Have you seen the new exchange in town? Come let me show you.
As cryptocurrency keep getting mainstream, over 1600 cryptocurrencies are listed on the coinmarket. Some were earlier listed but got delisted because of not meeting certain criteria. Though, the amazing qualities blockchain technology brought are felt now in our everyday life medicine, banking, agriculture etc. these has opened up demand for increased Initial Coin Offerings (ICO) to introduce new token into the market that will serve for different purposes. As these coins are introduced to the public, herald of issues follows;
- What world problem does it solve ?
- Which exchange (market) was it listed?
- Who is behind it?
Lots of other problems can emerge, trust, security and transparency. Hitherto, there are few numbers of exchanges available, some are on the top list making mark for themselves, but there is need for newer exchange with innovative concept to come into the market and expand it. Creating enabling and user friendly interface to millions of newbies and intending newcomers of the crypto world. CGCX is the answer.
CGCX is Califin Global Crypto Exchange based in Singapore and has recently acquired Licenses to trade Cryptocurrency. This has prompted several partnership deals, to start with, is the partnership with PLMP Fintech in Singapore. CGCX has raised the normal standard of just trading cryptocurrency but are offering a transparent, secured, trustful and low transaction fees to cryptotraders, merchants , start ups, cooperate businesses and consumers.
Figure 1. CGCX platform interface
CGCX offers a hybrid and innovative platform that will offer four mean service;
- Crypto exchange
- ICO listing
- Merchant solution
4 . Smart contract
The exchange platform will offer range of cryptocurrency and 24/7 trading in fiat and other assets, it’s also installed with hybrid security for IP flagging and bot prevention. It has crypto/fiat exchange of Singapore Dollar (SGD), US Dollar (USD), Korean Won and Euro(EUR) more to be added. CGCX will also run a check on promising ICOs and give them a good start up by launching them on their site. This is a good one for start-up ICOs and also for investors because some ICO may end up not listed, meaning investors lose their money or get a refund. CGCX launch-pad for ICOs makes it easy. The fiat/cryptocurrency makes it easy for merchants who wish to collect cryptocurrency. This aspect also has good features built into it like the KYC, integrated exchange rate, multicurrency conversion, reports and Analytics. Smart contract agreements are the fourth aspect in the CGCX platform. Trades are triggered once agreements are reached this brings a smart way for traders to set orders. This will go a long way to save time and energy spent monitoring trades.
TOKEN ECONOMICS
The platform currency is the ERC20 token called the CGCX, it can be used to pay for payment and users get discount. It has a total of 2billion supply and 50% is offered for public sale. Presale was concluded on 25th May and over $10m USD was raised. Main sale starts on 1st June 2018.
THE TEAM
The team is superlatively put together considering versatile experience in blockchain and security management. You can check them out.
Core team: https://www.cgcx.io/#team-pills-core
Advisors: https://www.cgcx.io/#team-pills-advisors
Partners: https://www.cgcx.io/#team-pills-partners
CONCLUSION
This is a smart platform for smart people and opportunity to connect to a global payment system. The user friendliness of the platform makes it exceptional. Remember token sale is on the 1st of June; do not miss to be part of this hybrid exchange. Thank you!
For more Information
Telegram; https://t.me/cgcxofficial
Twitter: https://twitter.com/CGCXofficial
Facebook: https://www.facebook.com/CGCXofficial/
Whitepaper: https://www.cgcx.io/wp-content/uploads/2018/05/Whitepaper.pdf
Website: https://www.cgcx.io
Bitcointalk username
Author bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=1223251
