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Author Topic: ⚡🚀⚡PRE-ANN: XBrick - World-class crypto currency exchange ⚡🚀⚡  (Read 3169 times)
Shikaina
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May 16, 2018, 09:17:30 PM
 #401

Hi! When will this thread be updated? I can see that its been long since it was posted. I want to know more details about the project and i cannot see even a link to the whitepaper here. Anyone?
Well, in the first hand it is good because it will help the wide recognition of cryptocurrency. More and more people will be trusting and will get supports also from companies and governments but in the other hand it will mean tightening,
Because of this regulations, now the burden of KYC is being shouldered by investors which is really irrelevant to cryptocurrency feature which is anonymous and by providing kyc you will be disclosing your identity to them.
Some developers are using this KYC system as an excuse not to pay if incase investor or bounty participants fail to provide which is really unfair. Now unfairness and thief is being justified through KYC uncompliance.
Gracechen17
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May 16, 2018, 09:19:45 PM
 #402

Hi! When will this thread be updated? I can see that its been long since it was posted. I want to know more details about the project and i cannot see even a link to the whitepaper here. Anyone?
Well, in the first hand it is good because it will help the wide recognition of cryptocurrency. More and more people will be trusting and will get supports also from companies and governments but in the other hand it will mean tightening,
Because of this regulations, now the burden of KYC is being shouldered by investors which is really irrelevant to cryptocurrency feature which is anonymous and by providing kyc you will be disclosing your identity to them.
Some developers are using this KYC system as an excuse not to pay if incase investor or bounty participants fail to provide which is really unfair. Now unfairness and thief is being justified through KYC uncompliance.
XBrick has been prepared for this increased regulations by the way, i hope it will not make crypto holders hesitant in trading in XBRICK platform since not everyone wants to comply with this kyc system.
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May 16, 2018, 09:51:23 PM
 #403

"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.
Time will judge this project, as what I say, if Xbrick will not be hacked in the next couple of years, then we can say that it has high security platform. In order to keep safe, we should always keep our funds away from exchange. Place it in a wallet using metamask or etc. Even Xbrick have web wallet, we can't say it is reliable.
CASTIEL05
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May 16, 2018, 10:05:32 PM
 #404

Hey guys, have you seen the latest update of Xbrick? There's what we call Ubey Box a peer to peer way. A users will definetely store offline cloud based, you can earn while your offline. All digital assets need to be registered. It could be transferred directly in one IP to another Ubbey network, it's likely you're transferring bitcoin. For more info you can visit. xbrick.io
I do not yet encounter the update of Xbrick. In fact, I do not know that we can earn offline. Do we call it as trading? Since, trading needs internet. Buyer and seller are interacting in a market and we can't do that unless we are online.
If Ubbey Box can transfer funds in a peer to peer system using offline cloud based storage then we can transfer our funds directly from what we want to transact. It's good to hear this update of xbrick and I am interest with their platform.

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May 16, 2018, 10:43:11 PM
 #405

Hey guys, have you seen the latest update of Xbrick? There's what we call Ubey Box a peer to peer way. A users will definetely store offline cloud based, you can earn while your offline. All digital assets need to be registered. It could be transferred directly in one IP to another Ubbey network, it's likely you're transferring bitcoin. For more info you can visit. xbrick.io
I do not yet encounter the update of Xbrick. In fact, I do not know that we can earn offline. Do we call it as trading? Since, trading needs internet. Buyer and seller are interacting in a market and we can't do that unless we are online.
If Ubbey Box can transfer funds in a peer to peer system using offline cloud based storage then we can transfer our funds directly from what we want to transact. It's good to hear this update of xbrick and I am interest with their platform.
Yes just like storing your favorite coins in their deposit box all you have
to do is to wait, earning while we are away on our wallet. Im so excited for more updates including their own exchange platform.

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May 16, 2018, 11:01:55 PM
 #406

"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.

No single entity that is involved with the finance market will ever take security for granted and that is a guarantee.  And yes, it is also true that none of them will be 100% Hack-Proof.  But the attacks on such entities, such as an exchange like XBrick, will never come easy either.

And looking at your concerns, i think it's a bit unfair to be depending all the measures to XBrick themselves.  Remember that many a times, security breach mostly occurs at the clients end.  Attacks on the main exchange are very seldom, and security experts usually look after vulnerabilities every now and then and would warn clients to take proper precautions.

Sometimes, it is the clients neglect that leads to digital theft and other related incidents.

You are right! We can't avoid hackers and none of the financial markets and platforms will be 100% hack proof. But all financial institutions, as well as the government, are doing their best to strengthen internal security to protect users from hackers and fraudulent activities. Xbrick is making its best effort by using the Secure and high-performance system to provide an improved security and make it better than the others. And it is also our obligation to protect our tokens by securing our pins and passwords and be cautious with different transactions we are dealing with.
That is right, it is our obligation to protect our currency or the token that we have, but I think they have no malicious act if they can secured their system well and besides we do not know where some pump up came from.
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May 16, 2018, 11:34:05 PM
 #407

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.

You're absolutely right about that.XBrick features Secure high -performance system that means cryptocurrency exchange will be secure and reliable thus protecting users from possible hackers. It also offers a more than two million per second high-performance order matching system that provides for high reliability, high performance, strong security, extendibility, and easy maintenance. This is really something that users really need.
That’s right because they need to protect every traders that should be part of the XBrick exchange to prove that they are world class in terms of using the said exchange because if not maybe it is the hindrance of their successful project then.
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May 16, 2018, 11:43:53 PM
 #408

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.
Well, it means that to make more discount of using XBrick exchange, first you must need to have their native token which is XBC am I right? Well it sounds like you will need to use their token to make the transaction cheaper than using other token.
Cowming88
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May 16, 2018, 11:51:34 PM
 #409

I wonder how could you catch investors. I cannot see anything from your thread aside from few informations about the project? When will there be updates and where by the way is the link to your white paper?
Hey ya! If you are really interested i think you better exert some effort to find out so you’ll also be surprised. This thread may seem to be simple but guess what? They have gems inside if you will just to push a little more harder to find out.  Cheesy. Funny right? Because i was also like you until i happened to stumble on their site. Their site is running. I mean the exchange.

I think that the xbrick's project platform are already aware for that kind of issue and the company's developers are doing their best just to.make sure
that the informations of the investors are well secure and protected from the hackers.
Well, they do not need to make that things happen because some exchange has many definition on how they catch the trust of the traders to use their campaign but at the end of the day they was all lack of security to the hackers. Why dont we use and try XBrick and even lack of information listed in their thread it will work well than others.
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May 16, 2018, 11:54:01 PM
 #410

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.
richyoung
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May 17, 2018, 01:00:48 AM
 #411

Hi! When will this thread be updated? I can see that its been long since it was posted. I want to know more details about the project and i cannot see even a link to the whitepaper here. Anyone?
Well, in the first hand it is good because it will help the wide recognition of cryptocurrency. More and more people will be trusting and will get supports also from companies and governments but in the other hand it will mean tightening,
Because of this regulations, now the burden of KYC is being shouldered by investors which is really irrelevant to cryptocurrency feature which is anonymous and by providing kyc you will be disclosing your identity to them.
Some developers are using this KYC system as an excuse not to pay if incase investor or bounty participants fail to provide which is really unfair. Now unfairness and thief is being justified through KYC uncompliance.

if the ICO states from the beginning of the token sale that they will require KYC verifications and the investor fail to provide then its not the ICOs fault. What i don't like is when other ICOs do not state any KYC verifications and then investors gets in then in the middle or later part  of the token sale they would suddenly announce a KYC verification that is unjust.
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May 17, 2018, 01:35:42 AM
 #412

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.
Well, it means that to make more discount of using XBrick exchange, first you must need to have their native token which is XBC am I right? Well it sounds like you will need to use their token to make the transaction cheaper than using other token.

yes you are right, Xbrick will have their own token called XBC, and by using XBC as payment traders will only pay 50% of trading fees. This is a good way to encourage the traders to use XBC token and also a way to boost the Xbrick platform.
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May 17, 2018, 01:37:11 AM
 #413

An exclusive Xbrick service is currently under development, it is a tailored trading price notification system within the XBrick app. The app is available at Google Play and under review by Apple store.
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May 17, 2018, 03:28:21 AM
 #414

"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.

i thought regulations are made to protect the public from possible ICO frauds, and since some ICOs are so keen in following regulations, i hope there would be a regulation wherein ICOs cannot just say in their white paper that they won't be responsible for any loss, damages, costs or expenses, whether direct or indirect, consequential or special, arising in connection with the sale of tokens. That kind of statement is undeniably unfair to investors who trusted and believed in their so called team expertise and project visions.


It’s quite ironic that China is one of the countries that are limited in participating in ICOs, and then XBrick would be having a BIT/CNY trading pair. Won’t Xbrick be stepping on some chinese regulations by doing this?

That's the government regulation. Their citizen is having a hard time participating in ICO's instead of joining ICO's they are the once that intends to create new projects but I guess Xbrick will be adopting this kind of situation. All they have to do is to get fee to get listed everyone knows about this. Trading CNY is could be added soon.

IF china didn't put a ban on ICOs , the crypto industry could have been filled with thousand of chinese ICOs everyday. Obviously, Xbrick team are mostly chinese too. This just shows that even with the ban in China , it can not stop the chinese community in finding ways to create their ICOs and more chinese investors are willing to go through other means to be able to participate.
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May 17, 2018, 03:58:00 AM
 #415

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?
I am also not disagreeing on the requirements of using XBrick exchange but there are times that I also think twice in terms of giving the personal identification because it is globally and we don’t know until when they can secure their sites.

I still don't like doing KYC for ICOs, to start there are no clear regulations on this, and the regulations that ICO usually says is the AMLA which clearly just protects the government and the banks interest. So whenever i can go away with KYC , i just do. But with exchanges it's a bit hard not to undergo the verification process as they tend to withhold my cryptocurrency assets.
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May 17, 2018, 04:06:59 AM
 #416

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?
I am also not disagreeing on the requirements of using XBrick exchange but there are times that I also think twice in terms of giving the personal identification because it is globally and we don’t know until when they can secure their sites.

I still don't like doing KYC for ICOs, to start there are no clear regulations on this, and the regulations that ICO usually says is the AMLA which clearly just protects the government and the banks interest. So whenever i can go away with KYC , i just do. But with exchanges it's a bit hard not to undergo the verification process as they tend to withhold my cryptocurrency assets.

For me to get my hands on a good ICO without complying KYC requirement, i just asked some crypto friends who are interested on the same project and is willing to undergo the KYC to help me buy. But some ICOs are smart and they put some limit per person, so i have no choice but to comply with the KYC requirement or sometimes i just sit it out and wait for it to hit the exchanges and reach below ico price then buy. Like what traders usually says, there is always a dip, you just have to wait for it.
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May 17, 2018, 06:47:14 AM
 #417

"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.

i thought regulations are made to protect the public from possible ICO frauds, and since some ICOs are so keen in following regulations, i hope there would be a regulation wherein ICOs cannot just say in their white paper that they won't be responsible for any loss, damages, costs or expenses, whether direct or indirect, consequential or special, arising in connection with the sale of tokens. That kind of statement is undeniably unfair to investors who trusted and believed in their so called team expertise and project visions.


It’s quite ironic that China is one of the countries that are limited in participating in ICOs, and then XBrick would be having a BIT/CNY trading pair. Won’t Xbrick be stepping on some chinese regulations by doing this?

That's the government regulation. Their citizen is having a hard time participating in ICO's instead of joining ICO's they are the once that intends to create new projects but I guess Xbrick will be adopting this kind of situation. All they have to do is to get fee to get listed everyone knows about this. Trading CNY is could be added soon.

IF china didn't put a ban on ICOs , the crypto industry could have been filled with thousand of chinese ICOs everyday. Obviously, Xbrick team are mostly chinese too. This just shows that even with the ban in China , it can not stop the chinese community in finding ways to create their ICOs and more chinese investors are willing to go through other means to be able to participate.
Don't worry they will back soon. I'm very positive on crypto market. ICO's are pouring around the blockchain everyday. If China will adopt blockchain and they will announce bitcoin as one of their major currency expect a good bull run this season. Expect all exchanges to be more congested and i hope Xbrick can do about this thing coz alot of investors will come to it.
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May 17, 2018, 07:25:47 AM
 #418

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.
Well, it means that to make more discount of using XBrick exchange, first you must need to have their native token which is XBC am I right? Well it sounds like you will need to use their token to make the transaction cheaper than using other token.

yes you are right, Xbrick will have their own token called XBC, and by using XBC as payment traders will only pay 50% of trading fees. This is a good way to encourage the traders to use XBC token and also a way to boost the Xbrick platform.
I hope they can add referral bonus for every users promote xbc to a new users and guaranteed a commission if they execute a trades, just like Binance exchange they are the 1st trading exchange that promote this kind of system.

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May 17, 2018, 08:55:45 AM
 #419

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.
I am bit confuse also to what ezbreezy talked about but it is good to know how much Xbrick will charge in every successful transaction in trading. It is also depends upon the vip level.
In listing of coins, it is good if Xbrick will accept other coins that isn't in the top listed coins. In order to test their speed and no liquidity feature, it is a challenge for an exchange to have many coins in their bucket.
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May 17, 2018, 09:10:06 AM
 #420

There would be an XBrick Exchange Trading Festival that will starts tonight  at 19:00 May 17th 2018 (GMT+8) and Ends at 19:00 May 27th 2018 (GMT + Cool. During the festival, whatever you trade through Xbrick exchange, you will get an XBrick Coin (XBC) in return.


Prices for Top 20 volume accumulated prices and volumes within the above timeframe traders will also receive additional prizes as follows:

1st   100,000 XBC
2nd   50,000 XBC
3rd   25,000 XBC
4-5th   10,000 XBC
6-10th   6,000 XBC
11-15th   2,000 XBC
16-20th   888 XBC

For every 99USDT value you trade on Xbrick exchange, trader will receive 1 XBC

Note that users accumulated volume across the platform will be converted into USDT for calculation and Single account crossings will not be counted.
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