[ANN] [ROUND A of Sale] Ternion - hybrid crypto exchange with a fiat gateway - page 49.

king_of_alts

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Quote from: mandibleclaw on October 07, 2018, 07:38:08 AM

Quote from: magisterr on October 07, 2018, 07:02:55 AM

Quote from: the_donald on October 07, 2018, 06:59:51 AM

I hate the fact that we have KYC now, although I do understand if you can't use the exchange without it.

KYC for participiate in ICO or KYC for trading on their future exchange? KYC for token sale needed almost every project nowdays. But for trading is nt a good idea. For example COSS needed KYC and they are not a popular, as a lot of exchanges without KYC and people want not pass KYC.

Coss isn't popular for many reasons, one is the KYC thing you mentioned, another is that they launched it with a loads of bugs which has driven out people pretty fast

That's a good point. People these days are spoiled by Binance's user experience so a new exchange has to be convenient to use, have competitive fees and much more. It is no easy task to achieve.

mandibleclaw

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Quote from: magisterr on October 07, 2018, 07:02:55 AM

Quote from: the_donald on October 07, 2018, 06:59:51 AM

I hate the fact that we have KYC now, although I do understand if you can't use the exchange without it.

KYC for participiate in ICO or KYC for trading on their future exchange? KYC for token sale needed almost every project nowdays. But for trading is nt a good idea. For example COSS needed KYC and they are not a popular, as a lot of exchanges without KYC and people want not pass KYC.

Coss isn't popular for many reasons, one is the KYC thing you mentioned, another is that they launched it with a loads of bugs which has driven out people pretty fast

loup

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Quote from: matjas on October 07, 2018, 07:06:40 AM

Quote from: Makkara on October 07, 2018, 06:38:18 AM

The fact binance is here today and successful does not mean is going to be impossible for other to find their place. Plus binance has listing fee that are like an armed robbery.

And despite the high fee it's still one of the most popular exchanges now. All of the exchanges have different advantages and a fiat gateway is definitely needed.

That's why another exchanges have an opportunity to success. Binance is not perfect and in that weak points another exchanges can take advantages.

lobat999

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Quote from: magisterr on October 06, 2018, 02:37:44 AM

Quote from: pynetx on October 06, 2018, 01:54:32 AM

As in exchange platform what ternion have different or better than binance?

They have a comparison in twitter some time ago with Binance, Huobi, Okex and Kraken exchanges. You can look here:
https://twitter.com/ternionofficial/status/1041733660259627008

Wow! It seems Ternion fares better than notable exchanges such as Binance, etc. I am excited to see this project being realized very soon.

matjas

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Quote from: Makkara on October 07, 2018, 06:38:18 AM

The fact binance is here today and successful does not mean is going to be impossible for other to find their place. Plus binance has listing fee that are like an armed robbery.

And despite the high fee it's still one of the most popular exchanges now. All of the exchanges have different advantages and a fiat gateway is definitely needed.

king_of_alts

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Quote from: magisterr on October 07, 2018, 07:02:55 AM

Quote from: the_donald on October 07, 2018, 06:59:51 AM

I hate the fact that we have KYC now, although I do understand if you can't use the exchange without it.

KYC for participiate in ICO or KYC for trading on their future exchange? KYC for token sale needed almost every project nowdays. But for trading is nt a good idea. For example COSS needed KYC and they are not a popular, as a lot of exchanges without KYC and people want not pass KYC.

I think for trading as well because otherwise the authorities think the exchange wil be used for money laundering.

magisterr

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Quote from: the_donald on October 07, 2018, 06:59:51 AM

I hate the fact that we have KYC now, although I do understand if you can't use the exchange without it.

KYC for participiate in ICO or KYC for trading on their future exchange? KYC for token sale needed almost every project nowdays. But for trading is nt a good idea. For example COSS needed KYC and they are not a popular, as a lot of exchanges without KYC and people want not pass KYC.

the_donald

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Quote from: levyashin on October 07, 2018, 06:50:09 AM

Quote from: o48o on October 06, 2018, 04:48:45 PM

Quote from: luksbit on October 05, 2018, 08:44:54 PM

Is the exchange only available in Q3 of 2019? Before that date will any beta or test be available? Should all investors go through KYC?

I asked about the kyc for bounty, it's only needed if you want to sell your tokens there. So basically you'll have to do it eventually if you want to use the site to sell your tokens. You can withdraw them without kyc though...

It is interesting. So you can withdraw tokens without kyc but can't use the exchange.

It was mostly the opposite. Like you can use the exchange but never withdraw without a kyc. Maybe they are making an exception for bounty only.

I hate the fact that we have KYC now, although I do understand if you can't use the exchange without it.

levyashin

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Quote from: o48o on October 06, 2018, 04:48:45 PM

Quote from: luksbit on October 05, 2018, 08:44:54 PM

Is the exchange only available in Q3 of 2019? Before that date will any beta or test be available? Should all investors go through KYC?

I asked about the kyc for bounty, it's only needed if you want to sell your tokens there. So basically you'll have to do it eventually if you want to use the site to sell your tokens. You can withdraw them without kyc though...

It is interesting. So you can withdraw tokens without kyc but can't use the exchange.

It was mostly the opposite. Like you can use the exchange but never withdraw without a kyc. Maybe they are making an exception for bounty only.

Makkara

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The fact binance is here today and successful does not mean is going to be impossible for other to find their place. Plus binance has listing fee that are like an armed robbery.

omwibya

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Quote from: o48o on October 07, 2018, 04:49:12 AM

Quote from: Rigorous on October 06, 2018, 06:54:49 PM

Why have Ternion chosen to raise money this way? Binance are making millions of profit on listing fees and commissions, and now they are building a decentralized exchange too. Not that I do not wish them the best, but the Ternion team have no time to waste. Funding or not, they have to continue developing or be doomed.

You do realize that Binance was an ICO too? (least i think so... i need to fact check that)... We all have to start from somewhere.

I doesn't matter how they choose the raise the money as long as the work done is good.

zgrdyg

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Quote from: o48o on October 07, 2018, 04:49:12 AM

Quote from: Rigorous on October 06, 2018, 06:54:49 PM

Why have Ternion chosen to raise money this way? Binance are making millions of profit on listing fees and commissions, and now they are building a decentralized exchange too. Not that I do not wish them the best, but the Ternion team have no time to waste. Funding or not, they have to continue developing or be doomed.

You do realize that Binance was an ICO too? (least i think so... i need to fact check that)... We all have to start from somewhere.

yeah you are right binance was an ico too, kucoin etc. a lot of exchanges did an ico as far as i remember. they will build the infrastructure and do the marketing and earn tons of money from listing fees etc.

o48o

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Quote from: Rigorous on October 06, 2018, 06:54:49 PM

Why have Ternion chosen to raise money this way? Binance are making millions of profit on listing fees and commissions, and now they are building a decentralized exchange too. Not that I do not wish them the best, but the Ternion team have no time to waste. Funding or not, they have to continue developing or be doomed.

You do realize that Binance was an ICO too? (least i think so... i need to fact check that)... We all have to start from somewhere.

loup

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Quote from: levyashin on October 07, 2018, 03:58:13 AM

Quote from: Makkara on October 07, 2018, 03:19:21 AM

Quote from: Rigorous on October 06, 2018, 06:54:49 PM

Why have Ternion chosen to raise money this way? Binance are making millions of profit on listing fees and commissions, and now they are building a decentralized exchange too. Not that I do not wish them the best, but the Ternion team have no time to waste. Funding or not, they have to continue developing or be doomed.

You need to pay people work if you want to have something, binance owner had big investment in bitcoin so funding was not an issue.

Yes you need a startup money to make things go. Maybe they can start something with their own money but exchange market not likes when binance hit the market. It will take time to get some share in the market. And before this, they will only make some expenditure. They need some capital for this.

I get what you mean, competition is too hard in this market so they can't lose time to develop their platform otherwise competition will take advantage of it.

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levyashin

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Quote from: Makkara on October 07, 2018, 03:19:21 AM

Quote from: Rigorous on October 06, 2018, 06:54:49 PM

Why have Ternion chosen to raise money this way? Binance are making millions of profit on listing fees and commissions, and now they are building a decentralized exchange too. Not that I do not wish them the best, but the Ternion team have no time to waste. Funding or not, they have to continue developing or be doomed.

You need to pay people work if you want to have something, binance owner had big investment in bitcoin so funding was not an issue.

Yes you need a startup money to make things go. Maybe they can start something with their own money but exchange market not likes when binance hit the market. It will take time to get some share in the market. And before this, they will only make some expenditure. They need some capital for this.

Makkara

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Quote from: Rigorous on October 06, 2018, 06:54:49 PM

Why have Ternion chosen to raise money this way? Binance are making millions of profit on listing fees and commissions, and now they are building a decentralized exchange too. Not that I do not wish them the best, but the Ternion team have no time to waste. Funding or not, they have to continue developing or be doomed.

You need to pay people work if you want to have something, binance owner had big investment in bitcoin so funding was not an issue.

magisterr

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Quote from: o48o on October 06, 2018, 04:48:45 PM

Quote from: luksbit on October 05, 2018, 08:44:54 PM

Is the exchange only available in Q3 of 2019? Before that date will any beta or test be available? Should all investors go through KYC?

I asked about the kyc for bounty, it's only needed if you want to sell your tokens there. So basically you'll have to do it eventually if you want to use the site to sell your tokens. You can withdraw them without kyc though...

But tokens will be trading on some other exchanges or jus o their own exchange? They must list token to some top exchanges at first. And than when their exchange will be working to own.

MattLeBlanc

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Quote from: PS92 on October 06, 2018, 09:42:03 PM

Quote from: wattson on October 06, 2018, 02:37:29 AM

Do u guys have a plan in case u aren't able to reach the hard cap? Does reaching the hard cop matters to u at all? Thank u for ur time, I have some more questions, is this a good place to ask them?

You mean the softcap?

5 Million is their soft cap and they have raised "Token Sale Progress $ 1 711 173", They still have lots of time left in collecting the remaining funds and I genuinely feel that they will reach their softcap.

lvsca

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Quote from: Rigorous on October 06, 2018, 06:54:49 PM

Why have Ternion chosen to raise money this way? Binance are making millions of profit on listing fees and commissions, and now they are building a decentralized exchange too. Not that I do not wish them the best, but the Ternion team have no time to waste. Funding or not, they have to continue developing or be doomed.

another competition between exchange service. we need unique idea in new market.
and yes, i agree with you, how many they rised, they should continue their project

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