CATEX- A user-centric transaction mining exchange platform

A domino effect of the ever increasing rise in number of cryptocurrencies over the past few years has been a corresponding increase in demand for cryptocurrency management services. At the top of that list is the cryptocurrency exchange services. This increased demand for exchange services has led crypto traders to demand a higher standard from platforms offering the said services. Due to the high standard of services and continuous innovation required of exchange platforms, those behind the scene have not rested on their laurels while they keep looking for new ways to draw in customers due to the stiff competition within the ecosystem.

A major factor that played towards writing this article is the concern of traders over the fees charged by the vast majority of these platforms. These fees tend to affect the less wealthy traders which constitute the vast majority of the ecosystem to a larger extent because a large percentage of what could be their profit gets ripped off in form of trading and withdrawal fees. We've seen a lot of exchange platforms claim to be user-centric, but the truth is that they are mostly concerned about the size of their pockets.

Due to this major problem highlighted in the previous paragraph, it would have been self-centered of me to have found a truly user-centric exchange platform which also offers to hand over the vast majority of the proceeds to users without bringing it to public knowledge.

Introducing CATEX
Catex is a mining transaction exchange platform which intends to offer users the opportunity to mine the “CATT" tokens (the currency that drives the ecosystem) with the goal of offering incentives and refunding transaction cost. The platform has been developed as a result of problems associated with cryptocurrency mining. These problems include;

The amount of power consumed for mining cryptocurrencies.
Increase in cost of mining.
Environmental impacts of the excessive power consumption.
These negative factors have led to the development of a new mining method which is termed “trading mining". This is a process through which mining is being done by cryptocurrency traders and investors while they trade any coin listed on the exchange platform. Catex will offer a 5% bonus on all mining processes to cryptocurrency traders so as to encourage more people to participate in mining.

Key features of Catex

Referral System: Catex exchange offers it's users a 10% referral bonus. This means that you can get as much as 10% of the trading fees charged from someone you referred.
Mining: This is definitely the feature I appreciate most on the Catex platform. You can mine CATT tokens by trading on the platform and you get the tokens at heavily discounted prices.
Dividend: 90% of the total revenue generated from trading fees will be distributed to holders of CATT tokens depending on the relative percentage of CATT in their possession.
Buyback: Catex exchange has a buyback account and burning of tokens will take place regularly all with the main goal of keeping the price of CATT tokens at an appreciable level.
Security: The team behind the Catex platform pay attention to details pertaining to security as 2FA codes have been put in place for login, trading and withdrawal. Once you clear your browser cache or switch to another browser, you will need to verify your login via email.
Voting: Catex offers it's users an opportunity to determine which coins are listed on the exchange on a weekly basis. Each user can vote once with 10 CATT.
It is very great that such an innovative project as Catex now exists. The problems that has been a pain in the ass of Investors such that they all have become so desperate for a solution is about to be resolved with the new Innovation brought by this setup. Both the traders and miners over the past years haven't been satisfied in the operations they perform in the ledger system. They have been hopping from one challenge to another to an extent that it is now as though nothing good will ever happen again in the kind of operations they perform. But to achieve a revolution, there has to be a provision for an exchange infrastructure or network which will bury the existing defects, and of course Catex is going to do so.
More than anything else, Catex has come to mitigate the amount of power used during the mining operations, make the equipments used maintenable at a low cost, make sure transactlons are transparent and secured, improve all efficiency and make price stable.

WHAT THE EXISTENCE OF CATEX WILL DO

The project is going to change the manner of operations and dealing with the core processes. Through it, the mining process will be seasoned and made perfect such that miners won't have to complain or be at rampage when at it. It will make the trading of crypto as well as Fiat possible with utmost efficiency. It is a product of the coming together of experts who have the goal making the exchange condition of the ledger system back to normal.

THE EDGE IT HAS OVER ALL OTHER EXISTING RIVALS

It has great features which makes it unique, however, the features does not just remain but is upgradable in the platform and that makes it compliant to the growth it will achieve as it moves on with the users.
It has the mining operations under control and it makes sure users are able to trade well using all manner of currencies.
Its fees are returned back to the users in form of bonuses and that makes users want to do more of the activities they engage in, in the system. The money realized from mining as well as other processes are also refunded back to the users.
The entire community of users take charge of its ecosystem and the decisions that are made in it. This is to the end that all users take active part and non is left to default. It has established many standard social structures for the sake of listening and hearing feedbacks from the system.

To those who will love to concentrate on mining in the system, a 5% bonus has been set aside as their gain provided they are able to spend reasonable time and also hold the token.
ABOUT THE CATT TOKEN
Although an utility token, it plays major role in the system and helps to push the system forward. It focuses on the entire operations done in the ecosystem and is used in paying rewards to users or Investors when the need arises. In the mining process, CATT is being mined and apart from that, it serves as a means of incentivizing users in the ecosystem.
The token benefits users in a lot of ways when they hold it. Part of the benefits includes;

It makes users a pataker of the dividends shared in the system.
Holding the token gives users a chance to make great profit from it since the price of the token is controllable in the ecosystem.
At first when the token was issued, the large volume will make it difficult to gain from due to its less value but the burning of some of it will make the difference and the holders will benefit from what comes after that.
ABOUT THE TEAM

Its team is the best ever to be behind a project. It is able to manage its system through the professionalism of the team members and also make decisions that goes in the favour of the network. The team of Catex are not obscured but can be interacted with such that users are able to converse with them and also add value the system.

CONCLUSION

Many Investors will see this project as an answer to their prayers. This will also be the case for the traders and the other stakeholders because it is going to benefit all and not leave anyone behind. The benefits it gives is so unique and that makes it a special setup which can proffer efficient solutions on its own. There is hope for cryptocoins and their users because Catex has just begun. The best of all exchanges will be seen in it all the way, so I say watch out for it.

TOKEN DETAILS

Token Symbol => CATT

Token Type => ERC20

Token Supply => 10,000,000,000 CATT

Token in Circulation => 2,000,000,000 CATT

For more information, visit:

WebSite: https://www.catex.io

Facebook: https://www.facebook.com/officialCat.ex

Telegram: https://t.me/catex_group

Twitter: https://twitter.com/catexofficial

Discord: https://discord.gg/7USsyjK

Support: support@catex.io

Reddit: https://www.reddit.com/r/Cat.ex

Bitcointalk: https://bitcointalk.org/index.php?topic=5099776.0

Bitcointalk User Profile URL: https://bitcointalk.org/index.php?action=profile;u=103807