The cryptocurrency industry is slowly but steadily merging with the foreign exchange market, and its stake is increasing on a daily basis. As soon as regulatory frameworks and standards are established at national and international levels, the crypto market will enter the legal space, suggesting that it will have the door open for ascension.
Decoin, a blockchain startup, wants to push the crypto industry and contribute to its fast-paced evolution. The team is working on a trading and exchange platform that would share its revenues with the users. Besides, Decoin is providing its own suite of crypto-debit cards, which are linked with the coin’s wallet. The whole ecosystem is fueled by Decoin, which is currently released during a private sale. In the following lines, we’ll touch upon these and other products offered by the young company.
DecoinTrade and Exchange Platform
Decoin is a startup that was launched two years ago by people who have experience with the financial markets, especially with the Forex industry.
The company’s core product is a cryptocurrency-oriented exchange and trading platform where investors can buy and sell multiple currencies or speculate on their prices. The Decoin Trade & Exchange Platform (DTEP) will boast several unique features, such as sharing its own revenues with the users. This suggests that Decoin holders registered with the platform will become eligible to receive up to 20% of the trading revenue recorded by the exchange.
If you don’t want to miss the chance offered by the growing crypto market but feel that you lack solid trading experience, you can try to rely on DTEP’s social trading features. It allows novice investor to copy or get inspired by professional traders. Besides, Decoin provides online customer service in multiple languages to better serve traders around the world.
The team aims to make the platform secure, transparent, quick, scalable, and with lots of features, including technical analysis tools. 97% of users’ funds will be stored offline, while 3% will be actively traded under the protection of an insurance plan.
To make the trading experience profitable and enjoyable, the company launched its first crypto index called DCI. The index will have from five to eight promising crypto projects. In the future, more indices will be created, which will cover different sectors.
What’s more important, the platform will be licensed, as the company seeks to register it with the Singaporean RMO. The team expects that the platform will be ready in about 4-6 months from now.
Decoin’s Other Features
To ensure a comfortable and smooth trading experience in which users can easily access the fruits of their investments, Decoin provides a package of crypto-debit cards. This will help traders use and spend their Decoin tokens whenever and wherever they are.
The five types of cards come with various benefits and features depending on the investment.
The Decoin ecosystem will operate with a token with the same name. The Decoin token is based on a proof-of-stake algorithm can guarantee a 6.2% annual return to all stakeholders. At the moment, the coin is offered in a private sale event with a 35% bonus. The project has good reviews on ICO rating sites.
Decoin has already managed to reach its soft cap target, so they are ready to start working on the platform development. Decoin CEO Shay Perry commented:
“Reaching the soft cap of $4,000,000 is an exciting moment. We are happy with the support of the community and will soon announce further developments in the project.”
Once the public initial coin offering (ICO) ends on October 26, 2018, all of the Decointokens will be allocated to investors’ private wallets and activated.
“There are funds from all over the world that are interested in investing in our project. And we are very happy to be reaching this moment of small success on a long path still to go,” Perry added.
The total coin supply is 140 million, out of which 70 million will be distributed, and 70 million will be allocated and used to ensure the 6.2% return.
By providing its multifunctional trading platform and its suite of credit cards, the Decoin project has great potential. The team assured the public that the company might become an industry leader if it continues to grow at the current pace. For more information, check out the Decoin website, Telegram, Twitter, and Medium channels.
Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.
Property Loans for Foreigners in Singapore That You Must Know About
Intending to invest in a residential or commercial property in Singapore?
When it comes to foreigners applying for a loan in Singapore, things can be pretty hard regardless of the reason whether you need the property for personal or business purposes.
In Singapore, buying a property is challenging, whether you are a foreigner or a native, and sometimes applying for a loan is the only way for you to afford it.
HOW MUCH CAN YOU BORROW FOR A PROPERTY LOAN IN SINGAPORE?
As for the Foreigner Loans, in Singapore, there is an exact amount of money you can borrow to finance the purchase of a property.
In this sense, Singapore has the Loan to Value Ratio (LTV).
The LTV ratio is what determines the exact amount of money you can borrow for a property loan, which changes depending on where you try to obtain the loan:
- If you are applying for a bank loan, you can borrow a maximum of 75% of the value of the property you want to purchase. That means if you are looking for a property that costs $500.000, the maximum amount of money a bank lender can give you like a loan in Singapore is going to be $375.000.
- When you are applying for a loan with a Housing…
CoinField Launches Sologenic Initial Exchange Offering
CoinField has started its Sologenic IEO, which is the first project to utilize the XRP Ledger for tokenizing stocks and ETFs. The sale will last for one week and will officially end on February 25, 2020, before SOLO trading begins on the platform. Sologenic’s native token SOLO is being offered at 0.25 USDT during the IEO.
Earlier this month, Sologenic released the very first decentralized wallet app for SOLO, XRP, and tokenized assets to support the Sologenic ecosystem. The app is available for mobile and desktop via the Apple Store and Google Play. The desktop version is available for Windows and Mac.
“By connecting the traditional financial markets with crypto, Sologenic will bring a significant volume to the crypto markets. The role of the Sologenic ecosystem is to facilitate the trading of a wide range of asset classes such as stocks, ETFs, and precious metals using blockchain technology. Sologenic is an ecosystem where users can tokenize, trade, and spend these digital assets using SOLO cards in real-time. The ultimate goal is to make Sologenic as decentralized as possible, where CoinField’s role will be only limited to KYC and fiat ON & OFF ramping,” said CoinField’s CEO…
Many of the Top Sports Betting Websites for 2020 Can Be Found On Boomtown’s Best Betting Page
Sports betting is one of the widely known types of online gambling. With a large number of sports fans around the world, this type of gambling is one of the most sought after. The problem usually comes from when gamblers try to find the best sites out of the many available ones. Many new sports betting sites come up daily, thus making the selection process even harder. One of the best places to find top betting websites for sports is Boomtown Bingo. This platform doesn’t just give users the best online casino games websites, but they also cover sports betting. As such, boomtown bingo remains a one-stop-shop for everyone who needs the best and the latest online gambling and gaming sites for all types of devices.
The performance of any website is critical. Users need to find their way around the site easily, and that can be made possible with the site structure and arrangement. Loading time is also essential. A website that always hangs thus pushing the user to refresh every time is no good. These are some of the factors that Boomtown Bingo looks into when selecting the best sites for its users. You can be sure that the new sports betting websites listed on Boomtown’s platform have faster loading time, can be used easily by everyone, including those who are trying this betting for the first time.…