Topic: [ANN] (ICO) EUCX | European Cryptocurrency Exchange (Read 1238 times)

This is true. It is allowed for now, but we have to prepare for the new AML/CTF laws in 2020. Might as well start now.

bjammerboy does not ring a bell. We will check out network.

We are having to defend ourselves heavily, yes. We understand that there have been tons of scams.

We understand that this industry is new, young and tons of projects in the blockchain space were started by young, unprofessional and inexperienced people, who simply didn't understand what they were getting themselves into.

Regardless to say, we are not like that. We know what we're doing. We're a legit project, we have the connections and the professional network and the skills to make something of this. To become a market leader.

Will everything go without a hitch? Nope. But that's life. Life happens, but we push through.

If anyone has any questions, we want to know that we are here to answer them. We are fully transparent on who we are, what we're doing and when we're doing it. And, like we mentioned before, but can't stress enough: we are working together with government organizations to make sure we have properly implemented the AML5 laws BEFORE 1-1-2020. We want, nay NEED, to do this right. Period.

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ANNOUNCEMENT
Today EUCX formally signed an agreement with Vicarium (https://vicarium.io). Vicarium is now a significatn shareholder of EUCX with drs. Hans Koning and dr. David Meszaros joining the EUCX Leadership next to Eric H. den Boer and Erwin R.B. Kuipers. Vicarium offers Legal, Business and Governance - 21st Century Boutique Style Corporate Services. Vicarium will play a major role in solidifying the legal and regulatory basis that EUCX has laid the groundwork for.

New exchanges are always good additions. Hopefully, we need more competitive exchanges to break the monopoly by the few on the market

KYC for to participate in an ICO  this is so 2017 You should have go to IEO route instead of ICO. In this way you don't need to ask for KYC documents for possible investors since exchange already taken care of it.

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The European Cryptocurrency Exchange (EUCX) is a curated cryptocurrency exchange and fiat on-ramp that fills the gap in secure and regulated exchanges for the sophisticated trader, professional trader and boutique firms.

While other exchanges go out of their way to avoid regulatory oversight, EUCX does the opposite by actively complying with current financial laws and seeking and staying in close discourse with regulators & authorities.

EUCX is powered by a proprietary matching engine capable of matching 4 million orders per second while detecting illicit activities in real time which has been securely developed completely in house.

On top of these strong here are some of the EUCX key features :

• Lowest taker/taker fees of 0.08% ( 0.04% while paying with EUCX token )
• Zero fee trading for premium accounts
• AML5, MiFID II & PSD2 compliance
• 2x leverage CFDs for all listed assets
• EUCX indices
• Fiat on-ramp
• Transparency
• Business accounts
• Accountability

Please read through our EUCX whitepaper for more details.

Netherlands Chamber of Commerce No. :  73140848
EU VAT No. : NL859370616B01
US SEC CIK No. :  0001764702

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The EUCX Token (symbol “EUCX”) is a utility token.

The EUCX token can be used to pay maker/taker fees and to purchase additional features on the EUCX platform. The tokens do not represent shares of the EUCX legal entity/entities.
The EUCX Token is a basic ERC-20 token. EUCX has no intentions to run a separate blockchain in the near or distant future.

EUCX Tokens can be used for:

• Withdrawal fees
• Trading fees
• Listing fees
• Subscription fees (1 month at a time)

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• Founding Team members’ allocation is sent to an escrow contract which releases the tokens in tranches every month for three years. This vesting period starts the moment version 1.0 of the platform is released.
• Tokens held by the Company are added to the Company’s assets/balance.
• The Calamity Fund is used for potential calamities involving lost user funds and payouts for the Bug Bounty Program. Team members and/or employees and/or their direct relatives are excluded from receiving payouts through the Bug Bounty Program.
• Unsold tokens are evenly spread over the Company Reserve and Calamity Fund.Token Allocation

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The following KYC documents are valid and a photo of it may be uploaded.

• Valid passport
• National ID
• Driver’s licence (EU/EEA/Schengen only) of non-restricted countries

You will also need to upload a selfie with the uploaded document in question for verification.

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Individuals who are nationals or residents of the following countries are NOT permitted to participate in the EUCX token sale based on the FATF’s High Risk list

• Botswana
• North Korea
• Ethiopia
• Ghana
• Iran
• Pakistan
• Sri Lanka
• Syria
• Trinidad and Tobago
• Tunisia
• Yemen

Accredited Investors from the United States can participate in the EUCX public presale.

Registration D has been filed with the US SEC with the following EDGAR Registration number.
0001764702

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Join our official community telegram & follow us on twitter to stay upto date on our latest developments.

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The EUCX token sale website is now live https://eucx.io/.

All participants need to undergo a standard KYC procedure to be eligible for participating in the EUCX token sale.

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After undergoing our strict and thorough QA procedure and verification we proudly welcome $ECA as a launching coin in Q4 2019 on the EUCX platform. ECA_Foundation is one of those honorable, serious and transparent projects with solid fundamentals. Exact trading pairs to be announced later this year.

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Joni Leimala @jleimala, CEO of AdCoinHQ and board member of the European Blockchain Foundation has joined the EUCX advisory team. Joni brings along years of experience in the field of advertising and VC funding. His professional career has included tasks such as entrepreneurship, university lectures, public speaking, technology ventures, authoring a book, consultancy, marketing for MNCs and architecting corporations.

Robert Bakker @RobertSB84 would be joining us as an advisor to EUCX. He is a board member and treasurer of the ECA Foundation. Robert will be guiding us on our implementation of PSD2 and MiFIDII and further solidifying our regulatory compliance and governance.

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Join our official community telegram and follow us on twitter to stay upto date on our latest developments.

Please refrain from making personal attacks.

Thanks for your first sentence in your reply being a passive aggrey all by itself. Which just shows what kind of organisation you are.

Heres a little quote from something you posted in reply to a review of eucx on icobench:

"We did notice, however, that you are an advisor on not one, but two(!), COMPETING projects here on ICObench. Is this how you help them as an advisor, by spreading FUD about the competition? They must be really happy with you as an advisor. How much do you stand to lose should we outgrow them? "

No aggressive responses? Lol. Also on twitter there's plenty of passive aggressive stuff going on. Makes me wonder if you are either 15, 17 or 30-sumtin living with his or her mom.

About the sec and being extradited. Registering with the sec is not a big deal at all. In our country the sec is considered a total joke and is widely used by scammers to setup their fraudulent businesses ('but look, we're with the sec, so don't worry!'). If you don't register with the sec you'd be extradited as well, as long as there is indeed a treaty. And that's not even, as you say, "period". You don't understand how extradition works. If you fuck something up so bad that you have to be extradited, you're probably fucking up on international level and chances are much bigger that you'll be punished by your own court of law and no extradition would be required. You're not murdered and war criminals you know, you're just a bunch of guys trying to make a quick buck.

If you want to convince me or the community on your product, you probably could, but not with the kindergarten marketing stuff you are trying to pull. Your "win prizes but you have to follow us on Twitter!" campaigns are just the same as other crash&burn icos buying their followers because they have nothing else to show for.

Entrepreneurial MD huh? So convince me and the community and tell me something real instead of all the vague stuff you are feeding us. What insanely successful tech companies did your MD (which is probably the person I'm talking to right now) setup? Give me names, URLs, anything that may convince us of him have a decent track record.

Also, you're obviously completely careless about the fact that you're asking millions of $ from people for something that doesn't exist and you have nothing to tell us about. Show us the technical roadmap and it's milestones. What platform are you building this on. Who is your tech team? A platform this big NEEDS to have a decent tech team with talented developers, managers and QA. So who are they exactly?

Stop with the "we could go to jail! So trust us!" bullshit and actually convince the people. If you do, you'll get those millions you are after because you actually have something to show for.

Hi,

Great to see you join this community and that your first post is about us! Let's begin..

There is nothing to show for, because we are new and still developing the exchange. Inactive github account, yes. We are not going to open source our exchange. We will, however, publish API documentation and other relevant documents for developers. We've already begun the process of doing so. The technology will get an external audit, in due time. As for the MD not having any crypto-related track record, well, he has an IT-related and entrepreneurial-related background/track record.

Your argument that this is a cash grab is pretty silly. We are registered with the US SEC. And while this might not have anything to do with EU law directly, we all know how extradition treaties between the Netherlands and the US are... if we screw you over, we go to a US jail. Period. Apart from that, we are in close discourse with our own government, regulator and central bank (as you can see on our Twitter with actual photos). If we screw you over now, we at least get investigated and in 2020, we go to a Dutch jail. Period.

Concerning the "agressive responses", could you please be more specific or show an example? As far as we know, no one on our team has been agressive.

The chamber of commerce, well, we're not exactly proud of it, but we've received great feedback on being transparent on that part. We thought it was weird, as well. Who knew ... Having said that, it's never bad to be open and transparent. Should businesses want to work together with us, they can easily access the needed information through public records.

If you have any more questions, please let us know.

I came across eucx on some bad Reddit ad and decided to look a bit further into it. Concept is, although not all very unique, interesting.

But... How come there is absolutely nothing to show for? Inactive GitHub account, no proof of any kind of actual technology and managing director has no crypto related track record of any kind. Honestly it seems like this whole thing is just trying to generate cash just to crash and burn right after. I've seen some pretty aggressive responses from eucx staff on other websites so obviously any type of criticism or questions are not appreciated which is even more reason to be alarmed. Wonder what's up with all that.

Last but not least eucx seem to be very proud of having things like a chamber of commerce and vat number... Which makes no sense either. In the country that they are operating in, The Netherlands, those things are extremely easy and trivial things to get. Why make such a big fuss out of that?

All these alarm bells and no real answers...

Is this email address <[email protected]> Connected to your company?

Ive been receiving SPAM from this email promoting EUCX Awareness Contest but i don't remember sharing my email on your platform.

actually, it is good to read a response like this from the team. it just shows you have confidence on your project no matter what is thrown to you. And you can't remove the fact that most people have had enough with all these ICO drama, that's why you are receiving hesitations from the community. but we can't also deny the idea that your team is the only one that knows your actual capability in delivering the success of this platform. so good luck!

Maybe you can try to posting something more constructive, not only >great project< posts. It's a spam post, and forum moderators always delete posts like that.


Also, whenever I see these fake bumps, am not interested. It's the worst marketing strategy ever.

Thanks!

For those that are interested:

We are officially registered in the Netherlands with the Dutch Chamber of Commerce, number: 73140848 - You can find our data here
Our VAT number is NL859370616B01 - You can validate our VIES VAT number with the European Comission here

And not to forget: our founding team members allocation is even vested for 3(!) years, starting from the launch of V1.0 of the EUCX platform. We believe in our product and project and thus we are willing to show that to the world.

if write in one word, then anyone who enters this project will suffer huge losses. and not the fact that then will be able to sell their tokens. im have seen many similar projects, but the result is always the same.

They are a launching an exchange platform with scheduled v1.0 release date on Q4 2019. This will be a long waiting game for anyone who will invest in their project. There's no exchange listing on their roadmap so the only place investors can trade is using their platform


  GoodLuck to the ICO BUMPERS A bad marketing move by project owners

yes, this is a good way to start a legal business and the first thing that i usually look for an exchange. because most of them are built to get money from their customers. with legal docs in place, an exchange will make sure that they are following the protocols.


i think that's one hurdle for potential investors. long running ICO means you need to expect that your money will not be seen for a year at least. because there will be extensions or delays in exchange listings and other obstacles along the way.

The ICO phase will run for more than 6 months? isn't that too long to collect some money from investors?

What's the ICO softcap and hardcap?

The European Cryptocurrency Exchange ("EUCX") is a new cryptocurrency exchange with a global focus, based in the Netherlands, filling the gap in secure and regulated exchanges aimed at the sophisticated trader and boutique firms.

they have 0 fees trading and EUCX has list on token searching below, its mean they very legitimate project
EUCX (EUCX) - ICO rating and details
European Cryptocurrency Exchange ICO