INTRODUCTION
Welcome my readers to this wonderful platform. Today I am writing an article on a very interesting and primising project called AZBIT. This project seems more interesting after reading the whitepaper. The project has a very good concept. I know this project will get high success. Consider investing. I am very happy with this project. I will explain a few more details below about this great project to make it easy for every one to understand.
WHAT IS AZBIT?
Azbit is a cryptocurrency banking structure. A multi-cryptocurrency exchange with in-built spot, margin and algorithmic trading in a wide range of instruments, including security tokens. An investment platform offering trade copying and social trading through ShareTrade and CopyTrade accounts. This platform is mostly built for the interest of customer it backed with strong experienced and professional team I hope greatly for success.
OUR MAIN OBJECTIVES
Our main objectives is to meet the needs of cryptocurrency projects and users for traditional financial sector services, and to provide access to investment products and to the crypto trading markets at large for the benefits of our investors.
FOR MORE DETAIL ABOUT THE AZBIT PLATFORM PLEASE WATCH THE VIDEO BELOW:
IMPORTANT FEATURES OF THE AZBIT PLATFORM
The important features of this platform AZBIT are written and explained as below take your time to read.
*. BANKING STRUCTURE
In this aspect, our aims to meet the needs of blockchain businesses for traditional banking services and fiat payment processing, while fully complying with European banking legislation.
*. A MULTI-CRYPTOCURRENCY EXCHANGE
At the core of the project is our own multi-cryptocurrency exchange, with support for security token trading. Our team already has experience of creating such a service — the Bitsane crypto-fiat trading platform, which has been successfully operating and growing since 2016.
*. INVESTMENT PLATFORM
Investment platforms are one of the key features of our project. Successful traders, working independently or in cooperation with funds, will be able to set up investment accounts and raise funding. Investors, in turn, will be able to analyze the activity and profitability of these accounts and thereby make investment decisions with more confidence.
*. ALGORITHMIC TRADING
Algorithmic trading will allow users to write trading bots using a built-in scripting language. This will enable automation of trading strategies of almost any level of complexity. Users will independently be able to create programs to perform autonomous trading on the exchange using a set algorithm. In future, the bots will support a significant volume of trading operations.
*. ALGO MARKET
The algo market is a special online marketplace for trading bots, scripts, and market indicators. Users will be able to buy and sell off-the-shelf trading bots. Developers will be able to earn money from creating algorithms, while investors will be able to receive a constant passive income by purchasing algorithms already developed.
*. WHITE LABEL
Private label and API access will allow developers to integrate Azbit infractucture services including wallets, electronic payments and investment products directly into their applications.
*. CRYPTO-FIAT PAYMENT PROCESSING
Our e-payment system will provide support and processing for all online and cryptocurrency payments and offer additional services such as instant exchange, p2p debt platform, cryptocurrency portfolio-backed P2P lending.
*. MULTICURRENCY CRYPTO WALLET
Our crypto wallet function will use the bank's infrastructure for cold storage of funds with bank grade security on offline servers in a separate secure building belonging to the bank institution. The crypto wallets will also be available as a stand-alone product for the B2B market.
*. SHARETRADE AND COPY TRADE ACCOUNTS
ShareTrade/CopyTrade accounts, or copy trading, involve automatic copying of the trading strategies of successful cryptocurrency traders. Accounts with similar features have long been used in traditional forex markets, and remain popular as a trading tool. Until now, no existing crypto exchange has offered built-in implementation of them.
*. SHARE TRADE ACCOUNTS
ShareTrade accounts are similar to PAMM accounts, which are widely used in traditional financial markets such as forex markets. We will offer a full range of ShareTrade account features, based on our own investment platform and crypto exchange.
*. PORTFOLIO MANAGEMENT ACCOUNTS
In addition to ShareTrade accounts, our platform will also offer Portfolio Management. A currency portfolio is a very simple way for traders and investors to earn together.
AZBIT BANKING
Our banking structure will provide support and processing for all online and cryptocurrency payments. Its main features will include:
B2B services for blockchain companies Deposit accounts
Transaction processing, European regulation and SWIFT payments
SEPA payments
Payment cards
P2P DEBT SERVICE
The world has become far more regulated than it was. In such conditions, the cryptocurrency industry has proved vulnerable. We are well aware of this, and are taking all the regulatory requirements into account in creating our project.
Interbank fiat currency exchange rates
Instant crypto-to-crypto exchange
Cryptocurrency portfolio-based P2P lending
PROJECT MONETIZATION
Exchange commissions
0.1% fee per transaction
Margin trading commissions
0.1% fee per transaction
Investment platform commissions
5% success fee
Electronic payment system commissions
EPS Fees TBD
Mining pool commission
Fixed 0.25% PPS
Bank commission
Banking fees TBD
PRE-ICO AND ICO DETAILS
Total emission is 401,408,000,000 tokens
62.5% of the tokens (250,880,000,000) will be available to purchase during the ICO campaign.
Dates PRE-ICO
01.10.2018 - 31.10.2018
Bonus PRE-ICO
10-20%
Dates ICO
01.11.2018 - 31.12.2018
Bonus ICO
0-7%
Unsold tokens
Will be burned
Token price
0.00075 USD
Acceptable means of payment
ETH, BTC, BCH, LTC, DASH
Token issue date
Instant issue
Trading starts
Q1 2019
COMMISSION DISCOUNT FOR AZ TOKEN HOLDERS:
Bonus
75 %
First year
Bonus
50 %
Second year
Bonus
25 %
Third year
Bonus
10 %
Fourth year
After May 12, 2022, discount will be fixed rate 5%
Each month, 25% of project revenues will be used to gradually buy back and subsequently destroy half of all the tokens issued (200,704,000,000 AZ). In time, therefore, only 50% of all the AZ tokens issued will remain in circulation.
TOKEN ALLOCATION DETALS
Total emission is 401,408,000,000 tokens
62.5% of the tokens (250,880,000,000) will be available to purchase during the ICO campaign.
62.5%
Available for tokensale
15%
Founders
& team
10%
Reserve fund (blocked for 5 years)
7.5%
Angel investors and advisors
2.5%
Bounty
2.5%
Airdrop
ROADMAP
Q4 2016
Our team helps to create the Bitsane exchange.
Q1 2017
Payment Institution (SPI) license obtained in Europe (Czech Republic).
Q2 2018
Launch of the ICO campaign website, Azbit.com. Publication of the final edition of the Whitepaper. Azbit announcement at Consensus 2018 in New York.
Q3 2018
Private Sale campaign (September 1, 2018 - September 30, 2018)
Q4 2018
Pre-ICO campaign (October 1, 2018 - October 31, 2018). Portfolio management module demo launch.
Q4 2018
Main phase of the ICO campaign.
Tokens issued (November 1, 2018 - December 31, 2018)
Q1 2019
Token listing on major exchanges. Launch of the Azbit cryptocurrency multi-exchange.
Q1 2019
Azbit.ID secure identification platform launch.
Q2 2019
Traditional markets (e.g. Forex, Stocks) access launch.
Q2 2019
Decentralized exchange module. AZ/Mirror smart contract service announcement.
Q3 2019
Start of margin trading on the Azbit exchange.
Q3 2019
Announcement of the launch of the investment platform. ShareTrade, CopyTrade and Portfolio Management accounts will now be fully available.
Q4 2019
Azbit White Label platform announcement for affiliates and partners.
Q4 2019
Algorithmic trading and algo market support announcement.
Q1 2020
Launch of the Alternative Trading System module for Security Tokens support.
Q2 2020
Launch of the European banking structure. Start of fiat payment processing services for blockchain businesses and individuals.
CONCLUSION
Our team comprises entrepreneurs, programmers, IT specialists and crypto-enthusiasts. All the Team have practical experience of implementing successful commercial projects of varying degrees of complexity don't miss the opportunity of investing on AZBIT today.
FOR MORE INFORMATION PLEASE VISIT THE LINKS BELOW:
Website: https://azbit.com
Whitepapper: https://azbit.com/
Twitter: https://twitter.com/azbit_news
Facebook: https://www.facebook.com/azbit.news
Telegram: https://t.me/azbit_com
Bounty thread: https://bitcointalk.org/
AUTHOR: CRYPTOTRADE217
Bitcointalk Name: COINNUMBER
BITCOINTALK PROFILE: https://bitcointalk.org/index.php?action=profile;u=1108550;sa=summary