Crypto Souk - Exchanger to make trading, buying, selling, holding cryptocurrency easier

akmal asmadi
3 min readAug 8, 2018

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Cryptocurrency era has come across the globe, including at the Middle East area using the Arabic language. Middle East are well known by the world from their wealthy and now Crypto Souk will bring the long term foreign exchange operation, trading and market making experience in order to create more efficient yet sustainable liquidity solutions. Crypto Souk will launch a platform that offers trading in many form of cryptocurrencies like Bitcoin, Ethereum, Litecoin, Ripple, Dash, Zcash and Monero.

Most people finds out that trading, buying, selling, holding cryptocurrency is hard, therefore Crypto Souk comes to make it easier for active trader and investor to matches their existing expectations of participating in financial markets. Crypto Souk has launched a cryptocurrencies trading platform from St. Vincent & the Grenadines and Kuwait and believed that we are able to continue grow in the region based by the competitive factors.

Crypto Souk market

Recently, cryptocurrencies exchange market has extremely elevated. For the example, Binance — a competitor in exchanges, announced that they had acquired more than 250,000 new customers each day. Others competitor like Coinbase, has more than 20 million accounts and 52 million tokens under their management on May 2018. From those example we can noticed that the size of entire cryptocurrency marketing is growing exponentially.

Crypto Souk have an in-line with industry-wide based practices for digital marketing, mainly through two distinct mediums: digital performance marketing channels (Google search, Google display network, InMobi, Facebook and Instagram) and the offline marketing (educational seminars, sponsored radio ads, guerilla marketing, local events, traditional offline media and the referral program).

Crypto Souk technology

Crypto Souk technology has the aim to the simplicity, security and reliability to support rich features. The top of the line trading UI, Crypto Souk is a premiere trading and financial technology company. Crypto Souk has the dedication to making digital currency trading accessible, fast and secured.

Crypto Souk roadmap

By second quarter period of 2018, there is BETA launch exchange with Kuwait partners. On the third quarter of 2018, there is the ICO private sale in Malta, live exchange SOUK token and open listing of new tokens. On the fourth quarter of 2018, there is the ICO pre-sale and the main sale by Malta Crypto Exchange Licensing and develop the propietary liquidity. Durng the first quarter of 2019, there will be a release for the mobile app.

Crypto Souk token distribution

Crypto Souk have the token based on ERC20 Ethereum called SOUK. In total, there will be 52,000,000 SOUK tokens created and 50% of those will be distributed for public and 20% for initial investors and team, 5% for bounty, 1% for airdrop, 20% for company reserve and 4% for the advisors.

There will be 25% discount on the pre-sale and the price per token will be $0.375 with the soft cap @ $11 millions. While for the main sale, the price will be %0.50 with the hard cap is @ $11 millions. All tokens will be utilized in three ways: redeemable to pay trading, as the method of payment for the listing and be the company initial profit.

For more information, visit us here :
WEBSITE:
https://cryptosouk.io/ico
TELEGRAM:
https://t.me/cryptosouk_community_en
TWITTER:
https://twitter.com/CryptoSouk
FACEBOOK:
http://fb.me/CryptoSouk.io
WHITEPAPER:
https://cryptosouk.io/pdf/whitepaper_v2.pdf
BITCOINTALK:
https://bitcointalk.org/index.php?topic=4515317

Bitcointalk username : akmal1984
Profil link :
https://bitcointalk.org/index.php?action=profile;u=919324
ETH Address : 0x7d5f5Af2130985fe0fb5f2BFe38563ccFbEEfe23

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akmal asmadi

#cryptocurrencies #Bitcoin #ETH #Crypto #Article #Bounty