Cointorox is a platform that offers easy cryptocurrency savings packages. The main mission and aim of the platform is to assist in the simplification of the process involved in acquiring cryptocurrencies and storing them as savings. With Cointorox Packages, users are given the opportunity to obtain valued cryptocurrencies in a lucrative and time-efficient way. Cointorox Packages can be treated as a ‘digital piggybank’ where your savings are stored and handled in cryptocurrencies. These packages can be purchased via PayPal and credit/debit cards.
The packages are of two types: The Basic package and the Advanced package. The Basic package is a recurring monthly savings and the price range is as follows:
$5-9 for Casual Saver
$10-49 for Smart Saver
$50-99 for Super Saver
The Advanced package is a one-off savings and the price range is as follows:
$100 for Expert Saver
$1,000 for Pro Saver
$10,000 for Enterprise Saver
All savings are made in USD. By purchasing the packages, users are granted specified cryptocurrencies and ‘Cointorox Token (OROX)’, a utility token on the Cointorox Platform. Each package contains distributed percentage of multiple cryptocurrencies.
The Problems Cointorox Will Eradicate
Complicated processes of purchasing cryptocurrencies
Finding a local online exchange supporting fiat deposits.
Long time taken for ID verification process.
Delayed bank transfers.
Difficulty of selecting solid projects and building a reliable investment portfolio
Needs comprehensive understanding of the industry & technology.
New users are often required to put in enormous amounts of time and effort in understanding the markets.
High risks involved with fraudulent projects and consultants.
The ‘Waiting Game’ of experienced investors or ‘HODLERs’
Increased frustration and concern resulting in poor decisions: gambling, spending more than they can afford to lose & withdrawing from the market at a significant loss to avoid the psychological pressure.
Fixed Portfolio Distribution on All Savings
BITCOIN (BTC)
ETHEREUM (ETH)
LITECOIN (LTC)
MONERO (XMR)
COINTOROX (OROX)
Unique Features: What Makes Cointorox A Unique Platform
Ability to instantly withdraw all coin savings to external wallets.
Ability to withdraw all savings in USD.
Live-time coin balance check in USD (estimated conversion price).
Users can lock their savings for a specified period.
Gift-your-savings feature (digital voucher for friends & family).
Portfolio reassemble feature (reallocate your distribution %).
Add new coins feature (add new coins on your portfolio as you desire).
Ability to cancel recurring monthly savings & resume anytime.
Industry-Standard Security
Cointorox has put into practice an industry-standard security feature to better protect and store your data, including your funds.
It must be noted that any funds you convert, send, and receive via your account are mere data on the platform.
No actual money or coins are stored on the server. All coins are safely stored in hot (30%) and cold (70%) wallets.
All withdrawals are manually checked and approved by our withdrawals team on 24/7 standby.
All data will be encrypted and stored in multiple different servers with 3 different live data back-up systems.
When a user purchases a savings package & savings get converted into coins, the user also receives coin addresses to allow users to publicly track their funds.
Business Model and Sustainability
25% of ITO funds are used to pre-acquire coins.
Conversion/Exchange rates are automatically calculated and recorded - at time of purchase of packages - to avoid revenue loss due to delayed conversions.
2.5% withdrawal fees apply for all coins & USD withdrawals.
Cointorox will focus on delivering maximum transparency. No hidden fees and hidden conversion rates guaranteed. User funds will be available for public view on each coin’s respective blockchains.
Token Distribution
Initial Token Offering (ITO)
7,000,000 OROX (7 million) will be available for the Initial Token Offering (ITO) campaign.
ITO campaign period: November 15, 2018 - January 13, 2019
ITO marticipation method: official website
Participation price: 1 eth = 400 orox (fixed - no bonus)
Maximum participation: 100 eth
Soft cap: n/a
Hard cap: 17,500 eth
Token Distribution: Instant upon purchase
Remaining token burning event: January 15, 2019
ROADMAP
For more information please visit the links below;
Website : https://cointorox.com/
Whitepaper : https://cointorox.com/#whitepaper
Facebook : https://www.facebook.com/pg/Cointorox-689547181429619/
Twitter : https://twitter.com/cointorox_token
Telegram : https://t.me/cointorox
Linkedin : https://www.linkedin.com/company/cointorox
Medium : https://medium.com/@cointorox
Ann Thread : https://bitcointalk.org/index.php?topic=5064771
Published by: Cryptowin1
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=2068163