ENCRYBIT – A WISE INVESTMENT CHOICE
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.
WHY YOU SHOULD CHOOSE ENCRYBIT OVER ANY OTHER CRYPTOCURRENCY EXCHANGE PLATFORM
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;
Profit and loss reporting;
Multiple levels of order history;
Smart social trading;
Market research and news updates;
Broad order book;
Dedicated customer representation.
TOKEN AND ICO DETAILS
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 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
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
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;
ANN THREAD: https://bitcointalk.org/index.php?topic=4837693.0
BitcoinTalk profile link: https://bitcointalk.org/index.php?action=profile;u=1680409