Coinchum Is a P2P Crypto Exchange Built Specifically for the World's Unbanked People

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3 years ago

Abstract


The crypto market has grown quite significantly in recent years. Since bitcoin was first launched in 2009 until now, there are many coins circulating in the crypto market. The development of the crypto market is largely influenced by centralized and decentralized exchanges, which underpin the trading of the crypto market. But even so, there are still many unbanked people who have not been affected by cryptocurrencies. This is not because they don't want to, but most platforms are passive in educating the unbanked people.

Cryptocurrencies can improve the quality of life of many people, especially for unbanked people, they can get access to financial platforms more easily. Therefore, Coinchum wants to be a marketplace that will provide inclusive and modern financial services, especially for the unbanked people. Coinchum was built by experienced traders for the world's unbanked people, so it is hoped that with the presence of Coinchum, unbanked people can get financial services for their various needs.

P2P Crypto Exchange for Unbanked People


According to data, there are about 1.7 billion unbanked people worldwide, with the largest percentage from China. There are many problems that cause this, but the most common is lack of education. If properly covered, these unbanked people will have the opportunity to be able to access various financial features to improve the quality of their lives. Seeing this, Coinchum is moved to become a P2P marketplace that will provide various financial features that will help users, especially unbanked people. Coinchum is a P2P crypto exchange built by professional traders for unbanked people who are struggling to get access to financial services. Coinchum will provide features that will help users, especially beginners who are new to the crypto market, Coinchum will provide educational resources that will help them to get a good grip on the crypto market.

Coinchum is built by professional traders who already understand the crypto market and what users need. The Coinchum interface is designed to be user-friendly and integrated with various features, which makes it easier for users to navigate even for monitoring and analysis of market trends.

Coinchum Features


Coinchum is a P2P marketplace designed by professional traders for unbanked people so they can get modern and inclusive financial services for their various needs. Coinchum provides beginners with the resources they need to get a good grip on the crypto market. At Coinchum, they can get educational resources to use advanced market tools for monitoring and analysis of market trends. But that's not all, there are several other features of Coinchum:

  • Voting System: Users can participate by voting to be able to decide which coin to list on the exchange.

  • Low Fees: Users can trade with low fees on many binary trading pairs such as BTC/USD.

  • Excellent Customer Service: Customer service will help users to be able to answer their various complaints and inputs.

  • Wallet Security: Security is number one, that's why the team developed a high-security wallet to ensure that the user's assets are completely safe.

  • Anti Scam: The team designed Coinchum with an anti-scam system that will secure the platform from scammers.

  • Cryptoanalysis Tools: Tools that will help users to be able to analyze the market well.

  • Flexible Fee: Users will get lower fees if they have Chum tokens. Or tiered users who have different badges and privileges compared to other users.

CHUM Token


CHUM is a token launched by CoinChum to support the operation of the platform. Later CHUM tokens will serve as utility and governance tokens. CHUM tokens were launched on the Binance BEP-20 platform with a total supply of 200,000,000 CHUM. CHUM tokens have many uses such as payment fees, security deposits for buyers and sellers, voting rights, and payments in several sectors.

Coinchum Roadmap


The Coinchum team started to research and development in Q1 2020, then continued with a proof of concept in Q2 2020 so that investors could see the real concept of the Coinchum platform. Then later in Q2 2021 the Coinchum team started the backend design development and continued with the exchange platform test. And then the Coinchum team will launch a whitepaper that contains various information needed by users and investors and continues with a token sale. Then in Q3 2021, the team will start an Open Token Sale for the public, and in Q4 2021 the team will do web development. In Q1 2022 the Coinchum team will register for LPF in Hong Kong and launch an official P2P exchange. And in Q2 2022 the CHUM token will be listed on the exchange and in Q3 2022 there will be an injection of funds into SPAC in Hong Kong.

To conclude


There are approximately 1.7 billion unbanked people who have not been covered by financial services. And there are even more people who are not covered by cryptocurrencies. By getting to know cryptocurrency, people especially unbanked people can get the opportunity to improve their quality of life with various modern and inclusive crypto finance features. That's why CoinChum is here as a P2P marketplace that allows people to access various crypto features for their various needs. CoinChum was built by professional traders for users, especially unbanked people. With the solutions offered by CoinChum, newbie users can get educational resources to understand more deeply about the crypto market and use the various tools available. In this way, CoinChum can attract more people, especially unbanked people, to join the crypto market and experience the benefits of cryptocurrencies.

Connect with Coinchum


WEB: https://coinchum.co/
TWITTER: https://twitter.com/Coin_Chum
FACEBOOK: https://www.facebook.com/CoinChum-344694393302164

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Comments

Crypto is indeed a good deal to true financial freedom from centralized banks and the likes. It's always refreshing to see blockchain projects such as coinchum , https://atomicwallet.io/ etc who are making it easy trade cryptocurrencies.

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