Published: Oct 23, 2018

Encrybit

Website

Bounty

Status

ICO

Encrybit is a cryptocurrency exchange platform.

Whitepaper

Important By investing in this business you agree to ourDisclaimer. All information including our rating, is provided merely for informational purposes. CryptoTotem does not provide investment advice.

Interest lvl

Updated: Mar 12, 2019

Learn more about our rating

User Rating

High

3.7/5 • 3 votes

Claim your project

Ticker

ENCX

Type

Utility-token

Token standard

ERC20

Registration countryHong Kong

What is Encrybit

WHAT IS ENCRYBIT?

Research based modern cryptocurrency exchange with an attractive UI and is fully equipped with a plethora of advanced features.

MARKET RESEARCH

Encrybit provides users with extensive market research tools which include data analytics, trading strategies, trade signals, cryptocurrency news, social feeds and real-time coin announcements.

TRANSPARENT POLICIES

Encrybit developing transparent user policies with regards to the coin listing process, trading fee structure, airdrops and forks, so traders can anticipate how to deal with these events and take action to achieve the most favorable outcome.

MULTILINGUAL SUPPORT

Encrybit will initially be launched in English but will slowly be adapted to be fully supported by multiple language variants, which will include regional support teams. Immediate plans implements are in place to support Chinese, Japanese, Korean, Russian, French and Italian. New language support will be included depending on the number of users from a particular country.

MODERN USER INTERFACE

Encrybit is the first cryptocurrency exchange with a modern trading platform that sets it apart from the traditional style of exchanges available in the current market. The Encrybit UI/UX promises a trading experience like no other.

INTERACTIVE TECH TOOLS

Encrybit is adding popular technical analysis tools for traders to study & analyze market movements and price action accurately on a single platform. Encrybit trading platform will minimize the use of API’s to trade on third party paid platforms.

SECURITY

Encrybit is including ISO/IEC (International Electrotechnical Commission) 27001:2013 CSS (Cyber security standards) and CCSS (crypto currency security standards) for platform infrastructure. ISO/IEC 27001 specifies a management system to bring information security under management manifest control.

Encrybit Roadmap

Q1, 2018

Foundation Establishment.
Internal Team Formation.
Planning of Exchange Development.
Launching of Internal Tools & Services.

Q2 2018

Encrybit.io Website Launch
Corporate Entity Establishment.
External Team Building.
Exchange Feature Prototype.
LitePaper Published - English, Korean, Russian,
French, Malay, Italian.
ICO and Exchange Marketing.
Listing of Encrybit in Major Publications.
Cryptocurrency Exchange Problems Survey.

Q3 2018

Community Building.
Global Promotion and Publication of Encrybit.
Cryptocurrency Exchange Evaluation Survey.
Launch of Main ICO Website along with Whitepaper and Prototype.
Pre-ICO Bounty Programs.

Q4 2018

Private Sale Launch.
ICO Goes Live Round 1 Pre Sale.

Q1 2019

ICO Round 2 Public Sale.
Marketing and Promotions of Exchange.
Exchange legal and compliance process.

Q2 2019

Exchange Algorithm and Security Testing.
Marketing, Promotions & Useful Partnership Programs.
Coin Listing Registration Starts.
Private Beta Test Launch.

Q3 2019

Exchange Public Test Launch and Bug Fixing.
Marketing, Promotions & Useful Partnership Programs.
Encrybit Exchange Live.
R&D team Setup to Explore Decentralize Exchange on.
Compatibility and Process.

Q4 2019

Marketing, Promotions & useful Partnership programs.
Multi Chart feature launch.
Advance Order summary feature launch.

Q1 2020

Chat Feature Launch.
Social Trading Launch.
Trailing Stop Loss Launch.
Marketing, Promotions & Useful Partnership Programs.
Announcement on Decentralized Exchange by R&D Team,
Further Steps will be carried out based on the Report.

Q2 2020

Ongoing R&D to provide more Unique Functionality.
Develop and Launch Features as per the Market Trend.
Partnership, Promotion, Events, Marketing and whatever it takes to be on top 10 by Q2 2021.

Token Sale Dates

Presale Period

Start date: Nov 01, 2018

End date: Dec 03, 2018

ICO

Start date: Feb 01, 2019

End date: Mar 31, 2019

Token Allocation

Total Token Supply 135,000,000

Total Tokens for Sale 270,000,000 ENCX

Funding Details

Soft Cap 5,400,000USD (fiat)

Hard Cap 32,400,000 USD(fiat)

Restrictions

Residents of the following countries are prohibited from participating
Canada, China, Hong Kong, United States

Token distribution

50% - Token Sale
2% - Referral & Bounty
2% - Advisors
11% - Encrybit
10% - Founders
10% - Early Contributors
5% - Team
10% - Ongoing Development Funds