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Topic: [ANN]ChainTrade - First Blockchain-based platform to trade Food, Metals & Energy - page 7. (Read 6730 times)

member
Activity: 92
Merit: 10
I read in white paper that the working prototype is ready. Where can I test it?

Hi, you can see some screenshots (on our website) but it is not publicly accessible yet because the process of the development is still underway and we don’t want to offer our users a half-done product. Selected people already have access to beta test the product and we will open it up more and more in the upcoming months until the final release in March.
member
Activity: 112
Merit: 10
I read in white paper that the working prototype is ready. Where can I test it?
full member
Activity: 350
Merit: 100
All transactions on ChainTrade must be done with CTC ?

The fees to the platform have to be paid in CTC, but the delivery of goods can actually be paid in any currency, including fiat currencies.
Thanks for answer. What about the buyer, he must buy tokens to pay for goods, not for using of the platform?
I think it's only between buyer and seller.


Let us clarify this point:
  • CTC tokens have to be used to buy and sell the futures on the ChainTrade platform (e.g. a future for the delivery of corn in 3 months)
  • However when the transaction occurs, the buyer doesn't have to pay the full amount of the contract: only the transaction fees, and a guarantee of 2% of the amount of the contract -> those have to be paid in CTC
  • In 3 months, when the futures contract expires and the delivery of corn occurs, then the full amount of the contract has to be paid -> this time the full payment can be in any currency defined in the smart contract (can be CTC, Bitcoin, Ether, USD, EUR,...)

I hope that's clearer?
Yes, thanks a lot that made it clear to me. Now I understand
member
Activity: 92
Merit: 10
newbie
Activity: 28
Merit: 0
Is there minimum investment in the ICO?
member
Activity: 92
Merit: 10
All transactions on ChainTrade must be done with CTC ?

The fees to the platform have to be paid in CTC, but the delivery of goods can actually be paid in any currency, including fiat currencies.
Thanks for answer. What about the buyer, he must buy tokens to pay for goods, not for using of the platform?
I think it's only between buyer and seller.


Let us clarify this point:
  • CTC tokens have to be used to buy and sell the futures on the ChainTrade platform (e.g. a future for the delivery of corn in 3 months)
  • However when the transaction occurs, the buyer doesn't have to pay the full amount of the contract: only the transaction fees, and a guarantee of 2% of the amount of the contract -> those have to be paid in CTC
  • In 3 months, when the futures contract expires and the delivery of corn occurs, then the full amount of the contract has to be paid -> this time the full payment can be in any currency defined in the smart contract (can be CTC, Bitcoin, Ether, USD, EUR,...)

I hope that's clearer?
member
Activity: 476
Merit: 10
So if you would buy some tokens right now, do they stay on that website or can we download a wallet somewhere and send it there immediately?
yes it would be nice to send them to my ether wallet

The tokens are sent to your own wallet - for example MyEtherWallet
It is perfectly. As I consider this to be the safest option.
member
Activity: 434
Merit: 10
All transactions on ChainTrade must be done with CTC ?

The fees to the platform have to be paid in CTC, but the delivery of goods can actually be paid in any currency, including fiat currencies.
Thanks for answer. What about the buyer, he must buy tokens to pay for goods, not for using of the platform?
I think it's only between buyer and seller.

it's good, because using of tokens convenient not for all.
member
Activity: 420
Merit: 10
The commodities market is wildly complex to enter and is designed to keep out the small-time investor... based on this what major market players in this segment can you attract or have already attracted? because they are usually quite conservative

We are starting with the Oil market, and we already have a few players that showed interested in selling oil on such an alternative platform instead of the established exchanges
It's very pleasant to hear that you are already establishing cooperation with traders.
member
Activity: 434
Merit: 10
All transactions on ChainTrade must be done with CTC ?

The fees to the platform have to be paid in CTC, but the delivery of goods can actually be paid in any currency, including fiat currencies.
Thanks for answer. What about the buyer, he must buy tokens to pay for goods, not for using of the platform?
I think it's only between buyer and seller.
member
Activity: 92
Merit: 10
The commodities market is wildly complex to enter and is designed to keep out the small-time investor... based on this what major market players in this segment can you attract or have already attracted? because they are usually quite conservative

We are starting with the Oil market, and we already have a few players that showed interested in selling oil on such an alternative platform instead of the established exchanges
member
Activity: 92
Merit: 10
So if you would buy some tokens right now, do they stay on that website or can we download a wallet somewhere and send it there immediately?
yes it would be nice to send them to my ether wallet

The tokens are sent to your own wallet - for example MyEtherWallet
member
Activity: 92
Merit: 10
Are you already developing your Android and IOS platform?
I understand you mean the application for mobile devices?

Yes, we are already developing our Android and IOS apps
member
Activity: 256
Merit: 10
Which crypto exchanges do you plan to add a token?
member
Activity: 92
Merit: 10
Can we pay  tokens by transfer from the rialto?

I also would like to know the answer to this question. It's very important

No, you should transfer ETH from a regular wallet, such as MyEtherWallet. You can also pay in Bitcoin, bank transfer and credit card
member
Activity: 263
Merit: 10
Can we pay  tokens by transfer from the rialto?

I also would like to know the answer to this question. It's very important
member
Activity: 125
Merit: 10
Can we pay  tokens by transfer from the rialto?
member
Activity: 308
Merit: 10
Are you already developing your Android and IOS platform?
I understand you mean the application for mobile devices?
member
Activity: 207
Merit: 10
Tell us what equipment do we  need to catch your currency
member
Activity: 118
Merit: 10
So if you would buy some tokens right now, do they stay on that website or can we download a wallet somewhere and send it there immediately?
yes it would be nice to send them to my ether wallet
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