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Frequently Asked Questions

Basics

SQRBIT revolutionizes real estate investing thru tokenization, offering fractional ownership in its property portfolio. As an RWA platform, SQRBIT bridges the gap between traditional real estate and the digital asset world. Join the future of tokenized property investment with SQRBIT.

You can easily buy and sell fractional ownership in our growing real estate portfolio through tokenization, enabling you to enjoy the benefits of ownership without any hassle.

The name SQRBIT combines the concept of “square feet” (SQR) with “Bitcoin” (BIT), symbolizing the platform’s mission to tokenize every square foot of real estate through blockchain technology.

This approach makes real estate investment more accessible and efficient for a broader audience.

SQRBIT, INC. is structured in Delaware as a C corp.

SQRBIT, Inc. will be fully compliant with the SEC and will offer real estate investments under two Act exemptions:

  • Sale to non-US investors, under Regulation S of the Act,  and
  • Sale to US Accredited Investors, as defined under Regulation D in Rule 506-(c) of the Act.

SQRX Token is a BSC (Binance Smart Chain) digital token that meets BEP-20 standards, modified to comply with transfer restriction requirements under applicable U.S. SEC securities laws.

The SQRX security token will primarily be used for security offerings within the SQRBIT ecosystem and legally represents fractional ownership, confirming your position within SQRBIT’s expanding real estate portfolio based on the number of tokens you hold.

SQRX tokens will have a 12-month lockup period. After the lockup period ends, SQRX tokens will start trading on our platform through DS SWAP and compliant security token exchanges like INX.

SQRB Token is a BSC digital token that meets BEP-20 standards and  designated as a UTILITY  TOKEN, a consumer good within the SQRBIT ecosystem, NOT as an investment token.

SQRB Utility token is freely traded on compliant secondary markets like PROBIT, and its value may fluctuate.

SQRB utility token has a maximum supply of 10 billion tokens, meaning the total number of tokens in circulation can never exceed that amount.

SQRB CONTRACT ADDRESS:    0xA9cb8ECb67FE770fe1F2feB3C2d85117cAc0d4fB

Yes, real estate asset tokenization on the blockchain is highly secure. Blockchain technology provides a decentralized and tamper-proof ledger, ensuring the authenticity and security of ownership records and transactions.

SQRBIT invests in completed real estate developments, including residential, commercial, retail, and land purchases, focusing on the U.S. and international markets. We partner with reputable developers and professional property management companies. 

The minimum investment amount for our real estate portfolios is $500. 

By investing as little as $500 in SQRBIT property portfolios, you can acquire fractional ownership in our real estate property portfolios. SQRX Security Token  legally represent this fractional ownership, confirming your position within our expanding real estate portfolio based on the number of tokens you hold.

You can participate in fractional real estate investments on SQRBIT Platform using USDT or USDC stablecoins. Each USDC/USDT is equivalent to one (1) SQRX Security Token, providing you with fractional ownership in the SQRBIT Property portfolio.

For example, if you invest $5,000 using 5,000 USDC, you will receive 5,000 SQRX Security tokens.

Additionally, any promotional tokens associated with the real estate deal, ranging from a 5% to 10% or more extra bonus, will be distributed to your account depends on the property deal.

TOKENS

To invest in a SQRBIT Platform digital asset offering, U.S.-based investors must qualify as “Accredited Investors,” meeting specific income or net worth criteria set by U.S. regulations. However, international investors are classified under Regulation S, which does not require these financial qualifications, making it easier for global participants to access investment opportunities.

Please note that this section is being updated.

This means that you will eventually be able to see the drafts, or some items may be moved from their usual points.

Below are general step-by-step guides on how to register, verify your identity, invest, and manage your account. They work on our platform as well as on any platform of our clients.

You can also find information about blockchain wallets and 2FA protection, as well as some troubleshooting advice.

Read more  Explanation 

This is what you need to know to invest via the SQRBIT DS Dashboard

This section is aimed at helping people who have never used blockchain technology and learn how to work with it. We tried to do it as simply as possible.

If you are an experienced user of blockchain, you can skip it.

Read Before You Start Investing 

Yes, AML/KYC verification is legally required to create your account, which involves collecting your name, address, date of birth, citizenship, and National ID number. All personal information is secured with SSL on our SQRBIT platform and stored in encrypted, non-public storage.

Once your Metamask wallet address is linked to our SQRBIT Platform and whitelisted, this is the only address that can be used in the platform..

By law SQRBIT is required to perform an AML/KYC (Know Your Customer) verification on every user before they are allowed to use our platform. Investing can start as soon as your AML/KYC verification is completed. The KYC process typically takes around 5 minutes, with a maximum duration of 3 business days.

To buy security tokens, you must have your identity verified on the DS Dashboard.

Using available payment options, you can purchase security tokens with crypto, e.g., USDT, USDC, or BUSD, depending on the blockchain of the DS Dashboard and the accepted crypto, or with fiat, e.g., USD or EUR, using the bank wire transfer.

Check the Issuer’s website to see which type of payments they accept.

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1. Click the Learn More button on the main page of the DS Dashboard. It will bring you to the currently active offering on the Investment opportunities page. Click the Invest button to proceed with the investing.

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2. Enter the number of security tokens you want to buy.

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3. Choose your preferred payment method among the supported ones: crypto or bank wire transfer.

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4. Read and sign the Security Token Purchase Agreement, aka STPA.

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5. Make your payment. Expand to see guidelines for both options.

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5. When you receive a notification about your investment process being completed and security tokens sent to you, import the security token’s address to your MetaMask, so you see your balance.

Also, the balance of your security tokens is visible in your Dashboard account when you log in with your whitelisted wallet.

Yes, you can invest in  SQRX tokens using fiat money USD with Bank Wire..

Please use the Bank wire transfer option during the investment process. 

This option may seem easier; however, we would say it is more familiar. At the same time, it is quite a slow option because it depends on the bank transfer, their working days, etc., and can take up to 7 business days.

Still, for your convenience, we have this option, too, and working to increase investment options.

Upon successful completion of the AML/KYC verification process, you can begin your investment. Your SQRX tokens will be visible in your wallet, with a lockup period, as soon as we receive your payment with a successful transaction through MetaMask. You will not be able to transfer your SQRX tokens from your wallet during the lockup period.

You can see your purchased security tokens in your DS Dashboard’s Security token balance on the left panel, in the My investments tab or in your wallet.

When you invest, your security tokens are sent to the wallet address you used during the identity verification process. If you forget it, check your email for notification about applying for identity verification. The wallet address you used is shown there.

Add the contract address of the security token to see them in your MetaMask wallet under the correct network and wallet address.

Another option is to log in to your DS Dashboard account under the correct network and wallet address and see them in the Quantity section under your selected security token on the main or My investments page.

⚠️ Note:  The DS Dashboard does not store your security tokens or crypto. Your balance is reflected here when you connect your wallet to the DS Dashboard during the login process.

See the procedure to increase your maximum investment limit below.

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Note: You can not submit a new request while the previous one is under consideration.
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1. In the menu at the account’s top right corner, select Limits.

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2. See the Secondary trading limit. You might need to select the security token.

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3. Click the Increase my limit button.

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4. See the current limit indicated in the window.

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5. Enter your new limit.

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6. Make sure to upload additional documents where needed. For example, if your new limit is higher than allowed by the international Anti-Money Laundering (AML) regulations, you need to attach proof of the source of funds. A compliance manager can contact you via email to request it where applicable.

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7. You can also add a comment. It is optional. However, the compliance manager can ask you questions via email if necessary. So please check your email.

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8. Click the Submit request button.

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9. Wait for the compliance manager to review your provided information. You will receive a confirmation email once your limit is updated.

Net Operating Income (NOI) measures a property’s profitability by subtracting key expenses (like property taxes, insurance, utilities, and management fees) from its total revenue. It shows how much income a property generates after operational costs.

The profit margin is calculated by dividing NOI by total revenue.

SQRBIT generates revenue through various channels, including rental incomes, profits from real estate asset sales, and development sites. The allocation of these INCOMES are structured as follows:

  1. 10% for Buy-Back and Burn: 10% of the INCOMES  will be allocated to the BUY-BACK and BURN program, effectively reducing the total of SQRX  tokens from circulation.

  2. 50% for Token Holder Distribution: 50% of the INCOMES will be distributed to SQRX token holders and stakers. This distribution rewards participants for their support.

  3. 40% for Company Operations: 40% of the income will be retained by the company for the ongoing management of SQRBIT’s real estate investment portfolio, as well as covering taxes and regulatory expenses. This allocation ensures the sustainability and growth of the platform.

This structured approach ensures compliance with legal and financial regulations while providing value to token holders and supporting the platform’s long-term objectives.

You pay ZERO transaction or Tax fees for sending your tokens.

You’ll only pay GAS fees for the Binance Blockchain Network.

  • 0% (ZERO) tokenization fee
  • 0% (ZERO) trading fee for buying tokens 
  • 0% (ZERO) liquidation fee
  • 0% (ZERO) moving fee when you transfer SQRB token to any DEX or CEX
  • ZERO transaction / Tax fees to avoid implications of being an investment product.

Gas Fees on Binance Blockchain:  Binance Blockchain Gas Fee refers to the fee charged for processing transactions on the Binance Blockchain. Similar to other blockchain networks, such as Ethereum, transactions on Binance Smart Chain require computational resources, and users need to pay a fee, known as gas fee, to compensate the network validators who execute and validate these transactions. This fee helps maintain the security and efficiency of the network.

To demonstrate accreditation on the SQRBIT Platform, there are two main options:

  1. Verification Letter from a Professional
    Provide a verification letter from a registered financial advisor, licensed attorney, CPA, or licensed broker-dealer confirming your status as an Accredited Investor. This letter can be submitted directly to the SQRBIT Platform.

  2. Direct Verification via SQRBIT
    If you don’t have access to a professional, SQRBIT can verify your accreditation status directly by reviewing the required documentation.

Documentation Requirements

For Individuals:

  • Net Worth Verification: Submit bank statements, brokerage statements, securities holdings, and/or appraisal reports.
  • Income Verification: Provide tax returns, W-2s, K-1s, 1099s, or other official documents.
  • Knowledgeable Investor Verification: Supply a copy of your unexpired Series 7, Series 65, or Series 82 securities license.

For Business Entities or Trusts:

  • Entities with $5 Million in Assets: Provide bank statements, brokerage statements, or appraisals for real estate or other assets.
  • Entities Without Minimum Assets: Each owner must individually meet the Accredited Investor requirements, using the individual documentation outlined above.
  • Trusts Without Minimum Assets: Submit trust documents to confirm eligibility based on trustee type or revocability. If revocable, all grantors must individually qualify as Accredited Investors.

This process ensures compliance with regulations while making investment opportunities accessible to qualified participants.

– The SQRX Security Tokens Lockup Period refers to the 12-month lockup period during which you cannot transfer or sell your tokens.

– The SQRB Utility Tokens has vesting schedule as follows:

  • One year passing from the token sale date.
  • The release of tokens to you in compliance with relevant securities regulations.
  • The team is subject to a three-year lockup period.
  • Partners and advisors are subject to a one-year lockup period, followed by a one-year linear vesting schedule.

Your SQRX tokens represent legal fractional ownership in SQRBIT property portfolios, ensuring that you would not lose your investment. In the event that SQRBIT goes out of business, your SQRX tokens, representing legal fractional ownership in our property portfolios, safeguard your investment.

Investing in digital tokens carries a high level of risk and the potential for financial loss. There is no assurance that SQRX security tokens will be listed on a secondary exchange, and there is also no guarantee of finding a buyer when you decide to sell your SQRX security tokens. However, you will not lose your fractional ownership investments in our real estate assets.

It’s crucial to uphold the highest industry security standards for your Wallet and associated private keys used in Staking. Please be aware that SQRBIT does not store your private keys and cannot assist in their recovery if lost, destroyed, or stolen. SQRBIT disclaims any responsibility for potential losses in the event of the loss, destruction, or theft of your private keys.

How to recover your account after 2FA fails

In the event of a 2FA two-factor authentication failure and an inability to recover your account, which includes options like Account Recovery or Password Reset, you can restore access by submitting a copy of a government-issued identity document.

Please note that, for security reasons, we cannot alter your 2FA settings or disable any security features until you provide the required proof of identity document.

Your IP and/or nationality indicate that you are located in a country/region where SQRBIT services are restricted. According to SQRBIT’s terms of service, SQRBIT does not provide services to users in the country/region where you are located. If you have any questions, kindly contact SQRBIT Customer Service.

Net Operating Income (NOI) measures a property’s profitability by subtracting key expenses (like property taxes, insurance, utilities, and management fees) from its total revenue. It shows how much income a property generates after operational costs. The profit margin is calculated by dividing NOI by total revenue.

Investing in digital tokens carries a high level of risk and the potential for financial loss. There is no assurance that SQRX security tokens will be listed on a secondary exchange, and there is also no guarantee of finding a buyer when you decide to sell your SQRX security tokens. However, you will not lose your fractional ownership investments in our real estate assets.

It’s crucial to uphold the highest industry security standards for your Wallet and associated private keys used in Staking. Please be aware that SQRBIT does not store your private keys and cannot assist in their recovery if lost, destroyed, or stolen. SQRBIT disclaims any responsibility for potential losses in the event of the loss, destruction, or theft of your private keys.

How to recover your account after 2FA fails

In the event of a 2FA two-factor authentication failure and an inability to recover your account, which includes options like Account Recovery or Password Reset, you can restore access by submitting a copy of a government-issued identity document.

Please note that, for security reasons, we cannot alter your 2FA settings or disable any security features until you provide the required proof of identity document.

Your IP and/or nationality indicate that you are located in a country/region where SQRBIT services are restricted. According to SQRBIT’s terms of service, SQRBIT does not provide services to users in the country/region where you are located. If you have any questions, kindly contact SQRBIT Customer Service.

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About Us

SQRBIT™  gets its name from ‘Square Feet’ and ‘Bitcoin’ (‘Bit’).  ‘Tokenizing Every Square Feet with SQRBIT™!,’ reflects our goal of using blockchain to make real estate investing accessible to everyone.

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DISCLAIMER

This website (the “Site”) is operated by SQRBIT, Inc., which is not a registered broker-dealer, investment advisor, or financial institution. SQRBIT™ does not provide investment advice, make recommendations, endorse any investment opportunities, or assist in raising capital through securities offerings.

SQRBIT™ operates solely as a software-as-a-service platform, enabling fractional ownership in a portfolio of properties owned and managed by SQRBIT™. Neither SQRBIT™, nor its officers, directors, agents, or employees, makes any warranty, express or implied, regarding the adequacy, accuracy, or completeness of any information on this Site or the use of such information. SQRBIT™ does not receive brokerage compensation in connection with the purchase or sale of real estate or securities.

SQRBIT follows SEC rules, using Regulation S for non-US investors and Regulation D, Rule 506(c), for accredited US investors, ensuring secure and compliant access worldwide.

The SQRB Utility Token is not classified as a security or financial instrument under the Markets in Financial Instruments Directive (MiFID II) of the European Parliament (2014/65/EU), the Securities Act of 1933 (US), or any other applicable securities or financial laws.

It is your sole responsibility to determine whether any investment, investment strategy, security, or related transaction aligns with your personal investment objectives, financial circumstances, and risk tolerance. SQRBIT™ recommends consulting with licensed legal professionals, tax advisors, and financial consultants for legal, tax, insurance, or investment advice.

SQRBIT™ does not guarantee the performance of any investment, the outcome of any investment strategy, or the return of capital on any investment opportunity featured on this Site. Investments involve risks, including but not limited to the potential loss of principal, market fluctuations, and liquidity constraints. You should carefully evaluate all risks and conduct your own due diligence before making any financial decisions.

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