CGCX: Changing the face of cryptocurrency exchange by introducing an insured hybrid cryptocurrency exchange platform

adeyod (42)in #cgcx • 6 years ago (edited)

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INTRODUCTION
A cryptocurrency refers to digital or virtual currency which uses cryptography for security. The coming of cryptocurrency brought about cryptocurrency exchange. Cryptocurrency exchange or digital currency exchange (DCE) can simply be referred to as online business platform that allows customers to use its platform to trade cryptocurrencies for assets such as fiat money or other cryptocurrencies or digital currencies. Most platforms offer the exchange of crypto-crypto while a few of them offers crypto-fiat. The exchange from crypto-crypto is only done for few most popular cryptocurrencies which have fallen short the expectations of investors. This problem has discouraged a lot of would-be investor from investing in cryptocurrencies.

This and many more problems militating against cryptocurrency exchange platforms prompted Calfin Global Crypto Exchange (CGCX) team to come up with a lasting solution so that investors can be encouraged to invest in cryptocurrencies. Calfin Global Crypto Exchange (CGCX) is an exchange ecosystem that aims to bring cryptocurrencies to everyday retail investors. The team is developing a trading platform which, in addition to having all the capabilities of a regular cryptocurrency exchange, also will have some added benefits to it. Calfin Global Crypto Exchange (CGCX) provides a well-insured wallet to its investors to guide against cyber crimes and hacking. Calfin Global Crypto Exchange (CGCX) is setting the pace in the cryptocurrency exchange platform by incorporating four different subdivisions into its own trading platform, unlike most cryptocurrency exchange platforms that only allow cryptocurrency trading. Calfin Global Crypto Exchange (CGCX) provides extremely sophisticated hybrid exchange platform which is second to none because this is the first of its kind that incorporates four different subdivisions into its platform. The subdivisions are:

CRYPTO EXCHANGE: CGCX token is developed to support multi-currency payment system by allowing real-time trade settlements seamlessly across all financial instruments. This platform guarantees 24 hours of cryptocurrency exchange.

ICO LISTING: The beauty of this platform is that it gives room for a new alternate coin to be listed by an independent token issuer. Clients are then given an opportunity to vote for the token to be listed on CGCX for it to be traded.

MERCHANT SOLUTIONS: This platform allows interaction of users with merchant because it gives room to merchants to accept payments in cryptocurrency within the twinkle of an eye. This is an opportunity for the merchants to promote their product and sell to numerous clients worldwide

SMART CONTRACTS: On this platform, automatic payment execution without human interference is possible because CGCX platform has the capability to program smart contracts. This is to cater for the inefficiency associated with the current contract systems which are done manually. It allows all trades to be done publicly and also has digital representation.

KEY FEATURES OF CGCX
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TOKEN FEATURES
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TOKEN ALLOCATION
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CONCLUSION
It is obvious that this project is going to be a very successful one because of the daily popularity of cryptocurrency. The brilliant solutions proffer by CGCX team to the challenges militating against investing in cryptocurrency, it is very safe now to invest in the business of cryptocurrency. It won’t be out of place to say that it is safer to invest with CGCX because one of the most paramount concern of this team is the security of their clients.