VibraVid Inc. has revealed that the initial exchange offering (IEO) of their token BeatzCoin (BTZC) will be hosted on ProBit Exchange and will commence on September 30. ProBit is a global cryptocurrency exchange based in South Korea, with an easy and fast on-boarding process for international and US-based users via probit.com. The exchange boasts a quick and easy KYC process, order speed of over 1.5 million orders per second and advanced security, which supports hardware security keys and 2FA. ProBit also has one of the simplest user interfaces on the market, and the exchange only lists promising, qualified and deserving cryptocurrency projects.
Probit was chosen to host the BeatzCoin IEO following months of research and due diligence into hundreds of IEO exchange alternatives. The main reasons to partner up with Probit to launch our IEO are as follows:
Know Your Customer (KYC) requirements are essential for us at BeatzCoin for participants in our IEO. ProBit’s quick and simple process ensures that new ProBit members aiming to participate in BeatzCoin’s IEO are processed and approved in around 24 hours after submitting the required documents.
Additionally, ProBit’s strict Anti-Money Laundering (AML) policy and the fact that it is a regulated exchange operating in one of the most friendly government environments towards the crypto and blockchain industry, namely South Korea, further underscores our reasoning of choosing ProBit for our IEO.
ProBit stores 95% or more of digital assets in a cold wallet. Offline storage, or cold storage, provides the best method against security breach or theft. The strongest encryption algorithm is used to store data. Privacy information and wallets’ private keys are encrypted multiple times.
ProBit also supports FIDO U2F hardware security keys and software-based 2FA like Google Authenticator. The ProBit platform is protected against various malicious attacks such as SQL injection, cross site scripting and DDoS.
ProBit Exchange provides users with an intuitive and simple to use interface and trading experience. The trading and IEO interface is powerful for professional traders, while being easy to use for beginners. The dashboard is modular and the layout can be reorganized depending on the preference of the trader to emphasize the most relevant information to the user.
ProBit supports global trading and IEO exchange for Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Litecoin (LTC), TRON (TRX) and more than 150 other coins and tokens. The exchange currently boasts 271 trading pairs.
By offering a simple and quick on-boarding process for international and global users via probit.com, and domestic Korean users via probit.kr, the platform has one of the fastest growing user bases among cryptocurrency exchanges today. The ProBit platform is active 24/7 and provides multi-language customer support to accommodate traders globally.
ProBit has rightfully gained a reputation for being a highly successful IEO Launchpad, and the reviews from both IEO projects as well as users of the platform are impressive. For instance, icoholder.com ranked ProBit Launchpad as 3rd best IEO platform when listing the world’s Top 25 IEO exchanges this year.
Meanwhile, coin360.com wrote an article in June 2019 dubbed ‘5 Major IEO Platforms: a Comparison’, where ProBit was named as one of the Top 5 IEO platforms. ProBit was crowned Top 5 alongside industry leaders Binance Launchpad, Huobi Prime, Coineal Launchpad and Coinbene MoonBase.
BeatzCoin (BTZC) is the TRC-10 cryptocurrency used to transact on the VibraVid platform. VibraVid is a decentralized media sharing platform built on the TRON blockchain that aims to become a decentralized answer to industry video giants like YouTube and music apps like SoundCloud. The platform transforms how consumers interact with digital content through the use of cryptocurrency.
VibraVid’s new economic peer-2-peer model significantly increases the revenue for artists and content creators by awarding them with 95% of the revenues from their sales while rewarding viewers for listening and watching content through bounties.
BeatzCoin is currently the second highest ranked Super Representative (SR) on the TRON blockchain, with more than 470 million TRX in community votes, representing roughly 5,5% of all votes in the SR-elections. The platform will deliver content directly from creators to users, thereby eliminating the presence of intermediaries in the form of record companies and middlemen.
By introducing a new peer-2-peer economy in the music and content sharing industry, VibraVid will greatly benefit both artists and viewers. VibraVid’s ultimate goal is to upend the media sharing industry by enabling self marketing and user engagement. BeatzCoin has recently partnered with Changelly to allow easy on/off ramp for users holding all major cryptocurrencies as well as Ellipal Hardware wallet to increase user security on VibraVid.
Stay tuned for more details on the price of BeatzCoin’s IEO on ProBit, rounds and exact times for each round. The first round commences on September 30. Meanwhile, please sign up for an account on probit.com and complete their simple and fast KYC process in order to participate in our IEO.
ProBit Global: www.probit.com
ProBit Korea: www.probit.kr
ProBit Telegram: t.me/ProbitEnglish
ProBit Twitter: twitter.com/ProBit_Exchange
BeatzCoin Website: BeatzCoin.io
BeatzCoin Telegram: t.me/beatzcoin1002413
BeatzCoin Twitter: twitter.com/BeatzCoin
Disclosure: This is a sponsored press release