(ICO) ENCRYBIT: A Promising Token for a Trader Friendly Digital Money Exchange
Currently, there’re more than 2200 Alt Coins in the world now. It’s certain that the use as well as the adoption of digital money will grow. Digital money exchange allows digital asset users to be capable to deal one digital money for another.
There’re over 250 digital money exchanges in the world now. The statistic of the research seems quite clear, most of the digital money dealers have many accounts, and this occurs because of dealing pairs secrecy, and less liquidity, hence, digital money dealers have to sign up on many digital money exchanges. This is an extremely annoying condition, making the dealing experience an actual nightmare sometimes.
While content is fine, a lot of digital asset dealers would wish a platform where they can get entire their desired functions in one page. The wish to make a money exchange that achieves this is what gave a birth to ENCRYBIT digital money trading exchange platform.
ENCRYBIT is an upcoming Alt coin exchange which plans to provide wanted features to crypto asset traders. A few of the features include alert on coin movement, technical analysis tools, paper trading, latest news feature, social trading, profit/loss reports, digital coin specific chat groups and many – many more.
To raise funds and manufacture a community for the ENCRYBIT project, the platform is launching an ICO sale and introducing the token (ENCX), The ENCX token will be applied on the money exchange platform to pay trading charges by users, as trading payments will be discounted when they’re paid with ENCRYBIT tokens. This utility worth for the token is expected to drive demand for the ENCRYBIT token.
As the crypto-coin industry matures, it’s essential to have reliable and suitable platforms where crypto coins can be traded.
Brief information into the ENCRYBIT ICO
When will the ENCRYBIT crypto money exchange be available?
A test start one of the ENCRYBIT platform is due to take place in Q-2 2019. The ENCRYBIT platform is expected to be completely live by Q-3 2019.
When is the ENCRYBIT ICO?
The private sale and presale are planned between Oct and Dec 2018. The open sale is expected to take place between Jan to Mar 2019.
Is KYC registration essential for ENCRYBIT token sale?
Yes, KYC is compulsory for members of the ENCRYBIT token sale.
What are the ENCX token metrics?
The token is an ERC: 20 ETH token. It has a whole supply of 270 M tokens. Half of total supply will be available for ICO token sale. The token cost at ICO sale will be $0.2.
What are the hard cap and soft cap for the ENCRYBIT token sale?
The hard cap is at $32.4 million, while the soft cap is at $5.4 million.
How will the ENCRYBIT tokens be distributed?
50% will be allocated via the ICO sale, 10% will go to the founders, 10% to early investors, 11% will be held by ENCRYBIT, 5% to the team, 10% will be allocated to ongoing expansions, 2% for referrals (and bounty plan), and 2% for the consultants.
How will the assets from the ENCRYBIT ICO be spent?
30% of the assets will be spent on the expansion of the platform, 25% on marketing, 15% on security and audit, and 13% on lawful and compliance, 15% on support and administration, and 2% will be kept in reserve.
When is the ENCRYBIT Private sale?
Private sale of ENCRYBIT is taking place on November 1st, 2018. Be the part of this world-shattering trading platform. Get white listed now at https://encrybit.io
Learn more about ENCRYBIT via the following:
• Website: https://encrybit.io/
• Whitepaper: https://encrybit.io/pdf/encrybit-wp-v1.pdf
• Telegram: https://t.me/encrybit
• Twitter: https://twitter.com/enbofficial
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