XCM /general thread/

XCM /general thread/

Enough shilling happened in the last days, let's talk about fundamentals

What does Coinmetro offer?
XCM is the exchange coin used for Coinmetro.com. It's marketcap is currently around 9 million $

It's a regulated exchange based in Europe
The CEO is former CEO of FXPig, a FX Broker with customer support

Coinmetro launched in 2019 and has built their product since.

They offer direct FIAT onramp to several cryptocurrencies, handpicked by the team.
USD is still missing, it will be supported in September. The application for a regulated exchange for USD is a long processes, therefore it took a while.

They offer the following services:

Fiat/Crypto trading

Margin trading x5 (more coming)

Copy trading
You can chose between experienced traders, they will trade your € or BTC and increase the value.
The most successfull traders made 26% this year. on top of BTC gains itself.

Security Marketplace
Traditional financial market investment. Basically bonds with a % return of your income. Range from 5-11% p.a.
Real estate investment, company shares
Additional advantages available for high investments

Why should XCM increase in price?

XCM is used for every transaction on Coinmetro.com
Details: coinmetro.com/blog/xcm-ecosystem-full-token-utility/

For a trade of 1000€, 0.1%, therefore 1€ is marketbought in XCM and given to the exchange.
50% of those 1€ worth of XCM are burnt, 50% are kept as a fee for Coinmetro.

Example: With a daily trading volume of 5 million € daily
5 million daily means 5000€ of buys Daily
So per year, 1.825.000€ (5000*365) of xcm are bought.

XCM can be locked to gain discounts on trading fee
You can save up to 20% of trading fees if you lock between 10.000 - 50.000 XCM

XCM will be used in the upcoming Coinmetro debit cards

app.uniswap.org/#/swap?inputCurrency=ETH&outputCurrency=0x44e2ca91cea1147f1b503e669f06cd11fb0c5490

Attached: 52042630-0-sm-banner-homepage.png (1200x630, 10.97K)

Other urls found in this thread:

coinmetro.com/
app.uniswap.org/#/swap?inputCurrency=ETH&outputCurrency=0x44e2ca91cea1147f1b503e669f06cd11fb0c5490
btcmanager.com/european-union-eu-single-market-trading-cryptocurrencies/?q=/european-union-eu-single-market-trading-cryptocurrencies/&q=/european-union-eu-single-market-trading-cryptocurrencies/
coingecko.com/en/exchanges/coinmetro
twitter.com/SFWRedditVideos

What's the catch?

Coinmetro.com currently does not have enough active traders to be profitable
They have been building their product and are now scaling up.

The Risk- Coinmetro won't find enough adaption.
It's highly unlikely, but it's possible.

Also, this is not one of your 1000x moonshots. It will grow, high ROIs possible.
But not within 24 hours, but within several months. It's still below ICO price.
Why should I still invest?

Nevertheless, it's one of the most legit projects in the cryptosphere.

As mentioned, they are now scaling up. Marketing, including SEO, Google ads, other channels.
They are scaling sucessfully, better than expected
3-4 digits new users per week. Exponential user growth inbound

They have a unique Copy trading platform which works in favor of the customer (not like the e-toro solution against them)
The rently launched security marketplace is huge and will bring a lot of publicity.

Coinmetro is backed by investors and will receive another 7 digit investment in September.
They are a fully regulated, trustworthy exchange

Confido raised 100 million recently, with only a KYC product.
Coinmetro built their own KYC solution and offers much more than that.

They have great 24/7 customer support, no other exchange offers that.

Lowest fees in the industry.
How can I invest?

Go to coinmetro.com/ and sign up.

Also, it launched on Uniswap, although the liquidity is still low:
app.uniswap.org/#/swap?inputCurrency=ETH&outputCurrency=0x44e2ca91cea1147f1b503e669f06cd11fb0c5490

Holding a large bag myself, thanks for the thread OP.

Based, got my bags in at 3 cents, I believe they are going to be huge.
They added GBP in june, listed on uniswap this week. And planning to add USD soon to go global, it could become as popular as Coinbase.

Also what about this:
btcmanager.com/european-union-eu-single-market-trading-cryptocurrencies/?q=/european-union-eu-single-market-trading-cryptocurrencies/&q=/european-union-eu-single-market-trading-cryptocurrencies/
Can you imagine what would happen if Coinmetro becomes that 'single-market' for Europe?

XCM must be the only coin to have gone down since start of the year, lol, deluded bagholders

I think obligated fees in XCM are overrated. CM automarketbuys XCM for their fees, ok. But these XCM need to enter the market again at some point. As you said, they're not profitable, they're most likely strapped for cash even. So not in the position to sit on a pile of fee XCM for a long time.
They'll have to sell that XCM regularly, trading against their clients, suppressing the XCM price.

Furthermore, they have ridulously low fees already. For the normie who wants to buy their link (or cash out, at this point) and do some small time trading, it's not worth it locking up several hundreds of EUR worth of XCM for a miniscule fee decrease.

The CM bonds have a higher yield depending on the tier, but my guess is that a few big investors will buy up all the bonds anyway.

CM has turned into an awesome company the past few months, but they suffer from the same problem as parsiq and so many other projects - token not needed.

And they have that retarded clown uros.

Wen buy xcm?

Past charts barely matter, we're entering a new dawn. Before Uniswap listing you could only get the coin on coinmetro itself. Which requires heavy KYC. Now the coin is much more widely available to all, that combined with new developments around the website is recipe for a moonshot.
You're still early user, don't regret it.

you forgot that they are funding terrorist groups with xcm and that kevin is head of death sex cult