CryptoSouk The Next Biggest Cryptocurrency Exchange in The Middle East
CryptoSouk will be the biggest cryptocurrency exchange in the Middle East. The Arab world and the Middle East are tremendous potential for markets and cryptocurrency growth. Some Islamic countries position cryptocurrency as permissible, not prohibited and not recommended. The first middle east country or pioneer as the country that receives cryptocurrency is Dubai.
The remarkable development of blockchain technology has opened the eyes of young developers from the Middle East to make their own and develop the cryptocurrency market. CryptoSouk is one of the projects from Kuwaiti developers. CryptoSouk will be the solution or bridge for investors and new users of cryptocurrency in the Middle East.
Growing markets in the Arab world and the Middle East are good news for this community. Many investors, especially young people, will jump into the ICO. Young entrepreneurs are the target market of CryptoSouk to build a strong cryptocurrency community.
We have chosen Malta for our [corporate parent] and to conduct our ICO due to that nation’s forward looking utlity token regulaton and membership in the European Union. We are also pursuing an exchange license in the Abu Dhabi Global Markets (ADGM) where, with an office in Kuwait as well, our operatons generally occur. The current status of our licensing is pending a final release of the regulatory framework for ADGM to operate under the OCAB (Operatng a Crypto Asset Business) and a final actvaton of the recent Virtual Financial Assets Act in Malta. ( https://cryptosouk.io/user/themes/custom-theme/pdf/en/whitepaper.pdf )
Why does the CryptoSouk marketing team choose Malta as an CryptoSouk ICO based? This is due to more regulation. KYC / AML must be obeyed. But basically CryptoSouk will cover the entire Arab world and Middle East. Using all marketing methods ranging from social media and online marketing, traders will increase the trading volume of CryptoSouk Exchange.
CryptoSouk ICO launches the Souk token as a reward for the initial investors. Early adopters will get a souk token at a low price which is a long-term investment.
With this incentive, novice investors will get profit projection from the needs of the Souk token. Souk tokens are used as trading fees, new coins listings and reward refferals. The developers team will also buy back tokens on the market to keep prices from inflation and value growth will increase. Underlaying the assets of Souk tokens that have a high liquidity, will attract investors to participate in the ICO held.
INVESTMENT PLAN
The following is an investment plan from the Souk token. The total Souk supply is 52,000,000 tokens. This is a token with limited supply and the possibility of a large price increase.
TOKEN ALLOCATION
Tokens allocation is as follows
50% is sold to the public, 20% for Initial Coin Offering, 20% for company reserved, 5% for bounty, 4% for advisors and 1% for airdrop. this is a fair alocation. By looking at the total supply and token allocation, be sure that the inflation of the Souk token will not occur.
Do you want to trade cryptocurrency? Please visit the https://www.cryptosouk.exchange/home.html website.
To participate in the ICO program you can directly visit https://cryptosouk.io/en/ico . Also read the whitepaper complete with the roadmap from this project at https://cryptosouk.io/user/themes/custom-theme/pdf/en/whitepaper.pdf.
Social media ; Telegram https://t.me/cryptosouk_community_en , Twitter https://twitter.com/CryptoSouk Reddit https://www.reddit.com/r/CryptoSouk facebook https://fb.me/CryptoSouk.io and Announcement of Bitcointalk https://bitcointalk.org/index.php?topic=4515317.msg40654837.
Author Profile https://bitcointalk.org/index.php?action=profile;u=1077779.
