Bringing Stockmarket Exchange Quality and Convenience to Cryptocurrency Trading
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 the most cryptocurrencies on one platform. No more having to register and login to several exchanges or use poor quality exchanges just because they are the only platform to list a coin you have researched and wish to purchase.
Listing will be free for all coins, and in addition, we will proactively approach the teams behind each current coin and new coins as they are created to arrange listing.
We also plan to solve the inconvenience of needing one provider to exchange fiat to Bitcoin/Litecoin/Ethereum, and another to purchase and trade the hundreds of smaller altcoins, by accepting fiat currencies directly.
CORE OBJECTIVES
Our developers stay up to date with the latest technological advances and are at the forefront of innovation. We offer our users cutting-edge security, 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 other global corporations.
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.
We hold ourselves to highest standards of public trust in maintaining user integrity and operational transparency. All funds are secured by multi-signature wallets.
The Blockbid exchange and all cryptocurrency assets will be insured and protected against cyber attacks. Blockbid is a fully compliant and registered company based in Australia.
ROADMAP SUMMARY
Q4 2017 Beta testing and product refinement stage. Early access members will receive 0% transaction fees for 1 month post public launch as a reward for assisting us during beta testing. To sign-up for early access, subscribe on the Blockbid website www.blockbid.com.au
PUBLIC LAUNCH Q1 2018
Ultra-secure platform running on Australia’s fastest exchange network to facilitate up to 1 million transactions per second, with security built from the ground up. Fully compliant with Australian AML/CTF Act.
FIAT TRADING Q3 2018
Blockbid will support trading of a wide range of mainstream fiat currencies for ease of access.
MOBILE EXCHANGE Q4 2018
Launch Blockbid app as a mobile exchange platform with personal private key wallet.
FURTHER DEVELOPMENT
NFC Payments: In-wallet payment platform for blockchain assets. Blockbid will give you access to digital currency anytime, anywhere for your everyday payments.
Decentralised Exchange: P2P decentralised trading via the Blockbid wallet.
BLOCKBID TOKENS
Each token provides a 100% discount off the 0.1% flat fee. Blockbid is an ERC20 compliant token based on the Ethereum blockchain. Blockbid smart contract and tokens will launch on 22nd of October 2017
BENEFITS OF USING BLOCKBID TOKENS ON OUR EXCHANGE
Blockbid tokens can be used on the Blockbid exchange to reduce the transaction costs of trading by 100% during year 1, and a 50% discount thereafter.
HOW TO PURCHASE BLOCKBID TOKENS
Blockbid tokens will be for sale at our ICO which you can participate in by entering your email under the Join ICO section of our website www.blockbid.com.au
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
Week 4: 1 ETH = 300 BID
The minimum contribution is 0.1 ETH and the maximum is 100 ETH per transaction. Final BID per ETH ratio will be adjusted according to ETH price to ensure cost per BID in USD terms is no higher than it would be at a USD$250 ETH price. Blockbid will endeavour to lock final Blockbid token price as close to $1USD = 1 BID. Participants will receive a MINIMIM 8–20% bonus during initial weeks of ICO.
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, all participant funds will be promptly refunded. No more than 30 million Blockbid tokens will be created and we will not be accepting more payments if this token count is achieved.
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.
USE OF FUNDS
Proceeds raised from the ICO will be used to fund platform development and expansion coinciding with anticipated strong user growth. 15% of of all funds raised during the ICO will be kept in cold storage.
WHAT HAPPENS TO THE BLOCKBID TOKENS ONCE YOU’VE USED THEM?
We will redistribute all of the redeemed tokens back to the Blockbid trading community free of charge in the form of rewards. Some examples of rewards can be in the form of referrals or continued support of our exchange.
GET IN TOUCH
Email: info@blockbid.com.au
Website: https://blockbid.com.au
Whitepaper: https://blockbid.com.au/assets/documents/blockbid_whitepaper.pdf
Twitter: @blockbid_io
Facebook: facebook.com/blockbid
Telegram: https://t.me/joinchat/C5go9A9sMT8ss14UOkPIHA
GitHub: https://github.com/Blockbid
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 the most cryptocurrencies on one platform. No more having to register and login to several exchanges or use poor quality exchanges just because they are the only platform to list a coin you have researched and wish to purchase.
Listing will be free for all coins, and in addition, we will proactively approach the teams behind each current coin and new coins as they are created to arrange listing.
We also plan to solve the inconvenience of needing one provider to exchange fiat to Bitcoin/Litecoin/Ethereum, and another to purchase and trade the hundreds of smaller altcoins, by accepting fiat currencies directly.
CORE OBJECTIVES
- Trade all CoinMarketCap coins with an up to date blockchain on our exchange
- Ease of access — catering to new and experienced traders
- Security built from the ground up
- Operating in accordance with AML/CTF Act
- Low fee, feature rich, intuitive trading platform
- Trade with the highest number of cryptocurrencies available on one exchange
- Low 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
Our developers stay up to date with the latest technological advances and are at the forefront of innovation. We offer our users cutting-edge security, 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 other global corporations.
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.
We hold ourselves to highest standards of public trust in maintaining user integrity and operational transparency. All funds are secured by multi-signature wallets.
The Blockbid exchange and all cryptocurrency assets will be insured and protected against cyber attacks. Blockbid is a fully compliant and registered company based in Australia.
ROADMAP SUMMARY
Q4 2017 Beta testing and product refinement stage. Early access members will receive 0% transaction fees for 1 month post public launch as a reward for assisting us during beta testing. To sign-up for early access, subscribe on the Blockbid website www.blockbid.com.au
PUBLIC LAUNCH Q1 2018
Ultra-secure platform running on Australia’s fastest exchange network to facilitate up to 1 million transactions per second, with security built from the ground up. Fully compliant with Australian AML/CTF Act.
FIAT TRADING Q3 2018
Blockbid will support trading of a wide range of mainstream fiat currencies for ease of access.
MOBILE EXCHANGE Q4 2018
Launch Blockbid app as a mobile exchange platform with personal private key wallet.
FURTHER DEVELOPMENT
NFC Payments: In-wallet payment platform for blockchain assets. Blockbid will give you access to digital currency anytime, anywhere for your everyday payments.
Decentralised Exchange: P2P decentralised trading via the Blockbid wallet.
BLOCKBID TOKENS
Each token provides a 100% discount off the 0.1% flat fee. Blockbid is an ERC20 compliant token based on the Ethereum blockchain. Blockbid smart contract and tokens will launch on 22nd of October 2017
BENEFITS OF USING BLOCKBID TOKENS ON OUR EXCHANGE
Blockbid tokens can be used on the Blockbid exchange to reduce the transaction costs of trading by 100% during year 1, and a 50% discount thereafter.
HOW TO PURCHASE BLOCKBID TOKENS
Blockbid tokens will be for sale at our ICO which you can participate in by entering your email under the Join ICO section of our website www.blockbid.com.au
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
Week 4: 1 ETH = 300 BID
The minimum contribution is 0.1 ETH and the maximum is 100 ETH per transaction. Final BID per ETH ratio will be adjusted according to ETH price to ensure cost per BID in USD terms is no higher than it would be at a USD$250 ETH price. Blockbid will endeavour to lock final Blockbid token price as close to $1USD = 1 BID. Participants will receive a MINIMIM 8–20% bonus during initial weeks of ICO.
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, all participant funds will be promptly refunded. No more than 30 million Blockbid tokens will be created and we will not be accepting more payments if this token count is achieved.
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.
USE OF FUNDS
Proceeds raised from the ICO will be used to fund platform development and expansion coinciding with anticipated strong user growth. 15% of of all funds raised during the ICO will be kept in cold storage.
WHAT HAPPENS TO THE BLOCKBID TOKENS ONCE YOU’VE USED THEM?
We will redistribute all of the redeemed tokens back to the Blockbid trading community free of charge in the form of rewards. Some examples of rewards can be in the form of referrals or continued support of our exchange.
GET IN TOUCH
Email: info@blockbid.com.au
Website: https://blockbid.com.au
Whitepaper: https://blockbid.com.au/assets/documents/blockbid_whitepaper.pdf
Twitter: @blockbid_io
Facebook: facebook.com/blockbid
Telegram: https://t.me/joinchat/C5go9A9sMT8ss14UOkPIHA
GitHub: https://github.com/Blockbid
