The cryptocurrency industry is slowly but steadily merging with the foreign exchange market, and its stake is increasing on a daily basis. As soon as regulatory frameworks and standards are established at national and international levels, the crypto market will enter the legal space, suggesting that it will have the door open for ascension.
Decoin, a blockchain startup, wants to push the crypto industry and contribute to its fast-paced evolution. The team is working on a trading and exchange platform that would share its revenues with the users. Besides, Decoin is providing its own suite of crypto-debit cards, which are linked with the coin’s wallet. The whole ecosystem is fueled by Decoin, which is currently released during a private sale. In the following lines, we’ll touch upon these and other products offered by the young company.
DecoinTrade and Exchange Platform
Decoin is a startup that was launched two years ago by people who have experience with the financial markets, especially with the Forex industry.
The company’s core product is a cryptocurrency-oriented exchange and trading platform where investors can buy and sell multiple currencies or speculate on their prices. The Decoin Trade & Exchange Platform (DTEP) will boast several unique features, such as sharing its own revenues with the users. This suggests that Decoin holders registered with the platform will become eligible to receive up to 20% of the trading revenue recorded by the exchange.
If you don’t want to miss the chance offered by the growing crypto market but feel that you lack solid trading experience, you can try to rely on DTEP’s social trading features. It allows novice investor to copy or get inspired by professional traders. Besides, Decoin provides online customer service in multiple languages to better serve traders around the world.
The team aims to make the platform secure, transparent, quick, scalable, and with lots of features, including technical analysis tools. 97% of users’ funds will be stored offline, while 3% will be actively traded under the protection of an insurance plan.
To make the trading experience profitable and enjoyable, the company launched its first crypto index called DCI. The index will have from five to eight promising crypto projects. In the future, more indices will be created, which will cover different sectors.
What’s more important, the platform will be licensed, as the company seeks to register it with the Singaporean RMO. The team expects that the platform will be ready in about 4-6 months from now.
Decoin’s Other Features
To ensure a comfortable and smooth trading experience in which users can easily access the fruits of their investments, Decoin provides a package of crypto-debit cards. This will help traders use and spend their Decoin tokens whenever and wherever they are.
The five types of cards come with various benefits and features depending on the investment.
Decoin Token
The Decoin ecosystem will operate with a token with the same name. The Decoin token is based on a proof-of-stake algorithm can guarantee a 6.2% annual return to all stakeholders. At the moment, the coin is offered in a private sale event with a 35% bonus. The project has good reviews on ICO rating sites.
Decoin has already managed to reach its soft cap target, so they are ready to start working on the platform development. Decoin CEO Shay Perry commented:
“Reaching the soft cap of $4,000,000 is an exciting moment. We are happy with the support of the community and will soon announce further developments in the project.”
Once the public initial coin offering (ICO) ends on October 26, 2018, all of the Decointokens will be allocated to investors’ private wallets and activated.
“There are funds from all over the world that are interested in investing in our project. And we are very happy to be reaching this moment of small success on a long path still to go,” Perry added.
The total coin supply is 140 million, out of which 70 million will be distributed, and 70 million will be allocated and used to ensure the 6.2% return.
By providing its multifunctional trading platform and its suite of credit cards, the Decoin project has great potential. The team assured the public that the company might become an industry leader if it continues to grow at the current pace. For more information, check out the Decoin website, Telegram, Twitter, and Medium channels.
Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.
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