CloseCross is live on testnet — try it out!

CloseCross
Nov 20, 2018 · 4 min read

CloseCross is the world’s first truly decentralised derivatives platform driving democratic participation. By introducing simple 3-click-trading, eliminating unquantified risks, and making trading 90% cheaper, CloseCross gives everyone the opportunity to participate in the $1200 trillion financial derivatives market — without needing to be a financial genius with access to tons of money.

Decentralized. Democratized. Transparent.

Just as promised we are extremely proud to announce that the CloseCross testnet is now live and accepting beta testers. CloseCross exhibited at WebSummit 2018 and the announcement was very well received.

Signing up to the testnet — iOS and Android ready

See below the specific steps you will need to take to join CloseCross

iOS: https://testflight.apple.com/join/CUClR0rD

  1. Simply follow the two steps which include installing “TestFlight” — the official Beta testing app from Apple
  2. Follow the on-screen instructions to complete installing CloseCross and create an account
  3. Once logged in to CloseCross, go to “Profile”, My Account, Wallet. Here copy paste the CloseCross wallet address and Ethereum wallet address, so we can airdrop tokens for you to start trading.

Android: https://play.google.com/store/apps/details?id=com.closecross

1. Follow the on-screen instructions to complete installing CloseCross and create an account

2. Once logged in to CloseCross, go to “Profile”, My Account, Wallet.

Here copy paste the CloseCross wallet address and Ethereum wallet address, so we can airdrop tokens for you to start trading

Getting tokens airdropped for trading

1.You will receive an auto-generated wallet address for CloseCross, which we will need to airdrop the tokens. You can find the account address here:

a. Select Profile from bottom menu, select My account, click Wallet, copy the wallet address right above the “Transfer CLOX0 Assets”

b. You can Copy/Paste using the icon next to it.

2. You will also need to send us the ETH address, so we can airdrop some ETH for you to process the on-chain transactions.

Send this information at: info@closecross.com

a. If you have access to ETH within testnet you can send us that too.

3. Send us the wallet address(es) and we will deposit 5000 CLOX0 and a small amount of ETH for you to start testing and participating in VPFs. This will take up to 48 hours max — in most cases only a couple of hours.

4. Finally, before you can start participating follow these steps to transfer the tokens from your wallet to state-channel

a.Once you see the CLOX0 in your wallet, click on “Transfer CLOX Assets”, click on “Send” on top, toggle “Transfer from wallet for trading”, input the amount of tokens you want to move from wallet to state-channel for trading and click “Transfer”.

b. This is an on-chain operation and will take up to a minute.

5. Refresh the wallet balance as well as the main Cockpit view to confirm the transfer.

Now you’re all set to start participating in the listed VPFs. You can even request a VPF you don’t see listed yet.

Final thoughts

We are working out extra rewards for super active participation in VPFs and for sending us solutions, feedback, etc.

**If you have feedback to report to us — please use this form here!**

In the meantime, we will keep track of your engagement at a high level so that you do not miss out on any earned rewards.

Note: For testnet application you will be using the token CLOX0 — that’s a zero value CloseCross token for beta testing.

Thanks in advance for helping us drive innovation forward and bring CloseCross to the world — the decentralised world of decentralised derivatives!


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Want to see CloseCross in action? Watch the demo video now!

CloseCross

The world’s only collective prediction market

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Democratising derivatives trading with blockchain - for everyone. #democraticderivatives

CloseCross

The world’s only collective prediction market