Topic: [ANN] BitMagge - Common Crypto Exchange service (Read 237 times)

But one question: why does your info page say that BitMagge is a decentralized exchange?
https://info.bitmagge.com/

Sorry, will change to centralized


Yes, i change the fees on the website, but forget to change the fees on Bitcointalk Tread

It's a positive thing that the withdrawal fees are low. When I say low, I mean compared to other centralized exchanges. 0.0001 BTC is better then what many other platforms are offering. But if you want to get your business up and running, you have to be willing to offer something better and cheaper than the big players.

But one question: why does your info page say that BitMagge is a decentralized exchange?
True, but people will mostly look to dump their bags on someone. With no liquidity, I don't see it as a viable business model.

i will try it

going into the business of exchange/trading platform is no easy task. as you said, trust is one factor that he will encounter in this endeavour.
btw, is the OP running solo on this project? he needs staffs to take care of other matters especially the security protocols of the site. because if he is not taking care of the security risks, his funds can easily be drained by these hackers. anyway, good luck to this project, everyone is welcome to set up their business but they should know the possible bottlenecks and issues that may arise upon venturing this industry.

Actually you may have a chance since there are plenty of shitcoins desperate to get listed somewhere.. anywhere.
I don't think that those will matter when looking for a good exchange, but it may help showing you can be trusted with user funds. Of course, the risk is high that the people with actual tradable coins will not go there, still, one good strategy would be to allow low limits (min traded funds) and low amounts for min withdrawal; and of course bearable withdrawal funds (sorry, I didn't look those up).

All in all, I'd recommend you advertise your exchange in altcoins area, you may have better chance...

to start an exchange business without initial capital and without associates cannot be considered serious. Crypto exchange can't be run as a hobby.
I'm not even sure what advice would be best. should you get an honest one, which you probably won't like, or should we praise you and give you support? in the end, you will be wasting your time and your energy.
So, good luck with this, you'll need it.

BitMagge, a very ordinary new crypto marketplace, with ordinary features.
I hereby announce, I am launching a crypto exchange website under the name BitMagge, I know what you're thinking, and it's unavoidable... it's based on trust. I really want to run a crypto market, for now this is all I can give.. in the future there will be some feature customization but I can't give an exact date when this will be completed, BitMagge has confirmed that it is stable to use.

BitMagge will focus on supporting the launch of new blockchain projects by providing a temporary marketplace for the project until the time when the new blockchain project has a better market. For new blockchain developers who have just launched a project, please contact me at the following email: [email protected] It's free, we accept donations.

Any exchange on BitMagge will incur a 0.0% fee for maker & taker on each trades. For withdrawal fees, please read this page for more details: https://info.bitmagge.com/coin-info

You have every right to ridicule my actions, but I will continue my desire to run a crypto trading website with passion, I hope you can provide input rather than ridicule.

Because I understand the form of running this business will require a very large capital, I present a Token from BitMagge called BitMagge Token (BTMT), This token can be purchased via: https://www.bitmagge.com/trading/btmttrx

Full Name : BitMagge Token
Ticker : BTMT
Decimal : 8
Chain : Tron
Max Supply : 1.000.000 BTMT (100%)

Your BitMagge Token (BTMT) reflects how much you own the BitMagge project.
Assume that 1 BTMT is 1 BitMagge Share. Every individual who owns BTMT is entitled to share the profits from Trading Fees which are accumulated every month based on the number of shares owned.
35% of BitMagge's earnings will be kept as a financial reserve to improve services, and 65% will be distributed to shareholders.

My vision as the owner of BitMagge is to provide a crypto exchange where we don't just look at big projects, but help small projects grow so that we can all achieve our goals.

Website : https://www.bitmagge.com
Trading Fees : http://info.bitmagge.com/trading-fee
Coin Information & Fees : http://info.bitmagge.com/coin-info
Api Documentation : https://docs.bitmagge.com
Free Tron (TRX) : https://claim.bitmagge.com

Twitter : https://twitter.com/BitMagge
Telegram : https://t.me/bitmagge (Channel) & https://t.me/bitmaggeglobal (Group)
Discord : https://discord.gg/HzJHhx2F8x