So there's a new exchange coming...It's called WCX

in cryptocurrency •  7 years ago 

Looks like you can get a share of the profits from trading fees - which is an interesting business model.

I won't spam y'all with my link - am certain that would get a downvote - so, instead, will just point you in the direction of http://wcex.co.

wcx.png

Their timeline and roadmap? Well, to be honest, they don't look too aggressive - that's something that has gotten a few ICOs in trouble in the past.

Here's a screenshot from the website.

WCX screener 2.png

I'll do a more in-depth analysis in the days to come on the Metacoin site, but, rest assured, there will be yet another player in town.

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Seems like it could be a scam.

The referral element - get tokens for inviting others to get tokens - is very much MLM. So, from that standpoint, I'm right there with ya.

However, I would imagine that these exchanges will keep growing - just as long as there is actual crypto trading going on. Which could be forever, or it could be just until someone pulls the plug.

I mean that literally - someone will have to literally pull a literal plug to literally shut down the internet.

Exchanges might be profitable business models if done right, or they could be really crappy - and there are many people who swear at Poloniex.