Blockbid - More Coins - More Trades - One Exchange



  • Blockbid is an ultra-secure cryptocurrency trading
    platform with the goal of facilitating the highest volume
    of trades from most cryptocurrencies on one platform,
    with a single login.

    CORE OBJECTIVES

    Trade all of the top coins on one exchange
    Ease of access - catering to new and experienced traders
    Security from the ground up
    Operating in accordance with AML/CTF Act
    Lowest transaction fees to reduce the cost of trading

    BLOCKBID TOKENS

    Each blockbid token provides a 100% discount off the 0.1%
    flat fee.

    WHY BLOCKBID?

    • Trade with the highest number of cryptocurrencies available on one exchange
    •  Low cost transaction fees

    • All cryptocurrency assets are insured
    • Fully compliant with Australian AML/CTF Act
    • All funds are secured by multi-signature wallets
    • Operating on Australia's fastest exchange network
    • Scalable up to 1 million transactions per second
    • First Australian cryptocurrency exchange to operate
    • under AFSL guidelines
    • Ultra-secure platform using latest security protocols and designs

    PRODUCT


    Our developers stay up to date with the latest
    technological advances and are at the forefront of
    innovation. We are committed to providing our users
    with cutting-edge utility and scalability.
    If you’re interested in taking part in our beta
    tests, subscribe on the Blockbid website by
    clicking here and receive early access to test
    the platform.
    Feedback is important to us. We are always on
    the look out for enthusiastic users who share
    our passion and want to test our technology.

    - Front-end built on the latest fluid UI designs, which
    are also used by Facebook, Instagram, Netflix,
    Whatsapp, Dropbox and more

    - Back-end built on the latest secure designs, which
    are also used by Uber, Paypal, Linkedin, Ebay,
    Yahoo and more

    - Direct datalink to 180+ co-location facilities on 5
    continents with a history of 99.99999% uptime
    Fastest secure network operating on Australia's

    - fastest gigabit network to deliver maximum
    bandwidth at all times

    - Ultra-secure platform using latest security
    protocols and designs

    TOKEN PROCESS

    PARTICIPATE
    Blockbid tokens will be made available for sale on the 22nd of October, and can be purchased via
    Ether. The funds raised from the ICO are for the purpose of platform development and funding
    expansion due to user growth. If you'd like to participate in the sale and purchase tokens, click here.

    HOW CAN BLOCKBID TOKENS BE USED ON OUR EXCHANGE?
    Blockbid tokens can be used on the Blockbid exchange to reduce the transactional costs of trading on our
    markets by 100% during year 1, and a 50% discount thereafter. The Blockbid tokens are not used on a per
    trade basis. Rather, the Blockbid tokens will give you a time window whereby you will be permitted to
    trade as many times as you like for a discount. The discount period is as follows:
    1 Blockbid = 30 minute window
    How you utilize this discount window is entirely up to your discretion. If you have determined that you
    need more than 30 minutes for your given trading window, simply use more than 1 token at any given
    time. There is no degradation on token use, meaning if you use 10 tokens at once that will be:
    10 x 30 minutes = 5 hours

    HOW DO I PURCHASE BLOCKBID TOKENS?
    Blockbid tokens will be for sale at our ICO. Users can transfer ether to the address we will provide in
    exchange for Blockbid tokens. The ICO value of Blockbid tokens will be:
    Week 1: 1 ETH = 360 BID
    Week 2: 1 ETH = 340 BID
    Week 3: 1 ETH = 320 BID
    Final Week: 1 ETH = 300 BID
    The minimum contribution is 0.1 ETH and the maximum is 100 ETH per transaction.
    Blockbid will also host a commission-free market on our exchange, whereby users can exchange their
    Blockbid tokens at the current market value for other cryptocurrencies.

    SOFT & HARD CAPS
    The soft cap for the Blockbid ICO is 1 million tokens. In the event that the Blockbid ICO does not achieve
    this amount, we will provide further information on how you can withdraw back your funds.
    No more than 3 million Blockbid tokens will be created and we will not be accepting more payments if
    this token count is achieved.

    TOKEN ALLOCATION

    HOW ARE THE GENERATED TOKENS DISTRIBUTED?

    The generated tokens will be distributed at a rate of 80:20 between general sale and Blockbid. From
    Blockbid's 20%, founders and team members will retain 12% and 8% will be available for bounties and
    rewards post-ICO. This means that for every 1 coin in circulation, Blockbid will receive 0.2 (20%) of coins
    minted. 15% of of all funds raised during the ICO will be kept in cold storage.


    USE OF PROCEEDS FROM ICO

    Marketing
    12%
    Software
    35%
    Security/Infrast
    20%
    Legal
    5%
    Operations
    8%
    ETH Reserve
    15%
    Misc.
    5%

    Proceeds raised from the ICO will be used to fund platform development and expansion due to user
    growth. In the chart below, "Security & Infrast" refers to security and network infrastructure.

    Team:


    Links:

    Website:https://blockbid.com.au/

    Github:https://github.com/Blockbid

    Telegram:https://t.me/joinchat/C5go9A9s...

    Slack:https://blockbid.slack.com/

    Twitter:https://twitter.com/blockbid_i...

    Linkedin:https://www.linkedin.com/compa...

    Facebook:https://www.facebook.com/block...

    E-Mail:[email protected]

    White Paper:https://blockbid.com.au/whitep...





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