Exchange with a simple interface and the poorest set of functions. The number of pairs with cryptocurrency is minimal - only 9. I would not even call this exchange "cryptocurrency". But the launch of this exchange is a positive sign for Belarus. I am sure that the state fully controls the movement of cash flows of this resource. When registering I had to go through KYC verification.
Topic: Belarus has launched a regulated bitcoin exchange (Read 660 times)
Until the end, it is not clear that the identification procedure is necessary on the exchange to withdraw funds or not. In any case, the residents of Belarus who have been identified are at great risk because the stock exchange will most certainly cooperate with state authorities.
I think all good and right exchanges now require a very clear identity to be able to make a withdrawal from the profits you get, usually it is called KYC and is usually done for all exchange platforms.
Until the end, it is not clear that the identification procedure is necessary on the exchange to withdraw funds or not. In any case, the residents of Belarus who have been identified are at great risk because the stock exchange will most certainly cooperate with state authorities.
I am sure the Economy of Belarus would be sky-reaching after they succeed with their exchange and make it more publicly. There are thousands of traders who are always in search of such exchanges.
If this project achieves its goals and fulfills its words, Belarus will surely have a very successful business in the financial market. We should consider this exchange, it could be exchange number 1 of the future.
Hhahahahaha, I can't stop laughing...
Guys, the exchange has managed to do a bit of under 1 million in trades in a day and is losing volume
Americans can't trade on it, it has a schedule, it doesn't run 24/7 , the economy of Belarus is at garbage level with a median wage of 350$.
If it were like that, an exchange influencing the economy of a country by now Bulgaria, Slovenia and Malta should have already reached galaxy superpower levels.
Stop daydreaming, it's painful to even read this nonsense.
money.com is definitely the most multimedia exchange I've ever seen. This is really a shopping mall between stocks, cryptocurrency, fiat money, ...
If this project achieves its goals and fulfills its words, Belarus will surely have a very successful business in the financial market. We should consider this exchange, it could be exchange number 1 of the future.
Actually as the peoples from belarus are supporting this exchange hence I think that they might surely succeed in their future and also there is vast scope in opening a stock exchange market which would run smoothly with the cryptocurrency supporting various tokens and coins. I was not that aware about exchanges who would offer even stock trading and arbitrage but it is really good to see something like this coming in the market from one of the most well-known state in europe. I am sure the Economy of Belarus would be sky-reaching after they succeed with their exchange and make it more publicly. There are thousands of traders who are always in search of such exchanges. If this project achieves its goals and fulfills its words, Belarus will surely have a very successful business in the financial market. We should consider this exchange, it could be exchange number 1 of the future.
What did i missed here ? I dont know what is belarus and my first impression is its some kind of a new company or something ? I dont also think that their exchange can compete with other big exchanges nowadays but why is everyone complementing it ?
Belarus is actually a country in Europe and I think peoples are much excited over here instead of a lot of other exchanges due to this exchange being centralized and also I think that there are a lot of benefits over there. I just checked their website and it seems catchy and attractive. I would like to go more deeply through their project and see if I can find any profits for me in there. Peoples needs to literate themselves regarding cryptos and also they need to get more knowledge about how to earn profits from them. I agree with you that there are a lot of big exchanges but if we deeply consider this exchange, we can see some potential in it.
We have couple of regulated bitcoin exchanges all over the world, some of them are so legit and so into government that they are literally hiring consultants from ex-government workers like literally senators and congressman and what not in order to be legit and never have headaches. That is the bad part about government, if you know a senator yourself than they will do whatever they can to protect you and unless something major comes out of it that would lose political parties votes than nobody really challenges you as long as you have the politician in your pocket.
We have an exchange like that which pays taxes, hires employees, have a big building and what not doing all amazing work just because they have an ex-politician partner and that is all its required to run a grey company in white zone.
We have an exchange like that which pays taxes, hires employees, have a big building and what not doing all amazing work just because they have an ex-politician partner and that is all its required to run a grey company in white zone.
What did i missed here ? I dont know what is belarus and my first impression is its some kind of a new company or something ? I dont also think that their exchange can compete with other big exchanges nowadays but why is everyone complementing it ?
Belarus is actually a country in Europe and I think peoples are much excited over here instead of a lot of other exchanges due to this exchange being centralized and also I think that there are a lot of benefits over there. I just checked their website and it seems catchy and attractive. I would like to go more deeply through their project and see if I can find any profits for me in there. Peoples needs to literate themselves regarding cryptos and also they need to get more knowledge about how to earn profits from them. I agree with you that there are a lot of big exchanges but if we deeply consider this exchange, we can see some potential in it. 
Seems all these people want is to abandon bitcoin, ok do this, wish luck. But I have another question? Why do you ain only bitcoin in your list? Because there are more powerful coins for reasons of why you ban bitcoin and for example let's takr Monero. You may know it's more anonymous than bitcoin and is pretty easy to money with cpu too. Just don't abuse this bitcoin, let this coin be like it was from the very begining.
The reason why some countries do not recognize bitcoin and cryptocurrency is the idea of "illegal money" being hide here. T
This action made by Belarus government to regulate is a good move. In this way they can prevent money laundering. However, some of the investors and traders do not agree with the idea.
This action made by Belarus government to regulate is a good move. In this way they can prevent money laundering. However, some of the investors and traders do not agree with the idea.
Is this a mix of a crypto exchange and a stock exchange? Look innovative if so.
Well.. I would say this is good news. The former USSR is one of the strongholds of cryptocurrency (or it used to be so until a few years back). But unfortunately the governments of Russia and Ukraine took a very hostile stance towards crypto from the very beginning. In the end a lot of the businesses were forced to move out. What Belarus is trying to do is very appreciable.
Everything that is really positive news is good for the market. Belarus is really opposing what Russia is doing right now. We all know that Russia hates bitcoin and the rest of crypto and I think this is one major reason why Belarus is giving home to everything related to crypto like ICO's as if giving the middle finger to the current government of Russia.
So let's see how this will turn out in the future. This is very interesting news because we really wanted crypto to grow in the next 5-10 years and countries like Belarus is already carrying the torch on that side of the globe. So better watch out for this one.
An almost totalitarian country is launching a totalitarian crypto exchange. 
I'm sure the belarusian government will use this as a way to catch most of the crypto traders in Belarus(if they are so stupid to actually register).
I'm sure the belarusian government will use this as a way to catch most of the crypto traders in Belarus(if they are so stupid to actually register).
Now, these traders will be simply cautious and use the international, stable and trusted exchanges. Really, it looks very strange for Belarus. However, probably, they have changed their attitude towards crypto?
Well.. I would say this is good news. The former USSR is one of the strongholds of cryptocurrency (or it used to be so until a few years back). But unfortunately the governments of Russia and Ukraine took a very hostile stance towards crypto from the very beginning. In the end a lot of the businesses were forced to move out. What Belarus is trying to do is very appreciable.
Seems like there will be more exchange like this in the future. Previously, it is DX.Exchange, now this one. Both of them provide the opportunity to buy tokenized assets like shares.
Will the exchange hold the real asset so that each token represent 1 asset (or a fraction of it?)? Can users withdraw the tokens to their own wallet? Which blockchain they'll use for tokenizing the security/assets?
Yes i believe cryptocurrency soon will have a real value that are more stable and more sustainable for businesses. I do think bitcoin will be much more stable. STO and IEO are already on the horizon and it will changes how to crowdfunding and i believe IEO and STO will grow dramatically in this year. Will the exchange hold the real asset so that each token represent 1 asset (or a fraction of it?)? Can users withdraw the tokens to their own wallet? Which blockchain they'll use for tokenizing the security/assets?
If I hear news like this, I always feel like living in that country where crypto and blockchain which are new technologies in the world of economy are accepted by a country openly even the government also supports the development of these technologies.
No need for such anxiety because development is a gradual process, it starts from somewhere and like diffusion, it moves to other places. So it is usually tasted where it starts from and if it solves a problem, others emulate it.
The project is quite interesting and personally I will follow him. It is likely that I will become one of the users of this exchange. It will be necessary to see how convenient it will be for users and what advantages it will have over competitors. The good news is that large investors who have experience and reputation are involved in the project. Belarus is generally very progressive in its approach to the distribution and regulation of cryptocurrencies. This is good news.
What is really introduced with this, that differs from any other regulated exchange out there? You still have an exchange, trading tokens for fiat and visa versa, like all the other exchanges.
Regulated exchanges are a honeypot for information gathering on people's private financial matters and this is just extended to Crypto currencies now. So when government agencies wants information on Crypto currency users, they turn to centralized organizations like this.
Nothing new here, just move on.
Regulated exchanges are a honeypot for information gathering on people's private financial matters and this is just extended to Crypto currencies now. So when government agencies wants information on Crypto currency users, they turn to centralized organizations like this.
Nothing new here, just move on.
What did i missed here ? I dont know what is belarus and my first impression is its some kind of a new company or something ? I dont also think that their exchange can compete with other big exchanges nowadays but why is everyone complementing it ?
Lol, you haven't heard of Belarus mate? It's some country right now that is totally offering a friendly and safe haven for crypto related projects.
So obviously everyone is complementing them because they are opening doors for crypto adoption on that side of the globe. And that is very good news indeed, so I suggest you start researching for more countries because more and more nation will just make a turn because they know that this technology will be the future.
What did i missed here ? I dont know what is belarus and my first impression is its some kind of a new company or something ? I dont also think that their exchange can compete with other big exchanges nowadays but why is everyone complementing it ?
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