Post
Topic
Board Announcements (Altcoins)
Re: ⚡🚀⚡PRE-ANN: XBrick - World-class crypto currency exchange ⚡🚀⚡
by
djmixen
on 17/05/2018, 11:33:34 UTC
I know some exchanges practices there are some tokens that are very well known in the community, especially on telegram and twitter. They offer votes for the community and put a # on it to help the company to get listed on an exchange, were in Xbrick From time to time, they will select crypto currencies that considers to be high quality to be listed for trading. XBrick may charge a listing fee.
ok got it! but did you know that Xbrick offer trading fees for each executed transaction? This trading currently ranges from 0.10% to 0.15% of the executed
amount. Different fees are applied according to whether the order is maker or taker as well as the trader’s VIP level.

That's quite high for me some exchanges trading fee ranging 0.01-0.05%. Well this is new exchange i guess they will decrease that fee in the future. And by the way are you guys in favor if Xbrick could have an ICO again? i mean to promote the exchanges just like yobit have right now.

Traders would be able to get a lower trading fees on the XBrick platform by using XBrick Coin (XBC). Xbrick will provide holders of the token a 50% discount on the trading fees associated with use of the platform when XBC is utilized to pay those trading fees. This is also a way to ensure that as XBrick platform own coin XBC will grow over time.
Well, it means that to make more discount of using XBrick exchange, first you must need to have their native token which is XBC am I right? Well it sounds like you will need to use their token to make the transaction cheaper than using other token.

yes you are right, Xbrick will have their own token called XBC, and by using XBC as payment traders will only pay 50% of trading fees. This is a good way to encourage the traders to use XBC token and also a way to boost the Xbrick platform.
So, the investors and traders that will use XBrick will need to buy now an XBC or the native token of the XBrick so that they will benefited of the 50% discount when they transact in the trading, what a nice idea of XBrick to buy also their token.