Hello All,
I like the fact that we can trade through the portal but the volume is so low and the markets are too little. Perhaps the team, I know you won't, may consider an exchange to list Qurtal to help with volumes and bring awareness to the coin. I think this would be advantageous
Cheers,
Waya.
The trade volume may change once LTC is live on the Trade Portal. BTC transaction fees are too high right now, so trading is at a minimum. Also, any Exchange is free to list Qortal, but the Qortal community will not initiate this. This has been in development for years, so collectively, there is no rush.
The volume will DEFINITELY change once LTC and PRESENCE are implemented.
The main 'issue' right now, is that the orders in the portal could potentially have an offline core behind it... which means the automation for the creation and execution of the actual trade, isn't there... This cause the order to have to REFUND, which in the case of BTC, takes a very long time.
Hence, there isn't much use of the portal at the moment.
LTC fixes the speed issue, trades will happen within 5-7 minutes, and refunds in 1 hour... Then to take it a step further, PRESENCE, will only show ONLINE ORDERS, which means that only orders that CAN COMPLETE will show up on the Trade Portal sells list.
This will mean a liquid, fast, cheap cross-chain market.
Also, with the support for LTC, comes support for ANY BTC CLONE in the Qortal API. This means we can easily support other BTC clones in the Trade Portal.
I firmly believe these things above will bring not only a liquid, fast, usable cross-chain market, but also bring support from other BTC clones looking to be supported on a trade platform with NO RISK OF LOSS.
Now, tell me, why would I give up control of my coins just to trade, when I can do that without giving up control? Who will be opposed to that?