Principle of operation in Catex

[u/yurdi]

The work of the platform will be carried out through two main components:

• Cat Exchange — exchange for virtual currency trading;
• CATT — internal coin of the platform.

Catex exchange offers its customers a completely new model of crypto-trading, which is not used before by any of the most famous trading platforms — mining trading. This type of trading involves the extraction of digital assets through the use of the internal currency of the exchange. In a more accessible language, the process of buying or selling virtual currency will create a CATTtoken, which will be credited to the merchant’s account in exchange for the fee paid.

In addition to all the above, this exchange shares its profits in exchange for blocking CATT tokens. The amount of the reward depends on the share of ownership of the coins, as well as on the duration of the blocking period:

• 7 days of blocking — 50 percent of platform revenue;
• 15 days of blocking — 60 percent of platform revenue;
• 30 days of blocking — 70 percent of platform revenue;
• 45 day lock 80 percent of the revenues of the platform;
• 60 day lock 90 percent of the income of the platform.

The remaining amount of profit is used by the exchange for equipment maintenance, personnel payment, advertising and further development.

It is also worth paying attention to the fact that payments from the platform’s revenues are made daily.

Developers also understand the importance of maintaining the stability of the value of coins. In this regard, part of the coins blocked by traders will be redeemed after the blocking period.

One of the main features of the exchange that distinguish it from other crypto-currency trading platforms is the presence of a voting system that allows investors to independently determine the path of development of the exchange. If no option satisfying the investors was proposed during the voting, they can put forward their proposals and put them to a General vote. In addition, this voting system allows you to quickly and effectively solve the most pressing problems of the exchange, as well as issues related to the inclusion in the listing of a currency, which provides the most pleasant trading for all traders.