Dear community,
On the 24th of October, OceanEx was invited to do a live AMA in the Dutch Telegram group called DutchCryptoTalk. OceanEx Head of Marketing Starry Liu answered many questions. You can find a recap below. Enjoy the reading!
Introduction
OceanEx Digital Asset Trading Platform uses advanced artificial intelligence technologies to provide a secure and ultra-fluid digital currency trading market. Capable of comprehensive quantitative trading, it offers a rich set of investment tools and products to meet the needs of all types of investors and investment strategies. OceanEx is one of the 12 initial partners of Data Accountability & Transparency Alliance powered by CoinMarketCap.
The core team members come from Morgan Stanley, BNP Paribas, Deloitte, Samsung Electronics Research Institute, Cisco and other internationally renowned companies.
Questions
How old is the exchange?
" We established last year on Nov 30."
What are the fee cost?
" We have comprehensive structure which can be found here."
Will there be a stop-loss option available?
" Yes, it’s on our development plan, pls stay tuned."
Is the fiat gateway still planned for q4?
" Yes, coming soon."
How does cryptofarm work and how do you decide the expected rates?
" CryptoFarm is a low risk value-added plan that provides users with a relatively stable asset growth solution. Compared to active trading strategy, which requires frequent trading and monitoring of the volatile market, CryptoFarm is more attractive to users who don’t have profitable trading strategy, don’t have enough time to study the market, or are long term value investors.we have designed this product as a diverse financial investment choice for our users and community. Each round we collaborate with project, the rate is a overall assessment considering both the situation and value of specific token and also the industrial market situation."
What is your future vision? You also have your own currency, what can we expect for that?
" We are currently a value exchange enabler, support the industry growth including provide tailored services to project and offer diverse product to users. in the future we will focus on expand the diverse kind of innovative financial product. For our platform token OCE, it currrently has a lot of features and benefit to our members, please check out here: https://medium.com/@OceanEx/the-oce-club-is-officially-launched-five-exclusive-benefits-for-oce-holders-61b966fad76
What do you think about the current volume at the exchange?
" We are on it, especially for the deep collaborated project, users can easily trade on OceanEx, we are adding more tokens- but for sure we need to assess the project first."
In today’s bear market, does Ocean EX have any plan to increase liquidity for the exchange.Experience for users is very important to attract users to use. So, does Ocean EX open stop-limit and trade margin features to give users more options?
" Yes, stop loss is on our plan, and margin features is under development too."
Is there a partnership with Binance? Or do you guys just listed BNB?
" Yes, we have listed BNB recently, we shall support the eco if there is mutual alignment."
Are you still busy with the regulations of Oceanex ? Or will this be a difficult procedure?
" Regulation is a long term topic, OceanEx will always catch up with the trend."
How are the plans shaping up for marketing and building a strong, core community which is essential for any new project in the crypto industry?
" Actually, I am super proud of OceanEx community, we have a team of very committed OPW (OceanEx Pilot Whale) who are voluntary helping us building community. And also we have OceanTrip, via which I have met with a lot of core community members in person. Btw welcome to join our community (https://t.me/OceanEx_Official) and OPW program (https://medium.com/@OceanEx/opw2-0-7ab1b9a45b87).
Many exchanges are coming these days. But the main problem for the clients/users is that the fraud and hacking problems that has been the cases in previous years (also on the biggest exchange like binance).What are the main safety features that OceanEx has and How troy network is different from its peers?
" Security is always our priority. We have AI Powered Security which provides Bank-level SSL secure technology and advanced machine learning algorithms to actively detect attacks and safeguard your assets and transactions.
The AI component of OceanEx called OceanBrain builds deep learning models from the temporal market data in OceanEx and uses them to detect outliers. To tackle this challenge, OceanEx is empowered by OceanBrain: an artificial intelligence system that uses advanced deep learning algorithms to learn from a significant amount of market data stream, and adaptively discover abnormal patterns in the market.When the trends indicate that the cause of abnormal detection is attributed to a set of user accounts these will be suspended immediately (since they may be compromised)."
For more details please check here:
https://medium.com/@OceanEx/decoding-oceanbrain-the-artificial-intelligence-securing-oceanex-481a4778eb82
Why should I use OceanEx to exchange my assets? What is different from OceanEx compared to other famous exchanges?
" OceanEx is a secure, professional, legit and user focused platform. We have finished our building of solid fundamental part, now we are moving to providing diverse and legit services. I hope the assets we choose to list and in the near future, the diverse and tailored product can give you and offer to enter OceanEx. Meanwhile, I highly valued community voice, feel free to let me know what you are expecting on OceanEx. Together we can achieve more."
Does oceanex have any plans for a lending program?
" Not now, but we will assess the model."
Currently, the major exchanges are fiercely competing with each other, so how does OceanEx position your brand?
" Crypto world never lack of exchanges, it is a crutial role. we are moving from a value enabler to providing more diverse and innovative financial products."
With the opening of Lending and Future trading platform of Binance, mainnet launching of Gate,etc,.. the race of crypto exchanges in improving their platform is a must for now. Does OceanEx feel pressure from this? If yes, will be there any plan soon?
" We believe each player in the crypto world feels pressure considering the fast growing industry. But we will definately hold on our faith and deliver the legit and professional platform to community. Future is on our plan and coming soon."
When will oceanex integrate Safe Haven solution?
" We currently dont have further update on it, we shall update community via our official channels if there is an update."
User experience is also a matter of concern, so do you focus on this issue? How will you do this?
" Running an exchange looks like running an e-commerce website, but it is more complicated than that. Like an iceberg, user experience is above water, but we have done a lot under the surface. Hope below graph can explain better:"
Is it too late for OceanEX to start building and developing in Vietnam, as there have been many large exchanges that have flourished in the Vietnamese community with promotions, events / meetup … in the past?
" OceanEx is a fast growing exchange, we established in 2018 Nov, when there are many outstanding exchanges already exist. We choose to still enter the industry because we see the potential of the blockchain development, more importantly, we hold the faith of building a professional exchange. Second, i think now timing is right on the corner for vietnam market. We hold our first meetup this year, received a lot of feedbacks and ppl are really looking forward join our community. we will continuously focus on provide local community with tailored services."
In how many languages do you offer support?
6
Many people think OceanEx is all about VET. Can you tell something more about this? And why VET?
" VeChain is one of our close partner, and the very first ecosystem we support. Due to the very deep collaboration and value commitment from both sides, we have tailored and provided many campaigns to VeChain community. That’s why VET trading volumn on OceanEx is higher than others. OceanEx is still growing, we will surpport more solid and promising projects and eco like VeChain in the future."
Can you tell me the benefits about the OCE currency
How OceanEx helps businesses to grow well and profitable to businesses ? what’s unique is there in OceanEx that makes OceanEx different than others ?
" We provide tailored services to projects and diverse products. it’s a joint effort to boost up the value of each token."
Are there plans to open an office in Europe? Or is there already one in Luxembourg?
" People work decentralized in this decentralized industry. Yes Europe has our largest user pool."
Between the goal of building an increasingly strong platform, improving user experience and the goal of attracting more satellites project into the OceanEx ecosystem. Which goal is OceanEx more focused at the moment?
" Good question, we need to focus on both sides. we are bridging together between good projects and individual investors. We’d love to communicate out the value of each project to community, so that promotes the development of blockchain industry."
Any news on the implementation of a stablecoin on your exchange?
" We are focusing on fiat trading currently, yes but no instant update on specific stablecoin listing now."
DCT host Kitty Thanks Starry Liu for her time and efforts. OceanEx Welcomes all to join our community and experience our platform.
