COOPEX PROJECT (ICO REVIEW 2018)-THE COPERATIVE EXCHANGE

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Hi! everyone all over the world, as usual ! all of you know's, I always carry you along with any information about good crypto related projects through my blog.

INTRODUCTION:

Millions of new investors began trading cryptocurrencies. Of course, as with any investment vehicle, there are many different trading strategies, so it’s important to identify which one suits you best.

To be successful in the world of cryptocurrency trading you must know the market very well, but above all, you must know yourself. Perhaps this is even more important than knowing the market, and your future in the world of crypto may depend on this level of self-honesty.

In general, there are four types of cryptocurrency traders based on the time they take between the opening and the closing of an operation (between buying and selling or vice-versa). You can combine two or more strategies, but the important thing is to know how to distinguish them and the differences in each one. From shorter to longer times, the types of trading are:

Scalping:Scalping is a type of cryptocurrency trading which is based on buying and selling almost instantly. It is perfect for those looking for a fast trading style. The scalper does not take his eyes off the screen, seeing the variations in real time. These trades typically don’t last more than 5 minutes.
This type of trading requires a lot of leverage to obtain considerable profits, and it involves opening and closing many operations on the same day. The idea is to bet a lot of money to get very little profit but in a brief time.
The analysis of trends is not very important in this type of trading because short-term predictions are less accurate. If you are a scalper, you must know how to make quick decisions. You cannot “get attached” with a coin, and you must be very strict with your limits of Take-Profit and Stop-Loss.

Day Trading:Day trading is a short-term trading strategy that consists of opening a few positions at the beginning of the day and closing them at the end. This way, there is a greater range of action and a quieter period of operation, controlling the risks of leaving a trade open for a few days and suffering a change of trends by an unexpected event. i.e., if you live in the United States and leave a position open, bad news from Asian governments may cause a fall while you sleep. In the same way, some good news may generate an increase, but at the end of the day, what matters to the Day Trader is having control over the information.
The most common candles daytraders operate with are candles from 15 to 30 minutes. Sometimes they observe 4-hour behaviors to see if their trading is part of a trend.
They use indicators and technical analysis. The most recommended ones are the MACD and the RSI.

Swing Trading:This is the most common type of trading in the cryptomarket. Generally, because of the significant volatility of altcoins, traders buy a currency and then change it to USD, BTC or ETH only to buy another altcoin and thus maintain their wave of profit (most altcoins are quoted mainly against Bitcoin).
Swing trading cryptocurrencies consists of opening trade and leaving it for a reasonable period of time, from hours to several days. They generally use candles from 12 hours onwards with other essential indicators. One that is not usually missing is the volume of the market. The use of technical analysis is of great importance.
The most common indicators are the MACD, RSI, Stochastics, however many prefer to use other signs that provide a more general view of market behavior: Fibonacci Regressions, Gann forks, Bollinger, EMAs, etc.

Position Trading:Position trading is a trading strategy that is more “investment” than “trading.” It consists of opening positions and leaving them for several weeks to years. It requires extensive knowledge of aspects beyond the technical ones. Long-term investors are willing to take a significant amount of risk in favor of the possibility of making a considerable amount of profit.
An in-depth study is necessary to know the reliability of each move that is made, for this reason beyond the technical analysis, traders must continuously apply fundamental analysis studies.
The most common candles studied go from 1 day to 1 month depending on how willing investors are to maintain their position.
But above all, as serious as the trading world may be, make sure you enjoy your trip.

In reference with the motion of this article, Today! I will be presenting you a particular undisputed project called: COOPEX

WHAT IS COOPEX?

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The cooperative exchange (COOPEX) is the first cooperative exchange platform that aims at doing away with the traditional cryptocurrency exchange for new and small blockchain projects.

ABOUT COOPEX

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The exchange also takes a long time after payment has been received. This ruins the permeability and credibility of projects instead. Moreover, there is no transparency in the cryptocurrency space concerning how the exchanges are done. The exchange users and employees, therefore, are left in the dark with no knowledge of how the exchanges operate.

COOPEX therefore, aims at solving these issues by rewarding loyal exchange users thereby allowing them to earn rewards for trading and any other activity. The loyal users will also have a say in the affairs of the cooperative by taking part in voting and other project listing processes.

COOPEX intends to form a positive and cordial relationship with traders. The exchange will offer many other benefits

The Cooperative Exchange – also known as COOPEX – is the world’s first cooperative decentralized exchange aimed at overhauling traditional cryptocurrency exchange reward programs and exorbitant listing fees for new and smaller blockchain projects.

COOPEX offers a unique token buyback program where every month, 75% of COOPEX trading fees are collected and used to buy back and burn COOP tokens held by users – the native token and currency of COOPEX. We will also offer margin trading and liquidity provision for select markets on our platform. Get started today and head over to coopex.market to participate in our ICO running until August 3rd, and become part of the world’s first cooperative exchange where user’s voices are not only heard but rewarded.

THE BENEFIT OF COOPEX

Dividends Program and Token BuybackCOOPEX will collect 75% of exchange trading fees once every month. The fees will be used to buy back and in the burning of COOP tokens.

Token holder votingThe platform will feature a voting system for every token holder. The holders will have abilities to vote on:

Token and token listing
Exchange policies
Hybrid decentralized exchange

The team understands the power of blockchain technology and the benefits it offers. They will move all Ethereum assets to a smart contract. The exchange will be a decentralized hybrid exchange with the commitment of making it fully decentralized later on.

Margin tradingThere will be a margin trading with up to 50 times on a market selection.

ERC Tokens Free Exchange Listings

The free exchange listings intend to ease the listing for new and smaller projects as all the projects will be based on Ethereum blockchains.

Liquidity and Market MakingSeveral cryptocurrency exchanges are illiquid hence the trading of a project can decrease and increase dramatically. A partnership with liquidity providers will, however, enable COOPEX to make trading much more comfortable for everyone.

Coopex Coin ListingsCOOPEX will cater for new and small projects that have not been listed on large exchanges.

Upon its launching, COOPEX with hence support the following coins:

Bitcoin (BTC)
Bitcoin cash (BCH)
Ethereum (ETH)
Dai (DAI)
COOPEX token (COOP)
Marketing

The COOPEX team will use 50 % of all ICO funds raised in long-term marketing. The team is confident that the ICO funds will produce enough marketing fund. However, if the ICO funds will not be enough, a percentage of the trading fees will supplement the insufficient marketing budget.

Coopex COOP TokenCOOPEX will use Cooperative Exchange Token (COOP) as their native platform token. Anybody will be able to buy the token from the actual COOPEX market.

The buyback process will increase the price of COOP tokens hence decreasing their supplY.

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COOPEX ICO ANALYSIS

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The ICO is a natural supplementary funding source to further accelerate the development and global adoption of the COOPEX PLATFORM

Strengths

Token allocation and revenue share model are very investor-friendly when evaluating long-term demand for the token.
High engagement and positive sentiment in the community, though the social media followings are a bit modest for the time being

Potential concerns

The team size is pretty small for launching an exchange with massive expansion plans, though there is likely to be more members recruited when the project advances.
The ICO would benefit from having all the team members and advisors linked to the project on LinkedIn to build trust.

COOPEX TOKEN ANALYSIS