Monday, October 1, 2018

Coinolix: World-class Trading Facility



Coinolix is a multifunctional cryptocurrency exchange ecosystem with a robust and unique architecture previously unseen in any cryptocurrency exchange. Coinolix is powered by a decentralized Blockchain protocol where the crypto tokens are pegged to fiat currency which is backed by asset reserves making Coinolix a pure peer to peer cryptocurrency exchange.

The matching engine on this exchange can manage 1.2 million orders a second. A high number of trade requests will be countered using this extensible engine in just minutes. This matching engine can compare quite well with any other trading engine in the market today.

In Addition, Coinolix team is comprised of crypto investment veterans which have also delved in forex and stock exchange business. It’s a combination of talent i.e. marketing acumen mixed with tactical and technical knowledge. Coinolix is incorporated in the northern European country of Estonia.



Coinolix Features

Coinolix Exchange service includes Spot market trading, margin trading, and futures markets trades. Coinolix exchange provides a wide range of crypto currencies and ERC20 tokens. Easy to user interface combined with high performance trading engine. Coinolix exchange follows a best practice by keeping the majority of the asset reserve in cold storage, which is not present on the web server or any other computer to secure user fund on exchange wallet.


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Coinolix Token CLX

Coinolix token is CLX which is ERC20 token in Ethereum Blockchain. It’s a multipurpose and multifaceted token which can be used for paying transaction fees, withdrawal fees and trading commission. During the ICO the CLX distribution will be approximately 50 million. The coins will be deposited in the contributor’s wallet within a week of the ICO crowd sale.

The start date of the campaign is 08 October 2018 and the end date is 07 November 2018. During the crowdfunding, the price for 1 token will be 1 CLX = 0.25 USD. As for the ICO targets, the team is trying to raise 15,000 ETH for a Softcap and 277,777 ETH for a Hard cap. If you are interested in participating in this campaign, then BTC, ETH, Fiat can be accepted to buy CLX tokens.

To overcome token abundance in the market and to incentivize token holders, Coinolix has a comprehensive buyback and burn program. The purchase back and burn activity will be carried out every quarter starting in Q3 2019. It entails using the Coinolix exchange profit to buy back the tokens sold during ICO and burning them. This will continue till 60% of the publicly issued tokens are burned.

Tokens Distribution:

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Author:

Bitcointalk Profile: Tpq01349
ETH Address: 0xA73fA2565C18218AC6510c8CD3B220F5794f3B84


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