Review on Cat.Ex by Fanuel PORPORTY
Catex is the first truly community-managed exchange platform in the blockchain space. All major decisions are made by the community and voted.
Based in China, Catex is a trading platform for mining transactions. It offers users the ability to trade cryptocurrencies with each other using the available market pairs. The platform offers a hybrid solution where it is possible to carry out cryptographic transactions and extract platform tokens (CATT) at the same time, which will be used to return transaction fees to users. The expected return value of the fees is 110%. At Catex, 80% of the platform's profits will be distributed to users who own CATT daily, the more CATT owns, the greater the dividends.
Pros
- Catex is built with the interest of its users in mind and in this perspective, they are part of decision making in the platform and they do so by voting on questions that will be implemented late by the team in depending on the outcome of the voting process.
- The platform native utility token is known as Catt and it is the fuel that powers all operations within Catex ecosystem.
- Users of Catex platform will enjoy the sharing of commissions up to about 80% of the revenue generated within the platform.
Cons
- The exchanger being centralized, this increases the risk of hacking
- No fiat deposit
