sabqie: CryptoSouk exchange

The countries of the Middle East today have enormous trade opportunities. Also, the legal potential of this part of the world is perfectly suited for the implementation of the Blocchine technologies everywhere. In 2018, the launch of several exchanges aimed at processing capital from players in the Middle East. But all of them had a number of problems that they were powerless to deal with.

First, the population began to withdraw funds from viote accounts. And do it often. Banks were forced to take extreme measures, up to blocking transactions, because banking systems began to cope with such cash flows.

Secondly, under the measures of gain were persons who have operations with credit cards. People began to borrow a lot of loans to start capital in crippling currency. This is worrying banks, since there is no regulation for cryptography, there is not even a legal term for litigation cases.

Third, the problem of modern crypto exchange and trading floor ideas is low liquidity. In the Middle East, there are many investors who are interested in entering the kryptoteconomy on a large scale, but they are cautious.

CryptoSouk is a cryptographic trading platform. Companies such as ST Vincent & Grenadines and Kuwait participated in its launch. The start of the exchange is scheduled from day to day. The first trading currencies on it are planned with trade pairs, supported by Bitkone, Efirium, Lightkojin, Rippl, Dash, Zikesh and Monero.

CryptoSouk has broad connections in the Middle East market, which makes it easier to master them. In particular, this helps with the lack of a language barrier.

In addition to local networking benefits, CryptoSouk has a well-developed marketing strategy. She has regional experience and optimized channels specializing in Arabic.

CryptoSouk technology is also geared towards the global market, and has leading market players, in addition to local preferences, and technological competitive advantages. In particular, the speed of transaction processing, improved trading characteristics and security features.

CryptoSouk understands that now they are not so competitive to outsource their competitors in a short time. But due to the presence in the Middle East, this difference should be steadily declining. And over time, this can be a major competitive advantage, since the Middle East has a large money supply.

The Middle East is under the sight of many competitors. Moreover, it manages to be present by some. Among them BitOasis, Palmex.ae and BitPado. But they are in other countries and do not quite understand the problems of the markets of the Middle East. And the team CryptoSouk has experience of liquidity in the markets of the Middle East. The Exchange maintains customer service in the Arabic language and has many regional licenses.

Project team

CryptoSouk owns an expertise in trading. Both global and regional, in the Middle East market. They know how to extract opportunities from the Arabic language.