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Author Topic: [ANN] [ICO] 🚀🚀🚀 Bit.Team - New Cryptocurrency Exchange with BTT Token! 🚀🚀🚀  (Read 112603 times)
digital67
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November 11, 2018, 09:14:38 AM
 #381

so how does the trading works exactly? can you somewhat explain in brief?

Here is how the purchase process will be organized at BIT.TEAM:
The deal will be concluded directly, with minimal costs and maximum security. The buyer will purchase the desired cryptocurrency directly, quickly, and without intermediaries.


and you guys got different level of bonuses when I decide to purchase or invest?
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Bit.Team Official Support (OP)
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November 11, 2018, 09:15:28 AM
 #382

so how does the trading works exactly? can you somewhat explain in brief?

Here is how the purchase process will be organized at BIT.TEAM:
The deal will be concluded directly, with minimal costs and maximum security. The buyer will purchase the desired cryptocurrency directly, quickly, and without intermediaries.


and you guys got different level of bonuses when I decide to purchase or invest?


Yes that is correct. We have different level and percentage of bonuses depending on what stage you'll be purchasing tokens. The earlier you do, the more bonuses you will receive.
digital67
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November 11, 2018, 09:16:34 AM
 #383

so how does the trading works exactly? can you somewhat explain in brief?

Here is how the purchase process will be organized at BIT.TEAM:
The deal will be concluded directly, with minimal costs and maximum security. The buyer will purchase the desired cryptocurrency directly, quickly, and without intermediaries.


and you guys got different level of bonuses when I decide to purchase or invest?


Yes that is correct. We have different level and percentage of bonuses depending on what stage you'll be purchasing tokens. The earlier you do, the more bonuses you will receive.

cool. fair enough. I'm interested, good project by the way.
Bit.Team Official Support (OP)
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November 11, 2018, 09:16:53 AM
 #384

so how does the trading works exactly? can you somewhat explain in brief?

Here is how the purchase process will be organized at BIT.TEAM:
The deal will be concluded directly, with minimal costs and maximum security. The buyer will purchase the desired cryptocurrency directly, quickly, and without intermediaries.


and you guys got different level of bonuses when I decide to purchase or invest?


Yes that is correct. We have different level and percentage of bonuses depending on what stage you'll be purchasing tokens. The earlier you do, the more bonuses you will receive.

cool. fair enough. I'm interested, good project by the way.

Thank You!
sebast88
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November 11, 2018, 10:35:11 AM
 #385

do you have a linked in to check additional information for your company?
Bit.Team Official Support (OP)
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November 11, 2018, 10:35:30 AM
 #386

do you have a linked in to check additional information for your company?

Sure, it is : https://www.linkedin.com/company/bit-team-market-place/
sebast88
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November 11, 2018, 10:37:45 AM
 #387

I read your WP and understand that but is a utility token but from the legal point of view, BTT is what kind of token really? Can you explain?
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November 11, 2018, 10:39:42 AM
 #388

I read your WP and understand that but is a utility token but from the legal point of view, BTT is what kind of token really? Can you explain?

Each BTT token provides its holders with access to the platform and marketplace services. Thus, as a basic asset that gives users the right to use the platform, BTT is a utility token by nature.

From the legal point of view, there are grounds to assume that the BTT token passes the Howey test and can thus be classified as a utility token.
detroit01
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November 11, 2018, 10:41:37 AM
 #389

I read your WP and understand that but is a utility token but from the legal point of view, BTT is what kind of token really? Can you explain?

Each BTT token provides its holders with access to the platform and marketplace services. Thus, as a basic asset that gives users the right to use the platform, BTT is a utility token by nature.

From the legal point of view, there are grounds to assume that the BTT token passes the Howey test and can thus be classified as a utility token.

so it isn't clearly a security token but a utility token
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November 11, 2018, 10:41:54 AM
 #390

I read your WP and understand that but is a utility token but from the legal point of view, BTT is what kind of token really? Can you explain?

Each BTT token provides its holders with access to the platform and marketplace services. Thus, as a basic asset that gives users the right to use the platform, BTT is a utility token by nature.

From the legal point of view, there are grounds to assume that the BTT token passes the Howey test and can thus be classified as a utility token.

so it isn't clearly a security token but a utility token

Yes that is correct.
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November 11, 2018, 10:44:27 AM
 #391

As one (though not only) method of risk analysis, we have used the so-called Howey test, developed by the US Supreme Court as a result of proceedings in the famous case SEC v. W. J. Howey Co., 328 U.S. 293 (1946); this test allows to establish a connection between a financial transaction and an investment contract as a type of security.
Moreover, we have consider the position taken by the US Securities Commission (SEC), which has pointed out a number of criteria that allow to classify a token as a security.
detroit01
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November 11, 2018, 10:45:22 AM
 #392

As one (though not only) method of risk analysis, we have used the so-called Howey test, developed by the US Supreme Court as a result of proceedings in the famous case SEC v. W. J. Howey Co., 328 U.S. 293 (1946); this test allows to establish a connection between a financial transaction and an investment contract as a type of security.
Moreover, we have consider the position taken by the US Securities Commission (SEC), which has pointed out a number of criteria that allow to classify a token as a security.


total supply again pls?
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November 11, 2018, 10:45:49 AM
 #393

As one (though not only) method of risk analysis, we have used the so-called Howey test, developed by the US Supreme Court as a result of proceedings in the famous case SEC v. W. J. Howey Co., 328 U.S. 293 (1946); this test allows to establish a connection between a financial transaction and an investment contract as a type of security.
Moreover, we have consider the position taken by the US Securities Commission (SEC), which has pointed out a number of criteria that allow to classify a token as a security.


total supply again pls?

100 000 000 BTT is total maximum supply as per stated on our White Paper.
detroit01
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November 11, 2018, 10:46:30 AM
 #394

As one (though not only) method of risk analysis, we have used the so-called Howey test, developed by the US Supreme Court as a result of proceedings in the famous case SEC v. W. J. Howey Co., 328 U.S. 293 (1946); this test allows to establish a connection between a financial transaction and an investment contract as a type of security.
Moreover, we have consider the position taken by the US Securities Commission (SEC), which has pointed out a number of criteria that allow to classify a token as a security.


total supply again pls?

100 000 000 BTT is total maximum supply as per stated on our White Paper.

okay thanks!
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November 11, 2018, 10:46:46 AM
 #395

As one (though not only) method of risk analysis, we have used the so-called Howey test, developed by the US Supreme Court as a result of proceedings in the famous case SEC v. W. J. Howey Co., 328 U.S. 293 (1946); this test allows to establish a connection between a financial transaction and an investment contract as a type of security.
Moreover, we have consider the position taken by the US Securities Commission (SEC), which has pointed out a number of criteria that allow to classify a token as a security.


total supply again pls?

100 000 000 BTT is total maximum supply as per stated on our White Paper.

okay thanks!
You're welcome!
kriss1256
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November 11, 2018, 12:23:20 PM
 #396

so how much are transaction fees?
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November 11, 2018, 12:24:16 PM
 #397

so how much are transaction fees?

The fee on all cryptocurrency deals will be set at 0.2%, to be charged in BTT tokens.
sebast88
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November 11, 2018, 12:25:42 PM
 #398

so how much are transaction fees?

The fee on all cryptocurrency deals will be set at 0.2%, to be charged in BTT tokens.

and the market fee?
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November 11, 2018, 12:26:36 PM
 #399

so how much are transaction fees?

The fee on all cryptocurrency deals will be set at 0.2%, to be charged in BTT tokens.

and the market fee?

The marketplace fee will be set at 0.3%, to be paid in BTT by vendors and allocated for the BIT.TEAM administrative expenses.
sebast88
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November 11, 2018, 12:26:57 PM
 #400

so how much are transaction fees?

The fee on all cryptocurrency deals will be set at 0.2%, to be charged in BTT tokens.

and the market fee?

The marketplace fee will be set at 0.3%, to be paid in BTT by vendors and allocated for the BIT.TEAM administrative expenses.

that sounds good. Shocked
you really gotta love this project!
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