|Mkt.Cap||$ 13.51 M||Volume 24H||0.00000000 B2B|
|Market share||0%||Total Supply||19.82 M B2B|
|Proof type||N/A||Open||$ 0.68|
|Low||$ 0.68||High||$ 0.68|
Is B2BX A Scam?
Address for notification on change of payment status. If parameter is absent, primary address specified in connection settings is used. Product supply and procurement exchanges.
The document explains the goal of increasing of liquidity, but does not explain in detail how this will work. Transactions on both Bitcoin and Ethereum are slow, which means that I am assuming institutions will be managing a “pool” of cryptocurrency, as they would a commodity, and then allow trades off that pool while managing their exposure. Has an institution been found that will do this or are you expecting this to happen organically once you have the B2BX platform in place.
Bitcoin’s price increased after Jack Dorsey’s announcement
While the need to have a ERC20 token to raise funds is clear, the utility of the token is not that clear and needs further explanation. The whitepaper simply says that the token can be used to buy products and service from B2BX and potentially get a priority service.
Connections to multiple exchanges around the world is relatively easy, but unless there is a net zero flow to of funds to and from these exchanges, there will need to be a counter flow of fiat currency. There are costs involved in moving fiat currency and accounts and many exchanges are regulated, so who will own these and how will this work? The underlying mechanics of how this will work should be explained better so that brokerage firms can understand the implications.
It is easy to connect to multiple exchanges and to trading tools like MetaTrader and this should bring a lot of traction to the platform. So having these in phase one is the right move. It is critical to get licenses in different jurisdictions. These are long and expensive processes, but trying to get as many licenses in key jurisdiction is critical to further increase the acceptance of the B2BX platform.
Transaction statuses list:
I do think there needs to be a better description of the use of the token and how it will benefit token owners other than simple increase in value. Also, a more detailed process of how the liquidity would or could be created and managed should be included in the collateral sent to investors as the success of the B2BX platform hinges on this.
List of payment transactions in blockchain; Interest should be paid only to transaction field, which allows to request transaction in blockchain. I think that this is a great initiative and could be really successful. I think the technical design is very good and the vision of the platform to bring crypto currencies to the brokerage firms and banks will be a game changer.
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- These are long and expensive processes, but trying to get as many licenses in key jurisdiction is critical to further increase the acceptance of the B2BX platform.
- In order to overtake the predecessor Request Network (REQ), the price would have to rise to 0,530 € (+0,16 %).
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- B2BX is a cryptocurrency exchange aggregator designed to enable margin trading for institutional investors.
B2BX has a market capitalization of 8.723.588 €. This is a 0,004 % market share (dominance) of the entire crypto currency market, 0,01 % from Bitcoin (BTC) и 99,84 % from Request Network (REQ). In order to overtake the predecessor Request Network (REQ), the price would have to rise to 0,530 € (+0,16 %). For B2BX to become the number one global cryptocurrency and defeat Bitcoin (BTC), a minimum price of at least 9.216,820 € (+1.742.097,15 %) is necessary.
ZaaTrader: Invest in B2B
Founded in 2014, B2Broker led the first cryptocurrency exchange-aggregator for institutional clients (B2BX) based in Russia. Company provide cryptocurrency liquidity for brokers, stock exchanges, hedge funds and other institutional clients. To aggregate and distribute cryptocurrency liquidity through banks, hedge funds, liquidity providers, B2BX will be integrated with the largest ECN platform - Integral. For development of B2BX aggregator, it will be integrated with the most popular trading platforms, such as MetaTrader4, MetaTrader5, PrimeXM Trader, FX Inside, C-Trader through gateways, bridges and open APIs. B2BX is an aggregator of cryptocurrency liquidity for marginal trading, trading with physical delivery and distribution of liquidity to brokerage companies.
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Aims to provide cryptocurrency liquidity for brokers, stock exchanges, hedge funds and other institutional clients. B2BinPay® – all-in-one Crypto Payment Platform.
These are exchanges in which a company purchasing agent can shop for supplies from vendors, request proposals and, in some cases, bid to make a purchase at a desired price. Sometimes referred to as e-procurement sites, some serve a range of industries, while others focus on a niche market. B2BX reached its highest price on 14 December, 2017, when it was trading at its all-time high of $ 5.67. It has a circulating supply of 19.63M B2B.
B2BinPay allows any business to securely and cost-effectively Send, Receive, Store, Convert and Accept CryptoCurrency Payments Online. The default base currency is the dollar (USD). Whereas authorization is required to make the request, it is essential to provide temporary token in the HTTP-request header.
There is definitely a gap in the market for a product like this. At the moment, it is very difficult for traditional brokerage firms to easily trade in cryptocurrencies with traditional trading tools and within existing regulation. By building an exchange that connects to these tools and systems the B2BX platform will make this seamless.