Over the years, Cryptotraders have had to face various problems that has hindered smooth transactions in the crypto market, especially on the part of new investors. These problems vary from one exchange to another, and they basically include the following:
• Transaction delays in cryptocurrency trading
• Security/Cybercrime activities
• Inability to convert your crypto to fiat
• Poor User interface, to mention but a few
In order to solve these problems that are being faced by crypto traders, a new exchange platform will be launched and it goes by the name "Calfin Global Crypto Exchange or CGCX".
Calfin Global Crypto Exchange or CGCX is a state-of-the-art highly sophisticated hybrid trading platform. The primary aim of the CGCX exchange is to eliminate some of the problems that crypto traders are currently facing in various exchanges. Unlike other crypto exchanges, CGCX is bringing in an entirely different concept on how crypto exchanges should operate.
So let's take a brief look at the new features that CGCX will be offering to it's clients.
• Exchange with Liquid Orderbooks: Some exchanges lack the necessary volume of some cryptocurrencies, thereby making some transactions take days before being processed. CGCX promises that Entry and Exit would never be an issue for traders in their exchange. CGCX exchange will offer increased liquidity with better depth, leading to lesser price impacts.
• Security/Cybercrime activities: In a world where digital security breaches is the order of the day, security of funds against theft has been a major concern in the crypto world. The security of some exchanges has been breached severally with their clients losing almost all their funds. Till now, some exchanges still find it unnecessary to incorporate adequate security system and structure to make their sites hack proof. At CGCX, the security of our clients is a priority, as a unique security feature, all tokens
stored on our exchange wallets are insured against cyber attacks and hacking. The state of the art features of the CGCX platform can withstand concurrent orders of more than 1 million per second and will ensure the security and stability for its users.
• Inability to convert your crypto to fiat: Unlike most crypto exchanges that offer only crypto to crypto trading platform, at CGCX, we offer both crypto to crypto and crypto to fiat trading platforms. Traders will be able to purchase major cryptocurrencies with their Fiat with easy.
• Poor User interface: Some exchanges have very poor and unfriendly user interface that is nothing to write home about. At CGCX, our unique friendly multi user interface caters for everyone, from the casual, first time users to the veteran and institutional traders.
Basic User interface
Advanced User interface
Unlike most crypto exchanges that offer only cryptocurrency trading platform, CGCX is uniquely positioning itself in the blockchain world by providing four modules under a single platform to offer a wide range of services to its customers.
CGCX will be offering the following services to its clients.
• CGCX; Exchange for everyone :
Calfin Global Crypto Exchange - CGCX will offer a state of the art, highly sophisticated hybrid platform. The CGCX exchange is a hybrid because it offers both crypto to crypto trading and crypto to fiat trading platforms. Transactions done on the exchange with the CGCX token will get a discount of 50% discount on the trading fee. CGCX token is a utility token built on the ERC20 standard protocol that will be used in the CGCX ecosystem.
• ICO platform : Every Month CGCX will offer its clients, the ability to choose by voting, which token or coin should be listed on CGCX exchange. The coin with the most votes will earn a place to list on the CGCX exchange, subject to final review by CGCX. Each participant in the voting process will have at least 0.1 CGCX token.
• Merchant Solutions : Merchants or online vendors can start accepting payments in cryptocurrency in just a few minutes by plugging-in the payment gateway or installing the CGCX Point-of-sale (PoS) application (web-based and Mobile app) and benefit from a lower transaction fee and wider reach.
• Smart Contracts : CGCX will facilitates the creation and digitisation of certain types of assets like trade agreements and bank instruments. This improves the turnaround time with low transaction cost. This allows for automated settlements and trades based on predefined conditions, which will trigger the self-execution of these smart contracts.
CGCX TOKEN DISTRIBUTION AND CROWDSALES
The ticker symbol for the CGCX token is CGCX. The token is built on the ERC20 standard protocol. Here are all the details about the CGCX token.
Ticker: CGCX
Total Number of tokens : 2 billion CGCX tokens
ICO distribution- 50% (1 billion CGCX Tokens)
Soft cap= 5,000,000 USD
Hard cap= 1 billion CGCX Tokens
Price rate- 1 ETH=8500 CGCX Tokens
Minimum investment- 100 USD
Presale (1st to 15th May, 2018)
Main Sales/TGE (1st to 30th June, 2018)
TOKEN ALLOCATION
SAFT, Pre Sales & Public 50%
Future (Development of Platforms, Integrations and R&D) 19%
Seed (Founders) 10%
Vesting (Team & Operations) 10%
Marketing & Bounty 11%
FUND ALLOCATION
Business Development and Geographical Expansion 15%
Working Capital 20%
Product Enhancement and R&D 30%
Marketing & Sales 20%
Team & Operations 15%
CGCX is here to take crypto trading to the next level. CGCX plans to eradicate and eliminate all the challenges which make trading cumbersome and complex by implementing all these unique features to their exchange platform. This will help ease the growth of cryptocurrency at large.
Sources:
Website: https://cgcx.io
Whitepaper: http://bit.ly/cgcx-whitepaper
Litepaper: http://bit.ly/cgcx-lightpaper
Telegram: https://t.me/cgcxio
Twitter: https://twitter.com/CGCXofficial
Facebook: https://www.facebook.com/CGCXofficial/
Reddit: https://www.reddit.com/r/CGCXofficial/
LinkedIn: https://www.linkedin.com/company/cgcxofficial/
Medium: https://medium.com/@CGCXofficial
Instagram: https://www.instagram.com/cgcxofficial/
Authored by : Manhenro
Bitcointalk Username : https://bitcointalk.org/index.php?action=profile;u=1202089
ETH Address : 0x2B120D512ffCe169a7C80A6a77Fcd37C281EC5DF