[ANN] - BITSFOX.com - pretty good cryptocurrency exchange + BFB investment token

[BitsFOX]

http://bitsfox.com/ is happy to announce the launch of its cryptocurrency exchange.
The platform offers best of the features to provide industry standard for cryptocurrency exchanges.

How we differ from most competitors:

• User friendly, adaptive customizable interface
• Ultra low trade fee and withdrawal fee!
• Realtime profit system for investors (BFB holders)
• Fully original codebase
• PWA compatible mobile web application with swipe support and android app.
• Ready for high loads trading system with fast order execution.
• Multi-language support for better user experience (non auto-translate)
• Support for any device and screen resolutions
• Realtime tradingview chart integration.

System:
High Performance trading engine written from scratch able to process orders in multiple threads.
Built-in strong concept confirmation of order execution like the blockchain.
Support now: "limit" and "market" order types.
The accuracy of processing and saving orders is solved up to 128 the numbers. This opens up great opportunities, for example:

• trade on any amounts and prices with any decimal value.(at the moment we are testing this feature)
• internal dividend accrual real-time token for all token holders.

Interface:
Adaptive modular interface using SPA technology. Excellent UI / UX optimization.
PC version, with the ability to customize the interface in "classic mode" and nice "advanced mode" for pro users.
Mobile version and APP: portrait and landscape modes (better for tablets).
Adapted for all popular browsers (Chrome, Firefox).
Nice night mode included!
Fast loading! Because we do not use any of the frameworks, like "bootstrap", "react" etc.

Internationalisation:
Multi-language support with automatic detect and custom language selection function.
supported: English, Japanese, Korean, French, Chinese, Deutsch, Español, Russian.
Fully human translated - English, French, Japanese, Russian.

Security:
Anti DDOS protection, CSP configuration, network protection.
Minimize the possibility of hacking through known vulnerabilities because we have the original codebase, even the database.

Available trading pairs:
BTC / BFB, BTC / LTC, BTC / DOGE, BTC / SINS, BTC / QTUM, BTC / BCH, BTC / SPRTS, BTC / PND, BTC / DASH
BTC / ANC, BTC / XSN, BTC / AXE, BTC / POLIS, BTC / SMM, BTC / DOPE, BTC / PAC, BTC / LINDA, BTC / XZC
BTC / EMC, BTC / FLO, BTC / GAME, BTC / HTML, BTC / LCC, BTC / RVN, BTC / VTC, BTC / VIA, BTC / GFR, BTC / ESBC

DOGE / BFB, DOGE / LTC, DOGE / SINS, DOGE / QTUM, DOGE / BCH, DOGE / SPRTS, DOGE / PND
DOGE / DASH, DOGE / ANC, DOGE / XSN, DOGE / AXE, DOGE / POLIS, DOGE / SMM, DOGE / DOPE, DOGE / PAC
DOGE / LINDA, DOGE / XZC, DOGE / EMC, DOGE / FLO, DOGE / GAME, DOGE / HTML, DOGE / LCC, DOGE / RVN
DOGE / VTC, DOGE / VIA, DOGE / GFR, DOGE / ESBC

Planning:
In the near future, we plan to launch system of "advanced" orders:
each user will be able to create a likeness of your trading bot, and easily manage it through a special menu.
for example, you can create an order that will open when a certain price is reached and close when the price reaches another price, and you can set it to a lower value at which it can close if the price falls too much. That is, you can create an order that will respect your interests and that does not need to be monitored.

"Create code" function.
(the concept and design are ready, integration into the system and testing are expected).

Also we planning launch "achievement system" for users. (it's ready by 50%).
Some of "achiviements" will contain gambling and viral marketing elements, like "Invite a friend" and "share result" in social networks with link to bitsfox.com
Add 60+ new cryptocurrencies to the system
Two-Factor user authorization.
API for trading and statistics.


Our token [BFB]:
We made product that can compete with the leading exchanges in this market, for fast growing, we are interested in the investors, because we need an start advertising company, we launch a special exchange based token called "BFB". each holder of the BFB token receives a part of the exchange's income.
10 000 000 BFB = 100% income.
The profit is distributed in real time after each trade. You can watch this in a special tab "investment" or at the bottom of the site.
We plan to sell about 4 500 000 BFB by the end of the year.
The proceeds will be spent on advertising campaign, purchase of additional servers, solving legal issues and obtaining licenses.

The quantity proposal will be placed according to the logarithmic principle
The first users will be able to purchase BFB at the most delicious price!

We hope to see you on our exchange!
Best regards!

[1714055974]

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[1714055974]

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[1714055974]

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[1714055974]

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[BitsFOX]

[reserved]

[Staser0k]

Great exchange, the team is very friendly, I like

[condoras]

Can you please explain how your invesment system works and how the profits are calculated?
After this question, comes another one about why someone to trust you (i mean your exchanger) and deposit there...

[BitsFOX]

Hi!

Profit for the investors (BFB token holders) is generated from all trades that have been executed in the Bitsfox trading system and a commission from the transaction is 0.025% from each of the parties.

For example, user1 buys 1 LTC for 1 BTC: we charge a commission of 0.00025 BTC at the time of the order creation. So, 1.00025 BTC is charged from its balance for sending order to work.

On the other hand, 1 LTC from user2, remains intact integer value, but at the moment of transferring BTC to the balance of the seller 0.025% is additionally deducted from 1 BTC.

As a result, the seller receives 0.99975 BTC for this sale.

We get the profit from this operation is 0.05% = 1/2000 part deal’s summ.

Commission from transaction enters the profit distribution module immediately after execution of the order.

The distribution is fully proportional to the number of all BFB shares (10,000,000) and corresponds to the formula: Profit / 10,000,000.

In our example, if one of the investors owns 1 BFB, then 0.000 000 000 05 BTC will be credited to the balance.

Even at 0.000 000 01 BFB a profit of 0.000 000 000 000 000 005 BTC will be accrued.

All financial transactions inside Bitsfox, pass in the mode up to 64 characters before the point and 64 after point for the totals. Resulting profit for each client shows the real-time counter in the status bar.

***********************************

Concerning the second question:

 A large number of market failure is connected with the loss of trust.

The supplier ceases to trust the buyer, the buyer delays the execution of orders, the client is forced to wait and pay interest on the loan, which affects his financial condition.

Even more examples can be recalled from the crypto industry in 2017, when scam projects and trading algorithms for owners of various sites simply pumped out and devastated the balance sheets of their users.

Members of our team also felt it on themselves with merging their deposits on artificially knocked-out feet and the usual deceptive manipulations from the exchanges.

After studying this industry and having experienced everything “on our own skin”, we had a goal to make a platform that would become a virtual home for a huge number of people looking for honest and friendly relations in the crypto world.
In November 2017, we started the production of a prototype using the server part of our previous project in the network of merging stores for auto parts retail.

In February 2018, we switched to alpha testing ... But fate decreed for the better, and the prototype did not even withstand 100 customers online.

We started looking for a solution that could provide us with at least 10,000 stable connections at the same time.

We tried many different options for six months, but they were all not viable in our criteria.
Losing the last hope for success, understanding that there are no great solutions, we decided to create everything from scratch, both front-end and server-side.

The result struck us! In the test loads, we held 3,500,000,000 probable simultaneous connections, and 7,000,000 ping-pong transfers per second between the server and the browser, with a channel width of 200 megabits.

From August 2018, we began to build the second version of the prototype, and in April 2019 the project started.


RESULT:

+ The speed and quality of the front-end work exceeds all metrics and tests
   (https://gtmetrix.com/reports/bitsfox.com/DeEVD00H)
https://clip2net.com/s/41ac8Lm
https://clip2net.com/s/41ac9YF

+ Network load works at 40% of our capabilities;

+ Transaction processing speed is at the minimum required level of 70-100 orders per second.

   Now we need funds and some time to reach the expected 97-100% of network interaction. The number of transactions per second that we can implement is so great that it may well not have limitations in a simplified understanding, and this is not less than 56,000 orders per second, which is many times the need.

   After the release of the second, funded version of the portal, these results become reality. You can connect the load in the form of additional services to increase the profitability of BFB shares (multi-player games, Internet of things, real businesses).

TOTAL:

That time spent working on Bitsfox gave us an understanding of how we love our creation! We are devoted to our idea with all our heart, putting our future at stake!
We decided:
+ if we'll provide users with what they wish to see in our project and in general in the industry, then the return for us will be many times higher in all areas - financial, moral, ethical!

   You ask about trust? Yes, this question worries many people.
And for each person, the criteria for trust are determined by his perception of the world. And it is very personalized.

   For some, the usual look at the page in the browser will be sufficient to establish full confidence.
And someone wants to learn the principles of trade or network interaction, to draw their own conclusions.
Viewing ads and forums are also deciding factors for many people.

   And someone just wants to personally communicate with the founders of great creations! )))

   At one time many other global projects also received a trust and support from a certain circle of people.

And we say that we are the best on the Internet. Analogues of our web-site simply does not exist.

After launching the second final version, we will be out of reach for those who remain on the same technical solutions.

And all because we are committed to our idea and get the desired result.

We just love our project! We are loyal to our users! We are going to succeed!

Thanks!

Best regards, the BitsFOX team.

[postriba]

add Ritocoin #Rito
ANN: https://bitcointalk.org/index.php?topic=5076284.0

[BitsFOX]

First lising request, good 
Will you be able to provide liquidity to your trading pair if we add your coin to bitsfox exchange?

[rijaljun]

Just checked the exchange, it uses classic interface, good enough.
What platform will be used to create BFB token? and How the tokensale will be conducted?
I think you still need much informations to be added on this thread, as you are a newbie it's impossible to add graphic on the thread. Therefore, you may need to buy chopper member or hire higher rank member to help you post the thread to perform graphics.

[TimeTeller]

And another thing to consider here, where is your exchange legally registered?
I know that's a classic question, but it is very important in gaining the credibility of your exchange.
Hundreds of exchanges are now existing and it is better to deal with few of them that you know will not be a problem in the future.

[jommy99]

Being part of the Pandacoin development team, I feel I can say that Pandacoin has been very happy so far working with BitsFox.com. From what I have seen working with the team and exchange so far, their future looks bright.  I sent you your first merit, that should help a little with what you can do here on your thread.  Keep up the good work! 

[BitsFOX]

Being part of the Pandacoin development team, I feel I can say that Pandacoin has been very happy so far working with BitsFox.com. From what I have seen working with the team and exchange so far, their future looks bright.  I sent you your first merit, that should help a little with what you can do here on your thread.  Keep up the good work! 

Thank you my dear friend! It's very nice to hear!
I'm glad that our project is able to help other projects to develop and grow. I want to note that in the initial selection of assets for listing, we tried to choose very young projects that may be interesting in the future, or those that are promising but have very few markets for trading. 

Just checked the exchange, it uses classic interface, good enough.

Thank you for being interested in our project! Yes, we use the classic interface as the main, but you can also go to the advanced mode by clicking "Advanced mode" in the header and the interface will be like that of the fashion exchanges.

What platform will be used to create BFB token? and How the tokensale will be conducted?

We do not plan to use any platform for the token sale, we already have our own, this is the engine of the exchange. Our token can be classified as an exchange-based token. The sale has already begun since April 15, we decided to do so in order to achieve the most honest distribution of the token between investors, without bounty and presale at a special low price. I also want to note that we are very limited in manipulations and can not run the bot to create visibility, because each transaction automatically accrues interest to all investors. Everyone can easily verify the unavailability of manipulation, if he will look into the category of "Investment" in the header.

I think you still need much informations to be added on this thread, as you are a newbie it's impossible to add graphic on the thread. Therefore, you may need to buy chopper member or hire higher rank member to help you post the thread to perform graphics.

I fully agree with you. we are preparing a full update of the announcement with "white paper" and "our manifest", as well as pictures, diagrams and other things. We also want to make this update more interesting by adding new features such as custom decimal values for some currencies and an updated logo. I think we've already raised enough money to buy a copper membership.

You made a good point about hiring. We have our own internal system of encouraging users who are actively involved in the development of our project, engaged in advertising, testing and other things. We simply transfer a certain amount of BFB to the balance of this user and he makes a profit as an ordinary investor and is interested in the growth of our exchange, but does not have the right to sell these tokens, at least until the end of the sales period, which is scheduled for the end of this year.

I also want to inform you that everyone who feels that he is ready to work in our team, on these terms, can write to me here, or in private messages.

[BusWay18]

Nice Website simple and easy to use...by the way do you required KYC for deposit or withdrawal?

[BitsFOX]

And another thing to consider here, where is your exchange legally registered?
I know that's a classic question, but it is very important in gaining the credibility of your exchange.
Hundreds of exchanges are now existing and it is better to deal with few of them that you know will not be a problem in the future.

I understand well the concerns of many people who ask this question. The fact is that at the time when our project was half ready, the government of our country banned the use of cryptocurrencies and it became impossible to register the company. (At the moment we are based in Russia). Moreover, we planned to start working with Fiat currencies, because we understand that without this it will not be possible to provide a good user experience and there will be little liquidity. But it was too late to retreat and we decided to register a company in England or Estonia and even got advice from one of the companies that will help us in this. So far we are dealing only with cryptocurrencies and we do not violate the law. It was sad to see how many people wanted to invest in our exchange Fiat funds, but could not do it because they do not know how to buy bitcoins. I hope that in a month we will be able to brag of full legal purity of our business and users will trust us

Nice Website simple and easy to use...by the way do you required KYC for deposit or withdrawal?

Thanks for your feedback! About the KYC regulations. I can say that at the moment we are in the jurisdiction of the country in which this moment is not regulated, and even the status of cryptocurrencies is not defined. Therefore, you can make a Deposit and withdrawals without fear. However, since we are planning to register in another country, we promise that we will choose a jurisdiction that will be as loyal as possible to users from all countries and will not require complex user identity verification.

[arjuna BTC]

What platform will be used to create BFB token? and How the tokensale will be conducted?

We do not plan to use any platform for the token sale, we already have our own, this is the engine of the exchange. Our token can be classified as an exchange-based token. The sale has already begun since April 15, we decided to do so in order to achieve the most honest distribution of the token between investors, without bounty and presale at a special low price. I also want to note that we are very limited in manipulations and can not run the bot to create visibility, because each transaction automatically accrues interest to all investors. Everyone can easily verify the unavailability of manipulation, if he will look into the category of "Investment" in the header.

so, BFB have its own chain from the beginning ? wich mean this BFB is not an ethereum based tokens or waves based token or others
is there any social media link to the CEO and others team from this exchange project
thank you

[TimeTeller]

And another thing to consider here, where is your exchange legally registered?
I know that's a classic question, but it is very important in gaining the credibility of your exchange.
Hundreds of exchanges are now existing and it is better to deal with few of them that you know will not be a problem in the future.

I understand well the concerns of many people who ask this question. The fact is that at the time when our project was half ready, the government of our country banned the use of cryptocurrencies and it became impossible to register the company. (At the moment we are based in Russia). Moreover, we planned to start working with Fiat currencies, because we understand that without this it will not be possible to provide a good user experience and there will be little liquidity. But it was too late to retreat and we decided to register a company in England or Estonia and even got advice from one of the companies that will help us in this. So far we are dealing only with cryptocurrencies and we do not violate the law. It was sad to see how many people wanted to invest in our exchange Fiat funds, but could not do it because they do not know how to buy bitcoins. I hope that in a month we will be able to brag of full legal purity of our business and users will trust us

Okay, appreciate your honesty here.
Hopefully, you will get your legal documents before you become a full-blown cryptocurrency exchange with so many traders on board.
I'm not saying that something might happen in the future, but this is a good assurance for your investors if you can boast your legitimacy to them.

[RuTranslator]

Russian Translation Reserved

[rijaljun]

What platform will be used to create BFB token? and How the tokensale will be conducted?

We do not plan to use any platform for the token sale, we already have our own, this is the engine of the exchange. Our token can be classified as an exchange-based token. The sale has already begun since April 15, we decided to do so in order to achieve the most honest distribution of the token between investors, without bounty and presale at a special low price. I also want to note that we are very limited in manipulations and can not run the bot to create visibility, because each transaction automatically accrues interest to all investors. Everyone can easily verify the unavailability of manipulation, if he will look into the category of "Investment" in the header.

It's interesting to know all about this since this is a unique things. Exchange-based tokens? How the transactions work? Does it have its own algorithm and blockchain? Or it's just a centralize token, maybe like a stock?

[BitsFOX]

so, BFB have its own chain from the beginning ? wich mean this BFB is not an ethereum based tokens or waves based token or others

BFB starts the chain with the first trading operation on bitsfox and does not use third-party platforms. Any operation is confirmed by the calculation of the investment which is taken from the Commission for the operation and is visible to all users. This can be called as "proof of investments".

is there any social media link to the CEO and others team from this exchange project
thank you

Unfortunately I don't have a social media account. More precisely I had a account in VK, but I forgot the password and for 4 years can't log in to my account
I'll ask the team if their profiles can be used for the updated announcement. Undoubtedly, real people in the team will contribute to the creation of greater confidence in us.
I also want to announce our group in a telegram, where you can always contact us.
t.me/bitsfox
@bitsfox

[BitsFOX]

It's interesting to know all about this since this is a unique things. Exchange-based tokens? How the transactions work? Does it have its own algorithm and blockchain? Or it's just a centralize token, maybe like a stock?

I like when things made by our team are called unique. But in fact, the system is simpler than it seems. BFB is a centralized token, but its difference from the usual centralized tokens is that it participates in the profit distribution system for investors, that is, the presence of this token on your balance, tells the system that when distributing profits, you also need to replenish the balance in bitcoin, if for example there was an operation in the bitcoin market

[BitsFOX]

We've added a new feature! ⚡️ Info block for each coin. This can tell about some features or call to purchase, perhaps something else. Using HTML markup and inline styles allowed. There is support for all languages.