COOPEX EXCHANGE

sandycee(44)

Published in

#cryptocurrency

Words

699

Reading

4 min

Listen

Play

Individuals are always buying cryptocurrencies and the simplest way to do that is through Exchanges due to the fact that exchanges provide easy crypto buying options through fiat currency. Due to increasing prices of cryptocurrency, everyone rushed to exchanges. This caused the exchange servers to be overloaded and eventually have to stop registering new accounts.

Exchanges take huge profit from crypto otrading, depositing and for withdrawing funds through fees. There is need for a transparent Exchange as some of the present ones turn out to be scams. Some of the Problems encountered in today’s exchanges include lack of transparency, high trading fees, exchange listing problems, inadequate support. COOPEX provides a transparent Exchange platform and proffers solution to the current faced exchange problems.

COOPEX

COOPEX is one of the most advanced and robust cryptocurrency trading platforms designed in a Very user-Friendly Manner to Enable People From All Regions and Backgrounds Get a Stronghold Of the Ideas Revolving Around the Blockchain and the Cryptocurrency Space.This time, the digital Currency Exchange Market is Filled With a Wide Variety of Choices, Therefore Choosing the right Exchange or Trading Platform Can Be Quite A Headache For Both Novice and Veteran Cryptocurrency Users.

REASONS TO CHOOSE COOPEX

The Cooperative Exchange ( COOPEX ) is here to make friendly relationship with its users. The cooperation with its traders and rewarding them for trading is the aim of coopex. At COOPEX users have to decide which coin to be listed on the exchange on voting basis. Voting will be transparent, which increases trust. COOPEX will be more Transparent with its users on exchange policies and terms.

• Token Buyback & Dividend program - Every month COOPEX will collect 75% of the trading fees to buyback and to burn COOP tokens. This very much similar to BNB but over 3x effective. COOPEX also intended to dividend for token holders.

• Fee structure - In COOPEX the majority of the trading fee will be back to the investors and traders. COOPEX has planned to charge 0.20% for makers and 0.25% fee for takers. No deposit fee and the withdrawal fee will be equal to the network fee, which is necessary for network transaction.

• Liquidity provision : Liquidity is the important factor without which traders cannot trade. In order to fuel liquidity, projects which have significant volume on separate exchange will be able to justify their need for liquidity provision. By selling some portion of Tokens to the exchange, liquidity will be increased.

• Customer service - In order to provide better customer support COOPEX has planned to hire professionals and reputable customer team like Zendesk.
• Margin trading - COOPEX plans to start margin and leverage trading like Bitmex by August. COOPEX will provide real time settlement in margin trading. COOPEX will provide upto 50x for leverage trading.

• Hybrid decentralised exchange - Ethereum based ERC20 tokens support smart contracts. COOPEX aimed to make a decentralised exchange. But non Ethereum based coins like Bitcoin and Bitcoin cash will not support smart contact. Because of this COOPEX first begin with establishing hybrid decentralised exchange. And committed to become entirely decentralised in future.
• MVP already completed :
COOPEX exchange is already built and it is functional. COOPEX uses 50% of its ICO funds towards marketing. Marketing increases the audience and value of token.

ICO Details:

The pre-ICO began on June 18 and lasted until July 1.The ICO began on July 3. The ICO will last for one month or until 9,000,000 tokens are sold, whichever comes first. The price during the ICO will be approximately $0.10/COOP, and the prices in BTC/BCH/ETH may be adjusted to meet that price. Current prices are as follows:
1 COOP = 0.0000144 BTC
1 COOP = 0.00012 BCH
1 COOP = 0.0002 ETH
Expected circulating supply: 10,000,000
Expected total supply: 12,000,000
COOPEX is launching an ICO for the COOP exchange token. There are three ways that you can participate in the ICO. Purchase COOP tokens directly from the exchange. Coopex Exchange support BTC, BCH, and ETH.