Cryptocoin Insurance and Tokens

Have you ever heard of Cryptocoin Insurance?
on this occasion I will tell info about Cryptocoin this insurance for you.
in this day and age may be familiar when hearing about Crypto.

Cryptocoin Insurance is the first option exchange with the possibility of insuring deposits against a fall. CRYPTOCOIN INSURANCE allows you to ensure falling prices or growth risks for major cryptocurrency.
The existence of Cryptocoin Insurance is caused by a problem in terms of Cryptocurrency.
The problem is the absence of a solution to ensure deposits in Bitcoin or Ethereum so as not to fall. At the same time in this market there is an increase in volatility that makes people afraid to save large funds in the cryptocurrency because this can reduce Crypto users to use this digital asset. On the other hand, large companies are slow to enter the global market (for example, to receive payments in cryptocurrency) for the same reason.
Because of this problem, the teams that have this project provide solutions for those of you who are still hesitant to use cryptocurrency, and for older users who don't want to go through cryptocyrrency again, they can start to develop again with the solution provided by Cryptocoin.
What is the solution?
The solution is that Exchange will begin to operate with 5 cryptocurrency that has a maximum market. Furthermore, with increasing demand and turnover, the teams from cryptocoin will add other crypto currencies. CRYPTOCOIN INSURANCE sells well so that the growth of Bitcoin or Ethereum and insurance falls. Thus, it protects the risk. There is no competition in the market which allows maintaining a significant margin at the level of 20%. INSURANCE CRYPTOCOIN repackages and sells / buys its own risk as an option in its own exchange.

The background of the formation of Cryptocoin Insurance includes Trading in the cryptocurrency market has passed several stages of development, starting from the first centralized exchange where there was almost no volume of up to several hundred exchanges where leaders had a turnover exceeding one billion dollars per day. Recently the US Securities and Exchange Commission (SEC) has authorized Bitcoin futures trading on the largest US stock exchange.

The market is increasingly more like the stock market and ordinary commodities. However, one segment of many players and especially unavoidable hedgers is completely inaccessible today. It's about options.

Choice is a contract which, according to him, the option buyer obtains the right, not the obligation, to buy or sell the asset at a predetermined price for a certain period of time in the future. In this case, the option seller has the obligation to sell the appropriate asset or buy it from the option buyer in accordance with the terms and conditions.

In the world of habits, options are traded on stock exchanges that have a large turnover. Usually one party is represented by a speculator who wants to make a profit, while the other party is a company that wants to ascertain their risk (for example, from a sharp price drop).

Why hasn't the stock exchange been made on the cryptocurrency market? There are a number of reasons that will be considered below. Now we will point to one of them. Few people understand what options. That's why it seems that demand for this service is low.
Actually, it's very big. Only the players who make up this demand cannot find the right instrument they need, first of all, to insure risk.

CRYPTOCOIN INSURANCE offers the instrument to its clients - deposit insurance (or part of it) from growth or decline.

I just gave an example, when a client pays insurance in the amount of 0.1 Bitcoin to deposit in the amount of 3 Bitcoin. If the price drops 15% within 3 days, he is entitled to get insurance in the amount of the falling deposit - 0.45 Bitcoin.

In terms of insurance, CRYPTOCOIN ASURANSI is able to pay insurance clients from insurance obtained previously. If there is no insurance event, the insurance paid by the client will be the company's income.

Actually, this is an option like I mentioned above. However, so as not to confuse a large number of clients who do not understand and do not want to deal with options, Cryptocoin Insurance has created a two-solution solution.

First, Cryptocoin Insuransi launches the world's first cryptocurrency currency exchange.
And secondly, Cryptocoin Insurance creates an insurance company, puts options in insurance that can be understood by everyone, and protects the risks in the exchange of options.

In many cases, companies that first enter the market are known as leaders, and always take the biggest share. Today CRYPTOCOIN INSURANCE has no competitors and occupies the entire market.

That is the features and advantages of Cryptocoin, and what problems have happened with the solution given from Cryptocoin Insurance.
And this time I will about the Token that Cryptocoin Insurance has with price details and also the allocation of tokens in ICO which I will explain below.

75%	ICO
18%	Reserved for the project team
5%	Mentors
2%	Bounty program

Token Name	CCIN
Price	1 ETH = 1,500 CCIN
Bounty	Available
Platform	Ethereum
Soft cap	500,000 USD
Hard cap	10,000,000 USD
Date of ICO	November 1, 2018 – December 27, 2018

50%	Development and launch of the option
25%	Reserve fund
15%	Marketing
5%	Legal services
5%	Operating expenses

February 2018	Creating the concept of insuring movements of the cryptocurrency market and the CRYPTOCOIN INSURANCE option exchange
March-April 2018	Forming the project team
May 2018	Market research, defining competitive advantages
June 2018	Starting to prepare for ICO
August-October 2018	Advertising campaign
November-December 2018	ICO
January 2019	Listing CCIN tokens and listing on cryptocurrency exchanges
February 2019	Launch of the option exchange with 5 cryptocurrencies
March 2019	Beginning of selling insurance for the market growth/fall
April 2019	First redemption of tokens from the market and burning them
May 2019	Adding 3 new cryptocurrencies
July 2019	Daily turnover of 10 million dollars
September 2019	Adding 2 cryptocurrencies (10 in total) to the exchange
December 2019	Daily turnover in the amount of $50 million

For further information, you can visit the Cryptocoin Insurance Website
Or you can also see WhitePaper
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