CoinChum
The term cryptocurrency is increasingly being discussed after the increase in various types of virtual money such as Bitcoin began to be in great demand as an investment because its value continues to fluctuate. This article will review the basic concepts of cryptocurrency, how the system works, facts related to the system, and what it is trying to offer as a disruption in the financial business order.
What is CoinChum?
Coinchum is a Peer to Peer marketplace with a wide range of cryptocurrency offerings, including Bitcoin, USDT, and Ethereum, XRP, and Chum tokens. Coinchum integrates web-based features with an intuitive interface that allows users to learn from educational resources, as well as trade cryptocurrencies using advanced market tools that enable efficient monitoring and analysis of market trends.
The purpose of Coinchum
Coinchum aims to expand horizontally into new market segments in the future, thereby moving beyond its initial function as an innovative trading platform for cryptocurrencies. Coinchum is committed to working closely with investors to ensure that their interests are embedded in every stage of the business process.
Why Choose Coinchum?
Choices limited to coin selection — The voting system is open to allow users to suggest or even decide which coins to list. Users can suggest new PAYMENT METHODS, and those suggestions will be prioritized
Customer service — Coinchum will have easy-to-use ticketing system, Fast reply from online chat, Fast resolution for login/account issues, Fast withdrawal processing, Telegram group to resolve customer inquiries on time.
Wallet security- In Crypto Coinchum assets backed by insurance, they also introduced various security mechanisms such as Anti-phishing verification, Advanced verification software, Withdrawal protection, White IP to protect customer funds.
Crypto analysis tool- An information terminal where traders will find whale account holder positions, global indices, trading volume rankings and so on. The powerful terminal lists important events and upcoming calendars/seasonal events that affect cryptocurrency prices. Detailed price analysis for each crypto.
Cryptocurrency Academy — Explains AZ about the most popular cryptocurrencies. Educational resources include videos, tutorials, trading strategies, and industry research. Users can post videos or articles on Coinchum's educational channels, and other users can view or pay for content with CHUM tokens.
Inflexible fee structures — At Coinchum, Fee structures are affordable and easy to use. Users can reduce more costs with Chum Tokens. Tiered users have different badges and privileges
User Voice — Collect user opinions and suggestions on UX/UI customization and other user-oriented functions.
WHY COINCHUM?
Coinchum market should be adopted by traders and investors for the following different qualities:
1. Unlimited options for coin selection; users can trade with coins and at the same time are allowed to choose coins to bring in
2. There are excellent trading tools; a binary trading system that also requires low transaction fees.
3. The customer support system is too high-level and always pays sufficient attention to users.
4. Trades are always processed quickly and easily on the platform.
5. There is insurance on user assets on the platform.
6. There is also a standard and highest level of security.
7. The platform is decentralized; vote for the user.
8. Basic and advanced education on how to use trading tools is available on the platform.
COINCHUM FEATURES
1. LOW TRADING COSTS: the platform will charge very low fees on all trades on the platform, encouraging users to make more trades.
2. REASONABLE WITHDRAWAL FEE: Platform users will be charged minimal fees for all withdrawals made and at the same time withdrawals are processed quickly.
3. LIST OF NEW CRYPTO CURRENCY: The platform will always welcome listings on new amazing projects with great features that give traders on the platform an avenue to invest. All listings made on the platform will also require low transaction fees.
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4. CRYPTOCURRENCY FINANCING: This will enable the locking of coins/assets of traders and platform users and also give them room to get more coins to lock up assets.
5. WALLET SECURITY: One major issue with most Exchange platforms is security. Many of them lost sight there due to cyber attacks which caused users to lose assets there. But to address and prohibit problems like this, the Coinchum platform wallet security is protected through MPC which allows the maximum level of security against all forms of cyber attacks and human error. With MPC adopted, Coinchum will Ensure user assets are safe and well protected.
What are CHUM Tokens?
CHUM is built on the BEP-20 protocol which is the token standard on the Binance Smart Chain that extends ERC-20, the most common Ethereum token standard. CHUM works as the native token of the Coinchum ecosystem.
Tokonomics
Use of tokens
Payment of fees — Trading fees can be paid with CHUM, with discounts of up to 50% off normal trading and withdrawal rates.
Security deposit for buyers and sellers on the platform — Coinchum will set different levels of risk for payment methods. High-risk payment methods will require CHUM as a security deposit to significantly reduce and screen out fraudulent activity.
Voting rights for coin listings or other priority activities — CHUM holders will have voting facilities on the platform to suggest which coins to register.
The right to get access to premium services of various educations — Using CHUM tokens, users can access various paid content on the platform for education.
token sale
The mass sale of CHUM tokens is divided into two parts: private sale and mass sale.
Roadmap
Conclusion
Coinchum aims to expand horizontally into new market segments in the future, thereby moving beyond its initial function as an innovative trading platform for cryptocurrencies that will be secure and scalable.
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Detailed Information:
Author : CryptoboyRamesh
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