CoinChum-Global P2P crypto exchange

Introduction

Since bitcoin was first launched in 2009 until now, there are many coins circulating in the crypto market. The development of the crypto market is largely influenced by centralized and decentralized exchanges, which underpin the trading of the crypto market. But even so, there are still many unbanked people who have not been affected by cryptocurrencies.

One of the most recent and significant advances in the world of technology is Cryptocurrency. To trade these cryptocurrencies people generally used regular exchanges where an order book is to match, buy, and sell orders between people. However, neither the buyer nor the seller has any idea who the other party is, and this provides all users with a certain level of anonymity and privacy protection. Bitcoin was originally created to enable peer-to-peer transactions. A peer-to-peer transaction means that you have data related to the person or entity you’re interacting with at all times, rather than interacting with. The information you have on that person can range from a bitcoin wallet address to their forum username, location, IP address, or can even involve a face-to-face meeting.

What is CoinChum?

Coinchum is a Peer to Peer marketplace with various cryptocurrency offerings, including Bitcoin, USDT, and Ethereum, XRP, and the Chum token. Coinchum integrates web-based features with an intuitive interface that enables users to learn from education resources, as well as trade cryptocurrencies using advanced market tools that allow for the efficient monitoring and analysis of market trends.

Aim of Coinchum

Coinchum aims to expand horizontally into new market segments in the future, thereby moving beyond its initial function as an innovative trading platform for cryptocurrencies. Coinchum is committed to working with investors to ensure that their interests are embedded in each stage of the business process.

Coinchum is moved to become a P2P marketplace that will provide various financial features that will help users, especially unbanked people. Coinchum is a P2P crypto exchange built by professional traders for unbanked people who are struggling to get access to financial services. Coinchum will provide features that will help users, especially beginners who are new to the crypto market, Coinchum will provide educational resources that will help them to get a good grip on the crypto market.

Coinchum is built by professional traders who already understand the crypto market and what users need. The Coinchum interface is designed to be user-friendly and integrated with various features, which makes it easier for users to navigate even for monitoring and analysis of market trends.

Coinchum Features

Coinchum is a P2P marketplace designed by professional traders for unbanked people so they can get modern and inclusive financial services for their various needs. Coinchum provides beginners with the resources they need to get a good grip on the crypto market. At Coinchum, they can get educational resources to use advanced market tools for monitoring and analysis of market trends. But that’s not all, there are several other features of Coinchum:

Voting System: Users can participate by voting to be able to decide which coin to list on the exchange.
Low Fees: Users can trade with low fees on many binary trading pairs such as BTC/USD.
Excellent Customer Service: Customer service will help users to be able to answer their various complaints and inputs.
Wallet Security: Security is number one, that’s why the team developed a high-security wallet to ensure that the user’s assets are completely safe.
Anti Scam: The team designed Coinchum with an anti-scam system that will secure the platform from scammers.
Cryptoanalysis Tools: Tools that will help users to be able to analyze the market well.
Flexible Fee: Users will get lower fees if they have Chum tokens. Or tiered users who have different badges and privileges compared to other users.

Competitive Analysis

Tokonomics

Token Name: CHUM BEP20

Total Supply: 200,000,000

Private sale: 85,000,000

Public sale: 95,000,000

Soft Cap — 5,000,000 USD

Hard Cap — 20,000,000 USD

Token usage

Fee payment — Trading fees can be paid with CHUM, at a discount to as much as 50% to normal trading and withdrawal rates.
Security deposit for buyers and sellers on the platform — Coinchum will set up different risk levels for payment methods. High-risk payment methods will require CHUM as a security deposit in order to significantly reduce and screen for fraudulent activities.
Voting rights for coin listing or other priority activity — Holders of CHUM will have the voting facility on the platform to suggest which coin to be list.
Rights to gain access to premium services from various education — Using CHUM token users can access various paid content on the platform for education.

Token sale

The CHUM token crowd-sale is divided into two parts: private sale and crowd sale.
The private sale will begin on August 1 2021 and will end on September 1, 2021. Each CHUM will be priced at $0.30 USD.
The crowd sale will begin on October 1 2021 and will end on December 1, 2021. Each CHUM will be priced at $0.36 USD

Roadmap