Cryptosouk: next generation crypto currency exchange

Cryptosouk: next generation  crypto currency exchange

Today we begin the review of a very simple platform. However, it is due to its simplicity that Cryptosoukwill be able to get its fans. This is a currency exchange with all the necessary tools for trading, but at the same time, it is maximally adapted for the user.

Simple means reliable

When you start a startup, it is important to understand that it needs its own ideology, which will determine the actions of each functional element of the future large company. For their Cryptosouk, they chose the ease of use and the greatest possible protection for users and their means.

Cryptocurrency market has been rapidly growing for the last few years. According to the CoinMarketcap portal data, cryprocurrency market capitalization at the end of 2017 amounted to about $600 billion. Although, the price of individual crypto-currencies is subject to significant fluctuations, crypto market capitalization in general has been constantly growing. 

Also, it is important to remember, that blockchain technology, the basis for cryptocurrencies, is still far from perfect and keeps developing. However, one thing we can be absolutely sure of: cryptocurrencies, as well as blockchain technology, are firmly embedded in our life, and this technology has tremendous potential.

Despite the fact that blockchain technology and cryptocurrencies are still relatively new and underdeveloped, there are many attempts to integrate them into various projects, Many experts agree that the crypto-currencies and blockchain technology will take the leading position on the market in general.

Protocol to launch your own AI-powered marketplace instantly.

In fact, it's nothing more than a crypto currency exchange which the Internet already has hundreds. And Cryptosouk has only a promo, and a few colors on the ICO page. All they decided to "bribe" their user is simplicity and convenience. Although, in fact, the platform is also stuffed with a whole set of convenient "chips", which we'll talk about in the following parts.

Problems that the crypto-currency "bazaar" will cope with

The growth of the crypto-currency market does not cease to impress. But if earlier you could observe this process by increasing the price of the main coins, now, it is more represented by a growing number of different crypto-currencies. And for this there are reasons.

First, the launch of its own crypto currency has become something of a fashion trend among start-ups. Thus, entrepreneurs demonstrate their commitment to the world of modern technologies and what keeps pace with the times. Some of them have no special value and are used only as platform payment instruments, but others, thanks to a powerful background, are developing as a full-fledged calculation tool and gaining their value in the market.

Native Charting

Enterprise matching engine with execution ability of 1 Million transactions per second

Advanced APIs to access or provide liquidity to others

20+ order options including but not limited to; FILL or KILL, IOC, STOP, LIMIT.

Multiple integration ability for KYC/AML, Banking/PSPs

Institutional Grade Security combined Cold/Warm/Hot Wallet rule based systems

Interoperability with Traditional and DLT infrastructureAnd by itself, that such currencies are traded by enterprising people - traders. This can be treated in different ways: there is a very popular opinion that the trade in crypto currency is a real speculation. And in such a progressive, freedom-loving environment, as blockade technology, it does not belong. At the same time, others refer to trading as a natural phenomenon. Nevertheless, the fact remains that the trading of crypto-currencies continues to develop, like the market itself.

That is why exchanges are developing, one of which is Cryptosouk. It is designed to solve several basic problems that face crypto-enthusiasts for several years. Among them:

No user-friendly. Buying / selling and crypto currency will seem to you a real hell if you take away all of today's knowledge and get to understand the interface of any of the top exchanges. One gets the impression that nobody wants to make popular trade. Because of this, there is another problem that Cryptosouk is called upon to solve.

Involvement. Nowadays, one can talk about the creation of a real crypto-currency aristocracy: everyone is talking about mysterious digital coins, but according to studies, only one percent of the population owns them. This state of affairs is characteristic only of those spheres that are poorly understood by society, or are bad enough that nobody is needed. But we know how many real problems can solve the crypto currency, so we conclude - people are not sufficiently informed about the issues of the blockbuster industry.

Price. Due to the fact that the crypto-currency market was in the hands of enterprising people, the coins themselves are gradually losing their true purpose. If earlier, the main idea of ​​the crypto currency was the reduction of the price for the usual financial transactions, now the cost of translation also makes a hand to the "elitism" of the crypto currency.

But, anyway, the Cryptosouk project team believes that the main problem of cryptology is, just the second point of the list. This approach is characterized by a very simple explanation. The larger the society that uses the kind of assets, the greater their liquidity. This can be illustrated by a very simple example.

Let's say you were the first to invent a car and start your production. But even if you release the number of cars that would be enough for all of humanity, this does not mean that they all bought them from you.

To sell something, you need a society that uses this subject in a specific way. Therefore, today, when automobile factories around the world are larger than religious temples, it is easier to sell a car than on the day of its invention. Therefore, the authors of the project will make every effort to ensure that the market of crypto-currency is filled with new people who will be interested in buying and selling crypto currency.

Token Distribution



Pre-Sale
$0.375
25% Discount
Soft Cap - $1M
Launch Date - July 9th 2018
Duration - 30 Days

Main Sale
$0.5
Hard Cap - $11M
Launch Date - August 22nd 2018
Duration - 30 Days



ROADMAP
Q2 - 2018 BETA Launch Exchange SV - Joint Venture with Kuwaiti Partners
Q3 - 2018 ICO Pre/Main Sale - Live Exchange Launch SV - List SOUK Tokens on Exchange
Q4 - 2018 Malta Licensing - Release Proprietary Liquidity
Q1 - 2019 ADGM Licensing - Mobile App Release - Social Platform Beta



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author:salsa24
https://bitcointalk.org/index.php?action=profile;u=1388145