Website - https://cryptosouk.io
About CryptoSouk
Cryptosouk is created because in the Middle East Countries, there are many big traders and investors who expect a higher level of customer service and are not interested in better detail of personal key prisoners.
CryptoSouk will create a sustainable, more efficient Platform / Solutions solution, this platform will be combined with a strong understanding of the ecosystem of financial exchange - a place where many newcomers have no expertise.
We've brought together teams that include both forex and regional trading experience as well as technology experts and security experts who can provide unique Arabic opportunities. Cool
Our vision is to build the next generation digital asset exchange for traders of every skill level with the aim of making digital currency trading accessible to everyone. We are devoted to enhancing our customers’ trading experiences with quick trade execution, fair pricing, world-class customer service, endless improvement and limitless creativity.
Top of Line Trading UI
CryptoSouk is a premier trading and financial technology company. We’ve built the best digital asset exchange by focusing on the needs of professional traders and digital currency experts. We are dedicated to making digital currency trading accessible, fast and totally secure.
Order Book
Our powerful live order book updates in real-time and displays buy and sell orders with live spread calculation so you can always lock in the lowest spreads and get the best deal. Our order system also automatically calculates fees and includes them in the order price so you always know that what you see is what you’ll pay. For larger orders, we offer the ability to report block trades to guarantee that the market won’t move against you before your order gets filled. Available order types for both regular and block trades include market, limit, stop, and six others.
Trade Major Digital or Fiat Currency
We offer all the major digital and fiat currency pairs that you love to trade.
Trade Tracking
To help you track your trades and technical history, our platform includes the integrated ability to save the current chart view to jpeg. We also offer a custom area measurement tool to find duration, percentage change and price change soyou don’t have to do it by hand. Finally, we offer users the ability to generate multiple custom reports including trade activity, transaction activity and treasury activity and save these reports as CSVs to facilitate return tracking. The exchange platform has been built from the ground up by senior coders and cryptocurrency experts to emphasize redundancy, accuracy, and speed. Our platform is built on a custom-embedded StreamDB database and incorporates error-checking and targets multiple volumes. We also replicate and backup all exchange data in real-time so your trades and user data are always secure.
Features
- Multiple Trade Views
Multiple views including price chart, depth chart, order book and recent trades ticker. - Plenty of Indicators
58 available indicators including linear regression curves, moving averages and oscillators. - 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.
PROBLEM
Buying, selling, holding and trading cryptocurrency is hard. We are excited about the various new decentralized exchange ideas being developed but they often suffer from a severe lack of liquidity and market making. In the middle east, however, we think that more active traders and investors are looking for a higher touch, and easier to use trading partner that more matches their existing expectations of participating in financial markets. Our customers also want to know that there are local people in the region that they can reach out to who speak their language and understand their customs.
The crypto exchange market is growing at a very high rate. One of our swap competitors, Binance, announces that they have gained over 250,000 new customers in one day. :
- Coinbase has over 20 million accounts and 52 million tokens managed in May 2018.
- The top 10 cryptoes in the world are on track to generate more than $ 1 billion dollars in costs each year according to 3. Bloomberg's analysis of the market.
- Simply put, the overall size of cryptocurrency marketing grows exponentially with strong signs underlying the expected fundamental ratios.
Worldwide exchange opportunities to gain market share in fast-growing markets are hard to understand.
SOLUTION
CryptoSouk has launched a cryptocurrency trading platform from ST Vincent & the Grenadines and Kuwait. The exchange shall be launched at the beginning of Q3 2018 with trading pairs supporting Bitcoin, Ethereum, Litecoin, Ripple, Dash, Zcash and Monero. The company plans to continue to add trading support for additional crypto assets that the company feels exceed certain diligence minimums. Our exchange also allows for account loading by cryptocurrency or fiat payments. Based on the founding teams expertise, we have chosen partners to help us deliver both the exchange platform, liquidity on our exchange and a breadth of funding options.
We believe that we will be able to continue to grow in the region based on the following competitive factors. First we think that being able to transfer fiat currency in and out as inexpensively as possible and as native to Dinars, Dirhams, Riyals and Dollars as possible is critical. To that end we plan to invest in tools and partners who can help us lower those costs and make funding or redeeming fiat inexpensive and easy. Second, we believe that, though not all crypto assets are worthy of listing on our exchange, that the diversity of trading pairs and crypto assets will be an important factor that customers will look to when they choose a preferred exchange.
Third, we believe that higher touch customer service is critical in this region so we plan to invest in customer service to be able to provide a more human touch at scale while doing so efficiently and profitably. Last but not least, the teams localized knowledge of KYC/AML relevant documentation will play a key role in providing a unique and frictionless user experience.
Our Marketing plan is to employ regional experience by directing localized unique digital marketing content via the most optimized channels as well as focusing on education in Arabic as simple yet effective content delivery is few and far between today. Our appreciation of Arabic high context societies will contribute heavily in our mission to create a significant engaged community which forms the backbone of any crypto related product, project or venture.
In-line with industry-wide best practices for digital marketing, the marketing spend will be allocated to two distinct mediums:
The CryptoSouk Referrals program is designed to generate viral growth, and be particularly appealing to both our clients who can use their inner circles and to Influencers who can use their high profile social media accounts to publicize CryptoSouk.
CryptoSouk has a simple and very rewarding referral system. Each user with an account on CryptoSouk.Exchange will have their unique referral code that can be shared with others. Once another user signs-up using this referral code, the referee gets entitled to 50% of the transaction fee paid by their referral for an entire year.
For example, User A shares their referral code with User B. User B enters User A's referral code when creating a new account. Over the year starting from date of User B's account creation, 50% of all transaction fees paid by User B will be credited to User A.
CryptoSouk Exchange reserves the right to make any changes including complete terminal of the referral program at any stage without any prior notice.
WHY CRYPTOSOUK
Reliability combined with a rich array of features
Enjoy the best digital asset exchange which focuses on the needs of novice traders, professional traders and digital currency experts. We are dedicated to making digital currency trading accessible, fast and totally secure.
Enjoy the best digital asset exchange which focuses on the needs of novice traders, professional traders and digital currency experts. We are dedicated to making digital currency trading accessible, fast and totally secure.
TOKEN DISTRIBUTION
CryptoSouk is the next generation crypto currency exchange for merchants of all levels.
The company solves several problems at once: fair pricing, customer service based on world standards, creation of ideal conditions for trading and crypto currency exchange.
Considering the needs and realities of the modern age CryptoSouk provides traders with easy-to-use tools such as: a set of indicators (58 indicators available, linear regression line, generator and t.pr.), custom trend lines, interactive interfaces, the ability to see price charts , depth charts, order books. Great attention is given to security issues.
So, in real-time on the platform made replication and archiving all data exchange, as used for this purpose embedded database Streaming DB, which is moving and error checking.
All merchant users are given the opportunity to create multiple reports, such as trading activity, transaction activity, reports for treasury. It is also possible to store this data in CSV format.
CryptoSouk pay attention to order system. On the exchange, orders to buy and sell are always displayed in real time. The order system automatically calculates commission fees and puts it in the order price.
For large customers, there is an opportunity to report blocking transactions, which are also quite convenient and guarantee the execution of orders. For regular and block trades, the company provides such order types as: market, limit, stop and more.
The token will be and ERC20 token on Ethereum called SOUK. We plan to raise a maximum of $10 million and a minimum of $1 million.
There will be 52,000,000 SOUK tokens created @$0.50 each. Assuming the Hard Cap is reached, the token distribution shall occur as per below :
CryptoSouk will make trading productive and convenient
- Details of ICO :
- Token type: ERC20
- Token name: SOUK
- The token fee is $ 0.50
Token will be distributed as follows:
- Adviser and team - 24%
- Reserve - 20%
- ICO and pre-sales - 50%
- Premium - 5%
- Airdrop - 1%
Bounty Promotion:
The following types of gifts are available:
- Campaign subscription (20%)
- Transfer (15%)
- Facebook (15%)
- Twitter (15%)
- Reddit (10%)
- Blog (10%)
- Youtube (15%)
ROADMAP
Q2 - 2018
- BETA Launch Exchange - SV
- Joint Venture with Kuwait Partners
Q3 - 2018
- ICO Private Sale - Malta
- LIVE Exchange Launch - SV
- Launch SOUK Token on our Exchange
- Open Listing of new Tokens
- System Upgrade to permit fees paid in SOUK
Q4 - 2018
- ICO Pre-sale (or Main sale)
- Malta Crypto Exchange Licensing
- Develop proprietary Liquidity
Q1 - 2019
- ADGM FSRA OCAB Licensing
- Release Mobile App
The Referrals section ofCryptoSouk offers Traders the ability to :
- Invite new Traders to CryptoSouk in exchange for a portion of the Tokens generated by them
- Receive a welcome bonus in SOUK Tokens for joining CryptoSouk
Team
- David Dubrulle - CEO Co-founder
- Gene Hoffman - Co-founder, Board Member
- Richard D'Souza - Operations Manager
- Basil Abusaada - Customer Support
Advisor
- Rob Viglione
- Andrew Bates
Strategic Community Advisor
- Morten Christensen
- Marco Calicchia
- Valtteri Serimaa
CONCLUSIONS
Is this company a good investment for you? If you believe in the power of artificial intelligence, yes. The developers of CRYPTOSOUK are confident that they will be able to achieve some success in this segment. AI is likely to improve a lot in the future, as well as the cost of this company and its tokens.
CRYPTOSOUK can be a good long-term investment for you, because it is likely that this company will offer you a good return on investment, but in the future. If you have enough patience, it would be nice to invest in this company.
Here are the reviews I present to you all in finding information and knowing the CRYPTOSOUK project currently being run by their team, if there is any lack of explaining this article, do not worry, I have set up a link for you to get accurate information and of course you will be able to speak directly with their founder or team, at the link.
For more details about our ICO you can also visit our website address below from me and thank you:
- Website : https://cryptosouk.io
- Whitepaper : https://cryptosouk.io/user/themes/custom-theme/pdf/en/whitepaper.pdf
- ANN : https://bitcointalk.org/index.php?topic=4515317
- Telegram : https://t.me/cryptosouk_community_en
- Twitter : https://twitter.com/CryptoSouk
- Facebook : https://www.facebook.com/CryptoSouk.io
- Reddit : https://www.reddit.com/r/CryptoSouk
- Linkedin : https://www.linkedin.com/company/cryptosouk/
- Github : https://github.com/CryptoSouk
- Medium : https://medium.com/@cryptosouk
Article Writer : SyiefaQhollby98
ETH : 0xA58315ebeC9c0032b9cc73D326041b004E27F5D7