Topic: 🔥🔥Lets's Talk about AMANPURI EXCHANGE🔥🔥 (100x Leverage Platform) - page 44. (Read 11580 times)

Very interested to hear the answer, the topic is really very important, bounty hunters are not investors and do not see the connection between terrorism and writing posts or any other activities of the bounty campaigns.

Marketing of course very important, but I think in the first place is the product itself, as a bad product even with the best marketing plan no one will use, and Vice versa with excellent product and an average marketing project will flourish.

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You ask the right questions, I am also very interested in where my data will be stored and do not they get into the hands of fraudsters. A passport photo is an important document that can be used for different purposes.

How many times we could multiply  our risk in short position? I am talking about marginal trading.

From one side I agree with team that everybody needs to be in safety and KYC is nesessary for it. But I also agree with community that it is not necessary to provide KYC for investors with small amount.

By far, the most important thing for a new project, if the marketing plan is absent, we can assume that the project will not happen and will not collect even coftcap. Marketing and advertising now ranks first, the very high competition in the market.

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Tell me please, is it possible to see the beta version of the exchange and will generally be testing for errors and endurance of the exchange?

I believe everything is simple to increase the trading volume needs more traders to attract traders required is, respectively, the first should do what the young market is the marketing and promotion of your product on all possible platforms. This is the first and most important thing. The rest of the steps is a minor, we need real people who want to trade on the exchange.

With professional team, fiat adoption, mass media and social media’s and if team will make partnerships with Microsoft as an example, I think it could be in top very quickly.

Top 20 is a very big leap, I think that even the project will not be able during the year to enter this top. Very large costs that a new project just not where to get. It is necessary to attract large traders, and this requires marketing, and marketing need money again. It is a vicious circle. I believe very much in the development of this project, but not too hopeful, at least in the first year of operation.

Not so sure that Captcha is very safe until now because in my opinion it should only be a confirmation that anyone can do without knowing the keywords of the owner.

Captcha is not the most secure login method, there are many proxies that help to circumvent this protection. To date, in addition to 2fa and identification by phone number ways to better protect user no.

What about concretical methods of security protection, maybe new captcha method?

You are correct, 100% scam.  Yesterday sent to all members to retrieve their password and not accune movements on the platform.  It's hole

Exchange has disappeared. Yet another exit scam by a shit exchange that hired a series of bumping services to generate 70 pages of spammy drivel bullshit. This is a prime example of why the presence of a bumping service = scam project, 99% of the time.

AMANPURI EXCHANGE start individual leveraged trading ROE contest Entry

https://amanpuri-exchange.zendesk.com/hc/en-us/articles/900001985303

AMANPURI EXCHANGE is about to host a ROE contest, everyone can participate as long as you do leverage trading! During this period, top ROE (return on equity) users of the competition will be shown on the trading dashboard in real time.

ROE competition content：
Users who trade with an open contract and have a higher ROE will get prize after the competition. Users can enter the competition by themselves. The prize amount varies depending on the total number of participant.
The calculation of ROE contest doesn’t effect on the amount of funds.
Example: Users with a margin of 0.02 BTC and users with a margin of 2 BTC are calculated ROE scores fairly.

Calculation method of ROE：
ROE (whole period) = [(ROE (day 1)+1)*(ROE (day 2)+1)*(ROE (day 3)+1)*... (last until the end date)]-1
* Please refer to the daily ROE calculation method below
 
ROE calculation method of the day (one day)：
ROE (ROE of the day) = margin balance (start of the day) ÷ margin balance (end of the day) – 1
* A day means Japanese time 12:00 to 11:59 of next day.
* For the calculation method of margin balance at the end, please refer to following
 
Margin balance calculation method (at the end of the day)：
Margin balance (at the end of the day) = margin balance (at the beginning of the day) +
realized profit and loss (at the time of trading on the day) + unrealized profit and loss
(at the end of the day)-unrealized profit and loss (at the beginning of the day)
 
ROE competition entry period：
8/2 01:00 ～ 8/12 08:59（UTC）
* You cannot enter the contest out of the entry period. Not allowed to participate on the half way.
 
ROE competition period：
8/12 09:00 ～ 8/30 08:59（UTC）
 
Requirements of competition：
Hold margin above 0.02 BTC
 
Number of participants and total prize amount：
The number of participants

Total Prize

20〜1,999

1 BTC

2,000~2,999

2 BTC

3,000~3,999

3 BTC

4,000~4,999    4 BTC
5,000~5,999   5 BTC
6,000~6,999

6 BTC

7,000~7,999   7 BTC
8,000~8,999   8 BTC
9,000~9,999

9 BTC

10,000+

10 BTC

Prize distribution rules:

Rank

Prize Ratio

1st

70 %

2nd

10 %

3rd

5 %

4〜10th

2.1 % each

 
Prize distribution time:
After the competition, the number of participants and fair or unfair will be confirmed within 20 days. Then distribution within 10 days to the ranked winner.
 
Competition supplementary note：
If there are less than 20 people during the contest, the contest (individual contest) will be suspended, but the team contest will start.
If 20 people are gathered and the competition is held, but because there are no trading or due to withdrawals the number of participants is less than 20. Even during the contest period, the contest will not be held, also no rewards will be distributed.
If you have a position during the entry period and holding position entered the contest, ROE will count from the time after you completely close the position during the contest.
After the competition, if you withdraw margin or do not trade during the competition, you might be disqualified
After the competition, the number of participants and ranking will be determined and announced within 20 days.
We reserve the right to disqualify any trading deemed to be a wash sale trading, illegally registered account, self-trading or market manipulation trading.
We reserve the right to cancel or modify the competition or competition rules.
Disqualification conditions:

If you hold a position during the competition, but the margin is less than 0.02 BTC before the competition: the qualification will be cancelled. (still can re-enter if you are qualified)
If there is no trading during the competition, the qualification will be cancelled.
Warning：Due to cryptocurrency trading involve high risks such as rapid price fluctuations, please make reasonable decisions and invest cautiously within your risk tolerance.
 
 AMANPURI Team

AMANPURI EXCHANGE start corps leveraged trading ROE contest Entry

AMANPURI EXCHANGE will hold a corps ROE contest in leveraged trading!
In the contest, we will count the team's average ROE (return on equity) after the contest.

ROE Contest Outline (corps style ):

To make trades with open positions, the top teams with the highest ROE can receive prize in the end of contest . All users can become team leaders.

For teams that have not reached the minimum number of participants will be disqualified. The prize money will be different according to the number of participating teams.

In addition to ROE ranking contest, there are prizes for the entire team's trading volume.

The calculation of ROE contest doesn’t effect on the amount of funds.

Example: Users with a margin of 0.05 BTC and users with a margin of 5 BTC are calculated ROE scores fairly.

Calculation method of ROE

ROE (whole period) = [(ROE (day 1)+1)*(ROE (day 2)+1)*(ROE (day 3)+1)*... (last until the end date)]-1
*Please refer to the daily ROE calculation method below

ROE calculation method of the day (one day)

ROE (ROE of the day) = margin balance (start of the day) ➗ margin balance (end of the day) – 1
*A day means 03:00 to 02:59 of next day.
*For the calculation method of margin balance at the end, please refer to following

Margin balance calculation method (at the end of the day)
Margin balance (at the end of the day) = margin balance (at the beginning of the day) + realized profit and loss (at the time of trading on the day) + unrealized profit and loss (at the end of the day)-unrealized profit and loss (at the beginning of the day)

 

・ ROE contest registration period (team battle):
3 July 09:00 ～ 11 July 23:59 （UTC）

・ ROE contest period (team battle):
12 July 00:00 ～ 1 August 23:59 （UTC）

・ Qualification:
At least 3 members Max 20 members in one team.

・ Minimum trading volume during the competition

1 team 1,000 BTC

Each team member has more than 0.05 BTC margin.

・ Number of participating teams and total prize:

ROE contest

Participating teams

Total Prize

10〜99 teams

1 BTC

100~499 teams

10 BTC

500~999 teams

50 BTC

1,000 teams

100 BTC

Trading volume contest

Participating teams

Total Prize

10〜99 teams

1 BTC

100~499 teams

10 BTC

500~999 teams

50 BTC

1,000 teams

100 BTC

Prize distribution rules:

Rank

Prize Ratio

1st

70 %

2nd

10 %

3rd

5 %

4〜10th

2.1 % each

 

Example of prize distribution (ROE)

Example: If there are 10 participating teams and the total prize amount is 2 BTC,

1st place 1.4BTC, 2nd place 0.2BTC, 3rd place 0.1BTC, 4 ~ 10th place 0.042BTC

Example: If there are 1,000 participating teams and the total prize amount is 100 BTC,

1st place 70 BTC, 2nd place 10 BTC, 3rd place 10BTC, 4 ~ 10th place 2.1 BTC

 

Example of prize distribution (trading volume)

Example: If there are 10 participating teams and the total prize amount is 1 BTC

1st place 0.7BTC, 2nd place 0.1BTC, 3rd place 0.05BTC, 4 ~ 10th place 0.021 BTC

Example: If there are 1,000 participating teams and the total prize amount is 100 BTC,

1st place 70BTC, 2nd place 10BTC, 3rd place 5BTC, 4 ~ 10th place 2.1BTC

 

・ Bonus distribution time:

After the contest, we will confirm the correctness and determining the contest ranking within 20 days, then distribute the prize within 10 days.

 

Supplementary matters of contest:

During the contest, if you withdraw margin or do not make any trade, you will be disqualified.
After the contest, the number of participants and ranking will be finalized and announced within 30 days.
We have the right to disqualify users who are regarded as illegally registered, and market manipulation.
We reserve the right to cancel or modify the contest or contest rules.
If you hold a position enter the contest and participate in the contest without closing the position, the ROE and trading volume will be calculated after the position is 100% closed .
The prize money will be evenly distributed to the members of winning team.
Need to get approval from the team leader to join the team.
You can only join one team in a contest.
When you enter a team, you have to show your user ID to the team leader.
The leaderboard will show the number of teams in real time and the finalized number of teams after the contest.
If the number of teams is less than 10, the contest will not be established and will not be played during this period.
If the commission income during the contest is lower than the total prize, 70% of the net commission income will be the upper limit of the total prize.
 

Cancellation Policy:

If you hold a position to enter the contest and before the contest your margin is less than 0.05 BTC: your participation will be cancelled. (Can re-register the contest again)
If you do not trade at all during the contest, you will be disqualified.
Teams that have not reached the minimum trading volume during the  contest,the team will be disqualified.
 

 

AMANPURI Team
3 July 2020

The renewal of the exchange has added various features to the exchange.
We're also planning to unlock AMAL on the 26th.
Amanpuri is an exchange that will continue to provide a buzz.

Important announcement!
Unlock AMAL in the now locked up Dividend Balance at 9am UTC on the 26th.
That AMAL will be able to be traded in a pair of USDT \AMAL.
AMAL in Dividend Perpetual Balance will not be unlocked.

Amanpuri's leveraged trading is a great one with a board matching system.
The number of users will continue to grow as we offer ROE competitions and MAM accounts.

Thanks for sharing the updates!
Stay tuned for the reopening.

Renewal announcement 

Dear AMANPURI community users:

Thank you for always supporting AMANPURI Exchange.
AMANPURI Exchange started to sell AMAL in August 2019, then started spot trading in December of the same year, and leveraged trading by April 2020.
However, due to recurrent schedule changed and malfunctions that was experienced, we deeply apologize to early stage investors, community users and traders for not providing a good user experience.

The reason for the problem is that in the beginning we set an excessively tight schedule in order to accomplish system update and release platform on time, therefore few malfunctions occurred when we couldn’t have sufficient development time and sufficient test time. In the future, in a bid to improve, we will make sure the test procedure will be implemented and using the same environment as the official launch platform to conduct practical tests.

We are currently aware of the following issues, and will resolve all of these issues before renewal open in June.
・ Insufficient trading volume
・ Many bugs
・ AMAL price is less than pre-sale price
・ No benefits for pre-sale participants
・ Hope to unlock all the wallet balance
・ Lack of active users
・ Not compatible with smartphone (iOS APP has not been released)

The management team is reviewing these points to carry out overall reforms. The specific improvements are described below.

Improving the overall user trading experience
-Implement Easy Mode to simplify the function of leverage trading (Standard mode will become Pro).

New or additional function.
・ Release MAM
・ Update Android APP ( leverage trading function executable)
・ Add IFDOCO ordering method

Specific of solutions
・ Insufficient trading volume
Currently we are consulting with several new market makers, and focus on keeping high trading volume and spread narrow to provide market liquidity.

・ Many bugs:
We reviewed the test environment and test process. At first we arranged the test net so that it would be perfectly synchronized with the main net. So far, because the test functions have been added to the test net continuously, some differences inevitably occurred, and sometimes it will cause the test to be missed.
By making test net and main-net identical, we will eliminate testing omissions and repeatedly check for errors and bugs.

・ AMAL price is lower than pre-sale price:
We take this issue very seriously. We consider that the value of AMAL is directly proportional to the actual condition of the business. From now on, we will share the AMAL target price internally and continue the development project of exchange.

・ No benefits for pre-sale participants:
We will implement the limited function only for pre-sale participants. In the future, we will actively work on listing new tokens. Basically we do not charge listing fees for new token. Conversely, we will charge new listed token and also some tokens as a reward to users.

Whenever a new item is listed, the token will be distributed to pre-sale participant who holding a certain amount of AMAL.

・ Hope to unlock all the wallet balance:
A community vote will be held soon so that can come out a decision as soon as possible.

・ Lack of active users
First of all, as mentioned above, by cooperating with market makers, we will be able to provide sufficient liquidity and establish a comfortable trading environment for user. On top of that, we will create an environment by enhancing functions, lower transaction fees and holding events etc., plus the flexible use of media, so that Amanpuri global partners can use our platform to trade more easily.
Within 3 months, we will not longer need to consult with market makers and can show sufficient liquidity for real users.]

・ Not compatible with smartphone browsers:
At present, the APP has been released on Android. Since iOS app review takes time, we will work to build an environment where you can comfortably use your smartphone browser to conduct transactions. (Expected after June).

These improvements and tests will take about 2 month, and AMANPURI aims to reopen in June. (platform is not closed during this period)

 
About AMANPURI Exchange’s vision
Amanpuri is an innovative platform that conduct spot transactions and 100 times leverage trading. In addition, by retaining AMAL you can receive BTC dividends every day, so it has been supported by communities around the world.
Owning AMAL would not only bring you daily dividend, but also halve the transaction fee and get community voting right. Our exchange is not like a traditional centralization system, it’s decentralized exchange that can be participated by community AMAL holders.

Users will choose the exchange which has
・ System stability
・ Enough market liquidity
・ Narrow spreads
・ Easy to operate
・ Don’t need to worry about the safety of asset storage.
・ Don't need to worry about operation side.
・ Quick and polite customer service

These are the basic functions of the exchange, we will hold the original intention, not only to enhance the new functions, but also fully implement the above functions.

Thank you for your time, and please continue to support Amanpuri now and in the future.


Amanpuri Team
May 1, 2020