CryptoTron Project Launches Its Private and Pre-Contribution Phase

CryptoTron Project Launches Its Private and Pre-Contribution Phase

By Crypto Adventure | Crypto Adventure | 16 Apr 2020


Crypto-tron.com is a blockchain startup with an amazing vision for the future of cryptocurrency. Crypto Tron Exchange and Shop will be Thailand’s newest and most sophisticated crypto company. More than a company, it’s an ecosystem with a highly advanced crypto exchange, its own ATM network and a modern crypto retail platform, with full portability between crypto and fiat. It is legally established in the Kingdom of Thailand and secured by a founding capital of 1 million Thai baht.

Crypto Tron proudly supports the TRON network. The company is committed to list all legitimate projects on the Tron network for FREE, and for merchants, the listing is also FREE of charge.

CryptoTron will offer users and partner companies who participate in the retail system the most important thing they need – the ability to cash their coins out and buy more coins with their traditional banking in a fully legitimate, high‐speed, secure way.

The new platform hopes to see crypto cross the barrier from the way it is now to becoming accepted by broad masses of people. If a business can quickly cash its digital coins to traditional fiat currencies, then there will be more businesses willing to accept them.

About CryptoTron Contribution

CryptoTron’s private and pre-contribution stage is now open. The company seeks to raise first contribution funds to cover development costs, to align the platform with all regulations, obtain all licenses, and to begin marketing. 

Being based in the Kingdom of Thailand is excellent as Thailand is one of the few countries to have adopted all the necessary crypto regulations in 2019. This provides certainty and additional protection for users because many competing exchanges work in a legal grey area, and this exposes users to great risks.

Using the funds raised, CryptoTron will develop and launch their concept following the set roadmap. First, the exchange will be activated, with most basic and advanced tools. At the same time, with the exchange we will be developing a shop platform that will allow and empower businesses worldwide to sell, both to individuals and any business a wide variety of products and services, whether new or used. 

The company will operate according to all relevant regulations set by the Thailand Board of Investment (BOI), the Thailand Securities and commission (SEC) and the Bank of Thailand (BOT) including anti-money laundering and terrorist financing regulations. 

CryptoTron is in the process of obtaining all the necessary licenses including issuing security tokens (STO) as well as trading with security tokens (STO), and also applying for Digital Asset Business license, license for Cryptocurrency Broker, license for Cryptocurrency Dealer, and Cryptocurrency Exchanges license by the Thai Ministry of Finance.

CryptoTron CTE Token

CryptoTron’s new utility token (CTE) will be a standard TRC20 utility token with a total supply of 7,000,000 CTE. Private contributions are capped at 2,000,000 CTE while pre-contribution is 600,000 CTE and IEO public-contribution is 3,000,000 CTE. Full details for CTE contribution can be found hereLet’s look at a recap of the details:

TOKEN DETAIL

Token Name: Crypto Tron

Token Symbol: CTE

Token standard: TRC20

Type: Utility

Token supply: 7,000,000 CTE

Exchange rate: 1CTE = 500TRX

Distribution Detail

Available for contributors: 5,600,000CTE (80%)

PRIVATE CONTRIBUTION: 2,000,000 CTE
– All tokens are locked for 24 months,
– Minimum requiered direct contribution is 50,000$ + receive a 60% bonus
– Minimum requiered Indirect contribution trough referral link is 5,000$ + receive a 50% bonus
– Bonus: up to 60%  
BENEFITS: All contributors, who contribute in private-contribution can:

  • Trade on our platform for free till the end of 2021 as a customer
  • Trade on our platform for free till the end of 2021 as a retailers
  • List coins/tokens on our exchange cheaper and they are not subject to the minimum monthly traffic volume requirement on our exchange till the end of 2021.

PRE-CONTRIBUTION: 600,000 CTE
– All tokens are locked for 12 months
– Minimum requiered contribution = 500$
– Bonus: 20%
BENEFITS: All contributors, who contribute in pre-contribution at least for:

  • 100 CTE, can trade on our platform for free till the end of 2021 as a customer
  • 500 CTE, can trade on our platform for free till the end of 2021 as a retailers
  • 1000 CTE, can list coins/token on our exchange cheaper and are not subject to the minimum monthly traffic volume requirement on our exchange till the end of 2021.

IEO PUBLIC-CONTRIBUTION: 3,000,000 CTE
– All tokens are immediately released
– Minimum requiered contribution = 50$
– 50x Lucky wallet prize: Bonus 10%

Soft cap: $3,000,000
– Basic development
– Legal registration with exchange licenses
– Advertising Crypto Tron
– Operating costs of company

Hard cap: $30,000,000
– Advance further development
– Develop of Crypto Tron Shop
– Obtain shop licenses
– Develop Apps for IOS and ANDROID
– Marketing
– Cost of KYC compliance
– Estimated cost for company to operate 2 years
– Establish an ATM network
– For more information about alocation of funds read the white-paper.

Team  & Partners : 1,400,000 CTE
-All tokens are locked for 24 months

Accepted currencies:   FIAT: USD, EUR, THB

CRYPTO: BTC, TRX, ETH

CryptoTron’s Token (CTE)

CTE will bring users everything they could possibly need in a Tron utility token. CryptoTron is designed to support the TRON ecosystem, and its native token will essentially be an integral part of it. With only seven million supply, CTE will be limited and inflation resistant. 

The new token’s main use case is centred on reducing fees on CryptoTron exchange and for reducing fees collected at CryptoTron Shop. As new partners join the platform, CTE will attract users and find stability from the variety of uses it achieves. 

Furthermore, CTE is designed to offer more favourable fees for services on CryptoTron Exchange and for paying trading fees on CryptoTron Shop, as well as for purchasing 3rd party merchandise and services at the CryptoTron Shop. Paying trading fees with the token on the exchange is 70% lower than payment in other currencies. 

More so, payment of merchant commissions at a shop with CTE is 30% cheaper than paying with other currencies, and shopping with CTE at the CryptoTron Shop will be additionally rewarded.

Security Measures On CryptoTron

There will be a single wallet account on the CryptoTron website with only one login required for the exchange and shop platforms. The security will be provided with the mandatory KYC protocol so as to deter scammers on the portal. The sign in will be possible through multi-level verification.

CryptoTron will hold the vast majority of funds inside “cold” wallets which will be stored offline, restricting potential exposure to hackers.

Moreover, the security of both platforms will be safeguarded via internal and external controls provided and verified by high quality, independent multinational partners for cybersecurity who will independently review the security of both platforms and ensure that everything functions without a hitch.

Some security audits will be done by KasperkyLab, one of the largest Internet security companies in the world.

New Advanced Tools

CryptoTron’s trading platform is designed to change dynamically, move and save the layout individually according to the user’s preference. Users can easily and conveniently review orders and place future conditional orders according to what they think the market will do.

The platform will offer over 10 advanced trading tools including semi-automatic trade according to user preferences. After which, users can easily track their portfolio using the platform’s multi-function wallet with integrated tracking for advanced traders who will be also rewarded for enabling the tracking.

Users also enjoy a modern trading experience where they can use interactive graphs with integrated cutting-edge multi-exchange trading tools and a pioneering system allowing users to seek arbitrage opportunities throughout crypto markets with up to 35 linked exchanges from Palma partner.

Allowing merchants to use a platform to sell products, services or set up an entire online store where they can accept payments in fiat and crypto currencies with instant conversion from crypto to fiat, while also offering the opportunity to take advantage of new ways of selling and advertising. There is also a simple solution for merchants to accept payment in various cryptocurrencies at local stores with low transaction fees and give merchants the ability to instantly convert crypto payments into fiat. Those with existing product lines or stores on comparable platforms will be able to easily transfer their entire store to the highly flexible CryptoTron Shop. At the same time, the platform will have an all-in-one solution for dropshipping, including a pay-in and pay-out payment solution of crypto and fiat currencies.

Finally, users can manage their CryptoTron account to instantly transfer between their bank wiers, credit cards, fiat and crypto. They can also send assets between CryptoTron accounts easily to save on fees and can do it privately. There will be secured conection betwen exchange, shop and ATM’s. Wallets will carry over and so will accounts. 

What Makes CryptoTron Unique?

Most crypto exchanges today only deal with cryptocurrencies, with a significantly smaller number dealing with fiat currencies but are limited to using various bypasses primarily aimed at avoiding regulators. 

Exchanges also have difficulties in dealing with security tokens (STO) because of either lack of a bureaucratic direction, or they do not have the right licenses or the necessary infrastructure to restrict security token operations according to the requirements of individual regulators. Crypto Tron will have a built-in solution to meet the needs of individual regulators and obtain all the necessary licenses.

Compared to most exchanges, which does not have a user friendly  interface and does not offer advanced tools, the Crypto Tron will be the most advanced modern crypto exchange, with maximum security for users.

Taxation is also problematic, as most exchanges keep their transaction history for a very limited short time. For all these shortcomings, CryptoTron has found solutions that will be implemented on platforms. More information on these advanced solutions can be found under the exchange or web-shop advanced tools title in the white paper.

Reasonable fees! Buyers will use the Crypto Tron Shop platform free of charge. Sellers on the other hand will have fees up to 5% depending on sales volume. This is a sliding scale and at its highest level is still less than one-third the amount charged by other well-known sales platforms. Paying those fees with the CTE token saves another 30%. 

Crypto Tron Exchange Trading fees are 0.2% on sales, and absolutely free for buyers. Transaction fees on Crypto Tron Exchange paid with the CTE token is 70% lower than with other currencies.

Bottomline

This crypto startup offers fintech enthusiasts a vastly advanced crypto exchange, with its own ATM network and a state-of-the-art crypto retail platform, alongside easy transferability between crypto and fiat. 

The company is leveraging the ecosystem of Tron network, which is the fastest growing blockchain platform with over 30,000 smart contracts in place. The company chose the name “CryptoTron” as it is planning to become an anchor of value for Tron projects as the company is committed to listing all legitimate projects on the Tron network for FREE – Which is a guarantee for a large community.

Advanced tools and low commissions are a guarantee for the massive use of the platform, and the additional discounts on using CTE as a payment are a guarantee for the stable value of the CTE token. This is further confirmed by the fact that there are no free CTE tokens in circulation since the company has no bauntys and airdrops. All CTE tokens of the first contributions and from the team will be locked, which is a guarantee to prevent price dumping.

Crypto Tron will operate according to all applicable regulations, set by the Thailand Board of Investment (BOI), the Thailand Securities and Exchange Commission (SEC) and the Bank of Thailand (BOT). It will be maximally secure compared to most exchanges as most customer funds will be held in cold wallets and smart contract code will be reviewed by Kaspersky Lab. This decision limits access to potential threats and minimizes risks to customers in today’s cryptocurrency market.


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