Bitfair (XBF)ICO Bitfair is an OTC derivative exchange allowing crypto traders to trade up to 1000X leverage and profit during up or down price movement of their favorite cryptocurrency. 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. |
Overview
|
What is Bitfair
Traders on the Bitfair platform will be able to place orders for a wide range of tokens in various SOC trading contracts. All trades are recorded into a Smart Option Contract (SOC). All SOC trades will automatically be executed if the floor or ceiling price is reached anytime during the trade contract or upon the expiration of the SOC. When predetermined conditions are met, Bitfair will trigger and execute the trade. Funds will then be distributed to the profitable trader on the Bitfair platform. Bitfair SOC results and details are recorded and thereafter accessible through a public blockchain explorer.
DetailsPre-sales: Jul 09, 2018 - Aug 09, 2018Token supply: 720,000,000 | Token infoTicker: XBFType: Utility-token Token price in USD: 1 XBF = 0.05 USD Accepted currencies: BTC ETH XRP BCH LTC XMR Token distribution: 60% - Token Sale & Distribution 13% - Reserved for Investors & Advisory Team 13% - XBF Community Airdrop 9% - Founders 5% - Developimg Team Funds allocation: 25% - Marketing Campaign 20% - Salaries, Wages & Consulting Fees 17% - Other Operating Expenses 10% - Legal Fees 10% - Reserved for Future Opex 9% - Listing on Various Top Exchanges 6% - System Security and Audits 3% - Research and Development |
Bitfair Roadmap
CONCEPT
Bitfair concept is born.
FUNDING
Early round investment raised;
Team selected.
DEVELOPMENT
Platform development started;
Draglet becomes exchange provider.
MVP
Matching algorithm complete.
TESTING
First phase testing of Bitfair;
TokenGet & Blockchain Mob appointed as ICO partners.
FUNDING
Foxtail Marketing, Crowdcreate and Msconsulting appointed as official marketing partners;
Public announcement to be at the Crypto Invest Summit in LA.