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Topic: [ANN] [ROUND A of Sale] Ternion - hybrid crypto exchange with a fiat gateway - page 43. (Read 57352 times)

sr. member
Activity: 770
Merit: 250
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USD 35k is not very cheap nor very high but, why would any project want to pay this sum of money for listing on an exchange which is just opening it's shutter for the first time.

Since every exchange earns money on every trade, a listing fee is an impudence, it should be free, that is my opinion. If the volume is to low they can delist it, its easy.
copper member
Activity: 308
Merit: 1
Will the KYC procedure be optional (case to case basis) or it is definitely required in order to use the exchange?

some exchanges require KYC for a certain limit but maybe if you will just withdraw or deposit in small amount, there's no need for KYC. but was looking for their exchange, not yet up? it says from the roadmap that by this time, they already launched the exchange???

Demo exchange is in their website, and the beta version will be coming soon, there is a limit for kyc in Ternion too, 1000 Euro or equivalent amount.

is that limit total or per transaction? that's an important distinction.

So if you want to transfer less than 1000 Euro you don't have to go through KYC?
That is correct, if you want to transfer or w/d under 1000 EUR, then you are not required to pass KYC.
copper member
Activity: 308
Merit: 1
I see that Round A got 35% discounts & round B is 30%. is there any lock out period for them to get tokens or release same time?

Hi, no, tokens purchased during crowd sale do not have a lock up period.
copper member
Activity: 308
Merit: 1
35k usd is not high as i thought, other big exchanges are collecting huge amounts of money to list some token/coins.

What about the trade volume requirement? Does Ternion require a certain trade volume from previous exchanges so that the coin / token will be considered for listing?
We will look at the coins on individual bases, looking both at the potential and the volume. We offer listing for ICO projects that are still ongoing or that have already concluded.
copper member
Activity: 308
Merit: 1
Are the listing fees going to be worth a lot or does that vary on the project that applies like the system in Binance?

This is a good question, for example Coss isn't attracting a lot of project also because their listing fees (afaik) are 200,000 COSS, which is a lot lol, especially when COSS was valued more then $1
This is a point that they should talk about to explain the details because is one of the features that can make the platform success.

They want to take fees for listing in their native tokens? This is good idea. But how about this tokens than? What will be with them? They will be burned or not?
We will burn the tokens that we receive as payments for internal services of the platform, including the listing.
copper member
Activity: 308
Merit: 1
I see that there is only an app version of your platform for now, so will you develop the web version later? or is it already available?
you can check out a desktop version of the exchange here: https://my.ternion.exchange. Register and verify your account through your email and enjoy!
member
Activity: 434
Merit: 10
USD 35k is not very cheap nor very high but, why would any project want to pay this sum of money for listing on an exchange which is just opening it's shutter for the first time.

that's a question for the team to answer. personally I don't think they should charge at first.
full member
Activity: 658
Merit: 102
I see that there is only an app version of your platform for now, so will you develop the web version later? or is it already available?

No, I don't think it's available yet, but I'm sure they are working on it. Would be good to see it sooner rather than later. But an app should give an idea what they're up to.
hero member
Activity: 815
Merit: 502
I see that there is only an app version of your platform for now, so will you develop the web version later? or is it already available?
hero member
Activity: 2156
Merit: 521
Are the listing fees going to be worth a lot or does that vary on the project that applies like the system in Binance?

I think they should have a low cost of entry at first and then increase costs as the exchange becomes more popular

They already set the amount and put their website information about it.

"Price for Listing: 35 000$"



Pretty cheap for exchanges like binance. If the team wants to get better results, $35,000 is not money that is difficult to redeem. Because there will be many benefits that come if you have entered the binance list.
sr. member
Activity: 448
Merit: 250
I see that Round A got 35% discounts & round B is 30%. is there any lock out period for them to get tokens or release same time?
full member
Activity: 462
Merit: 100
35k usd is not high as i thought, other big exchanges are collecting huge amounts of money to list some token/coins.

What about the trade volume requirement? Does Ternion require a certain trade volume from previous exchanges so that the coin / token will be considered for listing?

I don't have the information about that sorry, but considering binance or top ten exchanges, 35k is not high i think.
Yes, I checked it; and, surprisingly, 35K is not the highest amount paid for listing. Maybe the price depends on the project itself and its perspectives, possible success or failure, etc.
I think the price should depend on the project because bigger projects will trade bigger amounts.
sr. member
Activity: 1078
Merit: 310
hybrid crypto exchange with a fiat gateway ) sounds good but I think we need a low fee or almost free crypto exchange from fiat. Exchange are getting rich by heavy tax called fees

What mean hybrid exchange? They will have centralized and decentralized exchange in one? Or Hybrid exchange means trading crypto and fiat currencies?

From their website:

"The Ternion Exchange is a regulated, licensed and centralized entity which allows crypto to crypto, fiat to crypto and crypto to fiat trading.
In the post Token Sale stage the exchange will become hybrid. It will facilitate a decentralized exchange with a centralized one."

in short text;
you will trade like trading in DEX with FIAT pair. faster execution than DEX.

I understand that its like an all in one exchange, being able to process fiat- crypto trading and vice versa. But with regards to it becoming a hybrid, I cannot comprehend how they will implement it. Maybe the team could further explain about this.
member
Activity: 840
Merit: 10
ZooomEx- a new cryptocurrency exchange!
Are the listing fees going to be worth a lot or does that vary on the project that applies like the system in Binance?

This is a good question, for example Coss isn't attracting a lot of project also because their listing fees (afaik) are 200,000 COSS, which is a lot lol, especially when COSS was valued more then $1
This is a point that they should talk about to explain the details because is one of the features that can make the platform success.

They want to take fees for listing in their native tokens? This is good idea. But how about this tokens than? What will be with them? They will be burned or not?
sr. member
Activity: 798
Merit: 262
USD 35k is not very cheap nor very high but, why would any project want to pay this sum of money for listing on an exchange which is just opening it's shutter for the first time.
full member
Activity: 686
Merit: 100
Considering the volume potential and the level that we know that Ternion will reach the market, and still, will grow easily, 35K is considered to be really fair and friendly. Although I agree that new plans for listing will always be welcome, in the down market it is interesting to have alternative plans to be more inclusive
member
Activity: 434
Merit: 10
35k usd is not high as i thought, other big exchanges are collecting huge amounts of money to list some token/coins.

What about the trade volume requirement? Does Ternion require a certain trade volume from previous exchanges so that the coin / token will be considered for listing?

I don't have the information about that sorry, but considering binance or top ten exchanges, 35k is not high i think.
Yes, I checked it; and, surprisingly, 35K is not the highest amount paid for listing. Maybe the price depends on the project itself and its perspectives, possible success or failure, etc.
full member
Activity: 602
Merit: 105
35k usd is not high as i thought, other big exchanges are collecting huge amounts of money to list some token/coins.

What about the trade volume requirement? Does Ternion require a certain trade volume from previous exchanges so that the coin / token will be considered for listing?

I don't have the information about that sorry, but considering binance or top ten exchanges, 35k is not high i think.
sr. member
Activity: 1078
Merit: 310
35k usd is not high as i thought, other big exchanges are collecting huge amounts of money to list some token/coins.

What about the trade volume requirement? Does Ternion require a certain trade volume from previous exchanges so that the coin / token will be considered for listing?
full member
Activity: 658
Merit: 102
35k usd is not high as i thought, other big exchanges are collecting huge amounts of money to list some token/coins.

Actually, i am not sure about not high.

Yes for established exchanges with high volume, 35k USD is not high. But ternion is just opening its exchange so i am not sure any coin want to give 35k $ for a listing on a new exchange.

Do you guys maybe know listing fees of some other exchanges, for comparison? Because $35k looks pretty high to me...
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