Coinchum is a peer-to-peer marketplace with various cryptocurrency offerings

fvb222 (48)in #coinchum • 3 years ago

Hello, readers of my article. This review will focus on the promising CoinChum project in my opinion. I suggest you familiarize yourself with it and I will be glad to hear your opinion about the platform and discuss everything in the comments.
At the moment, the world of cryptocurrencies is developing at a high speed and more and more people are becoming interested in blockchain technology. This has been very clearly seen in recent months when prices have set new records. All this undoubtedly speaks about the inflow of investments and the emergence of new promising projects. I think shortly we will see even more cryptocurrency transactions and the adoption of new decisions by global regulatory companies in favor of the transformation and expansion of decentralized financial services (Defi), and the entire financial system as a whole.

CoinChum platform

It is a peer-to-peer marketplace that offers user-friendly features and provides a simple interface. On the platform, you can learn general business skills, as well as practice trading using advanced market tools. The program developed by the company allows for operational monitoring and effective analysis of market fluctuations.
The ecosystem is based on a step-by-step process of working with investors and step by step towards the intended goal, taking into account the interests of the participants, controlling all risks, using the developed strategy.
There are several challenges in this area of business. You are familiar with many of them. For most of these platforms, the main question is the small selection of cryptocurrencies to trade. It is also important to insure risks in the implementation of transactions. Protection against sudden price changes is achieved by balancing transactions using competent and careful hedging tools to minimize the likelihood of possible risks. An important factor is a quick feedback from the technical support of the site, as well as low commissions for trading.

The main base of the platform is excellent security and it should be present in any option, whether it is deposit or withdrawal of assets, the reliability of the wallet, readiness to prevent fraudulent activities. Discussion of news of the site's work, world news from the world of cryptocurrencies, educational resources, and much more. All these features establish a positive reputation, from which everyone, both users and the platform itself, benefit.
CoinChum provides all this on its resource and offers participants direct communication, voting, and various privileges.

Coinchum Laravel PHP technology Framework

The system developed by the team offers advantages of which it is worth highlighting:

Scalability
Distributed cache concept (Redis)
Safe protection wallets from malicious attacks
User-friendly interface with a unique check
Reducing the load on servers

And several useful functions. You can familiarize yourself with them in more detail https://www.coinchum.co/pdf/coinchum whitepaper.pdf

Chum Token

Chum Chum Token is created on Binance Smart Chain (BEP-20). The built structure with two chains gives users the ability to build their decentralized applications on one chain and trade on the other.
Potentially new security improvements have been achieved with Party Computation (MPC), a key management innovation. The protocol is encrypted and extends the private key security system.

TOKEN NAME : CHUM (BEP20)

PRIVATE SALE : 5,000,000

TOKEN FREEZE : 30,000,000

SOFT CAP : 5,000,000 USD

TOTAL SUPPLY : 200,000,000

PUBLIC SALE : 105,000,000

ACCEPTED CURRENCIES : BTC,ETH,USDT,LTC,BNB

HARD CAP : 20,000,000 USD

I am not a financial advisor, much less give financial advice. This is the usual personal opinion of a person. Also not legal advice. That is to say, a simple look at the world around us.