INTRODUCTION
Today, it can be said that there is a unique opportunity to focus on a cryptocurrency change centralized in the Middle East. We are convinced that bringing long-term foreign exchange, operations, trading and experience in creating markets is necessary to create a more efficient and sustainable market. Find you a liquidity solution combined with a strong understanding of financial trading environments, a place where many of the new participants are inexperienced.
In the Middle East, there are large traders and investors who expect a higher level of customer service and are not interested in the finer details of private key custody. For this reason, they want to join with experienced and secure commercial platforms, with locations in the region that speak their language in order to participate in this project.
In this regard we have assembled a team that includes global and regional forex trading experience and security technologists and experts who can provide the unique opportunity of the Arabic language. We are offering a platform launched in the region that offers trading in Bitcoin, Ethereum, Litecoin, Ripple, Dash, Zcash and Monero initially.
Anticipating that our energies to begin this coin offer will also help us acquire new customers for the exchange.
WHAT IS CRYPTOSOUK?
Our vision is to build next-generation digital asset trading for traders of all skill levels with the goal of making currency trading accessible to all. We are dedicated to improving our customers' business experiences with fast turnaround, fair pricing, world-class customer service, endless improvements and unlimited creativity.
PROBLEM
In the Middle East, buying, selling, maintaining and trading cryptocurrency is extremely difficult. We believe that implementing diverse and new ideas for decentralized exchange will help to solve this problem.
However, we believe that the most active traders and investors are looking for a higher touch, and a more user-friendly trading partner that more closely matches their current expectations of participation in the financial markets. Our clients also want to know that there are local people in the region they can reach who speak their language and understand their customs.
That is why the countries of the Middle East now have great business opportunities. Furthermore, the legal potential of this part of the world is perfect for the implementation of Blockchain technologies.
For this year, we have seen the launch of several exchanges aimed at addressing the capital of players in the Middle East. They faced the same problems for which they had no solution.
First, the population began to frequently withdraw funds from Fiat's accounts. Banks were forced to take extreme measures, including blocking transactions, because banking systems began to cope with such cash flows.
Secondly, credit card transactions were adjusted. People began to take out many loans to make capital in kryptonite. This worries the management of the banks, since the regulation of kryptonite, even there is not a legal term, if the case goes to court.
The third problem is the low liquidity of modern trading platforms and kryptom currencies. In the Middle East, a large number of potential investors in kryptom currencies are concentrated, who are willing to invest large amounts of money, but because of the problems, are extremely cautious.
SOLUTION
From ST Vincent and the Grenadines and Kuwait, CryptoSouk has launched a cryptocurrency trading platform. At the beginning of the third quarter of 2018, the exchange with commercial partners that support Bitcoin, Ethereum, Litecoin, Ripple, Dash, Zcash and Monero will begin. The Platform expects to continue to increase commercial support for additional cryptographic assets that the company feels exceed certain minimum due diligence requirements. The exchange also allows the account to be charged by cryptocurrency or fiat payments. Based on the experience of the founding teams, we have chosen to help us offer both the trading platform, liquidity and a wide range of financing options.
We also have the confidence to continue growing in the region, in the following competitive factors. We first thought of the ability to use fiat currency for transfers from within and out as cheaply as possible and as native to dinars, dirhams, riyals and dollars. To this end, we plan to invest in tools and partners that will help us reduce and make the financing or bailout of fiat cheap and easy.
Second, we believe that, while not all cryptographic assets are worthwhile on our exchange, that the diversity of trading pairs will be an important factor that customers will consider when trying to choose a desired trade. Third, we believe that the superior touch of customer service is critical in this region, so we plan to invest in customer service. A service to provide a more human touch to scale while making it so efficient and cost effective. Last but not least, knowledge of the relevant KYC/AML documentation will play a key role in providing a unique and frictionless user experience.
Our marketing plan is to employ regional expertise in managing unique, localized digital marketing, content across the most optimized channels, and to focus on Arabic language education as simple but effective content delivery is currently scarce. Our appreciation of the high Arab context societies will greatly contribute to our mission to create a meaningful and committed community that forms the backbone of any cryptographic related product, project or venture.
CRYPTOSOUK PLATFORM FEATURES
1.- MULTIPLE COMMERCIAL VIEWS
Multiple views, including price chart, depth chart, order book and recent quote marker
2.- A LOT OF INDICATORS
58 indicators available including linear regression curves, moving averages and oscillators
3.- CUSTOMIZED TREND LINES
Ability to draw custom trendlines, forks and more than just scale and move with the chart
4.- INTERACTIVE USER INTERFACE
Ability to customize the color and style of bars, borders, highlights, price lines, backgrounds, and grids
CryptoSouk's technology is also focused on the global market, it has the main market players, local advantages and competitive technological advantages. In particular, it is the speed of transaction processing, the best business features and security features.
ICO
Token name: SOUK
Type of token: Ethereum ERC20
Token price: Pre-sale, $0.375, Main sale $0.5
Soft Cap: $ 1M
Hard Cap: $ 11M
Pre-sale start date: July 9, 2018
The start date of the main sale: August 22, 2018
The distribution of tokens is as follows:
The CryptoSouk exchange has chosen a strategy for resource-based development in the form of extensive links in the Arab world, which, as is well known, has a significant supply of money from the world. At the same time, these capitals are waiting for the launch of such a solution. Because it really solves their problems. This gives important reasons to believe that the ICO will succeed and end earlier than planned. Before the Pre-ICO starts, there are seven days left.
ROADMAP
BETA - SV Release Exchange
Joint Venture with Kuwait Partners Q2 - 2018
ICO Pre-sale (or Main Sale)
Malta Cryptography Exchange License
Develop Proprietary Liquidity
Q4 - 2018
ICO Private Sale - Malta
Launch of LIVE Exchange - SV
Start the SOUK Token on our Exchange
Open list of new tokens
System upgrade to allow payment of fees in SOUK
Q3 - 2018
ADGM FSRA OCAB License
Launch of mobile application Q1 - 2019
TEAM
DAVID DUBRULLE CO-FOUNDER CEO
GENE HOFFMAN | CO-FOUNDER, BOARD MEMBER
RICHARD D'SOUZA OPERATIONS MANAGER
ABUSED BASIL OPERATIONS OFFICER
ADVISERS
ROBERT VIGLIONE | CO-FOUNDER OF ZENCASH
ANDREW BATES INTERNATIONAL PRIVATE BANKER
COMMUNITY STRATEGIC ADVISORS
MORTEN CHRISTENSEN
CALICCHIA FRAME
VALTTERI SERIMAA
FOR MORE INFORMATION, CHECK BELLOW:
WEBSITE: https://cryptosouk.io/en/ico
TELEGRAM: https://t.me/cryptosouk_community_en
WHITEPAPER: https://cryptosouk.io/user/themes/custom-theme/pdf/en/whitepaper.pdf
ANN THREAD: https://bitcointalk.org/index.php?topic=4515317
FACEBOOK: https://www.facebook.com/CryptoSouk.io
TWITTER: https://twitter.com/CryptoSouk
MEDIUM: https://medium.com/@cryptosouk
REDDIT: https://www.reddit.com/r/CryptoSouk/
LINKEDIN: https://www.linkedin.com/company/cryptosouk/
YOUTUBE:
INSTAGRAM: https://www.instagram.com/cryptosouk/
GITHUB: https://github.com/CryptoSouk
AUTHOR: REANK85
MY BITCOINTALK PROFILE: https://bitcointalk.org/index.php?action=profile;u=1913792