COOPEX is purchased and used


Nowadays, many exchanges experience difficulties and customer service. There are too many users making large transactions at the same time to keep up with the demand. For example, the identification of the user in Gemini (through customer service) can take several months. Bittrex is famous for its immense time to unlock blocked user accounts for no apparent reason. In addition, in January 2018, when Binance closed the registration of a new account due to server overload, demand for Exchange accounts increased, and each person has their own account for hundreds of dollars. For both the Exchange platform and the customer service team, it is clear that many exchanges have to distribute the load evenly.

The current state of change in the cryptocurrency space is inappropriate and absolutely harmful for the worst expansion of the industry. New projects have difficulties to list in a good exchange regardless of the merit of the project or the user base.

Many merchants list new tokens and charge them a ridiculous fee that takes so long after receiving the money. In many cases, this destroys the credibility of the project and destroys the investors. In addition, users of the exchange often charge a high fee for each action they take.
Deposit fees, producer fees, beneficiary fees and withdrawal fees are sent to the exchange and are not visible to the user again. How does all the money relate to the exchange? They certainly do not need all the millions they create. Users of your fans, exchanges should be able to get rewards for the growth of the exchange and trade.

Customer service

Customer service is poor in many exchange centers. We understand how difficult it is for users to wait for months to unlock their accounts or answer support tickets. Projects must also wait months before they appear on the list. COOPEX makes the draft list as transparent as possible. We are not interested in cheating or deceiving the project. When we publish ICO, we will hire a customer service team to take care of the exchange problems that users may encounter. We plan to use Zendesk for this purpose.

Service

We offer a series of commercial services for our clients.

Deal
Take advantage of a fast and responsive user interface to exchange new tokens with important currencies. We plan to move Ethereum and ERC20 tokens to a distributed exchange in the future.
Exchange Listing
We provide an exchange list service for your favorite projects and we don't charge you a commission. Interested in COOPEX listings? Fill in the form here.
Purchase Tokens
Once a month, COOPEX adds more than 75% of the exchange transaction fee and uses it to buy and sell COOP exchange tokens. Do not sell because I will not let you know until later!
Exchange API
Providing API for developers (currently in development).

Marketing

We believe that the exchange is as successful as we can market and promote ourselves. The biggest exchange is paying a lot of money for marketing. The COOPEX team uses 50% of all ICO raised for long-term marketing funds. We are confident that the ICO fund will provide sufficient marketing funds, and if so, we will use the negotiation rate to complement our marketing budget. But since it is cooperative, we hope that users bring the exchange to the market. Finally, 75% of your exchange income will be returned to you through the COOP token.

Coin

COOPEX offers trading pairs with several currencies and tokens. We will mainly list the new ERC20 tokens and plan to pair them with the best currencies in the industry, such as Ethereum, Bitcoin and Bitcoin Cash.

COOP Token

The cooperative exchange token (COOP) is the token of the COOPEX platform. 75% of the COOPEX transaction fees for each month, and COOPEX tokens are purchased and used. The store will be purchased at the market price in the real COOPEX market. We will not make OTC transactions. This token bicycle program encourages higher prices, fewer supplies and the ability to buy and retains tokens to exchange users. The COOPEX project is committed to decentralization.
I am aware of the security problems associated with executing a centralized exchange. We take many steps to ensure the security of the exchange, but sometimes that is not enough. In the future, we plan to distribute the Ethereum and ERC20 exchange shares, as well as the IDEX Smart contract, and the COOP tokens are used as core assets.

Details of ICO:
The ICO transfer began on June 28 and lasted until July 1.

ICO started on July 3. ICO will expire in a month or until 9 million tokens are sold, whichever comes first. The price during the ICO period is approximately $ 0.10 per COOP and the price of BTC / BCH / ETH can be adjusted to that price. The current price is as follows.

1 COOP = 0.0000144 BTC

1 COOP = 0.00012 BCH

1 COOP = 0.0002 ETH (currently disabled)

All tokens not sold until the end of ICO are burned.

The use of ICO participation and exchange is limited to non-US citizens.

Estimated circulation

supply: 10,000,000 Estimated total supply: 12,000,000


Roadmap

COOPEX established
April 2018
ideas for cooperative exchanges are created and teams are formed.
Back end developed
End of May 2018
The development for the Exchange back-end is complete. Alpha mode in which the exchange is closed.
Pre-ICO Start
June 18, 2018
The front-end is completed, the white paper is created and COOPEX opens in Beta mode. The ICO dictionary for the COOP token is started.
Pre-ICO Termination
July 1, 2018
The ICO dictionary ends and the entire ICO preparation begins.
Start ICO
July 3, 2018
Complete ICOs start with multiple currency pairs. During this period, some active markets may also open. The exchange is still a "beta" version. Your marketing campaign will begin.
Developing a complete COOPEX API
End of July 2018
The COOPEX API allows other developers to create tools through the exchange. The API is currently under development and is expected to be complete by the end of July.
After ICO, COOPEX officially opens.
August 3, 2018 or before
The ICO will be completed when this date is sold or 9,000,000 COOP tokens. Currently or soon, the exchange will be officially open in 'Production' mode and bug fixes will be made. The marketing campaign is in progress.
Improved user interface interface
August 2018
The exchange user interface will be updated with a modern and responsive feel. We want to present an intuitive and easy-to-use transaction user interface. During this period, the first purchase of the token occurs.
Introduction of the market creation solution
August 2018
Our goal is to partner with market makers and liquidity providers for our clients. We know how important liquidity is in the market and plan to provide ICO funds for free.
Introduction of margin transactions
End of August 2018
We are currently developing a margin of trading solution for COOPEX and we will complete it by the end of August 2018. The margins of platform trading are short and long-range market choices. Leverage transactions will also be possible.
Developed COOPDEX
September 2018
The development of Cooperative Distributed Exchange, COOPDEX, will be completed at the end of June 2018 and will be completed in September 2018. We will reorganize many parts of Exchange and it will take time.
Open the over-the-counter trading market and the liquidity counter
Q4 2018

Our goal is to provide OTC desks for institutional clients, as well as liquidity solutions for other exchanges through market formation.

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