CRYPTOSOUK is a digital asset exchange platform for every kind of skill level traders. It makes digital currency trading more accessible to everyone.
Vision of CRYPTO SOUK
To build next generation digital assets swaps for merchants of every skill level to make trading digital currencies accessible to everyone. They are dedicated to improving our customers’ trading experience with rapid trade execution, fair pricing, world class customer service, endless improvements and unlimited creativity.
Purpose of CRYPTO SOUK
To build the next generation digital asset exchange for traders of every skill level with the aim of making digital currency trading accessible to everyone.
Why CRYPTO SOUK?
CRYPTO SOUK focus on the novice traders, professional traders and digital currency experts. Thereby, they are dedicated to make trading digital currencies more accessible, fast and absolutely safe.
Main features of CRYPTO SOUK
• Nearly 58 indicators are available including moving averages and oscillators, linear regression curves and so on.
• It has multiple trade views including depth charts, price charts, order book and recent trades ticker.
• It has the ability to customize wicks, price lines, borders, background, grid and styles of bars and color.
• It has the ability to draw custom trendliness that can scale and move with chart.
Advantages of CRYPTO SOUK
Trading major digital currencies or fiat currencies
CRYPTOSOUK offers you all the major digital currency pairs and fiat that you love to trade with.
Today CRYPTO SOUK is a leading financial and commercial technology company. Thereby, CRYPTO SOUK has built the best digital content exchange by focusing on the needs of professional traders and digital currency specialists. Thereby, CRYPTO SOUK has committed to make digital currency transactions more accessible, completely secure and fast.
CRYPTO SOUK’s ordering system automatically calculates fees and includes them in price order so you can always know what you will pay. CRYPTO SOUK provides the ability to report block transactions for large orders. IT ensures that the market will not move against you before your orders are made.
CRYPTO SOUK provides custom area measurement tools to find the time, change percentages and change prices. Therefore, you do not need to make them manually.
It offers the ability to create a variety of commercial activity and transactional activity including custom reports.
Challenges
Although there are various decentralized exchange ideas is being developed in the market, there are problems in buying, selling, holding and tracking cryptocurrency.
Even more, there are local people who find difficult to speak other languages and understand their services.
Solutions
CRYPTO SOUK provides a single platform where everyone has access to trade financial assets more fast, easy and secure way.
They are offering multi language platform to understand the services to customers via their regional languages.
So, now I think that you got a clear idea about Crypo souk project and hope to meet you with more details about this project in my next articles.
EXISTING PROBLEM IN THE CRYPTO EXCHANGE MARKET
Buying, selling, holding and trading electronic money is hard. We are very excited about the new decentralized exchange ideas being developed, but they are often lacking in liquidity and creating markets. However, in the Middle East, we think that more active investors and investors are seeking a higher and easier contact to use a trading partner that is more in line with current expectations.
They when entering the financial market. Our clients also want to know that there are local people in the area where they can reach out to people who speak their language and understand their customs.
The electronic money exchange market is growing at an extremely high rate. One of our competitors, Binance, announced that they have bought over 250,000 new customers in a single day. Coinbase has more than 20 million accounts and 52 million codes are under management since May 2018.2.
To generate over $ 1 billion in annual fees according to Bloomberg analysis on the market. 3 Simply put, the size of the entire electronic money market is growing exponentially with strong signs. of the basic expected basic rate.4 The opportunity to trade around the world to gain market share in a fast-moving market is hard to underestimate.
LIQUID
CryptoSouk launched a trading platform electronic money Vincent & Grenadines from ST and Kuwait. The exchange will be launched in early Q3 2018 with trading pairs supporting Bitcoin, Ethereum, Litecoin, Ripple, Dash, Zcash and Monero. The company plans to continue adding transactional support for additional encryption assets that the company feels beyond a certain minimum.
Our exchange also allows you to download your account by electronic money or fiat payment. Based on the founders' expertise, we chose our partner to help us provide both our trading platform and our range of funding options.
We believe we will be able to continue to grow in the region based on the following competitive factors. First we thought that it was possible to transfer fiat currency into and out as cheaply as possible and originated from Dinars, Dirhams, Riyals and Dollars as possible. To achieve that goal, we plan to invest in tools and partners that can help us reduce costs and make cheap or easy fiat purchases.
Second, we believe that, although not all of the cryptographic assets deserve to be listed on our trading floor, that the variety of trading pairs and ciphers will be one. Important factors that customers will consider when they choose priority exchanges.
Tuesday, We believe that higher touch customer service is very important in this area so we intend to invest in customer service so that we can provide more human touch on the scale while doing Effective and profitable. Last but not least, teams that have localized knowledge of KYC / AML related material will play an important role in providing a unique and frictionless user experience.
The Referrals CryptoSouk program is designed to create the evolution of viruses and is particularly attractive to both of our customers who can use their inner circle and the Influencers can use the resources. Their premium social media to promote CryptoSouk. CryptoSouk has a simple and very useful introduction system.
Each user who has an account on CryptoSouk.Exchange will have their unique referral code that can be shared with others. When another user registers using this referral code, the referee will receive 50% of the transaction fee paid by their referral throughout the year. For example, User A shares their introductory code with User B. User B enters the user's introductory code A when creating a new account.
During the year starting on the creation of User B's account,
CryptoSouk Exchange reserves the right to make any changes to the complete terminal of the referral program at any stage without prior notice.
We plan to use our token to reward our original supporters. Purchasers of SOUK utility tokens will receive a discount on transaction fees and other costs if paid with a SOK Token. Furthermore, we intend to redeem these tokens in the market with a portion of our profits when we make a profit. We think these incentives and rewards match the company with our early supporters and customers.
We plan to use our token as a modus operandi for valuable password asset projects to pay inexpensive fees for our listing fees. We are subject to a number of costs depending on the nature of the underlying encryption asset and the different charges depending on the level of similarity or differentity of each content from the blockchain protocol perspective.
However, we also believe that the listing of deserving projects should not be an excessive profit center as it is of people's interest to see them available to our customers with improved liquidity. . Furthermore, we also expect the upcoming security token wave and are taking steps to prepare our platform from a legal standpoint.
We have selected Malta for our [parent company] and our ICO due to the provisions of the forwarding token of that country and members of the European Union. We are also pursuing a trading license at the Abu Dhabi Global Markets (ADGM), which has offices in Kuwait, our operations are generally held.
Our current licensing status pending the final release of the regulatory framework for ADGM under the OCAB (Active Asset Encryption) and the recent finalization of the Virtual Financial Asset Act Malta. We believe that regulatory certainty will become a more important part of the decision on which exchange clients will entrust their encrypted assets.
TECHNOLOGY
Our technology is aimed at simplicity, security and reliability to support a wide range of features. Leading Transactional User Interface - CryptoSouk is a leading trading and financial technology company. We have built the best digital content exchange by focusing on the needs of professional traders and digital currency professionals.
We are committed to making digital currency transactions accessible, fast and completely secure. • Integration capabilities for KYC / AML, Bank / PSP • More than 20 order options including but not limited to; FILL or KILL, IOC, STOP, LIMIT, etc.
TOKEN DISTRIBUTION
Type of Token
ERC20 Token
Name
Souk
Token Ticker
Souk
Token Price
@ $ 0.50
Pre-Sale
$ 0.30
25%
Soft Cap Discount - $ 1 Million
Release Date - July 9, 2018
Duration - 30 Days
$ 0.5 Main Sale
Hard Hat - $ 11 million
Release Date - August 22, 2018
Duration - 30 days
TOKEN DISTRIBUTION
USES OF TOKENS
Souk token is created on the CRYPTOSOUK ecosystem to serve as a major driver of the ecosystem. And will be used for several purposes on the platform including:
1, Souk token will be used for payment of transaction fees on the exchange
Souk token will also be used in paying for listing of token pairs on the platforms
Incentives and rewards will also be paid using Souk token when the need arises.
In conclusion, CRYPTOSOUK is an innovative crptocurrency trading exchange which has been designed to carry every crypto enthusiast along .The user friendly interface, fast transaction, low transaction fees and other great features will surly bring breakthrough to the cryptoworld and will encourage mass adoption of the blockchain technology and the cryptocurencies. The Token sale is ongoing, check the information below and also read the CRYPTOSOUK self explanatory white paper as well as their well designed website to get more information on how to be a part of this unique platform.
For More Information:
Website : https://cryptosouk.io/ico
Whitepaper : https://cryptosouk.io/pdf/whitepaper_v2.pdf
ANN Thread : https://bitcointalk.org/index.php?topic=4515317
Twitter : https://twitter.com/CryptoSouk
Facebook : http://fb.me/CryptoSouk.io
Telegram : https://t.me/cryptosouk_community_en
Reddit : https://www.reddit.com/r/CryptoSouk/
Author : sirop
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