Post
Topic
Board Announcements (Altcoins)
Re: [ANN][Qtum] A Scalable POS Smart Contract Platform| 11156BTC+77081 ETH raised
by
BTCspace
on 08/05/2017, 08:27:17 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?

do not worry about this.

you can withdraw BTC and ETH.




I do not think that is true. If it is then it will be still too risky to trust a Chinese exchange when the Chinese central bank can order the exchanges who breaks the rules to shut down. Maybe some smaller Chinese exchanges will exit scam after they are ordered to stop running their exchange.

i think the Chinese exchanges have no big difference from other exchanges.

but you have a point, PBOC is a problem for some Chinese exchanges.