INTRODUCTION
In our view, there are basically two different types of exchanges: exchanges that focus solely on a specific segment (e.g., Spot Exchanges, Futures Exchanges, NFT markets, Lending, etc.) and exchanges that handle all of them at once. ; people and people who purely deal with crypto. The latter is what we will focus on. While there are some exchanges around doing so, the overview and profession of the exchange is lacking as a result. We strongly believe that a well-defined cryptocurrency exchange can generate specialized and highly competitive businesses that will play an increasingly important role in the world of finance and cryptocurrencies.
Our goal with Pirbax is to create a well-started exchange with a specific segment that is specialized and has a clear service base. Additional segments will be added from time to time but will not burden the core business, instead we want to create separate platforms for different segments and thus burden the basic business. This creates individual growth opportunities and allows the platform to grow independently of the main business. With this idea, we want to create an ecosystem where every segment is covered and by cryptocurrency and through this we want to make Pirbax world class.
About Pirbax
Pirbax Spot is a spot market trading platform on Pirbax for buying and selling listed cryptocurrencies against many different base pairs ranging from common currencies like Bitcoin and Ethereum via stablecoins to fiat currencies like Euros or US Dollars. With a fixed fee of 0.15% on spot trading, Pirbax offers a highly scalable spot market trading platform with competitive low fees and many cryptocurrencies listed for trading.
Pirbax Futures
Pirbax Futures is a derivatives trading platform on Pirbax for trading exchange-traded cryptocurrencies with and without exposure to the traded cryptocurrencies. We have two different products for this that cover both interests, with which users also have the option to use leverage. Pirbax Futures also has a dedicated trading account.
- USD Perpetual: USD contracts are USD margin, quoted in USD, and settled in USD. You can only trade usdt continuously using your Futures Trading Account.
- Inverse Perpetual: Inverse contracts are crypto-margined, quoted in USD, but settled in the underlying crypto. You can only trade reverse contracts using your Futures Trading Account.
- Leverage: At Pirbax Futures, we allow users to trade continuously with 50x leverage. We will not support leverage higher than 50x on Pirbax.
- Fee structure: Pirbax will initially charge a flat fee of 0.075% for each maker or taker trade.
Security
The system behind Pirba is strictly based on financing rate standards. An industry standard transmission encryption protocol is applied at the data transmission layer to ensure all user data and sensitive data is stored through bank-level data encryption. A dynamic multi-factor authentication mechanism has been introduced for sensitive processes such as transactions or withdrawals to offer our users maximum security. At the operational level, Pirba has established an internal risk control department and a dedicated operational process that has established strict operational and usage standards for production data. It requires multi-level verification and approval to review and use all online data, and core data is not sensitive to ensure maximum security for user data.
Pirba Staker
Pirba Staker allows users to select a specific currency as a staking reward to receive individual staking rewards in the selected currency. For this, the stack reward is automatically exchanged for the desired currency. For example, if a user selects PRBA currency, then all prizes collected will be automatically exchanged for PRBA on the spot market.
Staking
Cryptocurrencies that can be staked will be automatically staked on Pirbax. Prizes are paid automatically every 12 hours (measured after 23:59 (UTC)). Wallet snapshots are taken for all currencies throughout the day with no specific time. Pirbax will not participate in any network decisions in the currencies at stake, nor will it collect or list governance tokens immediately. Separate tokens such as governance tokens will be added in Pirbax as a result of community requests.
Private Sales
Pirbax has allocated 75% of the total supply for private sales. Pirbax will burn unsold tokens and will not launch any more sales after that. Pre-Sale will be started
Fiat Gate
We will allow deposits and withdrawals of fiat currency using credit cards (eg Mastercard, Visa), Paypal and several other payment providers which will be announced in the near future. Users can also buy cryptocurrencies directly from the fiat gateway and transfer them to their Pirbax wallet.
wallet design
The spot trading platform will have 2 different wallets. They are divided into leading accounts and commercial accounts.
This division occurs due to clarity and security for users, so there is no accidental buying/selling, and trading methods are only available after transfer from the main account to a commercial account.
The main account functions are mainly to receive and withdraw funds, as well as manage them. He followed instructions to show, in fact, that the translation was executed quickly and did not ask for any commission.
Low cost
Pirbax Spot will initially charge a flat fee of 0.15% for each spot redemption. Pirbax Future will initially charge a flat fee of 0.075% for each producer or taker exchange.
The framework behind Pirba is entirely based on financing rate norms. Industry-standard transmission encryption conventions are applied to the information transmission layer to ensure all client information and sensitive information is stored through bank-level information encryption. Dynamic multifaceted validation instruments have been presented for sensitive cycles, for example, exchanges or withdrawals to offer our clients the best security. At the functional level, Pirba has established an internal gambling control and functional cycle division that has established strict functional and usage guidelines for manufacturing information. This requires staggered confirmation and validation to survey and utilize internet-based datums, and non-sensitive central information to ensure the most extreme security for client information.
Pirbax tokens
The Pirbax token serves as a utility token and a content value carrier in the Pirbax ecosystem. We are constantly working to further develop the entire Pirbax ecosystem to offer our users a wide range of offerings and features. The Pirbax token is one of the main components and is integrated into every offering where possible.
Tokenomic
- Token Name: Pirbax Token
- Token symbol: PRBA
- Total Supply: 140,000,000 PRBA
- Network: Ethereum (ERC-20 Token)
- Token Type: Utility Token
Presale
The Pre Sale will take place between March 21 and March 27. The whitelist is expected to be interesting.
- Token fee: 1 PRBA = 0.004$
- Day to kickoff: March 21 (00:00 UTC)
- End date: March 27 (23:59 UTC)
- Deal Bonus: Up to 15% in PRBA
- Tokens sold: 98,000,000 PRBA
- (Unsold tokens will be forfeited and permanently removed from the stream.)
- Hard hat: 392,000$
- Whitelist: https://docs.google.com/structures/d/e/1FAIpQLSdeUHhUNT3v7lwNwkkUO0A1GM4T66U5huxbydCecyHCHKr7sQ/viewform
Pirbax has distributed 75% of the full stock for private transactions. Pirbax will use the unsold tokens and will not send one more deal later. The Pre-Sale will start on the seventh of March and will end on the thirteenth of March. Personal Sales Data will be provided on our authority site prior to the pre-deal.
Roadmap
The order of launch may change as some features arrive sooner than expected and we try to focus on the features/use cases that are most beneficial to our partners.
- June 2021 / Benchmarking : Platform design & development. Development of prototypes for angel/seed investor engagement and project strengthening.
- August 2021 / Active Development : Assemble the team and start active development on Pirbax. Finalizing technical designs with Partners.
- Sustainable Development Stage / Final : Publication of whitepaper and start of active marketing. Exchange testing, error detection and correction. Release launch date.
- Q1 2022 / Pirbax 1.0 Release : Pirbax trading platform launches Pirbax Spot and Futures trading. Launch of Fiat Gateway in preferred currency. Starting from a large-scale marketing campaign.
- Q2 2022 / Expansion : Large-Scale Marketing Campaign. Orientation traders and liquidity providers. Forming new partnerships to strengthen pirbax.
Team
Pirbax is developed by an experienced global team, passionate about technology, partnerships and the community we create.
For more information:
Website: https://www.pirbax.com/
Whitepaper : https://drive.google.com/file/d/1dCaCLyG8AcLyf1nDlmpDRW0nTzUrhZv5/view
Twitter : https://twitter.com/Pirbaxcom
Facebook : https://www.facebook.com/Pirbax-109019651713921
Telegram : https://t.me/PirbaxExchange
Author: Homio
Bitcointalk : https://bitcointalk.org/index.php?action=profile;u=2865336
My ETH Wallet Address : 0x3e9D0A5f1eA321a35AAec9629827123860d7Ea09