Every year, the production of virtual currencies is becoming less profitable due to the high cost of electricity and specialized equipment. In this regard, fewer and fewer people are willing to engage in the process of cryptocurrency mining and more and more people are seeking to use exchanges for profit, allowing to trade digital assets.
At the moment, there are a huge number of crypto – currency exchanges in the world that offer favorable trading conditions, but have one significant drawback-a high Commission fee. But among this huge number of exchanges there is a very worthy candidate.
Today's review is devoted to a very interesting project, which in my opinion will be able to radically change the situation and will increase the funds of its customers, instead of charging a high Commission. The name of this site is Catex.
Project objective
The team of Catex developers intends to provide crypto traders with an interesting opportunity, not only to trade with the most favorable conditions, but also to increase their funds through mining trading.
Principle of operation
The work of the platform will be carried out through two main components:
- Cat Exchange - exchange for virtual currency trading;
- CATT - internal coin of the platform.
Catex exchange offers its customers a completely new model of crypto-trading, which is not used before by any of the most famous trading platforms – mining trading. This type of trading involves the extraction of digital assets through the use of the internal currency of the exchange. In a more accessible language, the process of buying or selling virtual currency will create a CATTtoken, which will be credited to the merchant's account in exchange for the fee paid.
In addition to all the above, this exchange shares its profits in exchange for blocking CATT tokens. The amount of the reward depends on the share of ownership of the coins, as well as on the duration of the blocking period:
- 7 days of blocking - 50 percent of platform revenue;
- 15 days of blocking - 60 percent of platform revenue;
- 30 days of blocking - 70 percent of platform revenue;
- 45 day lock 80 percent of the revenues of the platform;
- 60 day lock 90 percent of the income of the platform.
The remaining amount of profit is used by the exchange for equipment maintenance, personnel payment, advertising and further development.
It is also worth paying attention to the fact that payments from the platform's revenues are made daily.
Developers also understand the importance of maintaining the stability of the value of coins. In this regard, part of the coins blocked by traders will be redeemed after the blocking period.
One of the main features of the exchange that distinguish it from other crypto-currency trading platforms is the presence of a voting system that allows investors to independently determine the path of development of the exchange. If no option satisfying the investors was proposed during the voting, they can put forward their proposals and put them to a General vote. In addition, this voting system allows you to quickly and effectively solve the most pressing problems of the exchange, as well as issues related to the inclusion in the listing of a currency, which provides the most pleasant trading for all traders.
In addition to all the above advantages, the CatEx exchange will soon launch a lottery, where each participant can try his luck and get a big reward. This is really great news for all fans of excitement!
Conclusion
Cryptocurrency trading platform provides its customers not only the opportunity to trade with the most favorable conditions, but also additional income, which makes it very attractive for most traders. By using Cat Exchange to trade digital assets, traders will be able to earn on both price changes and internal CATT tokens.
At the end of my review, I would like to add that the Catex exchange really deserves attention from both investors and traders, as it has a multilingual interface and instructions in different languages. As well as the ability to trade using smartphones on the IOS platform and on the Android platform.
I believe that this project has all the chances of success in the crypto community and is able to bring profit to its investors in the near future. Everyone who found this project interesting, I recommend to study it in more detail, for this I have prepared a list of all the most important resources where you can find the answer to any question. Good luck!
Official resources of the project Cat.Ex:
- WEBSITE: https://www.catex.io/
- TELEGRAM: https://t.me/catex_group
- ANN THREAD: https://bitcointalk.org/index.php?topic=5099776.0
- FACEBOOK: https://www.facebook.com/officialcatex
- REDDIT: https://www.reddit.com/r/Catex
- DISCORD: https://discord.gg/cYmm6Y2
- IOS: https://www.pgyer.com/5dVR
- ANDROID: https://www.catex.io/download/Catex_1.0.3.apk
AUTHORSHIP:
- MY BITCOINTALK USERNAME: GPScrypto
- MY BITCOINTALK PROFILE LINK: https://bitcointalk.org/index.php?action=profile;u=2535461
- MY ETH ADDRESS: 0x9a02710019646974D4cD261836090281dDdB1e1f
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