Hybrid block is a unique multifaceted cryptocurrency exchange ecosystem designed for various levels of users. When it comes alive, this is going to be one of the most complex cryptocurrency exchange projects around.
According to the plan, it is tailored to cater for the needs of new as well as advanced traders all on the same platform. Experts will have access to some of the most advanced trading tools available. The focus is to give each user a unique individualised experience according to their needs.
Testing started December 2017.
For this reason, the platform provides three unique products; Base Trade, Hybrid Central, HybridExchange and HybridTrade all designed to meet specific needs of the growing cryptocurrency community.
BaseTrade: This provides much of the functionality of the common cryptocurrency exchanges like Coinbase. BaseTrade contains a wallet and a platform for buying and selling cryptocurrencies.
Perhaps, the most unique feature is that each country will have the option of funding the account with the local fiat currency.
BaseTrade will launch April 2018.
Hybrid Exchange: This is specifically built to provide liquidity to traders. This will have a full order for and available currency pairs. But the outstanding feature is that you will have access to major cryptocurrency exchanges like Bittrex from its interface.
This is possible with the Hybrid Terminal which connects through partners’ API’s.
Another unique feature is the HybridFX, a stable coin similar to Tether for Bitfinex that will be pegged on the local currency.
Of course there is the HybridWallet for storing your coins and HybridFX.
Hybrid FX tokens complement HYB by providing remittance and forex solutions to users.
HybridExchange Beta is scheduled to launch April 2018.
HybridCentral: This is specifically tailored for newbies who are just learning about trading cryptocurrencies. The application will have easy to follow education modules. Through a gamified approach, users get to learn about blockchain and acquire trading skills.
HybridTrade: HybridExchange is a cryptocurrency trading terminal for advanced traders and institutions. HybridExchange links directly to other exchanges to provide live price feeds for the ultimate trading experience. This means that traders can trade from one single account.
Investment on the Hybrid Block platform is done by purchasing the Hybrid tokens The token sale starts March 15 and ends on March 22, 2018. US and Chinese citizens are however barred from participating.
The local coin for the platform is known as the Hybrid token (ticker HYB). This will be used for payments within the platform including participating in ICOs launched on the platform. This can also include purchasing content from the HybridAcademy.
The HYB token will also be available for trading in other exchanges. The value of the HYB token will naturally grow in tandem with the volume of transactions on the network.
Buyers can now get at handsome 33% discount on their purchases. 1 HYB token goes for US$0.30.
Apollo Ohno, an 8-time Olympic champion is one of the co-founders. The investor also co-founded Quantum Block Capital.
- Ticker: HYB
- Fundraising Goal: $50,000,000
- Discount: 33% during presale period
- Total cap: 1,000,000,000
- Available for Token Sale: 53%