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Topic: ⚡🚀⚡PRE-ANN: XBrick - World-class crypto currency exchange ⚡🚀⚡ - page 22. (Read 3223 times)

full member
Activity: 255
Merit: 100
https://burst.money/
If the investors will give their real documents to the xbricks' project how can they assure that their identification will be secure to the scammers and these scammers will not use their name in illegal doings?
This is just a big trick. I cannot understand why would an exchange require an identification for their clients or users. Who knows if these informations are kept private by xbrick.

Well, with their expertise. I believe they are capable of securing our personal details without anyone can see or steal. Let's just be positive and trust the team because they only want a better exchange for the crypto world.
newbie
Activity: 92
Merit: 0
I reviewed the most classified exchange and popular among all some of them have a problem or issue to tackle about their support ticket, but xbrick can solve that issue with their outstanding team and development.
Well, if that was happen I am pretty sure that the traders and investors will like this project and can refer it to their friends too if they see the good result in using this exchange.
newbie
Activity: 62
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.
Just believe the system just like any other exchange. But remember that all exchanges are 3rd party users. What i recommended is we need to get hard wallet to use or you can buy cold storage wallet like trezor/nano ledger to keep your coins safe if you have alot of tokens to keep.
Yea right the moment you keep your coins in a cold storage wallet is like you keeping your self in trouble. Xbrick Exchange is really safe to use coz they have high security platform but remember that we don't hold the system so better keep in touch with your wallet with private keys. however if they can give offer like web wallet then probably this exchange could be the next star.
Since XBrick is an exchange platform, all the hazards attached to exchange platforms are also applicable with it. All the standard advanced safety measures are probably into it but if you are not intending to trade or use you coins, just keep it in your wallet. If you intend to trade your coins, then Xbrick platform is one of the exchanges you can try.

Users should be aware that applying to purchase, and the purchase of, crypto currency tokens is subject to risks. users must  read, understand the risks involve. And if the user accepts this risk, it would mean that user will be expressly agreeing and assuming all risk in the tokens and will be agreeing not to hold XBrick, or any related party, liable for any loss, damages, costs or expenses, whether direct or indirect, consequential or special, arising in connection with the sale of tokens.

Yun Lin, Cyber Security Advisor of Xbrick, i believe he has the qualifications and expertise to protect Xbrick from possible cyber attacks or situations. he has wide experienced in accelerating innovation by adopting Enterprise DevOps and cloud-native computing, a veteran technologist, international speaker, winner of 2 security debates. He envisioned and led the implementation of an infinitely scalable cloud based serverless  telecommunications enterprise that grew a market capitalization in less than two years from AUD20 to over AUD300 million. Yun also advisor to various venture capitalists and investment funds as he brings a wealth of experience building, scaling and securing mission critical systems across multiple startups ( ntech, foodtech, proptech), telecoms (Telstra, Optus), and investment managers (Macquarie, BlackRock).
newbie
Activity: 52
Merit: 0
Xbrick is an exchange platform, how are you differ from the old and famous exchanges such as binance, kucoin and Bittrex? Do you have any deeper information regarding with your project? I will wait till your whitepaper and video will release. Thanks.
This is just PRE-ANN and no one can answer you yet rather than the moderator of XBRICK exchange. There is no update regarding with this new ICO but I already seen it in a medium and view their telegram group. As what I discovered, Xbrick will just run only for 10 consecutive days. I am bit interested because of that information, but I don't think that it will be followed by the team.
10 days of ICO? This thread was made long time ago but still, there is no update in this announcement thread. I think that Xbrick will extend their ICO because 10 days are not enough for a project to become successful. Xbrick is an exchange platform and I think it needs a big amount just to launch their exchange. The amount they needed can't be filled in just a couple of days. Maybe, this is just starting and they will announce for extension anytime.
It's just pre-sale and they divided it into two I think, it will last until 06/01 according to their site. Their project is not dependent on the tokensale. They have already launched the exchange platform last year.

If the exchange platform is already running then this is a good investment right? Some projects need to have their ICO successful before they can start the development stage of their project. Maybe this is just an additional promotion for people to use XBrick platform as well.
Well, i think thats right. One reason why they have an ICO sale is to promote their project again and make some changes wheras they will improve their project as what being stated in their platform.
newbie
Activity: 29
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.
Just believe the system just like any other exchange. But remember that all exchanges are 3rd party users. What i recommended is we need to get hard wallet to use or you can buy cold storage wallet like trezor/nano ledger to keep your coins safe if you have alot of tokens to keep.
Yea right the moment you keep your coins in a cold storage wallet is like you keeping your self in trouble. Xbrick Exchange is really safe to use coz they have high security platform but remember that we don't hold the system so better keep in touch with your wallet with private keys. however if they can give offer like web wallet then probably this exchange could be the next star.
Since XBrick is an exchange platform, all the hazards attached to exchange platforms are also applicable with it. All the standard advanced safety measures are probably into it but if you are not intending to trade or use you coins, just keep it in your wallet. If you intend to trade your coins, then Xbrick platform is one of the exchanges you can try.

Users should be aware that applying to purchase, and the purchase of, crypto currency tokens is subject to risks. users must  read, understand the risks involve. And if the user accepts this risk, it would mean that user will be expressly agreeing and assuming all risk in the tokens and will be agreeing not to hold XBrick, or any related party, liable for any loss, damages, costs or expenses, whether direct or indirect, consequential or special, arising in connection with the sale of tokens.
newbie
Activity: 12
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.
Just believe the system just like any other exchange. But remember that all exchanges are 3rd party users. What i recommended is we need to get hard wallet to use or you can buy cold storage wallet like trezor/nano ledger to keep your coins safe if you have alot of tokens to keep.
Yea right the moment you keep your coins in a cold storage wallet is like you keeping your self in trouble. Xbrick Exchange is really safe to use coz they have high security platform but remember that we don't hold the system so better keep in touch with your wallet with private keys. however if they can give offer like web wallet then probably this exchange could be the next star.
Since XBrick is an exchange platform, all the hazards attached to exchange platforms are also applicable with it. All the standard advanced safety measures are probably into it but if you are not intending to trade or use you coins, just keep it in your wallet. If you intend to trade your coins, then Xbrick platform is one of the exchanges you can try.
jr. member
Activity: 161
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.
Well, that’s true. Some of the big exchange there has already hacked but I think it is their faults and maybe they do not check their system that’s why the hackers easily hack it.
member
Activity: 518
Merit: 11
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.
Well, i am in favor because this will help again to make increase the users or the population of this crypto currency exchange and it may also be more useful, although we do not know if the fee will increase but if that was hapen maybe the user will search again and find another one.
newbie
Activity: 42
Merit: 0
I know that XBrick has its own KYC or Know Your Customer as an additional requirement in registering an account to XBrick platform. I previously don't disagree on XBRick's KYC, however the KYC will use local identification and is link to a global database based on their video right? I can't help to feel that my privacy is at risk and what if I want to remain anonymous will this mean that I will not be able to use XBrick platform at all?

based on the whitepaper, you may be asked to provide personal information to XBrick to pass an identity verification check. XBrick collects your personal information to process and administer your application and to keep you updated on the progress of the project. If you do not complete the application in full, XBrick may not accept your application. And by submitting an application, you agree that XBrick may use the information you provided on the application for the purposes set out in this privacy disclosure statement and may disclose it for those purposes to XBrick’s related bodies corporate, agents, contractors and third party service providers, including mailing houses and professional advisers and regulatory authorities..
member
Activity: 354
Merit: 11
Based upon the whitepaper, I can say that this project can run 10 days ICO because I saw in the roadmap that Xbrick Exchange Project was already started 2 years from now. Since 2016, the team had planned to make an exchange that is secure and efficient in the world of cryptocurrency. As of now, they will launch the public sale for the project. In short, this project is nearly to success. Assume that 10 day run is enough for a project like this.
A project's success depends upon its goals, if the goals of the project is SMART and if they have a concrete plan on how to achieve it. If they are able to lay out a plan or a roadmap and during the duration of the projects development you see that they are able to follow those plans without delay or problems, that would mean that the team is able to go through their plans and execute them, that they are really capable in realizing the project they are developing.
You’re right, to be a successful in their project they must need it all. We also been part of their success if we are able to support them until the last part of their ICO sale. I am looking forward for a good result of this project.
newbie
Activity: 30
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.
jr. member
Activity: 210
Merit: 4
I know that XBrick has its own KYC or Know Your Customer as an additional requirement in registering an account to XBrick platform. I previously don't disagree on XBRick's KYC, however the KYC will use local identification and is link to a global database based on their video right? I can't help to feel that my privacy is at risk and what if I want to remain anonymous will this mean that I will not be able to use XBrick platform at all?
newbie
Activity: 224
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.
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 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.
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.
jr. member
Activity: 210
Merit: 4
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.


KingZues is actually talking about listing fees ezbreezy and not applicable fees on the use of the exchange platform.

A well notable thought you have there KingZues, but i doubt that listing fees will be applied as XBrick declared that they will list the top cryptocurrencies only and not of their own choice or liking.  The graphs has to prove these cryptocurrencies are on the top and that's it, they will be listed in XBrick.

And let us remember too that listed tokens are to meet certain criteria and fulfill technical requirements before they are allowed to be traded within the XBrick exchange.

This way, XBrick gives the best financial and trading opportunities to their user by keeping tokens of best profits and value.

XBrick may charge a listing fee, but there is no rate or amount determined yet on how much will be the listing fee. Also, it will on XBrick's discretion and criteria that will determine which cryoto currencies will be considered to be listed for trading. As such XBrick should make a clarification on this first for everyones knowledge.
newbie
Activity: 62
Merit: 0
XBrick is an Australian cryptocurrency exchange. Xbrick's platform has a high-performance engine just like KuCoin exchange. It can process more than 2 million orders per second. So it is guaranteed that there is no delay in the whole process. Supports KYC for the purpose of Anti-Money Laundering regulation.

Why KYC seems to be so important? Almost every crypto exchange now requires KYC for you to be able to withdraw your funds. Personally, I am not totally in favor of it because it doesn't match the anonymity feature of cryptocurrency. I find inconvenient when I am just going to withdraw a small amount.

In order for Xbrick to operate legally in its country, it should comply with it's country's laws and regulations. One of it is the KYC of its clients. But just like you, I don't want KYC also. Because I don't know them so I don't want to trust my personal identity with them. We know how rampant identiy theft nowadays. Everyone can be a victim.

I wish they could be linient on KYC, like binance for example, those who do not submit kyc can still withdraw up to 2BTC. Xbrick could also do that to be able to attract more users since they are just starting. Xbrick still need to prove how good their exchange can be compared to other big exchanges who are currently in operation.
hero member
Activity: 1918
Merit: 564
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.

Perhaps this is a weakness of any crypto exchange, the lack of any level of guarantee for investors and clients for their tokens against hacker attacks or system breakdown.

Whereas traditional banking and a traditional trading platform offer users & clients a guaranteed percentage of their investment/asset to be returned in case of theft or any form of loss that is caused solely by the system.

I wish XBrick could look into these policy too, it will be a cutting edge advantage if they do so apart from executing all know security measures to protect the platform.
newbie
Activity: 56
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.


KingZues is actually talking about listing fees ezbreezy and not applicable fees on the use of the exchange platform.

A well notable thought you have there KingZues, but i doubt that listing fees will be applied as XBrick declared that they will list the top cryptocurrencies only and not of their own choice or liking.  The graphs has to prove these cryptocurrencies are on the top and that's it, they will be listed in XBrick.

And let us remember too that listed tokens are to meet certain criteria and fulfill technical requirements before they are allowed to be traded within the XBrick exchange.

This way, XBrick gives the best financial and trading opportunities to their user by keeping tokens of best profits and value.
jr. member
Activity: 161
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 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.

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