does the exchange support a price below 1sat??
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This is a really important question.
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Some of us have tried to contact exchanges in order to negotiate, explain the special community nature of the project and ask for listing fees at a discount , on behalf of the bitcoinz community.
This is not possible to be achieved with forum discussions, first of all because many represantatives simply won’t join hundreds of different forums in order to answer to each member’s questions for each project.
This would require an army of representatives and would additionally decrease the chance for any possible discounts, for many different reasons. A basic one is that in public a businessman rarely will give any discount at all (as other projects would notice it and sooner or later everyone would ask for the same discounted price).
In any case IMHO we should all be more kind and show a level of respect to people who dedicate energy and free time in order to expand the project, either by building new bridges and closing deals or by working to increase BITCOINZ’s exposure.
Bitcoinz would have disappeared without this kind of members.
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The Answer is here:
Gabi Indrie, [10.05.21 11:11]
Ok Allesia, thank you for your Info, So Folgory support! or not support price bellow 1 Satosi?
Alessia Folgory, [10.05.21 11:12]
Our prices are in USDT
Gabi Indrie, [10.05.21 11:12]
Yes i Know, but on Exchange
Gabi Indrie, [10.05.21 11:12]
a coin if has a price bellow 1 Satosi can be traded?
Alessia Folgory, [10.05.21 11:13]
yes of course
Gabi Indrie, [10.05.21 11:14]
ok
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Hy Communty, please Find Attach New List Off pricing in Folgory starting with- 15 May
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THX. May we not come back below 1sat. I noticed one more aspect - prices on the stock exchange go 1 sat and at the moment it would be useful every 0.1 sat. therefore, the trading volume with the btc pair may be initially lower.you don’t know if they can turn on 0.1sat? for us ? and do we want to jump every 0.1 sat?
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is this true? because we don’t what to be associated with a scam
What this is true?, if we have a proposer, yes we have a proposer!, if you post a comment i supose you see it!???
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i don’t understand. what do you mean???
Who is a scam?..
i was replying to fellboy’s comment
Ok, Sorry, mea culpa!
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googling folgory reviews this is the first result https://au.trustpilot.com/review/folgory.com
wile over all the star rating is good the are quite a few people calling them scammers
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Yes, i Know, Aboout all exchange people have different opinion!
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no i mean saying that they stole money
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Yes, sayiing, when we say somtheing- maybe it will help if we have some proff!
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I vote “No” based on the same reasoning I have posted at the other exchange proposal running parallel at the forum now (Listing BitcoinZ on Coinsbit).
I only have to add that this folgory exchange despite the huge volume it reports, it has only 5926 weekly visits based on the CMC metrics (currently at 90 place with 4.1/10 exchange score) https://coinmarketcap.com/rankings/exchanges/. If this is not a fake volume I really dont know what it is.
And if we are after only for the volume, I am pretty sure we could find a way cheaper solution than this one.
Also this “huge” exchange has 2 Google apps, one of which has 100+ and the other 1000+ downloads!
Just for comparison reasons I mention also here that:
- STEX app has 100000+ downloads
- Crex24 app has 50000+
- Graviex app has 10000+
I am pretty sure much more red flags will be revealed while digging up the internet, some of which have already been mentioned from some of our members.
So, I believe that this listing would be a very bad investment decision, which could also bring us in great risk without any obvious benefit or reason!
ps. They also need KYC, that someone can actually find it only after he has already deposited without any previous notification about KYC.
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I have no idea if folgory is a decent exchange, I hope it is because we almost definitely are approving the listing there. People asking for proof while ignoring multiple comments alledging fake volume and shady behavior from the exchange seem to be burying their head in the sand and ignoring a bunch of warning signs. Coinbase and kraken don’t get these kind of allegations. I wouldn’t buy a used car at a lot that had reviews like these, I certainly won’t put a bunch of my money at an exchange like this. Hope it works out, nothing but the best to all here
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Agreed. Why focus on CEX listings?
I won’t chat fight with you again.
Seems so you gonna vote NO to Binance listing too.
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