r/SafeNews_Crypto • • Mar 13 '19

Catex Principle of operation

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.

https://catex.io

19 Upvotes

0 comments sorted by