Quote from: pinoycash on April 14, 2019, 07:09:44 PM

Quote from: ganeshramk on April 14, 2019, 04:20:42 PM

Quote from: magisterr on April 12, 2019, 04:42:15 AM

How much volume on your own exchange you have? Are you going to launch some IEO on your exchange like this making most of exchanges nowdays?

This is really confusing to me. Is the exchange already up and running? Am I missing anything? Please clarify.

Not yet, its just a trading competition https://www.bcnex.net/exchange.html?trade=USDT_BTC&lang=ph

Quote from: Zurcermozz on April 14, 2019, 11:43:59 AM

Yeah, i think that is the reason why kyc is needed, some of information being used is fake and some of them uses it in illegal activies.

Having a KYC requirements will limit the initial growth of this exchange, so a non-kyc account should be available with lower limit.

This is actually logical, the exchange could have a lesser withdrawal limit for accounts without kyc and increase the limit when kyc is completed. They Could also limit voting to kyc approved accounts. I believe this will give everyone an opportunity to use the exchange and due to the fact that they need to be more involved, they would willingly complete the kyc to get the benefits accrued.