CryptoSouk: The next-generation digital assets exchange
About CryptoSouk
We believe that there is a unique opportunity to focus a centralized cryptocurrency exchange on the Middle East and the Arabic language. We also believe that bringing long term foreign exchange operations, trading, and market making experience if required to create deeper liquidity and understand the business of exchanges - a place where many new entrants do not have expertise. In the Middle East, there are both larger traders and investors that expect a higher level of customer service and are not interested in the finer details of private key custody. They instead want to partner with trading platforms that have the security expertise, are local to the region, and speak their language so that they can participate in this burgeoning economic phenomenon and not the technical minutiae. We have brought together a team that includes both global and regional forex trading experience and technologists and security experts that can deliver on the unique Arabic language opportunity. We are offering a launched platform in the region that offers trading in Bitcoin, Ethereum, Litecoin, Ripple, Dash, Zcash and Monero initially. We anticipate that our efforts to promote this coin offering will also help us acquire new customers for the exchange as well.
A crypto exchange is an online website that provides a platform for the buying, selling, or exchange of cryptocurrencies like bitcoin, ether, and litecoin for fiat money like USD, EUR, GBP, etc. The website are marketplace where potential buyers and sellers of cryptocurrency can place “buy” or “sell” orders. The buyers and sellers do not interact with each other. Each person only interacts with the platform. The service charges fees upon the conclusion of every transaction.
Cryptosouk is a cryptocurrency exchange with the vision to build a next-generation digital assets exchange that caters to the needs of traders regardless of skill. CryptoSouk aims to make digital coins accessible to everyone. The team is dedicated to enhancing the trading experience with quick trade executions, great customer service, fair pricing, endless improvements, and limitless creativity.
Many crypto exchange services try to offer tremendous features in order to give themselves an edge in the market. In the case of Cryptosouk, some of their key features will include in:
Plenty of Indicators feature:
The platform provides 58 available indicators including linear regression curves, moving averages and oscillators.
Multiple Trade Views:
Multiple views including price chart, depth chart, order book and recent trades ticker.
Custom Trendlines:
Ability to draw custom trendlines, pitchforks and more that scale and move with chart.
Interactive UI:
Ability to customize color and style of bars, borders, wicks, price lines, backgrounds and grid.
The exchange platform will launch at Q3 2018. At the start, it will have trading pairs, which support BTC (Bitcoin), XMR (Monero), ETH (Ethereum), LTC (Litecoin), Dash and XRP (Ripple). The company also planned to add trading support for other crypto coins with a certain requirement. This exchange will also allow account loading by crypto or fiat.
We believe that there is a unique opportunity to focus a centralized cryptocurrency exchange on the Middle East and the Arabic language. We also believe that bringing long term foreign exchange operations, trading, and market making experience if required to create deeper liquidity and understand the business of exchanges - a place where many new entrants do not have expertise. In the Middle East, there are both larger traders and investors that expect a higher level of customer service and are not interested in the finer details of private key custody. They instead want to partner with trading platforms that have the security expertise, are local to the region, and speak their language so that they can participate in this burgeoning economic phenomenon and not the technical minutiae. We have brought together a team that includes both global and regional forex trading experience and technologists and security experts that can deliver on the unique Arabic language opportunity. We are offering a launched platform in the region that offers trading in Bitcoin, Ethereum, Litecoin, Ripple, Dash, Zcash and Monero initially. We anticipate that our efforts to promote this coin offering will also help us acquire new customers for the exchange as well.
Cryptosouk is a cryptocurrency exchange with the vision to build a next-generation digital assets exchange that caters to the needs of traders regardless of skill. CryptoSouk aims to make digital coins accessible to everyone. The team is dedicated to enhancing the trading experience with quick trade executions, great customer service, fair pricing, endless improvements, and limitless creativity.
Many crypto exchange services try to offer tremendous features in order to give themselves an edge in the market. In the case of Cryptosouk, some of their key features will include in:
Plenty of Indicators feature:
The platform provides 58 available indicators including linear regression curves, moving averages and oscillators.
Multiple Trade Views:
Multiple views including price chart, depth chart, order book and recent trades ticker.
Custom Trendlines:
Ability to draw custom trendlines, pitchforks and more that scale and move with chart.
Interactive UI:
Ability to customize color and style of bars, borders, wicks, price lines, backgrounds and grid.
The exchange platform will launch at Q3 2018. At the start, it will have trading pairs, which support BTC (Bitcoin), XMR (Monero), ETH (Ethereum), LTC (Litecoin), Dash and XRP (Ripple). The company also planned to add trading support for other crypto coins with a certain requirement. This exchange will also allow account loading by crypto or fiat.
CryptoSouk sees opportunities for a dedicated trading platform for the Middle East markets. In the Middle East, there are both larger traders and investors that expect a higher level of customer service and are not interested in the finer details of private key custody. They instead want to partner with trading platforms that have the security expertise, are local to the region, speak their language, and ease of fiat transfers in both USD and regional currencies, so that they can participate in this burgeoning economic phenomenon and not the technical minutiae.
In addition, the project also offers rewarding referral system, you can check the information on https://cryptosouk.io/en/ico. Participants can invite their friends to the platform using unique codes and get 50% of transactions fees paid by them. Number of referrals on the project is unlimited. Moreover, the platform will reward early supporters with tokens.
In addition, the project also offers rewarding referral system, you can check the information on https://cryptosouk.io/en/ico. Participants can invite their friends to the platform using unique codes and get 50% of transactions fees paid by them. Number of referrals on the project is unlimited. Moreover, the platform will reward early supporters with tokens.
The platform will issue its native Cryptocurrency token, SOUK. Souk coin is based on Ethereum ERC-20 standard. With its native token on offer for a discounted price during its pre-sale, CryptoSouk is excited to invite traders of all skillsets to take part in its ICO, https://cryptosouk.io/en/ico.
CryptoSouk ICO plan:
ICO Price: 1 Souk = $0.50
Pre-Sale Price: 1 Souk = $0.375
Soft Cap: $1M
Hard Cap: $11M
Pre-Sale Date: July 9 – August 8 (30 days)
Main Sale Date: August 22 – September 21
Token Distribution:
50% - crowd sales
20% - company reserve
24% - team/advisors
5% - bounty
1% - airdrop.
However, the CryptoSoukICO website announced that the date and the time of Pre-sale is delayed and will be announced later.
For more information about CryptoSouk, you can visit these following links:
Website: https://cryptosouk.io/en/ico
ANN Thread: https://bitcointalk.org/index.php?topic=4515317
About Author:
Bitcointalk Username:rivaldo2020
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=2051385
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