Whats the plan regarding the high volatility of the different cryptos? This can be troublesome for the retailers as well.
To protect the retailers, there will be some hedging and other financial services that will be used to protect them. And customers will get the current rate at the very moment.
Whats the plan regarding the high volatility of the different cryptos? This can be troublesome for the retailers as well.
To protect the retailers, there will be some hedging and other financial services that will be used to protect them. And customers will get the current rate at the very moment.
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Re: [ANN][ICO] ⚡ ZEEX ⚡ ⚡ CRYPTO TO PRODUCT ⚡ NO FIAT, NO FEES ⚡
by
joga_bonito
on 03/11/2018, 07:13:22 UTC
Did the bounty token distribution already start or do we still have to wait?
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Topic
Re: [ANN][ICO] ⚡ ZEEX ⚡ ⚡ CRYPTO TO PRODUCT ⚡ NO FIAT, NO FEES ⚡
What will be total supply of Zeex tokens? Do we already know this numbers?
I think we have no info on the total supply or how many tokens will be for sale.Team still needs to decide.
TGE will happen after end of sale,so total number of tokens will depend on that.Their hard cap is 23 million,so by that you can try figure out total amount of tokens available for sale.
Whats the price of 1 ZEEX,is it pegged to ETH or it has fixed USD price?
As far as I remember, for the token sale, the price was pegged to ETH and it did not matter how ETH moved relative to the USD. Not sure what's the plan for later days, though
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Re: [ANN][ICO] ⚡ ZEEX ⚡ ⚡ CRYPTO TO PRODUCT ⚡ NO FIAT, NO FEES ⚡
by
joga_bonito
on 16/10/2018, 20:01:40 UTC
One security related question: how are the gift cards secured?
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Re: [ANN][ICO] ⚡ ZEEX ⚡ ⚡ CRYPTO TO PRODUCT ⚡ NO FIAT, NO FEES ⚡
what about verification? would it be possible to trade and withdraw funds without any verification?
I do not think that will be possible.
Please note that it is NOT possible to trade and withdraw funds without any verification. You may not withdraw from the exchange until you verify your identity.
That is a very good sign for people without verification they want to withdraw funds. I hope even bounty people should also have to verify their account of withdrawing the coins?
KYC for bounty does not make sense at all.
Why not? I thought that's a standard requirement.
This is a standard procedure for investors, I don't think is needed for bounty.
Oh, thanks for clarification. I thought that's the standard procedure for everyone, including both investors and bounty guys.
what about verification? would it be possible to trade and withdraw funds without any verification?
I do not think that will be possible.
Please note that it is NOT possible to trade and withdraw funds without any verification. You may not withdraw from the exchange until you verify your identity.
That is a very good sign for people without verification they want to withdraw funds. I hope even bounty people should also have to verify their account of withdrawing the coins?
KuBitX LIVE TELEGRAM AMA KuBitX organized a live Telegram Ask Me Anything (AMA) on the 24th of August 2018.
During the AMA session which lasted for 1 hour from 15:00 GMT to 16:00 GMT, the team received a lot of questions from the community and responses were given to the questions from KuBitX team members.
For the benefit of those who were not present during the AMA, you have an opportunity to go through the Q and A below.
We have compiled the questions from community members and responses given by the team exactly the way it happened on telegram without editing the conversation, there were some missed questions which we have also captured in below compilation in blue and have given the answers as well.
Question regarding the support. Support will be available 24/7, right? On which channels? Chat only or will it also be possible to make a call because sometimes it is easier to explain verbally than to write long messages?
24/7 support is provided through our Telegram Community. You can always join us through this link: https://t.me/kubitx_official Should you wish to get in contact via phone, please join first through the provided link then we'll go on from there. Thanks!
Thank you for reply. Telegram is indeed omnipresent in the crypto world.
Due to its advantages Telegram is accepted as the main platform used by teams to communicate with large groups of users.
What make Telegram so widespread in the crypto world? Is it privacy and security?
You can check the below link which will provide the advantages of using the Telegram App:
Question regarding the support. Support will be available 24/7, right? On which channels? Chat only or will it also be possible to make a call because sometimes it is easier to explain verbally than to write long messages?
24/7 support is provided through our Telegram Community. You can always join us through this link: https://t.me/kubitx_official Should you wish to get in contact via phone, please join first through the provided link then we'll go on from there. Thanks!
Thank you for reply. Telegram is indeed omnipresent in the crypto world.
Due to its advantages Telegram is accepted as the main platform used by teams to communicate with large groups of users.
What make Telegram so widespread in the crypto world? Is it privacy and security?
Will KubitX require us to verify our identity to be able to trade and make withdrawals on the exchange?
Yes, it will be required.
That will be required for everyone, or only if you want to withdraw big amounts?
It has been said necessary to verify identity when making a withdrawal. So no matter how big or small the funds are withdrawn, if it has been said "MUST" then everything must be verified automatically.
So there won't be a way to trade anonymously on KubitX at all? I think you should be a bit more flexible.
Yeah, I wouldn't mind if people who trade with small amounts could remain anonymous.
In my opinion, there is no point in making segregation and differentiation between those who invest small amounts and those people that invest bigger sums: I think it is good that everyone needs to be verified.
What if investors start dumping the tokens after listing on exchanges? Do you have some plan to deal with this (some kind of vesting period for example)?
Please note that 85% of team token has a lock period of 24 months while bonus from seed round has a lock period of 180 days. Pre-Public Round with 20% bonus on vesting period of 6 months.
This 85% of The tokens that you mentioned that are going to be locked for 24 months: how do you plan to unlock them? In a regular intervals (like every month you release about 3,5% of the 85% of the tokens) or do you plan to do something different?