Post
Topic
Board Service Announcements (Altcoins)
Re: [ANN] alcurEX Cryptocurrency Exchange
by
sakkosekk
on 19/03/2014, 11:09:10 UTC
+1

Question:
Is alcurex only in english?

In my opinion we need: english,france, german,spain, maybe chinese and russian.
As a newbie a site in my mother language would be much more attractive to me.


Very good point, especially Chinese. Imagine Alcurex as the most popular western-exchange in China. That is a nice tag.

AlcurEX will offer leverage trades and this is a big feature which stands out from the rest.
But leverage is not a feature for the average Joe, it is a financial instrument which higher the risk.
It is a tool for speculators and because of this we should have coins which are mostly traded by them.

AlcurEX is not here to change the cryptoworld. Coins like AUR will rise and fall and as a good exchange you should give your user a possibility to profit from this.

I neither like this idea of heaving only 5 trading pairs nor having 50+
There should be a balance to keep this exchange something valuable.

Heaving the biggest coins by volume is a good way to start.
Another thing should be a fast behavior when it comes to new and promising coins which are not listed on bigger exchanges.
Very important is to remove dead markets of the exchange to keep the amount of all trading pairs at a low level.

This is what made coinmarket what it was before the fail. Same with mintpal, so I assume this will happen. (anything else would be silly) It is the best way to attract new users besides advertising/promotion etc.

Introducing leverage and getting USD payment is changing the cryptoworld, so I obviously disagree with you on that one. Wink

Five trading pairs is way too little, there will be no volume. Starting with 50 is too close to cryptorush. We have to decide between this; (the numbers are just to clarify and make it relative)

  • A: Few coins(1-10) listed from launch and adding the new and popular ones as time/trades goes by
  • B: Some coins(11-20) listed from launch and adding/removing as time/trades goes by
  • C: Many coins(31-100) listed from launch and remove the minor ones as time/trades goes

Alcurex will of course do all of this continuously, this is strictly regarding the launch. A proven success formula is option A or B.


Another option regarding coins; Alcurex could list more established coins in one section (LTC, PPC, XPC, VTC & others) and less established coins(PIGGY, FLAPPY, AUR +++) in another section. This is just visual, a way for us and traders to easily see what is new(and therefore risky) and not. This way we can distinguish between real coins and potential shitcoins/pump and dump coins. Once a coin has proven it is more than a pump(good community, Dev, innovation, progress etc) they can be bumped up to the established section. This way Alcurex can allow bad coins to be traded and still be a serious player. (no smearing of the Alcurex brand even if a Dev dumps a premine). Make it clear for traders there is a certain risk associated with trading in the new section.  What do people think of this?