Hello everyone, on this occasion I would like to introduce the XendBit Project because XendBit will create a decentralized exchange platform for a better future for the crypto community and to find out more about the benefits and advantages of the XendBit Project, here is an explanation:
XendBit is a decentralised blockchain platform designed to fulfill a number of financial inclusion services such as remittances, payments, aid disbursement, store-of-value and credit. Powered by a crypto-currency exchange with bank verified KYC features, it enables users to trade safely and securely without risking customer funds.
XendBit is not an ordinary DEX. XendBit is a multi-chain DEX supporting BTC, ETH, LTC, Ardor, Monero, NXT, Ignis, and DASH with more to come! In addition to being a decentralized exchange, XendBit's platform will offer cash options, credit options and a platform for humanitarian aid.
XendBit is positioned to be the solution of choice for the following service offerings and benefits:
- Decentralised crypto-exchange and wallet with enhanced security.
- Transparent aid disbursement and management.
- Payments and remittance.
- Easy access to account opening and other financial inclusion services.
- Decentralised applications (dApps) development platform.
XendBit is a fully decentralised blockchain platform that allows users to trade safely.
WALLET & EXCHANGE FEATURES
A few things sets us apart from regular wallets and exchanges.
Payment Options
Buyers are able to pay sellers directly using our decentralised secure esrow service.
Legal Compliance
Our wallets are built with minimal and full KYC capabilties.
Cross-Platform Trading
Wallets are available for Andriod, Windows, Linux, MacOS and iOS(soon).
Strong Security
Security features include twelve-word passphrase mnemenic code, passwords, 2FA(soon) and Biometric authentication.
Competitive Commissions
Extremely low commissions with up to fifty percent off.
World Coverage
Traders can trade borderlessly enabled through decentralisation.
Advanced Reporting
We are currently implementing a tax friendly reporting tool.
Alternative payment
In the near future, our wallet based token (Xend) and Tether will be available to settle trades.
XendBit aims to position itself as a platform to actualise redesigned modes of financial service delivery, based on opportunities presented by the blockchain ecosystem including smart contracts, ICOs, cryptoloans, venture financing and tokenization, digital identity management and certificate registration and verification services.
Initial Coin Offering & Token Distribution
XendToken (XTN) is being offered as ERC20 tokens on the Ethereum blockchain for the private sale, public presale and final public sale. Private sale investors that participate in the private sale will be entitled to a bonus for all XendTokens purchased. The crowdsale softcap will be $15 million and a hardcap of $20 million. The total XendTokens to be offered will be 200,000,000 XTN and will be distributed as follows:
- Private sale and presale 20%
- Distributed by crowdsale to the public 30%
- Reserved for blockchain ventures 10%
- Founders and angel investors 30%
- Bounty 4%
- Advisers and Partners 6%
XendBit wallet users including traders and investors will become stakeholders of the XendBit Blockchain. XendBit token holders will be entitled to periodic dividends based on dividend distribution at the end of each financial period which will be decided through an election. The dividend tokens will be transmitted automatically to their respective wallets.
Token Allocation (Use of Funds)
- Business & Product Development 25%
- Marketing & Partnership 20%
- Operations 20%
- Platform Liquidity 25%
- Legal 5%
- Contingency 5%
The private-sale will end by the start of the pre-sale and will include bonuses (based on fixed, tiered and/or a quantity determinants) and will be followed by the pre-sale on March 1, 2019 and will require a 1 Ethereum minimum contribution. The private-sale will include a 30% bonus while the pre-sale will include a 10% bonus.
The public pre-sale will end by March 31, 2019 and will be followed by the public sale and Initial Coin Offering (STO) on 1st April 2019, which will end either when the target is reached or on May 15, 2019, whichever is earlier. All tokens will be distributed 2 weeks after the conclusion of the sale.
Payment methods for XendBit tokens may be purchased in any of the following coins: BTC, ETH and LTC
ROADMAP
- Q1-2017 : Android Bitcoin Wallet, Brokerage and asset custodian service development.
- Q2-2017 : Multi-Chain Wallet implementation with support for Bitcoin, Litecoin, Ethereum etc
- Q3 2017: Investigation of Various Blockchain and Development of a Basic XendBit Wallet
- Q4 2017: Server-side Implementation of a Semi-Centralised Exchange with Remote Transaction Signing.
- Q1 2018: XendBit Blockchain MVP Forked, Alpha Release of XendBit Exchange and Wallet.
- Q2 2018: Decentralised Exchange Features with Fiat-to-Crypto and Crypto-to-Crypto Trading
- Q3 2018: Alpha Release of Xendcoin Blockchain with Support of Smart Contracts (Smart Java Beans).
- Q4 2018: Full-Service Launch for XendBit Exchange, Partner Onboarding for XendCash and XendAid.
- Q1 2019: Start of Private Token Sale, Ending by February 28, 2019
- Q1 2019: Start of Presale (March 1, 2018), Ending by March 30, 2019
- Q1 2019: Start of Public Sale STO (April 1, 2019).
- Q1 2019: Release v1.0 of the XendCash and XendAid Blockchain Applications and Developing APIs
- Q2 2019 : XendCredit Additional Services for Financial Inclusion
Up here explanation from me and to avoid all forms of fraud please look for accurate and reliable information or visit the Link I provide below:
WEBSITE:https://xendbit.com/
WHITEPAPER:https://www.xendbit.com/whitepaper.pdf
FACEBOOK:https://www.facebook.com/XendBit-1836013473152717/
TWITTER:https://twitter.com/XendBit
TELEGRAM:https://t.me/joinchat/FM3F1BCTvtqF1KmjpBiyGA
Bitcointalk Username: Sadum