Hi,
Hopefully you all start using the right exchange ...1EX.TRADE
and get the hang of it.
For once is sure it is one of the quickest out there and it will get only better.
Coinigy is finishing of their work this week then trades can be done directly also from their apps to 1ex.trade and with SSO coming it means users which have an account on coinigy can directly login in to 1ex.trade and vice versa by login in only once.
Other things Transfer (TX) developer is fully verified and listed on 1ex.trade.
We are getting lots of requests in but in the saem time we turn down a lot too. We are behind on verification and catching up now as we completed all work on this release for the exchange.
WBB Halving is around the corner and it is not long anymore till block reward is reduced to 2.5
Also recommended is to move and trade wbb on 1ex ...
The first ads will go out this week to about 380000 users ...
Regards
WBB & 1EX Dev
I would wait until you have full automated fill out in the order book at least, before starting the PR cmpaign..otherwise you are risking people to be turned off when they try to first trade on the exchange. there are many exchanges now one can choose if you give a first bad impression than it will be harder to get them back.
Also you need some strong coins and unique features that differentiate you from others exchange that justify the fact that traders cannot place orders below 35% market price.
Think wisely on this please if you start the PR campaign in the wrong moment than you risk the failure of the exchange I believe.
Hi,
The 35% on any coin is quiet a lot lets take BTC at 400 base that mean up to 520 in one hit, most of you would not have the funds to do so.
On the other hand it would mean you can go from 10k to 13.5k up on bid.
On the ask you can set what you like
As a test I will open it for 1 week so you can bid fully and fill the order book and buy in to the market. Lets see
On the order book you mean the wish of max fill button? The rest is filled already automatically when u click on bid or ask.
What is not yet to sum up e.g. buy all from 10k to 12k as an example. But this is coming .
Thanks
WBB & 1EX Dev
Thank you for your reply Peter,
I mean that if you click on your tradable balance, fiat or crypto, the field should auto-fill, if you want to trade all your balance, as for right now you need to put it manually or copy paste it.
Now if you consider allowing orders below 35% or above that is a different story that might justify a market block on 35% rise of the price. People in crypto might still see that as too much interference but if you want to move towards wall street type of traders with big pockets I guess they will not take it badly, as I believe stock or forex markets close also if there is too much rise/fall in 24 Hrs.
the fact is that in crypto 50% and 100% retracements are common atm and traders that bring volumes to exchanges speculate on this.. as well many free market purists will want a free market environment in crypto.. so you might shut off those people.. all is good if then Crypto gets regulated and the big boys come in but as for now traders enjoy this free market with big up and downs and is for the major part why volume exist in the first place in Crypto.
I Have already moved all my Wbbs in the exchange and I would be more than happy to trade there but there is no volume and for the rest I trade only ETH at the moment as it is the coin where I can do margin and has more volatility and volume to it.
One way to bring us at least into the exchange would be for me to make wbb exclusively tradable on 1ex.trade this will bring dump pools over there and us also. At the moment if I would want to buy WBB I would put my orders on bittrex not on 1ex.trade as the dump pull is there and I have more chances to get my orders filled there.
I believe 1ex.trade has big potential but I would focus it more just to coins that are big and have big potential would not list any coin just with a verified dev for example. the two biggest exchanges in china and in the world have just BTC and LTC then Margin 10x. that's what traders want. I understand that the plan for the exchange will not include margin off course because of license isvery expensive but you need big coins with big volume plus a seamless experience for traders.
I believe 1ex.trade as this experience atm with the speed of the site that is a really strong point to sell to bring people in and the fact that 99% of founds are cold storaged. The rest is still very in its infancy and for me needs a lot of good planning still before advertising.
Just my thoughts.