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Topic: eXch - instant exchange BTC / LN / XMR / LTC / ETH / ERC20 - page 10. (Read 32527 times)

legendary
Activity: 3206
Merit: 1174
Leading Crypto Sports Betting & Casino Platform
I don't know if it is addressed before but my question is why eXch does not have USDT on tron network too ? Or is their any plan for that ?
They already explained why they support USDT only on ethereum network and don't want to have it on other networks like Tron.

Here is the relevant post.

I know that there was a discussion about it earlier, but what is the final statement, will there be or is it planned to integrate other "cheaper" networks than Ethereum and ERC20? I imagine that many would like the possibility of swapping to TRC20.
Most likely not and specially if the purpose of supporting the whole new network is only because of 1 stablecoin (USDT). USDC is quitting Tron by February 2025, DAI is Ethereum only, other stablecoins are either scam or potential scam. Almost every crypto company looks like this https://youtube.com/watch?v=soNnMObpiYM so I think you might understand our lack of motivation to support centralized stablecoins (we support them with risks assumed).

I understand this concern and also watched that video but i don't understand one thing, If tether is a potential scam, it is irrelevant if you have USDT on Ethereum chain or Trc20 chain. In case of any mishap with tether, the ones having USDT on erc20 chain wouldn't make much difference than those having it on other chains.
Anyways its eXch decision of giving support of which networks on their site.
legendary
Activity: 2380
Merit: 5213
I don't know if it is addressed before but my question is why eXch does not have USDT on tron network too ? Or is their any plan for that ?
They already explained why they support USDT only on ethereum network and don't want to have it on other networks like Tron.

Here is the relevant post.

I know that there was a discussion about it earlier, but what is the final statement, will there be or is it planned to integrate other "cheaper" networks than Ethereum and ERC20? I imagine that many would like the possibility of swapping to TRC20.
Most likely not and specially if the purpose of supporting the whole new network is only because of 1 stablecoin (USDT). USDC is quitting Tron by February 2025, DAI is Ethereum only, other stablecoins are either scam or potential scam. Almost every crypto company looks like this https://youtube.com/watch?v=soNnMObpiYM so I think you might understand our lack of motivation to support centralized stablecoins (we support them with risks assumed).
legendary
Activity: 3206
Merit: 1174
Leading Crypto Sports Betting & Casino Platform
I don't know if it is addressed before but my question is why eXch does not have USDT on tron network too ? Or is their any plan for that ?

I think most of the users will prefer to convert into USDT using tron network (trc20) because it saves a lot of fee. It won't be feasible to convert to USDT on ETH if the amount is less as there is will lot of tx fee involved in moving the USDT on the Ethereum network.
legendary
Activity: 3472
Merit: 10611
yep, that's exactly what i think. if not for Elon, DOGE would at best be worth a few cents and would have been pushed out of the top 10 coins long ago.
him posting about it in 2020/2021 pumped it from under 1 cent to its current ATH.

he literally created an unofficial US department called the department of government efficiency or DOGE as he likes to call it.
A lot of similarly useless memcoins and shitcoins have had their price rise against the dollar. Like XRP which many people keep talking about these days. That is not exactly their pump, it is the indirect effect of bitcoin price rising up. And it happens every time.

Musk's influence on DOGE was some pumps here and there which were followed by dumps. The rest of the rise in $$$ price is the consequence of bitcoin rising as I explained.
legendary
Activity: 2212
Merit: 7064
Guys I don't understand why are you talking so much about all this altcoins?
I didn't saw eXch announcing anything about adding any new coins, and I would never waste time running sol node, that crap breaks all the time.
Only reason for adding new coins for most of the people would be some alternative for stable coins, and that is it.
hero member
Activity: 510
Merit: 574
Top-tier crypto casino and sportsbook
don't forget guys, the only reason DOGE is still relevant and at its current price is because Elon and his followers keeps pumping it.
i have no problem with DOGE, but i don't like how the price can be easily manipulated by a single person.


So you think that DOGE only survives because of one man? I don't know when he first mentioned it, but I don't think he should be the reason why that coin is still relevant. As for the pump, most altcoins follow BTC, and I don't see that the current price of DOGE has anything to do with the person you mention - he has much more important tasks than pumping any coin.

yep, that's exactly what i think. if not for Elon, DOGE would at best be worth a few cents and would have been pushed out of the top 10 coins long ago.
him posting about it in 2020/2021 pumped it from under 1 cent to its current ATH.

he literally created an unofficial US department called the department of government efficiency or DOGE as he likes to call it.
legendary
Activity: 3542
Merit: 3625
Crypto Swap Exchange
don't forget guys, the only reason DOGE is still relevant and at its current price is because Elon and his followers keeps pumping it.
i have no problem with DOGE, but i don't like how the price can be easily manipulated by a single person.


So you think that DOGE only survives because of one man? I don't know when he first mentioned it, but I don't think he should be the reason why that coin is still relevant. As for the pump, most altcoins follow BTC, and I don't see that the current price of DOGE has anything to do with the person you mention - he has much more important tasks than pumping any coin.
DOGE is currently 80% dependent on what Elon says about it. Before that, (around 2019) it was really miserable, being bought for 14 satoshi's. One of the important advantages it had as one of the oldest was that it was listed on all exchanges and with very cheap transactions.

I agree with LoyceV, DOGE is not the best choice for an exchange that operates exclusively with its own funds so in case of a big price drop, you have to wait for Elon Musk's new tweet to reduce the loss.
Adding Doge adds the risk of someone exchanging a load of Doge for Bitcoin right before a price drop, making eXch a Doge bag holder. I wouldn't want to run that risk.
legendary
Activity: 3234
Merit: 5637
Blackjack.fun-Free Raffle-Join&Win $50🎲
don't forget guys, the only reason DOGE is still relevant and at its current price is because Elon and his followers keeps pumping it.
i have no problem with DOGE, but i don't like how the price can be easily manipulated by a single person.


So you think that DOGE only survives because of one man? I don't know when he first mentioned it, but I don't think he should be the reason why that coin is still relevant. As for the pump, most altcoins follow BTC, and I don't see that the current price of DOGE has anything to do with the person you mention - he has much more important tasks than pumping any coin.
hero member
Activity: 510
Merit: 574
Top-tier crypto casino and sportsbook
don't forget guys, the only reason DOGE is still relevant and at its current price is because Elon and his followers keeps pumping it.

i have no problem with DOGE, but i don't like how the price can be easily manipulated by a single person.
legendary
Activity: 3234
Merit: 5637
Blackjack.fun-Free Raffle-Join&Win $50🎲
~snip~
Doge? I don't know, I don't care about such a silly and pointless meme shitcoin. This is just my personal opinion, YMMV.


Everyone is entitled to their opinion, but unlike today's meme-shitcoins, DOGE has community support that no meme coin will ever have - and I remember when I first started collecting them on faucets back in 2014 - the price it was not expressed as 1 DOGE = $ but as 1000 DOGE = 0.14 $. My DOGE that I never sold are worth a small fortune today - and 99% of all meme coins today won't exist in 10 years.

That's just my personal opinion Wink
hero member
Activity: 504
Merit: 1065
Crypto Swap Exchange
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legendary
Activity: 2352
Merit: 6089
bitcoindata.science
Personally, i would prefer DOGE.
Adding Doge adds the risk of someone exchanging a load of Doge for Bitcoin right before a price drop, making eXch a Doge bag holder. I wouldn't want to run that risk.
What's the difference of DOGE with LTC and ETH? That risk already exists. It's now possible that someone wants to exchange a big amount of LTC or ETH for bitcoin.
Are you saying eXch shouldn't add any more coin/token, because people may want to exchange a big amount of them for bitcoin?

ACtually, all those coins (LTC and ETH and even XMR) lost value against Bitcoin over the past 5 years or so.
Except for DOGE, which is becoming valuable each year (even considering bitcoin price)

But I agree with hosseinimr93 , this shouldn't be considered when launching a new coin imo.
legendary
Activity: 3290
Merit: 16489
Thick-Skinned Gang Leader and Golden Feather 2021
What's the difference of DOGE with LTC and ETH? That risk already exists. It's now possible that someone wants to exchange a big amount of LTC or ETH for bitcoin.
LTC and ETH seem to be less volatile than Doge.

Quote
Are you saying eXch shouldn't add any more coin/token, because people may want to exchange a big amount of them for bitcoin?
No.
legendary
Activity: 1512
Merit: 7340
Farewell, Leo
I would also rather not associate the best no-KYC, instant exchange with the shitcoin mascot, if my feedback counts.
legendary
Activity: 2870
Merit: 7490
Crypto Swap Exchange
I honestly don't care about dash and it's low trading volume, nobody I know is using it and it doesn't have real privacy like monero.

And it's worth to mention that using Bitcoin with one of CoinJoin service/wallet offer similar or better privacy than DASH. After all, DASH privacy feature is CoinJoin managed by one of masternodes.
legendary
Activity: 2380
Merit: 5213
Personally, i would prefer DOGE.
Adding Doge adds the risk of someone exchanging a load of Doge for Bitcoin right before a price drop, making eXch a Doge bag holder. I wouldn't want to run that risk.
What's the difference of DOGE with LTC and ETH? That risk already exists. It's now possible that someone wants to exchange a big amount of LTC or ETH for bitcoin.
Are you saying eXch shouldn't add any more coin/token, because people may want to exchange a big amount of them for bitcoin?
legendary
Activity: 3290
Merit: 16489
Thick-Skinned Gang Leader and Golden Feather 2021
Personally, i would prefer DOGE.
Adding Doge adds the risk of someone exchanging a load of Doge for Bitcoin right before a price drop, making eXch a Doge bag holder. I wouldn't want to run that risk.
legendary
Activity: 1568
Merit: 6660
bitcoincleanup.com / bitmixlist.org
For example, XRP is currently up to the 3rd place on CMC, quite an established coin. Proposals could begin to consider adding XRP to the exchange.

XRP is the new DOGE.

That being said, do whatever's good for business  Cheesy
legendary
Activity: 3542
Merit: 3625
Crypto Swap Exchange
SOL is just trying to be some eth 2.0. It may just be replaced in the  next cycle. DOGE won't be replaced.
I think that for the listing of a new coin, the purpose and prediction of what will happen to a coin in 5 years is not important. Probably much more important is the current usability and demand for trade, as well as the market potential of a coin.
For example, XRP is currently up to the 3rd place on CMC, quite an established coin. Proposals could begin to consider adding XRP to the exchange.
legendary
Activity: 2352
Merit: 6089
bitcoindata.science

Doge? I don't know, I don't care about such a silly and pointless meme shitcoin. This is just my personal opinion, YMMV.

Lol!
Doge is now a reputable memecoins.
It's "Meme Coin Season 1": an old story.

I agree. DOGE is the first memecoin.
and it has its own chain!

I think SOL is a very important coin for every exchange.
Also, it would allow (I say allow, as in "option") the quotation of a series of other very interesting (for the exchange POV) coins.
Of course, this would imply some technical work, but I think SOL is a coin that cannot be ignored by an exchange

Isnt SOL important because it is the home of all memecoins?
There are so many articles about this https://medium.com/coinmonks/why-solana-has-become-the-ultimate-hub-for-meme-coins-514cf6e8268b

I think solana is nothing without memecoins...

SOL is just trying to be some eth 2.0. It may just be replaced in the  next cycle. DOGE won't be replaced.
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