Community Frequently Asked Questions

Who is the team behind AuBit?
AuBit’s World Class Execution Team AuBit’s management team and advisors have worked at some of the largest financial and technology companies in the world i...
Sat, 19 Jun, 2021 at 9:42 PM
Are you still on track to achieve your targets as the road map says?
Yes, our team was already fully distributed and so we have managed to stay on track for all of our roadmap items, including private alpha launch this year a...
Sat, 19 Jun, 2021 at 9:43 PM
What are the ways that generates profits/revenue to maintain your project and what is its revenue model? How can it benefit to both investor and your project ?
AuBit makes revenues by taking 20% of the trading fees for operations, while redistributing 80% back to its users. In traditional finance, so much money lea...
Sat, 19 Jun, 2021 at 9:44 PM
Why did you build your token on Ethereum blockchain?
Ethereum is the most accessible blockchain for tokens today. The AuBit Network itself is actually Blockchain Agnostic, The AuBit Freeway platform has a toke...
Sat, 19 Jun, 2021 at 9:44 PM
What role does AuBit want to play in the cryptocurrency ecosystem?
We want to be the place where many retail and institutional investors come to gain exposure to crypto. Our platform is very simple to use and provides insti...
Sat, 19 Jun, 2021 at 9:45 PM
How did you come up with the idea to create the AuBit project?
We wanted to improve the asset management industry, as the model has not changed in decades and the tech, regulatory, and general user sentiment are aligned...
Sat, 19 Jun, 2021 at 9:45 PM
What is the AuBit business model? Who are your potential customers and which markets are you targeting on?
AuBit's business model is to take 20% of the network-enhanced additional growth it creates for users as revenues. This aligns everyone as it is only wh...
Sat, 19 Jun, 2021 at 9:47 PM
What are the currencies I can use to buy the Supercharger products and the AuBitised products?
At the moment accepted currencies include BTC, ETH, BNB, ERC-20 format USDT, ADA, DOT, PAXG, USDC, or wrapped equivalents on Binance Smart Chain.
Sat, 19 Jun, 2021 at 9:49 PM
Do you take into account community feedback and demands while you build your project?
Yes very much so. We have worked to bring FWT pre-staking into existence and created the Lite version of our Freeway platform because that very reason, popu...
Sat, 19 Jun, 2021 at 9:51 PM
What is the Freeway airlock program?
The Freeway airlock is a simple way for users to move ERC20 format FWT into their Freeway account. It locks up ERC20 FWT and releases AuBit Chain FWT, simil...
Sat, 19 Jun, 2021 at 9:51 PM