CATEX is not just another crypto trading or mining platform on blockchain, but it’s an innovative platform uniquely designed to offer crypto traders, miners as well as investors the best experience they have ever longed for in the cryptoworld. Please spare some minutes and read this article as I am about enumerating the uniqueness of this great project and reasons you shouldn’t miss being a part of CATEX community.
INTRODUCTION
Do you know that despite the innovative characteristics of the blockchain technology and the use of cryptocurrency, a lot of people are yet to adopt this technology and enjoy the benefits? This, in my in my opinion, is simply due to the challenges that are facing crypto activities such as Trading, mining and investing generally. Although there are several crypto trading (some big and centralized with huge listing charges and others Decentralized Exchanges) as well as mining platforms, all of them seem to have some forms of loopholes hindering their effective functioning. CATEX was therefore designed to seal these loopholes and offer users their desired outstanding crypto benefits.
ISSUES AFFECTING THE EFFECTIVE FUNCTIONING OF OTHER CRYPTO MINING AND TRADING PLATFORMS.
Some of the factors hindering traders and miners from being fulfilled when using other Exchanges to trade or when mining on other mining platforms are as follows:
For Exchanges:
i. Lack of adequate tools for the security of traders funds
ii. Lack of transparency while trading
iii. Complicated user interface which does not allow beginners to successfully carry out trading activities
iv. High trading /transaction fees
v. Low speed of transactions: users have to wait for a very long time before withdrawal is successful.
vi. Lack of proper incentives to encourage traders
vii. Price instability: some other big traders (Whales) are able to manipulate the prices of coins to the detriment of other traders.
viii. Poor customer support services with language barrier.
For Mining platforms:
i. High consumption of power
ii. Expensive mining fees
iii. Negative effect on the environment due to the high power consumption
iv. No incentives or rewards
V. poor or difficult user interface
vi. Huge total and circulating supply of token which affect the price negatively thereby causing investors to lose their money.
CATEX AS AN INNOVATIVE MINING AND TRADING PLATFORM
Catex is specially designed as a crypto Exchange and at the same time a mining platform where traders are also able to mine CATT as they trade other listed cryptocurrencies on Catex. How is this possible? One may ask, that is why Catex is different from other platforms. On Catex, when a trader buys or sell coins , the fees paid for trading is given back to the trader by mining CATT directly to his or her account and Catex does this with 5% bonus of trading fees, that’s a great and an outstanding idea to encourage users isn’t it?
UNIQUE BENEFITS AND ADVANTAGES OF USING CATEX THAT ARE NOT FOUND ON OTHER PLATFORMS.
There are a lot of advantages and benefits users of Catex stand to gain when using the platform, most of these benefits are not applicable to other trading or mining platforms. That is why I keep saying that Catex is outstandingly different from others. Some of the advantages include although not limited to the following:
i. Price stability: On Catex, despite the fact that mining also takes place they have created modalities to control the token total and circulating supply respectively. Catex has a buy back as well as token burning program where they have used to significantly reduce the initial Total supply of CATT from 10billion of 2018 to 2billion right now and the Circulating supply reduced to as low as about 170.35 million CATT . This is really unique when we compare Catex to other exchanges or mining platforms.
ii. Users of Catex indirectly do not pay trading fees unlike other Exchanges, rather Catex mine its token back to traders account in place of their trading fees paid and amazingly, not just the trading amount, but with a huge 5% bonus.
iii. Dividend sharing: As if other great benefits are not enough, Catex also carry out dividend sharing, where it distributes 90% of the dividend raise per day to users according to the amount of CATT locked by users.
iv. Catex is an Exchange managed by community members, that is to say that , major decisions concerning the platform are made by the community and only a few responsibilities are handled by the team members. , this is one factor that differentiates Catex from others who do not consider the opinions of the community members rather all decisions are made by management and developing teams and later impose same on users.
v.Effective customer support services: the support service offered by Catex team is second to none, it’s really amazing that users on Catex could directly chat with the three major developing team members on Telegram, and these telegrams are created for users of different languages so as to avoid language barrier. I have never seen this anywhere on the cryptoworld. Instead others only have admin representing the team on telegram groups and these people do not a first solution to user’s challenges, which is usually a problem. Thanks to Catex for making a difference.
CATT EXCHANGE
BENEFITS OF CATT TO HOLDERS
i. Holders will benefit from the daily dividend sharing depending on the amount they are holding, but a minimum of 200 CATT is required to be eligible to receive the dividend.
ii. With the price controlling modalities, holders will make profits due to low token supply.
iii. Only holders of Catt have full right to vote and make other decisions as community members
CONCLUSION
Thanks to the developing and management team of Catex for intelligently creating such an amazing platform. Indeed the benefits and advantages of Catex is such that will draw many to the cryptoworld. Do not just be told of this crypto revolution but be a part of it as you join CATEX community today.
CATEX TEAM
Below are the links to social media as well as the websites please do well to visit for more information.
Website: https://www.catex.io/
Twitter: https://twitter.com/catexofficial
Telegram: https://t.me/catex_group
Facebook: https://www.facebook.com/officialcatex
Authour’s btt url: https://bitcointalk.org/index.php?action=profile;u=2281902;sa=summary
Authour’s name : funex
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