Review on CoinMetro Token by LUIS RIVERO R
Token for CoinMetro exchange transactions
Utility token within the Coinmetro exchange with a total amount issued of 330 million XCM, the daily volume of transactions according to CMC is 0.5 BTC, the interactions in its chain are just 610 transfers, and it has 114 Holders. The usefulness of this asset is only within the platform since it is required to operate, by keeping Hold you will have discounts with 25% and different trade services.
This exchange hardly handles a low number of operations, it admits deposits with fiat in countries that integrate SEPA and the rates are on average at those of the market. In general, this is another token launched by an exchange to reward its users, and have access to discounts as well as to maintain but additionally it does not have any other utility.
The business opportunity only depends on the success of your exchange, since the more transactions are made, the more demand will be and your profit and demand will increase.
Pros
- You can get discounts on exchange fees by keeping this asset in your wallet.
- Token backed by the CoinMetro exchange, easy to use and with excellent transaction prices in addition to having discounts.
Cons
- The volume of transactions with this asset is low, few purchases and sales.
- Outside of this exchange it has no use.
