PIRBAX TOKEN

Abstract

There are fundamentally two forms of exchanges, in our opinion:

ones that concentrate on a certain market segment (e.g., Spot Exchange, Futures)

Exchanges, NFT marketplaces, lending, and so forth) as well as those that deal with

Everything at the same time; the ones and the ones who just trade in crypto. It’s the case.

We’ll concentrate on the latter. Despite the fact that there are already a few,

exchanges centered on this, as well as the overview and profession of the exchange

As a result, there is a deficiency. We are convinced that a well-defined cryptocurrency is the way to go.

Exchange can lead to a highly specialized and competitive firm.

In the world of banking and cryptocurrency, they are becoming increasingly essential. With Pirbax, we want to build an exchange that starts with well-defined sectors in which it is specialized and has a clear set of services.

Over time, more segments will be introduced, but they will not overwhelm the core.

Rather than creating a single platform for all of our businesses, we want to develop individual platforms for each of them.

segments, resulting in an overburdening of the core business. This has the effect of

particular chances for success, and allowing those platforms to flourish

in addition to the main business We aim to make an impact with this concept.

Cryptocurrencies are used to cover every area of the ecosystem.

We want Pirbax to be world-class as a result of this.

Engine for matching

From the time of writing, our own matching engine can handle 1,200,000 orders per second. We are devoted to providing the best service as part of our responsibility.

best possible trading results As a result, we’ve created our own.

matching engine, which is continually being improved in order to provide the best possible results.

to improve performance even more so that there is never an overflow

The Pirbax Spot

a place where you can find Pirbax

Pirbax Spot is Pirbax’s spot market trading platform for buying and selling.

trading cryptocurrencies listed on exchanges against other cryptocurrencies.

Pirbax Futures is Pirbax’s derivatives trading platform for trading exchange-traded cryptocurrencies with and without exposure to the traded cryptocurrency.

cryptocurrency. For this, we offer two different items that cover both.

The user has the option of employing leverage with his or her interests. Pirbax

Futures also has a separate account for trading.

Structure of the fees

Pirbax will impose a flat fee of 0.15 percent each spot trade at first. Other versions, such as maker-taker and volume-based, will be introduced later.tiering.

Structure of the wallet

Two wallets will be available on the Spot trading platform. The main account and the trading account are the two types of accounts. This isolation is for the sake of the children.

Users need clarity and security so that unintended purchases/sales do not occur.

occur, and money are only available for trading after they have been transferred from the main account.

a trading account to a trading account The main account’s primary function is to

Funds are received, withdrawn, and managed. It’s worth noting that the

There are no costs and the transmission is fast.

Feature Deployment

The platform will be released in the following order: — Pirbax Spot

Pirbax Futures, Pirbax Futures, Pirbax Futures, Pirb

- Fiat Portal

- Trading application for mobile devices (Android and iOS)

-And there’s more…

Staking

Cryptocurrencies that can be staked will be staked on the Pirbax automatically. Every 12 hours (measured after) rewards are automatically paid out.

(UTC) 23:59). Wallet snapshots are taken for all currencies on a regular basis.

a day without a definite start or end time Pirbax will not be involved in any network decision-making.

It will not immediately collect or list governance tokens in the staked currencies.

As a result, separate tokens such as governance tokens will be added to Pirbax.

a request from the community

Pirba Staker

Pirba Staker allows the user to select a specific currency as a staking reward

in order to receive individual staking rewards in a selected currency.

Pirba Token

We will issue our native token, called the Pirba Token (PRBA). A Strict limit of

140,000,000 PRBA will be created, never to be increased.

Allocation

Token Release Schedule

70% of the tokens will be reserved for the private sale and are distributed right

after the private sale

13% Founding team tokens will be locked for 5 years with quarterly releases.

Therefore, a maximum of 910,000 PRBA are released every quarter.

9% will be sold during the seed round for initial strategic investors and

unlocked in 24 months

5% will be allocated for partners and advisors with a 12-month vested cliff and

unlocked in 12 months after

3% will be used to pay for marketing expenses especially for promotions on

the platform.

Roadmap

Team
Eric Böhm
CEO and Co-Founder
Previously financial specialist at Commerzbank AG, 10+ Years of trading experience and previous foreign exchange manager at XE.
Jeon Shin
CTO and Co-Founder
Previously senior IT manager at klarna, head of information in a local department at Commerzbank AG. 15+ years of programming and management experience.
Elina Bermann
Chief Financial Officer
Previously business controller and compliance manager at Axel Springer SE and senior consultant at Deloitte in Nuremberg.
COMPLETE INFORMATION:
WEBSITE:https://pirbax.com/

WHITEPAPER:https://drive.google.com/file/d/1dCaCLyG8AcLyf1nDlmpDRW0nTzUrhZv5/view?usp=sharing

TELEGRAM:https://t.me/PirbaxExchange

TWITTER:https://twitter.com/Pirbaxcom

FACEBOOK:https://www.facebook.com/Pirbax-109019651713921

Author information:

Vuurnomo

https://bitcointalk.org/index.php?action=profile;u=3430922