is a new bitcoin and altcoin exchange that will trade popular digital currencies, including several Waves assets.
We are based in Russia and the exchange launches as the regulatory situation in the country shifts. The authorities have determined not to take a harsh stance on bitcoin and cryptocurrency, but to understand the technology better and adopt a ‘wait and see’ stance. There is thus an opportunity both to open a new exchange and to show the way for regulators and other organisations by pioneering best practices.
Tidex is run by an independent group of experienced developers and cryptocurrency entrepreneurs across Russia and the Ukraine. We are working closely with the Waves development team to offer the advantages of both traditional and decentralised exchanges in the same portal, and are exploring the idea of integrating fully with Waves’ DEX in the future.
We are committed to providing a secure, reliable and cost-effective trading experience. Tidex will offer competitive fees and incentives for high-volume traders. As cryptocurrency moves into the mainstream, exchanges will be held to a higher standard by the regulatory authorities and the community. We are aware of the reputation of some altcoin exchanges and recent reports of their administrators buying up coins on smaller exchanges before they are listed, in order to manipulate prices and volumes for their own profit. Tidex will list only those cryptocurrencies and tokens that can demonstrate their legitimacy and have meaningful demand.
Tidex is still in beta. We are offering bounties for replicable bugs discovered. To find out more, please contact us on the Waves Slack. Or/and check this info.
BTC markets: , , , , , , , , ,
WAVES markets: , , , , , ,
WARNING: Before making any deposits to Tidex — You MUST check your Deposit Address and ALSO use the deposit MEMO if one is added to that currency.
At the moment there is no possibility to deposit (e.g. Waves) directly between exchanges, but if you want to do this, please use the Waves Lite wallet as an intermediate tool.
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In due course we intend to add various fiat options and more info. Stay tuned!
If I had a wish this is it:
As Doge is to micro coin trading. Uno becomes the high value ALT pair of choice.
UNO @ $2 is well established to trade for PPC, NOVA, Komodo, ETC, 23 Skidoo, 42, DCR, XBC, sdc, clam, bucks, bitbar, cloak, nubits, usdt, name, game, ruby, wbb, black. And others with +$0.01 in coin value.
The reason is simple math. Peer coins were trading for 0.20 UNOs. Nubits 0.56 UNOs. Nickles, Dimes, Pennies. Easy to work with numbers. 1 XMR cost 3.50 UNOS. [You can get your head around that]
Doge deals the same 0.01 Doge for BAT, 1.99 Doge for DOT, 1.01 Doge for Digibyte. Easy math again. Different scale of value.
This is a bad-bad new.
Cryptopia was a Five Stars Exchange.
You know, like it is with Hotels.
Such great Zoo of markets - making Cryptopia one of the most attractive exchange in the World.
If part of this markets did not participate in trading the same often as BTC/LTC, how did its spending resources?
How many resources spending this site: ? What do you think?
Shall it be closed if there is nobody comes for it?
For example, I want to arbitrage 1 Billion TIPS.
It is listed on bleutrade, c-cex & cryptopia. My actions?
I will calculate number of markets for TIPS, not just pulling by 333 Millions to each exchange, no-no...
I will calculate a power of TIPS for each exchanges.
For bleutrade - it will be 2.
For c-cex - 4.
For cryptopia - it is float, between 2,3,4-6,7...
My thoughts exactly. Trim the coins that have no or little trade on UNO.
I am willing to play large order bids at not the daily spot, but on the longer cycle trends. Many other traders picked up on this concept. So UNO can actually, make the market for $1-$10M cap coins. With null inflation, UNO pair is a fundamental indicator for any of the Top100 level coins it trades against.
There are also a few microcoins that have had tight daily markets with UNO. DogeLite collection.
I favor the #5. Good or better Great balance. As Doge is to Litecoin. Uno is to Bitcoin. With USDT balancing the middle. Now you visually can see it here, retain that Genius!
I don't think each base pair needs to have 300 markets, but there are probably 25 - 50 that could be retained. Different Uno markets I have traded heavily at times. I have been working with others plans (pm sent) to significantly improve the liquidity in the Uno markets here.
Please consider pruning the Uno markets back to a more manageable number, perhaps keeping those that have been best traded over the past 6 months. There is a very unique opportunity here that would be a shame to waste (again, read my pm).
You complain that we're fucking you in the ass, but then get defensive and say just happy thoughts man! Whatever dude.If this were an emotional decision then we'd be keeping the DOT basemarket, but it's not an emotional decision it's a rational one. Would you prefer we merely threaten you with removal of markets and hold you ransom for arbitrarily defined and constantly shifting goal posts of volume like another exchange might?
They're not being used, so they are being closed. The end.
I have to agree with the rationale of Cryptopia on the decision to close these base markets. I am sad to see them go, however, I think effort can be used elsewhere to better Cryptopia. I am very pleased to see the new USDT market and gladly welcome it. I believe this new base market will add a dimension to Cryptopia of fiat, without actually having fiat which is the spirit of this wonderful place. It will add greatly to the marketplace in terms of pricing.
Keep up the excellent work Saddam and Hex!!!
Waya aka John
Hey, i was talking about happy thought, not really what i get back from you hex. U can say it is unused, but that does not go for me, look at the history of efl dot (where i just deleted all orders) or have a look at efl ltc, that is what i like to do and spend time on. I wake up every day and look at those markets and it makes me happy, you shouldn't just kill my effort because it isnt showing a profit for you, it actually is although it is not a lot, but building this new cryptonomy takes time and dedication. I am not saying you should keep all the markets, i am not complaining in any way, i just regret your descision and try to come up with ideas to keep those markets open, because for me the different alt coin markets where the usp for cryptopia and the reason to spend time on this site, invest in moving avatars or new markets etc. When i got here the first time your total btc trade volume was less then 3 on a daily basis, you didnt delist all the coins then, get my point?
I do not mind creating trade history by putting some trades in between the spread, also for future references i can see it holding some value. By the way, paying close attention to some of the btc markets i believe this so called futile action is being made not just by me, but as an exchange owner is that really a thing you should regret? I am curious if more people will comment here about it, you just state that the majority of people don't care, that might be true for shareholders that made a descicion, but as a start not for me.
I dont know if you enjoy assfucking as much as me, but i just start to learn to enjoy them when I started getting involved with btc. The reason for me speaking out now is because i was in the understanding that i payed for a service of exchanging several coins against xmr (and others). If, within 1 years of this payment, the rules now change I ask for the possibility to maybe change the contract a bit, because for me this service was the one, only and specific reason to pay DOT for listing. I understand stuff costs money and if your offer to list those coins would have mentioned a minimum trade volume of X amount of coins per day is required it would have been something i could have taken into account when i made the descision and arrange stuff that guarantees the coin to meet your conditions. English is not my native language, but this descision just comes like thunder at a clear sky for me and with this post i hope to change something in the proces of building this great new platform of yours.
As far as I am concerned they have been available for 2 years for people to use, no one really has, so its time to dedicate the time and resources to features people will use.
There maybe more base markets in the future, but the current ones are clearly not what the majority of the Cryptopia user base desires
I knew it wouldn't be long before we saw a typical response like this. A feature we add goes basically unused, but then when we go to remove it someone freaks out and acts as if the reasons for the decision are completely unfathomable. Go look at each of the closing basemarkets right now and tell me how we're supposed to justify keeping them open. No really, go look at them right now and see how many of them are actually just sitting there with 0 volume. It was easy to justify keeping them around when we had less coins listed... because we had less coins listed. Now they're a performance hit that aren't even earning their keep. If the extra markets are such a sought after feature then why haven't they been being used? Why does it take the threat of them being removed for you to ask if they need to be used in order for them to stay? Are you just going to shuffle coins around in a futile attempt to keep them open? The market has already shown they're not desired, so we'd rather direct our resources at the ones that are being used.You wanna talk about being fucked in the ass, that's how I feel reading shit like this.
I create this thread to see if more people are dissapointed about the descision to delist the majority of base markets on cryptopia. Would it be possible to set a minimum daily trade amount to keep the markets open? That way you know that the markets that are open generate a certain revenue. Together with a friend i was working on the idea of creating an arbitrage speculation fund, just for cryptopia, only possible here because of those extra base markets. I believe such markets are highly needed to improve the crypto ecospace, bleutrade used to have any to any trading which was probably a bit too much for the servers, because they aswell had to stop doing it. I DO NOT want to trade usdt, i do not live without a bank account for 3 years to be confronted with that earth destroying paper on cryptopia. When is this illness going away, i thought we where moving forward??
Just kidding, i love trading on cryptopia and i can see great improvements over time. I can also imagine the challenges, adding base markets to your site is probably a huge extra load for the servers, but the reason for me to pay for votes (before paytopia) was those extra base markets. I payed for the listing of 3 coins in the last 6 months (1 in full and 2 partially and then some tip for other coins that i do not count) and have more DOT in case i want to list another, the reason being ltc xmr uno doge ftc trading, nothing more nothing less, so when descisions like this come fall out of the sky I can only be happy i like a good assfucking once i a while. I hope cryptopia will re-think their descision based on my suggestion above, we are still in the early stages of this new era, so just that because the volume isnt sufficient for you to stay out of cost doesnt mean there isnt the will to pay for those costs or those conditions can be met in the future. As requested i will be cancelling all my orders, but i hope cryptopia will stay to their roots to see how much we all together can make it grow in a year.
Good day, happy thoughts
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