CATEX EXCHANGE: THE FIRST TRULY COMMUNITY-MANAGED EXCHANGE PLATFORM

ABOUT THE CRYPTOCURRENCY MARKET TODAY

Cryptocurrency Trading platforms also known as Exchanges are online platforms where you can exchange one cryptocurrency for another cryptocurrency or sometimes for Fiat currency. A cryptocurrency exchange is a third-party platform from which one can purchase or trade Cryptocurrencies. A Cryptocurrency can simply be exchanged for Fiat or different Cryptocurrencies on an exchange. There are varieties of Cryptocurrency exchange depending on the type of services they give. They can be trading platforms, peer-to-peer exchanges or brokers. In determining an exchange, factors such as security, speed, fees, the process of buying, ease of use, effective customer service, etc. need to be analyzed.

In my opinion, the cryptocurrency market now is in the stage of "volatile growth", which began in late 2016 and most likely will continue in medium perspective. Sharp price fluctuations and correction are the natural state for this stage of development.

I believe that cryptocurrency market is not an accidental phenomenon and it is based on fundamental factors, which is confirmed by the eight-year history of development which began in 2009 when Bitcoin - the cryptocurrency which change the usual means of payment and digital transactions – has appeared.

Over the last 8 years Bitcoin and other cryptocurrencies only by the fact of their existence and growing distribution refuted many negative forecasts, opinions and assessments. They debunked some of the myths about their insolvency, the lack of prospects and the impossibility of changing global financial relations.

Over the mentioned period of time many alternative cryptocurrencies appeared. Many of them are embodying completely different ideas and fundamentally new concepts of economic ties. There is a gradual official legitimization of the legal status for cryptocurrencies and the integration of digital transaction elements into the traditional economic systems.

INTRODUCING CATEX EXCHANGE PLATFORM

Catex exchange is a revolutionary cryptocurrency Exchange that will redefine crypto trading. Might sound too ambitious but this is the only reason the Catex exchange developers whom are passionate about blockchain and aims to create a blockchain solution have decided to hand over the management of the Catex exchange platform to the Community, Catex exchange will provide a much better and user-friendly interface with and bring trust to the platform.

Catex is the first truly community-managed exchange platform, which is very rare in the cryptocurrency ecosystem today. Community members of the Catex exchange are in charge of all major decisions made withing the platform, which includes Voting. The Catex management team will only be responsible for platform operations, marketing and other major operations within the platform.

PROBLEM STATEMENT

There are so many cryptocurrency exchanges existing in the world today, and many of them accept crypto to crypto trading pairs. Here are some of the problems facing the crypto exchanges of today, such as

High Trading Fees: Popular exchanges can charge between 0.8% to 3% in fees.

Poor Security: So many Exchanges do not have a strong security to protect users assets.

Poor User Interface: There are so many crypto exchanges that has a poor User-interface which makes it difficult for users to Navigate through the platform.

Low Liquidity: So many Popular exchanges offers Low liquidity which in otherwords delays trading activities on the platform.

Very few payment methods to deposit money into wallets

Centralization: So many crypto exchanges are centralized in the sense that only the management controls all activities of the exchange. This means that Users are not always compatible to prices and trading pairs in the platform.

WHY CATEX EXCHANGE IS BETTER THAN OTHER CRYPTOCURRENCY EXCHANGES

Modern User Interface: As we can see in the image above, Catex exchange has a well designed User interface that makes the trading experience enjoyable and convenient for Traders.

Control: The Catex exchange is controlled and managed by the Community, which brings in a semi-decentralized feature into the exchange and Thus creates a trust-less Environment.

Voting: The Community has the right to vote their favorite cryptocurrency. This is achieved through a Listing competition where the top two cryptocurrencies wins the Competition. Users must have up to 10 CATT Tokens in order to Vote, because 1 Vote = 10CATT. Go to http://catex.io/voting to see the upcoming competitions.

Multi-lingual Support: Catex exchange will support both English, Chinese, and so many other languages. The Default language of the platform will be English.

Trading Pairs: Catex exchange has variety of trading pairs that so many users can be able to trade their favorite digital assets on the platform Catex exchange. it will support trading pairs such as; BTC, ETH, DASH, NEO, LTC,CATT, IOST and so many others.

High Security: The Catex exchange platform offers users with top notch security, and uses 2FA Google Codes. which is used for withdrawals, Login and trading. These High security measures will be implemented by the Catex exchange in order to safeguard all assets and Funds of traders .

Buy Back: The Catex exchange team will occasionally buy back CATT Tokens in order to add more value to the price. And the Management will also Burn CATT tokens regularly.

Mining: Users on the Catex exchange can as well Mine CATT Tokens while they are trading, and receive 5% mining Bonus.

Locking Your Tokens to Receive Dividends: Users on the Catex exchange do not get affected by the Bear Market, reason is because Catex exchange allows users to lock their tokens for up to a period of 60 days and receive daily dividends up to 90%.

Referral Program: Catex exchange offers users 10% Referral Bonus when any User invites another new user to the Ctaex platform. When your referral makes a trade, You receive 10% of their transaction fees in CATT Tokens.

ABOUT CATEX LOTTERY GAME

Recently, Catex exchange launched a Lottery game whereby Users can play daily and stand a chance of receiving great rewards. Try as much as possible to Join Catex exchange today and Participate in this Lottery Game.

For more details about the Lottery Game, Check out the Rules: https://www.catex.io/announcement/172

ABOUT THE CATT TOKEN

CATT is the native token of Catex exchange, CATT is developed on the Ethereum Blockchain based ERC20 standards.
Traders and users who Hold CATT tokens will get a lot of benefits such as; Holders will receive 80% dividends daily for Holding CATT Tokens. Users will Also use CATT Tokens for voting during new coin listing.

CATT TOKEN DETAILS

Token Symbol: CATT

Total Supply: Total Supply: 1,975,516,624.999999999999999999 CATT

Contract Address: 0x6e605c269e0c92e70beeb85486f1fc550f9380bd

Decimals: 18

TEAM MEMBERS

Here are the Brains behind the Catex exchange platform.

CONCLUSION

Conclusively, Catex is the first truly community-managed exchange platform developed by professionals with the sole aim of providing traders with the best trading experience any Cryptocurrency exchange could offer. Thus creating a a world-class crypto exchange.

For more information and Participation please 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

Author's Details https://bitcointalk.org/index.php?action=profile;u=1749232