At the end of January a new exchange platform will be launched, the name is upcoin.com
What does this new platform promise?
- ANTIDDOS Protection
Although we are in 2018 ANTI DDOS protection is not a thing to brag, the equipments have evolved a lot, and this protection has become a basic thing...so I'm not impressed by this feature, even though the they can resist at 1000 Gbit/sec
- GLOBAL PRESENCE
They say that they have servers located in 4 global regions to ensure fast server response. Ok, this is a good thing, but it is necessary for a promising platform like this. I personally worked with much smaller platforms and already had this infrastructure, again, it does not amaze me
- EXCHANGE TESTED BY HACKERS
They mention that they have independent auditors and they are constantly test the system. In my opinion, this is nice and increases confidence.
- WE PROTECT OUR EMPLOYEES
Coins and ICOs for trading
Then they say they will list "More than 1000 currencies" and this currencies will be available from the start. And a nice feature is this: "you will be able to buy or sell tokens of the most profitable ICOs" nice, right?
365 days/year, 24 hours/day - a non-stop activity and this is good news and if you can still contact a technical staff then even good news
- Registered business - some legal advice, it's nice to hear this from time to time
- Global presence - server located in Asia(East and West I think), USA, Europe
- Verification - AML policy requires to use KYC (know your computer) policy
- Privacy - cannot be release to any state authorities (I'm thinking of an FBI check, will the pass the datas or not? Hmmm...)
- Bonuses to first users - i'll explain lower
- Active bounty program - they say that it's an bounty program and the amount is about 5 000 000 $ and it's about to launch
- High operating speed - they say that the servers can handle up to 5M transactions per second and up to 500 000 customer requests, I hope this is true and it will not happen like Bittrex exchange, where the loading speed has started to be a problem
- Traders from all around the globe - Uhm..don't know what to say, at this moment the have like 135 000 traders and the platform is not launched yet, hope that they will get more than 2 million soon
- Stable and comfortable performance on different devices - if they manage to make secure mobile applications, they will have a big plus
- Clear & understandable graphs - I have never seen a trader who does not understand the graphs (exceptions are new ones)
If you will register and pass through a small questionnaire + some joins on their social media accounts (facebook, twitter and telegram) they will reward you with 500$. The 500$ amount will be used for your trading fees, and the tax will be from 0.1% to 0.2%.
They do have a referral system and the program rules are:
- First 200 users who bring at least 50 active users via their referral link will get 50% of all fees generated by such users.
- Next 200 users who bring at least 30 active users via their referral link will get 30% of all fees generated by such users..
- Next 1000 users who bring at least 10 active users via their referral link will get 20% of all fees generated by such users..
If you want, you can register using my referral link: upcoin.com/?ID=7d86d893 it does not cost you even a penny xD
What I don't like:
- Even though they started this platform in 2017..the social media are kind of empty. On twitter I saw only 1 post and the same on facebook 1 post. Not nice