A Look At The CoinMetro Ecosystem
CoinMetro is going to be a bridge between digital assets and traditional finances. The ecosystem that they create will consist of three main components. They are the trading platform, an exchange, and a framework for initial coin offerings. For people new to cryptocurrency, the main features include a simple to use interface and the ability to buy cryptocurrency with traditional currencies. There is very high demand right now for easy to use ways to purchase cryptocurrency. Currently available methods are limiting in their product offerings and customer service. CoinMetro plans to fill this gap in the market with their ecosystem.
The CoinMetro ecosystem should also appeal to the more advanced users as well. There will be customizable analytics and charts, as well as many types of orders. Margin trading and lending options are also going to be available. The user interface should be clean and easy to follow.
CoinMetro will have their own token, XCM. The idea behind this is similar to that of KuCoin and Binance. One such benefit to the token will be reduced fees. The vision of CoinMetro is to be an all in one ecosystem for the cryptocurrency markets.
In a recent study, it was found that around fifty percent of a group of 400 recent initial coin offerings used the Ethereum blockchain. With many coin offerings taking place, CoinMetro plans to be a part of this space. They will be offering an interface for issuing tokens on their Express platform. The idea is to have an easy to use method for the issuing of ERC-20 tokens. By creating tokens out of illiquid assets, they can then be traded more easily and provide a better experience and liquidity.
There are a few other features of CoinMetro that I should mention. A debit card is planned to provide customers with easy access to funds. The idea is to have access to both traditional currency and your cryptocurrency. If there are insufficient funds in one account, the system will check and make conversions in order to fulfill the withdraw request. A lending feature is also in the works. Lenders will be able to define what rate they will accept, and borrowers gain access to funds once accepted. There really is much more that CoinMetro will be offering on their platform. If you would like to research more about their plans, you can use the links at the bottom of this page.
CoinMetro Telegram: https://t.me/CoinMetro
Announcements: https://bitcointalk.org/index.php?topic=2540667.0
Bounty: https://bitcointalk.org/index.php?topic=2542394.0
My bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=1420457