Everything you need to know about Synchrobit Coin (SNB)

Synchrobit is a Peer-to-peer hybrid digital asset. The promising features of Synchrobit will make it a safe and easy to use the trading platform in the future. The current cryptocurrency market has hundreds of live digital assets. But trading platforms are frail hence hackers can user funds very easily. The users also complain about the difficulty of the interface of technology. So the synchrobit platform is considered a high potential digital product due to the gap in past cryptocurrency user experiences.

The official token of Synchrobit digital asset is Synchrobit coin (SNB) Token. The token will act as a monetary system of the digital asset. Users can get the benefit of the ERC-20 type token which has leading-edge smart deal functions in all upcoming platforms of Synchronium. SNB token will function as a primary payment system for all the fees and trading payments in the platform. Some of the exchanges that will accept SNB tokens are BTC Alpha, Livecoin, Coinsbit, and, CREX24. These are reputed exchanges for better liquidity and volumes. Major ETH decentralized exchanges will allow users to trade SNB tokens.

The Total number of the SNB will be 1 billion supplied in the market. Users can trade SNB token with zero fees in the Synchrobit platform. SNB token will support Ethereum ERC-20 tokens and ERC-20 smart contracts. The token jurisdiction is set within the United Kingdom and the Republic of Georgia. However, there are some restrictions of contributing to SNB initial coin offering (ICO) in the following countries: USA, Syria, Lebanon, Sudan, Pakistan, Myanmar, etc.

Synchrobit has designed a well balanced Initial Coin Offering (ICO) plan for the SNB tokens. Three rounds of ICO will be held for the crowd sale of SNB tokens. The first round ICO will be held on 1st August 2019 and the final round will be held on 28th December 2019. IEO or Initial Exchange Offering is also a prospectus way to launch coins in the market. The IEO of synchrobit coins will be announced before the final ICO round. As the safety of the user is a priority all the contributors need to go through the KYC procedure. The token listing will start from 1st January 2020. According to the ICO plan, the distribution of SNB tokens will be:

• Public Sales: 60%
• Company Reserve: 15%
• Team and Advisors: 10%
• Public Sales Bonuses: 9%
• Private Sales: 3%
• Pre-ICO Sales: 2%
• Airdrop, Bounty, and Promotions: 1%

Private ICO investors and pre-ICO holders will get 5% of the total supply. The private investors have to lock-in within the 24 month period. With a minimum of USD 1,000, users can buy Pre-ICO SNB tokens from 20th April 2019 to 20th July 2019. Each token buyer will get a bonus delivery in their platform within a set period. The minimum price is set 0.25 USD per token for the first and the second round. The third round token price is 0.35 USD.

Unlike the other platforms, the purchase process of the SNB tokens will be fast, simple, and user-friendly. To purchase buyers have to pass the KYC process, activate 2FA authentication, and other security procedures to find a fully automated experience. The best thing about SNB token is that a range of cryptocurrencies and fiat currencies are accepted in the purchasing process. The currencies are:

1. Fiat: USD, GBP, EURO;
2. Cryptocurrency: LTC, ZEC, XRP, TRX, BTC, BCH, ETH, and USDT (ERC-20).

I have covered all the basic aspects of the synchrobit tokens. We can hope the future success of this cryptocurrency due to the great initiatives taken by the talented team of Synchronium.