bitcoin: ChaoEx: Trading Exchange From Hongkong

ChaoEx: Trading Exchange From Hongkong

Introduction

However, the major problem facing the traditional banking and money system is centralization, with a lot of regulations from some selected authorities who are after their own selfish interest and not carrying the poor masses alone or considering them in their policies.

Sadly, the traditional financial systems both national and internal has failed, they hardly deliver. They are inefficient, ineffective in their service

Delivery, internet connectivity issues, high / hidden charges on money transfer and a whole lot of inconveniencies in both local and international money transfer. The masses are tired u; it is time to for a paradigm shift. Thank God for the great Idea brought about by Orbis Company, to salvage this long standing urlgly situations and kudos to the inventors of the blockchain technology.

This one project is called the Chaoex, before we continue the discussion. Will be better if we know about Chaoex .

Presentation

Chaoex is a cryptocurrency exchange based in Hong Kong and focuses on Southeast Asian markets. It is unregulated and offers trading services through its web-trading platform. It boasts of it low-cost trading with a wide variety of cryptocurrencies. It is, however, not certain if there will be a minimum investment required for users of the platform.

CHAOEX was founded by UNIQUE Network Technology (Hong Kong) Co.Ltd., invested and controlled by Mr. Jin Jingguo, the legal person of XYHJ Network Technology (Hong Kong) Co., Ltd., which is a blockchain asset transaction service platform for global traders. CHAOEX head office is in Hong Kong, China, aggregating high-quality blockchain assets around the world. Currently, it has opened three major trading zones, providing dozens of digital products trading services. Transaction is available in Chinese traditional and English. CHAOEX is committed to build blockchain assets transaction platform with the best quality for global users.

CHAOEX platform began to be developed from early June 2017, and ended testing period in August. CHAOEX launched its trial operation to global users on September 20th, 2017. At present, more than 70 members work in CHAOEX team. CHAOEX platform service has been continuously improved, and its good user experience and customer service are widely recognized. CHAOEX platform 2.0 release conference was held in Hong Kong on June 28, 2018. According to the professional evaluating team, valuation of CHAOEX platform no less than RMB 500 million.

CHAOEX head office is located in Hailian Building, 221–226 Gloucester Road, Causeway Bay, Hong Kong, China, establishing a marketing team which provides service in English, French, Korean and Russian. The team will actively implement the developmental concept of the blockchain to promote the global development of blockchain technology.

How ChaoEx Hong Kong-Based Crypto Trading Exchange Works

ChaoEx operates on a coin-to-coin model and offers spot trading with a single trading account type that contains three Your Customer (KYC) levels.

KYC 1 – Only deposit and trade allowed.
KYC 2 – withdrawals up to 5 BTC per day.
KYC 3 – withdrawals up to 50 BTC per day.

ChaoEx seeks to establish a credit trading system, which is compliant to the laws of digital money industry, and build a healthy financial order.

The platform is not only accessible via the website; users can also download the mobile application that is compatible with Android and iOS and access all the features of the exchange platform. ChaoEx complies with all the trading rules of the financial market, which results in a fair and equitable trading mechanism that protects the rights, and interests of the traders.

ChaoEx has various order types such as market, limit, and stop orders that allow traders to choose the necessary trading tools according to their specific needs. Payments using fiat currencies such as the Chinese Yuan and the US dollar are not accepted on the platform. The only accepted means of payment on ChaoEx isblockchain transfers.

ChaoEx Benefits

Low Trading Fees

ChaoEx applies fees to transfers using some cryptocurrency with the fees being lower compared to other exchanges. ChaoEx has an attractive commission structure that is beneficial to both market makers and takers. Investors will also receive discounts for trading on BTC or ETH Markets after completing the KYC 2 and KYC 3.

Variety Of Altcoins

Currently, there are 54 digital currencies, which are tradable on the ChaoEx platform such as Bitcoin, Ethereum, Bitcoin Cash, Decent, TenX, Civic, and QTUM.

Exchange

ChaoEx has a mobile order book that allows users easily exchange cryptocurrency with minimum slippage.

Advanced Trading Interface

ChaoEx is a web-based platform whose appearance is well organized, easy to use and understand. The digital assets are categorized into three sections: BTC, ETH and CODE Markets. Users can customize the appearance of the platform according to their preference and use advanced charting tools like technical analysis indicators.

Transparent

The platform utilizes blockchain technology to store user data, which ensure that there is transparency during transactions.

Secure Transactions

Transactions on the exchange platform are secured by strict certifications and protection mechanisms such as anti-CC, anti-DDOS that ensure the safety of transactions.

ChaoEx Conclusion

There is scarce information about the company that owns and operates the exchange platform, which might be a hindrance to traders who would want to know more about where they are sending their coins. The main competitive advantages of ChaoEx include the fact that it has a large amount of tradable digital assets and lower fees making it exchanges worth considering in the crypto world.

if you are interested in joining the Chaoex project, it's a good idea to read reviews that can help you get information that might help you in seeing their vision and mission, because it's important to understand accuracy in reviews so you don't hesitate in investing.

Thank you once again for taking the time to read this article, and thank you a million times for your support of Chaoex.

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