Post
Topic
Board Service Announcements (Altcoins)
Re: [ANN][ICO] WCX – Digital currency exchange built by ex Apple engineers
by
eance
on 27/05/2018, 04:11:03 UTC
Quick question. The cryptodollar (USDC) is a digital token issued by WCX that simulates the value of the US Dollar... Do you have any proof to back up your USDC token??.. which bank do you have the USD reserves to back up your claim?

Hi eance - the USDC is not backed by US dollars in a bank account. That is not how it works. It is backed by a peg on the BTC/USDC market. Similar to how countries peg the value of their currency to a global reserve currency, we peg the value of the USDC.

More information is available here: https://wcex.com/usdc.

FAKE INTERVIEW, FAKE OPERATIONS OF THE EXCHANGE, TOTALLY SCAM.

djcris3: If you care to elaborate, happy to hear your thoughts on why you think everything is fake.
Our token sale page is here: https://wcex.com/sale.
Our spot exchange is live and active here: https://wcex.com/exchange.

-Arno
Allow me to disagree, all USD backed tokens needs huge fiat reserve to mimic USD. Good luck, I won’t participate in WCX project, too many red flags.