Plans and strategies have to follow before entering the CoinChum project

cichardscrypto (25)in #coinchum • 3 years ago

Overview

Global finance has made tremendous progress in recent years. Cryptocurrency is one of the most recent and significant technological advances. People generally used regular exchanges to trade these cryptocurrencies, where an order book is used to match, buy, and sell orders between people. However, neither the buyer nor the seller knows who the other party is, which gives all users some level of anonymity and privacy protection. Bitcoin was initially designed to facilitate peer-to-peer transactions. A peer-to-peer transaction implies that you always have data related to the person or entity with whom you are interacting, rather than interacting with. You may have information on that person ranging from a bitcoin wallet address to their forum username, location, IP address, or even a face-to-face meeting.

What exactly is CoinChum?

Coinchum is a peer-to-peer marketplace with cryptocurrency offerings such as Bitcoin, USDT, Ethereum, XRP, and the Chum token. Coinchum combines web-based features with an easy-to-use interface, allowing users to learn from educational resources and trade cryptocurrencies with advanced market tools that allow for efficient market monitoring and analysis.

Coinchum's Goal

Coinchum intends to expand horizontally into new market segments in the future, moving beyond its initial function as an innovative cryptocurrency trading platform. Coinchum is committed to collaborating with investors to ensure that their interests are represented at all stages of the business process.

Why should you go with Coinchum?

Coin selection is restricted - An open voting system that allows users to suggest and even choose which coins to list. Users may propose a new PAYMENT METHOD, and such suggestions will be prioritized.

Customer service - Coinchum will have an easy-to-use ticketing system, as well as quick responses from online chat and quick resolution of login/account issues. Withdrawals are processed quickly, and Telegram groups are used to quickly resolve customer queries.

Wallet security - At Coinchum, crypto assets are insured, and they are implementing various safety mechanisms such as anti-phishing verification, advanced verification software, withdrawal protection, and white IPs to protect customers' funds.

Crypto analysis tools- An information terminal where traders can find information such as the position of whale account holders, the global index, trading volume rankings, and so on. The powerful terminal displays important events as well as upcoming calendar / seasonal events that have an impact on cryptocurrency prices. Each cryptocurrency's price is examined in depth.

Cryptocurrency Academy - Explaining the most popular cryptocurrencies from A to Z. Videos, tutorials, trading strategies, and industry research are among the educational resources available. Users can upload videos or articles to the Coinchum education channel, and other users can view or pay for the contents using the CHUM token.

Inflexible fee structure - The fee structure at Coinchum is both affordable and user-friendly. Chum Token allows users to deduct additional fees. Different badges and privileges are assigned to different levels of users.

User Voice - Gather user feedback and suggestions on UX/UI changes and other user-oriented functions.

Tokonomics

Token Name: CHUM BEP20

Total Supply: 200,000,000

Private sale: 85,000,000

Public sale: 95,000,000

Soft Cap - 5,000,000 USD

Hard Cap - 20,000,000 USD

Road Map

The use of tokens

Fee payment - Trading fees can be paid with CHUM at a discount of up to 50% off standard trading and withdrawal rates.
Security deposit for platform buyers and sellers - Coinchum will set different risk levels for payment methods. In order to significantly reduce and screen for fraudulent activities, high-risk payment methods will require CHUM as a security deposit.
Voting rights for coin listing or other priority activity - CHUM holders will be able to vote on the platform to suggest which coin should be listed.

Conclusion

Coinchum intends to expand horizontally into new market segments in the future, expanding beyond its initial function as a cutting-edge trading platform for cryptocurrencies that is safe, secure, and scalable.

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