What is BitConnect X?
BitConnect X (BCCX) is an open source, blockchain based, decentralized cryptocurrency that enables instant payments to anyone with minimum transaction fees. BitConnect X also allows you to earn interest for helping maintain security on the network by holding BCCX in a Qt Desktop wallet that is attached to the network and allowing transactions to flow through it.The BitConnect X website will include an exchange of multiple cryptocurrencies and utilize BitConnect X on merchant sites providing instant payments with fast confirmation times, regularly less than 2 minutes.
BitConnect X Coin SPECIFICATION
- Coin Algorithm Scrypt (PoW/PoS)Proof-of-stake (PoS) is a type of algorithm by which a cryptocurrency blockchain network aims to achieve distributed consensus.Proof-of-work (PoW) is designed to create decentralized agreements between different nodes around adding a specific block to the blockchain.
- Coin Abbreviation : BCCX
- Maximum Coin Supply : 49 Million
- Current supply: 14.7 Million
Block confirmation time: 2 Minutes
WHY A NEW CRYPTOCURRENCY ICO AND EXCHANGE?
Bitconnect X was developed to meet the requirements of merchants and payment processors.Bitconnect X will be the foundation for a cryptocurrency exchange offering rapid transactions.The Bitconnect X exchange will allow cryptocurrency enthusiasts a trading experience with the lowest transaction fees ever
ICO BONUS DISTRIBUTION
The total daily unsold coins will go to reserve funds for marketing, development and administrative work.
- Round-1 (5% Bonus) January 10th to January 24th (3.9 Million)
- Round-2 (2% Bonus)January 25th to February 8th (3.9 Million)
- Round-3 (No bonus) February 9th to February 23rd (3.9 Million)
FAQs
WHAT IS THE ICO PRICE OF BITCONNECT X?
BitConnect X will be offered at the rate of $50 per BCCX. Over the 45 day ICO period there will be two bonus levels as follows:5% Bonus from January 10 th to January 24 th2% Bonus from January 25 th to February 8 thNo bonus from February 9 th onwards
WHERE CAN I PARTICIPATE IN THE ICO?
If you are already a registered member of BitConnect.co, you can login to the BitConnectx.co website and place a buy order from the available options. If you’re new to the community, you can register at either BitConnect.co or BitConnectx.co to participate in the ICO..
WHAT IS THE MAXIMUM SUPPLY OF BITCONNECT X?
The maximum supply of coins will be 49 million. 11.7 million coins will be available to buy in the ICO and 2.9 million coins held by BitConnect as reserve fund. The remaining 35 million coins will available through PoS and PoW mining.
HOW LONG WILL THE ICO LAST?
The ICO will start from January 10, 2018 and run until February 23, 2018.
WHAT CURRENCIES WILL BE ACCEPTED DURING THE ICO?
We will only accept Bitcoin, Litecoin and BitConnect Coin for ICO purchases.
WHAT CAN I DO WITH MY BITCONNECT X?
BitConnect X will use PoW and PoS algorithms to secure the blockchain network, enabling both miners and stake holders to earn interest in the form of transaction fees or mining rewards.
WHAT WILL HAPPEN TO THE BITCONNECT X NOT SOLD DURING THE ICO?
The unsold coins will go to reserve funds for marketing, development and administrative work.
WHICH WALLET SHOULD I USE TO STORE BITCONNECT X?
You can use either the web wallet on the BitConnectx.co website or a web wallet offered by a third party service provider. You can also store it in the Qt wallet once it is available as per our 2018 roadmap.
WHICH CITIZENS CANNOT PARTICIPATE IN THE BITCONNECT X ICO?
THIS ICO IS NOT OPEN TO U.S. CITIZENS OR RESIDENTS.DISTRIBUTION IS THEREFORE NOT OFFERED BY THIS WEBSITE TO U.S. CITIZENS OR U.S. RESIDENTS. BY PARTICIPATING YOU HEREBY AGREE AND COMMIT THAT YOU ARE NOT A U.S. CITIZEN OR U.S. RESIDENT.
WILL YOU PAY FOR THE BOUNTY PROGRAM?
No, we will not be offering a bounty program as we already have a dedicated community for ICO awareness and marketing.
IS THERE ANY MINIMUM OR MAXIMUM PURCHASE LIMIT IN THE ICO?
Yes, you can only purchase 100 BCCX per 24hour time frame.
BitConnect X Roadmap 2018
STATISTICS
49,000,000
Maximum coin supply
14,700,000
Available supply
11,760,000
Total ICO Distribution
2,940,000
Reserve fund
Daily ICO Sell limit: 261,333 Coins for 24 hours. The sell limit will reset at 12 AM (UTC)
The total daily unsold coins will go to reserve funds for marketing, development and administrative work.