An Introduction to SynchroBit™ Hybrid P2P Digital Assets Trading Platform

SynchroBit™ is a multi-purpose hybrid digital assets trading platform that enables trading of digital assets supporting Fiat as well as crypto assets. Founded by a group of international experts in digital asset trading, blockchain, finance, digital marketing and developers who have a holistic approach for developing an entire ecosystem for SYNCHRONIUM®, which will support a host of modules and functionality.

SynchroBit™ is one of the most significant projects under SYNCHRONIUM® umbrella. It is designed to provide an economic backbone to other modules and projects. It is a business environment that will be the engine of SynchroSphere™, the gamut of services bundled as an ecosystem. What makes SynchroBit™ special when compared to other blockchain projects is its unique consensus protocol, PoSync, which is revolutionary with the capability of serving 1,000,000 transactions per second when other blockchains are struggling to achieve thousands of transactions in a second. Being completely peer-to-peer, SynchroBit™ prevents market manipulation of any kind.

The Official Logo of SynchroBit™ on the SynchroBit Coin (SNB Token) Illustration

SynchroBit™ was born out of the need for security, integrity, integrated fund management features, lack of diversity of assets, liquidity and holistic trading platforms that can serve both Fiat and Crypto and still be easy to use for traders.

Some of the features that make this platform a whiff of fresh air in the crowded crypto trading market are:

Hybrid functionality

SynchroBit™ is a hybrid trading platform, which means it combines the benefits of a centralized trading exchange as well as a decentralized one (DEX). This solves the problems of speed, and clunky user interface in the DEX market as well as of high-trust and integrity in the centralized exchange market.

Diversified markets

SynchroBit™ markets will have high liquidity and diversity of assets. All the valuable digital assets can be traded on this unique platform. Diversity is built into the tech architecture of the platform providing users with enhanced liquidity, diversity of assets for high profitability, trading in global financial assets along with cryptocurrencies.

SynchroBit™ provides its users with more than 10 markets with diversified P2P pairs.

Diversity and simplicity

Platforms that provide diversity tend to be complicated and the ones that are easy-to-use cut down on flexibility and the range of options for trading. SynchroBit™ is one platform that is simple and easy to use but also provides diverse options for users to trade with. This combo makes it appealing for many expert traders.

Security

We have seen billions of dollars being stolen by hackers in exchanges across the world. SynchroBit™ takes its security seriously. They have built security in all the processes. With the use of high-tech latest tools and best in the world cybersecurity advisors and staff. The platform team also plans to collaborate with the users to help in identifying the areas of improvement.

Wallets Technology

SynchroBit™ has an impressive armor of wallets that were previously inaccessible for retail users. Their highly secure wallets are tamper-proof because they are hosted on asymmetric nodes on various blockchain networks. These wallets are decentralized wallets for crypto and Fiat.

Users can manage their wallets easily and create new crypto addresses in every 24 hours

They also have the cold-wallet option for the users. With multiple crypto addresses, the wallet’s complete control is with the user since no private keys are stored on SynchroBit™ servers. Current wallets are available for BTC, ETH, ERC Tokens, XLM, XRP, LTC, ZEC, USDT, BCH, USD, Euro, and GBP.

Ease of use

User experience is one of their key focus areas. Keeping in mind every kind of user, they have designed desktop and smartphone versions of the application. It is not only easier to use, but it is also smarter and faster. It has features that make the user’s lives very easy. Their Performance Analysis tool provides users with their key statistics on a simple dashboard. Public and private chatrooms that serve different purposes from sharing news to discussing ideas with friends and closed circle of traders.

Integrated Customer Service

The biggest complaint that traders have is the lack of support and service. With so much liquidity in the system, traders often require assistance to use the platform. The aspect of providing great service is lacking from most platforms today. SynchroBit™ aims to solve this problem by integrating customer service and support in the product design. The customer service plans will provide users with market insights, advanced analytics, account management and a host of other features.

The team will provide personalized customer service with agents working round the clock, every day of the year. To take it one step further, the support network is decentralized in numerous countries in their local languages. Users will be able to avail support via email, chat or phone making it very convenient for those on the go.

The platform is also committed to observing the Anti-Money laundering (AML) and Know Your Customer (KYC) norms of every jurisdiction that they operate in. Using AI, they make the trading experience more secure.

SNB token and ICO

SNB token is the fuel of the SYNCHRONIUM® ecosystem. Based on Ethereum’s popular blockchain, SNB is an ERC-20 token. This token will be the payment mechanism on all SYNCHRONIUM® platforms and apps and will be utilized for paying the trading fees. Those who hold SNB tokens will be allowed to trade without any fee on the SynchroBit™ platform. SNB token will be listed on some of the popular exchanges in the crypto world.

SNB Token ICO will continue in three rounds by 28 Dec 2019 on www.sontoken.io

The ICO is being conducted in three rounds starting from 1st August 2019. Every investor who contributes to the token must clear the SNB KYC process to be a legitimate investor.

SNB token will also be distributed through Initial Exchange Offering on partner exchanges. The token is priced at $0.20, $0.25 and $0.35 in the ICO offering.