Quote from: AMG. on October 17, 2019, 09:01:34 PM

Quote from: deloodin on October 17, 2019, 08:50:41 PM

How do you look on the statement of Vitalik Buterin: "All centralized exchanges should burn in hell"?

centralized exchanges are part of the ecosystem and without them it is difficult to imagine the cryptocurrency development process itself, even the most popular decentralized cryptocurrency exchanges are still quite far from the capabilities of centralized markets.

I personally agree that exchangers are very large players that can affect the cryptocurrency rate. But the very fact of their lightning-fast development is very promising for all industry!

Quote from: velvet.exchange on October 18, 2019, 11:48:15 AM

Quote from: Moneymaker1 on October 18, 2019, 11:24:51 AM

In a broad financial space, can Velvet guarantee a high level of security? Many companies find it difficult to maintain this level in a regulated space.

For sure, security is very important in this field. Also our security partners are really high skilled guys!

you need to put product safety in the first place .. this is a very important warehouse. I say from the user side - I first of all assess the level of product security and then use it ... since do not want to lose my means, unfortunately I have experience

In a broad financial space, can Velvet guarantee a high level of security? Many companies find it difficult to maintain this level in a regulated space.

How do you look on the statement of Vitalik Buterin: "All centralized exchanges should burn in hell"?

Quote from: velvet.exchange on October 16, 2019, 09:31:30 AM

Do you know which book we couldn’t tear ourselves away from lately? “The Practical Guide To Putting Glue On Book Covers”. We want to make Velvet not only difficult but impossible to tear yourself away from, so we restricted your Internet to only our site.
(just kidding)
We decided to give you support on every level, and Velvet is proud to present a collection of trading guides for beginners.
Guides are very specific and inclusive articles that make it impossible for you to fail if you follow the detailed instructions. Depending on your requests, we will be releasing new ones after we take in survey data.

If anything, write to us and we’ll be there in a flash to provide more directions (to the nearest bar, joking, see you soon).

WOW, really useful option. Will try

to use your exchange you need to go through kyc?

Why work with a legitimate exchange and why passing KYC isn’t an issue?



There’s nothing more important than complying with the law. If you don’t want any problems, make sure you choose a reputable exchange that focuses on integrity and a good license.

How do legality and KYC relate?

If the exchange is planning to work only with cryptocurrency, it's possible to operate without KYC. For example, the law in Estonia does not explicitly prohibit the operation of exchange without a KYC if you operate only with cryptocurrency. At the same time, lawyers still advise establishing KYC for users using cryptocurrency in an equivalent or more than 10K EUR.

In case you also accept fiat currency, your business becomes more similar to the banking sector and KYC is obligatory thing. Even if it’s just using one cent of fiat currency without KYC, you would be working illegally.

Velvet’s organizational and legal structure of the exchange complies with the regulations set in European jurisdictions. Yes, KYC is challenging sometimes but Velvet offers a fast way to process applications (an hour or a day, with the functionality of tracking the stages of the application process rather than 15 days and many additional questions).

Whichever way, we are adamant about keeping within the boundaries of the law.

WEBSITE: https://velvet.exchange
Analytics: https://medium.com/velvet-exchange/tagged/velvet-analytics
Trading Guides: https://medium.com/velvet-exchange/tagged/velvet-trading
Reddit: https://reddit.com/r/VelvetExchange/
Telegram: https://t.me/velvetbroker
Twitter: https://twitter.com/VelvetBroker

How do you differ from the mass of other exchanges? what is your advantage?