Post
Topic
Board Tokens (Altcoins)
Re: [ANN] [RPX] Red Pulse Token – Next Generation Intelligence and Content Ecosystem
by
cryptokancha
on 01/11/2017, 09:51:43 UTC
Kucoin is heading against nature's rule - Try to unnecessarily tie up someone and he / she will never come back once left.
atm we have no choice but kucoin exchange to trade and store RPX as even withdrawal has not been activated.
They must be thinking that if allowed, their daily volume go back to previous level.
Once detailed profit sharing calculation done, no one would like to store KCS.
The whole situation is killing the value of KCS, KCS exchange and RPX too. too very short sighted operators.
But as soon as RPX is tradable in another exchange, i don't think anyone will stick with KCS exchange.

This is the very first NEP-5 token out there. Each and every exchange have to figure out how to process deposits and how to process withdrawals. Keep in mind that NEO's tokens withdrawals are different than NEO or GAS withdrawals. I think Kucoin as new kid on the block saw the chance to be first in something and thus differentiate themselves among competition. So they rushed things and allowed deposits and trading before they figure out how to do withdrawals.
I respect that you are a full member in BT. but what i understand from your writing is that they were unprepared but started the operations while we are trusting them with our real money. that was supposed to be my choice whether or not to transfer my money to exchange after knowing the pros & cons. but here i see we are not supposed to have our choices.