A Cryptocurrency exchange is an online platform where one can exchange cryptocurrency for another cryptocurrency or for paper/fiat currency. In simple terms, this platform provides similar activities as obtained in the stock exchange or currency exchange at the banks and airports. This platform provides an avenue where cryptocurrency buyers and sellers can converge and do their transactions based on the current market price of the cryptocurrency or through stockbrokers or through peer-to-peer direct sales between buyers and sellers but how secure are these cryptocurrency exchanges these days? Although these question might seem so cheap and simple for the old lads in the crypto business ecosystem, on the other hand, for newbies of the crypto world, these question might be a Herculean task to embark on.
What is CGCX?
CGCX is a hybrid cryptocurrency exchange platform that processes extensive and exceptional activities for users, institutions, and traders. This crypto exchange platform is an integration of four units into a single platform to offer a variety of services to its users. CGCX provides the functionalities for users to trade on different kinds of coins in an easy manner; with a synchronous order processing rate of more than 1 million orders per second. Security is not treated with kid gloves on this platform as all tokens stored on its platform are insured against cyber attacks.
CGCX Platform
CGCX is built to offer more secured and variety of transactions in the crypto exchange world. To take care of the needs of the newbies, CGCX's special user interface considers all the needs of first-timers, veterans, experienced and non-experienced traders in using its trading tools when carrying out transactions. This platform has been made available in iOS and Android mobile platforms for better and wider use.
AMAZING FEATURES
Smart Contracts
This platform allows automated settlements, digitization of assets like trade agreements which helps to improve transaction requests fulfilment time and reduces the cost of transactions too.
Merchants Agreement
In just a twinkle of an eye, online vendors can accept payments in cryptocurrencies such as ETH and BTC or CGX(CGCX) by installing the web-based or mobile app Point-of-Sale applications and enjoy lower transaction fees.
Alt Tokens Listing
This is known as Alternate Cryptocurrency voting program, which is a monthly activity that affords users the opportunity to use CGCX tokens to vote for their preferred alternate cryptocurrencies to be listed on the CGCX exchange platform.
CGCX Token
CGCX token is a decentralized and ERC20 standard token issued on the Ethereum blockchain network. It supports all Ethereum wallets and can be transferred on the Ethereum network. It's a utility token that can be used as a means of exchange on the platform, deployed in the execution of smart contracts and also be used to vote in the Alternate Token list
Platform (CGCX) Benefits
Users who execute their transaction trade activities with the CGCX tokens will be granted 50% transaction price discount; this is only applicable to those who only use the CGCX tokens for all their transactions on the platform. Furthermore, payments on the platform with the CGCX tokens place users in the position of having some discounts on different products and services from the merchant partners. While merchants enjoy lower transaction fees if they accept CGCX tokens as the currency of payment.
Lastly, its token CGCX, serves as a means for paying transactional charges as well as smart contract settlements.
In order for individuals to enjoy the services offered on the platform, the need to acquire the platform native currency is very important and that is why the team behind this project is offering its token sale to early investors. visit the following links for more information and key in an early investor.
Website: http://cgcx.io/
Telegram:https://t.me/cgcxofficial
Twitter: https://twitter.com/CGCXofficial
Facebook: https://www.facebook.com/CGCXofficial/
Whitepaper: https://www.cgcx.io/wp-content/uploads/2018/04/23-april-2018-CGCX-Lightpaper-new.pdf
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