XCM /general thread/
What does Coinmetro.com 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
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
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