Hi,
Just out of curiosity, one of the features you list is "Global & Anonymous. Trading's open to people of all countries. No ID checks." How do you plan to introduce FIAT currency which is in your roadmap then with KYC a requirement?
Thanks.
Topic: [ANN] xxxxx - page 127. (Read 175982 times)
3. The taker will pay a small fee (e.g. -0.15%) and the maker will get paid, not charged, a fee (e.g. +0.05%). Currently Poloniex nets around 0.4% and Bittrex around 0.5% of every transaction, which are respectively 400% and 500% higher than what WCX intends to charge.
All trades have a 0.25% commission on Bittrex btw.
They take 0.25% from each side of the trade last I checked, so 0.5% total.
Also, thank you WCX I've received the rewards. Very excited for this project.
In my opinion most exchanges and especially poloniex definitely take way too much...
lower fees are a very good idea to attract many traders so this is a good starting point
How the payout will work?
very good question!! will we add our ETH wallet address on your site later?
How the payout will work?
3. The taker will pay a small fee (e.g. -0.15%) and the maker will get paid, not charged, a fee (e.g. +0.05%). Currently Poloniex nets around 0.4% and Bittrex around 0.5% of every transaction, which are respectively 400% and 500% higher than what WCX intends to charge.
All trades have a 0.25% commission on Bittrex btw.
They take 0.25% from each side of the trade last I checked, so 0.5% total.
Also, thank you WCX I've received the rewards. Very excited for this project.
hello i'm joining in 
are there more campaigns for us so we can promote the project
and do you have a Slack or other group coordination platform?
do you have a Reddit?
thx 4 info!
Finally out of the entire page here of responses a genuine post about the topic at hand. are there more campaigns for us so we can promote the projectand do you have a Slack or other group coordination platform?
do you have a Reddit?
thx 4 info!
I would say not to pay out the one who is spamming this thread just for the reason of getting paid per the posts they are making right now.
That would be just a ridiculous thing to do.
And only pay for the content related to the token WCX itself and the exchange.
Not for the banter about a newbie and arguing about it.
Okay?
3. The taker will pay a small fee (e.g. -0.15%) and the maker will get paid, not charged, a fee (e.g. +0.05%). Currently Poloniex nets around 0.4% and Bittrex around 0.5% of every transaction, which are respectively 400% and 500% higher than what WCX intends to charge.
All trades have a 0.25% commission on Bittrex btw.
We need Telegram group, Reddit, Slack..
A web with a better interface, and more comunication with the rest of the world, i think is a very nice project!
A web with a better interface, and more comunication with the rest of the world, i think is a very nice project!
I think it's good when at the beginning trading only with a few cyrto Currency. But i hope more and more will coming.
Nice idea this exchange.
I post referrer link on twitter and give it to all my friends.
I post referrer link on twitter and give it to all my friends.
Do you plan to implement some type of chat feature?
With Polo removing the trollbox it seems to have left a bit of a void as far as quick communication goes on the many major exchanges.
With Polo removing the trollbox it seems to have left a bit of a void as far as quick communication goes on the many major exchanges.
Great question! i've always found the polo trollbox extremely annoying. if you implement a chatbox please consider a model that features one chatbox for each trading pair, like channels. To avoid it being a stressbox
Do you plan to implement some type of chat feature?
With Polo removing the trollbox it seems to have left a bit of a void as far as quick communication goes on the many major exchanges.
With Polo removing the trollbox it seems to have left a bit of a void as far as quick communication goes on the many major exchanges.
i have question sir.
1. Can you explain in detail intent Up to 10 times cheaper than what's already out there? If your fee is cheap, where do you benefit?
2. What coins will you release in the market later?
3. How much will you charge to trader maker and taker? What's under poloniex or bittrex?
please answer thank you
1. Can you explain in detail intent Up to 10 times cheaper than what's already out there? If your fee is cheap, where do you benefit?
2. What coins will you release in the market later?
3. How much will you charge to trader maker and taker? What's under poloniex or bittrex?
please answer thank you
1. WCX will aim to have the lowest costs and fees of any exchange in the world. This is our driving force. We believe the very low fees as well as our laser focus on customer satisfaction, will drive a large amount of volume and liquidity which will benefit the business. Current cryptocurrency exchanges are tremendously overcharging while also mismanaging their business or running it inefficiently.
2. Base markets to start with are BTC, ETH, and USDT. You can vote for which coins and market pairs you want to see included here: https://docs.google.com/forms/d/e/1FAIpQLSdkFM1HKmTfhDeJ5Acn5hstJFi_Mcj8KIgMk7fpvOxJ2Ua5aA/viewform - you can also let us know if there are particular coins you'd like to trade by replying in this thread.
3. The taker will pay a small fee (e.g. -0.15%) and the maker will get paid, not charged, a fee (e.g. +0.05%). Currently Poloniex nets around 0.4% and Bittrex around 0.5% of every transaction, which are respectively 400% and 500% higher than what WCX intends to charge.
I'm excited for the base markets you are proposing, and the coin voting seems to be picking from the top ~10 cryptocurrency's right now, except for Litecoin. I can understand the omission of less popular altcoins like Steam or ZCash (both which would also be cool to have), but Litecoin seems like a real altcoin contender (also ranked 4th on coincap) using atomic swap with Bitcoin and segwit. Any reasoning for it not to be included in the coin voting?
PLEASE dont neglect Litecoin. LTC is going to have a major run up together with BTC and it's one of the coins I would trade the most on wcx... There are so many good coins to add, u must add some sort of voting portal.
Can users also use WCX to vote in the future?
I really think we could use another exchange that can handle a massive amount of transactions. Token holder fee sharing is just icing on the cake.
i have question sir.
1. Can you explain in detail intent Up to 10 times cheaper than what's already out there? If your fee is cheap, where do you benefit?
2. What coins will you release in the market later?
3. How much will you charge to trader maker and taker? What's under poloniex or bittrex?
please answer thank you
1. Can you explain in detail intent Up to 10 times cheaper than what's already out there? If your fee is cheap, where do you benefit?
2. What coins will you release in the market later?
3. How much will you charge to trader maker and taker? What's under poloniex or bittrex?
please answer thank you
1. WCX will aim to have the lowest costs and fees of any exchange in the world. This is our driving force. We believe the very low fees as well as our laser focus on customer satisfaction, will drive a large amount of volume and liquidity which will benefit the business. Current cryptocurrency exchanges are tremendously overcharging while also mismanaging their business or running it inefficiently.
2. Base markets to start with are BTC, ETH, and USDT. You can vote for which coins and market pairs you want to see included here: https://docs.google.com/forms/d/e/1FAIpQLSdkFM1HKmTfhDeJ5Acn5hstJFi_Mcj8KIgMk7fpvOxJ2Ua5aA/viewform - you can also let us know if there are particular coins you'd like to trade by replying in this thread.
3. The taker will pay a small fee (e.g. -0.15%) and the maker will get paid, not charged, a fee (e.g. +0.05%). Currently Poloniex nets around 0.4% and Bittrex around 0.5% of every transaction, which are respectively 400% and 500% higher than what WCX intends to charge.
I'm excited for the base markets you are proposing, and the coin voting seems to be picking from the top ~10 cryptocurrency's right now, except for Litecoin. I can understand the omission of less popular altcoins like Steam or ZCash (both which would also be cool to have), but Litecoin seems like a real altcoin contender (also ranked 4th on coincap) using atomic swap with Bitcoin and segwit. Any reasoning for it not to be included in the coin voting?
You say that people in the team come from "Apple, IBM, Deutsche Bank". Could you share any names?
Sounds great, eh? Am excited too
this was asked several times and this is what they said so far:
this sounds promising. i believe a lot in decentralized exchanges but I will also support the good centralized exchanges. i would like to ask more about your team - on the website you state 'Our team comes from Apple, Deutsche Bank, and IBM, and has decades of experience in building secure, distributed, and massive-volume systems.'. Will you publish more information about your team on the site soon? thanks
Thanks. We'll have more information about the team, ICO, and product in the days and weeks to come leading up to 9.9.17, the ICO's start date.
Indeed decentralization is our goal as well, but we don't believe blockchain technology is ready right now to accommodate a truly decentralized, scalable, fast, and secure order book trading platform. We're all for decentralization and will be the first to hop on board when a mass consumer-ready solution exists. Decentralizing WCX customer wallets is on our roadmap.
I am most interested in the trading engine. You say it has been field tested for years, may I ask where has it been deployed? I would really like to test it! If you are looking for beta testers in the future (can we earn rewards?), please get in touch. I will be available.
waiting for launch & asking if a bounty for early testers for the platform will be launched
all the best WCX team
all the best WCX team
Thanks. We'll be looking for beta testers for our beta launch on 9.1.17 and will keep you posted. Bounties / rewards will be available.
so I guess we'll know more in a few days.
it's the pre alpha time apparently! thanks flying out to @wcxofficial, I received the reward.
You say that people in the team come from "Apple, IBM, Deutsche Bank". Could you share any names?
how much money is needed to establish all of the plans you made?
have you calculated a cap that is appropriate?
why do I have the feeling that this is going to the moon?
have you calculated a cap that is appropriate?
why do I have the feeling that this is going to the moon?
Suggestion: add some restrictions to your campaign. Only allow Sr members+ or Full Members+ to participate in the Bitcointalk promo and allow only 2 posts per person maximum or something per round. So that the reward is spread out nicely What do you think my fellow participants? Got to cut spam and foster valuable discussions. You should also manually select posts and decide if they should receive the pay out or not
What do you think my fellow participants? Got to cut spam and foster valuable discussions. You should also manually select posts and decide if they should receive the pay out or notI personally don't mind,just if you think that intelligent things can be said only by those people who have higher RANK on the forum
Ohh I'm sorry if it seemed that way, I wasn't trying to say that. I was trying to say that Newbie accounts, for example, may be created just to post something here, rather than real accounts actually discussing and caring about WCX. Those are the ones that should be rewarded in my opinion
So I didn't primarily talk about the rank. Do you know what I mean?Yes, I completely understood you now, I think such accounts can be quickly noticed
The promotion statement is quite clear to me.
Is the 40 comment limit per user or per the entire board. Thanks
You mean it "isn't" to clear to you. Is the 40 comment limit per user or per the entire board. Thanks
It means 40 comments in total for this new round and not person.
That would be insane to give $88 worth of bitcoin per person for posting 40 comments on here.
Come on now.
Think about it!
HAHA. Thanks for the clarification
I think participants in this thread must discuss the WCX project and not the payments in first place
you can open another topic for that like a wcx reputation topic.
The promotion statement is quite clear to me.
Is the 40 comment limit per user or per the entire board. Thanks
You mean it "isn't" to clear to you. Is the 40 comment limit per user or per the entire board. Thanks
It means 40 comments in total for this new round and not person.
That would be insane to give $88 worth of bitcoin per person for posting 40 comments on here.
Come on now.
Think about it!
HAHA. Thanks for the clarification
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