Today is the big day with trading of the JSE token going live across two exchanges. Below are time estimates for when it will go live. There will be live updates on Telegram and Twitter as well.
LATOKEN: 10:00 UTC – 18-Oct-2018
“Around 1 Pm GMT+3 is our estimate”
IDEX: 15:00 – 18:00 UTC
“Should go live between 9am to 12 CST”
- Live updates on Telegram https://t.me/jsetelegram & Twitter https://twitter.com/jsecoin
- Setup an account at LATOKEN here: https://bit.ly/2NV1eOW
- IDEX trading and charts are available here: https://idex.market/eth/jse
It’s a really big day for the project and thank you to everyone that has helped us along the way to get to this stage.
Crypto Exchanges Explained
The first time you see an exchange interface with charts and numbers everywhere it can be a bit daunting so lets break down some of the basics and look at how exchanges work.
The Candle Chart
Most exchanges use candle charts to display price movements. Each candle or bar in the chart represents a time period with a high and a low price at which the asset traded at. You can adjust the time period to see more long or short term trends and the length of the candle shows how much volatility there is in the pricing.
The bottom bar chart shows volume or amount traded.
The Order Book
Exchanges work as a market place between buyers and sellers. Sellers will list their tokens for sale at a set price (known as an ask) and buyers will list what they are willing to pay (known as bids). If their pricing matches then a trade is executed and assets will be exchanged at the price specified.
A trader has the option of adding to the order book outside of the current pricing or executing trades at the pricing offered in existing orders.
Limit Orders
Orders are normally placed as “limit orders” in which a trader sets the amount they are willing to pay and the volume of the asset that they want to trade.
The order will either execute immediately if pricing exceeds or matches the current bid/asks or it will be added to the order book.
About The Exchanges
LATOKEN is a rapidly growing crypto platform focusing on liquidity for new tokens.
- 30+ mn daily trading volume
- 85,000 traders already registered
- 190+ crypto pairs already traded
Besides crypto trading, LATOKEN users can participate in selected Tokens Sales at pre-sale and crowd sale stages.
IDEX is the first Ethereum based decentralized smart contract exchange to support real-time trading and high transaction throughput. IDEX is the most advanced Ethereum DEX, supporting limit and market orders, gas-free cancels, and the ability to fill many trades at once.
Thanks again to everyone who has contributed to the projects success. Exchange listing marks the end of the beginning for JSEcoin and with coinmarketcap and coingecko listings going live shortly things are about to get pretty serious.
