ABOUT BITZINEX
It logically states, your first experience in the world of cryptocurrency will largely be through exchanges or brokers. There are two main types of exchanges that are stated globally. first; fiat exchange, which allows users to directly convert US Dollars, Euros and most government-supported currencies into digital currencies. Second; cryptocurrency to cryptocurrency exchange. Allows users to exchange cryptos with cryptos. The last one explains our platform. BITZINEX aims to provide users with advanced services of digital asset transactions and exchanges. Its advanced crypto platform offers high security, comfort and a user-friendly experience
Important Notice
The purpose of this White Paper is to present BITZINEX and the BNEX token to potential holders with regards to the proposed IEO and private sales. It is imperative to state; that the information stated below may not be held and does not imply any elements of a contractual relationship. Prospective contributor’s attention should be drawn to the discussion of certain risk and other factors that should be considered in connection with a contribution into the offered token. Its sole purpose is to provide relevant and reasonable information to potential token holders in order for them to determine whether to undertake a thorough analysis of the company with the intent of acquiring BNEX Tokens. Eligibility for participation in the initiatives described in this white paper is not guaranteed and is likely to be subject to legal and regulatory restrictions. This English language White Paper is the primary official source of information about BITZINEX and BNEX Tokens. The information contained herein may be translated into other languages and used as a written or verbal communications with existing and prospective customers, partners etc. In the course of such translation or communication some of the information contained herein may be lost, corrupted, or misrepresented. The accuracy of such alternative communications cannot be guaranteed. In the event of any conflicts or inconsistencies suffered by such translations and communications and this official English language White Paper, the provisions of this English language original document shall prevail.
This would be issued as follows:
- Private sales: Bitzinex offers private sales to the investors who are interested in earning realtime and getting amazing bonus, as they will be considered as early participants and action takers. The private sale requires a $100 minimum purchase of the Binex coin, as it grants you a leverage to all bonus experiences on the exchange.
- Virtual trading: The virtual trading offer is proposed to showcase transparency of the Bitzinex platform, and help build the community of income traders. The virtual trading would be made available for all investors who participated in the private sale.
- Real time trading: Enhanced trading would be opened to the general public, as all who by any promotional/purchase means have access to the Binex coin would be able to trade and exchange the token to any preferred coin of choice.
- Public Sales (ICO): This would take place in BTC and ETH, on the exchange platform. And it’s open to interested participants all over the world. The ICO would be a strictly first-come, first-serve based offer, until all allocated token for the ICO is
LEGAL DISCLAIMER
Before erbarking on any investment, it is of best interest to understand the potential risks involved. Cryptocurrency exchanges are all subjected to inherent risks, which could be seen by series of happenings and experiences by traditional exchanges, as well as cryptocurrency. Investor’s stakes high risk every time they trust the exchange with their funds. Same could be said about the exchanges being at risk by simply being exposed to the internet. The best line of defense for this is a well-educated user. Checking the URL in the address bar and the SSL security certificate details is a good start, along with regular malware scans. Managing these risks is an important part of the planning and development of BITZINEX Exchange.
The Company and its partners intend to operate in full compliance with applicable laws and regulations and obtain the necessary requirements (licences and approvals). The platform development and features of all the initiatives outlined in this whitepaper are not guaranteed. Regulatory licences and/or approvals are likely to be required in a number of relevant jurisdictions in which relevant activities may take place. It is not possible to guarantee, and no person makes any assurances, that any such licences or approvals will be obtained within a particular timeframe or at all. This means that the initiatives described in this whitepaper may not be available in certain markets, or at all. This could require restructuring of these initiatives and/or its unavailability in all or certain respects. In addition, the development of any initiatives is intended to be implemented in stages. If these entities are no longer properly licensed in the relevant jurisdiction, this will impact the ability of the Company to rely on the services of that party.
During certain stages of development, the project may rely on relationships with certain licensed third party entities. Phishing and malware are another large threat to users of cryptocurrency exchanges as well as cryptocurrency in general. Phishing attacks have been on a wide range, showing users fake login pages for exchanges, or fake web wallets asking users for private keys. Many millions worth of coins have recently been stolen this way. Using a hardware wallet is also a great way to prevent keylogging malware. Less experienced cryptocurrency users can't always be expected to be aware of all these threats and how to mitigate them, however. There are several steps exchanges can take to help as well. Extended Validation SSL certificates.
TOKEN ALLOCATION
- PUBLIC&PRIVATE SALES: 62.5%
- TEAM&ADVISORS: 7.5%
- MARKETING: 5%
- TRADING COMPETITION: 12.5%
- BOUNTY&AIRDROP: 3%
- TECHNICAL DEVELOPMENT: 3.75%
- ECOSYSTEM DEVELOPMENT: 3.75%
- RESERVE: 2%
PROJECT ROADMAP
- Q1 2018 - Concept development
- Q2 2018 - Team formation
- Q3 2018 - Business model development
- Q4 2018 - Drafting of White paper
- Q1 2019 - Development Bitzinex Exchange
- Q2 2019 - Starting of marketing campaign
- Q3 2019 - Smart contract/Partnership
- Q4 2019 - Token Sale
- Q1 2020 - Exchange Testing
- Q2 2020 - Exchange Launch
- Q3 2020 - Listing/Crypto Exchange
- Q4 2020 - Mobile App
- Q1 2021 - Decentralised Exchange
Information
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