Topic: New exchange for bitcoin forks - Forkonex.com - page 2. (Read 505 times)
Normally the users are not a huge fan when it comes to forked coins. They are usually regarded as low quality ones or ones that are not that useful. So the demand won't be much in the market for this.
there have been too many bitcoin fork exchanges because bitcoin is very well known, the most important is the quality of the volume in the exchange because it can show the number of users as well
Actually Bitcoin Fork is full of filth it will be better if we can see review based on this exchange also you can let us know after using this exchange.
Given how the people looks at forked coins, the response will be pretty low from the people. They will opt for something much more viable and long term.
Good they started an exchange for forked coins. Every other exchange are delisting every of bitcoin forks (except of course bitcoincash) and you'll at least have some place to dump it all. The charm of bitcoin fork brought by bitcoincash soon decreased after the issuance of shit tokens like bitcoingold and others.
Last year was year of bitcoin forks, this year of exchanges ) appear many exchanges, news about them) may be more boom of exchanges )
Forked coins are normally deemed as something as a short term investment. If people are looking for something that will stick in the long run, they tend to opt this out. And that is why their demands are so low.
You can trade BTX, BTG, BCD, BCX, BTCP, SBTC, LBTC and BCA in Forkonex. The trade fee is about .85%. Withdrawal fees varies from coin to coin and they also asks for KYC. Sadly, a lot of coin doesn't have enough volume and buyers available. I am still a bit skeptic about their service though. Hopefully, you'll provide a review soon.
Forkonex has listed quiet a large number of forks in there website. BTG, BCD, BCX, BTCP, SBTC are some of them. However, major forks like ETC and BCH are not there. They also have a trade fee of .85% which I found high considering this fee is for the forks which are worthless right now.
Because it has created by someone that dedicated that exchange site to become the bitcoin fork exchange site and it will never listed ETC or any other fork coin that has been created through forking the altcoin chain. But i guess the owner has been considering bitcoin cash as the worst fork in the bitcoin history.
Honestly, I don't feel the need for new exchanges anymore as the exchange industry is already saturated and there are chances of falling for scams/cheats through the new exchanges that are getting introduced every single day. A lot of them are showing fake volume and market cap. Moreover, I find most of the forks to be shitcoins. So, I would better skip this one.
It seems that most bitcoin forks have lost their voice so far.
So I guess these forks are just hype and not a lot of people care.
So I guess these forks are just hype and not a lot of people care.
Forkonex has listed quiet a large number of forks in there website. BTG, BCD, BCX, BTCP, SBTC are some of them. However, major forks like ETC and BCH are not there. They also have a trade fee of .85% which I found high considering this fee is for the forks which are worthless right now.
I never tried that before. But I really don’t prefer to exchange with these kind of bitfork. They don’t seem trustworthy to me.
I am stuck with KuCoin. I think i can try this exchange. But first i need to do some thorough research on it. Please leave a review if you have tried it. It will help a lot for further research,
Just heard this name now. I am always so confused about trying new exchanges. Because we all know that there are lots scam exchanges. So i think i should wait for some reviews.
I have not tried it yet. The fact is there is no good reviews or analysis about. It is quite hard to trust new exchanges. What is your opinion about this exchange?
I have never tried and came to know about it from this post. Maybe I will try it after an elaborate research. Will let you know how it is if I go for it.
Yeah I tried BTG and some other forks that are not in the list. But unfortunately all of them are such a waste of time and energy.
Exchange is good but volume is low.
I don’t trust Bitcoin forks. I heard they are useless. So I never tried any Bitcoin forks. I’ll advice you not to waste your energy on these.
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