Showing posts with label exchange. Show all posts
Showing posts with label exchange. Show all posts

Saturday, November 30, 2019

Emirex Exchange: Mid-East Based Digital Assets Exchange

Hasil gambar untuk emirex ico reviews"

Overview

A crypto exchange is an online website that provides a platform for the buying, selling, or exchange of cryptocurrencies like bitcoin, ether, and litecoin for fiat money like USD, EUR, GBP, etc. The website are marketplace where potential buyers and sellers of cryptocurrency can place “buy” or “sell” orders. The buyers and sellers do not interact with each other. Each person only interacts with the platform. The service charges fees upon the conclusion of every transaction.

The Emirex Exchange is a UAE-based cryptocurrency exchange built to help consumers and institutions in UAE and across the Middle East to join the digital economy revolution. Its services are reliable, safe and simple, and are accessible through the web app. Emirex mission is to: “ to build the infrastructure for the adoption and use of digital assets, that is easy to use, secure, compliant and localised for the local markets, focusing on the Middle East, interconnecting it with Africa, Asia and Europe."

Emirex Exchange Services

Emirex is a cryptocurrency exchange with the vision to become the easiest gateway to acquire and spend digital assets, Emirex aims to make digital coins accessible to everyone. The team is dedicated to enhancing the trading experience with quick trade executions, great customer service, fair pricing, endless improvements, and limitless creativity.

The Emirex Exchange currently supports market trades of 12 cryptocurrencies, including BTC, ETH, USDT, LTC, and Emirex native currency EMRX. Emirex also support 2 kinds of fiat currencies, USD and EUR. Emirex Exchange restricts crypto-to-crypto to base markets in BTC and USDT.

The Exchange lists 12 cryptocurrencies:

  • Bitcoin (BTC)
  • Litecoin (LTC)
  • Ethereum (ETH)
  • Bitcoin Cash (BCH)
  • Tether (USDT)
  • Emirex token (EMRX)
  • Datecoin (DTC)
  • EURON token (ERN)
  • NIWIX token (NWX)
  • Zulu Republic token (ZTX)
  • Bolton token (BFCL)
  • NIWIX Certificate (NCER)


Emirex Exchange will utilize an engine that is capable to handle 1,000,000 orders/second. It will offer spot trading with professional order types as well as margin and futures trading. The exchange also provides advanced security measures compliant with the international standards of IT security in the banking industry, per ISO 27001.

In term of transaction fees, there are no fees for depositing crypto or fiat into Emirex users' account. Cryptocurrency withdrawals are likewise free, save for a small fee to cover network mining fees.

Emirex Native Currency (EMRX)

As the native token of the Emirex Ecosystem, EMRX has multiple use cases: listing fees for placement of tokenised assets, transactional fees from buy/sell transactions, custody and servicing fees, commission and partner incentive schemes, and others as the offering develops.

The EMRX is powered by the Ethereum blockchain for the transparency and efficiency. It has been designed to incentivize the traders, investors, issuers and partners within the Emirex ecosystem.

The EMRX token detail is described below:



Emirex Team

Emirex is founded by Grigory Rybalchenko (C0-Founder/CEO) and Irina Heaver 
(Co-Founder & Chief Strategy Officer). Grigory has vast experience in technology along with comprehensive management consultancy background. He has advised multinationals on strategy, digitalisation and implementation of emerging technology, operational performance and efficiency. While, Irina is an expert in leadership and law. She has experienced working across the Middle East, Africa, Asia Pacific, CIS countries, Europe and North America. Irina has advised on over USD500 billion worth of projects and transactions in the oil and gas, mining, construction, maritime and technology sectors.

Conclusion

The Emirex exchange is unique and beneficial to everyone interested in digital economy trading. The platform allows digital asset trades to take place in an easy, fast, compliant and secure way. The exchange has two key functions. Primarily it offers an easy to use interface that lets non-professional traders buy and sell digital assets easily. For more information about Emirex, you can visit online today on their Website, Whitepaper, or gain information on their Telegram Group.

Author's Bitcointalk Username: Tpq01349
Profile Link: https://bitcointalk.org/index.php?action=profile;u=1972940

Monday, September 2, 2019

Cryptocurrency Auction Deals System


TradeForYou, as the name implies, is a blockchain project which offers solutions in the area of digital asset marketplaces. Do you want to know everything about this company? If you do, just read our review about it.

What is TradeForYou?

TradeForYou is an exchange platform where people can trade financial, technology and information products as well as cryptocurrency in auction model. The main goal of the company is to provide decentralized solutions that will enable people to enhance the user experience, making it simpler, interesting and attractive.

The company understands that the online marketplace has a huge problem with the security of the sales and the auction market is not different at all. This lack of trust ends up hurting the market. By applying the blockchain technology to decentralize its platform, TradeForYou hope to improve the standards of trust in this industry. While the auction-like transaction aims to overcome the problem of cryptocurrency price dumping. The platform will allow you to sell your crypto assets at 3% or 5% above the market price.

How Does TradeForYou Work?

Every time someone puts a cryptocurrency for sale, an Auction room is formed. Once the auction room is formed, the platform system seeks to fill the room with automatic bids from people who select this option to acquire and compete while they are offline. To do this you may reserve a portion of your acquired bids to automatically participate in your preferred auctions. At the same time, people who are online and see the auctions rooms that are active can participate in giving manual bids.

Once the auction room reaches the limit of participants, the platform closes the room and processes all bids. All bids are processed and paid in the cryptocurrency being auctioned. 

At the same time among all the participants are drawn a few numbers who will receive an especial prize, a JACKPOT with a minimum of 100% for regular players, and 200% for VIPs, and the larger the room, the larger the prize, as 300, 400% or more on the top of your total bids in that specific room.

The draw is processed in the Blockchain Ethereum on the next block generated after the room is closed, following the guidelines of our smart contract so the number of randomly selected draws and the percentage of the prize is totally unpredictable, transparent and verifiable.

In addition, to help with the platform TradeForYou have an ERC20 token - TFY token - that is listed on Cointrade.cx Exchange and is used to pay rewards, get discounts in the platform, pay fees and to acquire VIP status.


The TradeForYou Verdict

Is Auctionity a good platform for you? It can certainly be. If you are a seller, you will discover that this platform will be a lot more profitable than others exchange platforms, which will be great for you. Also, it does not charge high fees, so this is also a positive point for your business.

However, if you want to use to sell cryptocurrencies, you will have to register to use it as a tool to make your own auctions. Try to use it sometime to know it better and try to discover if TradeForYou is the perfect platform for you. It might just be, as this is a very good platform with plenty of potential of becoming a great platform in the near future.

For more information, you can visit these following links:

Website: https://tradeforyou.io/
Whitepaper: https://drive.google.com/file/d/12cqKWsI1HNx2FToN1LggSvp0uIh5gYoh/view?usp=sharing
Telegram Group :  https://t.me/tradeforyou_io
Twitter :  https://twitter.com/TradeForYou2
Medium :  https://medium.com/

Author's Bitcointalk Username: Tpq01349
Profile Link: https://bitcointalk.org/index.php?action=profile;u=1972940

Friday, April 12, 2019

Aussie Digital: Building a complete cryptocurrency eCommerce ecosystem

Hasil gambar untuk Aussie AUD ico reviews

Blockchain for eCommerce


While eCommerce has sustained all these years with the use of closed proprietary code at the backend, enabling the blockchain technology on the platform can be a major positive driver, eliminating online fraud to a great extent. While the applications of this tech in the field of eCommerce are aplenty, let us take a look on one of promising blockchain based eCommerce in 2019, Aussie Digital.

What Is Blockchain?


Before getting into details on the Aussie Digital, it is crucial to learn more about Blockchain and its key characteristics.

Blockchain is a distributed digital ledger system that enables seamless and transparent transactions to take place over the network. This technology has several applications across varied fields like healthcare, education, economy, crypto trading etc. The main benefit of blockchain technology is the fact that it is virtually tamper-proof. All transactions on the blockchain network are recorded and verified using advanced algorithms, thereby providing complete transparency and ending any possible scope for corruption.

Here is the some ways where blockchain can solve problems being experienced by e-commerce:

A safe and protected environment: Every transaction made on the blockchain network is permanently logged. This reduces the chances of any kind of fraud, as every action is traceable back to the origin.
Verified transactions: Each transaction, called a block, carried out on the blockchain marketplace is validated and verified across multiple nodes before being added irreplaceably to the existing chain. This eliminates the chances of unintended or fraudulent use.
Complete transparency for better accountability: The fundamental thought behind the blockchain project is to create a transparent network that can be verified publicly.
Lower costs resulting in lower prices: In the absence of a centralized hosting server, the saved money can be used to reduce prices for the items and services, thereby providing the best rates for the sellers, producers and consumers as well.

Aussie Digital Blockchain and eCommerce 


Aussie Digital stands to benefit from all the features mentioned above. It is a blockchain-based e-commerce platform where anyone can start their own online store then begin earning a regular crypto income.

The goal of Aussie is to revolutionize e-commerce, allowing any small business to sell products and services with any major cryptocurrencies. It eliminates the high-priced middlemen that typically stand between retailers and their customers. It’s a medium where buyers and sellers can exchange products with all transactions secured by a smart contract.

Aussie strongly believe that this is the way forward, a model that would inevitably be adopted by all marketplaces in the future. However, for the time being Aussie leads the front as pioneers of a new revolution in eCommerce, enabling multitudes of small entrepreneurs to dream big!


What is Aussie Digital offering?


Big questions surround the blockchain and the future of e-commerce, and many people around the world are eager to know how this is developing. The Aussie Digital team are working at the leading edge of the merging of cryptocurrencies and e-commerce, and indeed this is the whole reason behind the Aussie Digital offering.

TRADEZY ECOMMERCE


TRADEZY  is an Amazon/ eBay style ecommerce platform that will take Crypto and standard (fiat) currency. Its designed to help small business and new business set up quickly and at minimal cost.

TRADEZY clients will have access to the (B2B) Trading platform making wholesale products cost effective, user friendly and search engine smart. This will change the way people shop and small business does business forever.

CHATEZY SOCIAL MEDIA


CHATEZY is an built Social Media feature on Aussie eCommerce Platform. The feature is created to help buyers and sellers keep connecting. This can be used by anyone in our Community for business or for pleasure. Promote a product or business or simply connect with new friends. Import contacts from other platforms and get new people involved.

ADVERTISING


Aussie internal paid advertising is being created to connect Sellers and Buyers and vice versa.

You can Reach Thousands of qualified customers through personal email or our E-commerce and Social platforms. Advertise your business or single out a product you wish to push. Aussie aims to provide the most affordable, user friendly advertising so our valued customers can maximise their profits and get on with business.

TRADEDO TRADING EXCHANGE


What makes Aussie Digital Marketplace different is, Aussie is fully implemented blockchain cryptocurrency ecosystem by providing an built in exchange called TRADEDO.

The TADEDO interface has been designed to be very user friendly with quick access functions. This will make it standout from all other cryptocurrency exchanges for its shear usability and functionality.

Through TRADEDO exchange users will  have the ability to exchange Aussie native coins, AUD and many other reputable coins.

With the exchange, retailers will have the ability to automatically convert their sale to their chosen currency in real time which takes out some of the worry caused through volatility and freeing up their time, so they can concentrate on business.

Tradedo Trading Exchange

The Aussie Digital Token (AUD)


Aussie has its own token called AUD. The Token is an ERC20 compliant digital token issued by Aussie and is the official token of the platform. The AUD tokens will be used as the engine to support Aussie eCommerce Platform. This will increase the demand for the token since the token will have many uses throughout Aussie’s infiltration into the industry.

A total of 15,000,000,000 AUD tokens are being sold during the token sale (60% of the total supply). The remaining tokens are allocated for Aussie Digital Team (20%), Reserve (10%), bounties (5%), advisors (4%), and advisors (5%). You can purchase AUD here.

Who’s Behind Aussie Digital?


This project is based in Australia. The Aussie Digital site lists a team with 13 core members.

PETER EDYVEAN is the Co-Founder Business Strategy of Aussie Digital. His profile suggests that he has 10 years experience of worked on various technology projects. Co-Founder Business Development & SEO is TODD JOHNSON. Todd profile stated that he is currently work on Aussie Digital. Another CO-Founder is FIONA PIRLO. Fiona profile's described that she has a lot of experience in various field.

MIKE MAZIN is the Business Banker Consultant and ANDY PINNEGAR takes on the role of Business Marketing. The other job titles in the team include Web Developer, Blockchain Developer, Graphic Designer, Costumer Service and Social Media Marketing.

For more information about the project, please visit the following links:


Website: https://www.aussiedigital.io/
Whitepaper: https://www.aussiedigital.io/uploads/Whitepaper.pdf

Authorship: Tpq01349

Friday, April 5, 2019

Catex Exchange: Transaction Fee Mining Exchange

Hasil gambar untuk catex ico reviews

Nowadays, exchange tokens are not a novelty. Over a year ago, Binance came out with BNB, its own ERC-20 token, which can be used to vote for new listings and receive discounts when paying trading fees. Consequently, many other exchanges embraced this idea, which proved to benefit all stakeholders.

As new crypto exchanges crowd the playfield, most are trying to set themselves apart from their peers. And here we have Catex, with its feature of the “transaction fee mining” model, promising 105% transaction fees reimbursement for traders in the form of Catex’s CATT token.

What Exactly Is Transaction Fee Mining?


Before getting into details on the Catex, it is crucial to learn more about Transaction Fee Mining.

With a conventional cryptocurrency exchange, a maker and taker fee is levied on each side of the trade. The taker’s fee is typically higher, averaging 0.5-0.75%, while the maker (the person selling the asset, and thus providing liquidity) might pay closer to 0.25%. Ordinarily, this fee is deducted at the point of the trade being executed. It’s normally collected by the exchange in the form of ETH or BTC, or BNB if trading on Binance. Transaction fee mining exchanges take a markedly different approach.

Transaction fees are the primary way by which exchanges make their money. Trans-fee mining exchanges flip that model by handing all of the fees back to traders in the form of a native token. In fact, during promotional periods – typically when launching the exchange – these platforms might even offer a rebate of greater than 100%. In other words, traders are technically profiting, in the form of native tokens, for each trade they made. It sounds too good to be true, and like all things that fall under this banner, it is. But first, let’s consider the upside to trans-fee mining.

Catex: A mining solution cryptocurrency exchange


The China-based Catex exchange was established in 2018. Catex is a transaction mining exchange platform. It provides the users with the ability to trade (buy/sell) cryptocurrencies between them using the available market pairs. The platform offers a hybrid solution where it is possible to perform crypto transactions and mine the platform tokens (CATT) at the same time, which will be used to return the transaction fees to the users.

Catex aims to provide solution to the existing cryptocurrency mining problem. Today’s estimates suggest that mining operations are now consuming as much or more electricity than the entire nation of Denmark. While it’s not enough energy consumption to cause a global catastrophe, it is quickly becoming a serious problem.

Catex  has embarked upon a rather promising solution, called Trade Mining a.k.a Transaction Fee Mining. It established to reward active users for trading on selected markets with their Ethereum-based purposeful token, CATT. Catex will handing all of the fees back to traders in the form of CATT native token. The market makers get the CATT in direct proportion to their traded volume on a daily basis.

The purpose of Catex's native tokens


DIVIDENDS


Catex offers 80% of its day by day commission to holders of CATT native token. This is uncommon component that can be seen in different trades, as in, holders of the task's token is are being remunerated for holding their token. This constantly will go far expanding the cost of the token, and keeps it from dumps.

BUYBACK


Catex Exchange has a buyback account to support CATT price. The buyback account is fed by dividen pool and voting.

LOYALTY PROGRAM


Catex Loyalty program is aimed at rewarding users simply for trading on the exchange. To become a member of the Loyalty Program user must have at least 1 daily trade and CATT balance. The loyalty payments share will be proportionally distributed to all CATT token holders every day.

VOTING 


Catex has a voting system. It cost only 10 CATT, and the first 2 voted coin are listed weekly.

Trade Mining on Catex exchange


To put it briefly, when trading on selected markets, market makers get the platform’s native tokens CATT in direct proportion to their traded volume on a daily basis. In other words, through trade mining on Catex, active users get to turn the expenses, associated with trading activities, into cost-cutting, gainful opportunities.

Every day the exchange issues CATT native to distribute among users, trading on selected crypto markets. Catex tokens are being rewarded in direct proportion with the daily trading volume of each trade mining participant every 24 hours at 00:00 UTC.

The CATT amount can be mine per user per hour will be determined by the amount of CATT holding. The formula is: (CATT Holding) * (Mining ratio) , where the Mining ratio is dynamically adjusted by the platform everyday, for example todays ratio is 0.1, and the user holding 10000CATT, then The amount of he can mine per hour is 10000 * 0.1 = 1000 CATT. In order, to enjoy daily dividends the min CATT holdings is 200. Dividends are calculated once a day and arrive the next day.

For more details visit: 


Webite: https://www.catex.io
Facebook: https://www.facebook.com/officialCat.ex
Telegram: https://t.me/catex_group
Twitter: https://twitter.com/catexofficial
Discord: https://discord.gg/7USsyjK
Support: support@catex.io
Reddit: https://www.reddit.com/r/Cat.ex
Bitcointalk: https://bitcointalk.org/index.php?topic=5099776.0

Author:


Forum Username: Tpq01349
Forum Profile link: https://bitcointalk.org/index.php?action=profile;u=1972940
Wallet address : 0xA73fA2565C18218AC6510c8CD3B220F5794f3B84

Friday, February 15, 2019

PhoenEx- Taking Cryptocurrency Exchange to a new Height




Earlier this year, Binance announced their intention to launch a decentralized exchange alongside a public blockchain, claiming that centralized and decentralized exchanges will co-exist interdependently in the future as they complement one another. Over time, we may see centralized exchanges shift towards hybrid solutions that embody benefits from both centralized and decentralized solutions.

Vitalik Buterin, the co-founder of Ethereum, commented that hybrid and semi-centralized exchanges are a much better solution than fully centralized exchanges. Where one of the main issues with centralized exchanges is the influence they have over the market, with their ability to decide which currencies to list or not on their exchange.

The concept of a semi-centralized or hybrid exchange is to add components of decentralization to a centralized platform. In some instances, users are able to trade directly from their wallets with tokens deposited into a smart contract, before trading commences. This ensures that no third-party entity holds and maintains custody for user’s funds, thus reducing potential security risks.

Hybrid Exchanges: Combining the Best of Centralized and Decentralized Solutions

Neither centralized nor decentralized exchanges provide complete functionality allowing institutional and retail investors to trade efficiently in the market. Centralized exchanges (CEXs) have become the standard as they provide quick processing of orders (low latency), liquidity, high-frequency, alongside marginal trading tools.

However, while making trusted third-party optional is one of the fundamental benefits of cryptocurrency, centralized exchanges act as third-party intermediaries. This requires users to trust their cryptocurrency funds to be kept safe by centralized exchanges, where there is potential for manipulation, government intervention, and loss of funds through hackers.

In the past, governments have shut down exchanges. For example, in September 2017, China’s largest exchange suspended operations after a national ban was set up. Centralized exchanges also fall susceptible to hacks that have cost users millions of dollars on exchanges such as Mt. Gox, Bitfinex, Bitstamp or Coincheck.

Another issue is that centralized exchanges can engage in front-running; a process whereby an exchange inserts its own (or others) orders first in anticipation of big price movements. In regulated markets, such behaviors are regulated, illegal, and policed strictly, however, as the blockchain industry is largely unregulated, the potential for undertaking such questionable behavior remains.

Decentralized exchanges help to reduce the risk of front-running as there is no centralized order book controlled by a single entity. At the same time, decentralized exchanges (DEXs) allow users to maintain control and custody of their funds. However, because of a greater push for privacy and anonymity on DEXs, it is difficult to regulate and collect necessary information from users of DEXs.

DEXs do not hold cryptocurrencies or have a central ledger. This bars DEXs from offering efficient latency that would motivate larger investors to participate in these markets to provide more liquidity. Generally, DEXs have lower liquidity than CEXs because of lower users’ adoption and thus, lower trades occurring throughout the platform.



PhoenEx as a Hybrid Exchange 

PhoenEx, found online at https://www.phoenex.global/, is a hybrid-decentralized cryptocurrency exchange. PhoenEx offers the functionality, transparency, and liquidity of a CEX, alongside the security of a DEX.

PhoenEx wants to accelerate the adoption of blockchain technology and democratize ownership of cryptocurrencies. Thus, They aim to tackle challenges facing current cryptocurrency exchanges: 

  • Suboptimal architecture -  current exchanges are built on the fly without much of careful planning. They often take the simplest approach to get the system up and running, without taking into consideration the compounding load as traffic grows. Furthermore, layers of security that some exchanges integrate in the system add to the complexity resulting to slower trade speeds and delays in relaying information to the user interface. The flaws in the system create a ripple effect which ultimately leads to poor customer experience. 
  • Lacks portfolio tracker - current  cryptocurrency exchanges have have one thing in common: they all lack the option where users can see their buy price alongside the current price. PhoenEx team believes this is one critical aspect that every exchange must have. 
  • Poor customer service quality -  A comprehensive understanding of investors and traders’ wants and needs is paramount in running a successful exchange. Their time and money are at stake and slight delays in attending to customer incidents can be very costly for both parties. 
  • Expensive fees -  Exchange fees can be very expensive, from trading fees to withdrawal fees, especially to small investors and traders who only wish to get some returns on their investment. Moreover, some established cryptocurrency exchanges can charge ridiculous amount in order for a token to be listed in their system. 

Incorporating the speed and liquidity of centralised exchanges with the security afforded in a decentralised exchange where the user owns their private keys. The PhoenEx trading platform will cater to both beginner and advance users. This means the non-critical components of the trading process will be housed.

In addition, PhoenEx exchange will offer the following: 

  • PhoenEx exchange platform will incorporate a portfolio tracker where users can see at a quick glance the buy price, current price, volume, equivalent value in ethereum, and dollar, and last but not the least the percentage gain/loss. This way, day traders and hodlers alike will no longer have to navigate from one tab to another just to compare their buy price to the market price, and most importantly to check whether they are gaining or losing money. 
  • PhoenEx is built with the end users in mind. Customer service has a defined service level agreement and standard across time zones. 
  • PhoenEx fees are competitive and relatively low compared to other established exchanges. Using PHOENEX Token to pay for fees entails big discount. Lastly, new token listing process is agile and streamlined. Project teams do not have to wait for weeks or months to know the result of their listing application. 
PHOENEX Token (PHNEX)

PhoenEx (PHNEX) is a standard ERC-20 compliant token created through Ethereum Smart Contract. The PHOENEX token is not a security token. It is classified as payment or utility tokens which will be used in the PhoenEx Exchange application as exchange fees, withdraw fees, new coin or token listing fees, advertising fees, etc.

PhoenEx Tokens will be used as currency on the PhoenEx Exchange platform along with Ethereum. PhoenEx Tokens do not represent company shares or give rights to profit sharing. As mentioned above, PhoenEx Token is utility token, therefore there is no guarantee of future value of the PhoenEx Token and will be solely up to the market and community to decide same.

Token Details

Token Name: Phoenex
Token Symbol: PHNEX
Token Standard: Ethereum ERC-20
Total Supply: 500,000,000
Decimals: 8
Soft Cap: 500 ETH
Hard Cap: 1000 ETH
Unsold Tokens: To be Burned
Token Presale Period: Feb 12, 2019 – Mar 15, 2019




WHO'S BEHIND PHOENEX?

PhoenEx is led by Douie Marc Galiste, CEO and Head of Marketing. Douie Marc is seasoned entrepreneur, a full-time cryptocurrency trader, and an experienced ICO hunter. Douie Marc has has a decade of experience in leadership and has a knack for finding the best people for the job. His vision has been to build a global cryptocurrency exchange that will be at par or even surpass established exchanges in the market. 

To bring PhoenEx to life, Douie Marc has assembled a team of engineers and executives, including Brookshiel Mae Galiste (COO and Marketing Advisor), Raizalyn Razo (Project Manager and Advisor), Adrian Alvarez (Community Manager and Advisor), and Aaron Malone (Advisor).


To learn more about PhoenEx, visit the platform online today at https://www.phoenex.global/ or visit the company whitepaper at https://docs.wixstatic.com/ugd/43cc44_035aea7410c04a8fb0dfbe4c204f0f56.pdf. You can also be the member of PhoenEx community by join their telegram group at https://t.me/PhoenExOfficialGroup.

AUTHOR:

Bitcointalk Username: Tpq01349

Sunday, November 11, 2018

London Block Exchange (LBX): UK Based Cryptocurrency Exchange

LBX - is lbx.com scam or good cryptocurrency exchange?

Overview

The London Block Exchange(LBX) is a UK-based cryptocurrency exchange built to help consumers and institutions in London and across the United Kingdom to join the digital money revolution. ts services are reliable, safe and simple, and are accessible through the web or via the mobile app. LBX mission is to: “open the doors for everyone to partake in the new and emerging economy”.

LBX Services

Cryptocurrency Exchange

The London Block Exchange supports market trades between British pounds and all of the listed cryptocurrencies. LBX restricts crypto-to-crypto to base markets in bitcoin and ethereum.

LBX imposes daily and monthly limits on trading volumes based on a customer’s verification status. For example, trades between cryptocurrencies and British pounds are capped at £20,000 per month for people at Level 1, £300,000 per month for people at Level 2, and £600,000 per month for people at Levels 3 or 4. Similar caps apply to crypto-to-crypto trades as well.



The Exchange lists 12 cryptocurrencies: 

  • Bitcoin (BTC)
  • Litecoin (LTC)
  • Ethereum (ETH)
  • Ripple (XRP)
  • Bitcoin Cash (BCH)
  • Ethereum Classic (ETC)
  • OmiseGo (OMG)
  • Golem (GNT)
  • 0x (ZRX)
  • Basic Attention Token (BAT)
  • Status (SNT)
  • Recently, LBX has announced a partnership with DADI.


LBX Exchange will utilize UK’s Faster Payment Service (FPS) that will reduce the processing time of fiat deposit and withdrawals. Additionally, users of the FPS will be able to seamlessly exchange cryptocurrencies for fiat (GBP) and the other way around. However, the service will be available only for premium and pre-registered users. They will also benefit from no deposit fee and low withdrawal fees.

In term of transaction fees, there are no fees for depositing crypto or fiat into LBX users' account. Cryptocurrency withdrawals are likewise free, save for a small fee to cover network mining fees. Withdrawals of British pounds incur a 2.45% fee for standard members or a 0.95% fee for premium members.

All trades incur a 0.5% fee. There is no discount for high-volume traders or for market makers.

LBX Payment Card

The LBX is launching a Visa card, the Dragoncard, that will allow users to spend their bitcoin savings. The card, designed to overcome a key drawback of bitcoin that it is not a widely accepted form of payment, will convert holdings in bitcoin and other cryptocurrencies to pounds and allow users to conduct day-to-day transactions as though with a credit/debit card.

When a user makes a transaction using the Dragoncard, LBX pays the merchant in pounds and withdraws cryptocurrency from the user's wallet and converts it into pounds. LBX charges a 0.5% fee for processing the payment. While there have been other companies to launch bitcoin cards, LBX is the first to introduce a card for all major cryptocurrencies. The exchange has been provisionally approved by the Financial Conduct Authority, the UK's financial regulator.


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LBX Payment Account (LBXpay)

LBXpay Platform is a cryptocurrency payment account of LBX. The role of LBXPay will be to act as a platform through which small enterprises and ICOs can store, manage and transfer both fiat money and digital assets. The account offers a convenient means of converting fiat currencies into crypto and vice versa.

Mobile Trading and Wallet App

The mobile wallet is a nice addition to the LBX toolset. The app was pretty easy to navigate and transfer funds with. The charting application, however, is similar to the desktop version in that it’s a bit too basic. The interface could do with an overhaul in future updates.

The LBX wallet app provides real-time market data and allows users to exchange between cryptocurrencies.

OTC Trading

LBX Exchange has an over-the-counter (OTC) trading desk that lets institutions place large orders without affecting exchange rates. Minimum trade value is the equivalent of £100,000. Trades can be made between British pounds or euros and any of the cryptocurrencies LBX supports.

Educational Services

LBX has a “College of Crypto” - an educational section on the site that gives basic information about the important aspects of blockchain and cryptocurrencies – what they are, how they work and explains the basic terminology of the industry. There is also information about the largest cryptocurrencies, what is an ICO, etc., and regular market reports.

LBX Cryptocurrencies

LBXpeg

LBXpeg is a new stablecoin that would be linked to the pound sterling (GBP). The company believes that this stablecoin is needed due to the fact that other stable cryptocurrencies in the market do not work in the same way and have ‘opaque management structures, distribution schedules and auditing processes.’

The LBXPeg stablecoin will be powered by the Ethereum blockchain for the transparency and efficiency. Moreover, it will be backed by GBP that will be held by the firm in a segregated bank account. Additionally, the company explains that it will be also pegging the currency to euro and dollar accounts with the intention to improve stability and its scope.The LBXPeg will be a key player in the market providing stability and trustworthiness to investors.

LBXu

LBXu Token is a utility token in the London Block Exchange trading platform. LBXu is derived on the Ethereum ERC 20 blockchain technology. LBXu offers reduced costs for using LBX range of products and services across their retail exchange, security token exchange, payment accounts/payment card and custody services.

Token Sale

LBX token pre-sale is OPEN. The public sale will open at 12:00pm BST on Friday, December 7th. The pre-sale detail is described below:




LBX Team


  • Benjamin Dives — Founder and CEO
  • Jono Mcleod — Co-founder and Head of operations
  • Adam Bryant — Executive Chairman
  • Matt Belton — Business development and Operations Manager
  • Michail Ballis — Head of Marketing operations



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For more information about London Block Exchange (LBX), you can visit online at https://lbx.com/ or visit their Bitcointalk Announcement thread available at https://bitcointalk.org/index.php?topic=5052408.0. 



Author:
Bitcointalk Username: tpq01349
ETH Address: 0xA73fA2565C18218AC6510c8CD3B220F5794f3B84

Saturday, November 3, 2018

XendBit: Decentralized Exchange And Cryptocurrency Wallet

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Since the popularity of Bitcoin within the developed economies, the crypto-currency phenomenon seems to be gaining traction in Africa with trade activities increasing in geometrically across many African cities. However, accessibility still remains a challenge as most exchange services are designed for the elite class with many users often relying on referrals to unverified over-the-counter traders who sometimes defraud novice buyers. Further, the centralized exchanges mostly used in these African countries are susceptible to security from both external and internal culprits.

What Is XendBit?

XendBit is a decentralised blockchain platform for remittances, payments, aid disbursement, store-of-value and credit. The XendBit wallet uses bank-verified KYC and is being developed as an exchange. XendBit will be a platform to enable new blockchain-based financial services, taking advantage of the new opportunities presented by the blockchain ecosystem such as smart contracts, ICOs, crypto-loans, venture financing, and tokenization which will power digital identities, certificate registration and verification services.



How XendBit Works?

Users are expected to download the XendBit wallet by choosing one based on their device such as a wallet for Android, MacOS, or Windows among others. The user will then have to buy coins from a list of sell orders in the exchange order book. The user can now send or receive Bitcoins or other digital coins to and from other wallets.

The XendBit exchange will have updated market information allowing traders to make informed trading decisions. There will be no hidden fees as all the fees are fully disclosed. The exchange also offers instant trading with blockchain wallet signed trades. The exchange is secured with encryption and biometric security to ensure the security of the user’s data.


XendBit Features

A few features set XendBit apart from other exchanges and wallets. They include:

XendCash

Remitting cryptocurrencies and instantly transferring value in any currency anywhere in the world through instant settlements.

XendAid

Leveraging blockchain technology to empower and provide grants and disburse aid by transparent, immutable & cryptograhic processes.

XendCredit

Application of blockchain technology for financial inclusion with access to credit after account creation.

The Target Market

In Africa there exist a number of exchanges and blockchain start-ups in the crypto space, and a few are leveraging crypto-currency usage for cross-border trades and payments. The activities suggest a good time for serious players to come in, while the infrastructure for local take-off of digital assets is solid and robust enough. The liberalisation of telecommunication across the continent has enabled internet accessibility to a great extent with about 50% of the African population now having mobile phones according to GSMA. This is complemented by the fact that for the past two years, smartphone usage in the continent has doubled to reach an impressive 226 million subscribers.

The financial services industry is also positively accommodating the old and new players like MPesa, Paxful, BitPesa and Luno contributing to transaction volumes of over $100 billion within the payments and remittance space. Some of the banks are now lobbying for rights to trade crypto-currencies, though most of the region’s central banks are keeping the banks focused on traditional fiat based services. The next wave yet to impact the continent is that of crowd funding capabilities of the Blockchain such as Initial Coin Offering (ICO) and other token based initiatives.

Benefits of XendBit?

Unlike most global exchanges which are centralised, XendBit is the first decentralised digital asset exchange focusing on Africa.

Reduced Transaction Cost

XendBit features Xendcoin, which is native to the XendBit DEX. Transactions based on Xendcoin will attract lower fees.

Localised Tether Coins

As P2P trading becomes more fluid, traders can engage and settle trades faster than bank transfers or foreign TetherCoins.

Easy Bank Integration

The XendBit blockchain platform is able to integrate with most banks in Africa and beyond including Nigeria, Ghana, Kenya, South Africa and Rwanda.

Token Sale

The initial Coin Offering (ICO) will be based on XendBit native token, XENDTOKEN. XendToken (XTN) is being offered as ERC20 tokens on the Ethereum blockchain. There will be a total 100,000,000 XTN tokens (out of a total of 200,000,000) for a capital injection of $15,000,000 softcap and $20,000,000 hardcap. 

The private sale will end by the start of the presale on December 1, 2018 and will require a 1.25 Ethereum minimum contribution. All bonus structures will be decided and published before the public presale.

The public presale will end by January 2nd, 2019 and will be followed by the public sale and Initial Coin Offering (ICO) on 3rd Jan 2019, which will end either when the target is reached or on February 15, 2019, whichever is earlier.

Token Distribution
  • Private sale and presale 20%
  • Distributed by crowdsale to the public 30%
  • Reserved for blockchain ventures 10%
  • Founders and angel investors 30%
  • Bounty 4%
  • Advisers and Partners 6% 


For more information about XendBit Decentralized Exchange and Cryptocurrency Wallet, kindly refer to their contact details listed below:


Author: Tpq01349

Friday, November 2, 2018

DEEX : New Decentralized Cryptocurrency Exchange

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Deex is a decentralized platform which provides individuals a reliable and convenient way to quickly trade, buy or sell cryptocurrencies with help of the most popular payment methods for the fiat currencies available in the country of his/her residence.

Deex decentralized ecosystem is based on the BitShares 2.0 platform. The goal is to create a platform that replicates the features and functionalities of centralized exchanges without their major shortcomings, including security threats, unfair competition, dangers of sanctions, political factors, and more. BitShares 2.0 allows for 100,000 transactions, for example. It also allows for the creation of smart contracts.

Today’s centralized exchanges, for example, are exposed to a number of risks like security threats, unfair competition, danger of sanctions, and more. These exchanges keep all customer funds and data in a single, centralized place, creating a major security threat. Over $500 million in cryptocurrencies has been stolen from centralized exchanges to date.

Deex aims to solve this problem by creating a decentralized exchange with all of thee features of a centralized exchange. Clients have complete control over their funds, while still enjoying features you would expect when dealing with the BitShares 2.0 (Graphene) blockchain, described in a Deex press release as “an extremely fast and reliable platform with not a single hacking record since its creation.”


Deex intends to create a fully decentralized exchange that can be easily used by the novice user, but also offers everything for the experienced trader. Decentralized means that there is no central authority behind or in between that determines everything and charges high fees. Something we need cryptotraders! The platform is completely decentralized and everything is visible and transparent on the blockchain. The team behind Deex has big plans for the exchange and has described all this in the whitepaper. There will be a special debit card that is linked to your Deex account and a private network of crypto payment terminals will be created.

The long-term goal of Deex is to create an entire decentralized financial ecosystem. That ecosystem includes all of the following features and benefits:

  • Modern user interface that can be used in all modern browsers. 
  • Mobile app for iOS and Android and a desktop application for the computer. 
  • Tecnical support to users 24/7. 
  • Referral program, where you can invite friends and family and earn an extra pocket money. 
  • A built-in P2P messenger
  • A decentralized, transparent blockchain fund called the Deex.fund
  • Hardware cryptowallet support for cold storage of cryptocurrencies and tokens
  • Trading robots for automatic trading
  • A platform where companies can safely conduct ICOs with the decentralized escrow toolkit from Descrow.org
  • Cryptocurrency debit cards linked to users’ wallets on Deex for integration into fiat gateways
  • An API for the integration of third party applications and services within the Deex platform
  • A network of crypto ATMs where users can exchange fiat currency for cryptocurrency in the real world
Example of the Deex Exchange

Deex is a Russian based decentralized exchange. It is led by Vladislav Sapozhnikov, the founder of Predprocessing Ltd and representative of Coinsbank in Russia. Other listed members of the team include Maya Zotova-Hess, Denis Soldatov, Yuri Milyukov, Andrey Girin, Ekaterina Tarasova, and Tatyana Maksimenko.

For more Information, please visit:

Website: https://www.deex.exchange

Bitcointalk profile: Tpq01349

Tuesday, October 16, 2018

Bitozz: Decentralized Futures & Options Trading Platform




What Is Bitozz?

BITOZZ is a trading platform, that is creating a brand new decentralized ecosystem, where traders have access to multiple trading and investment instruments, coupling this with innovative platform features, a diverse customer base will be attracted to not just come to trade on the exchange, but stay on as loyal users.

Specializing in blockchain and smart contract technology, Bitozz Exchange aims at building a network that could make - not just cryptocurrency trading - but any trading less complex and more diversified in offerings. All types of traders can find any product they like on the platform that simplifies their whole experience and gives them a chance to maintain control over the customization of that experience. Through the expansion of the choices for the users, the platform's ecosystem helps the user in making the decision on the most suitable strategy for trading and investing their assets.

How Bitozz Works?

Bitozz offers its users the freedom to hedge, speculate and diversify their portfolio. Bitozz's APIs aims to give the users a hassle-free trading experience. It will allow them to get connected to fix, binary, websocket, and third party custom APIs. This architectural design will also enable integration with banking, payment gateways and settlement.

The platform has generated the most advanced order types that facilitate algorithm trading for every type of user. The platform aims at eliminating the carrying cost by replacing it with one-time fees just as it happens in spot trading. The BITOZZ exchange is not limited to just the derivatives products but also offers a one-stop shop solution.

Bitozz Benefits

Advanced Order Types

The platform entails advanced order types that quickly and efficiently enable algorithm trading on the platform. The trading can be in cover order, multiple orders, or bracket order.

Hedging

The platform allows its users to easily speculate and diversify their portfolio through the various product offerings that are available for use.

Quick Trade Execution

Users can quickly and precisely execute trades through the platform's exclusive ‘Point-and-Click' trading interface that is ladder based and highly effective.

No Carrying Costs

The platform allows its users to leverage up to twenty five times more without them having to incur carrying or funding costs. This makes it very affordable and easily sought after.




Bitozz Token (BOZZ)

The platform's tokens called the BITOZZ tokens operate on the Ethereum blockchain. The token features include 10% of the profits accrued being shared monthly as dividend to token holders and 10% used to buy back and then burn the BITOZZ tokens. The tokens can also be used as collateral on the platform for fiat loans. Token holders get discounted fees structure upon using the BITOZZ tokens.

Bitozz ICO Details

Token Name: Bitozz
Token ticker: BOZZ
Platform: Ethereum
Type: ERC20
ICO Price: USD 0.03
Accepted payment: ETH, BTC
Total taken supply: 512 million
Soft cap: 4 million USD
Hard cap: 6.34 million USD



Useful Links:

Website:https://bitozz.com/home
Whitepaper: https://bitozz.com/pdf/Bitozz_Exchange_White_Paper.pdf
Twitter:https://twitter.com/BitozzExchange
Facebook:https://www.facebook.com/bitozzexchange/
Telegram:https://t.me/bitozz_exchange
Ann thread:https://bitcointalk.org/index.php?topic=5036305.msg46088103#msg46088103


Bounty0x Username: jokowaru


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