full Members 20 APT per week
    Senior Members 35 APT per week
    Hero Members 50 APT per week
    Legendary Members 60 APT per week
Signatures

Members and Full Members


.                ███████████████████████████ LIVE                       ───── More Than Just An Exchange ────
.                  ALTEX.WS CRYPTO EXCHANGE
.                ███████████████████████████                    BTC/LTC Markets Over 50 Trading Pairs●SecureEarn With APT

Code:
[color=#F1F2F4].[/color]                [url=https://altex.ws][color=black]███████████████████████████[/color] [color=#F00000][b][i]LIVE[/i][/b][/color]        [b][color=black][color=#CECFD1]               ─[/color][color=#ACACAE]─[/color][color=#898A8B]──[/color][color=#676768]──[/color][color=#444545]─[/color][color=#222222]─[/color] [i]More Than Just An Exchange[/i] [color=#222222]─[/color][color=#444545]─[/color][color=#676768]──[/color][color=#898A8B]──[/color][color=#ACACAE]─[/color][color=#CECFD1]─[/color][/color][/b][/url]
[color=#F1F2F4].[/color]                  [url=https://altex.ws][b][color=#E6A200]ALTEX.WS[/color] [color=black]CRYPTO EXCHANGE[/color][/b][/url]
[color=#F1F2F4].[/color]                [url=https://altex.ws][color=black]███████████████████████████[/color]                   [b][i][color=black] BTC/LTC Markets Over 50 Trading Pairs●[color=#AFAFAF]Secure[/color]●[color=#AFAFAF][color=#F00000]Earn With APT[/color][/color][/color][/i][/b][/url]
This should just be black for Members and color for Full Members (any dramas lat me know)

Senior Members

hero member
Activity: 616
Merit: 500
BLOCKCHAIN BASED MULTI-LEVEL MARKETING


GoldBlocks (GB) has been list on the voting list at AltEx

https://altex.ws/Home/Voting


Each 0.0005 BTC Sent to a Vote Address will add one Vote.
Ammounts of Less than 0.0005 BTC will not be counted as a vote
Automatic Listing will occure after 500 votes (or Zero Point Two Five Zero Bitcoin), All coins that make it onto the exchange by way of voting will have there market secured for at least 90 days.

Thanks, We have added 10 votes for GoldBlocks, we hope we will be listed. Thanks for adding GB to voting list.
legendary
Activity: 1400
Merit: 1001
Undeads.com - P2E Runner Game






there will be maintenance tonight 0200 to 0300 GMT
legendary
Activity: 1400
Merit: 1001
Undeads.com - P2E Runner Game


GoldBlocks (GB) has been list on the voting list at AltEx

https://altex.ws/Home/Voting


Each 0.0005 BTC Sent to a Vote Address will add one Vote.
Ammounts of Less than 0.0005 BTC will not be counted as a vote
Automatic Listing will occure after 500 votes (or Zero Point Two Five Zero Bitcoin), All coins that make it onto the exchange by way of voting will have there market secured for at least 90 days.
legendary
Activity: 1400
Merit: 1001
Undeads.com - P2E Runner Game
Just an update for you all this wonderfull  rainy Thursday morning, after a long ass day of migrations and such, were almost done folks a few more hours and  well be all good to go!! Wooohoooo

Anyways domain will be offline for a few hours today, don't panic, it will be back complete with the latest stable version, and no more updates, just bug fix's

Hope to see you soon
legendary
Activity: 1400
Merit: 1001
Undeads.com - P2E Runner Game



 Deposits and Withdrawals are disabled whilst we make some processor updates
 we expect this to take upto a day plz be paitent
 DO NOT DEPOSIT ANY COINS or you risk them going untracked

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