Bluebelt ICO (BBXC Token): Crypto Exchange For Security Token Fiat Trading?


The influx of blockchain products and cryptocurrencies like BItcoin have transformed how people conduct financial transactions, specifically offering new methods of paying and remitting online. Depending on further developments and market adoption, cryptocurrencies have a great potential of creating a borderless and truly open finance sector. Bluebelt Exchange has positioned itself in a distinctive position to offer instant access to new financial markets through its growing and robust network of crypto exchanges, with most of them being located in emerging markets. Discover more details about BIuebelt here below.

About Bluebelt

Bluebelt is world-class crypto exchange system that seeks to drastically change this exchange sector through choosing to list both security and utility tokens. This platform offers clients a multi-market, distributed and robust exchange ecosystem that is under a legally compliant and transparent management. At its core, Bluebelt is rich with a diverse group of local crypto exchanges across Australia, Hong Kong, Estonia, Indonesia, Cambodia, India and, South Korea.

Key Products

Bluebelt Instant

The Bluebelt Instant service is perfect for clients who are looking to use altcoins but still prefer cashing out quickly using fiat currencies, thus avoiding price fluctuations. You can buy Bitcoin or other cryptocurrencies through this service and get the altcoins deposited instantly to your crypto wallet.

Bluebelt Book

The Bluebelt book will offer an offline wallet for ultra-fast settlements in a secure trading environment. Also, the Bluebelt book will enable easy cross-border transactions, liquidity aggregation and a proprietary trading desk.

Bluebelt Prime

This is the prime brokerage services that will allow trades within cold wallet environments for instant confirmation. The service will offer leverage and a wide range of crypto contracts, like future contracts, complex trading charts and a more interactive trading environment.

What Bluebelt Proposes

Acquiring Crypto Licenses

Licensed brokers and banks are unable to fully run their businesses with cryptocurrencies until they’re considered explicitly legal. Bluebelt is currently looking to obtain utility token licenses from the Japanese financial regulator as well as in various other jurisdictions, like the EU, Philippines and South Korea.

Efficient Clearing Mechanism

Slow processing times, transaction limits, extra charges, long compliance procedures and local restrictions are all key obstacles that stop the movement or exchange of fiat currencies. The Bluebelt Book platform will offer an efficient, consolidated settlement and clearing platform to significantly reduce transaction costs and processing times.

Liquidity Aggregator and BBCX Coin

The insufficient liquidity in most crypto exchanges makes it expensive and inconvenient for many brokers who have to deposit funds across different platforms. The reason behind this Bluebelt ICO is to ensure that clients get adequate liquidity. Additionally, Bluebelt will be integrated with other leading liquidity aggregators and leading crypto platform to offer market depth along with price discovery benefits.

Multi-signature Wallets

Despite the immutability of blockchain data, the system is still vulnerable to fraudulent activities and malicious attacks. The Bluebelt solution is securing its crypto assets with robust multi-signature wallets from BitGO Inc. Also, the crypto exchange is developing security measures that will ensure private keys for their digital assets never goes online.

ICO Details

  • Token: Bluebelt Coin (BBXC)
  • Platform: ERC20
  • Function: Utility, native, discount, liquidity
  • Total supply: 200 million BBXC
  • Acceptable currencies: BTC, USD, ETH, MMK, AUD, MYR

Token Allocation

  • 3%: Airdrop and bounty
  • 7%: Advisors and core team
  • 40%: Private presale
  • 50%: Public ICO

Presale: Stage 1

  • Dates: 8/9/2018 to 14/10/2018
  • Rates: 1 BBXC = $0.6
  • Discount: 40%

Presale: Stage 2

  • Dates: 14/10/2018 to 14/11/20018
  • Rates: 1 BBXC = $0.7
  • Discount: 30%

Presale: Stage 3

  • Dates: 14/11/2018 to 14/12/2018
  • Rates: 1 BBXC = $0.8
  • Discount: 20%

Crowdsale

  • Dates: 14/12/2018 to 15/1/2019
  • Rates: 1 BBCX = $0.9
  • Discount: 10%

Funds allocation

  • 5%: Human resource management
  • 25%: Marketing and branding
  • 70%: System development

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