Photo - New generation cryptocurrency exchange
31856

New generation cryptocurrency exchange

Belarus, Minsk city
Market: Internet and IT, Financial services, Blockchain, Crypto currency
Stage of the project: Prototype or product is ready

Date of last change: 15.11.2018
Min investment
$  5.000
0
Total required
$ 30.000
Rating
equalizer 163 из 1000
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Also this project:
- conducts ICO

Idea

We create a new generation of a cryptocurrency exchange with the use of blockchain technology, which will provide its users with high-quality services and high investment yield. Finally, we want to catalyze the creation of a new financial ecosystem, based on the interaction between assets and blockchain technology.

Current Status

Now we have platform prototype. We are planning to lead ICO in October.

Market

Firstly we plan to enter the Asian crypto market because there are a lot of potential traders located there.

Problem or Opportunity

High commissions, too difficult for new traders and users

Solution (product or service)

Bananex Exchange compared to the top 7 crypto-exchanges offers a lower commission. The trade commission will be 0,1%, in tokens BNN will decrease up to 0,05%.
Bananex Exchange is developing its own multi-support service.
The user will have instant online support in the selected language for training in work with the exchange and setting up a personal cabinet during the first 10 days from the moment of registration.
The training videos will be available in a special section of Bananex Exchange.

Competitors

https://www.binance.com/
https://exmo.me/
https://yobit.io/

Advantages or differentiators

- lower commission.
- own multi-support service.
- new Auto-Trade instrument

Finance

Token sale
Total supply: 100 000 00 BNN
Maximum PRE-ICO Cap: 2500 ETH
Maximum ICO Cap: 25200 ETH
Hard Cap: 27700 ETH
Soft Cap: 7000 ETH
Payments in ETH, BTC, LTC, DOGE, BTG, DASH
will be accepted.

PRICE
PRE-ICO 1BNN = 0,00025 ETH
ICO#1 1BNN = 0,00035 ETH
ICO#2 1BNN = 0,00049 ETH



Business model

The integration of traditional financial instruments with crypto-currencies is a unique and complex process. The Bananex Exchange platform should be convenient for both professionals and beginners, where security the most important factor. That's why the platform uses sophisticated intellectual, providing the assurance level among all existing on the market offers. Nowadays, the following unique functions are implemented:
• Pool Trading. The platform can provide high trading volumes and earn substantial gains in the financial market due to integration with other financial institutions and large trading companies.
• Community Trading. Our platform allows users to download their own smart contracts to operate with other market participants, that is, to conduct trade, commercial, service operations and draw attention to themselves.
• Cold and secure storage of funds. We prevent the cyber threat and hacking due to cold storage methods. Customers can use the Trevor ™ device for trustworthy storage of money using second-factor authentication and other methods of the security check.
• The Auto-Trade instrument, aimed at inexperienced users. Our system allows new users to copy the actions and decisions of more experienced traders, which contributes to obtaining the necessary experience and allows you to make a profit. For traders who don’t have free time to study the market and conduct a transaction, the Bananex Exchange platform provides automated trading facilities. This function automatically repeats the actions of the most successful traders on the current and past statistics. The Auto-Trade instrument is the most secure means of automatic trading and will be implemented in the Bananex Exchange investment fund.
• Investment Funds. Bananex Exchange will provide users with access to fully managed investment funds. The investment fund usually consists of a pool of shares of companies, an ICO pool or the top 30 crypto-currencies.
• Advantages for traders. Traders using our platform will be able to earn a percentage of the profits of "known" traders and will have certain advantages in the form of lower commissions for processing and conducting transactions.
• Referral program. Our referral program is good for both users and their referrals. A bonus system will be implemented. It will allow users to receive remuneration for attracting new users via links. The referral system will attract new users and increase the trading volume of Bananex Exchange.
• Fiat gate. The Bananex Exchange platform will allow you to exchange crypto and fiat funds. At the first stage, US dollars and Euro will be introduced, then we added other currencies.
• Payment service. We integrate payment services for communication with such operators as PayPal, Stripe and Payoneer. We will also support these services as they can conduct transactions with crypto-exchange operators.

Money will be spent on

Preparing to ICO:
- advertising
- bounty manager
- salary for the team

Offer for investor

It will be discussed individually.

Team or Management

Risks

Business will not take place just due to lack of advertising.

Photos

Photo 1 - New generation cryptocurrency exchange
Photo 2 - New generation cryptocurrency exchange
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Idea
Current Status
Market
Problem or Opportunity
Solution (product or service)
Competitors
Advantages or differentiators
Finance
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Business model
Money will be spent on
Offer for investor
Team or Management
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Risks
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