Is it worth investing? In-depth analysis of investments in SynchroBit Hybrid Exchnge (SNB) IEO

By Squidy analysis | Lisra_99 | 31 Dec 2019

Cryptocurrency Exchange is the main platform for crypto trading. Generally, crypto exchange is divided into three types namely Centralized exchange, Decentralized exchange, and Hybrid Exchange exchange. The hybrid crypto exchange is a combination of centralized and decentralized exchange. this type is based on liquidity and functional as well as security and confidentiality on the platform.

Hybrid crypto exchange brings together the benefits of a centralized and decentralized exchange. and this article will analyze one of the hybrid crypto exchanges, the SynchroBit Hybrid Exchange.

What is SynchroBit
SynchroBit is a platform Hybrid P2P exchange cryptocurrency exchange, this business trades various commodity commodities such as cryptocurrency, energy, metals, commodities, and others with major crypto and Fiat.

SynchroBit foam is developed by professionals and is intended for professional trading, but is also designed to be easy for use by novice traders. Also, this exchange is equipped with superior and exclusive features for trading experience and minimizing risk and maximizing ROI, such features include:

Portfolio Allocation Manager program (PAPM), is a feature that allows professional traders to manage large funds, expand for opilio, and generate profits for their clients.
Analyze user experience based on feedback
AI of SYNCHRONIUM, which allows users to minimize risk and maximize user ROI.
Provide in-depth market insights and data analysis
HyperTX, a special feature of SynchroBit to handle 1 million TXP on SynchroNet.

Source: whitepaper

Main advantages of SynchroBit

Source: whitepaper

SynchroBit Business Model
Business Standards
SynchroBit is not only a trading platform, but also bridges the profits of the Blockchain and Cryptocurrency businesses.
SNB Token users and SynchroBit users can participate in voting events and benefit from our partnership programs with exchanges and other businesses.

Also, SynchroBit users have access to managers through the support system and AMA events.

Targeted Marketing and Customers
The SynchroBit Exchange will focus on marketing in the Middle East, North Africa, Russia, CIS and Central Asia, South America, and South Asia regions. Also, SynchroBit will develop marketing in Europe, Japan, Korea, and China.

The target customers are aged between 20 to 35 years. With details of professional traders and beginners who are active every day with Spot, Margin and Futures models.

Source: whitepaper

SynchroBit Coin (SNB Token)
SNB Is their original token, this token functioned as the main financial system on the SynchroBit platform. SNDB Token is built from Ethereum ERC-20 technology, this token can later be used as payment options, trade costs, and others and will be integrated with their partner platforms.

Token Information
Name: SynchroBit Token (SNB)
Type: Ethereum ERC-20
Total supply: 1,000,000,000
Address: 0x179E31FB25E433441a2839389A7b8EC9c4654b7B

SNB Benefits
1. Can participate in community voting, 1 SNB per vote
2. SNB can operate throughout the SynchroBit ecosystem and partner platforms
3. Trade and pay fees with SNB will get a discount
4. SNB can be purchased with Fiat currencies on partner platforms such as ZPay, IndiaCoin, and others.

Schedule Burning Tokens
Token burning is intended to control the supply of crypto tokens on the market. SNB that were burned included 50% unsold tokens from ICO & ICEO and 5% from company reserves

Source: whitepaper

Social Media Activity

Critic Reviews
Many critics consider this project to have a strong team, a solid vision, a good MPV prototype, and a project idea that includes many commodities.
However, some also criticized the highly rated HardCap and some technical issues such as the registration system that was not functioning.

Conclusion
SynchroBit Hybrid Exchange is said to be a very interesting project, this project is even reviewed by several magazines or business sites such as YAHOO Finance, Forbes and others. Also, this project has a lot of support and positive responses from various groups.

This project is also considered to have a better idea than existing competitors and has a fairly high fan base. In my opinion, if seen from the above analysis, this project is worth investing in.

MPV prototype: https://synchrobit.io/
ICO / IEO Site: https://www.snbtoken.io/#ieo-info
Whitepaper: https://snbtoken.io/wp.pdf

Cryptocurrency Cryptocurrency Exchanges crypto investment popular initial exchange offering

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