Blockbid is a very secure electronic money exchange based in Australia that aims to facilitate the highest transaction volume for most electronic money with a single login. Blockbid is designed to help operators address three major issues; Discomfort due to having to register on many exchanges, dissatisfaction associated with coins spread in many (and potentially unreliable) exchanges and loss of investment opportunities. Exit for lost time in fund transfer between different platforms.
Blockbid aims to create blockchain exchanges based on cryptocurrency. They want to act as a serious competition against known trading floors and they are created taking into account more money than anywhere else and saving almost all the money in cold stores to stop them. Hacking capabilities In addition, the exchange will be one of the first for secure network security. Very good design While there are other ICO projects that want to make an exchange, Blockbid looks like a solid competitor. However, the disadvantage is that the letters in the case do not offer anything interesting. They allow you to trade for a limited time without losing any cost.
The main purpose
- Swap more than 1000 cents on your trading floor
- Easy access: serve new and experienced operators
- Security built from scratch
- Works under the AML / KKP Act
- Low cost, rich and intuitive platform
What problems does Blockbid find solutions for?
Surely, there are dozens of large electronic money exchange today. What distinguishes Blockbid from its competitors? How does Blockbid plan to differentiate itself from the competition? Blockbid aims to help merchants address three major issues, including:
Loss:
Operators are currently facing the inconvenience of listing several exchanges to trade in various currencies. They have to go through a separate verification process to buy a different currency.
Not satisfied:
Clients face discontent when there are currencies spread across multiple exchanges, including potentially unreliable exchanges.
Loss of investment opportunities:
Blockbid argues that experienced investors lose investment opportunities "caused by lost time in transfer funds across different platforms."
This is a problem that Blockbid listed in its press release and on its website. Of course, these issues are not as interesting as Blockbid would have you think. Unless you trade dark altcoins, big bourses recognize most of the pairs of electronic money. In addition, after depositing your money in exchange, you can enjoy fast deals.
However, Blockbid believes that this is a serious problem in the community and sees opportunities to address this problem.
Token
sales of Token Token Blockbid Blockbid (BID) starting on October 22, 2017.
The value is set to 1 ETH = 360 tabs IDB within the first week of ICO, up to 1 ETH = 300 IDB in the last week Have a minimum contribution amount of 0.1 ETH and contribute up to ETH 100 per transaction.
Blockbid has set a limit of 1 million tokens. No more than 30 million Blockbid tokens will be created. 80% of total token supplies are available in the crowd. 12% for founder and 8% for reward.
How does Blockbid block work?
Blocking tokens can be used to reduce transaction costs on Blockbid exchanges. The Token holder will receive a 100% discount on transaction fees within the first year of their operation, at a 50% discount per annum thereafter.
Card will not be used commercially. Instead, the token gives you a window of time where you can do all the trades you want to discount. 1 Blockbid token gives you a 30 minute window.
Sellers can use the trading window whenever they want. They can collect some cards to expand the negotiation window. So if you spend 6 IDB cards, you will not be eligible for a 3 hour transaction fee.
How does Blockbid Token work?
Block tokens can be used to reduce transaction costs on the Blockbid exchange. The cardholder will receive a 100% discount for transaction fees during the first year of operation, at a 50% discount annually thereafter.
Token will not be used per transaction. Instead, the token gives you a time window where you can trade as much as you want. 1 Blockbid token gives you a 30 minute window.
Operators can use that trading window as they please. They can accumulate multiple labels to expand the transaction window. So, if you spend 6 IDB codes, you will not pay the transaction fee for 3 hours.
In general, Blockbid seems to have a very ambitious goal. The company claims that the exchange can handle 1 million transactions per second. In addition, the Blockbid Cardholder does not have to pay the transaction fee. Use the Blockbid token and then accept the free transaction within 30 minutes. After the first year, Blockbid Token holders will receive 50% discount of transaction fee (set at 0.10% to start).
Finally, if Blockbid succeeds, it can be one of the most popular and successful e-currency exchanges in the world. This is a project that I think is very potential. If you are interested in this project, see the information below: Beta: https://blockbid.io/blogs
WEBSITE: https://blockbid.com.au/
FACEBOOK: https://www.facebook.com/blockbid
TWITTER: https://twitter.com/blockbid_io
Author: the lucky
My Eth: 0x7A3b0fb09628bc56997d52d9a77f3D70a23C66a6
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