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Bitfair to Begin Crypto Token Presale on July 9th

CAPE TOWN, SOUTH AFRICA / ACCESSWIRE / June 20, 2018 / Cryptotrade marketplace Bitfair will begin presale of the XBF token on July 9, 2018.

Bitfair, a new platform for serious crypto traders, will kick off their presale of its new crypto token, the XBF token, on July 9, 2018.

Bitfair aims to become a marketplace where crypto enthusiasts enter directly into a peer-to-peer trade via a Smart Option Contract (SOC). This flexibility creates additional profit opportunities and trading positions, in altcoins, that are not currently available. Each trade on Bitfair is peer-to-peer - between two individuals - and Bitfair simply provides the marketplace and receives trade fees from each trade executed. All trades are entered into a SOC for a predetermined profit/loss during a set trading time contract.

Overcoming the inherent flaws of traditional trading using the exchanges, traders trading through Bitfair are allowed to profit from any cryptocurrency price movement, be it up or down. Bitfair provides the platform to open a short position for any listed cryptocurrency at 1000x leverage - 10 times higher than most leveraged exchanges without requiring a centralized broker, and all the problems associated with making and simultaneously trading the market.

For the past year, the Bitfair team has been hard at work building the innovative trading algorithm and Smart Contracts on which the platform will be launched. The XBF token represents Bitfair's next development phase and will serve as the trading fair on the Bitfair ecosystem.

Bitfair's official launch has been scheduled for Monday, October 1, 2018, with major improvements planned for the remainder of 2018. As a unique advantage, Bitfair is offering prepayment of the XBF token in advance for use on the Bitfair platform. Tokens will be available for purchase with ETH, BTC, XRP, BCH, LTC, XMR, or wire transfer and will be priced at $0.05. Formed within the blockchain, XBF tokens hold their value indefinitely and bestow special product benefits and increased rewards on their holders.

During the presale, Bitfair will be offering bonuses to incentivize purchases.

  • Round 1 - Min $25,000 for 75% bonus

  • Round 2 - Min $10,000 for 50% bonus

  • Round 3 - 40% bonus

  • Round 4 - 30% bonus

A purchase of $10,000 or more XFB during rounds 3 and 4 of the presale event will receive an additional 10% bonus allocation.

The presale will begin on July 9; the main token sale will run later in 2018. Users may purchase up to 720 million tokens, and only 1.2 billion XBF tokens will be distributed; XBF tokens will later launch on the Bitfair Exchange at a price of $0.05 per token.

Bitfair links:

Website: https://bitfair.com/
Whitepaper: http://whitepaper.bitfair.com/
Telegram: http://t.me/bitfairhq

Media Contact:

Name : Magdél Steyn
Email: magdel@bitfair.com
Cell no.: +27 74 102 4851
Telegram: https://t.me/magdelsteyn

SOURCE: Bitfair

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