[ANN] [ROUND A of Sale] Ternion - hybrid crypto exchange with a fiat gateway - page 6.

king_of_alts

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Quote from: Jay2408 on November 01, 2018, 12:06:51 PM

Quote from: magisterr on November 01, 2018, 11:30:42 AM

Quote from: jonnytracker on November 01, 2018, 10:40:42 AM

So even without funding they will continue the project ? Or only cancel the sales ?

They will countinue in any way, as they got exchange license and have an MVP already. But Im not sure about tokens.. they will have them or no?

When they continue with the project no matter if softcap reached or not, I don't understand why they want to refund investors instead of using whatever money they get. Sounds not logical.

Maybe they don't want to dissapoint these investors. If you don't reach the soft cap it is not a good sign imo.

Jay2408

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Quote from: magisterr on November 01, 2018, 11:30:42 AM

Quote from: jonnytracker on November 01, 2018, 10:40:42 AM

So even without funding they will continue the project ? Or only cancel the sales ?

They will countinue in any way, as they got exchange license and have an MVP already. But Im not sure about tokens.. they will have them or no?

When they continue with the project no matter if softcap reached or not, I don't understand why they want to refund investors instead of using whatever money they get. Sounds not logical.

magisterr

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Activity: 1372

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Quote from: jonnytracker on November 01, 2018, 10:40:42 AM

So even without funding they will continue the project ? Or only cancel the sales ?

They will countinue in any way, as they got exchange license and have an MVP already. But Im not sure about tokens.. they will have them or no?

jonnytracker

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Activity: 672

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So even without funding they will continue the project ? Or only cancel the sales ?

levyashin

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Quote from: Rigorous on November 01, 2018, 07:30:24 AM

The soft cap has unfortunately not been reached. What does that mean for the project, is it still going on? How was that $5 million soft cap determined and if this project can go on with less, why was the soft cap not lower?

They said if they not reach soft cap they will cancel the sale but continue the project anyways but i think they will just lower the soft cap. It is not logical not accepting more than a million dollar. Still, we will see about it.

loup

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Activity: 462

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Quote from: hicaribou on November 01, 2018, 07:30:00 AM

Quote from: cevap on November 01, 2018, 06:17:58 AM

Quote from: o48o on November 01, 2018, 05:55:37 AM

Will you arrange trading competitions, like Binance and Kucoin? They would surely rise the price of the TRN token. Not sure if that's ethical or even legal to manipulate trading volume, but since everybody is doing it... (well bittrex is not)

Seems like this is the way to increase exchange popularity nowadays but you need to have a huge budget to start this campaigns so early like those two exchanges did. They will certainly need to do something about involvement of their customers in their exchange.

I think the reward can be the project's coin , and you can use some of the listing fees for that events. I think there is no risk to do that.

It sounds like a good option to me, this kind of events would help exchange to increase its popularity.

Rigorous

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The soft cap has unfortunately not been reached. What does that mean for the project, is it still going on? How was that $5 million soft cap determined and if this project can go on with less, why was the soft cap not lower?

hicaribou

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Activity: 815

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Quote from: cevap on November 01, 2018, 06:17:58 AM

Quote from: o48o on November 01, 2018, 05:55:37 AM

Will you arrange trading competitions, like Binance and Kucoin? They would surely rise the price of the TRN token. Not sure if that's ethical or even legal to manipulate trading volume, but since everybody is doing it... (well bittrex is not)

Seems like this is the way to increase exchange popularity nowadays but you need to have a huge budget to start this campaigns so early like those two exchanges did. They will certainly need to do something about involvement of their customers in their exchange.

I think the reward can be the project's coin , and you can use some of the listing fees for that events. I think there is no risk to do that.

cevap

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Activity: 490

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Quote from: o48o on November 01, 2018, 05:55:37 AM

Will you arrange trading competitions, like Binance and Kucoin? They would surely rise the price of the TRN token. Not sure if that's ethical or even legal to manipulate trading volume, but since everybody is doing it... (well bittrex is not)

Seems like this is the way to increase exchange popularity nowadays but you need to have a huge budget to start this campaigns so early like those two exchanges did. They will certainly need to do something about involvement of their customers in their exchange.

magisterr

sr. member

Activity: 1372

Merit: 259

Quote from: levyashin on November 01, 2018, 02:20:16 AM

Quote from: zxl912157 on October 31, 2018, 11:32:33 PM

I think Ternion is very good for the future because of its cheap fees for listing new coins on the Bursa Ternion.
Then the Ternion can also be made a DEMO for trading as an exercise.

Cheap listing? Did you mean 35k $ they are asking for or something else i am not aware of.

If you are talking about 35k $, it is not cheap at all.

They going take fees in 35k usd? Where did you get this info as their exchanges not launched? They will take fees in Ternion tokens I hope?

o48o

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Will you arrange trading competitions, like Binance and Kucoin? They would surely rise the price of the TRN token. Not sure if that's ethical or even legal to manipulate trading volume, but since everybody is doing it... (well bittrex is not)

the_donald

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Activity: 588

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every exchange has to have some competitive advantage to survive. otherwise they will be shut down right quick. some go for low fees, others for ease of use, other for decentralization.

jonnytracker

sr. member

Activity: 672

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Name some exchange with low fees that go broke

king_of_alts

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Activity: 476

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Quote from: pynetx on November 01, 2018, 03:19:35 AM

Quote from: jonnytracker on November 01, 2018, 01:12:50 AM

I hope this gateway turns into a low fee exchange and. And beat all other competition.

It has to be in order to establish itself in the competitive market full of different exchanges.

All the low fee exchanges go broke after a few months. Maybe in the beginning lower the fees but at some point you need to earn money.

pynetx

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Activity: 798

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Quote from: jonnytracker on November 01, 2018, 01:12:50 AM

I hope this gateway turns into a low fee exchange and. And beat all other competition.

It has to be in order to establish itself in the competitive market full of different exchanges.

levyashin

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Activity: 980

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Quote from: zxl912157 on October 31, 2018, 11:32:33 PM

I think Ternion is very good for the future because of its cheap fees for listing new coins on the Bursa Ternion.
Then the Ternion can also be made a DEMO for trading as an exercise.

Cheap listing? Did you mean 35k $ they are asking for or something else i am not aware of.

If you are talking about 35k $, it is not cheap at all.

jonnytracker

sr. member

Activity: 672

Merit: 261

I hope this gateway turns into a low fee exchange and. And beat all other competition.

zxl912157

sr. member

Activity: 588

Merit: 250

I think Ternion is very good for the future because of its cheap fees for listing new coins on the Bursa Ternion.
Then the Ternion can also be made a DEMO for trading as an exercise.

moginsa

newbie

Activity: 56

Merit: 0

As more and more people come into the crypto space, then there is a need also for more and more exchanges. I like the name of the exchange and having the FIAT gateways will enable ease of access for many traders and we need this more than ever nowadays to make trading easier for newcomers as well. I will be very interested to watch the progress of this exchange how it all unfolds in the near future as I like to follow new exchanges and mark their progress.

hicaribou

hero member

Activity: 815

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Quote from: aveon on October 31, 2018, 06:15:43 PM

Quote from: king_of_alts on October 31, 2018, 05:41:51 PM

sure, a public beta test has lots of advantages. You'll get many participants and in turn lots feedback to work with.

The only important thing here is glitches and critical vulnerabilities - maybe some tester will decide to take a full advantage of it.

Well, there should be no something like that in beta test, that is why alpha tests must be carried out first to ensure safe use by public users.

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