CGCX : first insured hybrid crypto platform in singapore

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CGCX


Since 2017, many blockchain-based financial service providers have emerged to fill this need. Large financial institutions are also starting to move into this nascent space, with some degree of success. However, this industry still has potential for development. With the applications of blockchain technology still growing at an exponential rate, we will see many positive changes in future. CGCX
aims to be a leader in financial services for cryptocurrencies, as well as the top hybrid exchange platform based in Singapore. At its core, CGCX is a high-availability exchange platform that offers a straightforward, user-friendly interface for both individual investors, as well as institutional traders. As a hybrid exchange, CGCX will offer both crypto-to-crypto in addition to fiat-to-crypto trading pairs. As part of our dedication to user experience we will offer 24/7 customer support, as well as merchant solutions for existing businesses to help them incorporate cryptocurrency and smart contracts into their current workflow. Moreover, to provide peace-of-mind to our users, on top of implementing strict security measures for our infrastructure, we will also channel some of our revenue towards obtaining insurance coverage that will provide financial protection for our users

Vision

To be a global leader in crypto exchange and blockchain solutions, with a focus on financial benefit and safety of all stakeholders.

Mission

To offer the best quality service with a wide range of products by providing innovative, secure, & cost-effective solutions for customers, and expand to become a leading global blockchain solutions firm

Buy and Sell: Fixed / Custom Amount (Retail Investors)

For ease of use, casual or first-time users have the option to buy or sell preset amounts of digital currency. These block amounts provide a familiar reference point and streamline the buy/sell process. For example, the user may purchase Bitcoin in chunks of US$100, US$200, US$500, or US$1000, as per prevailing market rates. Users may likewise send and request funds in any of the supported currencies.

Deposit / Withdrawal

Deposits and withdrawals are handled through modals, or pop-ups. In the screenshot example below, a user is prompted to deposit Bitcoin using either a Deposit Address, or by scanning a QR code. By default, national currency deposits and withdrawals are handled through wire transfer

CGCX Wallet

The CGCX Wallet is the multi-currency payment gateway inside the CGCX ecosystem. It allows users to exchange fiat money, cryptocurrencies, or virtual goods for any liquid assets available on the platforms.
  • Multi-asset compatibility (any blockchain asset compatible with and accepted by the CGCX Wallet).
  • Best available foreign exchange rate and transaction fees.
  • Decentralized and secure storage.
  • Items are stored on a blockchain-based-system.
  • Fraud and scams are prevented and belong to the past.
  • This is insured against cyber attacks and hacking.

ICO Listing Platform

The CGCX hybrid platform not only allows our clients to trade with confidence in all cryptos, but also allows new alternate coin (altcoin) token issuers to list their tokens for trading. New tokens can be listed in our pool for voting. The CGCX team will perform due diligence reviews of the tokens seeking listing. Upon approval, tokens will be listed for voting amongst the users of our platform. Based on the voting results, the tokens may be listed on the CGCX platform.

Smart Contract Platform

Current contract systems are largely paper-based, and therefore vulnerable to inefficiency, fraud and high transactional costs. When a traders ships goods, he receives a paper bill of lading. In order to obtain trade finance, for example through a letter of credit, this bill of lading has to be sent by courier to his bank and go through many checks and balances that are manually managed in the system.
This process is relatively slow, which creates a need for efficient system that is digitized like blockchain. Our platform has the ability to program smart contracts, which can execute payments automatically without human intervention. All tradable assets that can be represented via a digital token and publicly traded can be used in these smart contracts, subject to regulatory requirements.

Token Sale

We are launching our own CGCX Tokens, issued on the Ethereum blockchain using a Smart Contract. It is a decentralized cryptocurrency issued on the basis of Ethereum and is standard ERC 20 token based on the Ethereum blockchain. The CGCX Token supports all Ethereum wallets and will be freely transferable on the Ethereum platform. We are offering a total quantity of 1 Billion CGCX tokens representing 50% of the total issuance volume of 2 Billion at a price of 1 ETH = 8500 CGCX Tokens.
Our platform, which is in advanced stages of testing, would be launched for beta live trading on June 1st, 2018 and exchange trading for general public would be launched on July 1st, 2018. The proceeds of the token sales are mainly used for the enhancement of our hybrid platform, with further modules to offer additional blockchain solutions. The funds would also be used for the planned expansion into other regions as detailed in our roadmap.

Tokenomics

Token Name:CGCX Token  Token Symbol: CGX
Token Type                           ERC20
Max Supply of Tokens         2,000,000,000 CGX
Token Sale Target                1,000,000,000 CGX
1 ETH                                  8500 CGX
Soft Cap                               5 Million USD
Hard Cap in Token              1,000,000,000 CGX
SAFT                                   47,600,000 CGX
Pre-Sale & Main Sale          9,52,400,000 CGX
Mode of payment                ETH/BTC - Bank Wire Transfer

RoadMap

Team




 FOR MORE INFORMATION :
Website : https://www.cgcx.io/
Whitepaper : https://cgcx.io/docs/Whitepaper.pdf
Facebook : https://www.facebook.com/CGCXofficial/
Twitter : https://twitter.com/CGCXoffical
Telegram: https://t.me/cgcxofficial
Ann Thread : https://bitcointalk.org/index.php?topic=3360185.new#new

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