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Showing 5 of 5 results by sadtrader89
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Board Altcoin Discussion
Re: NEM - copycat scam?
by
sadtrader89
on 12/06/2018, 18:55:05 UTC
I think NEM had many progressive intiatives, but it nevertheless lacks security, hence hacks and other problems
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] ZEUS EXCHANGE: HOW TO CONNECT FINANCIAL AND CRYPTO MARKETS?
by
sadtrader89
on 11/06/2018, 20:16:38 UTC
btw how do i open an account on your platform?

Depending on your country of residence (if we operate in your country, that is); and when we launch, you would be able to register, provide documents for the compliance, and then receive your account details. You can check a description of the process in our White Paper too. http://files.zeus.exchange/20180525-zeus-exchange-white-paper-v1-eng.pdf

Here's short version: 

Open account and deposit assets
1.   A client opens an account at Zeus Exchange and goes through ‘know-your-client’ (KYC) procedures. A client also supplies his bank account details for settlements in money, bank and broker details for settlements in money and shares, and e-wallet details for settlements in cryptocurrency.
2.   Once KYC is completed, Zeus Exchange signs a broker agreement with the client, and assigns a unique client ID. Zeus Exchange also provides its bank account details, broker details and e-wallet instructions.
3.   A client wires the assets (currency, cryptocurrency, shares) into the Zeus Exchange accounts under the broker agreement, and Zeus Exchange conducts the anti-money-laundering (AML) checks to verify the source of the funds involved in transaction. 
4.   Once AML checks are completed, and the money transfer is complete, a client receives his trading limits in broker account system.
5.   Finally, Zeus Exchange sends details to the client to enable him to access the trading terminal using a unique ID.

Is it possible to somehow bypass KYC&AML stages?
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] ZEUS EXCHANGE: HOW TO CONNECT FINANCIAL AND CRYPTO MARKETS?
by
sadtrader89
on 07/06/2018, 13:35:10 UTC
Quote
All our actions are fully compliant with applicable legal and regulatory requirements in each of the jurisdictions of our operations
What are the countries where Zeus Exchange will operate?
It seems like a reasonable market strategy. Will you have a kind of a road show in the countries where you launch first or no?

So for example in the countries where the government bans crypto it will work just like traditional exchange ?

We consider Malta, Gibraltar, Estonia and Singapore, as well as Switzerland, Luxembourg and Lichtenstein as the most favorable jurisdictions to launch our initial operations and would seek to subject ourselves to regulators in one or a number of those jurisdictions depending on the operational model we chose.

We fall under a set of financial licenses and crypto lisenses (or similar ways to operate with crypto). It means, that generally we have to have a license to offer a service, so if the country bans crypto, we would still have to register there, and that decision would depend on the market zise a lot.
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] ZEUS EXCHANGE: HOW TO CONNECT FINANCIAL AND CRYPTO MARKETS?
by
sadtrader89
on 05/06/2018, 19:02:17 UTC
Quote
All our actions are fully compliant with applicable legal and regulatory requirements in each of the jurisdictions of our operations
What are the countries where Zeus Exchange will operate?


So for example in the countries where the government bans crypto it will work just like traditional exchange ?
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] ZEUS EXCHANGE: HOW TO CONNECT FINANCIAL AND CRYPTO MARKETS?
by
sadtrader89
on 04/06/2018, 12:54:45 UTC
Quote
All our actions are fully compliant with applicable legal and regulatory requirements in each of the jurisdictions of our operations
What are the countries where Zeus Exchange will operate?