CatEx: The Exchange That Changes the Way You Trade

A fast-developing and growing market of cryptocurrencies are full of various options for trading. An increasing number of exchanges bears witness of a high interest in digital currencies and their possible use. Only CoinGecko has over 250 exchanges listed which is not even a half of the trading platforms presented in the market. A wide list of criteria starting from security and ending with the fees charged are considered when opting for one or another exchange.

The competition between trading platforms is huge, so for any new exchange, it’s a challenge to introduce something that traders have never seen before. CatEx entered the market in November 2018 and has taken over crypto enthusiasts attention from the very start. The platform already has an audience of over 2700 active traders and generates a trading volume of more than $400,000 daily.

What is CatEx?

CatEx is a trading platform for digital assets and cryptocurrencies. It is built on a unique reward system and uses a vanguard security structure. The exchange only launched in November 2018, making it relatively new. Even so, the developer team behind it has plenty of experience, giving users confidence.

Cameron Kallhoff is the COO & co-founder of CatEx exchange, bringing 15 years of experience running consulting agencies and working for investments banks. His previous experience includes focusing on business development and finding additional markets to enter. He is an avid Cryptocurrency investor and owner of Crypto Jade LLC.

What Cryptocurrencies Does CatEx Support?

Currently, CatEx supports more than 100 cryptocurrency trading pairs, including ETH, BTC, LTC, EOS, TUSD, QTUM, OMG and more. CatEx is planning on expanding its support not only for many other cryptocurrencies after a thorough security and fundamental audit, but to extend its reach to fiat pairs as well, mainly USD and EUR.

CatEx Trading Fees

As an exchange, CatEx needs to make money to be able to maintain its website, servers, team, and other expenses. Their business model focuses on the trading fees that traders pay when buying or selling their digital assets. Even so, CatEx is able to keep these fees fairly competitive.

CatEx aims to deliver low fees so users do not have to worry about high commissions. There is no fee associated with making deposits into your CatEx account. The fees for trades follow the maker-taker model and only go up to 0.1 percent.

CatEx Community

Catex differs from the other exchanges with its strategy of focusing and listening to its community demands. There are multiple telegram channels and groups (English, as the native language like Turkish, Korean, Arabian, Indonesian etc.) created to listen to the community demands. Investors can ask their questions and give freely their advices in these groups. The questions coming from the investors are answered rapidly and the advices are noted to be discussed by the management. The management discusses these advices in an acceptable time period and make intellectual development if needed. After these discussions and developments, the investors' advices are published as the new rules as soon as possible. If there is contrast between the investors about an advice, management organizes a vote in groups and the most voted choise is accepted as the new rule. The blggest diversity of Catex from the other exchanges is that you can talk to management members like COO Cameron Kallhoff, CMO Aykut Aygun, CTO&CSO Yuanhang Zhou in the telegram groups.

The CatEx Token

The platform native utility token is known as Catt and it is the fuel that powers all operations within Catex ecosystem. It is an ERC20 compliant token and it brings numerous benefits to users of the platform. Two billion number of the token will be in circulation which will be able to keep the operations of the platform running.

Catex will issue some set of their native utility token weekly and it will integrate other confronting activities in a way that will be very difficult for their rivals to meet up with them. Also the listing of the token will be done in a better way when compared to the standard of other platforms.

The availability of the wallet will assist users in doing all kind of functions in it and it will be very easy to use even for a newbie, they will be to send and receive assets and also keep track of their balances.

One of the the most curious questions of the crypto traders is the total supply of the coin which will be invested. Catt has the advantage to the other exchange's coins. While establishing the exchange management decided to create 10,000,000,000 cat tokens in august 2018. Then, they decided to burn 5,000,000,000 cat tokens because of the community demands. In addition to this, the management also planned to maintain burning operations. 1,000,000,000 cat tokens will be burned every month till january 2019 and at the end of this operations, there will be just 2,000,000,000 cat tokens. There is a total supply today (December 2018) of 3,000,000,000 after burning in October and November as scheduled.

What is CatEx’s Trade Mining Feature?

Another advantage of Catex, and maybe the most interesting one, is that the exchange is sharing it’s daily dividends up to 90% back to it’s users depending on the amount of Catt token it is holding. So this means that the exchange is only receiving 10% of the dividents for itself. Which is for costs like advertising, employee and development costs. The system where the daily dividents is based on, is showed in the table below.

Lock 7 days %50 (Dividend percentage)
Lock 15 days %60 (Dividend percentage)
Lock 30 days %70 (Dividend percentage)
Lock 45 days %80 (Dividend percentage)
Lock 60 days %90 (Dividend percentage)

For more information about the CATEX exchange platform visit

WEBSITE: https://www.catex.io/
TWITTER: https://twitter.com/catexofficial
FACEBOOK: https://www.facebook.com/officialcatex
TELEGRAM: https://t.me/catex_group
BITCOINTALK: https://bitcointalk.org/index.php?topic=5099776.0

My Details

Bitcointalk Username: binar234
Bitcointalk Profile link: https://bitcointalk.org/index.php?action=profile;u=2053245