Post
Topic
Board Announcements (Altcoins)
Re: [ANN][Qtum] A Scalable POS Smart Contract Platform| 11156BTC+77081 ETH raised
by
Qtum
on 07/05/2017, 01:16:11 UTC
Are there updates on the listing of QTUM in the exchanges? I want to know when and at what exchanges it would be listed. I hope it is not just on the Chinese exchanges because we risk having our QTUM locked. The Chinese central bank still has not lifted the ban on cryptocoin deposits and withdrawals if I am not mistaken.

That's a good question. The exchanges that hosted our Crowdsale may open trading when the main network is released in September 2017. It's an open source project, any exchange can list Qtum.

As for the ban on Bitcoin withdrawals, yes it is still in effect. People in China speculate that no exchange wants to be the first to open withdrawals, because they're afraid they will be the first ones to get targeted by the PBOC, so they are all stuck in a waiting game. Whether this is true or not is anyone's guess. It appears people are able to buy Ethereum with their BTC and withdraw that.

It is still very risky. The investors of the ICO made cryptocoin investments in the form of bitcoin and ETH. So of course they also would want to have their investments back in BTC and ETH. How are they supposed to withdraw their investment if there is no Chinese exchange allowing cryptocoin withdrawals?

Do you have plans to negotiate a listing of QTUM in exchanges outside of China?

Once the test network is launched in June, any entity is free to look over the code and decide if they want to offer services. We haven't approached any exchanges asking them to list Qtum since the Crowdsale.
You can withdrawals ETH,no limit.

What exchanges in China allows ETH withdrawals with no limit? Please post all of them.

It is still very risky because those exchanges are now giving the Chinese central bank a reason to order to shut them down. It also does not mean using the Chinese exchanges are safe for foreigners.

@Qtum. But will you approach Poloniex or other US based exchanges to list QTUM in the future?

We reached out to Poloniex a few months ago to see if they would host our crowdsale, before our legal team advised us against allowing US citizens to participate. They told us they do not host Crowdsales anymore. Whether they list the project once the main network is released is up to them, as the code will be open source.