Author

Topic: Icon launching their own exchange (Read 95 times)

copper member
Activity: 140
Merit: 1
CryptoMarketAds
January 22, 2019, 01:30:21 AM
#9
I think it is a smart move, because they have regained the trust of the investors by launching their own cryptocurrency exchange. I am pretty sure that this coin will surely survive in a long run both bad market and good.
member
Activity: 378
Merit: 13
January 21, 2019, 02:48:18 AM
#8
Icon is trying to solve liquidity problems by launching their own exchange.

Hmm, does this mean not enough fiat to ICX is being traded? Or is this a smart move to ensure long-term sustainability?

https://cryptomenow.com/icon-icx-to-launch-their-own-dex-and-decentralized-id-system/


i don;t think there is any aim of long term sustainability. the rate at which exchange platforms are created in crypto currency is alarming, and its so funny i cannpt comprehend all, becuase they all provide basics that has been existent in previously stable crypto currency.

And in the bear market, how do they want to get funds for the best security an exchange deserves.
sr. member
Activity: 1092
Merit: 284
January 21, 2019, 02:45:16 AM
#7
Many issued their own exchange platform but it was very long to release it to full release because it was not as easy as it needed to be a struggle, if ICON was almost achieved then it would be great let's support it.
hero member
Activity: 1540
Merit: 507
January 21, 2019, 01:58:47 AM
#6
Icon is trying to solve liquidity problems by launching their own exchange.

Hmm, does this mean not enough fiat to ICX is being traded? Or is this a smart move to ensure long-term sustainability?

https://cryptomenow.com/icon-icx-to-launch-their-own-dex-and-decentralized-id-system/
This not a smart move, they thinking if they can easily fix their liquidity problem but that's not the correct answer. People will prefer to use major exchange site rather than trying to use a new exchange site. This idea doesn't make sense.
hero member
Activity: 2128
Merit: 530
PredX - AI-Powered Prediction Market
January 21, 2019, 01:52:20 AM
#5
For me this is overdue, most of this top infrastructure platforms have a DEX attached to their chain even GoChain a recent project is looking along that line. The issue with ICON team is that they think build and developers would come but that happens in a space where you have the first mover advantage like Ethereum and Bitcoin which is not the case for ICON. Good luck to the team
jr. member
Activity: 294
Merit: 1
Colletrix-Bridging the Physical and Virtual Worlds
January 21, 2019, 12:51:10 AM
#4
I think this is the right step to be taken by ICON, in addition to developments for the long term. Although each exchange has its own weaknesses, such as the transaction process or price. But this step will make it easier for users. Thank you for the news.
sr. member
Activity: 1918
Merit: 256
Just.bet - Decentralized On-chain Casino
January 20, 2019, 06:51:56 PM
#3
I prefer to own exchange  even though the process is longer and the trading volume is not large.
the obstacle is that any coin will dump when entering the market even though the coin is registered in the own exchange .
member
Activity: 238
Merit: 10
January 20, 2019, 03:36:44 PM
#2
Everyone is creating exchanges nowadays, not sure they're really working to solve actual problems, maybe they're just looking for profits.
It's quite the oversaturated market, I've yet to see some trait of this new exchange that will make it stand out.
jr. member
Activity: 42
Merit: 3
January 20, 2019, 03:26:34 PM
#1
Icon is trying to solve liquidity problems by launching their own exchange.

Hmm, does this mean not enough fiat to ICX is being traded? Or is this a smart move to ensure long-term sustainability?

https://cryptomenow.com/icon-icx-to-launch-their-own-dex-and-decentralized-id-system/
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