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

[Candice]

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 + . 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.

Wow, good news. This is a great event. I believe it will be welcomed by large traders. This will boost prices and trading volumes.

[Cryptony_NL]

Iteresting! I going to trade some tonight. 

[djmixen]

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.

So, the investors and traders that will use XBrick will need to buy now an XBC or the native token of the XBrick so that they will benefited of the 50% discount when they transact in the trading, what a nice idea of XBrick to buy also their token.

[GoldenRays]

a new exchange to offer a fast trading,
everything will be perfect but the people in the community want to have an exchange with volumes.
this is the big wall to face. i hope they can get into it.

Volume? Not sure but it already said 2 million per second like that system can handle volumes of trade I think. They offer secure and reliable high performance system. They will be launching DLPE as well.

[Shochusan]

Arent they too hasty on building up their exchange platform ? Because as I see that the ico sale will only last for 10 days. But if they have a reasonable, honest and well presented project I think it will succeed.

They already have the exchange platform running: https://www.xbrick.io/

They are still to add DLPE and GCOB to it. It's easy for this project to become successful since they were able to follow their roadmap and were not dependent on the tokensale for the actual exchange app, unlike other projects where they only launch mvps or none at all.

[ConquerGold]

Another interesting project will be started.
So what will the concrete concept of the project?
Has you get the actual date for the starting of the project?

Yeah, they already seem to have the exchange framework in place.
Here's the link to the whitepaper from their tokensale page:
https://xbc.xbrick.io/doc/Whitepaper%20(Preliminary).pdf

The main differentiator is probably the Global Consolidated Order Book and Dynamic Liquidity Providing Engine.

The main concept of the project is:

XBrick’s technical and operational specialists are building a world-class crypto currency exchange. Based on an inhouse well-developed trading system, the XBrick platform is designed to create a secure, reliable and efficient exchange for high quality blockchain-based assets.

The project has already started and they are improving it:

“XBrick Exchange began operating since November 2017. The long awaited System2.0 with built-in enhanced Dynamic Liquidity Providing Engine is coming! XBrick shall bring the world’s liquidity to you!”

This is the exchange site and you may dl the app for free: https://www.xbrick.io/

[Anonyms]

Maybe I've gotten the wrong end of the stick, but what's the point in creating centralized exchanges anymore?

Personally, I'm not a big fan of DEXs, so I'll be happy with more Centralized exchanges with liquidity.
So if Xbrick can provide the liquidity, I'll follow. It's more usually a little more user friendly for not so experienced traders like me

They are expecting central banks and gov'ts to be stricter with regards to cryptocurrency exchanges and are incorporating procedures that they expect would be part of new regulations that will be formed:

The future of the crypto currency market is likely to be governed by stricter anti-money laundering (AML) regulations. As a result, those platforms with well-established AML procedures could be in much better position to be granted such licenses once they are put in place by the respective governments

[GummyAngel]

The xblock wants to increased and have a more clearer rules and regulation to the crypto currencies and its exchanges.
The xbricks wants the cryptocurrency industry to have a good and stong governance  to the crypto world.

The name is XBrick. Why was it named XBrick? Maybe because brick means block and crypto currency exchange is based on blockchain? It's good and it's catchy. The company's name is X Blockchain Pty Ltd.

[CrimsonSunset]

Maybe I've gotten the wrong end of the stick, but what's the point in creating centralized exchanges anymore?

Personally, I'm not a big fan of DEXs, so I'll be happy with more Centralized exchanges with liquidity.
So if Xbrick can provide the liquidity, I'll follow. It's more usually a little more user friendly for not so experienced traders like me

They are expecting central banks and gov'ts to be stricter with regards to cryptocurrency exchanges and are incorporating procedures that they expect would be part of new regulations that will be formed:

The future of the crypto currency market is likely to be governed by stricter anti-money laundering (AML) regulations. As a result, those platforms with well-established AML procedures could be in much better position to be granted such licenses once they are put in place by the respective governments

[GoldenRays]

Maybe I've gotten the wrong end of the stick, but what's the point in creating centralized exchanges anymore?

Personally, I'm not a big fan of DEXs, so I'll be happy with more Centralized exchanges with liquidity.
So if Xbrick can provide the liquidity, I'll follow. It's more usually a little more user friendly for not so experienced traders like me

They are expecting central banks and gov'ts to be stricter with regards to cryptocurrency exchanges and are incorporating procedures that they expect would be part of new regulations that will be formed:

The future of the crypto currency market is likely to be governed by stricter anti-money laundering (AML) regulations. As a result, those platforms with well-established AML procedures could be in much better position to be granted such licenses once they are put in place by the respective governments

Creating something new usually means creating something better. They see points to improve with the current exchanges and address those issues. Reading up about this project, it has a point, or rather a lot.

[Shochusan]

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.

They intend to host global blockchain forums and summits, too, which would be great for promoting blockchain as well as creating bonds in the crypto currency industry globally. They also plan to encourage research and development on blockchain technology.

[Roukawa]

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.

There are always maximum capacity for an exchange and Xbrick cannot aggregate those existing coins and some successful ICOs. Well, it is good for me to have atleast 100 coins found in Xbrick exchange as long as we can drive our tokens smoothly to their trading website.

[ConquerGold]

Xbrick.io is an exchange platform right? What is their difference between other Exchange platform out there? Do they have a beta site so we can see and know how smooth the ui that their project has.

Quoted from Whitepaper:
"The trading system has three types of trading orders: limit orders, stop orders and batch orders. On some exchanges, stop orders can be used only to chase bull markets but XBrick’s stop orders allow traders to go bottom fishing as well. XBrick users can choose to activate the pricing protection function which will warn every time an order when an unusual price is submitted. This function provides protection for losses due to pricing typos, which have been common on almost all crypto exchanges. XBrick is developing other user-friendly features for its users."

But we wont know how friendly user the interface as long as they dont launch an alpha or beta exchange site.

With these features of Xbrick, how I will convince to put my investment? What are the difference of this exchange to other exchanges? A lot of exchanges have various features. Most of the time, they compare it to other exchanges such Binance, Bittrex or Poloniex where they show why they will be the chosen one.

Xbrick is highly recommended platform exchange, i'm a trader i know what's good and bad for an exchange if you're an experienced trader this is for you, Xbrick is a fully functional exchange if this goes live. User friendly features is good for everyone especially for newbies.

XBrick is able to ensure the trade orders are processed without lagging to provide an ultra-fast and smooth trading experience. Based on this memory matching engine technology plus the 2 million per second high-performance order matching system. Compare it to other exchanges that can give you a better experience.

I want to try how fast I can bid or ask using Xbrick Exchange. I see the official website of this exchange but I did not yet make a transaction with there because I thought that it will cannot use right now or there are bugs if I will try to use it. So I just look for the website and found out how vivid had an Xbrick, it is cool to my eyes.

Looking at their exchange site, it seems simple and easily understandable. There is just buy or sell and choose the type of trading order you want: limit orders, stop orders or batch orders.

thats's right ConquerGold the Xbrick project platform is about exchanges and trade the platform of the xbrick project is in the trading field on when is the right time t buy and when is the right time to exchange

Buy and sell is the easiest thing we can do now. I hope you can trade even on advance settings, Limit order,stop orders or batch orders is a safe thing if your spot trader bet before bidding a coins be sure to buy low and sell high. I hope they can add margin trading on their platform.

Margin Trading is dangerous trades for all time if you're an expert on trading and experience this before you have this option to add on your whitelist, But the safest thing we can do for now is to be a spot trader buy low and sell high just what you have said.

Margin trading is not really practical, and even experts sometimes lose on it. It's better for the site to be simple like this with only three options. Also, I don't think they will ever implement margin trading since according to their whitepaper:

XBrick provides 100% asset reserves by requiring traders to already own tokens they want to sell. No leverage is allowed.

That good to know! If margin trading is allowed on the XBrick exchange platform, being user friendly would not be enough for newbies in trading to keep them from being discouraged. It is good that no leverage is allowed, since this decreases the chance of loss. The platform can really encourage those who are just beginners when it comes to trading because of its simplicity.

[Anonyms]

Maybe I've gotten the wrong end of the stick, but what's the point in creating centralized exchanges anymore?

Personally, I'm not a big fan of DEXs, so I'll be happy with more Centralized exchanges with liquidity.
So if Xbrick can provide the liquidity, I'll follow. It's more usually a little more user friendly for not so experienced traders like me

They are expecting central banks and gov'ts to be stricter with regards to cryptocurrency exchanges and are incorporating procedures that they expect would be part of new regulations that will be formed:

The future of the crypto currency market is likely to be governed by stricter anti-money laundering (AML) regulations. As a result, those platforms with well-established AML procedures could be in much better position to be granted such licenses once they are put in place by the respective governments

Creating something new usually means creating something better. They see points to improve with the current exchanges and address those issues. Reading up about this project, it has a point, or rather a lot.

The point of creating a centralized exchange would have to be the word central. It would be the center, the one stop shop and the for XBrick, if it delivers its promises to provide liquidity, efficiency and security, the best choice of exchange.

[Bobby park]

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.

Currently? There is an Xbrick application already? Hm. I think it is not indicated yet in their roadmap right now or I did not see it when I view the whitepaper of Xbrick. Well, it is my advantage since I am using android phone in order to make transactions specially in trading. I hope that the feature of Xbrick Exchange in android phone will be also similar to their official website.

[xamil]

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.

Wow, this idea of the team was a big help for every traders then, I think more traders will switch on it if they see how big is the help of the XBrick for the traders and one thing for sure is they will invite others too to use this exchange.

[Gibreil]

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.

There are always maximum capacity for an exchange and Xbrick cannot aggregate those existing coins and some successful ICOs. Well, it is good for me to have atleast 100 coins found in Xbrick exchange as long as we can drive our tokens smoothly to their trading website.

100 coins are not big deal in xbrick exchange. As a matter of fact, it was already indicated in the whitepaper that they can accomodate over millions of transaction per second (if I am wrong from what I read). As long as the market capacity of this exchange will grow up, there is a tendency that it can list many coins as they can.

[1004leirbag714]

Maybe I've gotten the wrong end of the stick, but what's the point in creating centralized exchanges anymore?

Personally, I'm not a big fan of DEXs, so I'll be happy with more Centralized exchanges with liquidity.
So if Xbrick can provide the liquidity, I'll follow. It's more usually a little more user friendly for not so experienced traders like me

They are expecting central banks and gov'ts to be stricter with regards to cryptocurrency exchanges and are incorporating procedures that they expect would be part of new regulations that will be formed:

The future of the crypto currency market is likely to be governed by stricter anti-money laundering (AML) regulations. As a result, those platforms with well-established AML procedures could be in much better position to be granted such licenses once they are put in place by the respective governments

Creating something new usually means creating something better. They see points to improve with the current exchanges and address those issues. Reading up about this project, it has a point, or rather a lot.

That’s right because they will provide for the beautification of their company why they create something new. This is also a part of improvement why they have an ICO sale and to make it success we need to gave them a support.

[Cowming88]

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.

There are always maximum capacity for an exchange and Xbrick cannot aggregate those existing coins and some successful ICOs. Well, it is good for me to have atleast 100 coins found in Xbrick exchange as long as we can drive our tokens smoothly to their trading website.

100 coins are not big deal in xbrick exchange. As a matter of fact, it was already indicated in the whitepaper that they can accomodate over millions of transaction per second (if I am wrong from what I read). As long as the market capacity of this exchange will grow up, there is a tendency that it can list many coins as they can.

Definitely, because they can see a potential of their project that if they will succeed I think not only 2million transaction that they can transact in every seconds, for sure they will not do this if the token is limited only.

[coinstalker23]

XBrick has a world-class technical team. Partnering with professional advisers and
sophisticated investors, and based on a well-developed trading system, XBrick is
building a platform for high-quality blockchain-based assets to create a secure, reliable,
and efficient global cryptocurrency exchange.

This is the projects vision. How are they different to other projects there are many existing exchanges right now. How can we differentiate this project to the others. Do they have any other features that this projecto only have?