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Topic: ⚡🚀⚡PRE-ANN: XBrick - World-class crypto currency exchange ⚡🚀⚡ - page 3. (Read 3204 times)

full member
Activity: 468
Merit: 100
Experience the Future of DeFi
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.
correct, we need to give trust on giving our personal details if we really want to use this exchange, and if we want to have this project success we can make it through giving our support on this ICO sale, hope for the success of this project to have a better service of this exchange.

KYC is needed for exchanges like this to reduce the risk of money laundering acts and can minimize the criminalization or stealing other funds from another user of the market exchange. This just to secure both the exchange and the user of the platform.

That is right. KYC is an important procedure that is a requirement by the government against money laundering. So Xbrick should really comply with this regulation to avoid any conflict with government.

Every business that are dealing with money are obliged to comply with these regulations to avoid trouble from the regulators. In fact, being a law compliant will be easy for Xbrick to get in to the market. If Xbrick will have a solid legal structure, then people will look at the business as a secure and definitely in a goin concern.

Money laundering and terrorism are the main reason why skepticism about cryptocurrencies are still a common issue. By avoiding this, exchange platforms do now require identity verification so that criminals won't be able to do their dirty job on our world.
newbie
Activity: 21
Merit: 0
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.
correct, we need to give trust on giving our personal details if we really want to use this exchange, and if we want to have this project success we can make it through giving our support on this ICO sale, hope for the success of this project to have a better service of this exchange.

KYC is needed for exchanges like this to reduce the risk of money laundering acts and can minimize the criminalization or stealing other funds from another user of the market exchange. This just to secure both the exchange and the user of the platform.

That is right. KYC is an important procedure that is a requirement by the government against money laundering. So Xbrick should really comply with this regulation to avoid any conflict with government.

Every business that are dealing with money are obliged to comply with these regulations to avoid trouble from the regulators. In fact, being a law compliant will be easy for Xbrick to get in to the market. If Xbrick will have a solid legal structure, then people will look at the business as a secure and definitely in a goin concern.
full member
Activity: 185
Merit: 100
A sports token that knows your favorite team
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.
correct, we need to give trust on giving our personal details if we really want to use this exchange, and if we want to have this project success we can make it through giving our support on this ICO sale, hope for the success of this project to have a better service of this exchange.

KYC is needed for exchanges like this to reduce the risk of money laundering acts and can minimize the criminalization or stealing other funds from another user of the market exchange. This just to secure both the exchange and the user of the platform.

That is right. KYC is an important procedure that is a requirement by the government against money laundering. So Xbrick should really comply with this regulation to avoid any conflict with government.
newbie
Activity: 75
Merit: 0
XBrick has a world-class technical team. Partnering with professional advisers and sophisticated investors, and based on a well-developed trading system, XBrick is building a platform for high quality blockchain-based assets to create a secure, reliable, and efficient global crypto currency exchange.

XBrick’s high-performance trading engine is capable of processing more than 2 million orders a second.

XBrick has teamed up with our strategic partner LiquidAlpha, who are seasoned traders and developers with more than a decade of market making and high frequency trading experiences. Together we have been developing a sophisticated technology which continuously scans and gathers tradable liquidity from channels around the world to form an easy and accessible Global Consolidated Order Book (GCOB) that displays the best market prices and depth for XBrick’s users, as well as a Dynamic Liquidity Providing Engine (DLPE) which is designed to automatically provide liquidity for our users when needed.

The XBrick team is comprised of blockchain supporters with a deep sense of social responsibility. Consequently, in addition to offering you the services set out in this paper, we will also be endeavoring to promote blockchain technology, which may include educating the public on the benefits of blockchain, hosting global blockchain forums and summits, creating university scholarships, and encouraging researchers to explore blockchain technology.

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. An area of regulation that is likely to be subject to early regulatory tightening is in relation to customer identification and the prevention of money laundering. XBrick has sought to partially future-proof its operations in this regard by implementing customer identification procedures that are greater than currently required by Australian regulation, despite XBrick not currently being subject to Australian anti-money laundering and counter-terrorism financing regulations.

Stay tuned!
More updates will be posted here...
What could there be to wait. It will only take few days for the ICO to end and your thread still remain the same. People need it most now than after the ICO. There is even no link to your whitepaper here visitors have to find it by themselves.

XBrick will go around and help educate people about crypto currencies. They intend to future proof its operations, I believe that most companies will be able to implement changes when needed. Planning in advance is good but one should be flexible also to determine what the market needs. XBrick is a good project although I have few recommendations myself to improve XBrick

XBrick token XBC will be used to promote the blockchain technology through initiatives such as educating the public on the benefits of blockchain, hosting global blockchain forums and summits, creating university scholarships, and encouraging researchers to explore blockchain technology.
What I really like on this crypto exchange is the scholarship that really needed especially those students who are diligent to have a diploma but lack financial aspect, through the help of XBrick exchange they can pursue their dreams.

They are just doing this to fulfill their deep sense of social responsibility but giving something is really something. This will really help those people who struggle in their life and wanted to have a good life. Their testimony will really make Xbrick a good reputation as well as a good example to some companies who wanted to start their ICO.

We really need to educate people not because of the profit we can gain, but also for the coming years that will change because of this cryptocurrency world. I admire how Xbrick will help the world to learn more about this innovation. This will help people to understand and be not afraid about this change.

it's generous they would offer scholarships, it is right to invest on those people who are willing to support the mission of the cryptocurrency and blockchain. More people should be trained not just to develop the blockchain and certain coins, but also to help strengthen the security and defense of cryptocurrency.

To help build a strong community in the world of crypto, it is good to know that there are groups of people like Xbrick who are willing to help to educate those people who don't know more about cryptocurrency. If people are being well-educated about cryptocurrency, then the negative impression by many will be gone.
newbie
Activity: 151
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,,,
Well, we will see if this crypto currency exchange is really a world class in terms of their performance, although there are other exchange that is nice in their services that the traders really want, i hope the XBrick will show more than that.

Xbrick platform will face many competitors in this industry. Aside from that there are a lot of boigger exchange out there such as Poloniex,

bittrex, and binance that can be consider as one of the biggest and well known exchange site platform. But let's see what xbrcik can do about

this besides the only which will approve by the xbrick are those coins that has a high volume market in this industry.

With thousands of coins are already in the market, we really need a big exchange like Xbrick. We know that there are already big players in the market but I believe Xbrick will be able to compete with them. A healthy competition indeed.

Competition is good in business as it tends to lower the prices. I hope XBrick will offer lower transaction fees compared to the competitors. If they do this I'm sure many crypto traders will use XBrick exchange platform.

I strongly agree. As many exchanges available in the market, trading fees will maintain its lower price. If Xbrick will be consistent on offering lower transaction fees and its platform is as good as other major exchanges, then many people will be their loyal customer.
member
Activity: 183
Merit: 10
https://vulcanforged.com/
Today, we are struggling to work for a strongly build trading platform. Because crypto users want a secure exchange platform to store tokens and make crypto trading. Cryptoverse grew very quickly with huge amounts of money coming in. Xbrick will provide a higher level of security. Xbrick will use cold storage wallet in keeping users' fund in safe.
sr. member
Activity: 854
Merit: 252
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..


That's right in every projects support of the people.is very important fot the company to succeed
Because the people are.the ones who will.invest to every of the project platform. So i want to witness and also.support this xbrick project

So far in my experience of participating in different ico, I don't see any bad things happen when I passed my KYC to their website then so far

so good. Meaning they really keep it in a safety place our private information. So I think xbrick will do the the same thing for what other

exchange did.
sr. member
Activity: 1190
Merit: 253
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, if that's there basis for sure the quality of each coins that will be list on xbrick exchange platform will become highly potential in the near

future. and it could be like in the future same as the bigger exchange like Bittrex, kucoin, binance and others.

Xbrick should be strict on letting different coins to be listed on its platform.
Because if Xbrick will only list those popular and potential coins,
it will make their exchange platform in high standard.

Well, I guess XBrick is creating a prestige impression where high-quality tokens were being traded. Having mentioned on their white paper that they will consider selecting a high-quality token from time to time. So I guess they have set a good standard for other tokens to pass their requirements. Aside from the fact that they will charge a listing fee.
sr. member
Activity: 798
Merit: 258
"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.

A 50 percent of discount? Wow! That's great to.know that the xbrick project will give at least 50%  of discount on the people who wants to invest on their project. I am.glad to hear that.



if Xbrick can make it as good as they have written it on their whitepaper, i would be making sure to invest on their token XBC. Because Xbrick performed really well in the market , XBC will surely have a good value as more users come to XBrick exchnages.


We won't know unless they properly make it. But as I see this have a good potential to be one of the best exchange
out there that are currently running. The 2 million order per second is so good as long they can apply it to their exchange.

i do also think that the xbrick's project has a very good potential unlike in any other crypto currency exchange platform because of their feature and characteristics that can process two million data and orders per second.

With this features of XBrick, this platform will surely make an edge in cryptocurrency exchange. This is really something new and fresh. For me, those changes made by Xbrick are worth a try. The best way to know the difference between the current systems and Xbrick is to try and experience it.

I agreed to your statement dude. But let see if you will still remain on your word " BEST THING " once we used the xbrick exchange anyway.

Remember, xbrick still running in the progress of their campaign. We could only say successful if the result of their ICO or token will be sold

by the community or investors.
full member
Activity: 224
Merit: 100
The announcement was published on March 14. are there any updates? You write so much about a strong team, but we can not even see it
sr. member
Activity: 868
Merit: 289
if Xbrick can develop a software that can integrate wallet to an exchanges that pretty good though .

I do not think that the KYC or know your costumers of the xbricks will lead your identification into danger
because the xbrick has already a software that is very.difficult to.hack and also the xbrick will make your identity private if you will invest to their company

Why are we afraid on KYC from Xbrick while we do KYC on our local exchange to convert our cryptocurrencies to fiat money? XBrick uses Blockchain technology to their system which is well-known that is difficult to hack. We put our trust to those systems that are not using Blockchain Technology which I think is more vulnerable for hacking.

Perhaps, its not actually they're afraid into KYC but it could be they don't have any documents needed in the KYC like Passport, Potal ID, drivers

licence or voters ID or any government ID. That's what I've been thinking about dude.
newbie
Activity: 11
Merit: 0
a new exchange to offer a fast trading,
everything will be perfect but the people in the community want to have an exchange with volumes.
this is the big wall to face. i hope they can get into it.
Volume? Not sure but it already said 2 million per second like that system can handle volumes of trade I think. They offer secure and reliable high performance system. They will be launching DLPE as well.
Well, some people don’t believe on that so high volume that can handle in just a second, but igues they can that is why they say that it is a world class exchange, and besides why don’t they try it first before they talk about against the project.

We won't know unless It is fully operatable and it launches successfully.
Iknow that the exchange is currently running and online now but I still didn't try to trade on their platform.


That's right! Once its fully operational you will surely hear something from the cryptocurrency traders feedback. I have checked their website and its running and users friendly. I've heard that XBrick exchange is currently running but I haven't tried it too. But I will try it soon for me to personally experience the new exchange platform as well.
sr. member
Activity: 910
Merit: 251
On some exchanges, stop orders can be used only to chase bull markets but XBrick’s stop orders allow traders to go bottom fishing as well. This function provides protection for losses due to pricing typos, which have been common on almost all crypto exchanges. XBrick is developing other user-friendly features for its users.

Yeah right, regarding about their whitepaper xbrick is a friendly users exchange to all users who will gonna use their platform.

Here what it says:  " On some exchanges, stop orders can be used only to chase bull markets but XBrick’s stop orders allow traders to

go bottom fishing as well. XBrick users can choose to activate the pricing protection function which will warn every time an order when

an unusual price is submitted. "
newbie
Activity: 16
Merit: 0
Quote
XBrick charges 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.

It depends on the level of Trader's Vip. They will imply a VIP accounts on their platform too ? what is the good side for being a VIP level trader on their exchange?

They are implementing 0.1 percent on their fee if you will use XBC for payment.
but you will be charge 1 percent if you will use other cryptocurrency.
Now on their website, they are already open for trades.
they are also give you 1 XBC for every 99 USDT value.
they also have a prize for those who will reach the top 10 traders.
Then what are you waiting for,buy XBC token now and you will be benefited in their good offer using the XBrick exchange. I want to use this exchange to try the good service that they implement.

I would also want to have some XBC token. I'm so excited to take advantage of the perks and privileges they offer. According to wp, some services on the XBrick platform will be exclusive and can be purchased only by using XBC. I am really curious about what other services they prepared for XBC token users aside from 50% discount for trading fees which is very interesting for me.

Yes. All of the service offered by Xbrick will be paid only by XBC. I hope there would be a referral bonus also so that a lot of users will encourage more to register in Xbrick trading platform.
newbie
Activity: 20
Merit: 0
How many coins can list in Xbrick Exchange? I don't think it can list all of the top listed coins since it needs a high amount of market cap. If ever, does Xbrick Exchange will list some NEP-5 tokens? I want to know it because some new existing exchanges are hardly to list coin alligned in NEO smart contract.

I agreed on you to that things bro.  xbricks exchange could be like some other exchange platform were in the end they didn't meet their goal

plan target. Though they have a coin listed but not that as expected have like those exchange platform who are in the top market.

But of course let see and find out what could it be after their project campaign.
You’re right we will find out after the project campaign, but it seems that they want it to be used by the investors I think they will provide a top listed coin because this is the reason that users will increase in population if they can see the coin that they want to trade is listed in the XBrick though.
Listing ALL of the top listed coins like immediately will definitely be impossible. They currently listed some of the top coins and have some new coins that are of trading value as well. They would definitely include more coins in the far future and of course they would consider those coins that are traded in volume in other exchanges. In the question of how many it can list or the system is capable of listing, since they will  be having the most advanced system and it has the highest capacity and efficiency, it might be able to list all.
There are always maximum capacity for an exchange and Xbrick cannot aggregate those existing coins and some successful ICOs. Well, it is good for me to have atleast 100 coins found in Xbrick exchange as long as we can drive our tokens smoothly to their trading website.

In addition with this concerns, xbrick is in stage of process to promote it well. Though it started from 100 coins at least, it is not bad I think

compare to others exchange who started below 100 coins listed to their platform. So for me xbrick was a good start anyway.

Well, we don’t need to base on how many coin will start this exchange to tell whether it is good or not, but the performance of it and how they fast and safety on their platform.

You have a good point there, a number of coins to start with is not just a basis for this project. As cryptocurrencies users will support and patronized a service or platform where feel they will be satisfied and secured. If XBrick can execute and prove that they will deliver a secure high-performance system as they claimed, then a listing of additional coins will just be add-ons in the future as the platform succeeds.
newbie
Activity: 56
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.

That's true! That's the reality why companies use a disclaimer for legal reasons to protect the company and decrease liabilities in case something happened beyond their control. The disclaimer also creates professional awareness to customers. I presumed that "The buy at your own risk" is being implied on this matter.
newbie
Activity: 50
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

Just like any other financial markets many will still try to create new ones to cater the emerging need in this industry. As there are lots of traders worldwide many will seek opportunities to serve this needs and for them to make it in this industry they must have an edge as compared to others. As many users want to be secured. XBrick features Secure high-performance system and this includes more than two million per second high-performance order matching system which I believe others don't have.
newbie
Activity: 69
Merit: 0
Anyone who are up for more XBRICK tokens?
they are having bounty, help to promote the project and you will be rewarded.


Quote
XBrick Exchange Bounty Program


XBrick.io Exchange Starting it’s official Bounty Program to Get Community support to promote XBrick Exchange and Candy Program.
We’ll Highly encourage Every Participants with a Valid Entry, (Spammers, Cheaters, Inactive accounts, low quality contents, will not be tolerated)


Requirement for Participants:

1: Must Join Candy Program first using this link: https://i.xbrick.io/en/
2: Get Your Referral Link (You need to use your referral link in every post, content) Using referral link will give you a chance to earn extra XBC Tokens.
3: At the time of Joining must make a post in this thread and confirim your joining. that post will be proof of authentication. and you'll be requred to give that post link in next steps.

Proof of Authentication:
Reply to this thread and post your details and the bounty program you want to participate.


Bounty Program Budget:

Around 1 Million XBC  will be Reserved for this Bounty Program.
this Bounty Program will run for a maximum 14 days.. if we get Good results we can increase bounty program duration and Rewards.



I joined this social media campaign and until now they dont have much participants.
this has 1 million tokens budget.
i am on twitter and Facebook.

Xbrick do really want to have their ICO be known all over the world.
And their marketing strategy is through social media.

Good to know that you're into social media campaign for XBrick.  If they really allocated 1 million tokens budget for marketing campaign it seems that they really want to maximize their presence through different social media platforms which is the best way to penetrate more users and to educate others about this new cryptocurrency exchange which XBrick made even better.
sr. member
Activity: 1190
Merit: 253
"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.

The risk of being hacked to your trading account is really a big thing. But then, every investment has its own risk. A new trading exchange is prone to hack since it only just begun in their operation and their system will still be in its development stage. The vulnerability of its investors is at stake as hackers are going to go after exchange account.

As cryptocurrencies grow, hackers are too aggressive to go after to crypto exchanges. So trading exchange companies should always make sure that their platform is fully updated to detect any flaws to their system right away.

Yes, you are right, of course, hackers will do everything to hack something that will give then instant money and because of the transparency, they know what will be their good target and due to anonymity, the culprit will be difficult to trace whoever he is. But if you really want to trace the culprit, you need to trace where the transactions will go but what if the money will be split into multiple wallets so the traceability will be more difficult. That is the reason why we need an exchange that is reliable and secure powered by Blockchain Technology which is really difficult to hack.
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Do all users that will sign up for Xbrick exchange are required to undergo verification process? Will there be a minimum amount of withdrawal fund before Xbrick requires to process KYC, just like Binance? Binance allows users not to undergo verification process if the allowed withdrawal fund limits only up to 2 BTC.

Honestly, I don't want KYC process. Even though they emphasize in their whitepaper that their KYC approval will only take 5 minutes, unlike other exchanges that take 3 - 5 days to process. Xbrick should really have to offer something different if they want to compete with the major exchanges right now like Binance or Kucoin. Because these two top exchange doesn't require KYC if you are going to withdraw only a small amount.
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