From traditional finance to the world of crypto
The team behind the CoinMetro project has already been working in the financial sector for years. They created a successful Forex platform, FXPig, that is known for its transparency, user-friendliness and last but not least great customer support. A recurring problem in the cryptocurrency community is the lack of customer support offered by almost all bigger exchanges out there. This problem was noticed by the CoinMetro team, so they decided to make it their mission, to create a secure, transparent and user-friendly exchange with 24/7 customer support. Not only is this wanted by members of the cryptocurrency community, outsiders who still haven’t gotten themselves into crypto, might not know where to even begin. CoinMetro aims to make it easy for everyone to trade fiat to crypto, and will also offer a variety of other financial instruments that they had implemented on the FXPig platform. The CoinMetro exchange will also offer low fees, fast executing times and reasonable minimum withdrawal limits. All in all, CoinMetro is creating a crypto exchange, that focuses on fixing everything the current crypto exchanges are being criticized for not doing right.
Management & crypto usage
Some users prefer to hold their coins in digital wallets because they aren’t exactly sure how to operate a paper or cold wallet and are afraid that they might lock themselves out of their funds. If this is the case for you, then you have to ability to store a wide range of cryptocurrencies in the CoinMetro multi-sig wallet. To increase the usability of cryptocurrencies, CoinMetro is also offering their very own crypto debit card, which can be used in real life stores just like the debit card you have right now. The difference is, that you can spend your cryptocurrencies with this card, not just fiat currency. You can even withdraw cash directly from ATMs around the world, which is an instant alternative to cashing out cryptocurrencies to your bank account. Another concern the entire cryptocurrency market has right now is the fear of further regulation, which is expected to come in the near future. Because the team behind CoinMetro already has created a project almost like the one they are creating for CoinMetro, they have dealt with regulators for years, and know what to do in these regards.
To fund their project, CoinMetro is raising funds through an initial coin offering (ICO), selling their ERC20 token COIN. The COIN token will be for various tasks on the CoinMetro exchange, such as paying for different services, fees and more. CoinMetro is also creating a buyback program, which could potentially make the value of COIN tokens appreciate as the exchange grows.
The pre token sale started the 11th of December 2017
The token sale ends the 22nd of March 2018
The price of COIN tokens are changing as more people invest, the pre-token sale price started at 0.03 EUR and was increased by 0.02 EUR every 12.500.000 COIN sold.
The same principle was applied to the token sale price, which started at 0.11 EUR. You can always find the current price of COIN tokens at the top of their official site.
- Total amount of tokens issued is 500.000.00 COIN
- A maximum 250.000.000 COIN will be available for purchase during the token sale
- Hard cap is 50.000.000 EUR
The team behind CoinMetro has as earlier mentioned experience in the exact kind of product they are know building for cryptocurrencies, which obviously is a very strong attribute. Here are some of the members behind CoinMetro in graphic form.
If you wish to learn more about each member, see their actual appearance on Linkedin, and read about their advisors. Then visit their website: https://coinmetro.com/ or read their whitepaper here: https://coinmetro.com/wp-content/uploads/coinmetro-wp-newspaper.pdf
If you find this project interesting and wish to learn more about it or their token sale, you can visit the following links below and read their whitepaper. To keep yourself up to date on the project, you can follow their social media accounts also linked below.
Bounty Thread: https://bitcointalk.org/index.php?topic=2542394.0
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