Will each token have a fiat pair?

Thats is the goal, we want to offer our users more fiat pairs than they can find anywhere else.
 

At the moment Blockbid tokens provide a 30 minute window of free trading (no trading fees) on the Blockbid exchange when you cash them in.

But we are still discussing what benefits we can offer and are open to ideas. Join the discussion on our telegram channel:

https://t.me/Blockbid

Deposit limits are still set at USD$1000 per token, until final security testing is completed.

Minimum deposit amount  on the live exchange will be $100 with no maximum limit and unlimited withdrawals.

We are still in beta and exchanges need to be live and functioning to be listed on CMC.

In terms of listing we need $10k trade volume every 24 hours for a sustained period which we have not hit yet.

Due to the rarity/low supply of BID, people HODLing their BID to use on the exchange and the fact we're only listed on two decentralized exchanges (Forkdelta and Etherdelta), we're not experiencing those trade volumes.

Watch this space though we as do expect to be listed on CMC in the future.

Great! Where can I buy BID?
 


Blockbid tokens are currently being traded on EtherDelta and Forkdelta.

[/quote]

oh ok that's nice I mean it stays less complicated. I know liquidity is more important. But would there be a chance for a coin to request a fiat pair in case the coin gains traction and also volume as traders become more interest in it?

Also, I'm interested if I can pass KYC from any country. Thanks.
[/quote]


Yes we are planning on growing the pairs so will be keeping our eyes open for opportunities.

Regarding KYC yes you can pass if from any country.

We are based in Australia so covered by Australian Transaction Reports and Analysis Centre (AUSTRAC) but the exchange is international so is open to the whole world.

Yes Blockbid tokens provide a 30 minute window of free trading (no trading fees) on the Blockbid exchange. You cash them in to redeem the free trading window.

In addition to being safe and reliable way to trade crypto, our insurance policy protects our user's crypto-assets against potential cyber attack.

Thanks for you comment we are partnering with the enterprise ethereum alliance as part of a larger policy of aligning ourselves with relevant industry bodies and the Ethereum community so that we remain at the cutting edge of technological advancements.

It is not because we are against decentralization or pro status quo.

The main thing we are concerned with is making a Crypto exchange people can trust

You can use the Beta Version now sign up here - https://blockbid.io/beta

It is going to be live with fiat currency late Q2 early Q3 this year.

Not everyone we are going to choose the higher volume coins/tokens.

AUSTRAC Approve Crypto License for Australia’s First Insured Exchange 09/04/2018 London, UK

Blockbid have become only the third recipients of an AUSTRAC license, meaning we have been granted permission to legally operate as a cryptocurrency exchange, according to Australian law.

Additionally, Blockbid are pleased to announce further details of our Beta launch, which is set to go live April 16th.

Blockbid developers are committed to ensuring the best possible experience for users, whilst security is of paramount importance.

Read the full release and more information about the beta launch here:

https://medium.com/@blockbid/austrac-approve-crypto-license-for-australias-first-insured-exchange-79714ed1d6e5

You can sign up for Beta here:

https://blockbid.io/beta

Blockbid Token (BID) is now ready to be deposited, bought and sold on Accelerator Exchange.

Deposit limits on this new exchange are still set at USD$1000 per token until final security testing is completed.

Sign up here:

http://acceleratorex.com/sign_up

BID is here:

https://acceleratorex.com/BID

SIGN UP FOR EARLY ACCESS & BETA:

To sign up for Early Access on the Blockbid Exchange, visit: https://blockbid.io/beta

GET IN TOUCH:
Email: info@blockbid.io
Telegram: https://t.me/Blockbid
Website: https://blockbid.io
Signup: https://blockbid.io/beta
Submit a coin: addmycoin@blockbid.io

What do you mean exactly by "ok for us" ?

https://medium.com/@blockbid/ann-blockbid-announcement-new-affiliations-established-with-eea-and-aicc-3abcc544c604

New affiliations established with EEA and AICC

Blockbid announces that it has officially joined the Enterprise Ethereum Alliance (EEA), the world’s largest open source blockchain initiative with over 250 membership companies. Blockbid’s aligning with the EEA follows the pursuit of supporting the adoption of Ethereum into the enterprise, alongside a consortium of high profile influential organizations. The objective that each company’s distinct approach and capabilities, together will further boost industry innovation.

https://entethalliance.org/
Continued affiliations with associations such as the EEA and the AICC will aid in advancing our progress here at Blockbid, establishing ourselves as key players in the global cryptocurrency community.
Furthermore, our acceptance into the Australian-Israel Chamber of Commerce (AICC) will help us promote the integration of Blockchain technologies into the mainstream and this will be advanced through current reputable trade routes.

http://www.aicc.org.au/index.cfm
The AICC’s national membership exceeds 1,000 of Australia’s leading companies across a broad range of industry sectors that vigorously promote bilateral trade through inbound and outbound trade missions since 1970.

Blockbid is proud to be expanding our affiliate connections in both the cryptocurrency space as well as recognized international commerce.

SIGN UP FOR EARLY ACCESS & BETA:
To sign up for Early Access on the Blockbid Exchange, visit: https://blockbid.io/beta

GET IN TOUCH:
Email: info@blockbid.io
Telegram: https://t.me/Blockbid
Website: https://blockbid.io
Signup: https://blockbid.io/beta
Submit a coin: addmycoin@blockbid.io

https://medium.com/@blockbid/ann-blockbid-announcement-new-affiliations-established-with-eea-and-aicc-3abcc544c604

New affiliations established with EEA and AICC

[Melbourne] — [08/03/18] Blockbid announces today that it has officially joined the Enterprise Ethereum Alliance (EEA), the world’s largest open source blockchain initiative with over 250 membership companies. Blockbid’s aligning with the EEA follows the pursuit of supporting the adoption of Ethereum into the enterprise, alongside a consortium of high profile influential organizations. The objective that each company’s distinct approach and capabilities, together will further boost industry innovation.

https://entethalliance.org/
Continued affiliations with associations such as the EEA and the AICC will aid in advancing our progress here at Blockbid, establishing ourselves as key players in the global cryptocurrency community.
Furthermore, our acceptance into the Australian-Israel Chamber of Commerce (AICC) will help us promote the integration of Blockchain technologies into the mainstream and this will be advanced through current reputable trade routes.

http://www.aicc.org.au/index.cfm
The AICC’s national membership exceeds 1,000 of Australia’s leading companies across a broad range of industry sectors that vigorously promote bilateral trade through inbound and outbound trade missions since 1970.

Blockbid is proud to be expanding our affiliate connections in both the cryptocurrency space as well as recognized international commerce.
SIGN UP FOR EARLY ACCESS & BETA:
To sign up for Early Access on the Blockbid Exchange, visit: https://blockbid.io/beta
GET IN TOUCH:
Email: info@blockbid.io
Telegram: https://t.me/Blockbid
Website: https://blockbid.io
Signup: https://blockbid.io/beta
Submit a coin: addmycoin@blockbid.io

Thanks, you beat me to it 😀

https://medium.com/@blockbid/blockbid-cryptocurrency-exchange-official-beta-launch-coin-listing-announcement-23f2a6ca5975

Blockbid is excited to announce that beta testing will officially launch on the 16th of April 2018. The testing will be split into two phases:

Phase 1: major cryptos, fiat trading, exchange and security testing;
Phase 2: additional coins to be added.

Blockbid is currently undertaking due diligence on the coins listed below for inclusion in phase 2 of Blockbid’s beta.
Following completion of the beta program, Blockbid will launch it’s live exchange, which will include more trading features, more coins to be added, and additional fiat currencies.

There will be free trading during Blockbid’s beta!
No deposit fees, withdrawal fees, trading fees or transaction fees.
Sign up now for early access: https://blockbid.io/beta
Beta Features:
Due diligence of additional coins to be listed in phase 2 of beta
Fiat trading
No withdrawal fees
No transaction fees
Unlimited deposits and withdrawals (pending KYC completion)

Coin Listings:
Phase 1:
Cryptos:
Bitcoin (BTC), Bitcoin Cash (BCH), Bitcoin Gold (BCG), Litecoin (LTC), Ripple (XRP)
Fiats:
USD, AUD, JPY, Euro
Phase 2:
Additional cryptos currently undergoing due diligence for beta listing:
Ethereum (ETH), Dash (DASH), NEM (XEM), Digibyte (DGB), Nano (NANO), Bytecoin (BCN), Nexus (NXS), Iconomi (ICN), Cajutel (CAJ), Jetcoin (JET), ASTRcoin (ASTR), Fincoin (FTB), Trezarcoin (TZC), Unify (UNIFY), LanaCoin (LANA), TajCoin (TAJ), I/O Coin (IOC), NETKO (NETKO), Fujicoin (FJC), Unitus (UIS), Bitether (BTR), Decision Token (HST), DNotes (NOTE)

Market Pairs:

Blockbid will be making a seperate announcement in the coming weeks with the official list of market pairs that will be availble during beta testing.

Additional Information:
Minimum fiat deposit is $100 AUD
Minimum coin deposit is 0.1
Withdrawals will incur standard blockchain fee for that coin
Any international fees are incurred are at the cost of the user (e.g. withdrawing USD to a US bank account) — no additional fees charged by Blockbid
SIGN UP FOR EARLY ACCESS & BETA:
To sign up for Early Access on the Blockbid Exchange, visit: https://blockbid.io/beta
GET IN TOUCH:
Email: info@blockbid.io
Telegram: https://t.me/Blockbid
Website: https://blockbid.io
Signup: https://blockbid.io/beta
Submit a coin: addmycoin@blockbid.io

[ANN] Blockbid to provide Crypto-based Asset Loans (Fiat loans using crypto-assets as collateral)

https://medium.com/@blockbid/ann-blockbid-to-provide-crypto-based-asset-loans-capital-loans-backed-by-crypto-assets-4d8856df372f

Blockbid is excited to announce that by partnering with an accredited Australian credit provider, who have been around for 10+ years and operate under an Australian Credit License, we are able to provide capital loans backed by crypto-assets for users of the Blockbid exchange.
Instead of taking out a loan against traditional assets (e.g. house, car…etc), crypto-based asset loans allow you to protect your assets by taking out a loan against your coins instead, and receive fiat currencies (e.g. AUD) directly to your bank account.
Blockbid’s crypto-based asset loans will first be offered within Australia but will expand to our global users in the near future.

Requirements:
There is no minimum or maximum loan amount — if your account is fully verified and you currently reside in Australia, this option will be available to you and will be sent to your Australian bank account directly.
How it works:
You apply to Blockbid for the loan amount and agree to the credit terms. Your coins are then locked away in a smart contract, which dictates the terms of the loan. Once the loan is repaid, the coins will be released via the smart contract to your account. You can repay the loan amount at any time and keep your coins, as well as any profits earned through coin maturity.
If the loan is not repaid by the time it expires, Blockbid will try to contact you through nominated phone numbers, email addresses…etc. If you’re uncontactable for a set period of time, the coins will be released by the smart contract to the credit provider up to the value of the coins at market value to repay the outstanding loan balance.
Interest is automatically deducted from the coin value or can be paid monthly to the bank account that Blockbid provides to you.
For example, if you have 5 BTC with a market value of $50,000 and apply for a loan of $35,000, you will first need to agree to the interest payment terms and conditions of the loan. Your coins will be held via the smart contract and the loan amount will be provided to you. Once the loan is repaid, your coins will be released to you via the smart contract, plus any profits.

Market Movement:
If the value of your coins increases during the time of the loan, you can repay the balance of the loan at any time, your coins will be released to you via the smart contract, as well as any profits earned.
If the value of your coins decreases during the time of the loan or the market moves into a negative position, the smart contract will automatically sell your coins before their value drops below the outstanding balance amount — any amount remaining after the loan is repaid will be credited to your bank account.

EARLY ACCESS & BETA:
To sign up for Early Access on the Blockbid Exchange, visit: https://blockbid.com.au/beta

GET IN TOUCH:
Email: info@blockbid.com.au
Telegram: t.me/Blockbid
Website: https://blockbid.com.au/
Signup: https://blockbid.com.au/beta

[ANN] Blockbid to provide Crypto-based Asset Loans (Fiat loans using crypto-assets as collateral)

https://medium.com/@blockbid/ann-blockbid-to-provide-crypto-based-asset-loans-capital-loans-backed-by-crypto-assets-4d8856df372f

Blockbid is excited to announce that by partnering with an accredited Australian credit provider, who have been around for 10+ years and operate under an Australian Credit License, we are able to provide capital loans backed by crypto-assets for users of the Blockbid exchange.
Instead of taking out a loan against traditional assets (e.g. house, car…etc), crypto-based asset loans allow you to protect your assets by taking out a loan against your coins instead, and receive fiat currencies (e.g. AUD) directly to your bank account.
Blockbid’s crypto-based asset loans will first be offered within Australia but will expand to our global users in the near future.

Requirements:
There is no minimum or maximum loan amount — if your account is fully verified and you currently reside in Australia, this option will be available to you and will be sent to your Australian bank account directly.
How it works:
You apply to Blockbid for the loan amount and agree to the credit terms. Your coins are then locked away in a smart contract, which dictates the terms of the loan. Once the loan is repaid, the coins will be released via the smart contract to your account. You can repay the loan amount at any time and keep your coins, as well as any profits earned through coin maturity.
If the loan is not repaid by the time it expires, Blockbid will try to contact you through nominated phone numbers, email addresses…etc. If you’re uncontactable for a set period of time, the coins will be released by the smart contract to the credit provider up to the value of the coins at market value to repay the outstanding loan balance.
Interest is automatically deducted from the coin value or can be paid monthly to the bank account that Blockbid provides to you.
For example, if you have 5 BTC with a market value of $50,000 and apply for a loan of $35,000, you will first need to agree to the interest payment terms and conditions of the loan. Your coins will be held via the smart contract and the loan amount will be provided to you. Once the loan is repaid, your coins will be released to you via the smart contract, plus any profits.

Market Movement:
If the value of your coins increases during the time of the loan, you can repay the balance of the loan at any time, your coins will be released to you via the smart contract, as well as any profits earned.
If the value of your coins decreases during the time of the loan or the market moves into a negative position, the smart contract will automatically sell your coins before their value drops below the outstanding balance amount — any amount remaining after the loan is repaid will be credited to your bank account.

EARLY ACCESS & BETA:
To sign up for Early Access on the Blockbid Exchange, visit: https://blockbid.com.au/beta

GET IN TOUCH:
Email: info@blockbid.com.au
Telegram: t.me/Blockbid
Website: https://blockbid.com.au/
Signup: https://blockbid.com.au/beta

Blockbid has decided it would be more constructive to allocate the funds we had set aside for a third party exchange listing towards completing the build of our own exchange.

Blockbid tokens will continue to trade on EtherDelta, and to counterbalance the removal of additional liquidity another exchange would have provided, Blockbid has placed a 25 ETH buy order for BID tokens at 0.003 ETH and a 30 ETH sell order for BID tokens at 0.005 ETH.

The market cap at 0.003 ETH is circa $2.5m, and the market cap at 0.005 ETH IS circa $4m. Our total supply is 1.1m tokens, of which 800,000 are circulating.

This will allow those that wish to buy or sell BID tokens in a timely manner at fair market rates to do so.

We are also still looking to list on IDEX, a decentralised exchange similar to EtherDelta but more user friendly.

Thanks for your continued support!