Topic: BBMiner - Community Governed Staking Exchange (Read 192 times)

Sorry, we forgot to check this thread. The company is licensed for handling and exchanging crypto currencies, not securities. We will not be providing copies of the documents as to prove these claims, as any shared document can be used for fraudulent purposes by other parties.

P.S. BBMiner is a new project therefore BBT has not yet been submitted to CMC. We're currently finishing our Exchange API to submit BBMiner Exchange to be listed on CMC.

It seems that the team was scared of our questions and therefore can not write an answer even a week later.

I cannot find the details about the BBT coin, there are 2 coin with the same short form in coinmarketcap, but I'm not sure both is the right coin. Am I missing something? Or this project looks fishy


Where is the document?

Exchange license from Georgia? the first time I hear, usually Estonia  Has any company audited the exchange and the security of trading and crypto-wallets on the exchange?

Currently operating under Exchange license from Georgia (the country), same jusrisdiction. Since we are focused on building an exchange platform and most places in the world do not have very clear regulation on how they classify cryptocurrency trading, we prefer not toinclude the team section in our project details. As of now, the team is based in Taiwan, Singapore and Hong Kong. We're planning to expand our license coverage in the near future and we pay close attention to complying with international KYC and AML rules.

Project jurisdiction, team data, license availability. Can you elaborate on this?)

A traditional approach to running an exchange has been around for many years now. At their core, all the cryptocurrency exchanges on the market follow the same simple model: allowing users to exchange a currency for another currency. BBMiner is aiming to supplement it’s basic exchange functions with a way to support and boost overall token economy of all projects listed on our Exchange.

Staking
BBMiner’s unique feature is the staking algorithm that allows users to stake any assets to receive a reward. Right now this mechanism is being used to release BBT tokens to the market. The same algorithm can be used by any token listed on BBMiner. The benefits of this feature are apparent:
the projects get to reduce fluidity and take a certain amount of tokens out of the circulation to reduce speculation rates and stabilize the price
users receive additional benefits for simply holding the token
This model can also be used as a targeted Airdrop or a Lockdrop to ensure that users who receive benefits are avid supporters. It all helps to make token economy more healthy and improve the bond of a project team and their community.

Trading
We are working tirelessly to improve the trading engine and the API of our Exchange. The exchange features are designed to fulfil every need of all traders regardless of their proficiency. The Standard Exchange will be chosen by the weekend traders, and the Professional Exchange will let more sophisticated traders take full advantage of the system.

Projects
As of now there are only BBT pairs available on our Exchange. The main reasons for that are steady growth and priorities. At this stage we are releasing BBT to the market and onboarding new users who support our vision. After certain milestones are reached we will start listing more projects and expanding both trading and mining sections.

Features:
Unique token economy
Staking model
Community model
Exchange functions

Current progress:
50+ Investors across the globe
6,000,000 BBT mined and distributed
400+ Users
8,000+ USDT distributed as Partner rewards
31% of website visitors are returning visitors

Feel free to give your feedback and join our growing community: https://www.bbminer.com/