AMA Satoshi Club x Kyrrex, April 29th

We are pleased to announce our next AMA on April 29th, 2022 at 03:00 PM UTC Time: Satoshi Club x Kyrrex Voice AMA

⚠️Click to see the hour
⚠️Total Reward pool: $500

⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join Kyrrex Telegram group

We will have the following structure:

Part 1: 100$ /6 users – We’ll select 6 questions from the community. A user can post maximum 3 questions.

Part 2: 100$/10 users – Open chat for 120 seconds. You can post Max 3 questions. Kyrrex Team will select 10 questions and answer them.

Part 3: 300$ – A quiz about Kyrrex

For more details:
Kyrrex Website – kyrrex.com
Kyrrex Telegram – @kyrrex_official_en
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish

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Essence
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Essence

I learnt KYRREX signed partnership with the Pramac Racing, Please could you share with us enthusiasts what KYRREX signed partnership with Pramac Racing will add to the KYRREX ecosystem? KYRREX TOKEN I read enjoy discounted trade commissions and other benefits with KYRREX native token. What per cent of discount trade commissions are to be enjoy on KRRX Token? What would one do in KYRREX ecosystem to enjoy this trade discount commissions on KRRX Token? Please tell us. Lastly, Could you equally share with us other benefits with KYRREX native Token? Thanks

Telegram Username
@Billz120
UncleStrange1
Guest
UncleStrange1

Hello Kyrrex team,

I understand that there are many ways in which Kyrrex Crypto Exchange generates revenue some of them that caught my attention are:Account service fee, Shortlist program, Listing fees for new tokens on the exchange. Can you please elaborate on how you generate revenues from each of the listed? Can you tell me about the shortlist program of Kyrrex Crypto exchange? Also, how much does it cost to list a new token in the Kyrrex platform? What are the processes provided to ensure that good projects are listed in your platform? Thank you.

Telegram Username
@UncleStrange1
UncleStrange1
Guest
UncleStrange1

For successful account verification and further use of the platform, users have to complete an online questionnaire and submit supporting documentation. Kyrrex Crypto Exchange charges a fixed flat spot trading fee depending on the user’s 30-days trading volume. Also, users who have successfully passed verification on the exchange will be credited with 20 KRRX tokens. I would like to know, what are the types of supporting documents needed for the account verification? How long does the verification process take? Can you show us an example on how the spot trading fees is calculated? Will it be charged at the end… Read more »

Telegram Username
@UncleStrange1
Jmagsss
Guest
Jmagsss

Kyrrex have developed and launched various products on its platform most notably its Liquidity Hub, the OTC Platform and Wallet and its main crypto exchange platform. Kyrrex certainly did not disappoint its users. However, I think what most users are excited about is Kyrrex’s three upcoming product which are the “Banking”, “Tokenization Platform” and the “Crypto Merchant Platform”. With this being said, would you please elaborate and discuss with us the features and utilities of each of these three anticipated features on your platform? What will be their concept and structure and how can users get involved and benefit from… Read more »

Telegram Username
@Jmagsss
Jmagsss
Guest
Jmagsss

Upon researching your project, specifically on the details regarding your token, I’ve found out that the $KRRX token is deployed under the Tron blockchain and uses the TRC-20 standard token protocol. Firstly, may I ask why have you decided to code, develop and launch your token under the Tron blockchain? Second, will the Tron network be the only blockchain to be used for you token or will your team consider integrating it into other blockchains making it a multi-chain token? Lastly, being a centralized crypto exchange in nature, do you and your team have any plans on developing your project’s… Read more »

Telegram Username
@Jmagsss
Jmagsss
Guest
Jmagsss

I fully understood that Kyrrex is still on its early stages. Hence, I noticed that your crypto exchange platform only offers spot trading for the users. Will this be always the case or do you still have plans to expand and add more trading products in your platform such as derivatives trading and margin? On top of that, do you also have plans on integrating your platform with NFT utilities such as an NFT marketplace in the future? Are these part of Kyrrex future plans ahead?

Telegram Username
@Jmagsss
Grace
Guest
Grace

Kyrrex is a global investing, payment and financial ecosystem that bridges the gap between banking and crypto through the provision of a comprehensive set of products and services. How do Kyrrex bridge this gap between banking and crypto? What measures have you put in place to ensure that this gap is efficiently bridged? What are the set of products and services you provide to people? Security is one of the top priorities when creating blockchain projects. I understand that you have adopted a high level of security based on hybrid cryptographic encryption methods. Can you educate us more about the… Read more »

Telegram Username
@GracieEne
Grace
Guest
Grace

After studying your documentation, I realized that users can earn more than 50% on commissions via your referral program. Can you give us more details about your referral program? How can I join the referral program? Is there a minimum number of people users can refer? Will referred users also earn commissions? I would like to know how the reward system for your referral is like and how users will get their entitled commissions after each successful referral?

Telegram Username
@GracieEne
Grace
Guest
Grace

KRRX is said to be Kyrrex ecosystem’s utility token which offers a seamless way to interact with services and functions within the Kyrrex network. All KRRX holders will get to enjoy reduced fees, staking rewards and other exclusive benefits. With regards to staking, what are your staking protocols and what is the minimum period KRRX holders can stake KRRX token to earn rewards? What kind of discounts will KRRX holders enjoy? What other exclusive benefits will KRRX holders have upon staking?

Telegram Username
@GracieEne
Avalanch
Guest
Avalanch

About your Charity Foundation.
It Came to understand that Kyrrex Currently have a Charitable Foundation, which gave financial help to Ukrainians, who have been courageously fighting for their freedom and resisting the criminal war of the russians, which this funds helped the brave Ukrainian paratrooper defenders received the necessary modern ammunition to protect their homeland. this is a really Honorable and Noble Path from your Platform. I would like to know how this Foundation is funded and how members of your community can donate to this Foundation.

Telegram Username
@avagohard
Avalanch
Guest
Avalanch

I read that Ukrainians from all over the country still require help and financial support. And Kyrrex focuses on this and donates raised funds to various charities for social needs and Ukrainian defenders. Can you tell us the Steps that members of your community can take to donate to this Foundation rightly? Due to the amount of Scammers taking advantage of the War, kindly share or provide important links that these donations could be properly raised. Apart from the Ukrainians, is there other regions that your foundations also raises funds for? God bless your Honourable works.

Telegram Username
@avagohard
Nansel
Guest
Nansel

Kyrrex as the first crypto bank takes the initiative of financial inclusivity to a whole new level. When ever the word bank is used the first thing that comes to my mind is a financial institutions that provides services which are always centralised. Can you explain to us the difference between Kyrrex and traditional bank? Can you enlighten us on how Kyrrex decentralized bank works and it consensus mechanism? Also we all know that Banks are institutions responsible for operating a payment system, providing loans, taking deposits, and helping with investments.Can you explain in summary the services Kyrrex provides and… Read more »

Telegram Username
@Neilselin
Nansel
Guest
Nansel

It was stated on your website that Kyrrex have the best spreads on the market that will be comfortable to work with, which is a welcome innovation that will help to solve the entry barrier problem . Kyrrex stand against high slippage periods, consistently improving the trading platform. Does Kyrrex spread fee varies based on a user location, payment method, and other factors or it is fixed? The spread for cryptocurrency sales and purchases is approximately 0.5%, Could you please tell us the estimate of the spread on Kyrrex? Can elaborate on the mechanism set in place in Kyrrex to… Read more »

Telegram Username
@Neilselin
GoC
Guest
GoC

Hello, Kyrrex team.
The description of your project says that all the initial rounds of token purchases have already been carried out. And now, as I see it, is a great moment to enter the ecosystem, since the price is very attractive, especially considering the interest rates for staking. I had a question, what was the value of the tokens at the private funding round? what are the conditions for the token unlock for the participants of the private round? Which funds participated in the private round?

Telegram Username
@ghostofcharmeleon
GoC
Guest
GoC

Hello, Kyrrex team.
The description of your project says that the Trade Ideas functionality will be launched in the first quarter of 2022. Unfortunately, I could not find this functionality, perhaps I am inattentive. Can you tell me if it has already been implemented? What conditions must be met to provide your strategy for the community?

Telegram Username
@ghostofcharmeleon
GoC
Guest
GoC

Hello, Kyrrex team.
The description of your project says that the functionality in the fourth quarter of 2022 you are preparing to launch online banking. Please tell us, will it be a full-fledged banking with physical payment cards? Will it be possible to use this banking to make a virtual card for payment around the world and in online stores around the world? And most importantly, will this bank support fiat or exclusively cryptocurrencies? Will it be possible to instantly pay with stablecoins from your account with automatic conversion to fiat?

Telegram Username
@ghostofcharmeleon
Victoria
Guest
Victoria

A feature was expected to be launched on this project in Q1 2022 called the SOCIAL TRADING. It was mentioned that upon launched of the trade idea, users will be enabled to subscribed and follow other traders, and after paying for the service in FIAT, crypto or KRRX token, the followed trader will receive the entire monthly fee from the user that follows them in the respective currency. I find this quite interesting but kinda confused of how it actually works. Can you expantiate more on the SOCIAL TRADING? Of what what purpose or reason should a trader follow another… Read more »

Telegram Username
@UniqueVicky
J'mapelle
Guest
J'mapelle

Exciting features were set to be implemented into the platform in Q1 2022 which I’m sure they are fully launched already. I found the “Multi-account management(MAM)” and the “Referral program” . In the MAM you said investors who agree to pay fee on the profit they made in KRRX token Will be able to receive a 10% discount on the amount on the payment for the services of a Manager(trader) and Managers(traders) who agree to accept a reward from investors in KRRX will receive an additional bonus of 10% discount from the investors reward.can you please explain more because it… Read more »

Telegram Username
@Trellion
Fortune
Guest
Fortune

Kyrrex have the best spread liquidity in the market that users will be comfortable to work with.And I know that liquidity can vastly change under different market condition, like financial crisis can have an impact on liquidity and this can cause market players to cover up their financial obligations. Judging from this,if liquidity change under different market condition,what role will Kyrrex put in place to make users comfortable?And how can users evaluate your liquidity position? please kindly explain.

Telegram Username
@Gaddijoe
Victoria
Guest
Victoria

Kindly talk on Kyrrex Exchange Deposit program, this is more like staking features. You said users, investors And companies can place their funds on deposit in 4 Cryptocurrencies BTC, ETH, USDT and KRRX token for 30,90,180 and 360 day with fixed APY on the days. I find out that depositing funds in KRRX token has more APY than the others followed by USDT, ETH and BTC. Can you kindly tell us the requirements that is involved in taking part in the kyrrex exchange deposit program? Is there a probability that the APY could increase at anytime? Can we remove our… Read more »

Telegram Username
@UniqueVicky
J'mapelle
Guest
J'mapelle

I am so interested in kyrrex crypto wallet, looking at the features it looks more like the other walletswe know such as trust wallet and metamask, already in love with the project I will like to have this wallet. Can you tell us what are the Main competition advantages of kyrrex crypto wallet against other popular wallets? How does it protect our assets from third parties who attempt to gain unauthorize access to the wallet? How can we get the wallet? Is it available for download on appstore?

Telegram Username
@Trellion
Fortune
Guest
Fortune

Securing users fund,is one of Kyrrex main priority and several levels of protection have been developed using the most reliable and effective security technologies.How reliable is your security technology and where are users funds stored?does your security technology inculde General Data Protection Regulation,(GDPR) ?will is there any partnership with any security platform? Funds are very important and users are concerned about the safety of funds, please enlightened users more on your security measures thanks.

Telegram Username
@Gaddijoe
Mudara
Guest
Mudara

I read that traders can save up to 50% on fees by holding $KRRX. To receive this discount, should users pay trading fees with $KRRX? Is there a minimum holding amount or is it enough to hold the amount that is required to pay the fee? For example, If I perform a trade and the fee is 50 $KRRX, is it enough to hold 51 $KRRX? What if I hold less than 50 $KRRX? Can you clearly explain about this offer? Currently, there is an offer on Binance not to charge a trading fee for BUSD pairs. Won’t you introduce… Read more »

Telegram Username
@MudaraSilva
Mudara
Guest
Mudara

You will be introducing “Banking” feature within Kyrrex Ecosystem. Please give a sneak peek of this interface. Which type of features will be available? Will you offer deposits, loans and cards? With introducing this feature, will your Ecosystem be regulated by an institution? In short, will this feature work as a traditional bank? If yes, why should we prefer Kyrrex rather than investing our funds in existing banks?

Telegram Username
@MudaraSilva
Mudara
Guest
Mudara

I wish to know more information on your Earn Program. According to the description, users get 10%, 20%, and 30% from their first, second, and third referrals even when they are not staking $KRRX. Does this mean that anyone can use your Earn Program as a method of earning funds without any investment? How do you prevent users from creating multiple accounts and misusing the system? Does “second referral” mean that “referral of the first refferal” or “second referral within the first circle”?

Telegram Username
@MudaraSilva
Rotoxy
Guest
Rotoxy

Ukrainians have been courageously fighting to resist the criminal war of the Russia and thousands of brave soldiers have been passionately defending the integrity of their country. I find it heartwarming when I learnt that Kyrrex Charitable Foundation were able to raise funds which you donated to Military Unit A1134. Can you tell us about this event and how Kyrrex Charitable Foundation is touching lives? Since there are many childrens and citizens still trapped and need support in this difficult time, How can users of your exchange be part of the foundation and how can they contribute to fund raising… Read more »

Telegram Username
@Rotoxy
Miriam Michael
Guest
Miriam Michael

Hello Kyrrex Team.Nice to see you again !!!! On October 28 2021,you had an AMA session with our community,and its nice to have you here once again.My question is about the licence Kyrrex guest made mentioned of during that AMA,that you are at final stage of getting license from Malta.So far how successful was it,can you share with us?It was also said that you were in process of getting license with USA, Singapore , India and Turkey.Have you already started the process and what stage are you currently at?It’s been 6 months now,what challenges have you faced as you continue… Read more »

Telegram Username
@Cheriemike
Miriam Michael
Guest
Miriam Michael

Hello Kyrrex Team!!! I want to use this medium to commend you for your support towards Ukrainias.I read that Kyrrex focuses on this and donates raised funds to various charities for social needs and Ukrainian defenders.You gave financial help from the Kyrrex Charitable Foundation to the Navigator Charity Foundation and Military Unit A1134.So I will like to asked,was the Kyrrex Charitable Foundation specifically made to support Ukrainians or will this be permanent to support countries/entities that needs support?If Kyrrex community feel inclined/moved to make their own donations since the war is still on going,how can they do that?Can users access… Read more »

Telegram Username
@Cheriemike
John
Guest
John

The last time when you came here in October last year, you talked about the planned release of your mobile app. You finally released the Mobile app in March this year. I tried to download the app out of excitement in order to walk round its feature and see if I can link the account I created on Kyrrex bot with the app. Unfortunately, despite the fact that I already have an account, I was told that this app is not available for download in my country, Can you explain why this is so and why this app is not… Read more »

Telegram Username
@Highpee
John
Guest
John

I read that you provide a form of incubator support and financial aid to athletes that are talented but may not have the financial wherewithal to live out their dream to reality. Can you talk about how you make this possible and how you ensure that no talented prodigy will fail to succeed as a result of lack of fund? How can talented users apply for this type of supports and how do you evaluate their talents to be certain of their potential before final contracts are signed and fund release to them? Also, is this support opportunity limited to… Read more »

Telegram Username
@Highpee
John
Guest
John

I read from your blog where you outlined the benefits of NFTs and how you explained why users should invest in it. I scan through your roadmap and I cant find any NFTs related features. What plans do you have with regards to NFTs and the introduction of NFT related features into Kyrrex ecosystem? When do you plan to launch your own NFT collections or possibly create your own NFT marketplace? In addition, your roadmap ended with plan product up to Q1/2022. Can you tell us of your Kyrrex milestones, current project focus and whether there will be new roadmap… Read more »

Telegram Username
@Highpee
Marian
Guest
Marian

One thing that caught my attention while reading about Kyrrex, is that the platform is designed to serve to two different kinds of users; “regular” or “personal” clients, and “business” clients. So, having that in mind, can you tell us more about how the services you offer to users vary depending from what kind of client is requesting them? What will exactly be different from the services to offer to “personal” accounts from those you offer to “business” accounts? Also, how can someone request having a business account if what it needs are the services you offer to those kinds… Read more »

Telegram Username
@meml97
Miriam Michael
Guest
Miriam Michael

Hello Kyrrex Team!!!! Many exchanges with low operational trade turnover and liquidity shortage are at risk of lacking competitive advantages and clients loyalty but Kyrrex software solution allows users to ensure complete overlap of transactions for any crypto asset,performs matching and balancing between accounts of all clients.So how does Kyrrex”Liquidity HUB” come into play in solving all the solution mentioned above and what are the main features of this HUB?Can other entities or companies be able to apply your Liquidity HUB in their system?What is the normal range/percent of liquidity from users can your “Liquidity HUB” carry?Please tell us,what are… Read more »

Telegram Username
@Cheriemike
Marian
Guest
Marian

I saw that one of the products that Kyrrex offers to it’s clients is “Liquidity Hub”, which is a Software solution that is meant to be used by businesses for their growth and development. Having that in mind, can you tell us more about this Liquidity Hub product and how does it exactly work? How can the Liquidity Hub help businesses with their growth and development? On what kind of situations is this product meant to be used and for what kind of problems does the Liquidity Hub provide a solution for? Also, what kind of businesses can use Kyrrex’s… Read more »

Telegram Username
@meml97
Anna
Guest
Anna

You state that as a global investing, payment, and financial ecosystem, Kyrrex bridges the gap between banking and crypto through the provision of a comprehensive set of products and services, aimed at everyone, everywhere. We can see that Kyrrex already proposes a set of services like Crypro Exchange, Liquidity HUB and OTC Platform and Wallet and still awaits the arrival of Crypto Merchant, Banking and Tokenization Platform. So, please share the main ideas of each of the product. What makes them special and why? Will you bring a specific principles to your banking? Thank you!

Telegram Username
@Anne_Tim
Anna
Guest
Anna

One of the upcoming features of Kyrrex is MAM – a platform where traders and investors will be able to interact between each other. What is the final goal of adding this feature? Will it built as one more social platform? Will these additional add-ons be added for free to existing users? Or for token holders only? Thank you.

Telegram Username
@Anne_Tim
Rozie
Guest
Rozie

I noticed there are features like Kyrrex OTC Platform and Wallet, Kyrrex Crypto OTC serves as secure, and convenient ways for buying and selling digital assets at fixed rates to traders and The Kyrrex Crypto Wallet is a multicurrency wallet for purchasing, selling and storing crypto and fiat currencies. Can you elaborate more on the Kyrrex OTC platform and Wallets? What are the key features and how can users benefit from using them? Since the Involve buying, selling, storing of user assets and more, How do you ensure that users Assets are safe and Secure? What are your security strategies?… Read more »

Telegram Username
@Rozielyna
Rozie
Guest
Rozie

One of the distinct Features of Kyrrex is its Native Token $KRRX with utilities and use cases across all Kyrrex Products And Token holders are also eligible for a wide range of extra benefits. Do you mind sharing with us some of the features, utilities and use cases of the $KRRX token on Kyrrex ecosystem? What are the benefits /advantages holders of $KRRX token enjoy? How do you intend to increase the value of your token and attract more investors buy $KXXR token? I noticed that There is a bonus program for users who use the Kyrrex Crypto exchange platform,… Read more »

Telegram Username
@Rozielyna
Rozie
Guest
Rozie

I notice that Kyrrex has a referral program where users can stake their KRRX holdings and refer new users to Kyrrex Ecosystem. Please do explain more on the Referral Program and How it works? What is the minimum and Maximum users can stake KRRX to join the referral program?, what are the other Criteria/ requirements to join the program? What is the minimum a User can refer before they can be rewarded? How is your referral program reward system like, what are the incentives for both Referee and the refered ?

Telegram Username
@Rozielyna
Jesus Freites
Guest
Jesus Freites

You have recently announced that Binance Coin (BNB) has been added to the Kyrrex platform. This is a big step they have taken so far. Regarding this topic, my question is, what impact will this new BNB listing generate within the trade that Kyrrex has built? Why have they decided to add this coin to their system and how will it generate benefits to their tarders in the long run?

Telegram Username
@JesusFre1tes
Jesus Freites
Guest
Jesus Freites

I read that the Estonian Financial Intelligence Unit has granted Kyrrex the license as a virtual currency exchange service provider. This is fascinating, but how will it help them provide a bridge between centralized and decentralized economies, but also provide confidence for users of fiat economies? What plans do you have in mind for more entities like this to license Kyrrex?

Telegram Username
@JesusFre1tes
Nhairy
Guest
Nhairy

You can explain or give us the complete information to carry out the process to send, convert and receive payments in the safest way, which makes your exchange less complicated but highly secure and reliable considering the high rate of fraudulent transactions in the market, who will have the possibilities of opening a bank account within the platform with your own Iban, obtaining a debit card, recharging your account through bank transfer or acquiring with a bank card, what will be the fees or commissions to access these services, which countries will be able to have this platform?

Telegram Username
@nhairym
Nhairy
Guest
Nhairy

In addition to Binance Coin (BNB) being added to the Kyrrex platform by other coins, tell us about the recent Kyrrex Core updates, minor website improvements and bug fixes to make the platform run faster and give you a better trading experience. Do you think that with these adjustments the platform is really prepared to compete and manage to stay in the market in the long term?

Telegram Username
@nhairym
Nhairy
Guest
Nhairy

What tools and paths do they provide to their users and investors so that they can develop optimally and remain in the market, in which countries can their protocol be implemented and develop their products and services, does Kyrrex have the capacity and flexibility to adapt to internal laws and regulations Of each country?

Telegram Username
@nhairym
Junior ||
Guest
Junior ||

I understand that in Kyrrex Multi Account Management Feature, Investors and Managers can freely interact where the investors trusts the manager with particular amount of assets to make profit. Can you explain more on Kyrrex Multi Account Management (MAM) and how it is going to work? Are there any security checks and protocols in order to ensure Managers are legit and trustworthy so as to not to lead to loss of assets of investors by managers? How can users register to become manager in Kyrrex MAM and how can investors acquire and interact with these Managers? What are the benefits… Read more »

Telegram Username
@iceVermithraxx
Junior ||
Guest
Junior ||

I understand that Kyrrex will also perform as a Listing platform aiming to list innovative and potential coins on its platform. Can you explain more on Kyrrex as a Listing platform? Can you share on the requirements and security checks for a coin to be listed on Kyrrex for the protection of investors and users?  I also noted that Kyrrex Trade ideas feature is for traders to trade their ideas for better trading experience, can you explain more on Kyrrex Trade ideas and benefits which users stand to get for joining and trading their ideas?

Telegram Username
@iceVermithraxx
Junior ||
Guest
Junior ||

Focusing on Kyrrex as a Liquidity Hub which provides a wide portfolio of crypto services with extensive and always available liquidity through a reliable order book with built-in real time data streams. Can you elaborate more on how Kyrrex will operate as a Liquidity Hub and provide a wide portfolio of Reliable order book with built in real data streams? can you explain on how Kyrrex Liquidity Hub will produce high Liquidity to work to match most demanding cooperate need? What are the main competitive advantages of Kyrrex Liquidity Hub over traditional Liquidity Hub?

Telegram Username
@iceVermithraxx
Sanyaolu
Guest
Sanyaolu

Looking at Kyrrex’s Referral Program; I understand that a user can earn more than 50% on commissions via referral program. Could you further breakdown the referral program? Will these bonuses be awarded per referral or is there a minimum amount of users that must be referred in order to claim bonuses? How about the referred users, will they be entitled to any forms of rewards or bonuses too?

Telegram Username
@jameslekan664
Sanyaolu
Guest
Sanyaolu

The products offered by Kyrrex includes; Exchange, OTC and Liquidity Hub. Please give an elaborate description on each of these products and how they work. What does the users need to access each of these products? What features is implemented on each product in making sure that Kyrrex offers the best possible experience to it’s users? How will you convince us that Kyrrex will stand the test of time and remain afloat in the ocean of major competitors?

Telegram Username
@jameslekan664
Danylko UA
Guest
Danylko UA

Hello Kyrrex Team!

Kyrrex ecosystem provides a one-stop shop for corporate, institutional, and private professional clients through its advanced trading and custody technology based on its sophisticated and proprietary algorithms and secure infrastructure. So with Kyrrex I understand that it is possible to open either an individual or business account. Please give an highlight on these two types of accounts. What are the features peculiar to both accounts? Is any of these accounts more advantageous to the other? What is needed to open either a private or business/institutional account?

Telegram Username
@Danylko_UA

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