Categories: BusinessExchangeFeaturedNews

CoinJax Goes Beyond Mere Decentralization

CoinJax is a cryptocurrency exchange whose developers have a vision of disrupting the current structure of exchanges around the world. With this goal in mind, it employs decision-making democratization and transparent community-voting powered by tokens. The Co-Founders of the exchange are Christopher Low, Jeremy Khoo, and Lee Jing Chuan. They founded it in 2018, in the hopes of leveraging their seven years’ cryptocurrency trading experience to build an exchange that will set itself apart from the existing ones. However, the dream to develop CoinJax birthed in 2017 with the aid of industry stakeholders. These stakeholders include CRC Capital, a blockchain investment group with a global reach, and Novum Capital, a blockchain accelerator.

How CoinJax Will Operate

Cornerstone investor, Asia Focus Group, led the seed round. This group is an Asia-based venture builder which invests in high-tech projects in multiple booming industry. No doubt, there is no better time to establish CoinJax then now, given that the global cryptocurrency industry is burgeoning with an exponential trajectory. Today, that dream to set up a cutting-edge cryptocurrency exchange has become a reality. To trade on the platform, users will need to have their tokens. In addition, the platform will enable a host of other actions such as platform improvement voting, coin entry/list voting, and strategic direct voting.

Will CoinJax Make All the Difference?

There is no denying the fact that there are many existing cryptocurrency exchanges in the industry. Though, CoinJax is here to make all the difference based on the unique functionalities it features. Some of these attributes include state-of-the-art security measures, regulation compliance, and many others. What the founders find particularly interesting about the platform is the awesome trading experience it will offer. Moreover, the exchange has engaged one of Asia’s best security bug bounty platforms, Antihack.me, to secure customer funds. With this move, CoinJax has demonstrated its commitment to protect its users from cybercriminals all over the cryptocurrency space. Indeed, all is now set for the October launch of CoinJax, and team enjoins all prospective customers to sign up on their website.

Official Remarks

The Managing Partner of CoinJax, Jensen Yee, said that they are optimistic about what the future holds for the exchange. Yee noted that they also believe that the exchange has all the wherewithal to become one of the best trading platforms in the cryptocurrency market.

Commenting, a Co-Founder of CoinJax, Lee Jing Chuan, stated that there is no better time to launch an exchange then now. Stressing the strength of the cryptocurrency exchange, Chuan quipped that the platform is secure, transparent and compliant. The Co-Founder encouraged users to join the exchange, noting that CoinJax is at its high growth phase.

RISK DISCLOSURE

This article should not be taken as, and is not intended to provide, investment advice. Users are ultimately responsible for the investment decisions he/she/it makes based on this information. It is your responsibility to review, analyze and verify any content/information before relying on them. Trading is a highly risky activity. Do consult your financial adviser before making any decision. Please conduct your thorough research before investing in any cryptocurrency and read our full disclaimer.

 

Join our Telegram Group To Stay Up To Date With Crypto News

 

I. Nwaokorie

Ifeanyi Nwaokorie is a content writer with over six years’ writing experience. For the past six years, he has written articles that cut across cryptocurrency, ICO White Papers, Internet of Things, Artificial Intelligence, home improvement, business, lifestyle, etc. With a degree in Information Technology, he focuses primarily on tech content writing, thus using his wealth of writing experience to deliver engaging, relatable articles to our teeming readers around the world. When he writes, Ifeayni doesn’t just aim to keep my readers’ eyes riveted to their screens, but he also ensures they take away something from the article. Finally, he firmly believes that you will have a great time reading his articles. And as you enjoy perusing his articles, please remember to share them with your loved ones and bookmark our page.

Share
Published by
I. Nwaokorie
Tags: Antihack.meAsia Focus GroupCoinjaxCRC CapitaldemocratizationExchangeLee Jing ChuanNovum Capitaltransparentvoting

Recent Posts

  • Altсoins
  • Bitcoin
  • Exchange
  • News

Top Running Cryptocurrencies January 4th, 2019

One of the top performing cryptocurrencies of the day is REPO. REPO (REPO) is currently up 72.75% compared to USD…

6 years ago
  • Blockchain
  • Business
  • News

Gaming Giant Atari Plans to Bring Its Popular Games on Blockchain Platform

As the world is moving towards Blockchain, gaming giant Atari too wants to dip its toe into the emerging technology.…

6 years ago
  • Altсoins
  • Blockchain
  • Business
  • Exchange

Overstock’s tZERO Working on a Crypto Token to Trade Cobalt

Private equity firm GSR Capital has hired tZERO, an Overstock.com subsidiary, to develop digital token for trading cobalt. Overstock said…

6 years ago
  • Blockchain
  • News
  • Regulation

UAE Banks’ Advisory Council Consider Blockchain Adoption

On Monday, December 17th, Gulf News reported that the advisory council of the United Arab Emirates Banks Federation (UBF) can adopt blockchain use…

6 years ago
  • Ban
  • Business
  • Controversy
  • News
  • Regulation

French Financial Regulator Blacklists Four Crypto Websites

France's financial regulatory watchdog - Financial Market Regulator (AMF) is working aggressively to bring down unauthorized crypto companies. The AMF…

6 years ago
  • Altсoins
  • News

Digix Stablecoin (DGX) Comes With the Backing of Gold

There's a flood of new stablecoins hitting the cryptocurrency space in the last few months. A stablecoin is basically a…

6 years ago