Catena - advanced trading features
Cryptocurrency is gradually becoming a part of human life. Today it is used in the work of some new services, as well as in trade. However, the most popular area is the trading of cryptocurrencies on exchanges, since it allows you to get the maximum possible income in a relatively short period of time.
However, today the work of most cryptocurrency exchanges is aimed at maximizing profits for developers, and not at developing a cryptocurrency economy as a whole. As of today, the main problems of all trading platforms that trade in virtual currencies are:
- lack of regulation that protects traders and the exchanges themselves;
- the low level of security of the exchanges, which makes them the main target of cybercriminals;
- sophisticated user interface that repels novice virtual currency merchants;
- poor customer support, providing answers to important questions during the week;
- low level of liquidity;
- low bandwidth;
- lack of support for multiple languages;
- large commissions fees.
The solution to all of the above problems will be a modern exchange for uninterrupted exchange of virtual currencies and trading called Catena.
The main task of the creators of Catena is to develop a fully transparent and decentralized platform for trading virtual currencies that can solve all the problems of modern exchanges and attract millions of new users for a secure exchange. Platform users will work with it using a custom user interface. It can contain both the clear features needed by newbies and more advanced tools suitable for professional traders. The main currency of the platform will be CATKN tokens, which will be charged to exchange participants as commission fees for performing transactions. You can buy these coins during the ICO.
Catena's trading platform will seek to eliminate entry barriers and solve problems facing global trade. After providing the platform with small and medium enterprises, Catena will switch to providing powerful tools to promote the growth of the global trading market. Although the platform architecture is mainly based on distributed register technology, it also incorporates aspects of artificial intelligence. Naturally, decentralized exchanges are difficult to establish because of their complexity. However, the most notable advantage of such platforms is their independence, since they do not require third-party maintenance for keeping investors' funds. Instead, trading is facilitated directly between users applying for the Catena platform. This, combined with the immutability of the block chain, makes transactions transparent and immune to fraud.
Catena will be the largest trusted platform for international and domestic trading and the first choice for all business transactions around the world to empower every business with a powerful platform and powerful tools to expand their market coverage and secure their business activities while opening the door to unlimited opportunities for small and medium-sized enterprises through the transparency of market parameters and low barriers to entry, ensuring growth and prosperity of the economy. Nevertheless, the most prominent advantage of such platforms is their independence, since they do not require third-party maintenance to hold investors' funds. Instead, trades are facilitated directly between users applying for the Catena platform. This, combined with the invariability of the block circuit, makes transactions transparent and non-susceptible to fraud.
Displaying ETP and COMAI for exchange is great benefit. Adding both features will be a market change for the stock industry, since there are no existing stock exchanges or trading platforms that extend the capabilities of their clients with these tools, which is also important to note that in this case Catena will have its advanced trading features such as Stop Loss, Take Profit, Stop Loss Limit, Take Profit Limit, Trailing Stop. Catena will sell tokens to raise capital for its project. The Catena token is a standard ERC-20 token based on the Ethereum blockchain. The total supply is limited to 250 million, and no additional tokens will ever be minted. It is noteworthy that the Catena token will become the only acceptable currency in the Catena ecosystem.
Token distribution:
58% – ICO
2% – ICO partner
15% – Team
3% – early contributors and consultants
20% – resolution center
2% – bounty
And distribution of funds:
13.3% – system development
37.6% – exchange platform
24.7% – exchange ecosystem
13% – operating beds
6% – contingency and processing center
Creating decentralized exchange with the functions of the exchanger, ensuring the safety and reliability of operations, as well as ease of use is a very important project for the development of the virtual currency sector. Due to these qualities, Catena can attract as novice traders who need a simple and convenient interface, as well as experienced traders who want to find a safe platform. Catena is the right choice because both parties will feel satisfied and safe with their money and products, because the structure is decentralized on the blockade.
Website: https://www.catenaex.com
WhitePaper: https://s3-ap-southeast-1.amazonaws.com/whitepaper1/White+Paper.pdf
Facebook: https://www.facebook.com/CatenaExchangePlatform
Telegram: https://t.me/Catena_DEX
Bounty0x: sunny01