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[ANN] Buzzex Exchange Utility Coin - Up To 100% Discount

Fri Jan 04, 2019 3:21 am

Website | Facebook | Telegram Group | Telegram Channel | Twitter | LinkedIn | Youtube | Whitepaper | Knowledgebase

Buzzex Exchange – The Crypto Currency Exchange built for the benefit of Traders and Investors.


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 Whitepaper
> 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.


Current contests/bounties:


KYC-bounty
Voting bounty
Airdrop, Twitter, Telegram, Facebook, Reddit, LinkedIn, YouTube, Article & Signature campaigns
Contest
Bounties
Profit-share
Referral
Trans-fee mining

Any More Questions?

Feel free to ask below!
Last edited by bill.berg on Fri Apr 05, 2019 1:44 am, edited 1 time in total.

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Re: [ANN] Buzzex Exchange Utility Coin - Up To 100% Discount

Fri Jan 04, 2019 8:49 pm

Buzzex Trading Features – Preview Of The Buzzex Platform Trading Page

Buzzex has officially launched its private beta testing phase on November 28. Beta testers have been given some test coins and performed the first trades on the exchange platform.

As they have been testing the platform for over a week now, we have received great feedback to fix bugs and make improvements to the trading page. We are very happy with the progress regarding developments so far, and from the activity of our beta testers to provide relevant feedback as well.

In this post you’ll learn more about the trading page and the options for traders on the Buzzex platform. According to the suggestions of our beta testers we will add more features to improve the trading experience even further.

Let’s get started with the overview.

Dark And Light Mode

Some people might prefer a different trading view than others. That’s why we have made it easy to switch the view according to your preference.

This is how the light view looks like:

Image

And this is how the dark view looks like:

Image

In order to switch we’ve added the option in the top right corner to easily switch the trading view:

Image

By default, the trading view is set to dark but you can easily switch according to what you prefer when trading on Buzzex.

Search For Coins And Add Favorites

When you start to trade, the first thing you’ll do is to find the markets of the coins you actually want to buy or sell. This can be done by typing the ticker of the coin you want to trrade in the search box here:

Image

All the markets of that particular coin will appear so you can easily switch to the market you want to trade in.

Another option is to mark your favorite coins with a star and click the option to only show those coins:

Image

This makes it easy to filter all coins you want to trade without having to type all the coins in the search box.

You can easily switch markets using the base currency bar.

Trading Chart And Market Info

As most popular exchanges we have integrated charts provided by Tradingview:

Image

This allows traders to have a clear view on executed trades and volume along with offering multiple tools to analyse the trading history of every market using numerous trading indicators.

Apart from the small chart, traders can also enlarge the chart into full screen mode to get an even better view:

Image

Above the chart all info is displayed to get a clear view on the market at the moment which includes:

Market you are viewing (ADZ/BTC in this example)
Latest price in base currency and Dollar value
24 hour change of latest price
24 hour highest and lowest price in base currency
24 hour volume of the market you are viewing

Image

Trading On Buzzex

To trade, Buzzex currently offers 3 types of trading options which are limit, market and stop-limit orders.

A limit order allows you to buy a coin at a certain price of your choice. When you confirm the buy or sell form, you order will be added on the exchange’s order book:

Image

A market order allows you to instantly buy coins from the market based on the orders available already on the exchange’s order books. This also means that depending on how much you spend and the market volume the moment you buy the coins, that it’s possible you will pay for the coin at different price points:

Image

A stop-limit order allows you to create a limit order once a certain price has been reached. So in the example below, if the price of 198 satoshis for 1 ADZ has been reached on the exchange, an order for 1 ADZ at a price of 200 satoshis will automatically be created and added to the exchange’s order book as a limit order:

Image

Balance Slider

An interesting feature for traders is the ability to use a slider in order to determine how many coins they want to spend on limit or market orders. Using the slider will allow you to easily buy or sell a certain amount of coins without having to type them into the order form:

Image

Latest Trades

You can see the latest trades below the coin markets on the left side of the trading page. The options here are to show all market orders or just show your own latest trades:

Image

Below the trading box you can also see your latest orders for both limit and stop-limit orders.

When clicking the “more” link you will be able to see a detailed view of all your orders so far with multiple filtering options:

Image

Buzzex Order Book

Finally, the order book of the markets on Buzzex is positioned next to the trading chart on the right hand side of the trading page:

Image

The options for traders here are:

Merge decimals of coin value from 1 to 8 decimals
Only display buy or sell wall or show both (both are shown by default)
See volume of all orders on the order book (red and green graphs)

As you can see the trading page on Buzzex comes packed with interesting features to make trading on Buzzex an enjoyable experience. As of now our developers are working non-stop to monitor the suggestions of our beta testers to both iron out any bugs and make small improvements to what is presented in this post.

The core features of trading on Buzzex are already present which confirms we are on schedule in terms of development.

At the same time our developers are working hard to finalize our next major feature which is the public and private API, allowing developers and traders to pull info from the Buzzex exchange and/or create trading bots to automate trading.

If you have any comments on the info provided in this post, feel free to add them below

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Re: [ANN] Buzzex Exchange Utility Coin - Up To 100% Discount

Sat Jan 05, 2019 9:00 pm

Buzzex Contests With Amazing Prizes

Buzzex has reserved 120 million coins to be sold during the pre-launch. We have decided to reduce this amount to just 5 million and use the additional 115 Million BZX to be used for 2 major contests to grow the Buzzex user-base before the platform launches in Q1 of 2019.

In this post, we’ll go into full detail as to how the 115 Million BZX will be divided for 2 contests with huge prizes for participants.

Contest 1: Coin Developers

Buzzex has a partner program and already reserved 100 million BZX to be divided amongst coin projects which join the program.

When BZX launches, verified partners will earn BZX based on trading volume of their coin on the Buzzex Exchange. These coins can then be used to further grow their project.

During the pre-launch we’ll add an additional incentive for coin developers to promote Buzzex to their followers by reserving another 100 million BZX for verified partners based on the amount of verified votes they get on the Buzzex voting page.

Every verified vote they receive will result in 1000 BZX being added to their account!

IMPORTANT: All current verified votes will count towards the total as well.

So to show current stats:

Image

At the moment there are already a lot of coin projects that have received verified votes from Buzzex members. Every vote means 1000 BZX for the coin project if they verify their site on Buzzex.

So this means that:

Litecoin will get 964,000 BZX
Dash will get 362,000 BZX
Ethereum Classic will get 121,000 BZX
GameX will get 110,000 BZX
And so on…
Important notes:

In order to actually get the BZX, coin developers will have to verify the main site of their project.

All coin developers will have a separate voting page where they can both verify their site and share with their supporters (or supporters can share it with them). This voting page will also show the number of votes they received so far and the total earnings they can claim by verifying their project.

These rewards will end 24 hours before the Buzzex platform launches in Q1 of 2019 (estimate is 2-3 months from the moment of writing this post) or if a total of 100,000 verified votes is reached.

A maximum of 1000 votes will receive a reward, meaning the maximum earnings for coin projects is 1 Million BZX ($130K value). 1000 verified votes mean the coin will automatically be listed on the Buzzex Exchange.

With this extra bonus offer on top of the original pool of 100 million BZX reserved for coin projects (which will be shared after the Buzzex Exchange launches), we are positive to get a lot of coin projects engaged with the Buzzex Exchange. This will result in more traders using the platform and higher overall liquidity.

Contest 2: Buzzex Members

The remaining 15 million BZX will be used for a second contest in which every Buzzex member can participate.

This is the amount of BZX winners will receive:

1. 1,000,000 BZX ($130,000)
2-10. 500,000 BZX ($65,000)
11-50. 100,000 BZX ($13,000)
51-100. 20,000 BZX (2,600)
101-500. 10,000 BZX ($1,300)
501-1000. 1,000 BZX ($130)

Yes, you read that right, the winner will get an amazing 1 million BZX (worth $130K) and the first 1000 winners will all receive BZX coins!

So how will the contest work?

Here is an overview:

Every Buzzex Member will have a chance to answer the contest question once. The question is: What will the average daily trading volume on Buzzex be the first 7 days after the exchange launches (in Dollar value)?

A new contest page will be added to the Buzzex pre-launch site where you can fill your answer. Everybody that joined Buzzex will have 1 answer field where they can enter the amount in Dollars.

For everybody that you refer to Buzzex (KYC verified members), you’ll get an extra field to add an answer. So if you have 1 referral, you’ll be able to enter 2 answers. If you have 5 referrals you’ll be able to add 6 answers. If you have 100 referrals you’ll be able to add 101 answers and so on…

Everybody can only win once! So if you refer 100 people you can’t win 101 times. Your closest guess will count as the only answer.

To make it easy to attract more participants, you’ll be able to easily share the contest page using your Buzzex referral link.

IMPORTANT: You’ll be able to update your guesses easily before the deadline which is 24 hours before the exchange actually launches.
We’ll be posting a lot of updates as we get closer to the launch of the Buzzex Exchange with a lot of info to make one or more informed guesses as to what the average daily trading volume on Buzzex will be the first 7 days we launched.

So make sure to stay tuned. 😊

Finally, because we have limited the BZX to be sold to just 5 million during pre-launch, the lifelong bonus coins you’ll receive if you buy coins during the pre-launch from company staking will remain high.

To find more info about these bonus coins, please check this article. If you want to grab some more BZX to ensure your lifelong passive income, buy BZX here.

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Re: [ANN] Buzzex Exchange Utility Coin - Up To 100% Discount

Mon Jan 07, 2019 12:22 am

Buzzex Update December 31 – Looking Into 2019

As this is the last day of 2018, it’s the perfect day to mention that development of the Buzzex platform has been making great moves forward.

We are happy to announce that we have finalized the development of the core platform including the trading engine, and also finalized the development of the public and private trading API.

If you want a more detailed overview of all trading features, please read this forum post.

This means we can start 2019 with:

Stress testing of the trading engine
Stress testing of the trading API
Make API documentation public
Make improvements where needed by optimizing server capability
Adding more coins to the exchange
Fixing bugs and feature improvements based on beta testers suggestions
Our goal is to be able to have a trading platform that can handle as many trades as all the other top cryptocurrency exchanges in the business.

Additionally, we have started the process of adding coins to the exchange as well which means we’ll have a large variety of coins available for trading the moment Buzzex launches.

January 2019 will be an exciting month because we’ll not only announce when Buzzex will launch (date will be determined by the first 2 weeks of stress testing) but also which coins will trade on the Buzzex platform.

The moment we start announcing the coins that will be integrated for trading at launch time, we will also distribute the voting rewards to verified members that voted for their favorite coins so far on the voting page.

January 2019 will also be the month we will launch our API competition. This means developers and pro-traders will be able to create bots to automate trading on the Buzzex exchange. This is one of the core strategies to ensure high liquidity in all markets the moment we launch.

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Re: [ANN] Buzzex Exchange Utility Coin - Up To 100% Discount

Tue Jan 08, 2019 2:38 am

2 New Bounty Campaigns And More Info For Start Of Global Ambassadors Program

I hope everybody enjoyed the New Year celebration and would like to wish all of you a great 2019!

With the start of the new year we have created 2 extra bounty campaigns allowing you to earn more Buzzex Coins before the launch of the Buzzex Exchange.

We have also more info about the global ambassador program which will start shortly.

So let’s get started!

Bounty Campaign 1

We have added an additional bounty campaign to our old bounty campaign thread which can be found here.

This campaign is related to our official subreddit and will easily allow you to earn 200 extra Buzzex Coins.

We believe that apart from our Telegram group which is very dynamic, we need a place where we can post content and where people can ask general questions related to the project. Our newly created subreddit will be this place.

We will also actively add more content to the subreddit the upcoming weeks.

So go ahead, join our subreddit, follow the steps in “campaign 2” of our Bitcointalk Reddit bounty campaign section and earn 200 extra Buzzex Coins.

Bounty Campaign 2

The second bounty campaign is related to our Buzzex Contest. Everybody that follows the steps in this bounty campaign will be able to earn 1000 BZX coins.

Check out the new Buzzex Contest bounty campaign here.

The idea for this campaing is two-fold:

This campaign will help to spread the news about the Buzzex Contest and will get more people actively involved in the Buzzex Project.

The campaign is set up in such a way that people need to answer questions to get the reward, which will help newcomers to learn more about the project from other members.

Important: This bounty campaign is limited to the first 5,000 participants. When this number is reached and all Buzzex Coins reserved for this campaign are distributed, it will end indefinitely.

Global Ambassador Program Start

We have created a set of guidelines for global ambassadors to follow in order to earn 10,000 BZX on a monthly basis for the next 2 years.

An ambassador will not only be required to spread the news about the Buzzex platform but will also be required to help new people out by representing the Buzzex platform.

We feel this is an amazing reward to get and it will obviously be needed to meet the guidelines we have set.

This week we will contact all eligible people that submitted their application to become a global ambassador, and rewards for the ambassador program will be distributed exactly one month later.

Our goal with the ambassador program is to reach people worldwide. Just about every country has its own forums and various groups discussing cryptocurrency and cryptocurrency trading. With the help of our global ambassadors we’ll be able to reach a lot of people who will become traders on the Buzzex platform in the near future.

So that’s it for now. Go ahead and join the campaigns, earn some more Buzzex Coins and enjoy your day!

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Re: [ANN] Buzzex Exchange Utility Coin - Up To 100% Discount

Wed Jan 09, 2019 2:53 am

Masternodes Update

More than 820 masternodes supporting the Buzzex Coin Network and earnings rewards daily. How many do you own.

Get Buzzex Coin at the highest discount now and earn not only from Masterdnodes but also from Buzzex Lifelong Daily Bonus offer.

More info can be found here.

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Re: [ANN] Buzzex Exchange Utility Coin - Up To 100% Discount

Thu Jan 10, 2019 1:42 am

We are happy to announce that the Buzzex API is now live.

More information and a link to the Buzzex API documentation can be found here:

>>> Check Buzzex API Information

The Buzzex API will allow developers and pro-traders to create applications to either gather data from the Buzzex exchange and/or trade automatically using software.

Obviously this is a much needed feature and we are happy to complete this as early as now so the coding of trading applications can start and be ready for the launch of the Buzzex platform.

Have a great day!
The Buzzex Team

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Re: [ANN] Buzzex Exchange Utility Coin - Up To 100% Discount

Fri Jan 11, 2019 2:37 am

Vote for your favorite coin

More than 600 projects waiting for your vote. What's your favorite coin you want to see listed on the Buzzex Exchange.

Read the rules, cast your vote and get 500 BZX coins.

Vote here today

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Re: [ANN] Buzzex Exchange Utility Coin - Up To 100% Discount

Sat Jan 12, 2019 11:30 pm

Members Update

More than 1,600 unique members are earning from the Buzzex Bounty Campaign. Get in now and accumulate as much BZX as you can.

Numerous wasy toe earn! Get all the details at. Buzzex Bounties

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Re: [ANN] Buzzex Exchange Utility Coin - Up To 100% Discount

Mon Jan 14, 2019 2:00 am

Low listing fees for your coin

Don't pay those hefty listing fees to get your coin on other exchanges. List it at Buzzex for free and also get a share from the 200 million BZX give away (the value at launch is $26 million). Read more and find the application form here:

Coin developer partner program

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Re: [ANN] Buzzex Exchange Utility Coin - Up To 100% Discount

Thu Jan 17, 2019 3:14 am

Buzzex Questions?

You can visit the FAQ page here. Buzzex Answers

Buzzex is built for the benefit of traders and investors. Use the fast trading platform free and keep 100% of the profits. No trading fees charge if you hold 20k buzzex coins. There are multiple benefits of the native currency. Get them at the highest discount available now.

Buzzex Trading
Last edited by bill.berg on Sun Jan 20, 2019 11:19 pm, edited 1 time in total.

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Re: [ANN] Buzzex Exchange Utility Coin - Up To 100% Discount

Fri Jan 18, 2019 3:35 pm

Voting Rewards Have Been Paid

Hi everyone,

We are pleased to inform you that the voting rewards for following coins have been released.

Litecoin
Dash
Ethereum Classic
Bitcoin Gold
Dogecoin
GameX

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

If you have voted for any of them, CONGRATULATIONS!

You can withdraw your coins to an offline wallet which can be downloaded from the link below
Buzzex Offline Wallet

If you haven't voted yet, visit the voting page and vote for your favorite coin now!

Have fun!

Wish You luck!
The Buzzex Team

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Re: [ANN] Buzzex Exchange Utility Coin - Up To 100% Discount

Sun Jan 20, 2019 4:14 am

Passive Income

Bill Berg here, I'm currently acting as a Global Ambassador for the new Buzzex crypto trading platform. I'm also taking advantage of the presale dividend pay outs. I purchased enough BZX to currenly earn about 450 BZX per day. It's also a great time to start your own masternodes and earn some of your own BZX. I'm currently running 12 masternodes. These 12 masternodes earn me about 700 BZX per day.

If your interested in earning BZX let us know. We have a great group of members in our telegram chat groups to offer assistance. I can also help you out in this thread. I usually check in here once per day.

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Re: [ANN] Buzzex Exchange Utility Coin - Up To 100% Discount

Sun Jan 20, 2019 11:26 pm

Exchange Beta Testing

During Q4 of 2018 the Buzzex trading platform was being born. A team of developers started creating a crypto exchange from scratch. As of November 2018 beta testers like myself where ask to test the platform and report back any suggestions or bugs. That's how dedicated the Buzzex team is to making this a great end user trading platform. The team is still working on fine tuning the exchange and will soon announce a launch date.

Bill Berg
Buzzex GA

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Re: [ANN] Buzzex Exchange Utility Coin - Up To 100% Discount

Tue Jan 22, 2019 1:51 am

BZX Coin Trading

One of the top questions we receive is "When will the BZX coin be tradable"?

The Buzzex trading platform will use the trans mining period for the BZX coin. Every $65 traded 1 BZX coin will be issued to the trader/traders. Once the amount of BZX is issued, the coin will be available for trading.

Bill Berg
Buzzex GA

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Re: [ANN] Buzzex Exchange Utility Coin - Up To 100% Discount

Wed Jan 23, 2019 2:29 am

Bonus Update

Bonus payout update. Total BZX purchased = 1,470,000. Bonus distributed last week = 188,000 BZX.

This is a life time bonus for all those that purchase BZX before the exchange launch. How much are you getting?

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Re: [ANN] Buzzex Exchange Utility Coin - Up To 100% Discount

Thu Jan 24, 2019 2:30 am

*** Buzzex Update January 23 ***

As we are approaching the last week of January, it’s time to have another update about development progress of The Buzzex Project along with some other interesting news.

First of all, we are happy to inform that we have a deadline as to when all development features will be completed. These include:

-> Bug Fixing
-> Servers Setup
-> Wallets Setup
-> First Batch Of Coins Integration
-> Automated Dividend Sharing
-> Stress Testing
-> Security Testing

This doesn’t mean we’ll already announce the exact launch date though as there are still some variables which can slightly delay the launch, even though we are confident halfway February is a deadline we can certainly reach to complete the things above.

In other words, we’ll only launch if we are 100% confident that the exchange is completely ready to open up to traders worldwide.

Now let’s take a closer look at what is still in store, along with other news and an exciting feature announcement which will set Buzzex even further apart from many other exchanges.

Bug Fixing And Ensuring Buzzex Is Ready

The two main items which can cause a slight delay are bug fixing and checking all details of every single feature of the exchange, this to ensure we have a completely bug-free platform the moment we launch. A lot of things have been reported by our beta testers and a lot of things have been fixed so far, so we are certainly making great progress in this area.

But as mentioned, we won’t even think about launching if we or our beta testers see something that needs to be fixed, hence we will refrain from providing an exact launch date, even though it’s 100% certain that Buzzex will launch within our timeline which is Q1 of 2019.

End Of Lifelong Bonus

We also want to inform you that the lifelong bonus for people buying Buzzex Coins will end 24 hours before we actually launch the exchange. This means that only people that buy BZX before this period will receive lifelong BZX coins every day for life!

At the moment, there still are about 530,000 BZX available at $0.05 (1.47 Million BZX sold so far), followed by 5 more batches of 600K BZX coins at an increasing price.

The lifelong bonus is a great way to earn 100% free passive income for life as we’ll share part of our staking rewards with people that support the project early on. More info about this bonus can be found here.

Buzzex Marketing Campaigns

During the pre-launch, we haven’t spend anything on paid promos yet. A lot of people have rightfully pointed out that marketing will be crucial in order to attract traders to the platform so they can benefit from the many features it has to offer.

We want to inform that all the funds that we don’t need for development, servers and other costs in our business will be used for marketing. Our paid marketing campaigns will start just before the platform launches to attract a lot of traders fast.

With only free marketing methods, Buzzex has attracted nearly 40,000 traders already. This doesn’t just mean that we know what we’re doing, but also shows that a lot of crypto enthusiasts are interested in our project setup. We are positive that this number will increase rapidly once we start using some of our budget (this will be ongoing after the platform launches) to promote Buzzex on targeted sites.

Buzzex Limited

Buzzex has been incorporated in the UK as “Buzzex Limited” with company number 11780976.

As there currently aren’t any clear regulations concerning crypto exchanges (which don’t allow fiat deposits and trading), we will take a pro-active approach in case this eventually happens.

-> AML: the HMRC informed us that they do not regulate cryptocurrency businesses so this registration is not needed at the moment.
-> Withdrawal Limits: We have a daily withdrawal limit of 2 BTC for non-KYC verified traders.
-> Data Protection: To ensure KYC data is protected, Buzzex will become a registered Data Controller with the Information Commissioner’s Office.
-> Close Regulation Monitoring: In order to stay compliant with new regulations, Buzzex will monitor new updates and act on them instantly whenever needed.

Buzzex API Integration Into Trading Bot

We are happy to inform that the Buzzex API will be integrated in one of the most popular trading bots on the market called Gekko.

Here you can find more information about this bot: Gekko Bot.

In short, Gekko is a bot that executes trades automatically based on data analysis. It comes with several pre-created strategies along with a big library of available strategies created by its users: Gekko Strategies.

This allows traders who create strategies to profit from the fluctuations in the crypto markets without actually having to do the trading themselves and (potentially) earn more than simply holding coins.

Since Gekko mainly focuses on technical people and experienced traders, we will also have a solution for this which will allow non-technical people to be able to trade using the bot on Buzzex. More info about this will be posted in a future update (this will be an exciting one).

Buzzex API Competition

Because we are building the foundation of an immensely scalable bot that can be used on the Buzzex platform, and which is used by thousands of traders already every single day, we will reserve part of the budget for our API competition for this angle as well.

It will consist out of 3 separate competitions in which anybody will be able to join:

Current Gekko Users
Gekko Strategy Developers
Non-Technical Solution To Use Gekko
We are still working out all the details for the 3 separate competitions, but it will be an amazing way to introduce traders to Buzzex, grow the overall volume on the exchange and allow anybody that holds coins to become a trader on the Buzzex platform!

PS: Our regular API competition will also launch, allowing traders to code their own bots and earn BZX coins.

Final Word

Our team is working extremely hard to present an amazing exchange for crypto enthusiasts and pro-traders alike. We are mere weeks away from a scheduled deadline, even though we won’t post a fixed launch date yet due to the complexity of some of the features we are still working on.

I think it’s good to end this update with the mention that everybody on the team is extremely optimistic, even though the crypto space is experiencing an immense bear market which doesn’t seem to end (any time soon).

Even if conditions stay like this, we are positive that we have everything needed to succeed!

The Buzzex Team

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Re: [ANN] Buzzex Exchange Utility Coin - Up To 100% Discount

Fri Jan 25, 2019 2:33 am

Contest Reminder

Now that we have a close timeline of when the exchange will launch, make sure to sign up and submit your guess for the average daily volume for the first 7 days. Closest guess receives 1,000,000 BZX. Worth $130,000.

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Re: [ANN] Buzzex Exchange Utility Coin - Up To 100% Discount

Tue Jan 29, 2019 2:16 am

Quick Launch Update

The Dev team has decided that there will be a few more beta testers to test the new exchange. The new testers will be chosen from a pool of members that have purchased BZX coins. It's a great idea to have a few more eyeballs on the platform. Everything needs to be perfect in order for Buzzex to become a great exchange.

Bill Berg
Buzzex GA

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Re: [ANN] Buzzex Exchange Utility Coin - Up To 100% Discount

Thu Feb 14, 2019 2:31 am

Life Time Bonus

The Buzzex exchange will launch very soon. When that happens, the chance at a life time bonus will end. The bonus is paid daily just for owning BZX coins. Purchase now before this offer ends.

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bill.berg
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Re: [ANN] Buzzex Exchange Utility Coin - Up To 100% Discount

Wed Feb 20, 2019 2:23 am

Feburary 19 Update Part 1

Today we have another update for the Buzzex community as we are moving forward with the pre-launch of the Buzzex Exchange.

It has been a bit quiet because we are all working so hard in the backend to ensure we deliver a high quality product and excellent service to our customers the moment we launch.

So withour further ado, let’s get started.

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!

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Re: [ANN] Buzzex Exchange Utility Coin - Up To 100% Discount

Wed Feb 20, 2019 11:45 pm

February 19 Update Part 2

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.

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Re: [ANN] Buzzex Exchange Utility Coin - Up To 100% Discount

Fri Feb 22, 2019 3:36 am

February 19 Update Part 3

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.

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Re: [ANN] Buzzex Exchange Utility Coin - Up To 100% Discount

Sat Feb 23, 2019 1:51 am

Feburary 19th Update Part 4

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: https://github.com/mrcrislainez/gekko

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.

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Re: [ANN] Buzzex Exchange Utility Coin - Up To 100% Discount

Sun Feb 24, 2019 3:07 am

February 19 Update Part 5

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.

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Re: [ANN] Buzzex Exchange Utility Coin - Up To 100% Discount

Fri Mar 01, 2019 7:10 pm

Feburary 28th Update A lot to read here. Make sure to take it all in.

In order for an exchange to be attractive to traders, it needs liquidity. We do understand that all the other aspects of the business need to be in place as well, such as security of funds, great support, fast trading etc. but in this post we’ll introduce our amazing feature which will ensure ever growing liquidity on Buzzex, and explain how it will open up doors for a unique feature that will set Buzzex further apart from the competition as well.

This feature is called The Global Order Book.

What we’ll do is integrate various liquidity sources, such as exchanges or liquidity providers, into our order book on Buzzex. This will ensure high liquidity and a full order book in all markets the moment the Buzzex platform opens its doors.

But that’s not our main goal. Our main goal is to create a platform that will benefit every trader that joins and trades on Buzzex.

In this post we’ll explain how the Buzzex Global Order Book works and how it will benefit traders with every trade they make on the Buzzex platform.

Buzzex Global Order Book mechanics

Every cryptocurrency exchange is an independent platform with its own order book. This also means liqidity is isolated on these platforms and the prices you pay for a certain coins on one platform always differs from the prices you pay for the coin on another.

The Buzzex Global Order Book aims to solve these issues by connecting all these isolated liquidity sources together into one order book, the Buzzex Global Order Book.

In other words, on Buzzex you’ll be able to trade on multiple exchanges from just one single platform and with just one account.

So how does the Global Order Book work?

First of all, it consists of 2 core aspects:

The Buzzex Order Book (our internal trading engine)
External Liquidity sources
With the Buzzex order book alone, Buzzex would be the same as any other exchange, an isolated liquidity source. Only orders that are matched inside its own trading engine would be executed.

By connecting to external liquidity sources, our matching engine can also execute orders from those sources.

Here’s how that works:

You place an order on Buzzex
Our system searches for a matching order on the Buzzex internal order book
If our system doesn’t detect a matching order on our internal order book, it searches for a matching order on multiple external exchanges
In real time, the order gets executed on one external exchange
Coins are instantly added to your Buzzex balance, just as if you would have traded the coins on our own internal order book
This setup is also referred to as “Smart Order Routing” in forex and stock markets and is described as follows on Wikipedia:

“Smart order routing (SOR) is an automated process of handling orders, aimed at taking the best available opportunity throughout a range of different trading venues.”

This setup turns Buzzex from an isolated liquidity source into a platform where you can leverage trades from multiple sources.

Buzzex Global Order Book Benefits

Now that the setup is clear, let’s take a look at the benefits it actually provides. But most importantly, this setup will benefit traders with every trade they make. (this will become very clear later on in this post)

Here’s an overview:

Get the best price to buy or sell a coin at any time
Prices differ every second on various exchanges. It’s impossible to monitor all exchanges, have coins in all these exchanges and execute the offer at the best price that particular time.

At any given moment, the price can vary from 0.1% to 3%+ to either buy or sell an asset! In Illiquid markets this can be even higher.

On Buzzex you’ll be able to leverage multiple sources of liquidity to always get the best price in case you directly want to buy or sell a coin.

Fast Execution Of Orders

If you trade on just one exchange and place a limit order, you depend on the amount of people that want to buy or sell that coin there.

The cryptocurrency market is highly volatile and it’s very likely that the market turns before your order is executed, or it only gets partially filled.

On Buzzex, your order will get executed from various sources, increasing the chances of it getting filled.

This can make a huge difference in making a lot of profits or not as the markets move up and down.

Trade more coins with high liquidity

With this setup, Buzzex can not only list just about any coin that trades on a reputable exchange, but it can also list coins and guarantee liquidity in the markets of that coin from day 1. This in addition to coins’ exclusive trading on Buzzex as Buzzex also has its own internal order book.

To give an example, at the moment of writing this post, if you trade on Binance you can not trade DOGE. Buzzex will list DOGE, have it’s own order book for the DOGE markets and connect to external DOGE markets as well.

Buzzex will allow traders to trade multiple assets without having to sign up, login and move assets to accounts on other exchanges. This can all be done from one platform where you can trade the exact same way.

Sell coins without crashing the price

Poor liquidity in even the biggest markets can’t be understimated in crypto. The market is still young and in full development, and even on the bigger exhanges it’s nearly impossible to buy or sell coins without having to buy or sell without going deep in the market.

If you want to sell 10 DASH, you need to sell half of your coins at a much lower price. Now imagine 10 or 20 traders wanting to sell a large number of DASH. It would instantly lower the price of DASH with a few Dollars.

Our ultimate goal is to ensure you can sell (or buy) relatively large orders at the market price in every market on Buzzex, without causing a price crash.

The Buzzex Ultimate Advantage

The Buzzex Global Order Book has multiple benefits for users, that’s pretty clear from what you have read so far.

Our ultimate goal is to make the Buzzex the number 1 exchange for every trader in the world.

We are aware that in order to compete we need:

Bank-grade security
Lightening speed execution of trades
World-Class customer support
Time to establish ourselves amongst other top exchanges
To create the ultimate advantage, we will develop a feature that will make us stand apart from all other exchanges in the world.

This feature is simply: Fee Cashback!

Fee Cashback Overview

A liquidity aggregator has the benefit of holding coins in multiple exchanges. These coins can be used to exploit price differences and make zero-risk profits, which will then be used to distribute to traders on the Buzzex Exchange.

Here’s how this will work:

Our system gets incoming data from external exchanges
In real-time it analyses this data to discover triangular price differences
When an opportunity is found, it executes 3 trades in real time on 1, 2 or even 3 different exchanges
Profits from this feature are distributed to traders on the Buzzex exchange based on their trading volume

This is not something anybody can do though because:

You need coins in all exchanges
You need to have massive data analysing capability
You need to execute the trades simultaneously in microseconds
You preferably need to have high volume in most exchanges in order to lower the fees you pay there and grow the number of opportunities to make profits

Buzzex will have the unfair advantage of not only having the infrastructure ready which perfectly suits this trading strategy, but will also have assets available in an evergrowing amount of exchanges to spot and execute profitable trades.

Benefit For Traders

Buzzex will keep 0% of profits made from this feature except to keep a reserve fund and to support resources needed to maintain and scale the system (server setup, developer salaries etc.). It’s 100% meant to give us an edge on our competition by being able to give a fee cashback to traders on our platform.

IMPORTANT: The reserve fund will be sent to a wallet for everybody to see. Even though we will only keep coins in reputable exchanges and spread them in small batches, these funds will be used in case of contingencies. This gives extra security to Buzzex members.

When this feature goes live, we will also create a dedicated page inside buzzex to not only show the profits made that particular day (which will be the amount of cashback sent to traders), but also every single trade made from our system.

So how will the fee cashback work?

Once a month a snapshot will be made from your account’s trading volume that particular month
The total profits are 100% distributed once a month to all traders based on how much they traded that month
Cashback is added to your wallet’s balance which can be traded or withdrawn at any time
So simply put: we will aim to recoup the trading fees you pay, and potentially allow you to even make a profit from trading on Buzzex!

That’s right, based on how much trading volume there was on Buzzex and how much profit our feature made that month, it’s even possible that instead of paying a fee as on any other platform you can actually earn by trading on Buzzex!

Here’s a quick calculation:

$1 Million Volume On Buzzex
$2,500 trading fees paid
10 profitable triangular trades made by Buzzex per hour of $50
$10,000 distributed to traders on Buzzex every day ($1200 goes to reserve fund the rest to maintenance cost)
You traded just over 1 BTC ($4,000) daily
You paid $480 in fees that month
You get $1200 Cashback that month making $720 profit!
The Buzzex Global Order book setup in combination with this triangular arbitrage feature will ensure Buzzex will become the number 1 place for traders to trade cryptocurrencies.

Benefit For Traders

Buzzex will keep 0% of profits made from this feature except to keep a reserve fund and to support resources needed to maintain and scale the system (server setup, developer salaries etc.). It’s 100% meant to give us an edge on our competition by being able to give a fee cashback to traders on our platform.

IMPORTANT: The reserve fund will be sent to a wallet for everybody to see. Even though we will only keep coins in reputable exchanges and spread them in small batches, these funds will be used in case of contingencies. This gives extra security to Buzzex members.

When this feature goes live, we will also create a dedicated page inside buzzex to not only show the profits made that particular day (which will be the amount of cashback sent to traders), but also every single trade made from our system.

So how will the fee cashback work?

Once a month a snapshot will be made from your account’s trading volume that particular month
The total profits are 100% distributed once a month to all traders based on how much they traded that month
Cashback is added to your wallet’s balance which can be traded or withdrawn at any time
So simply put: we will aim to recoup the trading fees you pay, and potentially allow you to even make a profit from trading on Buzzex!

That’s right, based on how much trading volume there was on Buzzex and how much profit our feature made that month, it’s even possible that instead of paying a fee as on any other platform you can actually earn by trading on Buzzex!

Here’s a quick calculation:

$1 Million Volume On Buzzex
$2,500 trading fees paid
10 profitable triangular trades made by Buzzex per hour of $50
$10,000 distributed to traders on Buzzex every day ($1200 goes to reserve fund the rest to maintenance cost)
You traded just over 1 BTC ($4,000) daily
You paid $480 in fees that month
You get $1200 Cashback that month making $720 profit!
The Buzzex Global Order book setup in combination with this triangular arbitrage feature will ensure Buzzex will become the number 1 place for traders to trade cryptocurrencies.

As you can see, there are a plethora of features that will give Buzzex an edge on its competitors. The Buzzex team will stay focused, ensure we have an excellent platform, provide excellent support and scale our business in such a way that Buzzex eventually becomes the ultimate place to trade cryptocurrencies.

That’s it for now, have a great day!

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Re: [ANN] Buzzex Exchange Utility Coin - Up To 100% Discount

Tue Mar 05, 2019 1:29 am

March 4th Update 87 ERC20 tokens added

Huge List Of ERC20 Tokens That Will Trade On Buzzex

This is just a simple update regarding a huge amount of ERC20 tokens that we will list on the Buzzex Platform the moment we go live. W initially planned to announce 90+ but after some more research came to 87.

The most important part of the update is the fact that all of these tokens will have initial liquidity the moment we launch, and increased liquidity as more and more traders join Buzzex.

Check out the list over at the Blog Post.

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Re: [ANN] Buzzex Exchange Utility Coin - Up To 100% Discount

Fri Mar 08, 2019 2:42 am

Quick Reminder

Only three weeks left to qualify for the Buzzex life time bonus. Once the exchange launches , the bonus will be gone forever. So far I received over 50k BZX coins.

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Re: [ANN] Buzzex Exchange Utility Coin - Up To 100% Discount

Fri Mar 08, 2019 7:21 pm

True Passive Income

Just look what Buzzex has to offer to anyone looking for passive income:

1. Dividend Payments
2. Periodic airdrop of dividend earning ERC20 tokens
3. Lifelong Daily Bonus
4. Masternode rewards
5. Staking rewards

Create an account today to take advantage of all these income streams.

buzzex.io

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Re: [ANN] Buzzex Exchange Utility Coin - Up To 100% Discount

Fri Mar 15, 2019 8:58 pm

We Have a Launch Date

We are so excited to update you that Buzzex will open its doors to traders on 28th Mar 2019!

This will be the day when traders can start earning Trans-Fee Mining Rewards and keep accumulating BuzzexCoin while they trade.

As you know BuzzexCoin can be used to, among other things
Trade without any fee
Earn Dividend Payments periodically
Earn Dividend Paying tokens periodically
Earn Masternode/Staking rewards
Hence, BuzzexCoin have a lot of utility and traders will automatically earn them while they trade during Trans-Fee Mining Period.

IMPORTANT: Members can earn Lifelong Bonus when buying BuzzexCoin during pre-launch. Since pre-launch is going to end soon, the offer is about to end too.
Do not miss the chance to secure your lifelong bonus. Visit your dashboard now!

Let's join the excitement and have fun!

Wish You Luck
The Buzzex Team!

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