OVERVIEW:
The blockchain technology brought about a very significant change in our lives, and its implementation, as well as use cases, made life much simpler and seamless. For example, in our economy, the banking sector has been simplified with the blockchain technology as it will effectively improve transparency as well as the major reduction of fraud, it will also enable for the swift financial transactions between peers ensuring the further development of the sector. Cryptocurrency is the financial system of the blockchain technology and these digital assets can be obtained from the cryptocurrency exchanges. The cryptocurrency exchanges are a blockchain system in which users can either buy or sell cryptocurrency or make money from cryptocurrency trading. With the birth of the cryptocurrency exchanges, we saw a lot of numerous exchanges coming up and this helped in the reduction of monopoly and exorbitant fees charged by most of the major cryptocurrency exchanges. But the current model of the cryptocurrency exchanges present today is plagued with a lot of problems and challenges that hinders its mass adoption into the financial market and some of them include Centralization of the Cryptocurrency exchange - where users have no control over their digital assets and the exchanges benefit far more than their users with the introduction of exorbitant transaction fees as well as high listing fees. No fiat support - most of the current exchanges don't have fiat support where users can exchange paper money for the cryptocurrency. Other problems include poor customer care support, slow transactions, and liquidity in terms of most decentralized exchanges, and poor user interface. These problems led to the creation of an exchange platform, which not only tackles all the above issues, but it also rewards its users for their engagement in the further development of the platform and this platform is called Coincasso.
FEATURES OF THE COINCASSO EXCHANGE:
The Coincasso exchange was developed with the aim of solving all the current problems that affect the current cryptocurrency exchanges and this exchange is a hybrid exchange; which means that it has both the features of the centralized exchanges (swift speed, liquidity, and volume ) and that of the decentralized exchanges (users will have control over their assets). It also offers the chance for users to purchase their favorite cryptocurrency with the use of FIAT with partnership from numerous financial institutions. The platform has a very great and user-friendly interface which will enable new users to be able to use it without any technical experience. There is a very high level of security as well as a very responsive customer care support system. The platform also offers startup ICO the necessary support and logistics to ensure that the ICO process goes smoothly. Finally, the users of the platform will get rewarded from their active participation in the platform so as to maintain the network.
THE COINCASSO EXCHANGE TOKEN:
The exchange runs on its own native cryptocurrency called the CCX tokens and this runs on the ethereum blockchain as it's an erc20 token. This CCX tokens have a variety of functions which include reduction of transaction fees, right to participate in the Coincasso company, trade the CCX tokens against other digital assets in the exchange, give users the right to vote the listing of their favorite cryptocurrency project on the exchange and CCX POWER and so many other numerous benefits.
FUTURE OF THE COINCASSO EXCHANGE:
The Coincasso exchange platform will be developing several working products that will ensure the efficiency of the platform and these projects include Mobile Wallet App ATM network POS system integration And so many exciting products.
ROADMAP:
With a well mapped out roadmap showcasing in details the milestones all the way, and how the developers intend to achieve their robust objective, Coincasso has shown commitment to entrench change in the exchange ecosystem.
TEAM:
The Coincasso team consist of vastly experienced and technically savvy individuals whose reputation and exploits has been a continuous reference point in the blockchain, crypto and digital space
CONCLUSION
One of the greatest unique features of the Coincasso exchange is the sharing of profits alongside with its users so as to maintain their engagement on the platform as well as its development. The platform also offers great products such as ICO providers as well as running cryptocurrency exchange trading with so much efficiency.
For more insight about this innovative and revolutionary infrastructure, please click on the links belowL
Website: https://coincasso.io/
WhitePaper: https://coincasso.io/ENGLISH_CoinCasso_official_PLV1.pdf?v1.1
Facebook: https://web.facebook.com/coincasso/
Bounty0x Username: Jannyh