Coinchum is a P2P marketplace designed by professional traders for unbanked people so they can get modern and inclusive financial services for their various needs. Coinchum provides beginners with the resources they need to get a good grip on the crypto market. At Coinchum, they can get educational resources to use advanced market tools for monitoring and analysis of market trends. But that's not all, there are several other features of Coinchum:

Coinchum aims to expand horizontally into new market segments in the future, thereby moving beyond its initial function as an innovative trading platform for cryptocurrencies. Coinchum is committed to working closely with investors to ensure that their interests are embedded in every stage of the business process.

Choices limited to coin selection — The voting system is open to allow users to suggest or even decide which coins to list. Users can suggest new PAYMENT METHODS, and those suggestions will be prioritized.

Customer service — Coinchum will have easy-to-use ticketing system, Fast reply from online chat, Fast resolution for login/account issues, Fast withdrawal processing, Telegram group to resolve customer inquiries on time.

Wallet security- In Crypto Coinchum assets backed by insurance, they also introduced various security mechanisms such as Anti-phishing verification, Advanced verification software, Withdrawal protection, White IP to protect customer funds.

Crypto analysis tool- An information terminal where traders will find whale account holder positions, global indices, trading volume rankings and so on. The powerful terminal lists important events and upcoming calendars/seasonal events that affect cryptocurrency prices. Detailed price analysis for each crypto.

Cryptocurrency Academy — Explains AZ about the most popular cryptocurrencies. Educational resources include videos, tutorials, trading strategies, and industry research. Users can post videos or articles on Coinchum's educational channels, and other users can view or pay for content with CHUM tokens.

Inflexible fee structures — At Coinchum, Fee structures are affordable and easy to use. Users can reduce more costs with Chum Tokens. Tiered users have different badges and privileges

User Voice — Collect user opinions and suggestions on UX/UI customization and other user-oriented functions.

CHUM is built on the BEP-20 protocol which is the token standard on the Binance Smart Chain that extends ERC-20, the most common Ethereum token standard. CHUM works as the native token of the Coinchum ecosystem.

The Coinchum team started to research and development in Q1 2020, then continued with a proof of concept in Q2 2020 so that investors could see the real concept of the Coinchum platform. Then later in Q2 2021 the Coinchum team started the backend design development and continued with the exchange platform test. And then the Coinchum team will launch a whitepaper that contains various information needed by users and investors and continues with a token sale. Then in Q3 2021, the team will start an Open Token Sale for the public, and in Q4 2021 the team will do web development. In Q1 2022 the Coinchum team will register for LPF in Hong Kong and launch an official P2P exchange. And in Q2 2022 the CHUM token will be listed on the exchange and in Q3 2022 there will be an injection of funds into SPAC in Hong Kong.

In reality, Binance and many other prominent exchanges have prompted crypto traders and users to switch to decentralized P2P exchange platforms in the past. It is because of increasing cyber threats, fraud, and hacks associated with centralized exchanges.

In recent times, the global crypto market has witnessed an increased need for decentralized P2P exchange platform development, as they make the whole process of trading easy and secure. Our experts also suggest that platforms can experience widespread acceptance with a streamlined regulatory and banking structure.

CoinChum was built by professional traders for users, especially unbanked people. With the solutions offered by CoinChum, newbie users can get educational resources to understand more deeply about the crypto market and use the various tools available. In this way, CoinChum can attract more people, especially unbanked people, to join the crypto market and experience the benefits of cryptocurrencies.

If you are planning to build decentralized P2P crypto exchanges, Oodles can help you provide development support. Also, a free-of-cost consultation is available with our blockchain and crypto exchange development experts to address your business needs. No obligation, just a quick chat to find out if we can help.