The cooperative exchange (COOPEX) is the first cooperative exchange platform that aims at doing away with the traditional cryptocurrency exchange for new and small blockchain projects. Currently, the state of exchange using cryptocurrencies is improper and opaque. The current exchanges charge an exorbitant fee when listing a new token.

The exchange also takes a long time after payment has been received. This ruins the permeability and credibility of projects instead. Moreover, there is no transparency in the cryptocurrency space concerning how the exchanges are done. The exchange users and employees, therefore, are left in the dark with no knowledge of how the exchanges operate.

COOPEX, therefore, aims at solving these issues by rewarding loyal exchange users thereby allowing them to earn rewards for trading and any other activity. The loyal users will also have a say in the affairs of the cooperative by taking part in voting and other project listing processes.

The Co-operative Exchange intends to form a positive and cordial relationship with traders. The exchange will offer many other benefits.

COOPEX will collect 75% of exchange trading fees once every month. The fees will be used to buy back and in the burning of COOP tokens.

The platform will feature a voting system for every token holder. The holders will have abilities to vote on:

The team understands the power of blockchain technology and the benefits it offers. They will move all Ethereum assets to a smart contract. The exchange will be a decentralized hybrid exchange with the commitment of making it fully decentralized later on.

There will be a margin trading with up to 50 times on a market selection.

The free exchange listings intend to ease the listing for new and smaller projects as all the projects will be based on Ethereum blockchains.

Several cryptocurrency exchanges are illiquid hence the trading of a project can decrease and increase dramatically. A partnership with liquidity providers will, however, enable COOPEX to make trading much more comfortable for everyone.

COOPEX will cater for new and small projects that have not been listed on large exchanges.

Upon its launching, COOPEX with hence support the following coins:

The COOPEX team will use 50 % of all ICO funds raised in long-term marketing. The team is confident that the ICO funds will produce enough marketing fund. However, if the ICO funds will not be enough, a percentage of the trading fees will supplement the insufficient marketing budget.

COOPEX will use Cooperative Exchange Token (COOP) as their native platform token. Anybody will be able to buy the token from the actual COOPEX market.

The buyback process will increase the price of COOP tokens hence decreasing their supply.

COOPEX runs an ICO that will enable the purchasing of COOP token.

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