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

[Flygonz]

Hope to cooperate with us in future.

IF BOTH PARTIES GET THEIR SUCCESS IN THE FUTURE,
ICO finish and great sales ahead.
collaboration of this two project will be a big leap in crypto community.

*supporting*

That's right all.of the exchange project wants to have a larger exchange site and as what as the xbricks platform that has a more secure features and also has a characteristic that can procees a million orders
i think that it is more better than the other.

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[Greninja]

Just like you i'm still trying to understand hard the concept of "Global Consolidated Order Book" XBrick sports.

seems they are going to have a larger platform, this is not just about trading after all.
i think they are aiming for a sports betting site also!
If this happened Xbrick will be a big thing then.
token holders are not just having it for trading or fees, they will also use the token for betting.

i am not 100% sure of this! just thoughts!

It is only your speculation dude  to make this platform become a larger exchange site. But it maybe or maybe not to make it happen. And I think

all ico project are aiming to this kind of goal which is to become one of the larger exchange in crypto world. It has a high-performance trading

engine of XBrick is capable of processing more than 2 million orders per second. XBrick is building a secure, stable and convenient global

crypto currency exchange.

Are you saying gidcoin that you are hoping that the other projects will cooperate or have partnership with the xbrick in the future?

[mysayuri87]

Very nice! A new exchange!
I will join telegram and hopefully this becomes successful like Binance! 

Despite we have also successful currency exchange like binance today ,,but I'm also excited and interest to run the market as world-class cryto currency exchange in the word of cryto,, and see the difference between  of us,Although some of viewers  here will also doubt about the figures of security,between the user of  xbrick and this is a big challenges to tumps-up! both of us,,,

[CannonWarrior]

Hope to cooperate with us in future.

The Frequently Asked Questions or most commonly known as FAQs is very helpful to the people who wants to invest in the xbrick's project that has several questions on how this project eotks and what is their function

[Chimecho]

This is a new exchange platform and wants to be a world-class platform. I think the exchange platform is now very much, what is the uniqueness of your platform? to be able to compete with other platforms. the exchange plan for fiat is also available besides the dollar? Good luck

If there will be an additional idea in the platform of XBRICK,
I would suggest that KUCOIN trick is really good to gather more traders.
the volume and amount they will deposit on the market and the trading they will do.
there will be winners and have special prizes. old but really works.

One of the unique feature of the xbrick project platform is that they can project two million orders per second.
That is one of the unique featurws of this project. I hope my answer will help you.

[Alonczek]

Xbrick will be selective on the tokens that they will introduce on their platform.

Only the strong and have a huge potential will be on Xbrick's Exchange. Correct me if I'm wrong.

That will be the question. So ICO tokens will also be listed in XBRICK exchange or also depends on the potential of the tokens? If they will be selective so how are they going to catch more clients?

[Muanna]

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

XBrick is looking forward to the future where crypto currencies are somehow centralized, or has been addressed by local governments by implimenting stricter AML as stated above. If this really happens, people will not have a choice but to use platform similar to XBrick. I think many of those who believe in Bitcoin will disagree with this since it defeats the purpose of creating a decentralized currency.

Exactly. Not all will want centralization since cryptocurrency is designed to be decentralized, so not everyone will like this idea i think. Aside from that they will be requiring KYC from their users. I understand their reasons but it is not too convinient for everyone.

[cryp24x]

XBrick is an Australian cryptocurrency exchange. Xbrick's platform has a high-performance engine just like KuCoin exchange. It can process more than 2 million orders per second. So it is guaranteed that there is no delay in the whole process. Supports KYC for the purpose of Anti-Money Laundering regulation.

Why KYC seems to be so important? Almost every crypto exchange now requires KYC for you to be able to withdraw your funds. Personally, I am not totally in favor of it because it doesn't match the anonymity feature of cryptocurrency. I find inconvenient when I am just going to withdraw a small amount.

KYC policies have been more extensive and they are very important in financial institutions. Because of corruption, terrorist financing, and prevalent money laundering, KYC process have now been a vital tool to avoid illegal transactions. This will ensure that the financial institution is doing business with its customers legally.

KYC is important because it ensures that the user of the platform is a real person. KYC is normally for banks to ensure that there is no money laundering involved in transactions as well as to monitor client behavior. As of now, there are no laws with regards to requiring it with crypto currency exchanges but their expected trend is that it will soon be regulated, and those who are not doing it would have to comply.

But banks is different from cryptocurrency exchange. I disagree to have a KYC since it was just delaying our transferring of funds from another wallet in a rapid manner. What if I don't have a legal ID because I am just 19 years of age? Yes, I don't have yet a government ID right now since my driver license was expired last year, but I want to use an exchange. So it means, all of exchange are for the people who have ID's only. No way, I have my funds too.

I don't think delay would be an issue since the wp says:

The entire registration and verification process could be completed in as little as 5 minutes.

Having no ID though would be an issue. Even students have IDs.
Anyway, the main idea about their KYC based on the wp is:
Despite not being regulated by Australia’s anti-money laundering and counter-terrorism financing regulations, XBrick has pioneered an advanced anti-money laundering ID verification system to prepare for potential regulations. We put significant effort into ensuring our ‘know your client’ process complies with all existing legal requirements.

I completely agree with you. I believe that XYC is made by XBrick to comply with all existing legal requirements as most of the financial markets and institutions do. This is also to prevent and limit fraudulent activities being made on the platform if someone attempts to do so.

[Rapha-EL]

This is a new exchange platform and wants to be a world-class platform. I think the exchange platform is now very much, what is the uniqueness of your platform? to be able to compete with other platforms. the exchange plan for fiat is also available besides the dollar? Good luck

Is it? I didnt see in their whitepaper that they are planning to have crypto to fiat conversion also i just know that they want to be a world-class cryptocurrency. If it is in their plan of converting to fiat as well that will be another portion to be added to their whitepaper. They have to explain in details how they are going to make it.

[Shikaina]

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.

I dont know how it is going to work offline. Does Ubbey Box operates with out internet connections? I believe the purpose for doing it is to reduce the risk of being hacked but i have no idea how it goig to happen with out internet connections.

[wudackprod]

I think XBrick is an Australian cryptocurrency exchange with good perspectives. I like your team because they have experience in cryptoworld. Ethereum blockchain fast and safe, transparent.

[ZeidFreak]

This is based on their Whitepaper XBrick’s technical and operational specialists are building a world-class crypto currency exchange. This is why the trading system well-developed, they want to have a secure,reliable and efficient exchange and to compete those biggest volume trading, Well in fact Xbrick is a high quality blockchain based assets. What's your thoughts on this?

[vicvicto17]

I think XBrick is an Australian cryptocurrency exchange with good perspectives. I like your team because they have experience in cryptoworld. Ethereum blockchain fast and safe, transparent.

Yes this is an Australian Trading Exchange company they want to compete on the highest quality based blockchain platform in the world of cryptocurrency. You must know that anything that are 3rd party exchange is partly risk. Yes the company itself will promote their campaign to be transparent and safe. Actually i read their article about their newest devices the Universal lab are you familiar about this?

[vincentong17]

Basically speaking, whatever you trade your favorite cryptocurreny, you will get  XBrick Coin (XBC) in return! and if you can get alot of XBC when you trade you should value it coz one day the price could increase depends on the demand of people who wants to trade. Australian community is very oprn when it comes to cryptocurrency so they are literally into it.

[benalexis12]

I think XBrick is an Australian cryptocurrency exchange with good perspectives. I like your team because they have experience in cryptoworld. Ethereum blockchain fast and safe, transparent.

Yes this is an Australian Trading Exchange company they want to compete on the highest quality based blockchain platform in the world of cryptocurrency. You must know that anything that are 3rd party exchange is partly risk. Yes the company itself will promote their campaign to be transparent and safe. Actually i read their article about their newest devices the Universal lab are you familiar about this?

It depends on how you risk your money. We need to manage carefully about our tokens and wallets. Yes you're right on the second sentece vicvicto that  the exchange are 3rd party user they keep your coins in their exchange but not holding your private key it means they are responsible for this if somebody will hack the system, i would recommend you guys a hard wallet and i'm selling it online if you wish then pm me.

[GhostBooster]

Nice project. I like the idea of educating the public on the benefits of blockchain.
 Looking forward to more info regarding the features and the token.

they are not here to educate the people with blockchain.
they are doing some ICO to have funds or promote their project.
Xbrick is all about the future exchange that will be an additional player in the market of cryptocurrency.

i will go with cherryganda, this is not a joke or what.
they are not to educate people
ICO will never go with that.
they are here to earn money and popularity.
got it

I think we need to clarify this one. I believe what Go2Coin mean was with their statement on the first page of this ANN Thread. Go2Coin is pertaining to their plan in addition to their main goal. Their blockchain supporters want to help people due to a deep sense of social responsibility.

Here's an excerpt of what they have said.

The XBrick team is comprised of blockchain supporters with a deep sense of social responsibility. Consequently, in addition to offering you the services set out in this paper, we will also be endeavoring to promote blockchain technology, which may include educating the public on the benefits of blockchain, hosting global blockchain forums and summits, creating university scholarships, and encouraging researchers to explore blockchain technology.

[PopoyDog]

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.

"Hitting two birds with one stone" as what they say. Who would say no to 50% discount on your trading transactions? Plus lots of perks exclusively offered for XBC coin users. This is quite enticing for cryptocurrency users. The people behind this must really have business strategic minds to have something like this.

[ezbreezy08]

I think XBrick is an Australian cryptocurrency exchange with good perspectives. I like your team because they have experience in cryptoworld. Ethereum blockchain fast and safe, transparent.

Yes this is an Australian Trading Exchange company they want to compete on the highest quality based blockchain platform in the world of cryptocurrency. You must know that anything that are 3rd party exchange is partly risk. Yes the company itself will promote their campaign to be transparent and safe. Actually i read their article about their newest devices the Universal lab are you familiar about this?

It depends on how you risk your money. We need to manage carefully about our tokens and wallets. Yes you're right on the second sentece vicvicto that  the exchange are 3rd party user they keep your coins in their exchange but not holding your private key it means they are responsible for this if somebody will hack the system, i would recommend you guys a hard wallet and i'm selling it online if you wish then pm me.

Well we have alot of exchange now and most of them are subject to hack by those genius scammers so if you really save your coins then protect it and keep your private key safe. I use metamask and mew and to track my coins i use eth eplorer. well if XBC could do better than Ethereum then i am very confident they can enter the top 10 cryptocurrency.

[MashaAndBear]

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.

XBrick Exchange Trading Festival? The event title itself is really inviting and something really big. I feel that this must be really exciting for traders. I'm sure this will gain lots of transactions as the prizes are really good.

[eXEMpted]

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.

Our thoughts are parallel on this. Usually, things change for the better. They are seeing areas for improvement on the existing ones so they make changes and work on it for more improved and secured services. And I also believe as quoted above that this platforms with well- established AML procedures could be in better position as they comply with this aspect.