Blockbid - More Coins • More Trades • One Exchange



  • Blockbid is an ultra-secure exchange with the goal of facilitating the
    highest volume of trades for the most cryptocurrencies with a single login

    Features

    Fiat Currencies

    Blockbid will support mainstream fiat currencies for more diverse trading

    Cryptocurrency

    Blockbid will facilitate trading of more coins on a single platform than any other exchange

    Easy Access

    Our platform has been built to support traders of all experience levels

    Secure

    95% of all crypto asset deposits are stored in an offline multi-signature hardware vault.

    Best Rates

    With flat 0.1% transaction fees, Blockbid offers the lowest rates available

    Insured

    Our exchange is one of the first to be fully covered by cybersecurity insurance

    Speed

    Our exchange is built from the ground up to be scalable up to 1 million transactions per second

    Compliant

    Our exchange operates in accordance with Australian AML/CTF guidelines

    CURRENT PROTOCOLS & ISSUES

    At present, cryptocurrencies are scattered across multiple
    exchanges, which means that users are often required to
    sign up to multiple platforms. This causes inconvenience
    and trust issues for users, as well as missed trading
    opportunities due to time lapse whilst funds are in transit
    between different exchange platforms

    OUR SOLUTION

    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

    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 OVERVIEW

    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.

    -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

    PROOF OF CONCEPT

    Billions of dollars are traded on various exchanges every
    day with commissions being changed per transaction.
    Cryptocurrencies are being acknowledged by the masses
    as the future of financial liquidity and a faster, cheaper
    solution for transferring money globally.

    TOKEN PROCESS

    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

    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.

    BLOCKBID TEAM

    Our hand-chosen team has been carefully comprised of individuals who are leaders in their field, with
    over 150 years of combined industry experience, a wealth of knowledge and vision for the future. In
    addition to the core team members listed below, our team also includes one Australia's top ASX traders, a
    former owner of a popular stock market research website, legal advisors and recruitment specialists.



    Roadmap:

    Links:


    websitewhitepaper | Blockbid Exchange |

    githubtelegram | slack

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