Welcome to Encrybit!

Encrybit research revealed that 37% of the traders are unhappy with the high trading fees on exchanges.

Providing an exchange is more turned into a profit making business rather than offering a service. Traders pay $28 on an average per transaction as per the BitInfoCharts analysis. It goes as high as 40% of the transaction amount. Hence, the burden of high trading fees on the traders.

The popular exchanges have a maker-taker fee model for the transaction fees. The maker fees are 0.16%, 0.10%, 0.10%, 0% and 0.15% for Kraken, Binance, Bitfinex, GDAX and Poloniex respectively. The taker fees are 0.26%, 0.10%, 0.20%, 0.25% and 0.25% for Kraken, Binance, Bitfinex, GDAX and Poloniex respectively.

Encrybit is here to help the cryptocurrency trading community. The trading fees on our exchange will be moderate, not to create a burden on the traders.

– All fees will be kept marginal and low.

– Encrybit to have an introductory zero-fee period for a month and after that, each trade will be charged with only 0.1% trading fee. Maker-taker model, volume and promotions will be added at a later stage.

– 50% discount if fees paid using the Encrybit token.

The private Sale of ENCX tokens is now live. Contribute early to receive a bonus of up to 40%!!!

Encrybit Exchange prototype, financial forecast is available for private review with Encrybit CEO. Grab the opportunity to be a founding contributor to Modern cryptocurrency exchange.

Be a part of the revolution!

Website – https://encrybit.io/
Exchange Whitepaper – https://encrybit.io/pdf/encrybit-wp-v1.pdf
Encrybit Exchange Forecast – https://encrybit.io/pdf/encx-financial-v1.pdf
Business Deck – https://encrybit.io/pdf/pitchdeck_v1.pdf
Telegram – https://t.me/encrybit

Reference:
1. https://www.cnbc.com/2017/12/19/big-transactions-fees-are-a-problem-for-bitcoin.html
2. https://en.bitcoin.it/wiki/Comparison_of_exchanges

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