Hello readers, I am greatly excited to introduce to you an innovative cryptocurrency and mining Exchange known as CATEX. I came across this unique trading and mining platform while desperately searching for a crypto platform that could solve the problems faced by cryptocurrency traders and miners on other trading platforms, and with CATEX unique features and advantages I got convinced that this will definitely make the difference in the cryptoworld.

You will agree with me that the introduction of the blockchain technology and the cryptocurrency about 10 years ago was to revolutionize the global financial economy, considering the existing statistics by researchers; this technology has seen a huge market capitalization so far.

Howecver, it is unfortunate that despite the disruptive features of the blockchain Technology only a few percentage of the global population have adopted the use of cryptocurrercncies either as traders, investors or miners. The reason for this slow adoption could be attributed to several challenges which do not allow the potentials of this technology to fully manifest.

Nevertheless, every crypto trader or investor wants a trading platform where he or she could comfortably, securely, reliably and effectively trade or mine his or her cryptocurrencies for profits. Although as I am writing this article we have hundreds of cryptocurrency Exchanges both centralized and Decentralized, and we also have some mining platforms , yet unable to satisfy the needs of crypto traders and miners globally, hence the neccesacity of creating an innovative trading and mining platform such as CATEX.

SOME CHALLENGES ASSOCIATED WITH OTHER TRADING AND MINING PLATFORMS WHICH CATEX HAS BEEN DESIGNED TO SOLVE.

Sadly, there are a lot of issues when it has to do with crypto mining or trading that tend to discourage people from undertaking this adventure, some of these issues include:

i. High consumption of power by other mining platforms

High cost of maintaining the mining equipments. Environmental pollution due to the highly used power High cost of transactions /trading fees on other Exchanges Lack of Efficiency in mining due to activities of developing team Lack of transparency on some exchanges Inadequate security measures Lack of proper incentives to encourage users of such platforms. Price fluctuation: this is a major problem in some crypto exchanges as the prices of the tokens are never stable there causing investors to lose money.

THE CREATION OF CATEX

In August 2018, after carefully considering the above mentioned challenges faced by crypto enthusiasts who go into mining and trading, a team of seasoned professionals and highly experienced men in related fields decided to create CATEX as a platform that handles both crypto trading and mining effectively at the same time.

DISTINCTIVE ADVANTAGES OF CATEX OVER OTHER EXISTING MINING OR TRADING PLATFORMS.

Interestingly, CATEX has been uniquely designed with great features that make it outstanding when comparing with others. CATEX outstanding features include but not limited to:

CATEX undertakes trading and mining activities: this implies that on same platform users can trade other cryptocurrencies as well as mine or trade CATT . CATEX gives back to users: when trading on the Exchange and fees are paid, CATT is generated via mining and given back as bonus to the trader who traded other cryptocurrecncies on the Exchange. Unlike other platforms, most of the major decisions on the platform are made by the community; this also encourages participation on the platform. This is done by creating several social media channels where the voice of the large community could be heard and put into consideration by the team. In other to encourage mining on CATEX , upto 5% bonus of fees gotten from mining is given back to users depending on the amount of CATT a user is holding per time.

5.CAT Exchange has the interest of its investors at heart, this is why it pays upto 90% of amount gotten as daily dividend back to investors , guess what? Only 10 % of the raised dividend is left for the Exchange. This is one unique feature of CATEX that has not been found any way in the cryptoworld. Price stability: in order to control the coin price and make it stable, CATEX has introduced a buyback program where CATT is bought back by the team and kept in a special wallet whenever the need arises. The lock time introduced by CATEX is also one of the strategies to add value to the token. Also, since holders are paid dividends according to the amount of their locked tokens and a lot of holders want to earn more rewards, therefore they lock a high amount of tokens and this significantly reduced the circulating amount of CATT token.

A PICTORIAL REPRESENTATION OF CAT EXCHNAGE

THE TOKEN AND USES

CATEX created a utility token on the ethereum blockchian called CATT. This token is meant to serve as the major driver of the CATEX ecosystem. CATT is used for several purposes such as:

CATT is the token given back to users as bonus for trading on the platform It is the coin traders mine on the CATEX platform Payment for other rewards and incentives on the platform

BENEFITS OF TOKEN TO HOLDERS

In holding CATT there are some great benefits attached to it, such as:

Holders of CATT are the only users permitted to enjoy dividend shared by the Exchange. And a user must hold at least 200 CATT in his account to be entitled to this benefit. Due to the fact that the price of token is controlled, Holders are bound to make good profits from their investments. CATEX token burn program has helped the total supply to reduce from the initial amount of 10b last year to about 2b token presently. This is good news to holders as the value is increasing.

THE TEAM

Good enough, CATEX has the best management team I have seen recently in the cryptoworld. It will interest you to know that despite their great experiences and tight schedules, they are very accessible to users. This is because users can freely communicate and share their views with the three core team members on telegram.

CONCLUSION

In my opinion, I will say this project is a dream comes true for every crypto enthusiast either as an investor, trader or miner. The unique advantages of CATEX are such that are not found on other Exchanges. In other Exchanges, traders pay a huge amount as trading fees and got nothing in return, but in CATEX as we trade, we are paid for trading. This is a great idea that will in the nearest future attract so many individuals as well as organizations to CATEX Exchange and the cryptoworld as a whole. Join me and be a part of this great community and you won’t regret it.

However, since this article could not capture all the unique features and information concerning this project, I therefore advise my readers to visit CATEX website https://www.catex.io/ and social media for updates and more information.

THE CORE TEAM MEMBERS



For recent updates and other information please visit the links below:

Website: https://www.catex.io/

Telegram: https://t.me/catex_group

Twitter: https://twitter.com/catexofficial

Facebook: https://www.facebook.com/officialcatex

Username:badgio

Profile:https://bitcointalk.org/index.php?action=profile;u=1252760

Eth:0x9439529B2A09172e299721F19089bb647bd5E1Cc