CATEX EXCHANGE: A 21ST CENTURY CRYPTO MINING AND EXCHANGE
WHAT IS CATEX?
Catex project came to existence August 2018, the platform was established to ensure users are served best in their ride in the use of cryptocoins. It is envisioned that Catex had been designed with outstanding features that cannot be compared with any other existing sites with the qualities it has. Having its own unique operations, it stands out from so many cryptocoins that are just like one another and now, it is going to make a difference in the market. It projects a very transparent means of trading and installs a special stock exchange for users. This is what allows it to trade in heavy and low volumes without being hampered.
WHAT PROBLEMS WILL CATEX SOLVE?
We cannot deny that fact that there are many problems in the existing Trading and Mining platforms. Below are few list of this challenges that have hindered crypto currency adoption.
Lack of Efficiency in mining due to activities of developing team
Lack of transparency on some exchanges
Inadequate security measures
Lack of proper incentives to encourage users of such platforms.
Price fluctuation: this is a major problem in some crypto exchanges as the prices of the tokens are never stable there causing investors to lose money.
High consumption of power by other mining platforms
High cost of maintaining the mining equipments.
Environmental pollution due to the highly used power
High cost of transactions /trading fees on other Exchange
COMPETITIVE ADVANTAGES OF CAT.EX OVER OTHER MINING OR TRADING PLATFORMS.
CATEX undertakes trading and mining activities: this implies that on same platform users can trade other cryptocurrencies as well as mine or trade CATT .
CATEX gives back to users: when trading on the Exchange and fees are paid, CATT is generated via mining and given back as bonus to the trader who traded other cryptocurrecncies on the Exchange.
Unlike other platforms, most of the major decisions on the platform are made by the community; this also encourages participation on the platform. This is done by creating several social media channels where the voice of the large community could be heard and put into consideration by the team.
In other to encourage mining on CATEX , upto 5% bonus of fees gotten from mining is given back to users depending on the amount of CATT a user is holding per time.
5.CAT Exchange has the interest of its investors at heart, this is why it pays upto 90% of amount gotten as daily dividend back to investors.
THE TOKEN AND USES
CATEX created a utility token on the ethereum blockchian called CATT. This token is meant to serve as the major driver of the CATEX ecosystem. CATT is used for several purposes such as:
CATT is the token given back to users as bonus for trading on the platform
It is the coin traders mine on the CATEX platform
Payment for other rewards and incentives on the platform
TOKEN DETAILS
Token Symbol => CATT
Token Type => ERC20
Token Supply => 10,000,000,000 CATT
Token in Circulation => 2,000,000,000 CATT
CATEX has introduced a buyback program where CATT is bought back by the team and kept in a special wallet whenever the need arises. The lock time introduced by CATEX is also one of the strategies to add value to the token.
It will interest you to know that holders are paid dividends according to the amount of their locked tokens and a lot of holders want to earn more rewards, therefore they lock a high amount of tokens and this significantly reduced the circulating amount of CATT token.
Crypto money exchanges are many trading platforms that bring us a lot of convenience, but also bring with them a number of problems. Since the day they were established, some negative news such as security breaches and stolen accounts have begun to be heard on crypto money exchanges. This negative situation, of course, increases in parallel with the increase in the number of users. However, in many stock exchanges, high commission fees, security weaknesses, useless menus, weak graphics, low transaction rates, problems with deposit and withdrawal transactions, irrelevant customer service, lack of contact with problem users, excessive density in the stock market and continuous maintenance Problems such as sites, users are the most common annoying conditions.
The Catex platform is a user-friendly trading platform that was established in August 2018 with the aim of eliminating all the problems and problems experienced by users. The Catex platform is one of the best examples of the crypto exchange exchanges in the block chain field.
90% of the crypto money exchanges are simple platforms with almost identical infrastructures, almost identical copies, which allow you to buy mostly bitcoins and some subcoins. The Catex platform is very different from its competitors in terms of both usage and operation. If we look at the characteristics of the Catex platform from the other exchanges in the market;
The Catex Exchange has initiated a transformation that returns the commissions that were cut off when users made a trade, returning them as Catt coins to the user with certain bonuses. In this way, 80% of the commissions are distributed to the users who have Catt coins by their rate of transaction or by the rate of Catt coins they hold. 7 - 15 - 30 and 60-day periods Catt coin holding or lock-in (Dividend) Catex stock market revenue earned from the share and Catt coin bonus is given. The percentage of the Dividend earnings table with the locking of the Catt coin is shown in the table below.
● 7-day lock 50% (Dividend gain percentage)
● 15-day lock 60% (Dividend gain percentage)
● 30-day lock 70% (Dividend gain percentage)
● 45-day lock 80% (Dividend gain percentage)
● 60 Day Lock 90% (Dividend gain percentage)
All important decisions on the Catex stock exchange are presented to the current user community and received based on the comments from them. Catex management will only be responsible for major operations related to the platform, marketing operations and some important managerial issues. As can be seen, the Catex platform differs from many crypto money exchanges, both in management, in earnings and in use.
One of the most important earning methods on the Catex stock exchange is the opportunity to earn money through mining activities. How is mining done and in what proportions? Mining earnings have certain criteria. The most important is the Mining rate. The mining ratio is a value defined by the platform to physically control the mining provision. It is the level of difficulty that is re-adjusted every day in order to maintain the gain stability of the mining companies, which are similar to the blocks we know from other mining coins. After logging in to your personal account on the Catex Stock Exchange, you can see your personal mine rate.
Finally, the Catex stock exchange lists 2 tokens per week, free of charge by users' vote. In many respects, Catex has differentiated its competitors and makes a difference in token listing.
When we look at the developer team of the Catex platform, we can say that the team consists of experienced people who can express themselves well. The people in this team have shown that their vision is broad and far-sighted. That is why they deserve praise.
For traders who want to trade on the Catex stock exchange or invest in Catt coins, Catt sales are currently available on the Catex stock exchange. You can easily register on the stock market and invest. Thanks to the different features it provides, we can say that many users will be interested in Catex stock exchange which will make their investment life easier and the future is very bright. But these views are my personal opinions and only connects me. I would ask you to act with your free will and not to consider the information given here as investment advice that will give you a definite gain.
For more detailed information about the platform, investing in the stock market, or in order to find out about the different features, please visit the official website at https://www.catex.io.
Details of of Catex Coin
Coin Simgesi: CATT
Platform: ETH - ERC-20
BTC / CATT as traded
Coin Price: Currently, traded at 14 SAT.
The amount circulating is 2 billion CATT coins.
Also the Catex platform team continues to raise the current coin value, often burning the Catt coin and reducing the number of Catt coins available in the market.
Latest information about Catex Project
Website: https://www.catex.io/
Twitter : https://twitter.com/catexofficial
Telegram : https://t.me/catex_group
Facebook : https://www.facebook.com/officialcatex
ANN : https://bitcointalk.org/index.php?topic=5099776.0
Bitcointalk Profile link https://bitcointalk.org/index.php?action=profile;u=1759573