On a mission to change trading
Caytrex is a cryptocurrency exchange dedicated to rethink and improve trading and have a ripple effect on where it matter most — among good cryptocurrency projects and their communities, to spread good market practices and backup disruptive technologies.
As cryptocurrency exchanges are observed to be increasingly concentrated and the big financial corporations enter cryptocurrency markets, there is less and less room for small quality coins and their ability to compete is decreasing.
In such adverse conditions, where big companies influence what is supposed to be a free and open market, coin projects that struggle for attention can get delisted overnight, which affects every investor involved. Eventually, what matters is not project quality and its organic growth, but percentage share and internal agreements.
As Caytrex, we oppose alarming market tendencies and provide an advanced trading platform, where both users and coin developers can find a safe harbor.
Market shares and the marketing power are now divided among few influencers, which poses a serious threat to smaller and medium crypto projects. Many of them cannot afford enormous listing fees or are forced to share coins with the exchange owners, which leads to centralization and loss of independence by the project owners.
Cryptocurrency market needs to be rethought and rejuvenated. Hence, the idea of Smart Coins Alliance — our internal program that will work for the interest of selected, quality coins, instead of using them as many players do. Without the change of such market practices and the emergence of good exchanges and stability on the market, they might be easily crushed.
With a set of applicable tools at hand and a careful design of the Caytrex exchange, we are ready to backup and solidify the market along many great crypto projects out there. Starting Q1 2019, Caytrex will open user registration. Follow us on media channels and help spread the good news!
