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Topic: ⚡🚀⚡PRE-ANN: XBrick - World-class crypto currency exchange ⚡🚀⚡ - page 16. (Read 3223 times)

newbie
Activity: 87
Merit: 0
Very nice! A new exchange!
I will join telegram and hopefully this becomes successful like Binance!  Grin
Despite we have also successful currency exchange like binance today ,,but I'm also excited and interest to run the market as world-class cryto currency exchange in the word of cryto,, and see the difference between  of us,Although some of viewers  here will also doubt about the figures of security,between the user of  xbrick and this is a big challenges to tumps-up! both of us,,,
newbie
Activity: 112
Merit: 0
Quote
Just like you i'm still trying to understand hard the concept of "Global Consolidated Order Book" XBrick sports.

seems they are going to have a larger platform, this is not just about trading after all.
i think they are aiming for a sports betting site also!
If this happened Xbrick will be a big thing then.
token holders are not just having it for trading or fees, they will also use the token for betting.

i am not 100% sure of this! just thoughts!

It is only your speculation dude  to make this platform become a larger exchange site. But it maybe or maybe not to make it happen. And I think

all ico project are aiming to this kind of goal which is to become one of the larger exchange in crypto world. It has a high-performance trading

engine of XBrick is capable of processing more than 2 million orders per second. XBrick is building a secure, stable and convenient global

crypto currency exchange.


Are you saying gidcoin that you are hoping that the other projects will cooperate or have partnership with the xbrick in the future?
newbie
Activity: 112
Merit: 0
Hope to cooperate with us in future.

IF BOTH PARTIES GET THEIR SUCCESS IN THE FUTURE,
ICO finish and great sales ahead.
collaboration of this two project will be a big leap in crypto community.

*supporting*

That's right all.of the exchange project wants to have a larger exchange site and as what as the xbricks platform that has a more secure features and also has a characteristic that can procees a million orders
i think that it is more better than the other.
newbie
Activity: 126
Merit: 0
The xblock wants to increased and have a more clearer rules and regulation to the crypto currencies and its exchanges.
The xbricks wants the cryptocurrency industry to have a good and stong governance  to the crypto world.
I wonder how many Cryptocurrency pair to USD,BTC,ETH and their own token. I'm very confident that they will easily reach the hardcap coz this is a very exciting exchange platform and from the word itself World class crypto currency exchange. I hope by next year the overall traders could reach 1B volume.
Many exchanges have a complicated process to verify users and a long registration approval process. Many of them are unable to respond quickly to customer inquiries or important issues. I can't name them but some of them are big exchanges and well known platform, I hope the customer service are open 24/7 in the next few months coz the whole crypto will having a mass adoption.
They already have their FAQs page containing the basic stuff that's very useful for those who are new into trading. They currently only have email support where you can submit requests as well as attach files/photos in case needed.

Heyya guys!

Did you know that back in Nov 2017, reuters made an article on XBrick?

The article title aplty stated "Plowing the Blockchain Industry", Plowing is a big word here.

You see plowing is a basic requirement to grow better crops.  For reuters to decide to describe what XBrick is trying to do then it means that XBrick is on to something really fresh and new.

Cryptocurrency exchanges has been around, but XBricks is adopting to changing times, and that is a cutting edge.

I am.supporting also the platform of xbricks project because the partnership of the xbricks will help the project to reach their success in the launching of the ico.
sr. member
Activity: 1190
Merit: 253
In what way "Xbrick" name relevant to its purpose, since it was an exchange? Does Xbrick will similar to building of blocks? I don't think it is an ideal question but most of the time, we need to know what are the significance of a certain project. If I will buy XBC (Native Coin of Xbrick), what are the benefits that I will get?

It's not all about the name of the token or the project but the services and the vision it wants to achieve in the cryptocurrency world.
Just remember the saying "Don't judge the book by its cover". The only thing matters are what this project trying to achieve.

what ever happen to the project even they have successful ICO,
what important is to gather more users to be on their platform.
this is very important as this will be the foundation of their volume.
can we use XBC as a transfer fee? like BNB to get 50% discount.

i think that the ICO of the xbrick project will be successful to their launching soon, because of their platform on which we can now know when is the right time for exchanging and trading.
Gathering more users should be a priority for an exchange platform, since they earn from trading fees and withdrawal fees. They should develop a good marketing strategy to encourage more users to trade in their platform. I think the launch of the XBrick coin will be successful since they already have users trading now and they ware future investors of the coin because they would want to avail the perks of using it.

I guess XBrick already considered allocating budget for marketing movements both locally and globally to gain more users to use their exchange platform. And you are right, the fact that XBC coin offered a lot of discounts and perks more investors and cryptocurrency users will be interested in it.
newbie
Activity: 42
Merit: 0
"World-class Crypto Currency Exchange- Xbrick Exchange"
An exchange platform came from Sydney, Australia where the core members are previously senior position at various ASX listed entities.

The platform of Xbrick Exchange is quiet simple. But because of its simplicity, it can solve the real problems that the traders facing off in exchange such as security and liquidity.
I think it is the answer to our prayers, to have a better exchange in the world of crypto currency now. We all know that there are lot of exchange out there and only a few of them is we trusted, and now there are additional one whom i think that make us safe and secured after using it.

as long as we are not having this for a daily trading.
we can't be sure of the security they have.
they will have your information and some tokens on their website.
they were not attacked yet.
many big exchange has their security tighten but still got hacked.
I remember what happened in etherdelta recently. A lot of user lose their money in that exchange because the core system of ED was intercepted by the hackers. I think every Exchange has its own weakness and we should always be ready with our funds because a lot of them are not secured.
Absolutely! We cannot tell how secure an exchange has, even all of exchanges have security features. We can't tell when and how hackers destroy the system of an exchange because even the strongest algorithms can crack by genius hackers. We don't know how are funds secured in an exchange. All of them are possible in hacking, but I think Xbrick Exchange will become the safest exchange someday since the team developers of this project have already experienced in cryptocurrency.
We cannot sure if Xbrick Exchange is really safe unless it will run for atleast 5 to 10 consecutive years without any interception of hackers. I believe that there is no assurance in an exchange, and if it were so, it is just 50%. In other words, we can't hide and secure using internet.
There is no guarantee that the system is 100% safe. The advantage of XBrick compared to other systems is that they actually enumerated all the risks involved with creating an exchange platform and cryptocurrency. They identified the risks, which mean they know what they are dealing with.

"XBrick platform is designed to create a secure, reliable and efficient exchange for high quality blockchain-based assets. As an example, XBrick’s high performance trading engine is capable of processing more than 2 million orders a second." As quoted from the whitepaper.

With the high performance trading engine used by XBrike, I'm sure they are able to come up with a high level of security and firewalls to avoid hacking of their system from inside and outside the company. Security measure are sure put in place for trading engine and system similar to XBricks.



XBrick actually acknowledges the risks involve in crypto currency exchanges. As such they have actually set out the risk involved in buying XBC.
If XBrick is attacked, some of the XBC tokens or other digital tokens may be stolen. XBrick has advanced cyber security measures and uses a top-tier cloud server provider and, in addition, XBrick uses cold storage to store most of the exchange tokens. However they themselves acknowledge that this measures may not be sufficient and informs its investors the risks of making investments. Every investment has its own risk and this is just reasonable for XBrick to point out.

I totally agree with you on this. Every investment surely has its risk and reward. I am actually observing our local stock exchange for listed corporation and just last week almost all major companies made a dive in stock value per share. I am planning to buy some shares of stock so I'm still observing what will happen this week. I believe that in every chaos there is an opportunity and as they say, the higher the risk, the higher the reward is. It is good for XBrick to be transparent to its investors and I believe that many people reading this forum are aware with the risk and reward of crypto currency specially with the popularity of Bitcoin since last December 2017. I'm looking forward to XBrick's success as well.


On XBrick whitepaper , a disclaimer was written that Xbrick expressly disclaims all responsibility for any direct, indirect or consequential loss, damages, costs or expenses of any kind. This is why investors should have due diligence to make their own research before investing on any ICO as what tokens carry no rights and do not represent or grant any ownership right, share or security.


Well almost all companies that conducted their ICO has a similar disclaimer on their whitepaper. Remember, crypto currencies are decentralized digital money. ICO's are intended to raise funds similar to corporation having their IPO. But unlike IPO, ICO's have higher risk since it is not under the Securities and Exchange Commission or similar government organization of different countries. Some are actually taking advantage of this and just put the disclaimer simply saying, buy at your own risk.

so true , all icos have written disclaimer to protect the people behind the project incase something goes wrong or the when project do not materialize. All the risk are just being shouldered by the investors and all the team and developers are free and happy to walk away.
member
Activity: 65
Merit: 10
"World-class Crypto Currency Exchange- Xbrick Exchange"
An exchange platform came from Sydney, Australia where the core members are previously senior position at various ASX listed entities.

The platform of Xbrick Exchange is quiet simple. But because of its simplicity, it can solve the real problems that the traders facing off in exchange such as security and liquidity.

I believe that Xbrick exchange platform is not that simple as you think. It can accept and process 2 Million orders per second. That is not just simple but a huge computing power. I just hope that this is not too good to be true project since most of too good to be true projects do fail.

May i see the official website of the xbrick project? Where can i see their website? I want to see how the website of the xbrick project  works.
If there is a bugs the Dvelopers will surely fix it, for the site to become more smooth when being operated

Here is a link for their website https://xbc.xbrick.io/. For registration try this link https://i.xbrick.io/e/4923F480. You can actually get free coins by joining their platform and participating in some activities there. Hope this helps.

This is good you can also get their tokens by doing some activities on their website.
What requirements do they need? Email, phone number? I'll try to check it later to get some of this token.
newbie
Activity: 43
Merit: 0
This is a new exchange platform and wants to be a world-class platform. I think the exchange platform is now very much, what is the uniqueness of your platform? to be able to compete with other platforms. the exchange plan for fiat is also available besides the dollar? Good luck
jr. member
Activity: 161
Merit: 2
Billions of dollars across the country can be lose if the internal security of an exchange is not secured. Xbrick will build an exchange that will protect its traders/investors' funds from hackers. Many exchange are being hacked because of lack of security. Cryptocurrency world are now getting bigger. So a secure and private crypto exchange is one of the thing we really need.

You're absolutely right about that.XBrick features Secure high -performance system that means cryptocurrency exchange will be secure and reliable thus protecting users from possible hackers. It also offers a more than two million per second high-performance order matching system that provides for high reliability, high performance, strong security, extendibility, and easy maintenance. This is really something that users really need.

what is the security that they will provide for you to be sure that you are safe?
is it tested? if it is! is there an issue of an atack?
NOTHING right? we cant be sure unless they launch it but preparing for it is the best for now.

Once you are targeted for a hacking attack their will always be a risk. I think that most of the existing companies has suffered from this. XBrick will surely have their own safety measures for their system.
jr. member
Activity: 238
Merit: 6
Some people live their dreams...destiny passes by.
"World-class Crypto Currency Exchange- Xbrick Exchange"
An exchange platform came from Sydney, Australia where the core members are previously senior position at various ASX listed entities.

The platform of Xbrick Exchange is quiet simple. But because of its simplicity, it can solve the real problems that the traders facing off in exchange such as security and liquidity.

I believe that Xbrick exchange platform is not that simple as you think. It can accept and process 2 Million orders per second. That is not just simple but a huge computing power. I just hope that this is not too good to be true project since most of too good to be true projects do fail.

May i see the official website of the xbrick project? Where can i see their website? I want to see how the website of the xbrick project  works.
If there is a bugs the Dvelopers will surely fix it, for the site to become more smooth when being operated

Here is a link for their website https://xbc.xbrick.io/. For registration try this link https://i.xbrick.io/e/4923F480. You can actually get free coins by joining their platform and participating in some activities there. Hope this helps.
newbie
Activity: 71
Merit: 0
Xbrick will be selective on the tokens that they will introduce on their platform.

Only the strong and have a huge potential will be on Xbrick's Exchange. Correct me if I'm wrong.

They will also include other tokens to be listed on their platform.
I also see in their whitepaper that everyone can recommend any good tokens to be listed.

Quote
Everyone is welcome to recommend quality token listings
or token sales. From time to time, XBrick runs token voting campaigns for the
BITCNY marketplace, where all our users can nominate their favorite tokens to be
listed.
full member
Activity: 1190
Merit: 111
XBlock expects increased global regulation of crypto currencies and the exchanges on which they trade. XBrick welcomes such increased regulation which is likely to enhance the market position of sophisticated platforms that exhibit strong corporate governance.

This what we expect with XBRICK, they will be new player in the market.
they need to be ready for the future changes.
they have seen so many regulations all over the world, they need to engage on that and much better if can.
jr. member
Activity: 210
Merit: 4
"World-class Crypto Currency Exchange- Xbrick Exchange"
An exchange platform came from Sydney, Australia where the core members are previously senior position at various ASX listed entities.

The platform of Xbrick Exchange is quiet simple. But because of its simplicity, it can solve the real problems that the traders facing off in exchange such as security and liquidity.
I think it is the answer to our prayers, to have a better exchange in the world of crypto currency now. We all know that there are lot of exchange out there and only a few of them is we trusted, and now there are additional one whom i think that make us safe and secured after using it.

as long as we are not having this for a daily trading.
we can't be sure of the security they have.
they will have your information and some tokens on their website.
they were not attacked yet.
many big exchange has their security tighten but still got hacked.
I remember what happened in etherdelta recently. A lot of user lose their money in that exchange because the core system of ED was intercepted by the hackers. I think every Exchange has its own weakness and we should always be ready with our funds because a lot of them are not secured.
Absolutely! We cannot tell how secure an exchange has, even all of exchanges have security features. We can't tell when and how hackers destroy the system of an exchange because even the strongest algorithms can crack by genius hackers. We don't know how are funds secured in an exchange. All of them are possible in hacking, but I think Xbrick Exchange will become the safest exchange someday since the team developers of this project have already experienced in cryptocurrency.
We cannot sure if Xbrick Exchange is really safe unless it will run for atleast 5 to 10 consecutive years without any interception of hackers. I believe that there is no assurance in an exchange, and if it were so, it is just 50%. In other words, we can't hide and secure using internet.
There is no guarantee that the system is 100% safe. The advantage of XBrick compared to other systems is that they actually enumerated all the risks involved with creating an exchange platform and cryptocurrency. They identified the risks, which mean they know what they are dealing with.

"XBrick platform is designed to create a secure, reliable and efficient exchange for high quality blockchain-based assets. As an example, XBrick’s high performance trading engine is capable of processing more than 2 million orders a second." As quoted from the whitepaper.

With the high performance trading engine used by XBrike, I'm sure they are able to come up with a high level of security and firewalls to avoid hacking of their system from inside and outside the company. Security measure are sure put in place for trading engine and system similar to XBricks.



XBrick actually acknowledges the risks involve in crypto currency exchanges. As such they have actually set out the risk involved in buying XBC.
If XBrick is attacked, some of the XBC tokens or other digital tokens may be stolen. XBrick has advanced cyber security measures and uses a top-tier cloud server provider and, in addition, XBrick uses cold storage to store most of the exchange tokens. However they themselves acknowledge that this measures may not be sufficient and informs its investors the risks of making investments. Every investment has its own risk and this is just reasonable for XBrick to point out.

I totally agree with you on this. Every investment surely has its risk and reward. I am actually observing our local stock exchange for listed corporation and just last week almost all major companies made a dive in stock value per share. I am planning to buy some shares of stock so I'm still observing what will happen this week. I believe that in every chaos there is an opportunity and as they say, the higher the risk, the higher the reward is. It is good for XBrick to be transparent to its investors and I believe that many people reading this forum are aware with the risk and reward of crypto currency specially with the popularity of Bitcoin since last December 2017. I'm looking forward to XBrick's success as well.


On XBrick whitepaper , a disclaimer was written that Xbrick expressly disclaims all responsibility for any direct, indirect or consequential loss, damages, costs or expenses of any kind. This is why investors should have due diligence to make their own research before investing on any ICO as what tokens carry no rights and do not represent or grant any ownership right, share or security.


Well almost all companies that conducted their ICO has a similar disclaimer on their whitepaper. Remember, crypto currencies are decentralized digital money. ICO's are intended to raise funds similar to corporation having their IPO. But unlike IPO, ICO's have higher risk since it is not under the Securities and Exchange Commission or similar government organization of different countries. Some are actually taking advantage of this and just put the disclaimer simply saying, buy at your own risk.
newbie
Activity: 33
Merit: 0
I know some exchanges practices there are some tokens that are very well known in the community, especially on telegram and twitter. They offer votes for the community and put a # on it to help the company to get listed on an exchange, were in Xbrick From time to time, they will select crypto currencies that considers to be high quality to be listed for trading. XBrick may charge a listing fee.
ok got it! but did you know that Xbrick offer trading fees for each executed transaction? This trading currently ranges from 0.10% to 0.15% of the executed
amount. Different fees are applied according to whether the order is maker or taker as well as the trader’s VIP level.

That's quite high for me some exchanges trading fee ranging 0.01-0.05%. Well this is new exchange i guess they will decrease that fee in the future. And by the way are you guys in favor if Xbrick could have an ICO again? i mean to promote the exchanges just like yobit have right now.

Traders would be able to get a lower trading fees on the XBrick platform by using XBrick Coin (XBC). Xbrick will provide holders of the token a 50% discount on the trading fees associated with use of the platform when XBC is utilized to pay those trading fees. This is also a way to ensure that as XBrick platform own coin XBC will grow over time.
Well, it means that to make more discount of using XBrick exchange, first you must need to have their native token which is XBC am I right? Well it sounds like you will need to use their token to make the transaction cheaper than using other token.

yes you are right, Xbrick will have their own token called XBC, and by using XBC as payment traders will only pay 50% of trading fees. This is a good way to encourage the traders to use XBC token and also a way to boost the Xbrick platform.
So, the investors and traders that will use XBrick will need to buy now an XBC or the native token of the XBrick so that they will benefited of the 50% discount when they transact in the trading, what a nice idea of XBrick to buy also their token.
yes you can, XBrick Coin (XBC) Pre-sale officially started last May 11th 2018. ETH is the primary accepted token for this Pre-sale and all XBrick KYC compliant customers may purchase XBCs through the “Tokensale” section of Xbrick main website www.xbrick.io .

newbie
Activity: 224
Merit: 0
Maybe I've gotten the wrong end of the stick, but what's the point in creating centralized exchanges anymore?
Personally, I'm not a big fan of DEXs, so I'll be happy with more Centralized exchanges with liquidity.
So if Xbrick can provide the liquidity, I'll follow. It's more usually a little more user friendly for not so experienced traders like me Smiley
They are expecting central banks and gov'ts to be stricter with regards to cryptocurrency exchanges and are incorporating procedures that they expect would be part of new regulations that will be formed:
Quote
The future of the crypto currency market is likely to be governed by stricter anti-money laundering (AML) regulations. As a result, those platforms with well-established AML procedures could be in much better position to be granted such licenses once they are put in place by the respective governments

XBrick is looking forward to the future where crypto currencies are somehow centralized, or has been addressed by local governments by implimenting stricter AML as stated above. If this really happens, people will not have a choice but to use platform similar to XBrick. I think many of those who believe in Bitcoin will disagree with this since it defeats the purpose of creating a decentralized currency.
jr. member
Activity: 67
Merit: 1
Xbrick will be selective on the tokens that they will introduce on their platform.

Only the strong and have a huge potential will be on Xbrick's Exchange. Correct me if I'm wrong.

Well they XBrick will be having DYNAMIC LIQUIDITY PROVIDING ENGINE which they say that will be helpful to new listed tokens. I don't understand it that much but I believe they are pertaining to new tokens generated by new projects similar to this.
jr. member
Activity: 126
Merit: 2
"World-class Crypto Currency Exchange- Xbrick Exchange"
An exchange platform came from Sydney, Australia where the core members are previously senior position at various ASX listed entities.

The platform of Xbrick Exchange is quiet simple. But because of its simplicity, it can solve the real problems that the traders facing off in exchange such as security and liquidity.

I believe that Xbrick exchange platform is not that simple as you think. It can accept and process 2 Million orders per second. That is not just simple but a huge computing power. I just hope that this is not too good to be true project since most of too good to be true projects do fail.

May i see the official website of the xbrick project? Where can i see their website? I want to see how the website of the xbrick project  works.
If there is a bugs the Dvelopers will surely fix it, for the site to become more smooth when being operated
newbie
Activity: 13
Merit: 0
Xbrick will be selective on the tokens that they will introduce on their platform.

Only the strong and have a huge potential will be on Xbrick's Exchange. Correct me if I'm wrong.
member
Activity: 85
Merit: 10
Quote
Despite not being regulated by Australia’s anti-money laundering and counter-terrorism
financing regulations, XBrick has pioneered an advanced anti-money laundering
ID verification system to prepare for potential regulations. We put significant effort
into ensuring our ‘know your client’ process complies with all existing legal requirements.
The ID verification system utilized is cutting edge as XBrick has designed appropriate
ID checks for users that take into account source country local identification documents.

How can we know that we can trust the KYC of this platform?
Will they have enough crew or people that will handle the KYC registration?

According to the Whitepaper, they will have a high priority for the new users to experience the platform with ease.
I think the registration will be automated and be saved on their database and have verification online.


Quote
User experience is a high priority for XBrick so our website is straightforward for new
users to register and use. New users can fill out their personal information online and
the system will connect to global databases and run real time verification online. The
entire registration and verification process could be completed in as little as 5 minutes.

member
Activity: 90
Merit: 10
Quote
Despite not being regulated by Australia’s anti-money laundering and counter-terrorism
financing regulations, XBrick has pioneered an advanced anti-money laundering
ID verification system to prepare for potential regulations. We put significant effort
into ensuring our ‘know your client’ process complies with all existing legal requirements.
The ID verification system utilized is cutting edge as XBrick has designed appropriate
ID checks for users that take into account source country local identification documents.

How can we know that we can trust the KYC of this platform?
Will they have enough crew or people that will handle the KYC registration?
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