Overview of the CGCX project

in #cgcx • 6 years ago


To  date, many people want to become successful crypto traders, but for this they  need to deal with trading in crypto-currencies. When trading, many  people face different problems. For example, a transaction delay; action in the  field of security and many others. Avoid these problems,  cryptotrader will help a new exchange platform, which will be called  CGCX. 


What is CGCX? 

CGCX is the world's first insured cryptocurrency platform in Singapore. It will facilitate the wide functions that are  designed for most users.This project allows  people to easily buy and sell various coins on their platform. It provides  orders for more than 1 million buyers per second, as well as security for its  users.Unlike most exchanges that offer only crypto-currency trading, CGCX stands out  in the world's blocking world, providing four platforms collapsed into one,  offering a wide range of services to its customers. CGCX  preserves the security of its members in the first of its kind service, it  protects wallets from cyberattacks and hacks.

The project platform  facilitates broad and specialized functions intended for a wide range of users,  from everyday users to institutions and advanced traders. On the CGCX  platform, users can buy and sell different crypto-currencies (such as BTC, ETH,  XRP, BCH, LTC and NEO) . CGCX provides a  multi-purse to its users for storing CGCX, bitcoins, ethers and other tokens,  everything will be stored in one safe place, because all digital  assets are insured against hacking and cyber  attacks.

Security measures The logon process for CGCX will  include typical 2FA measures and other security protocols, such as: IP address  flag for suspicious logins from another IP address and  CAPTCHA checks to prevent bots and other automated systems from illegal access  to platform systems. In addition, the platform will also have full support  for several forms of multifactor authentication (SMS, Google Authenticator,  backup e-mails, backup passwords)based on user security  requirements, as well as the type of transactions at the account level that the  user wants to do.

The project follows the  advanced methods of using wallets with several signatures and two-step approval  of the funds management process, as well as the combination of hot and  cold purses for storage. CGCX Token , using a smart contract to release tokens  via the Ethereum blockchain, supports 2 billion tokens. The CGCX token  is based on the standard ERC 20 token protocol, so it is supported for all  Ethereum wallets.

Together with  this, the discounts on the CGCX platform, give an increase in the value of the  holders of tokens due to the increased use possibilities. Existing  contractual systems are mostly paper-based and therefore vulnerable to  inefficiency, fraud and high transaction costs. When traders send  goods, they receive a paper bill of lading for trade financing, for example,  through a letter of credit, this bill of lading must be sent by the  courier to his bank and go through checks and balances that are manually  controlled in the system.

What other functions will the CGCX platform perform?  

  1. Exchange : Some exchanges do not have the right amount of some  crypto elements. And thanks to CGCX, the input and output of crypto elements  will never be a problem for traders. Exchange in this  company offers increased liquidity, which will definitely lead to a reduction in  prices.
  2. Security activities: there is still no adequate  security system on some exchanges, that is, every day they put their clients at  risk. But in CGCX, security is at a high level. Here all  tokens, which are stored on stock purses, are insured against  hackers.  
  3. The inability to convert cryptography into fiat:  Traders can easily obtain basic crypto conversions, unlike most  crypto-exchangers. 
  4. Bad interface: Some exchanges have a bad interface,  which has nothing to write about. The CGCX caters to absolutely all users, from  young to old people.

What are the advantages  of the CGCX platform? 

  • Exchange for all: transactions that are made on the  exchange with the CGCX token, receive a 50% discount on the value of  trading. 
  • ICO platform: absolutely every month the CGCX program will offer its  customers through voting. And the coin that has  the most votes will earn a place to list on the CGCX exchange. Each participant  in this process will have at least 0.2 CGCX tokens. 
  • Merchant Solutions:  Payments are accepted by online sellers in just a couple of  minutes. But for this it is necessary to connect a payment  gateway or install a mobile application CGCX Point-of-Sale. 


Specifications 

  • Name  of the token: CGCX token. 
  • The beginning of the  project: June 1, 2018.
  •  End of the project: June 30, 2018. 
  • The cost of buying /  selling the token: 1 ETH = 8,500 CGCX. 
  • Type of the token: ERC-20.  
  • Accepted currencies: ETH, BTC


How will the tokens be  distributed? 

  • The development of the platform will take 19%
  • Founders are listed  about 10%
  • Team -10% 
  • Bounty-11%; 
  • SAFT, Pre Sales & Public is translated  50%. 


Partners :

  • The CGCX program has many partners that stand on the first steps  and are very popular in the economic sphere.Among them you can find  companies such as CALFIN, CAPITAL ZIBBIT, LABS DENTONS and many  others. 

Team

The project has a strong team that  is able to pull the project to a high level in a short time. Also, the CGCX  ICO team and all its employees are working at full strength for the company and  are always ready to help customers in any matter. 


Conclusion 

CGCX, unlike  many exchanges, appears in the world of blockchain. It represents  4 modules under a single platform, in connection with this, offers a wide range  of services to its customers. The main goal of the  CGCX project is that they must offer different high quality services, while  using safe and economic solutions for users. The platform was  recently introduced in new forums, and investors were delighted. Now they want  to allocate money for the further development of CGCX


 For more detailed information, please go to the following links :


Author : pathi87

https://bitcointalk.org/index.php?action=profile;u=1168550


#ico #blockchain #tokensale
6 years ago in #cgcx by
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