a Cryptocurrency Exchange Platform that Facilitates Extensive and Specialized Functions

maiyi (3)in #cryptocurrency • 6 years ago

Within the last two years, cryptocurrencies have gained popularity and are quickly becoming more and more mainstream, thanks to increased global adoption. With the development of blockchain technology, many existing functions provided by banks, financial institutions, and corporations will be replaced with platforms that are able to make use of blockchain technology to lower transaction costs and increase security and reliability.

At its core, CGCX is a high-availability exchange platform that offers a straightforward, user-friendly interface for both individual investors, as well as institutional traders. As a hybrid exchange, CGCX will offer both crypto-to-crypto in addition to fiat-to-crypto trading pairs. As part of our dedication to user experience, we will offer 24/7 customer support, as well as merchant solutions for existing businesses to help them incorporate cryptocurrency and smart contracts into their current workflow. Moreover, to provide peace-of-mind to our users, on top of implementing strict security measures for our infrastructure, we will also channel some of our revenue towards obtaining insurance coverage that will provide financial protection for our users.

CGCX endeavors to create a large, viable economy that can boost the mass adoption of cryptocurrency. We have established comprehensive methods that are capable of molding the foundation of a strong community of cryptocurrency users, including, but not limited to, companies, startups, traders, buyers, and merchants.

CGCX is a cryptocurrency exchange platform that facilitates extensive and specialized functions that are designed for a range of users, from an everyday user to institutions and advanced traders. CGCX is an all-in-one Exchange that allows its users to buy and sell different coins on its platform. By unifying all transactional aspects, it makes buying and selling coins easier for the users.

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 of its users.

CGCX Token
The CGCX Token is an integral part of the CGCX ecosystem. Tokens will be issued on the Ethereum blockchain using a Smart Contract. The platform maintains a total issuance volume of 2 Billion tokens. It is a decentralized cryptocurrency based on standard ERC 20 token protocol. The CGCX Token supports all Ethereum wallets and will be freely transferable on the Ethereum platform. CGCX Token is not a security token with equity rights but rather a utility token.

Value of CGCX Token

Participate in CGCX exchange trading and earn discounts
CGCX Tokens can be used to pay the transactions fee for the trades executed in the exchange and earn discounts up to 50% on the transaction fee. This discount is not available for others who do pay transaction fee with other currencies.
Your preferred mode of payment with merchants
The user can get various products and services from the merchant partners at a discounted rate while paying with the CGCX Token. Merchants would be offered lower transaction fee when they accept CGCX tokens as a mode of payments.
Participate in ICO voting in CGCX ICO platform
Users in the CGCX platform can vote for multiple tokens listing using their CGCX Tokens. We plan to use 50% of tokens received in the voting fee for insurance costs to build further insurance protections against cyber-attacks.
Use in CGCX smart contract platform
Our platform includes smart contracts, involving trade finance and other agreements in an automatic, secure and transparent way. CGCX tokens benefit users by providing utility to pay for transactional charges, making escrow and settlements for Smart Contracts.

ICO

Price: 1 ETH = 8500 CGCX Tokens
Soft Cap: USD 5 Mn achieved
Hard Cap: 117647 ETH
Mode of Payment: ETH | BTC

Roadmap

2017

July
Idea Conceived & Partners Onboarding
September
Product Development Started

2018

January
Engaging Legal, Marketing & Advisory. SAFT - Completed In 3 days
March
Website Launched, Token Creation & Bounty Program
May
Pre Sales (May 1 - May 15), Beta Testing of Exchange Platform, Main
Sales (June 1 - June 30), Launch of Exchange, Mobile App, Wallet
July
The launch of ICO Platform: Voting Engine
September
The launch of Smart Contracts

2019