Presenting Buzzex exchange (trans-fee mining, dividends, free trading)

Buzzex Coin (BZX) Benefits:

• Get discount on Trading from 5% to 100%
  Get Rewarded through Staking and Masternodes
  Upto 80% of Trading fee shared with Buzzex Coin holders
  Vote on coins to be listed on exchange
  Vote on Proposals to Grow the ecosystem

The Buzzex Exchange is being created in order to allow traders to trade at a 100% discount and grow their crypto portfolio as well. At the same time they will be able to have a say in the company by being able to vote on new coins being listed and how the monthly budget from the blockchain will be spent.

Buzzex Coin Specs:

• Coin Name: Buzzex Coin
  Coin Ticker: BZX
  Algorithm: Quark/POS
  Masternode Collateral: 10,000
  Initial Supply: 750,000,000
  Pre-Mine: Distributed according to our [Only registered and activated users can see links. Click Here To Register...]
  Block Reward: 30 MN / 10 Staking / 10 Budget
  Block Time: 60 Seconds
  Yearly Inflation: 3.504% Year 1

The Buzzex Coin has been created in order to function as the utility coin of the Buzzex Exchange. The main difference with for instance Binance Coin is that traders simply need to hold the coin in order to get a trading discount, rather than paying with the coin to get a discount. So more traders simply means more holders of BZX. Traders that hold 20,000 BZX will get a 100% discount on trading fees when trading on Buzzex. Traders that hold an additional 20,000 BZX will also earn up to 80% of company profits in the form of daily dividends and weekly airdrops.

[Only registered and activated users can see links. Click Here To Register...]

Buzzex Coin Wallet:

• [Only registered and activated users can see links. Click Here To Register...]
  [Only registered and activated users can see links. Click Here To Register...]
  [Only registered and activated users can see links. Click Here To Register...]
  [Only registered and activated users can see links. Click Here To Register...]

Want to run a Buzzex Coin Masternode?

This script makes it very easy to set one up:

[Only registered and activated users can see links. Click Here To Register...]

IMPORTANT: Please read this info and follow the steps after downloading the wallet to make it synch fast:

[Only registered and activated users can see links. Click Here To Register...]

Current contests/bounties:

• [Only registered and activated users can see links. Click Here To Register...]
  [Only registered and activated users can see links. Click Here To Register...]
  [Only registered and activated users can see links. Click Here To Register...]
  [Only registered and activated users can see links. Click Here To Register...]
  [url=https://bitcointalk.org/index.php?topic=50921315 questions[/url]Bounties
  [Only registered and activated users can see links. Click Here To Register...]
  [Only registered and activated users can see links. Click Here To Register...]
  [Only registered and activated users can see links. Click Here To Register...]

Any More Questions?

Feel free to ask below!


I'm part of this project for the past 2 years. The exchange has been built from the ground up and will be ready in February/start of March.
As you can see, the idea is great and the progress is fine. (note that there was no ICO!)
If you have any concerns/ideas/questions, don't hesitate to ask me here or through PM.

Best regards

We are happy to announce that the documentation for the Buzzex API is now live, here you can find that:

Documentation is accessible here: [Only registered and activated users can see links. Click Here To Register...]

There is a public API which is used to obtain information that does not require access to personal data of the account.

And there is a trading API which is used for the creation and cancellation of orders, actual balance information requests as well as for obtaining information that requires access to personal data of the account and actual trading.

Developers who wish to build applications using the Buzzex API can already do so, and soon join our API competition to win a lot of free BZX coins.

More information about the API competition will be made public just before it launches.

All the best!

_________________________________________
500 #BZX each have been rewarded to all voters for the following coins:

Litecoin
Dash
Ethereum Classic
Bitcoin Gold
Dogecoin
GameX

Congratulations!

Additional votes over 1,000 for Litecoin have been cancelled and returned so they can vote for another coin.

More coins that will be listed on Buzzex will be announced every week from now on.

Hello fellow epvpers,

today I have exciting news about Buzzex exchange to share!

The whole update is available here: [Only registered and activated users can see links. Click Here To Register...]

Those are the topics covered in the update:
-> Bug Fixing
-> Servers Setup
-> Wallets Setup
-> First Batch Of Coins Integration
-> Automated Dividend Sharing
-> Stress Testing
-> Security Testing

There will also be an exact date about exchange opening announced soon!

Best regards

Good day,
Could you tell me please if I am right understading that BZX is only the internal coin though the platform, not for sale/withdrawal/any outside operations?

Quote:

Originally Posted by Maria Milevich Good day, Could you tell me please if I am right understading that BZX is only the internal coin though the platform, not for sale/withdrawal/any outside operations?

Hi Maria,
BZX coin is functional everywhere, just like every other coin.
There is an offline wallet where you can store it, send it anywhere, run masternodes, stake...
However if you have it on exchange, you'll recieve daily dividends and discount on trading fees (from 5-100% discount).
It can also be added to any exchanges worldwide, so it's defintely not internal only 😊
Best regards

Hello crypto enthusiast,
I'm posting one of the biggest and most amazing updates of Buzzex Exchange today:

General Stats

We are happy to announce that we have crossed the 40,000 signups during our pre-launch so far.
1,624,000 BZX have been sold so far during pre-launch, meaning only 376,000 are available at the lowest tier at $0.05!
3,244,614 BZX have been distributed as bonus for pre-launch buyers. Please note that this is a lifelong bonus and pre-launch buyers will receive daily coins forever for helping support the project in this early stage. More info can be found here.
At the moment 1053 Masternodes are powering the Buzzex Coin blockchain.
Integration Of Trans-Fee Mining Setup

Our developers are finalizing the feature to automatically distribute Buzzex Coins earnings for trading during the first 6 months of our launch.

Here’s how this will work:

For every $65 traded you will earn 1 BZX
Once every hour our script will add earnings directly to your wallet
Buzzex Coins are distributed in full, meaning we will only distribute 1 BZX, 2 BZX etc. depending on how much you traded the previous hour
Owning Buzezx coins not only allows you to earn in various ways (Dividends, Masternodes, Staking etc.) but will also allow you to trade without having to pay any trading fees after the trans-fee mining period. For this you need 20,000 BZX and during the first 6 months after launch, trading will be an additional option to acquire BZX coins.

Important note: Everybody that holds 20,000 BZX will start earning daily dividends and from weekly airdrops the moment we launch!

Liquidity Aggregator Feature

The most important aspect of any new exchange, in combination with, security, a fully working platform and excellent support, is liquidity.

Liquidity refers to the available coins in the market and how many coins can be bought or sold without affecting the price.

The current state of the cryptocurrency space isn’t good in terms of liquidity. In fact, most big crypto exchanges have poor liquidity.

That’s why we have created a featured which we’ll call the “Global Order Book.”

Here’s how it works:

Order is placed on the Buzzex Exchange
Our matching engine will look for matching orders as they are being added to Buzzex
Our global order book system will also look for matching orders on other exchanges and from liquidity providers
With this setup, there is guaranteed to be high liquidity and deep order books on the Buzzex Exchange in all markets from day 1, solving one of the main problems any new cryptocurrency exchange faces.

Addition Of 90+ Tokens

A huge step forward in terms of token additions is the finalization of our ERC20 tokens setup on the Buzzex Exchange.

That’s why we will soon (later this week) announce over 90 tokens that will be added to the exchange the moment Buzzex launches.

These tokens are a combination of our own research (mostly based on demand for the token) and the voting being done by Buzzex members.

Obviously, if a token you voted for gets added and your are KYC verified, you will receive your 500 BZX voting bonus.

Traders Stats Dashboard

A very interesting feature that will be added before we launch the Buzzex platform, is a portfolio and trade tracker.

Instead of just having a wallet page and basic info about your trades, we will add a clean looking dashboard allowing you to monitor all your actions inside the Buzzex platform.

Everybody that trades on Buzzex will be able to keep track of their trades in their own personal dashboard. You’ll be able to see the potential profit you can make from open orders and the total profit/loss you made from all executed orders.

On top of that you’ll also be able to monitor your overall stats of your entire trading history on Buzzex, showing exactly how much you earned or lost so far.

Important: There will also be an export feature allowing you to easily keep track of your trading and store your data offline. This comes in handy if you are required to file your tax returns for instance.

As soon as we have more info we’ll show a preview of how the personal dashboard will look like.

Buzzex Integration Into Gekko Bot

As mentioned in a previous update, we have added the Buzzex exchange into a trading bot called Gekko and are about to test it in our beta environment. Our developer Cris has added the bot to Github in case you want to check it out: [Only registered and activated users can see links. Click Here To Register...]

Gekko is a bot that analysis trading patterns and executes trades based on strategies created by traders.

We have also been in contact with the Gekko bot developer (Mike who is based in the Netherlands) as he is setting up a paid service called “Gekkoplus” which will allow newbie traders to use existing trading strategies created by top traders.

He is willing to add Buzzex to his paid platform so just about anybody who wants to use strategies from his marketplace will be able to do so and trade automatically on Buzzex!

In return, we will create a page with all strategies that can be used on Buzzex on our platform so you can easily pick a strategy that returns profits and activate it with a few clicks.

We definitely believe that machine trading will greatly evolve and improve as the cryptocurrency markets grow. A service like Gekkoplus is a great place to allow new traders to take their first steps into trading, hence we wanted to ensure this will be possible using the Buzzex exchange.

Hiring Extra Staff

As we’re in the final phase of development, we are starting to look into hiring more staff which will revolve around 2 areas:

Expert traders which will assist us with final bug testing.
Security expert to assist us with final security checks.
Hiring extra support staff and training them so we are ready to provide excellent support the moment we launch.
We have also set up our entire system with the ability to quickly hire more staff in terms of development as well. It’s true that we have a rather small team at the moment, but the moment we launch we will start to expand Buzzex in all areas quickly, and one of our main priorities is to hire more developers.

Buzzex Masternode Service

We experienced some unexpected server outages which affected our VPS servers hosting the Masternodes of customers. That’s why they went offline.

We want to make up for this by sending the missing earnings from the days the servers were offline.

We will contact all customers personally asking for their Buzzex wallet address. So please stay tuned this week for a mail from our staff to sort this out.

Expected Launch Date

A cryptocurrency exchange is a very complicated business as it deals with handling funds of customers. That’s why we take a lot of measures to ensure the platform, which we have built from scratch, will be secure, fast and give all traders a pleasant experience when using it.

With the majority of bugs fixed and soon welcoming a few new team members who will work hand in hand with our developers, we are happy to announce that we have an estimated launch date which is between March 18 and March 28.

We still won’t announce the exact day as there might be an unexpected (yet slight) delay, which is why we take a margin of 10 days in case this happens.

Our main focus in the final phase is to simply test every little aspect of our platform to ensure we can deliver a great product.

Marketing

The next weeks we’ll start a marketing campaign together with our global ambassadors to introduce Buzzex to the coins that already have a guarantee to be listed.

As of now, we have mainly focused on coins that could potentially be listed (and the majority of signups have come from these efforts so far), so we expect to see another surge in signups the weeks before we actually launch.

Secondly, the final week before we launch we will start some paid marketing campaigns and continue this with part of the extra budget we’ll have when our product launches. These will incude:

Press Releases
Sponsored posts on crypto blogs
Reviews by crypto influencers
Marketing is something every business needs to do and the majority of the remaining sales we make of Buzzex Coins during our pre-launch will be used to start paid marketing campaigns. After that we intend to use 10-20% of our overall budget to continiously attract more traders to Buzzex in order to gradually grow the volume on our exchange.

Conclusion


We have come a long way already and are on the verge of launching a world-class exchange. Our team has done a great job so far and will continue to remain focused on what we need to do to succeed.

We have solved the biggest problem for new exchanges which is initial liquidity, meaning all new traders will be able to buy all coins listed instantly and there won’t be any empty order books.

In the long run, we firmly believe that our business model is what will set us apart. Traders will not only be able to trade for free, but also earn daily dividends on top of that.

Initially, it’s a race to acquire at least 20,000 Buzzex Coins (or more) to activate all the lifelong benefits our business will provide.

It will also be very interesting to see if a major business like Buzzex can be run by a DAO as well. By having a budget on the blockchain that will allow anybody to submit proposals to help the project, and have Masternode owners vote for these proposals on the blockchain, we will create a community of crypto enthusiasts who share the vision for which blockchain projects were built for.

Rigt now however, our main focus is to successfully launch our platform and ensure we make it a platform that has the same level of functionality, features, security and support service as the big exchanges of today.

If that works out, then there is no way that a superior business model won’t be able to compete with those big exchanges as well.

That’s it for now, have a great day!

The Buzzex Team

New exciting update is available at: [Only registered and activated users can see links. Click Here To Register...]
In this update, you'll find clarifications and more information about these topics:
- How Global Order Book is going to work
- What are the benefits of Global Order feature
- One of the main advantages of our Exchange, called Fee Cashback , which will make traders benefits' even bigger!