The European Cryptocurrency Exchange ("EUCX") is a cryptocurrency exchange and fiat on-ramp with a global focus, based in the Netherlands, filling the gap in curated exchanges aimed at the sophisticated and professional trader.
The European Cryptocurrency Exchange (EUCX) is a curated cryptocurrency exchange and fiat on-ramp that fills the gap in secure and regulated exchanges for the sophisticated trader and boutique firms.
EUCX is focused on the sophisticated and thus more demanding trader. Traders within this market segment have a higher risk than retail traders when participating in the cryptocurrency markets. With that higher risk comes a higher demand concerning reliability in the broadest sense of the term.
When examining the global landscape and direction that cryptocurrencies are taking currently, one sees that, more often than not, cryptocurrencies are used as a substitution for public shares of a company (a.k.a. security token) or, as a utility token where these types of token are used for a specific purpose next to their speculative nature.
While cryptocurrencies still can, and always will, function as a method of payment (or rather, barter goods), a major shift to the aforementioned secondary purposes has been seen in the last two years.
This opens up new possibilities, objectives and responsibilities for cryptocurrency exchanges in regards to “tokenized stocks”. Cryptocurrency exchanges will, in the nearby future, function more as classical stock exchanges, with the big difference being that the underlying blockchains will keep a decentralized ledger of who owns what portion of a public stock/company.
EUCX attempts to be the catalyst to bring this paradigm shift by simply doing what others have refused to do: talk with governments and regulators.
In February 2019, the founders of EUCX spoke to members of the Dutch Parliament and in March 2019, they met with the AFM (Dutch regulator) and the DNB (Dutch central bank) in order to properly prepare for the upcoming regulatory framework (AML5) that will apply to cryptocurrency brokers.
EUCX believes that by simply meeting governments and ‘crypto purists’ in the middle and compromising on both sides, that both blockchain and cryptocurrencies will be more easily accepted by governments and institutional money as a legitimate technology and financial product respectively. In that respect, EUCX will not be listing so-called “privacy coins”.
All this effort is undertaken in order to provide a curated and reliable platform for the sophisticated trader. A platform where the trader does not have to think twice about the legality of the tradable assets or whether or not the platform will disappear overnight without a trace.
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Ph.D. | CEO | FinTech in Stocks | Blockchain in Cryptos | Author of Amazon Best Sellers in Online Trading Rated on Jan 22, 2019 Modified on Jan 23, 2019
3
3
3
23%
1. https://t.me/eucx_community Telegram has 92 followers
2. https://www.facebook.com/eucxio Facebook has 2 fans
3. https://twitter.com/eucxio Twitter has 47 followers
Users engagement needs to gain traction.
Willing to revise rating if team responds.
All the best!
~~~~~~~~~~
Eric H. den Boer
ICO team member replied on 23 Jan 2019
Hello,
Thank you for your rating which we have never asked for.
Let me allow me to respond to your points.
1. That is correct. We are new. We refuse to buy followers, unlike some, because we believe that is deceiving our real followers and the general public.
2. Correct. As I am sure you are able to read the sticky post on Facebook, we do not use Facebook at all. The fact we have 2 fans there is a miracle.
3. See No. 1.
We did notice, however, that you are an advisor on not one, but two(!), COMPETING projects here on ICObench. Is this how you help them as an advisor, by spreading FUD about the competition? They must be really happy with you as an advisor. How much do you stand to lose should we outgrow them?
There is a clear conflict of interest going on here. But I digress.
We also noticed that you gave our Team and Product a rating of 3. Now, we understand that you might not agree with our Vision, as that is not something tangible, but our Team and Product? Come on now.
Every day we show the world that we are legit. We are open and transparent on who we are, what we are doing and where we are going. We have registered with the proper authorities of both the EU and US as a financial institution. Should we do anything naughty, we're going to jail in either continents.
All the best!
~~~~~~~~~~
Dear Eric
Thank you for your response.
In essence, your project has 67 days left to the ICO. Unfortunately, the traction has not picked up pace yet. This is the most critical factor in assessing projects.
Direct Marketing Manager,ICO produce Rated on May 10, 2019
5
5
5
16%
There are a lot of exchange projects.
To be successful, they need a minimum of preparation and experience. They have enough of them. And the quality is high.
I am paying attention to this project.
Blockchain and Crypto-Currency insider - ICO advisor. Rated on May 10, 2019
5
5
5
10%
I know the team personally very well, and have seen their commitment and professionalism firsthand.
Not only is EUCX professionalising the cryptocurrency exchange market, they are setting the standard for the industry. A truly certified and regulated exchange, only for reliable and users that passed all scrutiny test (all AML, KYC, CTF are 2.0), with verified volumes, is what we are all waiting for.
What most impresses me is the open, transparent approach in the community, including with all stakeholders like regulators alike.
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