What is Encrybit?
Research based modern cryptocurrency exchange with an attractive UI and is fully equipped with a plethora of advanced features.
MARKET RESEARCH
Encrybit provides users with extensive market research tools which include data analytics, trading strategies, trade signals, cryptocurrency news, social feeds and real-time coin announcements.
TRANSPARENT POLICIES
Encrybit developing transparent user policies with regards to the coin listing process, trading fee structure, airdrops and forks, so traders can anticipate how to deal with these events and take action to achieve the most favorable outcome.
MULTILINGUAL SUPPORT
Encrybit will initially be launched in English but will slowly be adapted to be fully supported by multiple language variants, which will include regional support teams. Immediate plans implements are in place to support Chinese, Japanese, Korean, Russian, French and Italian. New language support will be included depending on the number of users from a particular country.
MODERN USER INTERFACE
Encrybit is the first cryptocurrency exchange with a modern trading platform that sets it apart from the traditional style of exchanges available in the current market. The Encrybit UI/UX promises a trading experience like no other.
INTERACTIVE TECH TOOLS
Encrybit is adding popular technical analysis tools for traders to study & analyze market movements and price action accurately on a single platform. Encrybit trading platform will minimize the use of API’s to trade on third party paid platforms.
SECURITY
Encrybit is including ISO/IEC (International Electrotechnical Commission) 27001:2013 CSS (Cyber security standards) and CCSS (cryptocurrency security standards) for platform infrastructure. ISO/IEC 27001 specifies a management system to bring information security under management manifest control.
Market Research and Analysis
Encrybit R&D team is well organized to analyze cryptocurrency market and traders emotions about the cryptocurrency exchanges. To develop traders based exchange its important to point the traders challenges and expectation from the trading platform. Encrybit found the best way to identify the traders emotions and that was surveys. One of the most top successful surveys of cryptocurrency community.
Survey 1 - Cryptocurrency exchange problems and challenges []
This survey was organized to collect the valuable suggestions from traders regarding the problems they are facing while trading their assets on trading platforms. With response of over 1100+ participants Encrybit is considering the traders thoughts to create future of cryptocurrency exchange. survey timeline and insights.
Survey 2 - Cryptocurrency Exchange Evaluation Survey 2018 Global Analysis & Insights []
Cryptocurrency Exchange Evaluation Survey was conducted among traders to collect exhaustive details on advanced trading features, personal preferences and expectation from exchanges . With massive response of 11k+ traders around the globe from 167 countries, Encrybit will be the first cryptocurrency exchange that will change the way of trading because its all based on the thought of traders survey timeline and insights.
ENCRYBIT SOLUTION
VISION
- To be a Top 10 cryptocurrency exchange by 2021.
- To attract customers and maintain engagement with well-planned promotions, activities, giveaways.
- To have fair and transparent policies for the benefit and respect of our customers.
- To have integrity, honesty and to do good.
FEATURES
- Full suite of professional charting tools
- Interactive trading (from charts)
- Social trading, including copy trading and blogs.
- Broad order book (L1, L2)
- Profit & loss reporting tool implementing BI (business intelligence) format reporting to help customers manage their investments.
- Coin screener, News feeds, Smart alerts, more
SECURITY
- Multi-layer firewall manageable from multiple locations.
- Multiple datacenters for redundancy.
- Watchdog algorithm to monitor exchange activity and shut off attacks.
CUSTOMER SERVICE
- Multilingual Support
- We believe that amazing customer service is what makes a business shine.
- Customer issues actioned as a priority.
- Streamlined support with defined timescales.
TEAM
- A professional software development team that has been providing solutions to large companies since 2009.
- In-house expertise with architecture, coding, infrastructure to deliver high performance and optimum results in a high volatility market.
FEES
- All fees will be kept marginal and low.
- An introductory zero-fee period to attract new customers.
- 50% discount if fees paid using the Encrybit token.
ENCX is the key element of the Encrybit ecosystem, It will be utilized to administrate the exchange operations with multiple uses in various tasks and fees. ENCX will also determine the exchange revenue model with trading, coin listing, and various other activities.
We’ll be utilizing three important activities for increasing ENCX token demand:
- One can utilize ENCX to encash a 50% discount on the trading fee.
- 40% of coin listing fee will be charged in ENCX.
- Every quarter Encrybit will utilize its 10% of total profit to buy back the ENCX from circulating supply. Burn process will be in action immediately after successful buyback every quarter.
There will be more activities and products Encrybit will launch which will be available for community utilizing ENCX.
Total supply is 270,000,000, circulating supply after the sale will be 172,800,000 and per ENCX price is $0.2. 60% of total supply is available for sale during Private, Pre and Public ICO.
TOKEN ALLOCATION
- 50% Token for Sale
- 2% Referral and Bounty
- 2% Advisors
- 11% Encrybit
- 10% Founders
- 10% Early Investors
- 5% Team
- 10% On-going development Funds
- 30% Development
- 25% Marketing
- 15% Administrator and Support
- 13% Security and Audit
- 2% Legal
- 15% Reserve
ROADMAP
Q1 2018- Jan, 2018 to March, 2018
- Foundation Establishment
- Internal Team Formation
- Planning of Exchange Development
- Launching of Internal Tools & Services
Q2 2018- April, 2018 to June, 2018
- Encrybit.io Website Launch
- Corporate Entity Establishment
- External Team Building
- Exchange Feature Prototype
- LitePaper Published – English, Korean, Russian, French, Malay, Italian
- ICO and Exchange Marketing
- Listing of Encrybit in Major Publications
- Cryptocurrency Exchange Problems Survey
Q3 2018- July, 2018 to September, 2018
- Community Building
- Global Promotion and Publication of Encrybit
- Cryptocurrency Exchange Evaluation Survey
- Launch of Main ICO Website along with Whitepaper and Prototype
- Pre-ICO Bounty Programs
Q4 2018- October, 2018 to December, 2018
- Private Sale Launch
- ICO Goes Live Round 1 – Pre Sale
Q1 2019- Jan, 2019 to March, 2019
- ICO Round 2 – Public Sale
- Marketing and Promotions of Exchange
- Exchange legal and compliance process
Q2 2019- April, 2019 to June, 2019
- Exchange Algorithm and Security Testing
- Marketing, Promotions & Useful Partnership Programs
- Coin Listing Registration Starts
- Private Beta Test Launch
Q3 2019- July, 2019 to September, 2019
- Exchange Public Test Launch and Bug Fixing
- Marketing, Promotions & Useful Partnership Programs
- Encrybit Exchange Live
- R&D team Setup to Explore Decentralize Exchange on Compatibility and Process
Q4 2019- October, 2019 to December, 2019
- Marketing, Promotions & useful Partnership programs
- Multi Chart feature launch
- Advance Order summary feature launch
Q1 2020- Jan, 2020 to March, 2020
- Chat Feature Launch
- Social Trading Launch
- Trailing Stop Loss Launch
- Marketing, Promotions & Useful Partnership Programs
- Announcement on Decentralized Exchange by R&D Team, Further Steps will be carried out based on the Report.
Q2 2020- April, 2020 to June, 2020
- Ongoing R&D to provide more Unique Functionality
- Develop and Launch Features as per the Market Trend
- Partnership, Promotion, Events, Marketing and whatever it takes to be on top 10 by Q2 2021.
Website: https://encrybit.io/
Whitepaper: https://encrybit.io/pdf/encrybit-wp-v1.pdf
Telegram: https://t.me/encrybit
Facebook: https://www.facebook.com/encrybitofficial/
Twitter: https://twitter.com/enbofficial
Bitcointalk profile: redtrust
Ethereum Address:0x6E7abE1d59BF334c13B5b0426E091Da269475072
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