Bitfair ICO review, all information about token sale Bitfair (XBF) | ICORating
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Bitfair

Exchanges & Wallets

Overview

Bitfair is an OTC derivative exchange allowing crypto traders to trade up to 1000X leverage and profit during up or down price movement of their favorite cryptocurrency.

Features

Traders on the Bitfair platform will be able to place orders for a wide range of tokens in various SOC trading contracts. All trades are recorded into a Smart Option Contract (SOC). All SOC trades will automatically be executed if the floor or ceiling price is reached anytime during the trade contract or upon the expiration of the SOC. 
When predetermined conditions are met, Bitfair will trigger and execute the trade. Funds will then be distributed to the profitable trader on the Bitfair platform. Bitfair SOC results and details are recorded and thereafter accessible through a public blockchain explorer.

Crowdsale

Pre-sale
Pre-sale start date 09 Jul 2018
Pre-sale end date 09 Aug 2018
Token Sale
ICO token supply 720,000,000
Token details
Ticker XBF
Type Utility-token
Additional Token Emission No
Accepted Currencies

BTC

ETH

XRP

BCH

LTC

XMR

Token distribution

60% - Token Sale & Distribution

13% - Reserved for Investors & Advisory Team

13% - XBF Community Airdrop

9% - Founders

5% - Developimg Team

Funds allocation

25% - Marketing Campaign

20% - Salaries, Wages & Consulting Fees

17% - Other Operating Expenses

10% - Legal Fees

10% - Reserved for Future Opex

9% - Listing on Various Top Exchanges

6% - System Security and Audits

3% - Research and Development

Ratings

Type of ratings
Rating
Status
Hype score
Medium
Active

Team members

Name
Position
Score
Social
CO-Founder
NA
Greg van der Spuy
NA
Chief Technology Officer
NA
Chief Marketing Officer
NA
Chief Design Officer
NA

Advisors

Funding Rounds

Media about Bitfair

reddit

/r/BitcoinMarkets

Rating Review and Analytics

Investment rating Info NA
Hype score Info Medium
Risk score Info NA
Token XBF
Price 1 XBF = 0.05 USD
Product Type Service
KYC Yes
Whitepaper View
Bitfair (XBF) widget
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