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Topic: [ANN] xxxxx - page 4. (Read 175980 times)

sr. member
Activity: 518
Merit: 261
May 27, 2018, 06:20:33 AM
This thread is a hit job on WCX. Haters was calling it scam and WCX prove them wrong every time. Haters keep hating.

The summary:
- team: excellent (former Apple engineers)
- product: delivered working exchange
- roadmap: more tokens, futures exchange, decentralized exchange
- demand: 16 million $ sold in the presale, and public sell selling rate of 10 million tokens per day
- sale structure: fixed cap

This is one of those projects where the team dont do much crazy marketing and at one point everyone is gonna discover it and its gonna explode. I have more than my fair share of money invested.

you know what you are ? Either a dumb idiot, or one of the dev team. If you are dumb, feel free to buy all this red flag project sh***tcoin.
former apple engineers lol , you know what, im a former NASA engineers, send me your money i will offer you a brain.
newbie
Activity: 100
Merit: 0
May 27, 2018, 05:03:10 AM
shaw1:

Thanks for your post.

1) KYC is a regulatory requirement. And the regulatory landscape in crypto evolves - a lot. Some of the things that were not required just a few months ago are required today.


Sorry, but this is bull$hit. You know, what on many exchanges (like Binance and etc.) you can trade without any KYC. And you wrote before (on page 133 https://bitcointalksearch.org/topic/m.38323152) what "KYC is not a requirement to use the exchange at this time."

That means you want KYC only for referral program. You know what cryptocurrency = privacy, and not so many people wants to send their ID and home addresses just for couple of dollars. And you understand that you can not to pay tokens to bounty participants and just deceive them.

Now I think it is really scam project, because you change the rules, constantly transfer deadlines and deceive the participants.

SCAM!
member
Activity: 98
Merit: 10
May 26, 2018, 11:38:23 PM
This thread is a hit job on WCX. Haters was calling it scam and WCX prove them wrong every time. Haters keep hating.

The summary:
- team: excellent (former Apple engineers)
- product: delivered working exchange
- roadmap: more tokens, futures exchange, decentralized exchange
- demand: 16 million $ sold in the presale, and public sell selling rate of 10 million tokens per day
- sale structure: fixed cap

This is one of those projects where the team dont do much crazy marketing and at one point everyone is gonna discover it and its gonna explode. I have more than my fair share of money invested.
full member
Activity: 207
Merit: 100
May 26, 2018, 11:22:29 PM
The USDC is a new concept in the crypto industry, but it's been around for decades in traditional finance. It is called currency pegging.

For those who are interested: https://en.wikipedia.org/wiki/Fixed_exchange-rate_system.
full member
Activity: 402
Merit: 100
May 26, 2018, 11:11:03 PM
Quick question. The cryptodollar (USDC) is a digital token issued by WCX that simulates the value of the US Dollar... Do you have any proof to back up your USDC token??.. which bank do you have the USD reserves to back up your claim?

Hi eance - the USDC is not backed by US dollars in a bank account. That is not how it works. It is backed by a peg on the BTC/USDC market. Similar to how countries peg the value of their currency to a global reserve currency, we peg the value of the USDC.

More information is available here: https://wcex.com/usdc.

FAKE INTERVIEW, FAKE OPERATIONS OF THE EXCHANGE, TOTALLY SCAM.

djcris3: If you care to elaborate, happy to hear your thoughts on why you think everything is fake.
Our token sale page is here: https://wcex.com/sale.
Our spot exchange is live and active here: https://wcex.com/exchange.

-Arno
Allow me to disagree, all USD backed tokens needs huge fiat reserve to mimic USD. Good luck, I won’t participate in WCX project, too many red flags.
newbie
Activity: 76
Merit: 0
May 26, 2018, 10:12:32 PM
This scammers 1000% fuck the brain  Grin Grin Grin  Undecided Undecided Undecided
sr. member
Activity: 518
Merit: 261
May 26, 2018, 04:51:14 PM
Quick question. The cryptodollar (USDC) is a digital token issued by WCX that simulates the value of the US Dollar... Do you have any proof to back up your USDC token??.. which bank do you have the USD reserves to back up your claim?

Hi eance - the USDC is not backed by US dollars in a bank account. That is not how it works. It is backed by a peg on the BTC/USDC market. Similar to how countries peg the value of their currency to a global reserve currency, we peg the value of the USDC.

More information is available here: https://wcex.com/usdc.

FAKE INTERVIEW, FAKE OPERATIONS OF THE EXCHANGE, TOTALLY SCAM.

djcris3: If you care to elaborate, happy to hear your thoughts on why you think everything is fake.
Our token sale page is here: https://wcex.com/sale.
Our spot exchange is live and active here: https://wcex.com/exchange.

-Arno
[/quote

you already know you are doing some shitcoin project , the way you are asking to verify referals with KYC is only scammers things, you dont want to pay referal , thats all. You can count on me to let everybody that wcx is just another scam project with scam devs. You pretend you folllow the law by asking the referals to KYC, you are just a liar, this is just an opportunity for you and for your team to avoid paying bounty.
newbie
Activity: 47
Merit: 0
May 26, 2018, 03:51:12 PM
FAKE INTERVIEW, FAKE OPERATIONS OF THE EXCHANGE, TOTALLY SCAM.
full member
Activity: 402
Merit: 100
May 26, 2018, 03:18:21 PM
Quick question. The cryptodollar (USDC) is a digital token issued by WCX that simulates the value of the US Dollar... Do you have any proof to back up your USDC token??.. which bank do you have the USD reserves to back up your claim?
sr. member
Activity: 602
Merit: 252
May 26, 2018, 01:47:00 PM
Again delusional ideas from the admins, why should I pass the KYC? I invited a few guys, but they did not buy anything from the project and they came for a reward and now they have to pass the KYC for $5. I also think that they will give you these unnecessary tokens! Continue in the same spirit!
full member
Activity: 207
Merit: 100
May 26, 2018, 11:48:09 AM
"Anonymous exchange"
@
KYC

First ICO for WCX
@
Second ICO for WCXT
@
... iCO for WCXTQWERTY
@
PROFIT!

Fail all possible terms.
@
They change their own rules

Nothing to do here.

We're not changing any terms. We're complying with regulatory requirements. Happy to hear you out if you'd like to elaborate.

You can check our progress here: https://wcex.com.
Our spot exchange has launched here: https://wcex.com/exchange (~ $100M daily volume).
newbie
Activity: 92
Merit: 0
May 26, 2018, 11:29:55 AM
"Anonymous exchange"
@
KYC

First ICO for WCX
@
Second ICO for WCXT
@
... iCO for WCXTQWERTY
@
PROFIT!

Fail all possible terms.
@
They change their own rules

Nothing to do here.
BIG RED FLAG
newbie
Activity: 88
Merit: 0
May 26, 2018, 02:22:11 AM
The first project I participated in was almost a year ago. This is still a good project
full member
Activity: 402
Merit: 100
May 26, 2018, 01:58:39 AM
I remember I followed their rules and never got my WCX tokens..guess this is another waste of time..or worst..ready to move in to more serious ICO's projects.
sr. member
Activity: 980
Merit: 276
$CYBERCASH METAVERSE
May 26, 2018, 01:05:12 AM
shaw1:

Thanks for your post.

1) KYC is a regulatory requirement. And the regulatory landscape in crypto evolves - a lot. Some of the things that were not required just a few months ago are required today. We cannot put the platform at risk of non-compliance or put our users at risk by not requiring KYC.

2) If the people you referred are real and active (actually useful for the project and not spam or disinterested), then they should have no trouble completing KYC. It's a very straightforward process. Tens of thousands of users already have. Email verification is unfortunately not enough.

There are actually three types of referrals we've seen:
- spam: fake emails, self referrals, fraud - these cannot verify their ID and hence do not count
- not interested: referrals that picked up the free tokens and do not contribute in any other way to the project, do not promote it, have forgotten about it or do not read our emails. These also do not complete KYC and do not count as meaningful referrals anyway.
- interested: have purchased WCXT or XT, return to the site, follow us frequently, read our emails: these are high value referrals, and mostly all of them complete KYC.

Please keep in mind that all referrals are on our email list and remain so forever (unless they unsubscribe). So they receive frequent updates from us in any case.

Thanks for your feedback. -Arno

Oh, i wonder are you just an idiot or pretend to be one.

Yes, they are real but they won't do a kyc just for 5$. No one will verify their identity for 5$.

If you are not scam you can choose one of the following -- give 50$ at least for kyc -- or pay people full for their referrals. But i think this is a scam so won't expect to happen.


sr. member
Activity: 504
Merit: 297
CryptoTalk.Org - Get Paid for every Post!
May 25, 2018, 05:12:53 PM
WCX, I would like answers. Although you tout yourself as an open and honest platform, that is really not the vibe you are giving off.

Let's look at one of your early quotes:
Quote
Security and privacy are fundamental to the design of WCX. Our business model is very straightforward: A great trading experience at very low cost. We don't ask for ID and we don't store IP addresses except in malign cases (a user / users trying to DDOS the service). 98% of customer funds will be stored in cold storage.

Let's look at more. Your history is full of these:
Quote
There will be no limits on withdrawals or deposits. We won't be dealing with fiat or banks, just cryptocurrencies.

Quote
We will not require KYC for any cryptocurrency deposits or withdrawals. When we integrate fiat later in 2018, KYC will be required if you choose to deposit or withdraw fiat - this is required by the banks who hold the fiat, not us in particular.

What do you tell us about referrals?
Quote
Referrals are going through smoothly. Please make sure whoever you refer verifies their email for their referral to count. Also that they are:

- using a real email, and not using a disposable email service to register

- not double registering with the same IP

Quote
How does the referral system count referrals?

Referred users need to verify their email for them to count.

Quote
Referrals are counted to you after they verify their email.

Let's assume you are honest.

I would request that you follow through with your original commitments. Those were the rules that we all agreed to play by, when we helped bring users to your platform.

XT is a cryptocurrency token. As such, there should be no withdrawal limits, or KYC required. That is what you proposed, correct?
And your requirements for a referral to "count" was that the user verifies email. Did you lie to us, or will that be the case, going forward?

The way I see it, you either are committing fraud, by changing the agreement midway, or you are going to rescind the KYC requirement.

Can you explain to me why you changed your earlier statements, and changed to the current setup?
Can you show me where you said that referrals and referrers would both have to end up doing KYC?
Can you tell me why you think changing the terms of an agreement after the fact is fair?
Can you tell me why almost every other referral system in existence does not have this requirement?
Can you demonstrate to me why referrals need to do KYC to "filter spam" when you said earlier that users only need to verify their email?
Can you tell me why KYC is not required to buy and sell on your exchange, yet is in order to "claim" what they have already earned by your own rules?

I'm very unhappy with what I've seen here. I'm not a bot. Nor am I a troll.
I'm just an unfortunate schmuck who took your words at face value. Did you lie to my face?
sr. member
Activity: 980
Merit: 276
$CYBERCASH METAVERSE
May 25, 2018, 03:26:06 PM
They made a referral campaign and i referred people heavily.

Now months later they ask everyone to get kyc to get a referral. I can do kyc to get paid but also my refs should have done so i get pay.

They are changing the rules after the game is over like every scam doing. So keep your money in your pocket. Don't invest or don't do a kyc.

Thanks for your feedback. KYC is used to:

- comply with regulations
- check that the people you referred are actually real people, not spam

Our KYC procedure is quite straightforward. You can get verified here: https://wcex.com/verify.

You have already checked the referrals before the 2nd round of the ICO.
You even blocked people for spamming their referral links.
And now you said, that my referrals should complete the KYC so that I get my tokens?


Yes, they are exactly saying that.

And they will get 5$ worth of token if they don't have any referral. In return of kyc.

I think they are scammy as hell and also the sold amount is complete bullshit.
full member
Activity: 336
Merit: 102
May 25, 2018, 11:11:52 AM
They made a referral campaign and i referred people heavily.

Now months later they ask everyone to get kyc to get a referral. I can do kyc to get paid but also my refs should have done so i get pay.

They are changing the rules after the game is over like every scam doing. So keep your money in your pocket. Don't invest or don't do a kyc.

Thanks for your feedback. KYC is used to:

- comply with regulations
- check that the people you referred are actually real people, not spam

Our KYC procedure is quite straightforward. You can get verified here: https://wcex.com/verify.

You have already checked the referrals before the 2nd round of the ICO.
You even blocked people for spamming their referral links.
And now you said, that my referrals should complete the KYC so that I get my tokens?
full member
Activity: 207
Merit: 100
May 25, 2018, 11:04:27 AM
Again guys, this process is required for us to comply with regulation. I wish there was a way around this at this point - perhaps in the future!

I understand how you feel. We're seeing many people verifying their ID, however. All signups and referrals are on our email list and we engage with them regularly.

For example, if only 2 of my 10 referals make the KYC process, i will receive 20% TOKENS ?

Yes, any of your referrals that does KYC will result in tokens in your balance. You don't have to wait for everyone you referred to KYC.
sr. member
Activity: 518
Merit: 261
May 25, 2018, 10:04:34 AM
lol, if i understand well, i need to do the KYC process, and all referals i did , right ? For example, if only 2 of my 10 referals make the KYC process, i will receive 20% TOKENS ?
Are you kidding wcxofficial Huh Please tell me i am wrong ??
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