May 29, 2018
C Ξ Y B I T Exchange will be Sri Lanka's first ever cryptocurrency exchange, introducing millions to the blockchain and cryptocurrency.
C Ξ Y B I T is an ambitious project planning to introduce, educate, facilitate and promote the use of Ceybits (CYBT). In order to achieve this vision, we are implementing a token utility model that will ensure the organic growth of CYBT overtime.
Our approach has been to link our platforms to the token, inherently, in such a manner that the revenues (transactions) and requirements of the platforms will drive the value of CYBT.
C Ξ Y B I T is building a world class exchange that buys back CYBT in real time from exchange fees. Once the exchange is rolled out we will be implementing a mobile wallet and payment gateway solution. These solutions will be tailored to make CYBT a diverse utility token.
Being the first and only exchange in Sri Lanka, Ceybit is in a unique position to take advantage of the current cryptocurrency demand that is present in the country (and globally) to maximize its value to jump start a new and unique token based economy.
By endeavouring to becoming a hands on, effective organization, Ceybit aims to expand its presence globally, educating and facilitating people to get connected to the blockchain.
The Ceybit Exchange; the exchange will be at the center of our services. It will be user-friendly using latest technologies with a mobile app and focused on meeting regulatory compliance. This exchange will support the Sri Lankan Rupee (LKR) to a number of cryptocurrency trading pairs. The exchange will be initially the primary focus of Ceybit’s operations. The Ceybit Mobile Wallet; the wallet will be equipped with a unique map providing users with location information of merchants using Ceybit tokens (CYBT). Token holders are then able to spend and trade CYBT and ETH for cash. The Merchant Gateway; the gateway solution will aim to partner with merchants in accepting CYBT and ETH as a payment option in order to simplify and improve the existing payment processor framework. It will be highly cost efficient and flexible. These platforms will fuel CYBT and its economy. Our goal is to drive the value of CYBTs overtime by providing it with a number of functions and utility. The token will be essential to all three solutions, allowing it and our technologies to grow and increase in value together simultaneously.
Attention. There is a risk that unverified members are not actually members of the team
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