⚡🚀⚡PRE-ANN: XBrick - World-class crypto currency exchange ⚡🚀⚡

[rockyfeller]

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.

It will be easier for them to promote their exchange. Cryptocurremcy is gaining popularity and they need to pay a fee to capable of listing. As we all know the volume should be big, im sure Xbrick will get listed first on CMC to gain popularity.

[ysabel30]

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. They say more exclusive Xbrick services that can only be purchased by using XBC will be develop and announce.

[Marjorie521]

Wow, 2 millions orders a second is quite alot

[kingzues09]

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. They say more exclusive Xbrick services that can only be purchased by using XBC will be develop and announce.

It will be available soon, they will update us on telegram or in twitter. I'm so excited about this exchange. This is a working product exchange and the community is gaining huge. If we can get alot of community outside our country probably they will beat those top volume exchanges.

[richyoung]

"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.

Xbrick should have implemented the XBC trading pair from the start, this seems more important to ensure that XBrick token, XBC would have an immediate use aside from the trading fee payment use.

[xiaolanbabe]

In what way "Xbrick" name relevant to its purpose, since it was an exchange? Does Xbrick will similar to building of blocks? I don't think it is an ideal question but most of the time, we need to know what are the significance of a certain project. If I will buy XBC (Native Coin of Xbrick), what are the benefits that I will get?

It's not all about the name of the token or the project but the services and the vision it wants to achieve in the cryptocurrency world.
Just remember the saying "Don't judge the book by its cover". The only thing matters are what this project trying to achieve.

what ever happen to the project even they have successful ICO,
what important is to gather more users to be on their platform.
this is very important as this will be the foundation of their volume.
can we use XBC as a transfer fee? like BNB to get 50% discount.

i think that the ICO of the xbrick project will be successful to their launching soon, because of their platform on which we can now know when is the right time for exchanging and trading.

Gathering more users should be a priority for an exchange platform, since they earn from trading fees and withdrawal fees. They should develop a good marketing strategy to encourage more users to trade in their platform. I think the launch of the XBrick coin will be successful since they already have users trading now and they ware future investors of the coin because they would want to avail the perks of using it.

In any case, if they are able to deliver their promises on the whitepaper and actually provide the best service at the best price, they would definitely be the first choice when it comes to exchange platforms. I think they should also hire a brand manager to manage and improve the brand name.

i have only seen nine members of the team on their whitepaper, maybe Xbrick should add more manpower and team members to help fasten the developments of Xbrick. Everyday there are lots of new coins being created and more ico paltforms being introduced, if Xbrick are taking things slow they would be left behind.

[plutusbit]

In what way "Xbrick" name relevant to its purpose, since it was an exchange? Does Xbrick will similar to building of blocks? I don't think it is an ideal question but most of the time, we need to know what are the significance of a certain project. If I will buy XBC (Native Coin of Xbrick), what are the benefits that I will get?

It's not all about the name of the token or the project but the services and the vision it wants to achieve in the cryptocurrency world.
Just remember the saying "Don't judge the book by its cover". The only thing matters are what this project trying to achieve.

what ever happen to the project even they have successful ICO,
what important is to gather more users to be on their platform.
this is very important as this will be the foundation of their volume.
can we use XBC as a transfer fee? like BNB to get 50% discount.

i think that the ICO of the xbrick project will be successful to their launching soon, because of their platform on which we can now know when is the right time for exchanging and trading.

Gathering more users should be a priority for an exchange platform, since they earn from trading fees and withdrawal fees. They should develop a good marketing strategy to encourage more users to trade in their platform. I think the launch of the XBrick coin will be successful since they already have users trading now and they ware future investors of the coin because they would want to avail the perks of using it.

In any case, if they are able to deliver their promises on the whitepaper and actually provide the best service at the best price, they would definitely be the first choice when it comes to exchange platforms. I think they should also hire a brand manager to manage and improve the brand name.

i have only seen nine members of the team on their whitepaper, maybe Xbrick should add more manpower and team members to help fasten the developments of Xbrick. Everyday there are lots of new coins being created and more ico paltforms being introduced, if Xbrick are taking things slow they would be left behind.

They launched the Xbrick project last November 2016, then on September 2017 Venture round capital raising was completed. Bitcoin price was still sitting around $3000 - $4000 dollars during those times. With the bitcoin they collected, they already have more or less x5 of that capital when the bitcoin bullrun happened. Definitely no need to rush then.

[yrrehc16]

If the XBrick users will set by default to use XBC to pay for all trading fees on XBrick, the user must make sure that there is always a sufficient amount of XBC to be used for trading fee payment otherwise a user does not have sufficient XBC in the account, XBrick will withhold the trading fees with the traded tokens, use this withheld amount to purchase XBC against spot market orders, use the purchased XBC to pay the trading fee, and still give the user the 50% discount.

If Xbrick will use the XBC for the trading fee, they will have 50 percent on it?
well if that happens i will just hold for that and it will pump the price.
If the user dont have enough XBC on his/her account.
anyone can purchase again XBC to have that 50% for sure, if they dont have it or dont want to buy more.
then they will pay the hundred percent fee with the token they will trade or BTC.

[tropangKAMOTE]

If the XBrick users will set by default to use XBC to pay for all trading fees on XBrick, the user must make sure that there is always a sufficient amount of XBC to be used for trading fee payment otherwise a user does not have sufficient XBC in the account, XBrick will withhold the trading fees with the traded tokens, use this withheld amount to purchase XBC against spot market orders, use the purchased XBC to pay the trading fee, and still give the user the 50% discount.

If Xbrick will use the XBC for the trading fee, they will have 50 percent on it?
well if that happens i will just hold for that and it will pump the price.
If the user dont have enough XBC on his/her account.
anyone can purchase again XBC to have that 50% for sure, if they dont have it or dont want to buy more.
then they will pay the hundred percent fee with the token they will trade or BTC.

GOod day sir/madam.
Can XBC or XBRICK token can be use on their site as a transaction or trading fee?
I dont see it on their white paper or i just accidentally skipped that page?
what page on the whitepaper?

[Risktaker31]

Wow, 2 millions orders a second is quite alot

I totally agree with you dude that 2 million orders per second is far too be possible for now . But lets see if the devs and crew can do it. This project hold a lot of promise but if they can fully operate this order per second this project will have a big hit.

[cryp24x]

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 secured 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, extensibility, and easy maintenance. This is really something that users really need.

[nawasa0001]

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.

what is the security that they will provide for you to be sure that you are safe?
is it tested? if it is! is there an issue of an atack?
NOTHING right? we cant be sure unless they launch it but preparing for it is the best for now.

[PostNPlay]

"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.

[eXEMpted]

"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.

XBrick is making it clear that there are still risks that we can not avoid and they are aware that this may still arise at some point. XBrick is just being fair and transparent to set users expectations. Considering the rewards, great features, and services it offers I won't be surprised if they make it big in cryptocurrency exchange.

[GhostBooster]

I reviewed the most classified exchange and popular among all some of them have a problem or issue to tackle about their support ticket, but xbrick can solve that issue with their outstanding team and development.

Well, if that was happen I am pretty sure that the traders and investors will like this project and can refer it to their friends too if they see the good result in using this exchange.

The high-performance trading engine of XBrick is capable of processing more than 2million orders per second. This feature is really impressive if they can deliver as promised. As we know lots of transactions were being done per second worldwide. Fast and efficient cryptocurrency exchange will surely make users happy.

[MashaAndBear]

According to their white paper they will promote blockchain technology whereas they can also educate the public about the benefits of a blockchain, most of that what I really like is creating university scholarships which is through blockchain technology many students who deserve to get a degree will have a chance to have a diploma.

What's really great about it is that they are already started operations before their tokensale, which means their venture capital raising was succesful and since the platform is already working, they already generate revenue, though minimal from their operations. They intend to use their tokensale just for additional capital and for these kinds of activities, I think they are noble for providing university scholarships through the blockchain/crypto currency industry. Their tokens are to be used in obtaining discounts and rewards on their platform, too.

Well, its good to know that, although not all people are aware about the blockchain technology/crypto currency but if they use it to have a scholarship it will become easily adapted by the students which they can support and promote XBrick as crypto currency exchange.

Other than that, I think they are planning to create seminars to educate the public regarding blockchain, and according to the wp, they intend to use earnings from sale of XBC to also fund forums and summits related to blockchain globally.

That's right! According to XBrick whitepaper, they are allocating 25% of their sale proceeds for local and global promotions you have mentioned. They really intend to make their future marketing movement really big, spreading awareness means more and more users in the future.

[PopoyDog]

Its good that XBrick is selective with the tokens that can be listed and that they are trying to create  a platform for more high-quality tokens. But this may also cause delay in the growth of the platform, traders prefer to have a wide variety of tokens to trade.

Well, the way I see it, the reason being is to make it look more prestige by having only high-quality tokens to start with. But it doesn't end there, Xbrick will select cryptocurrencies it considers to be high quality to be listed for trading from time to time and may charge a listing fee as stated on page 32 of the Whitepaper. This would also create an income to XBrick somehow if I'm not mistaken. They will also run a token voting campaign wherein everyone is welcome to nominate their favorite tokens. As to the delay in growth, well will see how they will play and change the game as the day and campaign goes by.

[Alonczek]

What can you say about this imposing increasing regulations in cryptocurrency areas like eachanges and other platforms that has to do with cryptocurrencies? I dont like that much but we dont have a choice.

[Muanna]

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,

[Rapha-EL]

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.