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Topic: 💰💰💰 [ICO] [SOUK] CRYPTOSOUK - CRYPTO EXCHANGE FOR MIDDLE EAST 💰💰💰 - page 55. (Read 29701 times)

full member
Activity: 686
Merit: 100
★Bitvest.io★ Play Plinko or Invest!
Where exactly is your team stationed, do you have some kind of headquarters?
I searched for this information but did not find it. perhaps the team is not the only central headquarters but works remotely. or just does not disclose this information.
full member
Activity: 392
Merit: 107
What exchange(s) will/do you plan to be listed on?

Do you even plan to go on other exchanges except your own?

Im not sure it would make much sense to get listed on the other exchanges,atleast that practice of other exchanges with their coins,usually its not traded anywhere else.

Unless SOUK is more advanced and can be used for other things too.
newbie
Activity: 112
Merit: 0
Where exactly is your team stationed, do you have some kind of headquarters?
newbie
Activity: 238
Merit: 0

That has almost become a standard nowadays for each new exchange or a platform.It is still good to go that way though to give some incentive to end users.
[/quote]

That's correct! Tokens will be redeemable to pay trading, transfer and other fees at a discount of at least 30%. We reserve the right to create special promotions and windows where token discounts on fees will be higher for a period of time, but they will always be worth a discount of at least 30%. Certain pre-ICO and early ICO coin buyers will get an additional discount applied to the general fee discount. I hope this helps!

Best Regards,

MaZeeCM
newbie
Activity: 238
Merit: 0
Can somone explain whats "souk" means,in the name of the project?

The word "Souk" is an Arab word for market or marketplace; a bazaar.
jr. member
Activity: 238
Merit: 1
Can somone explain whats "souk" means,in the name of the project?
newbie
Activity: 252
Merit: 0
Following with be the usage assuming Hard Cap is met. It will be spent in following proportionate

20% Marketing/Community
15% Market Liquidity
25% Product Development
40% Legal and Licensing.


Don't forget to join our Telegram Channel https://t.me/cryptosouk_community_en

Regards
MaZeeCM


40% in legal and licensing, didn't know it was that expensive and demanding to setup and exchange.

Yeah im sure all those permits aint cheap.
newbie
Activity: 41
Merit: 0
Hungarian translation reserved
member
Activity: 209
Merit: 10
What role does the coin have?

Maybe more like a utility.
Yes. But additionally, buyers of the SOUK utility token will get discounts on trading fees and other costs if paid for in SOUK tokens in the exchange.

That has almost become a standard nowadays for each new exchange or a platform.It is still good to go that way though to give some incentive to end users.
newbie
Activity: 224
Merit: 0
Will people from USA and China be able to participate in the sale?

eople from those countries are usually excluded fro participating in ICO,so thats probably the case here too.

But market is big enough,plenty of people from all over the world,so that shoudnt be an issue.

Maybe if they allow accredited investors to participate.
newbie
Activity: 166
Merit: 0
Following with be the usage assuming Hard Cap is met. It will be spent in following proportionate

20% Marketing/Community
15% Market Liquidity
25% Product Development
40% Legal and Licensing.


Don't forget to join our Telegram Channel https://t.me/cryptosouk_community_en

Regards
MaZeeCM


40% in legal and licensing, didn't know it was that expensive and demanding to setup and exchange.
newbie
Activity: 238
Merit: 0
What role does the coin have?

Maybe more like a utility.
Yes. But additionally, buyers of the SOUK utility token will get discounts on trading fees and other costs if paid for in SOUK tokens in the exchange.
newbie
Activity: 238
Merit: 0
With the growing numbers of ICOs on blockchain exchanges. I can see a tussle in the space on that markets. There are little or no difference between those exchanges while security is not that primed. there still seem to be some new coins not listed and I think new exchanges should be able to help the project.
Agreed. But each product has its uniqueness in itself.
1. Our exchange is specialized in accepting the currencies like Dinars, Dirhams, Riyals along with Dollars.
    This is non-existing in current exchanges and makes the respective currency users limited with trading options.
2. Also, CryptoSouk provides unique opportunity to focus a centralized cryptocurrency exchange on the Middle East and the Arabic language.

Please do join https://t.me/cryptosouk_community_en for latest updates and help your queries clarified.
newbie
Activity: 168
Merit: 0
Interesting project, I learned by reading whitepaper first

That is definitely a good first step!
newbie
Activity: 182
Merit: 0
"Certain pre-ICO and early ICO coin buyers will get an
additional discount applied to the general fee discount."
How much will that additional discount be?

Maybe its not decided yet.
newbie
Activity: 182
Merit: 0
newbie
Activity: 210
Merit: 0
What exchange(s) will/do you plan to be listed on?

Do you even plan to go on other exchanges except your own?
newbie
Activity: 65
Merit: 0
What exchange(s) will/do you plan to be listed on?

No comments on exchange now
newbie
Activity: 65
Merit: 0
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