CATEX: THE BEST PLATFORM WHERE USERS CAN TRADE AS WELL AS MINE CRYPTOCURRENCY EFFECTIVELY.

CATEX is not just another crypto trading or mining platform on blockchain, but it’s an innovative platform uniquely designed to offer crypto traders, miners as well as investors the best experience they have ever longed for in the cryptoworld. Please spare some minutes and read this article as I am about enumerating the uniqueness of this great project and reasons you shouldn’t miss being a part of CATEX community.

INTRODUCTION
Do you know that despite the innovative characteristics of the blockchain technology and the use of cryptocurrency, a lot of people are yet to adopt this technology and enjoy the benefits? This, in my in my opinion, is simply due to the challenges that are facing crypto activities such as Trading, mining and investing generally. Although there are several crypto trading (some big and centralized with huge listing charges and others Decentralized Exchanges) as well as mining platforms, all of them seem to have some forms of loopholes hindering their effective functioning. CATEX was therefore designed to seal these loopholes and offer users their desired outstanding crypto benefits.

ISSUES AFFECTING THE EFFECTIVE FUNCTIONING OF OTHER CRYPTO MINING AND TRADING PLATFORMS.

Some of the factors hindering traders and miners from being fulfilled when using other Exchanges to trade or when mining on other mining platforms are as follows:
For Exchanges:
i. Lack of adequate tools for the security of traders funds

ii. Lack of transparency while trading

iii. Complicated user interface which does not allow beginners to successfully carry out trading activities

iv. High trading /transaction fees

v. Low speed of transactions: users have to wait for a very long time before withdrawal is successful.

vi. Lack of proper incentives to encourage traders

vii. Price instability: some other big traders (Whales) are able to manipulate the prices of coins to the detriment of other traders.

viii. Poor customer support services with language barrier.

For Mining platforms:

i. High consumption of power

ii. Expensive mining fees

iii. Negative effect on the environment due to the high power consumption

iv. No incentives or rewards

V. poor or difficult user interface

vi. Huge total and circulating supply of token which affect the price negatively thereby causing investors to lose their money.

CATEX AS AN INNOVATIVE MINING AND TRADING PLATFORM
Catex is specially designed as a crypto Exchange and at the same time a mining platform where traders are also able to mine CATT as they trade other listed cryptocurrencies on Catex. How is this possible? One may ask, that is why Catex is different from other platforms. On Catex, when a trader buys or sell coins , the fees paid for trading is given back to the trader by mining CATT directly to his or her account and Catex does this with 5% bonus of trading fees, that’s a great and an outstanding idea to encourage users isn’t it?

A domino effect of the ever increasing rise in number of cryptocurrencies over the past few years has been a corresponding increase in demand for cryptocurrency management services. At the top of that list is the cryptocurrency exchange services. This increased demand for exchange services has led crypto traders to demand a higher standard from platforms offering the said services. Due to the high standard of services and continuous innovation required of exchange platforms, those behind the scene have not rested on their laurels while they keep looking for new ways to draw in customers due to the stiff competition within the ecosystem.

A major factor that played towards writing this article is the concern of traders over the fees charged by the vast majority of these platforms. These fees tend to affect the less wealthy traders which constitute the vast majority of the ecosystem to a larger extent because a large percentage of what could be their profit gets ripped off in form of trading and withdrawal fees. We've seen a lot of exchange platforms claim to be user-centric, but the truth is that they are mostly concerned about the size of their pockets.

Due to this major problem highlighted in the previous paragraph, it would have been self-centered of me to have found a truly user-centric exchange platform which also offers to hand over the vast majority of the proceeds to users without bringing it to public knowledge.

Introducing CATEX
Catex is a mining transaction exchange platform which intends to offer users the opportunity to mine the “CATT" tokens (the currency that drives the ecosystem) with the goal of offering incentives and refunding transaction cost. The platform has been developed as a result of problems associated with cryptocurrency mining. These problems include;

The amount of power consumed for mining cryptocurrencies.
Increase in cost of mining.
Environmental impacts of the excessive power consumption.
These negative factors have led to the development of a new mining method which is termed “trading mining". This is a process through which mining is being done by cryptocurrency traders and investors while they trade any coin listed on the exchange platform. Catex will offer a 5% bonus on all mining processes to cryptocurrency traders so as to encourage more people to participate in mining.

Key features of Catex

Referral System: Catex exchange offers it's users a 10% referral bonus. This means that you can get as much as 10% of the trading fees charged from someone you referred.
Mining: This is definitely the feature I appreciate most on the Catex platform. You can mine CATT tokens by trading on the platform and you get the tokens at heavily discounted prices.
Dividend: 90% of the total revenue generated from trading fees will be distributed to holders of CATT tokens depending on the relative percentage of CATT in their possession.
Buyback: Catex exchange has a buyback account and burning of tokens will take place regularly all with the main goal of keeping the price of CATT tokens at an appreciable level.
Security: The team behind the Catex platform pay attention to details pertaining to security as 2FA codes have been put in place for login, trading and withdrawal. Once you clear your browser cache or switch to another browser, you will need to verify your login via email.
Voting: Catex offers it's users an opportunity to determine which coins are listed on the exchange on a weekly basis. Each user can vote once with 10 CATT.
Conclusion
Due to the financial implications and excessive energy consumption associated with mining of cryptocurrencies, the Catex exchange platform has come up with a way to take out those challenges while rewarding users in the process. It definitely won't be long before people start to take note of this project and jump on the bandwagon.

BENEFITS OF CATT TO HOLDERS

i. Holders will benefit from the daily dividend sharing depending on the amount they are holding, but a minimum of 200 CATT is required to be eligible to receive the dividend.

ii. With the price controlling modalities, holders will make profits due to low token supply.

iii. Only holders of Catt have full right to vote and make other decisions as community members
CATEX TEAM

Below are the links to social media as well as the websites please do well to visit for more information.
Website: https://www.catex.io/
Twitter: https://twitter.com/catexofficial
Telegram: https://t.me/catex_group
Facebook: https://www.facebook.com/officialcatex
Authour’s btt url: https://bitcointalk.org/index.php?action=profile;u=1445202