Review CoinChum is a P2P crypto exchange.

Juli 26, 2021

CoinChum-Simply a Better P2P crypto platform for world's unbanked people.Innovative Secured Flexible

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Coinchum is a Peer to Peer marketplace with various cryptocurrency offerings, including Bitcoin, USDT, and Ethereum, XRP and the Chum token.

INTRODUCTION :

Coinchum is a Peer to Peer marketplace with various cryptocurrency offerings, including Bitcoin, USDT, and Ethereum, XRP and the Chum token. Coinchum integrates web-based features with an intuitive interface that enables users to learn from education resources, as well as trade cryptocurrencies using advanced market tools that allow for the efficient monitoring and analysis of market trends.

WALLET SECURITY :

Coinchum’s wallet security is protected via MPC which is cryptographically secured and protects the wallet from any human error or cyber-attack. Security to a wallet address is necessary as many individuals and institutions are entering this ecosystem. MPC provides four layers of security. These consist of:

1st Layer — Multi Cloud with MPC:

The Multi Cloud provides security to the private key as it is never on a single device. The MPC and CMP (Certificate Management protocol) remove any single point of contact from both the internal and external hackers.

2nd Layer — Software Guard Extension(SGX) :

SGX is encryption by the CPU of a portion of the RAM (i.e. computer memory) used to store each private key. The RAM and data are encrypted in the SGX which protects them from any hack or malware attack, even if the hacker has overall control over the Operating System.

3rd Layer — Policy Engine :

This layer enables institutions and organizations to set their own approval policies for transaction, hence, it is called Policy Engine. The Policy Engine is also client-facing: it enables users to set their own rules and validation processes needed prior to transaction approval.

4th Layer — Settlement layer :

Since the deposit address’s authentication is automated, the settlement layer helps in mitigating risks by authentication rotation. This is very important as at stake here is institutional asset security.

TRADITIONAL PROBLEM OF P2P EXCHANGE :

1.Limited choices on coin selection. No risk hedging tools.

2.Poor or non-existence customer service

3.Less security on account and wallet

4. High fraudulent probability

5.Inflexible fee structure

6.Lack of user voice

COINCHUM SOLUTION :

An open voting system
Fast reply from online chat
Assets insurance
Fund password Account Security
Anti-Scam (before trade)
Anti-Scam (after trade)
Powerful events & information terminal
Cryptocurrency Academy

COMPETITOR ANALYSIS

Token Sale

TOKEN NAME : CHUM (BEP20)

PRIVATE SALE : 5,000,000

TOKEN FREEZE : 30,000,000

SOFT CAP : 5,000,000 USD

TOTAL SUPPLY : 200,000,000

PUBLIC SALE : 105,000,000

ACCEPTED CURRENCIES : BTC,ETH,USDT,LTC,BNB

HARD CAP : 20,000,000 USD

information for buy : https://coinchum.co/

Bonus Details

The CHUM token crowd sale is divided into two parts: private sale and crowd sale. The private sale will begin on August 1,2021 and will end on September 1 ,2021. Each CHUM will be priced at $0.30 USD. The crowd sale will begin on October 1 ,2021 and will end on December 1,2021.EachCHUM will be priced at $0.36 USD.

Roadmap project

The Coinchum team started to research and development in Q1 2020, then continued with a proof of concept in Q2 2020 so that investors could see the real concept of the Coinchum platform. Then later in Q2 2021 the Coinchum team started the backend design development and continued with the exchange platform test. And then the Coinchum team will launch a whitepaper that contains various information needed by users and investors and continues with a token sale. Then in Q3 2021, the team will start an Open Token Sale for the public, and in Q4 2021 the team will do web development. In Q1 2022 the Coinchum team will register for LPF in Hong Kong and launch an official P2P exchange. And in Q2 2022 the CHUM token will be listed on the exchange and in Q3 2022 there will be an injection of funds into SPAC in Hong Kong