CENTER Coin, a Cyprus-registered DAPP blockchain project for FX and cryptocurrency Exchanges , plans trading its token on a couple of major cryptocurrency Exchanges by this year-end, a company source said.
While CENTER Coin’s token CENT is already listing on STeX, its token is seeking to list on other Exchanges.
Established in 2014, CENTER Coin is aiming at providing a link between FX trading and cryptocurrency trading via its user-friendly original platform, the source explained.
While planning to have a partnership with Barclays PLC, CENTER Coin already has a partnership with Windsor Brokers and UFX, and the project will seek a global expansion in FX and cryptocurrency market, with primary geographical targets in Asia and Europe.
CENTER Coin’s FX platform will provide free deposits and withdrawals for users with CENT tokens.
On the other hand, CENTER Coin’s cryptocurrency Exchange platform will be available for fiats,BTC, ETH,XRP and LTG for trading, and users with CENT holders are able to receive various services and discounts.
An expected timeline for launching its crypto Exchange will be around by Jan 2019, and the Exchange plans to gain the Gibraltar Regulated Exchange DLT license in Europe and the PI license under FCA.
While CENTER Coin aims at raising up to around USD 100m in ICO, and its ICO proceeds would be used primarily for technological developments, marketing and legal costs.