CWEX - decentralized fine wine trading
WHAT IS CWEX
A new cryptocurrency allowing wine traders and cryptocurrency holders to trade & hold fine wine on www.cwinex.com exchange in CWEX/BTC/ETH/NEO/USDT.
Fine wines are among the most profitable investment assets. Demand for investing in them is growing significantly. However, current fine wine trading platforms are complicated and have high processing fees.
The CWEX exchange aims to establish easy to access and easy to use fine wine trading platform. Backed up by its partner, DotChain GmbH based in Switzerland, it guarantees anonymity and security of investment by providing blockchain based ownership certification to each bottle of wine traded on the trading platform.
This system of trading with ownership certificates significantly lowers the current processing fees, leaving the buyer almost 80% higher value of his investment at the start.
HOW IT WORKS
CWEX Trading Process
The CWEX platform makes the trading easy and available to everyone interested in investing their cryptocurrency holdings in the real-world asset (fine wine).
On the CWEX platform, only fine wine vendors that passed a strict auditing process can list their products for trading. For you as a trader, it means the security of your investment and the guarantee of the fine wine authenticity.
Your trading cycle on the platform is performed in these five simple steps:
1. Bid or offer
As a registered trader, you can place a bid or offer for a selected fine wine.
2. Trade matched
Once your bid or offer is matched, you are notified of the successful trade.
3. CWEX in partnership with DotChain GmbH secures the wine
CWEX in partnership with the Swiss-based company, DotChain GmbH secures the asset, meets all the compliance requirements and insures your asset.
4. Blockchain-based ownership certification is transferred to the buyer
You receive the blockchain-based ownership certification on your account, as the guarantee of the bottle´s authenticity and the investment value.
5. Three options available to the certificate owner
As the certificate owner, you have three options – your ownership certification can be traded on the platform, held for the price appreciation or fulfilled it in the physical wine delivery.
Author (rawon ayam)
Bitcointalk Profil Link: https://bitcointalk.org/index.php?action=profile;u=1397196
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