Mainstream adoption of blockchain technology has been increasing at such a rapid pace that the overall cryptocurrency trading volume exceeded stock trading volume in 2017. Current cryptocurrency exchange platforms offer an automated means of matching the supply and demand of a given cryptocurrency. However, according to Exchange War, the top 30 cryptocurrency exchanges charge an average of 0.2% trading fees for both makers and takers, which can seriously cut into the traders’ profit margins.
Additionally, present cryptocurrency exchanges can either be categorized as an Instant Exchange or an Advanced Exchange. An Instant Exchange is one where individuals may place buy and sell orders quickly for a simple trade. An Advanced Exchange is one which incorporates advanced trading features, such as trailing stop-losses, and gives the ability to place different order types such as Limit, Market, and Stop orders. Both cater to different types of users — an Instant Exchange is ideal for beginners whereas an Advanced Exchange is preferred by seasoned investors and traders. There has so far been a clear lack of an exchange platform that can serve the interests of the entirety of the crypto-community, until now.
CoinPulse Exchange is the world’s first cryptocurrency exchange platform founded on the principle of collective community input and support. Due to be launched in June 2018, it is being hailed as one of this year’s most anticipated exchange platforms and has developed considerable buzz in the crypto-community because it prioritizes the needs of the community and addresses the current problems.
How CoinPulse Prioritizes the needs of the Crypto-Community
What sets CoinPulse apart from its competitors is the fact that it is founded on collective community input and support. To that end, the platform has been designed based on a survey of users and their current qualms with other cryptocurrency exchange platforms.
CoinPulse is an integrated dual exchange, combining both Instant Exchange and Advanced Exchange features. As such, the platform serves a wide range of users and can be used to both quickly and efficiently place buy and sell orders, and also access the complete suite of advanced features and order types.
Furthermore, CoinPulse incorporates a series of features to foster a loyal community such as offering free tokens, deep discounts, and referral commissions. For example, the trading fees for CPEX token (the native ERC20 CoinPulse token) holders will be reduced by 70%, provided they make the payment using CPEX. Furthermore, this trading discount will be applicable to all trading pairs in the platform. Users can also enroll into the Referral Program. As such, when they refer new users, they will receive 30% of the proceeds from the fees generated by all the trades of that new user.
“Our goal is to create an exchange platform that prioritizes the needs and demands of its community,” said Chez Darji, co-founder and financial advisor of CoinPulse. “As such, CoinPulse will provide traders with the means and opportunity to reduce their trading fees to a mere 0.06%, thus maximizing their profits.”
In addition to discounts and commission opportunities, CoinPulse has also made it possible for users to have an active voice in the tokens traded in the platform. Users will be able to vote on the tokens they would like added to the platform, thus giving them the opportunity to shape the platform to meet their needs.
These features position CoinPulse as an exchange platform to watch out for. However, the single most buzz-worthy event generated by CoinPulse is the 20 Million CPEX Token Giveaway.
Participating in the 20 Million CPEX Token Giveaway
CoinPulse Exchange has announced that it will be giving away 20 million free CPEX tokens for early sign-ups. As such, it has drawn a considerable user base well before the launch of the platform. The total CPEX supply will be 100 million. However, only 20 million tokens are being set aside for the giveaway.
Individuals who sign up with the platform — before the 20 million tokens are exhausted — will receive 200 free CPEX tokens. However, users who own EBCH tokens (included in the list of top tokens on coinmarketcap.com) during the sign up will receive an additional 100 tokens, making it a total of 300 CPEX tokens. There will also be a random prize draw for one of the registered EBCH token holders to receive 100,000 CPEX tokens. EBCH is the current token native to CoinPulse Exchange. Once the platform is launched, users will be able to swap it for the CPEX tokens at the ratio of 1:3. The tokens can be bought either at ForkDelta, EtherDelta or stocks.exchange.
Those who wish to participate in the token giveaway can do so by registering at https://coinpulse.io/. Once the user is registered, they will have to complete a Google form that lists all the terms and conditions of the token giveaway. The CPEX tokens will be made available to the qualifying individuals on, or after, the 1st of July 2018, after the participants have completed at least one trade on the new platform.
The 20 Million CPEX giveaway, the eBCH-CPEX swap, the inherent profitability of the CPEX tokens due to transaction discounts, and the community-driven outlook of the exchange platform has not only rendered CoinPulse into the most buzz-worthy exchange platform of the year, but it has also developed community faith even before the launch of the platform.
For more information, please visit https://coinpulse.io/.
Disclosure: I/we have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.