SCExchange opens on sunday

[mremo]

[I don't like starting threads because I don't feel like I have much of importance to say, but this is (somewhat) big news if you haven't heard it already.]

There is a new exchange that is launching on the 31st (sunday)

https://twitter.com/SCXchange/status/946451146805252096

They claim that they will allow dollar to 15 currencies, including BTC, ETH, LTC, XMR, XRP, XRB (see twitter post)

What this means is those currencies are likely to go up (at least a bit).
I for one will probably transfer my XRP from binance to SCE so that I can cash out in dollars, instead of going to ETH first.

 

[mremo]

Also, it seems people on here aren't aware much of REQ. I have a lot of REQ because I think it has good promise, but it's a long term hold for me ( >6mo ).

If you haven't heard of it, this article sums it up:
https://hackernoon.com/my-cryptocur...rk-paypal-of-the-next-generation-bbe1016d1f7a

 

[LostKing]

Man I have to buy them all
Everything is going in green again, good times are rolling again guys

 

[zionbar]

[I don't like starting threads because I don't feel like I have much of importance to say, but this is (somewhat) big news if you haven't heard it already.]

There is a new exchange that is launching on the 31st (sunday)

https://twitter.com/SCXchange/status/946451146805252096

They claim that they will allow dollar to 15 currencies, including BTC, ETH, LTC, XMR, XRP, XRB (see twitter post)

What this means is those currencies are likely to go up (at least a bit).
I for one will probably transfer my XRP from binance to SCE so that I can cash out in dollars, instead of going to ETH first.

Please do post news like this here.
Way more important than "bitcoin is a bubble" kind of threads.
I missed that info, tnx a lot!

 

[LostKing]

Please do post news like this here.
Way more important than "bitcoin is a bubble" kind of threads.
I missed that info, tnx a lot!

Man bitcoin bubble threads should be banned here

 

[mremo]

HUGE WARNING (can a mod update the thread title with a warning as well?)

Ok, so I was doing some research on this exchange and came across some bad information, and anyone thinking about using the exchange should be careful...

it's from this page
https://www.reddit.com/r/CryptoCurr...ing_about_scexchange_launching_december_31st/

from the post:

• The creator of SCExchange is "Shane Cory" (please tell me SC in SCExchange makes this "Shane Cory Exchange").
  
  
• Shane is 19 years old.
  
  
• Shane ran a company that RAN AWAY WITH EVERYONES MONEY. They disappeared off the face of the planet without an explanation and suddenly 4 months later - boom - we have SCExchange.
  • You can see this by checking out Shane's LinkedIn Page (https://www.linkedin.com/in/shane-corry-a463ab76/) There we can see that he was the owner of CreativeNation (Screenshot in case he edits it https://i.imgur.com/2Q3gleH.png)
  • A friend of mine googled "CreativeNation" and found tons of warnings and they ended up stealing all the youtubers money. (Video Review One) (Video Review Two)
  • Sounds like this guy got bored with this CreativeNation then ran with everyones money to start an exchange. Sounds like a recipe for history to repeat itself to me!
• This 19 year old kid is saying he will accept fiat. There is a reason you don't see fiat support on most exchanges. The moment he accepts USD from a US Citizen without a Money Movers license he is going to run into some serious problems. Being from Ireland is not going to protect him if he's putting peoples money at risk. I personally have spent a lot of time with lawyers about these issues while searching for potential business opportunities in this space. End result? DO NOT ACCEPT FIAT.
  
  
• Another red flag? Why would you advertise your new exchange and not even have a landing page up? If you push your product to the world, have things prepared.. this is mind blowing to me. This alone is enough to not use this exchange in my mind. Its the simplest thing int he world... put up a page that says "Coming Soon SCExchange" with a countdown. One hour of work or less.

 

[zionbar]

Ok, so I was doing some research on this exchange and came across some bad information, and anyone thinking about using the exchange should be careful...

it's from this page
https://www.reddit.com/r/CryptoCurr...ing_about_scexchange_launching_december_31st/

from the post:

thanks for the update, wouldn't use them anyway but good to know

 

[bartosimpsonio]

[I don't like starting threads because I don't feel like I have much of importance to say, but this is (somewhat) big news if you haven't heard it already.]

There is a new exchange that is launching on the 31st (sunday)

https://twitter.com/SCXchange/status/946451146805252096

They claim that they will allow dollar to 15 currencies, including BTC, ETH, LTC, XMR, XRP, XRB (see twitter post)

What this means is those currencies are likely to go up (at least a bit).
I for one will probably transfer my XRP from binance to SCE so that I can cash out in dollars, instead of going to ETH first.

Unrelated question: where do you cash out in ETH?

 

[mremo]

Unrelated question: where do you cash out in ETH?

Most of my purchases have been initiated as ETH on GDAX which was then sent to and traded around on Binance. Ethereum is proving to be a good currency to trade from/to.

So far I have not actually cashed out anything from the Binance side back into USD though.

 

[bartosimpsonio]

Most of my purchases have been initiated as ETH on GDAX which was then sent to and traded around on Binance. Ethereum is proving to be a good currency to trade from/to.

So far I have not actually cashed out anything from the Binance side back into USD though.

Thanks. I was wondering if there was a way to cash Ethereum directly.