Cryptocurrency trading is becoming a crucial method in order to stay ahead and maximize one's gains in this market. With massive rises and falls in cryptocurrencies prices, holding a single cryptocurrency waiting for its price to go up over time, means missing out on a lot of opportunities that the market has to offer. This realization has led to the current influx of a massive number of new traders.
WHAT IS ENCRYBIT?
Encrybit is a new cryptocurrency exchange with bells and whistles. The key focus is to be secure, agile and user-friendly. It offers a streamlined experience for crypto investors and traders alike - but does not compromise on features. Encrybit users enjoy market leading tools for research, technical analysis and trading.
REAL TIME CRYPTO EXCHANGE ISSUES
According to our recent survey of 1k+ cryptocurrency traders, which can be found here on Statista, the World's largest statistical portal, some important problems with existing exchanges were raised by traders including:
- ISSUESECURITY CONCERN : Security concerns in light of past hacks.
- CUSTOMER SUPPORT : Poor customer support, e.g. for verification, registration, fund movements.
- TRADING FEES : High trading and withdrawal fees.
- INDECISIVE POLICIES : Indecisive policies on certain things creating issues for traders, it includes unstable airdrop and fork updates, unexpected changes in trading fees and exchange policies.
- TRADING REPORTS : No profit & loss reporting tools.
- FLUCTUATION : Exchange going down or hanging for hours in volatile markets resulting in huge losses for traders.
- USER ENGAGEMENT : Poor user interface and lack of features, forcing traders to expose exchange APIs to paid platforms like Coinigy
THE ENCRYBIT SOLUTION
ENCRYBIT TOKEN SALE
Encrybit team knows that having a feature enriched software would not do a complete job to attract market, there are lots of things that need attention for successful business. Encrybit is launching ICO to develop and establish the conceptual crypto exchange that will certainly change the way people trade.
ENCX is the key element of the Encrybit ecosystem, It will be utilized to administrate the exchange operations with multiple uses in various tasks and fees. ENCX will also determine the exchange revenue model with trading, coin listing, and various other activities.
We'll be utilizing three important activities for increasing ENCX token demand:
- One can utilize ENCX to encash a 50% discount on the trading fee.
- 40% of coin listing fee will be charged in ENCX.
- Every quarter Encrybit will utilize its 10% of total profit to buy back the ENCX from circulating supply. Burn process will be in action immediately after successful buyback every quarter.
There will be more activities and products Encrybit will launch which will be available for community utilizing ENCX.
SUPPLY ENCRYBITTotal supply is 270,000,000, circulating supply after the sale will be 172,800,000 and per ENCX price is $0.2. 60% of total supply is available for sale during Private, Pre and Public ICO.
TOKEN & FUND ALLOCATION
Encrybit team is passionate about the project and here is how the token allocation will work and funds will be invested in different sectors for Encrybit exchange formation.
PURCHASE PROCEDURE
To make a purchase of ENCX Tokens during the private sale, presale or public sale, you need to follow the steps mentioned below as the Token will be created and provided after you complete the relative procedure:
- Register on our website by creating a valid account. On successful registration, you will gain an access to the dashboard through which you can carry out the process of purchasing ENCX tokens.
- Provide the information as requested on the website in compliance with the KYC (Know Your Customer) and AML (Anti-money laundering) policies. This step is mandatory to proceed further. Documents required : *The KYC procedure will take up to 24 hours for verification and it may take more time in certain cases. *National ID or Passport or Driving license Selfie with the ID
- In next step, you will be asked to choose a type of currency for payment (either BTC or ETH) and set the desired amount.
- Transfer the amount to the given wallet address, and provide a valid ETH wallet address (ERC 20 supported) to receive the tokens of equal value and functionality.
- Once you complete your part of the transaction, it will be verified by the admin at Encrybit.
- Upon successful verification of KYC and transaction, the equivalent number of ENCX tokens will be shown as purchased on your dashboard.
If required by the legislation of your country, you shall certify that you do not affiliate with or represent any UN sanctioned countries. You shall provide requested document and Selfie with the ID as requested by Encrybit for conduction of KYC procedure as described in step 2 to purchase the Tokens.
All purchases of ENCX from us during the Token Sale are final, and there are no refunds. However, Encrybit may be subject to future regulatory obligations such that you may not be able to continue your participation or holding of ENCX, and in such circumstances, Encrybit may be under a duty or order to refund your contribution. If such circumstances occur in any form, Encrybit will refund your contribution in the same currency and at the same price level at the time of your contribution used to purchase ENCX.
The ENCX tokens will be transferred to your given wallet address (valid) within 45 days after the completion of ICO.
ENCRYBIT EXCHANGE VOLUME FORECAST
All the data is being captured from the coinmarketcap with real statistics of the current exchanges from beginning till date. This insights indicates hows exchanges are growing quickly and this is one of the foremost business that stand tall in blockchain World. Based on the statistics following table will show how Encrybit will create space in the competitive edge of exchange business.
The volume of trade is calculated as the average volume of the trade on crypto currency exchange. The forecast volume of trade within 12 month is 316356 BTC, which at the rate of $6500 will make almost 2 billion US dollars.
Growth of trading volume and total income of Encrybit crypto exchange.
Encrybit will open its coin listing application window before 2 months of Exchange launch with filtering the best coins and tokens to be listed on the exchange. Along with that Encrybit will also facilitate the top 20 coins for users to trade on the exchange at the time of the launch.
REVENUE MODEL
Encrybit revenue model includes the small amount of fees coming from various transaction and coin listing fee.
Certain fees to be charged while trading on encrybit exchange and this will count the revenues of encrybit. Everything is transparent and nothing is hidden.
- TRADING FEE: Initially, 0.10% fee to be charged per trade. Then gradually, the trading fee will be classified according to maker-taker, volume and promotions.
- COIN LISTING FEE: There will be a fee associated with the selected innovative coins and other assets as chosen by Encrybit.
- WITHDRAWAL FEE: A minimal amount of fee will be charged in case of withdrawal.
PARTNERS
The Encrybit team is a union of Technical Experts, Marketing Professionals and Experienced Advisors. Each one with a unique and peerless experience has a passion to work for the betterment of Cryptocurrency Trading. In past our team has worked for :
PRIVACY POLICY
Last updated: September 24, 2018We humbly request you to read this Privacy Policy ("Policy") carefully, which is administered by Incrybit Limited (Hong Kong company number 2676660) ("Company", "We"). It is subject to jurisdiction in Hong-Kong. We gather and utilize the information when the website https://encrybit.io ("Website") is accessed or the online services provided by the Website ("Services") are used.Type caption for image (optional)
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Profil Link
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