Post
Topic
Board Altcoin Discussion
Re: NEX - NEO based token for decentralized exchange :o
by
Perunex
on 04/10/2018, 13:55:38 UTC
When token trading? I cant find NEX token on coinmarketcap...  Huh Or this will be trading on their own exchange? And when they going to launch exchange?

i guess nex tokens trading will start with nex decentralized exchange as own exchange. i think there is no limitations for trading or listing on another exchange but as binance token, this should be start on own platform.

I can only see switcheo in between. Maybe. Otherwise, you are right.

BTW: For how much approximately is NEX selling on OTC?

Currently 1k NEX are traded for 75-80 NEO, but as OTC is risky it doesn't say anything, in my opinion it will start much higher when it's officially listed.

Well, this is quite a good price imo. The ICO price was around 1.200 if you count the difference in currency exchange. An average investor paid around 1.200 USD for 1000 NEX coins...

Is there any trusted escrow that does the OTC deals? Anybody bought anything there?

In most cases one of the admins from the group acts as escrow, I didn't use it because there are so many scams and price manipulations. I would wait until FTW token (For The Win) launches his service, it should be ready mid October as far as I know, then you can buy NEP5 Token OTC via their platform on a smart contract.

I definetly wouldn't trust no "admin escrow" with my money... I advise everybody else not to.

How will the FTW insure security? We will be able to trust it? If so, this could be quite a solution, before NEX hits exchanges (and that seems to be few months away).