CGCX Exchange : A Cryptocurrency Exchange For Everyone
For cryptocurrency to move mainstream everyone, both tech-savvy and the ordinary user should be able to use the technology in an easy and flexible manner. Since cryptocurrency is virtual money transactions are carried out on the internet. To carry out transactions on the internet users makes use of available crypto exchanges, which are faced with many different challenges which are highlighted below.
The available crypto exchange lacks many ingredients to enable new users easily exchange value in the cryptocurrency world. They face challenges such as unfriendly user interface to make a trade, the inability to exchange their fiat to cryptocurrency and vice versa, their fund being prone to cyber attack.
What is Calfin Global Crypto Exchange — CGCX ?
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 uniquely positioning itself in the blockchain world by providing four modules under a single platform to offer wide services to its customers. 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. Whitepaper
Why Do We Need CGCX?
To state the benefit of CGCX exchange I would like to also add the general advantage of a cryptocurrency exchange.
- CGCX exchange provide a variety of investment opportunities to trade any cryptocurrency and fiat on one platform.
- The platform provides advanced security on the platform, it is an insured hybrid crypto exchange.
- Trading commissions on the platform is reduced.
- It is developing an easy to use platform that is user-friendly and could even be used by a newbie.
- The platform is build to execute trades at a high speed providing super fast trade execution.
The platform offers Five key features namely:
- CGCX Token is issued on ethereum blockchain using Smart Contract
- Support for all type of ethereum wallet
- The CGCX token is based on standard ERC20 token
- Maintains a total token insurance volume of 2 billion
- Since it is an ERC20 token, it is freely transferable everywhere on the ethereum network
How It Work
As mentioned before the CGCX platform is an ERC20 Token i.e it is built on the ethereum network and is transferable anywhere on the network. The team is organizing an ICO to raise fund to carry out their project and their softcap is $5million and a hard cap of about $50 million. The ICO price is 1ETH = 8500CGX and the minimum investment is $100. The ticker for the token is CGX and the mode of payment is Ethereum, Bitcoin, and Bank Wire Transfer. To participate in the token sale participant needs to be whitelisted and must pass KYC. The token sale is restricted to participants from USA, UK, China, Canada (and other restricted countries whose regulations does not permit them to participate in ICO) .
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This article is not a financial advice. Investing in ICO may be extremely risky, always remember to do your own research and consult financial and legal advisors before investing in ICOs.