Despite the huge boom of cryptocurrencies, people face difficulties in the production of cryptocurrency. Some years ago people mine cryptocurrencies in order to own them but now people are migrating from mining. This is because today the mining is not at all profitable due to the deceased price of cryptocurrency, high cost of mining equipments and high price of electricity. That's why very less people are willing to mine cryptocurrency.
In order to earn profit from cryptocurrency people are migrating from mining to crypto trading in exchanges. Today cryptocurrency trading provides very much favorable conditions to earn profits in very short time. But even the crypto trading comes with a drawback that is high commission fee. Exchanges charge very high commission fee on trading of digital assets.
But now thanks to a very unique cryptocurrency exchange which not only provides best trading platform but also allows to mine cryptocurrencies in a single place This exchange is called as Catex.
About the project
The main aim of the Catex project is to provide a perfect cryptocurrency exchange platform which provides an opportunity for crypto ethusiasists to not only trade digital assets but also to earn cryptos through mining.
Principle of operation
The Catex project provides a very unique cryptocurrency exchange platform and features which are not at all available in any other trading exchanges that is mining trading. Here mining is done on the exchange when the traders are trading with the coins available on the exchange. While investors perform crypto related operations such as buying and selling of digital assets, the exchange internal token (CATT) is being created and credited into investors account in return to the fee paid by them.
Along with this the Catex shares it's exchange profit with the investors through locking the CATT tokens. The reward amount depends upon share of coins and duration of locking period:
Moreover, the remaining amount of profit generated will used for the exchange development, it's equipment maintenance, marketing and services. It is worth to note that these revenue payments will be done on daily basis. The project developers are committed to maintain the exchange smooth operation and value of the exchange coin. The amount of CATT tokens locked by the investors are only allowed to redeem then after the end of locking period.
The Catex provides an opportunity for investors to independently decide the developmental path of the exchange through voting system. If investors are not satisfied with the proposals presented during voting by the exchange then investors are allowed to present their own proposals to effectively and efficiently move forward. This kind of voting system helps to solve the present problems, effectively plan for the future developments and for the listing of new crypto coins on the exchange.
In addition to all the above features the Catex is going to launch blockchain powered lottery on the exchange with big rewards up for grab. This feature attracts more investors to become lucky and earn big.
Conclusion
There is no doubt that Catex will play an important role in the mainstream adoption and in accelarating the growth of crypto market. The mining trading feature of Catex will attract more investors and traders to use this exchange. They have an opportunity to earn CATT tokens while trading. The Catex also provides easy and user-friendly interface that even novice traders can also easily understand and utilize the benefits provided by the exchange. The Catex is also launching mobile application for Android and iOS devices to trade efficiently at anytime through mobile application.
Finally I would suggest you to read the official whitpepaper of the project for more details. This project needs much public attention and I wish all the best for this great project.
Learn more about Cat.Ex:
Website: https://www.catex.io/
ANN thread: https://bitcointalk.org/index.php?topic=5099776.0
Telegram: https://t.me/catex_group
Facebook: https://www.facebook.com/officialcatex
Twitter: https://twitter.com/catexofficial
Reddit: https://www.reddit.com/r/Catex
Discord: https://discord.gg/cYmm6Y2
iOS: https://www.pgyer.com/5dVR
Android: https://www.catex.io/download/Catex_1.0.3.apk
About Author:
Bitcointalk username: Abhijeetcg
Bounty0x: abhijeetcg
Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=1676105;sa=summary
ETH address: 0x96e95a1F40cf5a50178053740ADE18046815362d