Hello Good day once again, i will like to take you through on a hybrid cryptocurrency exchange that combines the advantages of centralized and decentralized exchanges, announced today that it had achieved success with its initial coin offering (ICO) despite challenging market conditions. As of today, CoinCasso raised USD 2.5M by selling 6M CCX tokens in total.
Almost all financial institutions are centalized or state-owned. When making transactions for the purchase and sale of any goods or services, banks charge a Commission. At the same time, centralized banks use an outdated concept of work that does not guarantee transparency, security and reliability of financial operations. With the advent of cryptocurrency exchanges, the situation in the entire financial market has changed. Unfortunately, a certain part of exchanges used the model of banking systems, which made the situation around digital currencies worse.
To solve all the problems listed above and combine the best features of the traditional blockchain system and technology, the specialists developed the CoinCasso project.
COINCASSO POINT OF SALES INTEGRATION
coincasso POS (point of sales) machines will be made available by the platform for interested vendors to use, vendors can choose to accept digital assets or FIAT (government issued currency.) after selling their merchandise to customers. After payments are made by a customer, the vendor will receive payment instantly in either his digital wallet or bank account.
Centralized Exchanges
Centralized cryptocurrency exchanges are intermediaries or escrows that enable the transfer or conversion of cryptocurrencies one digital wallet of a user to another
But for the feature of exchanging cryptos, centralized exchanges are more or less a bank because of their autonomous control over assets and the entire system.
Users must trust the system to handle his/her assets like the traditional bank setup. They still carry the risk of attacks because they operate with a central hub, an example is Bithumb, a centralized digital currency exchange, hacked June 19, 2018, reportedly lost $32 million!
Unlike decentralized exchanges, centralized exchanges can be potentially manipulated by governments. Moreover, these exchanges don’t commit themselves to fully cooperate with their users; they leave them out of the loop by making ultimate decisions on tokens to be removed and added, thus, they do on fully support the growth of the blockchain industry.
However, there are bright sides to centralized exchanges. When compared to their decentralized counterpart, they offer quicker transactions, higher liquidity, greater trading volume and payments in fiats and cryptos.
COINCASSO MOBILE APPLICATION
coincasso hired top developers to create a state of the art easy navigable interface for users, they can access their accounts whenever they want and wherever they are. The mobile application will allow instant transfers (send & receive.). The software will soon be made available for users of all kinds of devices, with the virtual card or ATM (automated teller machine) functionality with a low transaction fee.
Decentralized Exchanges
Decentralized Exchanges are cryptocurrency exchangers or converters who do not store user’s data or keys. Assets are never held by an escrow service, and transactions are done entirely based on smart contracts and atomic swaps. Decentralized exchanges such as Etherdelta, IDEX and HADAX do not store users' funds on the exchange, but instead facilitate peer-to-peer cryptocurrency trading. Decentralized exchanges are resistant to security problems that affect other exchanges.
The CoinCasso platform has many advantages, which include a large number of different functions and tools and a hybrid structure. The platform will be a great solution for private, corporate and any other clients who have digital currency for exchange. The platform is a multi-layered tool that combines centralized and decentralized
technologies. This combination will create a promising project in the financial market.
CoinCasso Core Features Include:
● FIAT currencies and all tokens accepted
● High TPS(Transactions Per Second) with high scalability in case of high traffic
● Trade margin
● High-Security Level
● 9 Types of order in a trading
● Optimized UI/UX
● Trusted ICO/STO Provider
● Profits and bonuses for CCX(CoinCasso token) holders
● 24/7 Users Support
CoinCasso profits will stream from a number of sources. They include:
• CoinCasso Exchange 2.0
• CoinCasso Pay Wallet App
• Quick exchange
• Payment gateway
• A network of ATMs
• PoS - payment terminal.
CCX Token
The CoinCasso platform is powered by the CoinCasso token called CCX.
Token Information:
Platform: ERC-20 (Ethereum)
Max-supply: 100.000.000
Decimals: 18
Contract: 0x395dc9a82e3eef962b0355a3d4e6819e9af776d2
Usefull links To Look out For:
WEBSITE: https://coincasso.io
TELEGRAM: https://t.me/ccxofficial
WHITEPAPER: https://coincasso.io/#whitepaper
ANN THREAD: https://bitcointalk.org/index.php?topic=5053992.0
FACEBOOK: https://www.facebook.com/coincasso
TWITTER: https://twitter.com/CoinCasso
MEDIUM: https://medium.com/@coincasso
BLOG: https://coincassogroup.com/blog/
REDDIT: https://www.reddit.com/user/CoinCasso
VK: https://vk.com/coincasso
LINKEDIN: https://www.linkedin.com/company/coincasso/
YOUTUBE: https://www.youtube.com/channel/UCRGIWPbcK7pPlZ0bePHZxDQ
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