Post
Topic
Board Announcements (Altcoins)
Re: [announce] Namecoin - a distributed naming system based on Bitcoin
by
ToxicDartFrog
on 06/11/2021, 16:13:34 UTC
Any of you guys have much experience with CoinEx? They are by far the biggest market for NMC. So I made a deposit, did the trade, requested a withdrawal and then... sat and waited. And waited some more. After 5 hours I contacted support. They said I needed to re-do my email verification, so I did it, and sure enough the withdrawal went through.

That was encouraging enough to do a second deposit and now the NMC wallet is "down for maintenance."

Was I their only real NMC customer and its all fake volume or whats going on over there?
I did something similar to test them. They seem alright. Now I keep a good chunk of my NMC there for trading the swings and accumulating more. I also use their charts for most of my analysis for trading other coins. That said, the majority of my trading is done on Coinbase because you never know when these offshore exchanges could suddenly vanish.

Also, I don't think the low volume is an issue with Coinex and that it's more of an issue with NMC having an extremely low market cap. If we really want more volume we need to figure out how to get NMC on some bigger more well-known exchanges. I'm really surprised Coinbase doesn't have it because they have a ton of other coins and NMC is like the original altcoin.