DECOIN – What is it?
With cryptocurrency trading volumes growing, DECOIN is looking to enter the fray. They are a team looking to solve multiple issues plaguing current exchange offerings within the industry. With multiple key incentives and services, they just may be able to make waves upon launch. This is needed to separate themselves from the pack. DECOIN intends to launch an exchange and trading platform which will utilize a native token, and seamlessly integrate with multiple crypto card offerings.
Incentives – Why use DTEP?
Based on the Ethereum platform, DECOIN will be creating their very own native token. Found under the ticker ‘DTEP’ (which stand for decentralized trading and exchange platform), the coin will make use of a Proof-of-Stake protocol. One of the perks that POS affords users – aside from energy savings – is the ability to distribute a set return to token holders. In this case users holding DTEP tokens within the predesignated wallet, will be entitled to a 6.2% return for staking. In addition to receiving a 6.2% return for staking, users will also receive discounts on trading fees when paid in DTEP tokens.
A major draw to the platform is the promise to redistribute 10-20% of the exchanges profits among its coin holders. The profits will be distributed proportionately, and drawn from the transaction fees garnered on the exchange. More growth seen in the platform, means that more profits will be realized. As only token holders are entitled to the profits, demand for the DTEP token will surely rise as well.
A major problem plaguing multiple large exchanges over the past year is seemingly a simple one – Customer Service. Although the idea may be simple, execution is a different story. With so many exchange offerings currently available, generating a good trading experience is crucial to attain and maintain a loyal user base. DECOIN will be tackling this issue by providing 24/7 customer support in a variety of languages. They recognize the importance of fostering an enjoyable experience, and have set out to do just that.
Quite possibly the biggest incentive to use the DTEP platform is to gain access to their crypto-cards. A major hurdle in the industry as it currently stands, is the inability to use crypto-currencies for everyday purchases. When used with a connected DTEP wallet, the cards will allow immediate use of their funds.
Established in 2017, DECOIN has set forth on an ambitious journey. The projected launch of their major services are seen here:
Wallet + Token Distribution – Q4/2018
Exchange Platform – Q4/2018
Trading Platform – Q1/2019
The DECOIN private sale is currently open. It will remain so until July 31st, 2018.
Token – DTEP
Protocol – POS
Max Supply – 140,000,000
Circulating Supply – 70,000,000
Blocksize – 2mb
Blocktime – 60 seconds
*For full details, visit the DECOIN website HERE*
Overall, DTEP has the potential to create a popular suite of products. If executed effectively and on schedule, look to see their name become commonplace within the industry. Trading, exchanging, indexes, crypto cards, staking, and more. DTEP potentially has it all.