The New Standard for Cryptocurrency Exchanges Has Arrived: Introducing CGCX

longgong (25)in #cgcx • 7 years ago

Cryptocurrency exchanges often only offer just that – a platform in which you can buy and sell a variety of digital currencies. As the demand for blockchain technologies and cryptocurrencies increases, exchanges haven’t quite managed to keep up with the innovations that blockchain startups provide and have been ‘single purpose’ for quite some time now.

Calfin Global Crypto Exchange (CGCX) has a vision for change; should cryptocurrency exchanges wish to not only survive but thrive in the era of blockchain they need to provide a lot more than just investment opportunities. CGCX tightly wraps four essential modules into one sophisticated platform, going beyond the standards of the exchanges available today.

CGCX Platform Features

Firstly, the easy to navigate the exchange module has all the classic traits of a high functioning exchange with a versatile range of available order types and attributes amongst other innovations that give CGCX an edge. On top of this, the exchange boasts multiple and competitive fiat-to-cryptocurrency exchange rates, which include: Euro (EUR), US Dollar (USD), Korean Won, Singapore Dollar (SGD) and more.

CGCX also boasts a payment system which brings an easily integrated point-of-sale system for merchants who wish to accept cryptocurrencies. For businesses in e-commerce, the CGCX plugin or API is an excellent tool with features such as:

Multi-Currency Conversion
Integrated exchange rates
Know your customer
Reports & Analytics

Members of CGCX who are customers and using merchant platform will receive discounts, promotions and be part of the CGCX global loyalty programme. The third module is an ICO platform bringing the entry barriers to the prevalent crowdfunding method down. CGCX will perform all the legal and ethical checks prior to listing an ICO in the voting pool, which is where registered users can vote to have an ICO listed on the exchange and easily participate in the sales.

Smart Contracts are the fourth module in the CGCX arsenal that ties the platforms functionality, speed and cost efficiency together; CGCX facilitates the digitisation and creation of certain types of assets, i.e. trade agreements and bank instruments. This allows for settlements to happen automatically, self-executable trades and settlements will trigger once the predefined conditions of the contract are met. This improves turnaround time with a low transaction cost.

The CGCX exchange is also insured against cyber attacks – which means that all tokens held within wallets within the exchange are protected, relieving CGCX wallet owners of concerns regarding how their cryptocurrencies are stored. This will ensure an organic growth of the platform long-term.

Benefits 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

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 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.

CGCX Hybrid Platform

Calfin Global Crypto Exchange – CGCX, offers a state of the art, highly sophisticated hybrid platform. Unlike most exchanges that offer only cryptocurrency trading, CGCX is setting itself apart in the blockchain world by providing four platforms rolled into one to offer a wide variety of services to its customers.

Cypto Exchange for Everyone

NORMAL USERS
For ease of use, casual or first-time users have the option to buy or sell preset amounts of digital currency or option to buy or sell at any custom amount they choose. The block amounts provide a familiar reference point and streamline the buy/ sell process. Fees, limits, order summary, and pertinent market information are provided to give users context for their trades.

TRADERS
Retail user Interface contains comparable features, as well as more advanced tools (e.g. charting), and dashboards optimized for more engaged, day-to-day traders and end users.

INSTITUTIONAL USERS
Institutional user Interface is designed for professional and/or enthusiast traders. It features a vertical trade ladder with click-to-trade capabilities as well as sophisticated, institution-grade order types. This UI is optimized for minute-to-minute trading and provides end users with a robust set of live market data.

CGCX Token Sale and Token Economics

The platform will have its own utility token aptly named CGCX; the ERC20 compliant token supports all Ethereum (ETH) wallets. A quantity of 1 Billion CGCX tokens will be offered, which is 50% of the total issuance volume of 2 Billion. CGCX tokens will be priced at 1 ETH per 8500 CGCX tokens.

The token Pre-Sale is live with a 20% bonus ending May 25th, 2018, and the Main Sale begins June 1st, 2018 and ends June 30th, 2018. The CGCX token is a key part of the platform’s ecosystem; the tokens can be used as the payment for transaction costs of trades and earn discounts on transactions fees as detailed below.

Ticker: CGCX

Total number of tokens: 2 billions

The ICO distribution: 50% (1 billion CGCX tokens)

Soft cap = 5,000,000 USD

Hard cap =117647 ETH

Price - 1 ETH = 8500 CGCX Tokens

Decades of collective financial and blockchain experience have been accrued by the team, and through this they understand that the exchange should focus inherently on cyber-security as well as newcomers just getting into crypto, or larger, institutional investors who are trading huge accounts.

Year 1 = 50% Discount

Year 2 = 25% Discount

Year 3 = 15% Discount

Year 4 = 6.5% Discount

Year 5+ = 5% Discount

Conclusions

CGCX came up with an ulterior motive, apparently, the developers were bothered by the slowness and low level of protection of operations on open exchanges. What makes trade difficult and complex must be analyzed and eliminated - that's the ticket! And between the future plans of this platform is to continue with expansion in other countries, so attracting the investors is in full swing. I will add that the administrators of the CGCX exchange respond quickly and try to help. Already now you can read more about and test this system – I give the links below.

QUICKS LINK

Visit the CGXC Official Site – https://www.cgcx.io/

Check out the Whitepaper – https://www.cgcx.io/wp-content/uploads/2018/05/Whitepaper.pdf

Lightpaper – https://www.cgcx.io/wp-content/uploads/2018/04/23-april-2018-CGCX-Lightpaper-new.pdf

BitcoinTalk – https://bitcointalk.org/index.php?topic=3360185

Chat on Telegram – https://t.me/cgcxio

Medium – https://medium.com/@CGCXofficial

LinkedIn – https://www.linkedin.com/company/cgcx/

Follow on Twitter – https://twitter.com/CGCXofficial

Like on Facebook – https://www.facebook.com/CGCXofficial/

Reddit – https://www.reddit.com/r/CGCXofficial/

YouTube – https://www.youtube.com/channel/UCvWlNnOWp7v1zUng0DPwYZw