Crypto Exchange Offering Revenue Sharing and Copy Trading to Launch in Arabic and English
An upcoming crypto exchange says its revenue-sharing model and advanced copy trading features differentiate its platform from current market leaders.
A crypto exchange says it aims to offer “an exceptional user experience for all traders on its platform, regardless of their experience level,” delivering support for multiple languages and sharing revenue among users.
Pukkamex argues that many of the services dominating the industry right now are clunky, slow and vulnerable to crashing during crucial trades, something that can be disastrous for seasoned traders when prices are volatile. The company claims that its infrastructure eliminates unscheduled outages, meaning trades “will always be processed instantly, even during times of peak demand.”
The exchange says that its support for multiple languages is one of its main points of difference — and at launch, Pukkamex will be available in both Arabic and English. In explaining why it believes this support will open up its platform to a wider market, the company’s white paper states “The Arabic language is used by a substantial proportion of the global population, and is becoming increasingly important in the online world.” Compatibility in other languages — including Mandarin, Korean and Russian — is set to follow within the first year of its launch.
Pukkamex is initially going to focus on delivering Bitcoin/USD and Ethereum/USD pairings, but plans to diversify by adding BTC pairings for ETH, XRP, Litecoin, Monero, EOS and Bitcoin Cash soon after launch.
The exchange also has its own utility token, PUX, which is going to be available for trading on decentralized exchanges that support ERC-20 tokens. Those who hold PUX tokens will be eligible to participate in Pukkamex’s revenue-sharing initiative, the team says.
Intuitive copy trading
Several other crypto exchanges currently deploy copy trading to some extent, but according to Pukkamex, its platform is going to offer this feature at a scale that has never been seen before.
The exchange plans to offer a leaderboard of traders that crypto users can emulate if they so wish, and all of those who are fea