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Topic: CoinFalcon - Bitcoin, Ethereum and other cryptocurrency Exchange - page 2. (Read 1763 times)

legendary
Activity: 3164
Merit: 1127
Leading Crypto Sports Betting & Casino Platform
Our license is pending approval at the moment...


Why did you create this thread without first having a license?

How will you pay the programmers, the people who attend the ticket support and other things necessary for the proper functioning of your site if you only will charge the margin trade fee?
newbie
Activity: 17
Merit: 0
What kind of license do you have? I looked at the list of Regulated Financial Institutions in Estonia and couldn't find CoinFalcon.

Hi poordeveloper. Our license is pending approval at the moment, things take a bit in Estonia to get approved. We will have a link to the license on our site once it is ready so you don't have to search for it.


I was searching for a good exchange since I don't have much knowledge about them I did some research and found Poloniex/Yobit and few more, sadly Poloniex was asking for my KYC/photo proof and I am not planning to do big exchanges so didn't care to provide them, are you guys planning to add Stratis/Ripple in the future? will checkout CoinFalcon cheers.

Hi illusioNiZt! We are open to adding any coin given there is enough demand Wink.

hero member
Activity: 896
Merit: 527
₿₿₿₿₿₿₿
What kind of license do you have? I looked at the list of Regulated Financial Institutions in Estonia and couldn't find CoinFalcon.
sr. member
Activity: 756
Merit: 252
I was searching for a good exchange since I don't have much knowledge about them I did some research and found Poloniex/Yobit and few more, sadly Poloniex was asking for my KYC/photo proof and I am not planning to do big exchanges so didn't care to provide them, are you guys planning to add Stratis/Ripple in the future? will checkout CoinFalcon cheers.
newbie
Activity: 17
Merit: 0
Where do you plan to have bank accounts on?

Hi poordeveloper! As mentioned in our first post, we are a Regulated Financial Institution in Estonia, thus that is where our banking partner is located. Thanks for the question!
What about alternative deposit options? Perfect money, AdvCash... Do you plan on accepting any of them?

Hi poordeveloper! In the future, we will explore alternative deposit options but for launch, we will only have SEPA transfers for fiat.
hero member
Activity: 896
Merit: 527
₿₿₿₿₿₿₿
Where do you plan to have bank accounts on?

Hi poordeveloper! As mentioned in our first post, we are a Regulated Financial Institution in Estonia, thus that is where our banking partner is located. Thanks for the question!
What about alternative deposit options? Perfect money, AdvCash... Do you plan on accepting any of them?
newbie
Activity: 17
Merit: 0
Where do you plan to have bank accounts on?

Hi poordeveloper! As mentioned in our first post, we are a Regulated Financial Institution in Estonia, thus that is where our banking partner is located. Thanks for the question!
hero member
Activity: 896
Merit: 527
₿₿₿₿₿₿₿
Where do you plan to have bank accounts on?
newbie
Activity: 17
Merit: 0
There are lots of exchanges already and many upcoming ones too. Hope you succeed, have requested for early access.

Good luck!

Thanks cointabo! We will be launching to our early access users soon, stay tuned Wink.
sr. member
Activity: 477
Merit: 250
There are lots of exchanges already and many upcoming ones too. Hope you succeed, have requested for early access.

Good luck!
newbie
Activity: 17
Merit: 0
No Free + Exchange == Obvious Scams
Please explain your revenue model if you are choosing to run an exchange as a charity.Those whatever % fees you would take will be equivalent to the transaction fees.

Hi KenR! We mentioned in the main post that we will have fees for margin trading.
hero member
Activity: 910
Merit: 1000
「きみはこれ&#
No Free + Exchange == Obvious Scams
Please explain your revenue model if you are choosing to run an exchange as a charity.Those whatever % fees you would take will be equivalent to the transaction fees.
newbie
Activity: 17
Merit: 0
So users not using your margin trading services won't pay fees?

How about deposit and withdrawal fees?

Hi poordeveloper! Correct, we will only be charging a fee to traders who are utilizing the margin trading system. We are still working out what the deposit and withdraw fee will be but it will simply be to cover what we are charged by our banking partner.

So looks like platform is still in development phase, idea of 0% trading fee for forever sound too good to be true. Lets see how you guys have planned to survive with all the running cost you might have to cover each month.  Grin

Hi mobnepal! Yes, that is correct, we are still in the development phase and in the process of getting our license in Estonia. As mentioned earlier, we will be charging a fee for trading on margin.

A suggestion:

Implement multisig wallets so people don't have to trust the exchange. Then I would use it.

Hi twinstarrider72! This is on our roadmap to be implemented, but we won't be launching with it as it is a great deal of work.
newbie
Activity: 31
Merit: 0
A suggestion:

Implement multisig wallets so people don't have to trust the exchange. Then I would use it.
legendary
Activity: 1218
Merit: 1006
So looks like platform is still in development phase, idea of 0% trading fee for forever sound too good to be true. Lets see how you guys have planned to survive with all the running cost you might have to cover each month.  Grin
hero member
Activity: 896
Merit: 527
₿₿₿₿₿₿₿
So users not using your margin trading services won't pay fees?

How about deposit and withdrawal fees?
newbie
Activity: 17
Merit: 0
CoinFalcon.com


We are currently building a Bitcoin, Ethereum and co Exchange called CoinFalcon.
In the coming months, CoinFalcon will launch to our early adopters and beta testers.
Sign up now to get early access to Bitcoin and Ethereum trading!


Get Early Access



Features:

  • Mobile and desktop compatible
  • Instant buy mode
  • Advanced trading view
  • API
  • Bitcoin & Ethereum
  • Two-step Authorization
  • Regulated Financial Institution in Estonia

Deposits:

  • Bitcoin
  • Ethereum
  • Euro (SEPA)

The homepage is still in progress as we build out the rest of our application, please stay tuned for updates!

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