Cloverdex cryptocurrency exchange and multi currency wallet
Introducing Cloverdex
We are an Australian based team offering a One stop shop for multiple fiat gateways, hundreds of cryptocurrencies, and crypto debit card facilities
Cloverdex is a platform that consists three products:
Modular hybrid decentralised exchange;
Secure multi-currency wallet; and
EFTPOS debit card – every day purchases using cryptocurrency seamlessly
Our Platform
We aim to tackle seven challenges facing current cryptocurrency exchanges:
1). Usability – current exchanges involve too many steps and are tailored for advance users or assumes that the user has pre-existing knowledge
2). Security – cryptocurrency exchanges have been susceptible to hacking and internal fraud because of lack in security focus and funding.
3). Liquidity – having not enough people trading on an exchange results in greater difficulty to trade, higher asset costs for investors, and difficulty in withdrawing funds in fiat.
4). Transparency – Hidden trading fees and commission charged results in higher investor cost and lack of trust.
5). Compliance – customers are hesitant to enter the cryptocurrency market due to perceived uncertainty in regulations and laws.
6). Education – most exchanges cater to advance traders and lack proper education and easy to use tools for beginner investors.
7). Accessibility of funds – current solutions to bridge traditional payment infrastructure and blockchain based assets are not seamless and involves high transaction fees either through upfront fees or currency conversion rates, both of which form a disincentive for use.
MODULAR HYBRID DECENTRALISED EXCHANGE
Incorporating the speed and liquidity of centralised exchanges with the security afforded in a decentralised exchange where the user owns their private keys.
The Cloverdex trading platform will cater to both beginner and advance users through our 3-step ethos. This means that all actions (e.g. registration, trading) can be completed within 3 steps.
In addition, Cloverdex exchange will offer the following:
Multiple Fiat pairings – up to 10 different fiat pairings initially with more to come.
Support over 100+ cryptocurrencies and tokens.
Transparency – no hidden fees.
Security – 2 Factor Authentication and Multisig implementation. Periodic external security audit by a reputable firm.
Liquidity – maximise liquidity and best available prices by tapping into external exchange pools.
SECURE MULTI-CURRENCY WALLET
Full control and ownership of your crypto assets.
Store a multitude of cryptocurrencies/tokens.
Manage Debit Card settings.
Simplified crypto asset management and transacting.
Private key ownership.
Strong security focus – 2FA and multisig
EFTPOS DEBIT CARD - HIGHLY ACCESSIBLY USE OF CRYPTOCURRENCY
Instantaneous and seamless use of cryptocurrency for every-day purchases.
Usable at millions of EFTPOS terminals around the world.
Planned future integration with Google Pay and Apple Pay.
Convert crypto assets to fiat currency at point of purchase.
Full control of debit card – transaction limits and weekly/monthly spend limits.
The cloverdex exchange solution to the aforementioned problems
Cloverdex target to launch a cryptocurrency trading platform for beginner and professional traders with trading tools by incorporating innovative crypto economic concepts , technological knowhow and educational
In continuation, it build a strong business model that is economical sustainable to tackle the above listed problems and benefiting the cryptocurrency community with investors in our vision and mission statement
Key success of the cloverdex crypto exchange
Providing Liquidity that is typical of centralized exchange
Customer support
Training Tools for beginner and professional
It is regulated
Latest technology
Cloverdex working product
An advance cryptocurrency trading platform
A multi currency wallet
An EFTPOS debit card
Some of the benefit users derived using the exchange
Access to multiple different cryptocurrencies
24/7 supported trading
Low transaction fees
Rapidly accepted deposits and withdrawals in CRYPTO for all users
Audit trades
Ability to place, edit and cancel limit orders into the order book
Fast matching engine
Advantages of holding cloverdex token
Discount on trading fees
Free EFTPOS debit card ( 3000 holders upward)
Participation in community discussion and right to vote
Access to advance market analysis tools
Early beta access to trading platform and mobile wallet
Token details
Token Symbol CLDX
Token platform Ethereum ERC20 token
Total token supply Total token supply is 100,000,000 tokens never to be
increased. 80,000,000 tokens for sale (including bonuses)
20,000,000 tokens (20%) company allocation for core
team (vested over a 3-year period).
ICO Tokens for sale 80,000,000
Tokens reserved for
promotional activities and
airdrop
6,666,666
ICO soft cap $5,000,000
ICO hard cap $15,000,000
Pre-sale token allocation 15,384,615 + 30% bonus (unsold tokens will be made
available for the public crowdsale)
Public crowdsale token
allocation – first 20 million
tokens allocation (15% bonus)
17,391,304 + 15% bonus
Public crowdsale token
allocation – second 20
million tokens allocation
(10% bonus)
18,181,818 + 10% bonus
Public crowdsale token
allocation – Final 20 million
tokens allocation (5%bonus)
19,047,619 + 5% bonus
Price per token (excludingbonus)
USD $0.2143
Ethereum/Bitcoin
conversion rate subject to change dependent on ETH/USD price closer to the sale
Unsold Tokens Unsold tokens at the end of the crowdsale will be burned
Team
Conclusion
Cloverdex is a decentralized cryptocurrency e exchange that offered solution to the current problems facing current exchanges, liquidity, insecurity, lack of proper regulation, problem and so on , it provide trading tools for begineers and advance traders, it have working product that will increase the value of the token , trading exchange , multi currency wallet, An EFTPOS debit card
Contact us
WEBSITE link- https://www.cloverdex.io
WHITE PAPER link - https://cloverdex.io/wp-content/uploads/2018/12/WhitepaperFinalV1.2.pdf
TELEGRAM link - https://t.me/cloverdex_community
TWITTER link - https://twitter.com/cloverdex
REDDIT link - https://www.reddit.com/user/cloverdex/
MEDIUM link - https://medium.com/cloverdex
Linkedin link - http://www.linkedin.com/company/cloverdex/
Author: KHAN SHIQ QHEIL
My Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=2550289
ETH Address: 0xa809395b84354d256302D97d5C68AaEE9EF84005
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