so I was thinking if I put some money into this project, does this works like normal exchange in the level of storing my deposits? Can you please clarify? thanks.
Upon signing up, can join and invest using different currencies such as ETH, BTC, LTC and DASH. Tokens will be stored in the platform's internal wallet and will be available for trading or withdrawal to private wallets. then we can use it to trade in the platform to confirm yes? Yes, as stated on my previous reply it will be available for trading and/or withdrawal to your individual private wallets. |
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so I was thinking if I put some money into this project, does this works like normal exchange in the level of storing my deposits? Can you please clarify? thanks.
Upon signing up, can join and invest using different currencies such as ETH, BTC, LTC and DASH. Tokens will be stored in the platform's internal wallet and will be available for trading or withdrawal to private wallets. |
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whats the cost to join btw? There any fees?
There are no membership fees or whatsoever. Joining and signing up is absolutely free. |
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first exchange to remove middle man. Hope this project hits sucess as this will be really really something!! Keep up the good work guys!!
We are happy to hear that. Thanks! |
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Your token BTT is erc 20 right?
Yes. It's an ERC20 token. BTT is a blockchain-based cryptographic token built on the Ethereum network. |
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So, new here.
For what ive seen, seems to be a great project. Congrats to devs. keep up the good work. Looking forward to see developments.
Thank you for your continued support! We greatly appreciate it! |
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What are the key benefits to the users?
The exchange platform offers numerous benefits to its users, including the following: Automatic transaction reports for a chosen period; Automatic account balance notifications; Instant payment transactions; etc. I would say the absence of intermediaries is also very important. i guess this is one of their best foot forward  this what differs bitteam from others as iknow Absence of intermediaries is one of the key advantages that we have amongst present exchanges that we presently have. |
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Do you have a bounty campaign?
Oh, that's a good question. And if yes, how can I join? Unfortunately, we don't have a bounty campaign. Hi, still no Bounty campaign at this time? When will it be? that's a bit sad, but still this project looks very enticing, specially when you get to read along their team's vision. This would rather absolutely solve so much short comings of the present exchanges that we have IMO.... Thank You, we appreciate your support as always. |
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How many active users do you expect by 2019??
If the hardcap is reached, forecasted values on 2019 would be a million active users at least and a --Daily BTC turnover around 3,000 BTC; |
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Do you have a bounty campaign?
Oh, that's a good question. And if yes, how can I join? Unfortunately, we don't have a bounty campaign. Hi, still no Bounty campaign at this time? When will it be? We currently do not have any Bounty Campaign at the moment. Updates comes from time to time with regards to the project, stay tuned on our different channels such as Telegram . |
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Restrictions for any countries?
Singapore, USA, China i was wondering what do you plan to do with unsold tokens btw?  As stated on the White Paper, all unsold tokens will be frozen and gradually released according to the following vesting schedule: If up to 25% of the tokens are sold, every 6 months 3% of all unsold tokens will be released; If between 25% and 50% of the tokens are sold, every 6 months 5% of the total unsold token number will be released; If over 50% of the tokens are sold, every 6 months 7% of unsold tokens will be released. |
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What kind of KYC is it? Do you need to upload the document I mean the passport copy, or just usual @mail, country, phone number and more like that? Yes, you need the passport copy. |
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So being a P2P exchange will not you be asked to validate users through KYC? Token holders will only benefit from bonuses?
Yes, there is KYC required. If KYC is requested, then resident of any country can participate in the sale of tokens and also operate in exchange without any problem? Unfortunately, USA and China can't participate. |
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Restrictions for any countries?
Singapore, USA, China |
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how much is your hard cap?
$62 mln |
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Is it a peer-to-peer (P2P) exchange?
Yes, it is. |
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How much is the marketplace fee?
Its 0.3% What does it go for? It is allocated for the BIT.TEAM administrative expenses. What are they? Just like with exchange transaction, the platform will automatically buy the necessary amount of tokens at the lowest exchange rate. For what? After the transaction, tokens will be distributed as follows: 0.1% will be burned, 0.1% will be transferred to the user who had sent the original invitation voucher to the vendor, while 0.1% will be received by the BIT.TEAM development team. |
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