Coinstore is an all-in-one Web3 platform created to offer several crypto services to individual and institutional clients such as trading, learning about crypto, launching projects, and earning with the affiliate system.
Coinstore has listed more than 40 tokens with over 60 trading pairs for users to buy and sell. Coinstore Labs, the firm behind the Coinstore project, help businesses integrate blockchain technology into their operations, compliance advice, integrated marketing, community operations, investment incubation, and much more.
In this article, we shall explore the Coinstore ecosystem.
Coinstore trading
Coinstore features several trading products such as Futures, Spot, and Perpetual. The Futures market allows users to buy or sell a particular crypto asset when it gets to a projected price in the future. The Spot market allows users to buy and sell crypto assets at a current market price with the aim of making a profit. Traders can speculate on the future price of an asset without any expiration date of the contract on the Perpetual market.
Some of the supported assets on Coinstore include 1inch (1INCH), Aave (AAVE), Cardano (ADA), Adventure Gold (AGLD), Advanced Integrated Blockchains (AIB), Algorand (ALGO), Alice Finance (ALICE), Alyattes (ALYA), ApeCoin (APE7), Autumn Token (AUTUMN), Avalanche (AVAX), Axie Infinity (AXS2), Basic Attention Token (BAT), Biconomy Token (BICO), Binance Coin (BNB), and more.
Coinstore Academy
The Coinstore platform features an academy with guides on how to navigate through Coinstore such as how to place trades, how to close out a contract position in a trade, how to buy cryptocurrency on Coinstore etc.
Coinstore NFT Marketplace
Coinstore NFT Marketplace is an intermediate system between Coinstore users and other NFT marketplaces. From the Coinstore marketplace, users can search for NFTs to invest in. The NFT marketplace does not hold the NFTs users buy which makes it a self-custodial platform.
Coinstore Launchpad
Coinstore Launchpad features a collection of services and resources needed for Web3 projects to launch. For users who want to earn from these projects, they are required to stake tokens as a subscription which allows them to earn when new tokens are launched by projects.
For teams that want to launch crypto projects, the process has three phases: Warming-Up, On-going, Subscription, and Distribution. At the Warm-up stage, users can check out projects they want to earn from and subscribe to. The On-going allows users to increase their investment in projects they have invested in. Then at the token allocation stage, the distribution of tokens begins to all those who invested.
There is also the Coinstore Affiliate via which users can earn by inviting other users to participate in the Coinstore platform.
Team and Partners
Jennifer L. is the Co-Founder of Coinstore. Julián Andrés Uribe Toro serves as the Business Development Executive at Coinstore while Bernard L. is the Chief Technology Officer at Coinstore. Charles Tan is the Head of Marketing at Coinstore.
Coinstore has over 180 employees around the world with a concentration in Asia, Europe, and the Middle East, working to serve more than 1,500,000 registered users in 175 countries.
Roadmap of Coinstore
Coinstore was founded in 2020 and launched in 2021. In 2021, the ADA/USDT trading Pair was added to the Coinstore trading platform; Coinstore launched its services for the Indian market;
The following year, Coinstore launched the third project in its launchpad platform, SOIT; entered a partnership with PinkSale, another Web3 launchpad, and Polygon; launched futures credit features; listed the Royal Smart Future token, panKUKU token, GGTKN token, and Asappter token.
The latest update shows that the StorX Network token and AmazeToken (AMT) are among the tokens listed on Coinstore in January 2023; BSV was listed in the Coinstore platform in the first week of February.
With over 1.5 million registered users around the world, Coinstore wants to expand its operations across Latin America with a focus on Brazil and to help drive the adoption of crypto targeting about 1 billion users.
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