" The Main Token Sale is LIVE! "
The CoinMetro ICO recently started, after such an impressive pre sale that quickly sold out, it's looking like it could be one of the most successful token sales of the year so far.
Visit official wesite : https://coinmetro.com/

What is CoinMetro?

The new project is currently being touted as a potential all in one cryptocurrency solution but prior to delving into the ICO of this digital currency, there is a need to provide a closer examination of what it is that they offer and whether or not they do indeed offer that solution. 

CoinMetro provides an avenue for both newcomers, as well as professional and experienced currency traders to begin trading in cryptocurrency in a complete and supportive financial platform,. Through a tokenized ecosystem, the trading platform supports investment options such as professional asset management and ETFs. It will also allow users to invest in up-and-coming Initial Coin Offerings (ICOs). The idea of the CoinMetro platform comes from an experienced regulated Forex broker named FXPIG. This company, originally licensed in New-Sealand, sees an major need of incorporating the cryptocurrency market in the broker market: 

The Basics of what they plan to offer

The new platform seeks to offer a trading option, an exchange option and also a platform for ICO listings. Their entire platform is powered by the COIN token while they offer a tokenized system for not only professionals within the industry but also those that are completely new to the world of trading a digital currency. Their hope is that by attempting to simplify the entire process that it will lead to making it easier for anybody to become involved in the industry.

They are also seeking to make in-roads in the trading and investing sector of the market and dealing with common issues related to digital currency trading. Indeed, they state that they are looking at making the currency market smoother when it comes to the way in which it is able to operate.

The token itself is built on the Ethereum platform offering individuals a degree of security along with complete transparency for the transactions that appear on the blockchain. The movement of tokens on the network do operate along the same lines as other digital currencies using a digital wallet, with options available via the token as well as Ethereum, as well as their own wallet via their exchange.

Problems with the current exchange market

In their whitepaper the team behind the platform state a study made last year by the 'Harvard business review' that claimed that they believe one of the biggest problems that the cryptocurrency market still faces is that it's too complicated for users and too different to what they're used to.

To get started with crypto a user needs to go through a variety of hurdles to get started such as the need to register on carious different exchanges.

The new platform hopes to solve many of these users by providing a much simpler platform for it's users. 

Problems with the ICO market

The ICO market has become a wild west type of environment with new token sales being released every day. Due to the hype surrounding crypto and a lack of regulation many of these projects promise the world but then fail to deliver. A recent report showed that around half of the token sales from just last year have already shown to be a complete failure.

The founders behind this project state that they plan to help advance current industries with the help of blockchain technology rather than aiming to completely change them which can be a too ambitious task.

How CoinMetro Operates

The new project is viewed as being a combination of two approaches, an ETCF (or Exchange Traded Crypto Fund) as well as TAM (Tokenized Asset Management) and it does so in a robust manner. They also state that they are offering a certified and fintech financial system which is entirely powered by their own token.

Upon venturing onto their marketplace, a user is able to buy, sell, invest, cash out and trade in a variety of Fiat currencies as well as digital currencies according to their own individual requirements. However, there are a number of obvious benefits according to the team behind Coin Metro that makes them out to be different to other exchanges that have attempted to operate within this part of the industry and market.

CoinMetro vs Competitors

As more projects begin to explore tokenization of assets and services, CoinMetro is positioned to emerge as a forerunner in the financial services sector. CoinMetro plans to offer new ICO’s an interface for easy token issuance through our ICO Express platform, as well as bring liquidity to the ERC-20 space through our exchange and ETCF Platform.

• First, the exchange allows you to complete your transactions in a range of cryptocurrencies as well as Fiat currencies without any technical issues. To do this, they have sought to implement a stable banking system thanks to their standing with a main provider based in Estonia that has granted the users of Coin Metro access to their systems.
• Furthermore, they have also looked at dealing with the risk aspect of trading by looking at utilizing labeled margin wallets that are capable of basically eliminating risk while offering a sense of protection to those traders that are operating on the trading platform.
• They do this by operating a system of liquidation when traders fall into a state whereby their net value is below that which is required for maintaining the wallet. This is operated by offering a percentage of the total in the wallet to be used to protect the entire system as this then reduces the chances of someone being able to attempt to complete a transaction when they have insufficient funds to do so.
• Finally, there is the option of a complete decentralized atomic swaps. This is achieved via a peer to peer exchange system which is operated via a Smart Contract which is also time locked. By doing this, it means that a third party is not involved so both parties are fully aware of the full transaction without additional fees having to be taken into consideration. This is also where they use an Escrow system to provide an additional sense of security to both parties that are involved in the transaction.
• They're planning to have a wallet system that's highly securely by offering multi sig wallets, these will be provided by CoinMetro partnering with BitGo. The new wallet will initially allow users to hold the 5 biggest coins by market cap. They plan to offer a wider range of coins and tokens as the platform progresses.
• In the near future they also plan to offer a debit card that will allow users to spend their crypto online or to withdraw it at ATMs.

As CoinMetro states it wants to set it self apart by integrating many relevant services. When pulling this of they will not only leave the traditional market way behind, the platform will be able to compete with the current cryptocurrency trading platforms. Have a look on the comparison between CoinMetro & Binance:

The many extras CoinMetro aims to provide are important to differentiate form the competitors. But on the other hand the many elements to create and maintain could be a tricky job.

Roadmap

CoinMetro will be progressive when it comes to regulation. Looking to acquire Crypto specific licenses and licenses where we feel regulators will package crypto in the near future, speculating that the same thing that happened in the FX markets in the early 2000’s will happen in the Crypto Space.

As you can see the core platform will be launched just after the ICO. At the same time the company still has to realise the fact of getting broader licensed. With all the developments in each country on regulations this could be an interesting, hard journey. The god thing is that CoinMetro is already in progress to gain some important go-to-market licenses in several parts of the world:

• Hong Kong – The base of our token sale and future Asia hub for the CoinMetro Group of Companies.
• Georgia – TbilisThe parent company. Awaiting approval of an eMoney registration with the National Bank of Georgia. No tax in GE on reinvested profits.
• Estonia – TallinThe EU arm and base for the exchange. Currently awaiting approval on an Alternative Payment License as well as a Fiat to Crypto Exchange license. Our gateway to EU bank relationships. 

The CoinMetro team has done a great job on providing tons of information on its website. Including several movies, a pitch deck and a very detailed white paper (see image with index)(. Easy to read, containing all elements and congruent with all information shared earlier.

 Read the CoinMetro whitepaper. 

Crypto currencies supported by coin metro wallet

 The Wallets of coin metro are usually multi – signature in nature. These wallets utilize the multi – signature technology of BitGo. The following are the different kinds of crypto currencies supported by coin metro:

• ETH or Ethereum
• BTC or Bitcoin
• LTC or Litecoin
• XRP or Ripple
• BCH or Bitcoin Cash

The crypto currency wallet system of coin metro assists its clients in holding, withdrawing or depositing funds as per their wish. 

Fiat and crypto currency deposits

 The following are the different types of deposit options available with coin metro:

• Local bank deposit
• Credit crd
• SEPA transfer
• SWIFT transfer
• E-wallets

Security:Coinmetro is a safe and secure platform for crypto and fiat currency trading. It focuses mainly on the aspect of customer satisfaction by offering highly secure services to them. We all can come to know its extent of security from the fact that it has never been hacked by any kind of hackers, since its establishment into the trading industry. 

Its additional security options include Cold storage, biometric authorization, multi – signature transactions and Two – factor authentication.

CoinMetro COIN (XCM)

The token of CoinMetro is Ethereum based and is ERC20 compliant. This ensures it is secure and fast. The XCM token sale will start in less than a month. It is in a pre-token sale stage as of yet. CoinMetro’s own internal exchange will launch in March 2018 as a beta test. The alpha exchange will be launched in April 2018 where the XCM coin will be tradable.

• Token Name : COIN (XCM)
• Token Standard : ERC20
• Accepted Currencies : ETH
• Price in ICO : 1 XCM = 0.03 EUR
• ICO Dates : Feb 21, 2017 - Mar 23, 2018 

 The team and their partners

Every member of the team behind the new project has a strong background in the finance sector and other related industries. They state in their whitepaper that they don't promise to be a team of skilled developers (they state they'll hire them) but they believe that their skills and connections in the finance industry will allow them to grow their project more successfully.

The project is also partnered with FXPIG which is a well known Forex company. FXPIG is run by the CEO and CFO of CoinMetro:

• Kevin Murcho, CEO: One of his main goals with the release of FXPIG was to bring more transparency to the Forex market. He believes he's achieved that and now hopes to grow the new CoinMetro platform in the same way.
• Sylvain Legay, CFO: He also helped to turn FXPIG into the successful Forex brokerage that it's become. He's the main numbers guy behind the new project.

Conclusion

What is clear is that the creators behind the new platform are seeking to simplify the previous ways of doing banking with cryptocurrencies. By removing a number of the main obstacles, the hope is that it will indeed encourage individuals to begin investing in digital currencies as well as using them across a wide range of industries.

By looking at simplifying the entire system, it may very well encourage additional investors and traders to become involved in the process. It does remain to be seen just how this particular exchange is going to develop as there are several others that are out there and currently doing quite well. Also, they are on the Ethereum platform like so many others so their intention is that the simple approach as well as the risk management aspect is going to play an important role. However, the fact that other similar platforms are doing so well does mean that there is a good chance of the Coin Metro token also rising in value over the next few years.

The main thing that convinces me to invest in the ICO is the successful history that the key team members have had in the Forex niche which should easily be transferable to crypto.

To get the latest information about the pricing, availability, and sale of COINs, please visit the official website here: https://coinmetro.com/ and check the ANN Thread 

To be always updated, please join the Telegram group 

Author : Firmansyah Septyadi (septyadf1)
https://bitcointalk.org/index.php?action=profile;u=1550748
ETH Wallet : 0x920dBA2a2D7CaBf0606CAe34df2036C55173f2D3