An exchange is a platform where you can, for lack of better terms, exchange one type of currency for another. Innovative and experimental tech is what the crypto space is all about. This innovation drives the space forward and makes it an exciting place to be. The crypto exchange platform has created a space where folks are able to trade fiat for crypto coins or tokens and vice versa. Of course, most online exchanges will incur a fee with each transaction that you make, so it is advisable to choose the one that best suits you. Here is the deal friends, i wll be introducing to a very exciting ICO project where i will be discussing how ENCRYBIT the first cryptocurrency exchange concentrated on building up a safe cryptocurrency trading platform, agile and user-friendly interface which aims to simplify and enhance the trading experience and also solve problems like poor user support, indecisive policies, trading reports, fluctuations, high trading and withdrawal fees and many more.


Encrybit Exchange is positioned as a cryptocurrency exchange of the future, with its intra-exchange token ENCX. I want to note that all ingenious is simple, and at times, in order to make a successful product there is absolutely no need to reinvent the wheel. It is enough to take an existing idea and improve it, freeing it as much as possible from its shortcomings. And competent development teams successfully use this rule.

The Encrybit exchange is essentially the same platform for trading cryptocurrency assets, but it would not be correct to put it on a par with the majority of such platforms, at least having read the information about it from official sources.

The magnificence of Encrybit exchange is that it is produced around the trader’s preferences, loathes and the highlights they want to have in an exchange. The trading stage gives precisely what the trader’s locale need to have in crypto exchange and in the meantime, it diminish the dangers over benefits.

Both traders and investors will be highly profited from this project. Investors will get great returns for their venture sum and the traders will have a disentangled and high on highlights trading stage to make the best out of their cryptocurrency trading.


Security will be top priority at Encrybit, they conducted a couple of trader surveys to find what traders believe should be a modern Cryptocurrency exchange. By overwhelming demand, the main concern was Security. Encrybit is developing a multi-tier strategy when it comes to security. The company is tight-lipped about this issue, but has hinted at cold storage and multiple system checks being the driving force behind what should be one of the best security protocols in Cryptocurrency.

Bells and whistles are fine and dandy, but what exactly are they? Encrybit is a research-based company, which started its project by doing vast research about traders and their sentiments about exchanges. The team is a very professional group of talent who all have earned respect in some form of the Cryptocurrency industry. It’s eclearin the surveys that I have been hinting about.

Survey 1 was conducted by Encrybit in order to know what’s the community concern about current exchange platforms. It was related to the issues traders are facing while trading on current exchanges. The team received 1k+ participants for this survey. It was expanded on in Survey 2. It was related to “cryptocurrency exchange evolutions”. The purpose of this survey was to evaluate the advanced trading features of existing cryptocurrency exchanges and traders’ preferences that came up in the first Survey. The team received 10k+ responses from 161 odd countries. From which 8705 were male traders and 1298 were female traders. You can read more about the surveys answers and demographics here.

Encrybit aims to be the first of a new generation of cryptocurrency exchanges by providing:

Optimized and simplified trading platform with an easy and attractive user interface;

A broad spectrum of technical analysis tools;

Smart alerts;

Profit and loss reporting;

Multiple levels of order history;

Multilingual support;

Smart social trading;

Trading rewards;

Market research and news updates;

Broad order book;

Transparent policies;

Demo trading;

Multi-tier security;

Dedicated customer representation.


The ENCX token is structured with a remarkable idea to expand its incentive among different cryptocurrencies. It is the core of Encrybit trading stage and the majority of the exchanges will include ENCX tokens. Traders can appreciate a unique rebate if the trading expenses are paid utilizing ENCX tokens and 40% of coin listing fee will likewise be charges in ENCX tokens.

The ENCX coin intends to become the main element of the entire Encrybit system. The use of ENCX will allow to carry out a huge number of actions related primarily to the collection of commissions and all exchange processes.

In total, the founders of Encrybit will release 270 million coins of which 172 million and 800 thousand coins will be available for sale.

The initial cost of which will be $ 0.2 per 1 ENCX.

Token Details

Token Symbol – ENCX

Token type – ERC20 Utility

Total Token Supply – 270,000,000

Token Price – $0.2

Soft cap – 5.4 Million in USD

Hard Cap – 32.4 Million in USD


Q1 2018: Jan, 2018 to March, 2018

Foundation Establishment

Foundation Establishment

Planning of Exchange Development

Launching of Internal Tools & Services

Q2 2018: April, 2018 to June, 2018

Encrybit.io Website Launch

Corporate Entity Establishment

External Team Building

Exchange Feature Prototype

LitePaper Published – English, Korean, Russian, French, Malay, Italian

ICO and Exchange Marketing

Listing of Encrybit in Major Publications

Cryptocurrency Exchange Problems Survey

Q3 2018: July, 2018 to September, 2018

Community Building

Global Promotion and Publication of Encrybit

Cryptocurrency Exchange Evaluation Survey

Launch of Main ICO Website along with Whitepaper and Prototype

Pre-ICO Bounty Programs

Q4 2018: October, 2018 to December, 2018

Private Sale Launch

ICO Goes Live Round 1 – Pre Sale

Q1 2019: Jan, 2019 to March, 2019

ICO Round 2 – Public Sale

Marketing and Promotions of Exchange

Exchange legal and compliance process

For more information, please visit the links i have provided below;

WEBSITE: https://encrybit.io

TELEGRAM: https://t.me/encrybit

WHITEPAPER: https://encrybit.io/pdf/encrybit-wp-v1.pdf

ANN THREAD: https://bitcointalk.org/index.php?topic=4837693.0

FACEBOOK: https://www.facebook.com/encrybitofficial/

TWITTER: https://twitter.com/enbofficial

MEDIUM: https://medium.com/@enbofficial

LINKEDIN: https://www.linkedin.com/company/encrybit/

REDDIT: https://www.reddit.com/user/encrybit

STEEMIT: https://steemit.com/@encrybit

Author: BrainerdPaul

BitcoinTalk profile link: https://bitcointalk.org/index.php?action=profile;u=1680409


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