[ANN] Lykke - Trade Bitcoin, Ethereum, FX and Digital Assets - page 64.

lamouette

newbie

Activity: 6

Merit: 0

@tempus

Yes it's solved, thanks very much Wink

, I'll take this occasion to ask a few questions about Lykke:

What are currently, the steps to trade / withdraw / deposit EUR or USD to the lykke wallet ?

I don't really understand the concept of colored coin, what does it mean ?? Huh

Do you plan on launching a desktop / web platform in addition to the mobile app ? It could accelerate a lot the usage of lykke exchange ...

EDIT: on the app, I see there's LKK and LKK1Y coins, what do LKK1Y represent ??

That's al for now, thanks for your time

tempus

legendary

Activity: 1960

Merit: 1128

@lamouette: just got the info that a user (maybe you?) wrote to support with the same issue and it's solved. And they'll update the client.

If it was another user and your problem isn't solved yet, please write to support. They would need the email address you used to register on Lykke.

tempus

legendary

Activity: 1960

Merit: 1128

Quote from: lamouette on March 21, 2017, 01:58:27 PM

Hey @tempus

I just download the app, deposited some BTC, and tried to send BTC from private wallet to trading wallet, a message poped up saying "it failed", and now both balances (trading and private) are at 0, is it a known bug ?? It's very odd. Should I just wait ?? Huh

What you could do is to check both addresses on the blockchain-explorer: https://blockchain.info

I'll also ask on slack and let you know once I have reply. But it's possible that they would ask that you write to [email protected].

lamouette

newbie

Activity: 6

Merit: 0

Hey @tempus

I just download the app, deposited some BTC, and tried to send BTC from private wallet to trading wallet, a message poped up saying "it failed", and now both balances (trading and private) are at 0, is it a known bug ?? It's very odd. Should I just wait ?? Huh

tempus

legendary

Activity: 1960

Merit: 1128

Lykke and Worldview International Foundation event in Bangkok

Lykke, a Swiss Fintech company building a global marketplace on the blockchain, and international NGO Worldview International Foundation (WIF) invite you to join a Blockchain & Natural Capital discussion. The talk, entitled Financing the Future of Sustainability, will take place on March 23, 2017, at Foreign Correspondents' Club of Thailand in Bangkok. (...)

https://www.lykke.com/company/news/lykke_and_worldview_international_foundation_event_in_bangkok

tempus

legendary

Activity: 1960

Merit: 1128

Quote from: DesertDuke on March 21, 2017, 08:35:26 AM

Quote from: tempus on March 21, 2017, 08:16:17 AM

Quote from: DesertDuke on March 21, 2017, 05:13:58 AM

Quote from: texasvsjohnson on March 16, 2017, 12:39:30 AM

Quote from: xlcus on March 15, 2017, 09:03:39 PM

Lykke is an exchange, right?

How can I involve in?

download the lykke app on ios or android and then you can sign up and buy lykke coins. Or check out the website. Right now they have an app as the exchange but they are going to have a website down the line. Its a forex exchange where Olsen is going to set it up where you can trade anything on the website. And there will be no fees for trading so will be very liquid exchange. People have asked where they make their money. I believe it will be from other big businesses that want to be part of the lykke exchange eco system. Customers don't get charged anything but the businesses will be charged to use the platform. I could be wrong, but I believe thats how its going to be set up.

if I want to buy some Lykke, should I deposit BTC directly in my 'Trading Wallet' OR deposit BTC to my 'Private Wallet' and then transfer to the 'Trading Wallet' on the mobile app ? or doesn't it make any difference ?

To buy and trade you need to deposit to the Trading-Wallet and you can do that directly. If you want an additional security-layer after buying LKK you can transact them to the private wallet using the cold-wallet-feature.

Thanks for your responses, most helpful.

Anytime!

DesertDuke

sr. member

Activity: 315

Merit: 250

Quote from: tempus on March 21, 2017, 08:16:17 AM

Quote from: DesertDuke on March 21, 2017, 05:13:58 AM

Quote from: texasvsjohnson on March 16, 2017, 12:39:30 AM

Quote from: xlcus on March 15, 2017, 09:03:39 PM

Lykke is an exchange, right?

How can I involve in?

download the lykke app on ios or android and then you can sign up and buy lykke coins. Or check out the website. Right now they have an app as the exchange but they are going to have a website down the line. Its a forex exchange where Olsen is going to set it up where you can trade anything on the website. And there will be no fees for trading so will be very liquid exchange. People have asked where they make their money. I believe it will be from other big businesses that want to be part of the lykke exchange eco system. Customers don't get charged anything but the businesses will be charged to use the platform. I could be wrong, but I believe thats how its going to be set up.

if I want to buy some Lykke, should I deposit BTC directly in my 'Trading Wallet' OR deposit BTC to my 'Private Wallet' and then transfer to the 'Trading Wallet' on the mobile app ? or doesn't it make any difference ?

To buy and trade you need to deposit to the Trading-Wallet and you can do that directly. If you want an additional security-layer after buying LKK you can transact them to the private wallet using the cold-wallet-feature.

Thanks for your responses, most helpful.

tempus

legendary

Activity: 1960

Merit: 1128

Quote from: DesertDuke on March 21, 2017, 05:13:58 AM

Quote from: texasvsjohnson on March 16, 2017, 12:39:30 AM

Quote from: xlcus on March 15, 2017, 09:03:39 PM

Lykke is an exchange, right?

How can I involve in?

download the lykke app on ios or android and then you can sign up and buy lykke coins. Or check out the website. Right now they have an app as the exchange but they are going to have a website down the line. Its a forex exchange where Olsen is going to set it up where you can trade anything on the website. And there will be no fees for trading so will be very liquid exchange. People have asked where they make their money. I believe it will be from other big businesses that want to be part of the lykke exchange eco system. Customers don't get charged anything but the businesses will be charged to use the platform. I could be wrong, but I believe thats how its going to be set up.

if I want to buy some Lykke, should I deposit BTC directly in my 'Trading Wallet' OR deposit BTC to my 'Private Wallet' and then transfer to the 'Trading Wallet' on the mobile app ? or doesn't it make any difference ?

To buy and trade you need to deposit to the Trading-Wallet and you can do that directly. If you want an additional security-layer after buying LKK you can transact them to the private wallet using the cold-wallet-feature.

tempus

legendary

Activity: 1960

Merit: 1128

Quote from: emreunsal10 on March 21, 2017, 05:12:00 AM

Quote from: tempus on March 20, 2017, 02:20:45 AM

Quote from: emreunsal10 on March 20, 2017, 02:18:42 AM

Quote from: tempus on March 20, 2017, 02:12:49 AM

Quote from: emreunsal10 on March 20, 2017, 01:48:46 AM

I can't buy bitcoin via my usd, or i can't deposit usd right now. And my credit card shows my transaction, but on lykke, i cant see any usd.

I sent an email to support, it's been one hour now, but noone replied me back. WTH is going on?

I've asked on Slack and I'm sure you'll get a reply on your support-mail. It's a little bit complicated with US-customers during the regulatory process and as far as I know no new customers will be verified until it's done. What I don't know is how that affects those who are already verified. But, once I have reply I'll let you know and like said, you will get answer on your mail.

Thanks. They are currently working on my issue, at least this is what they told me.

Okay, good to hear that! Hopefully it will be solved quickly.

Nearly after 24 hours, my problem resolved.. It's been a hard process, tho.

Okay, but good that it is solved.

tempus

legendary

Activity: 1960

Merit: 1128

Quote from: DesertDuke on March 21, 2017, 04:58:16 AM

I have a question about inflation for anyone who is knowledgeable about Lykke; there are 30 million tokens in circulation with a total of 1.285 billion tokens available, when and how will those additional tokens get released ?

The 30 million is the number of the crowdsale of September/Octover 2016. In the most recent crowdsale 50,000,000 LKK1Y were sold - forward contracts for LKK. Investors have the choice to trade those tokens as contracts or to lock them up for 365 days and after that they will be swapped to LKK-shares. Since it's unlikely that all Investors pull the 365-day-trigger at once they will slowly reach the market.

The majority of LKK is in the hands of founders, team, angel-Investors and company and of course it's in their own interest not to hurt the market price (that would lower the value of the company). If Lykke should start to make profit soon it's likely that they won't sell that much more. If funds should be needed there may be another crowdfunding like the recent one. But in all possible scenarios it would be done carefully.

I don't believe that the majority of supply will ever reach the market. It will always be a decision between being funded to be able to develop fast (not just the technical side, but also for regulatory processes for example) and not to hurt overall value of the company.

DesertDuke

sr. member

Activity: 315

Merit: 250

Quote from: texasvsjohnson on March 16, 2017, 12:39:30 AM

Quote from: xlcus on March 15, 2017, 09:03:39 PM

Lykke is an exchange, right?

How can I involve in?

download the lykke app on ios or android and then you can sign up and buy lykke coins. Or check out the website. Right now they have an app as the exchange but they are going to have a website down the line. Its a forex exchange where Olsen is going to set it up where you can trade anything on the website. And there will be no fees for trading so will be very liquid exchange. People have asked where they make their money. I believe it will be from other big businesses that want to be part of the lykke exchange eco system. Customers don't get charged anything but the businesses will be charged to use the platform. I could be wrong, but I believe thats how its going to be set up.

if I want to buy some Lykke, should I deposit BTC directly in my 'Trading Wallet' OR deposit BTC to my 'Private Wallet' and then transfer to the 'Trading Wallet' on the mobile app ? or doesn't it make any difference ?

emreunsal10

sr. member

Activity: 854

Merit: 256

Quote from: tempus on March 20, 2017, 02:20:45 AM

Quote from: emreunsal10 on March 20, 2017, 02:18:42 AM

Quote from: tempus on March 20, 2017, 02:12:49 AM

Quote from: emreunsal10 on March 20, 2017, 01:48:46 AM

I can't buy bitcoin via my usd, or i can't deposit usd right now. And my credit card shows my transaction, but on lykke, i cant see any usd.

I sent an email to support, it's been one hour now, but noone replied me back. WTH is going on?

I've asked on Slack and I'm sure you'll get a reply on your support-mail. It's a little bit complicated with US-customers during the regulatory process and as far as I know no new customers will be verified until it's done. What I don't know is how that affects those who are already verified. But, once I have reply I'll let you know and like said, you will get answer on your mail.

Thanks. They are currently working on my issue, at least this is what they told me.

Okay, good to hear that! Hopefully it will be solved quickly.

Nearly after 24 hours, my problem resolved.. It's been a hard process, tho.

DesertDuke

sr. member

Activity: 315

Merit: 250

I have a question about inflation for anyone who is knowledgeable about Lykke; there are 30 million tokens in circulation with a total of 1.285 billion tokens available, when and how will those additional tokens get released ?

tempus

legendary

Activity: 1960

Merit: 1128

Quote from: emreunsal10 on March 20, 2017, 02:18:42 AM

Quote from: tempus on March 20, 2017, 02:12:49 AM

Quote from: emreunsal10 on March 20, 2017, 01:48:46 AM

I can't buy bitcoin via my usd, or i can't deposit usd right now. And my credit card shows my transaction, but on lykke, i cant see any usd.

I sent an email to support, it's been one hour now, but noone replied me back. WTH is going on?

I've asked on Slack and I'm sure you'll get a reply on your support-mail. It's a little bit complicated with US-customers during the regulatory process and as far as I know no new customers will be verified until it's done. What I don't know is how that affects those who are already verified. But, once I have reply I'll let you know and like said, you will get answer on your mail.

Thanks. They are currently working on my issue, at least this is what they told me.

Okay, good to hear that! Hopefully it will be solved quickly.

emreunsal10

sr. member

Activity: 854

Merit: 256

Quote from: tempus on March 20, 2017, 02:12:49 AM

Quote from: emreunsal10 on March 20, 2017, 01:48:46 AM

I can't buy bitcoin via my usd, or i can't deposit usd right now. And my credit card shows my transaction, but on lykke, i cant see any usd.

I sent an email to support, it's been one hour now, but noone replied me back. WTH is going on?

I've asked on Slack and I'm sure you'll get a reply on your support-mail. It's a little bit complicated with US-customers during the regulatory process and as far as I know no new customers will be verified until it's done. What I don't know is how that affects those who are already verified. But, once I have reply I'll let you know and like said, you will get answer on your mail.

Thanks. They are currently working on my issue, at least this is what they told me.

tempus

legendary

Activity: 1960

Merit: 1128

Quote from: emreunsal10 on March 20, 2017, 01:48:46 AM

I can't buy bitcoin via my usd, or i can't deposit usd right now. And my credit card shows my transaction, but on lykke, i cant see any usd.

I sent an email to support, it's been one hour now, but noone replied me back. WTH is going on?

I've asked on Slack and I'm sure you'll get a reply on your support-mail. It's a little bit complicated with US-customers during the regulatory process and as far as I know no new customers will be verified until it's done. What I don't know is how that affects those who are already verified. But, once I have reply I'll let you know and like said, you will get answer on your mail.

emreunsal10

sr. member

Activity: 854

Merit: 256

I can't buy bitcoin via my usd, or i can't deposit usd right now. And my credit card shows my transaction, but on lykke, i cant see any usd.

I sent an email to support, it's been one hour now, but noone replied me back. WTH is going on?

tempus

legendary

Activity: 1960

Merit: 1128

Quote from: mtnsaa on March 19, 2017, 05:03:34 PM

Again, I can really use ETH markets right now, I don't hold any BTC whatsoever at the moment and I won't be buying any anytime soon after all this uncertainty passes. So in terms of deposits/withdrawals for Lykke we are a little cornered right now. I don't mind using ETH or XRP for fast transactions and then convert to fiat or lkk inside the app but I just don't trust Bitcoin right now with all the delays and volatility, you can lose a lot of money just waiting for it to confirm.

It's incredible they've come to this situation, this should be a very humbling lesson for many.

When it's about Bitcoin-transaction-times it's important to have an eye on the mempool: https://blockchain.info/de/charts/mempool-count?timespan=60days. I believe that the situation will calm down a little bit and that the price will stabilize, but the risk that there will be a hard-fork and a split has increased for sure.

Alternatives will come (ETH and over time all significant Alt's), but I don't have any details about time-estimations yet.

texasvsjohnson

newbie

Activity: 27

Merit: 0

Quote from: mtnsaa on March 19, 2017, 05:03:34 PM

Again, I can really use ETH markets right now, I don't hold any BTC whatsoever at the moment and I won't be buying any anytime soon after all this uncertainty passes. So in terms of deposits/withdrawals for Lykke we are a little cornered right now. I don't mind using ETH or XRP for fast transactions and then convert to fiat or lkk inside the app but I just don't trust Bitcoin right now with all the delays and volatility, you can lose a lot of money just waiting for it to confirm.

It's incredible they've come to this situation, this should be a very humbling lesson for many.

I have done some transactions with Bitcoin. It was fast the few times I tried it. I am talking within 10 minutes. I know bitcoin block chain had some sort of attack I believe a week ago and it slowed down transactions for a day or 2. But I haven't had any problems with the Lykke exchange. It runs pretty smoothly. They will be implementing ethereum btw.

mtnsaa

legendary

Activity: 1568

Merit: 1000

Again, I can really use ETH markets right now, I don't hold any BTC whatsoever at the moment and I won't be buying any anytime soon after all this uncertainty passes. So in terms of deposits/withdrawals for Lykke we are a little cornered right now. I don't mind using ETH or XRP for fast transactions and then convert to fiat or lkk inside the app but I just don't trust Bitcoin right now with all the delays and volatility, you can lose a lot of money just waiting for it to confirm.

It's incredible they've come to this situation, this should be a very humbling lesson for many.

Topic: [ANN] Lykke - Trade Bitcoin, Ethereum, FX and Digital Assets - page 64. (Read 144672 times)