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Cat.Ex
RankCat.Ex
Name
Volume (24h)
Visits
Avg.Liquidity
No.Markets
Launched
Volume Graph
Cat.Ex
000
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Cat. Ex is a centralized cryptocurrency exchange founded in August 2018. The company is headquartered in Shenzhen, China, with global communities in South Korea, China, Bangladesh, Russia, Turkey, the Middle East, India, Indonesia, and the United States.

The exchange was founded by a team of crypto enthusiasts. Although the team takes the lead in making the decision, it is noteworthy that Cat. Ex is a community-based exchange, so investors are equally involved in making decisions through voting.

Cat. Ex, in addition to trading cryptocurrencies, specializes in providing mining opportunities to its investors. Here, investors can earn money by mining the Catt exchange token. Despite the fact that they pay a small commission for mining, it is returned back in the form of rewards that can be reinvested. Users can receive up to 90% of the dividends.

Trading characteristics

Cat. Ex provides users with the ability to trade (buy / sell) cryptocurrencies using 99 market pairs. The platform offers a hybrid solution in which you can simultaneously perform cryptocurrency transactions and mine platform tokens (CATT), which will be used to return transaction fees to users. The expected return on fee is 110%. 

In Cat. Ex, 90% of the platform's profits will be distributed to users who own CATT on a daily basis. This means that the exchange receives only 10% of the dividends for itself. This applies to advertising, personnel, and development costs.

Cat Ex works in a web-based format and does not yet have a mobile app, but users can connect via their mobile phones and access the exchange in desktop mode, where they will surely have the same comfortable experience.

The control panel is an exceptional achievement in this network, as it is organized into sections according to the top number of available tokens. First, it shows those assets that are in the top five in terms of trade and volume, and allows users to measure the availability to pair a coin with another. 

Second, it has some internal agents that seek to avoid price volatility and set a better index for the orders being executed so that users have a better chance of buying or selling without losing too much. 

The exchange claims to have a distributed architecture based on SNA and microservices to support horizontal scaling.

Margin trading on Cat.Ex is missing.

Fees

Cat. Ex charges such fees:

  • Fee for trading-0.1% producer / recipient
  • No deposit fee is charged.

Security

Stable Cat control.Ex for a number of parameters, such as cold wallet, firewalls, operating systems, application servers, database servers, etc., as well as professional penetration tests to ensure the security of the entire system, are at a high level.

Summary

  • To own your crypto assets, you need to manage your own private keys.
  • Ledger hardware wallets make private key management easy and secure.
  • Each unique 24-word recovery phrase creates a new set of private keys.
  • Make sure you secure your 24-word recovery phrase properly.
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