If you are thinking of buying Crypto for the first time, the first thing that comes to your mind is "Exchange". Until last year, "Coinbase" was the best performing exchange. The reason is the ability to buy using US dollars and supported by the US government. There are coins pegged to US dollars - USDT and Tether to give names.
Bitcoin and Altcoins' pairing with USDT on several other exchanges facilitates trading with the US dollar. As you can see, there are easy ways for US citizens to buy, sell and trade cryptocurrencies compared to other countries.
People buy cryptocurrency just out of curiosity or even accept it as online payment. However, the hottest trend now is "Cryptocurrency Trading". This helps make good money (only if you know the right steps!) Compared to stocks and forex. So, in this survey by Encrybit, which saw the participation of traders from 161 different countries, it was revealed that people in the US were most active in crypto trading.
About Encrybit
Encrybit is based in Hong Kong, the forthcoming exchange of cryptocurrency with the aim of improving existing trading process standards. We tend to present the crypto community with each component of the cryptocurrency exchange enhanced to its core. Everything is better with advanced trading features and that too without sacrificing the usability of the user interface.
Encrybit is a revolutionary platform and upcoming Cryptocurrency Exchange feature that aims to solve the existing exchange problems faced by traders. We immediately called it "Modern Exchange".
Encrybit is the latest very interesting Cryptocurrency Exchange. The plan is not to rediscover, but to strengthen the Cryptocurrency Trading Procedure. They have conducted several trader surveys. Pump traders to get information to develop a trading platform that is updated and modernized. An easy-to-use interface with advanced trading features and solving problems faced by traders now.
Encrybit has the main goal to be the first of a new generation of cryptocurrency exchanges by providing:
- A trading platform that is optimized and simplified with a user interface that is easy to use and attractive;
- Broad spectrum of technical analysis tools;
- Smart alerts;
- Profit and loss reporting;
- Multiple levels of order history;
- Multilingual support;
- Smart social trading;
- Trade prize;
- Market research and news updates;
- Broad order book;
- Transparent policy;
- Demo trading;
- Multi-tiered security;
- Special customer representative.
Security will be a top priority in Encrybit. As I said before, they conducted a number of merchant surveys to find what traders believed must be a modern exchange of cryptocurrency. With so many requests, the main concern is Security. Encrybit is developing a multi-tiered strategy when it comes to security. The company is silent about this problem, but it has signaled cold storage and some system checks are the driving force behind what should be one of the best security protocols in Cryptocurrency.
The 1st survey was conducted by Encrybit to find out what the public concerns about the current exchange platform. It is related to the problems that traders face when trading on the current exchange. The team will receive 1k + participants for this survey. This was extended to Survey 2. related to "the evolution of cryptocurrency exchanges". The purpose of this survey is to evaluate the advanced trading features of existing cryptocurrency exchanges and the preferences of traders that appear in the first Survey. The team will receive 10k + responses from 161 odd countries. Of which 8705 were male traders and 1298 were female traders.
Token details
Ticker ENCX
Token type ERC20
Accepted Currencies ETH
Bonus Program
Private Sale - 30% discount
Pre-Sale - 15% discount
Public Sale - 5% discount
Token distribution
50% - Token Sale
2% - Referral & Bounty
2% - Advisors
11% - Encrybit
10% - Founders
10% - Early Contributors
5% - Team
10% - Ongoing Development Funds
Funds allocation
30% - Development
25% - Marketing
15% - Administrator and Support
13% - Security and Audit
2% - Legal
15% - Reserve
Token Sale
ICO start date 07 Jan 2019
ICO end date 28 Feb 2019
ICO token supply 135,000,000
Soft cap 5,400,000 USD (fiat)
Hard cap size 32,400,000 USD (fiat)
Roadmap
Q1 2018: Jan, 2018 to March, 2018
Foundation Establishment
Internal Team Formation
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
Q2 2019: April, 2019 to June, 2019
Exchange Algorithm and Security Testing
Marketing, Promotions & Useful Partnership Programs
Coin Listing Registration Starts
Private Beta Test Launch
Q3 2019: July, 2019 to September, 2019
Exchange Public Test Launch and Bug Fixing
Marketing, Promotions & Useful Partnership Programs
Encrybit Exchange Live
R&D team Setup to Explore Decentralize Exchange on Compatibility and Process
Q4 2019: October, 2019 to December, 2019
Marketing, Promotions & Useful Partnership Programs
Multi Chart Feature Launch
Advance Order Summary Feature Launch
Q1 2020: Jan, 2020 to March, 2020
Chat Feature Launch
Social Trading Launch
Trailing Stop Loss Launch
Marketing, Promotions & Useful Partnership Programs
Announcement of Decentralized Exchange by R&D Team, Further Steps will be
carried out based on the Report.
Q2 2020: April, 2020 to June, 2020
Ongoing R&D to provide more Unique Functionality
Develop and Launch Features as per the Market Trend
Partnership, Promotion, Events, Marketing and whatever it takes to be on top 10 by Q2 2021.
We believe the team always plays a leading role in achieving success and we are committed to the same
If you want to know more about encrybit.io, Below are some useful links where you can find more pieces of information
Website: https://encrybit.io/
Whitepaper: https://encrybit.io/pdf/encrybit-wp-v1.pdf
Litepaper: https://encrybit.io/pdf/litepaper.pdf
Telegram: https://t.me/encrybit
Twitter: https://twitter.com/enbofficial
Author
Forum Username : andal02
Forum Profile link : https://bitcointalk.org/index.php?action=profile;u=1566211
wallet address : 0x0e73B7eB5a98731e25fcCf33919cED46a7aE0e50
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