Batu Permata: COOPEX

THE COOPERATIVE EXCHANGE

WHAT IS COOPEX?

COOPEX is the worlds first cooperative exchange. What does that mean? Basically it means that COOPEX gives 75% of their earned trading fees back to the fans of the project. At the moment they’re running an ICO for their exchange. The soft cap is only 500.000$ and the hardcap only 1.000.000$. The price during the ICO will be approximately $0.10/COOP, and the prices in BTC/BCH/ETH may be adjusted to meet that price. Current prices are as following:

1 COOP = 0.0000144 BTC
1 COOP = 0.00012 BCH
1 COOP = 0.0002 ETH (currently disabled)

The ICO will stop once 9.000.000 Tokens are sold or on the 3rd of august, whichever comes first.

SERVICES

We provide an array of trading services for our customers.

Trading

Utilize our fast and responsive trading UI to exchange new tokens with major coins. We plan to move Ethereum and ERC20 tokens to a decentralized exchange in the future. We also plan to introduce margin and leverage trading shortly after the official exchange launch in August

Exchange Listings

We provide exchange listing services for your favorite projects and we do not charge listing fees. Interested in listing on COOPEX? Please fill out the form here.

Token Buyback

Once a month, COOPEX will aggregate at least 75% of exchange trading fees and use them to market buy and burn COOP exchange tokens. We are also looking into a dividends program implementation for token holders. We will hold a token holder vote shortly after the official exchange launch to decide.

Exchange API

We provide an API for developers to build on top of our exchange (currently under development).

INITIAL COIN OFFERING

COOPEX is launching an ICO for the COOP exchange token. There are three ways that you can participate in the ICO.

Use the above smart contract interface to buy into the ICO (requires Metamask).
Send ETH directly to our crowdsale smart contract. You will receive COOP tokens in return at the ICO rate of 0.0002 ETH/COOP. The contract address is 0x6c909cce376b7e9715b7795e5F5B3d2005cC83Ca.
Purchase COOP tokens directly from the exchange. We support BTC, BCH, and ETH.

The ICO is currently ongoing on the exchange. If you are interested in participating in the ICO, please log in here, deposit some BTC, ETH, or BCH and visit the COOP/BTC, COOP/ETH, or COOP/BCH market. Click here for BTC, here for ETH, and here for BCH. Throughout the ICO, the COOP market will be in a ‘locked’ state, meaning you cannot place any buy or sell orders. You can only buy the token for the listed ICO price. Click on the order with the “Click here” text below it and then click “Buy COOP” at the bottom to purchase your COOP tokens. The ICO will have pairs for BTC, BCH, and ETH. Currently, withdrawals for COOP are disabled, but will be enabled in the near future. If you are having any trouble please ask the telegram group here.

TOKEN ALLOCATION

75% ICO

9% Pre-ICO

8% Marketing

8% Development

ROADMAP

April 2018

COOPEX founded

The idea for the Cooperative Exchange is created and a team is assembled.

End of May 2018

Backend development completes

Development for the backend of the exchange completes. The exchange is in a closed alpha mode.

June 18, 2018

Pre-ICO begins

The front end is completed, the Whitepaper is written, and COOPEX opens in beta mode. A pre-ICO for the COOP token begins.

July 1, 2018

Pre-ICO ends

The pre-ICO ends and preparation for the full ICO begins.

July 3, 2018

ICO begins

The full ICO begins with several currency pairs. Some active markets may also open during this period. The exchange is still in its ‘beta’ version. Marketing campaign begins.

End of July 2018

Complete COOPEX API Development

The COOPEX API will allow other developers to build tools on top of our exchange. The API is currently under development and we expect to finish by the end of July.

On or before August 3, 2018

ICO ends, COOPEX officially opens

The ICO will be completed either on this date or when 9,000,000 COOP tokens are sold. At this time or soon after, the exchange will officially open in ‘production’ mode, with bug fixes. Marketing campaign is ongoing.

August 2018

Front-end UI improvements

The exchange UI will be updated to feel more modern and responsive. We intend to introduce an easy-to-use yet intuitive trading UI. The first token buyback will also occur during this period.

August 2018

Introduce market-making solutions

We aim to partner with a market-maker and liquidity provider for our customers. We understand how important liquidity is in a market and we plan to use ICO funds to provide these services free of charge.

End of August 2018

Introduce margin trading

We are currently working on a margin trading solution for COOPEX and we are planning to finish by the end of August 2018. Our margin trading platform will feature shorting and longing on a selection of our markets. Leverage trading will be available as well.

September 2018

COOPDEX Development Completes

Development for COOPDEX, the Cooperative Decentralized Exchange, will begin in late June 2018 and we aim to complete it by September 2018. This will take time as we will be rebuilding a large portion of the exchange.

Q4 2018

Open OTC trading and liquidity desk

We aim to provide liquidity solutions for other exchanges via market-making, as well as an OTC desk for institutional customers.