About CryptoSouk
We believe that there is a unique opportunity to focus on the exchange of centralized currencies in the Middle East and Arabia. We also believe that basic operations for trade and experience doing business, if necessary, to create deeper and inappropriate to use. In the Middle East, there are many wholesalers and investors who want a higher level of service and are not interested in more detailed details of private key detainees. They also want to work with trade platforms that have culture, enable the region and change their language. They can participate in this growing economic phenomenon, not in technical phenomena. We have combined a team of forex experts and technical experts and regional and technical experts who can provide unique Arabic. We offer a platform launched in the region, the first offering bitcoin trading, Ethereum, Litecoin, Ripple, Dash, Zcash, and Monero. We hope that we will be able to offer this coin, it will also help us get new customers to exchange.
WHY CRYPTOSOUK?
Reliability is combined with a variety of rich features
Enjoy the best digital asset exchange that focuses on the needs of beginner traders, professional traders and digital currency experts. We are dedicated to making digital currency trading accessible, fast and completely safe.
PROBLEM
Buying, selling, holding, and trading cryptocurrency is difficult. We are pleased with the various new decentralized exchange ideas developed but they often suffer from severe liquidity and market shortages. However, in the Middle East, we think that traders and investors are more actively looking for a higher touch, and it is easier to use trading partners that are more in line with their expectations for participating in financial markets. Our customers also want to know that there are local people in the area that they can reach who speaks their language and understand their habits.
The crypto exchange market is growing at a very high level. One of our exchange competitors, Binance, announced that they had obtained more than 250,000 new customers in one day. Coinbase has more than 20 million accounts and 52 million tokens managed in May 2018.2 The top 10 crypto exchanges in the world are on track to generate more than $ 1 billion dollars in fees every year according to Bloomberg's analysis of markets.3 Simply put, the overall measure of marketing cryptocurrency grows exponentially with strong signs of a basic expected basic ratio.4 Opportunities for exchanges around the world to gain market share in fast-growing markets are difficult to downplay.
SOLUTION
CryptoSouk has launched the cryptocurrency trading platform from ST Vincent & the Grenadines and Kuwait. Exchange will be launched in early Q3 2018 with trading pairs supporting Bitcoin, Ethereum, Litecoin, Ripple, Dash, Zcash and Monero. The company plans to continue to add trade support for additional crypto assets that the company feels exceeds certain minimum persistence. Our exchanges also allow loading of accounts with payments for cryptocurrency or fiat. Based on the expertise of the founding team, we have chosen partners to help us provide an exchange platform, liquidity on our exchanges, and various funding options.
We believe that we will continue to grow in the region based on the following competition factors. First we think that being able to transfer fiat currencies in and out as cheap as possible and as genuine Dinar, Dirham, Riyals and Dollars may be very important. For that we plan to invest in tools and partners that can help us reduce these costs and make funding or redeem fiat not expensive and easy. Second, we believe that, although not all crypto assets are worthy of being listed on our exchanges, that a variety of crypto trading partners and assets will be important factors that customers will see when they choose the preferred market. Third, we believe that higher touch customer service is very important in this region so we plan to invest in customer service to be able to provide a more humane touch on a scale when doing it efficiently and profitably. Last but not least, the local knowledge team from KYC / AML relevant documentation will play a key role in providing a unique user experience and friction.
The CryptoSouk Referral Program is designed to generate virus growth, and is very interesting for our clients who can use their inner circle and Influencers who can use their social media accounts to publish CryptoSouk. CryptoSouk has a simple and very useful referral system. Every user with an account at CryptoSouk.Exchange will have their unique referral code that can be shared with others. After other users register using this referral code, the referee is entitled to 50% of the transaction fees paid by their referrals for a full year. For example, User A shares their reference code with User B. User B enters User A's reference code when creating a new account. During the year starting from the date of creation of User B account,
CryptoSouk Exchange has the right to make any changes including the complete terminal of the referral program at any stage without prior notice.
We plan to use our tokens to appreciate our initial supporters. SOUK utility token purchasers will get trade fees and other fees if paid in SOUK tokens. Next we plan to repurchase these tokens on the market with a portion of our profits after we make a profit. We think these incentives and awards align the company with our initial supporters and customers.
We plan to use our tokens as a method for crypto asset projects that are feasible to pay our listing fees cheaply. We incur some costs depending on the nature of the underlying crypto assets and that varies depending on how similar or different each asset is from the perspective of the blockchain protocol. However, we also believe that listing a viable project should not be an excessive profit center because there is every person's interest to see it available to our customers with increased liquidity. Furthermore, we also look forward to the arrival of security tokens and take steps to prepare our platform from a regulatory perspective.
We have chosen Malta for our [parent company] and to conduct our ICO because of the rules for the use of the country's tokens and membership in the European Union. We also pursue exchange licenses at Abu Dhabi Global Markets (ADGM) where, with offices in Kuwait too, our operations generally occur. Our current licensing status awaits the final release of the regulatory framework for ADGM to operate under OCAB (Operating Crypto Asset Business) and the recent activation of the Virtual Financial Asset Assets recently in Malta. We believe regulatory certainty will be a more important part of the decision about which customer exchanges will entrust their crypto assets.
TECHNOLOGY
Our technology is oriented to simplicity, security and reliability to support a variety of rich features. Top of the line trading UI - CryptoSouk is a major trading and financial technology company. We have 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 completely safe. • Company matching machine with execution capability of 1 million persecond transactions • Original Mapping • Advanced API to access or provide liquidity to others • Multiple integration capabilities for KYC / AML, Banking / PSP • 20+ booking options including but not limited to; CONTENT or KILL, IOC, STOP, LIMIT, etc.
Token Information
Token: SOUK
Type: ERC20
Price 1 SOUK: 0.5 USD
Price PreICO 1 SOUK: 0.37 USD
Platform: Ethereum
Hard Cap: 11,000,000 USD
Country: Vincent and the Grenadines
Whitelist / KYC: KYC
The restricted areas of the United States, Iran China, Yemen, Syria
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
Allocation of Token
Roadmap.
Souk Team.
CONCLUSION
Is this company a good investment for you? If you believe in the power of artificial intelligence, yes. CRYPTOSOUK developers are confident that they will be able to achieve some success in this segment. AI is likely to increase a lot in the future, as well as the company's costs and tokens.
CRYPTOSOUK can be a good long-term investment for you, because the possibility of this company will offer a good return on investment, but in the future. If you have enough patience, it would be good to invest in this company.
Here is an overview that I present to all of you in searching for information and knowledge about the CRYPTOSOUK project that is currently being carried out by their team, if there are shortcomings in explaining this article, don't worry, I have prepared a link to get the right information and, of course ,
More information Visit the CRYPTO SOUK Link:
Website : https://cryptosouk.io/ico
Whitepaper : https://cryptosouk.io/pdf/whitepaper_v2.pdf
ANN Thread : https://bitcointalk.org/index.php?topic=4515317
Twitter : https://twitter.com/CryptoSouk
Facebook : http://fb.me/CryptoSouk.io
Telegram : https://t.me/cryptosouk_community_en
Reddit : https://www.reddit.com/r/CryptoSouk/
Bitcointalk profile URL ; https://bitcointalk.org/index.php?action=profile;u=2109527
ETH address ; 0x7E70C5E5A01D1409f71eC1c278d29f545DEd5c71
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