I am here to provide information and evidence uncovered not to get into a slagging match with NAC SHILLS and SOCK PUPPETS ! Yesterday I received a cease and desist Order from NAC solicitors Ordering me to stop posting, Delete all posts I have made about NAC and AML Bitcoin, Hand over all research my group has accumulated and stored in our Private Chat Group! I have until Monday to comply with the Order or NAC has threatened to Sue me! My other group members who have been offered a refund which is subject to an NDA and requires them to delete all posts related to NAC, AML Bitcoin and turn over all documents including those stored in our personal private Chat group! Again our members are strong and will not be bullied into surrender as they believe very strongly what they are doing is in the best interest of the crypto community! The exchange listing today was a bit of a surprise but not un expected,its always been our view NAC would list AML Bitcoin and dump the millions of Coins there holding, They have not provided there wallet addresses so we cannot see what volume on exchange is from them, they have publicly stated there coins are for future mergers so I can see no reason not to make these addresses known.
We new HitBtc was not listing AML Bitcoin what we dont know is the reason why but we can surmise.
1) NAC wont come up with the fee to list on a high volume exchange
2) HitBTC has refused to list AML Bitcoin which would indicate a serious problem since in early days NAC released a statement saying they were happy to announce HitBtc would be first Exchange listing AML Bitcoin which was not refuted by HitBtc.
I know some where expecting a top Exchange as promised by NAC and with the reported 60 million tokens distributed 2 million for Aten Coin swap they have 58 million tokens sold for between $1-$1.50. One would think a listing on a major exchange would be a must for a project with such lofty goals,Idax Exchange should provide a way out for some only if NAC dont fill the order books with there supply of tokens which would keep ABTC price low, Idax is a small new exchange with low volume and will be interesting to see how this plays out. One would think with NAC position on AML/KYC been there main selling point an exchange compliant with AML/KYC would have be used but thats not the case here instead using an exchange based out of Mongolia.
IDAX is a cryptocurrency exchange based in Mongolia that seems to target mainly Chinese investors. It has pretty solid digital asset portfolio, but does not work with fiat. Furthermore, IDAX` trading platform is relatively nice and the transaction fees are not high, however we dont know whether and how it charges deposits and withdrawals.
According to the information on its website, IDAX platform was developed by the Global Blockchain Research Center (GBC). Its transaction center is located in the GBC High-Tech Industrial Park in downtown Ulaanbaatar, Mongolia.
While there are no specific regulations in Mongolia regarding digital assets and crypto-exchanges, the activities related to them are not banned like in China. So, IDAX operates in the grey area, which is the case with more cryptocurrency exchanges worldwide. This, of course, involves certain risks. If you`d rather trade in Bitcoin and other major cryptocurrencies with a regulated entity, we remind you that forex brokers are also an option. Moreover, some of them are duly licensed.
The above is a review Of Idax Exchange, As always my post is my opinion and not intended to start a slagging match with anyone but to provide information and credible evidence, People are free to make there own minds up and post credible information to the contrary, Using person attacks and name calling Just shows a lack of intelligence and Integrity.