As avid users of the CoinSwitch platform, you are well aware that CoinSwitch PRO has always been at the forefront of democratizing access to the crypto universe while ensuring the safety and security of our user community. Yet, you might be wondering how exchanges select coins for listing. Here’s a behind-the-scenes look at how we go about the selection process, plus a sneak peek at our newest offering, the Innovation Zone. Let’s dig in.
Careful selection from a wide range of coins
Since the time of inception, CoinSwitch PRO has offered a diverse range of coins for trading. Though our selection is vast, it is by no means exhaustive. Of the countless coins sourced from various blockchains, only a select 150 or so have made it to our platform.
The stringent filtering reflects our commitment to maintaining a trust-filled environment for our users, who have always been our pillars of strength with their continuous support.
CoinSwitch PRO serves an expansive user base that holds diverse views about coin selection. Some favor selecting from a huge range of coins, while others prefer a conservative approach, focusing on well-established coins. Our role as the mediator platform is to strike the perfect balance between the two points of view.
Yes, popularity counts
To maintain our leadership position among trading platforms, we prioritize listing high-demand projects without compromising user safety. Yes, popularity is a crucial criterion for selection. Yet, there are other parameters that coins must meet to be selected for the Innovation Zone.
The Innovation Zone: Helping you navigate coin-specific volatility
To address the ever-changing crypto landscape and its increasing pace, we’re proud to unveil the Innovation Zone. The new feature allows users to explore and trade the selected coins securely within their CoinSwitch PRO account, ensuring they are not exposed to undue risks.
Our Innovation Zone offers an added layer of protection for accessing these volatile new coins.
Remember, trading is a matter of choice. Always do your research and be clear about your responsibilities.
In closing, while the crypto world is exciting and filled with opportunities, it also comes with uncertainties. Always DYOR (Do Your Own Research). Navigate wisely, and happy trading!
FAQs:
How is the Innovation Zone different from other trading sections on CoinSwitch PRO?
The Innovation Zone specifically caters to coins with a higher degree of volatility and uncertainty. It’s designed for experienced traders interested in exploring these coins while understanding the risks involved.
What criteria must a coin meet to be listed in the Innovation Zone?
Coins in the Innovation Zone are typically newer offerings that have shown promise and popularity. Our team conducts a preliminary assessment to determine their fit for the Innovation Zone, although users should still perform their own research before trading.
How frequently does CoinSwitch PRO update or add coins to the Innovation Zone?
The crypto landscape is dynamic, and so is our Innovation Zone. We continuously monitor the market and may add and remove coins based on various factors, including demand, legitimacy, and overall market trends.
Can I suggest coins to be added to the Innovation Zone?
Yes, we value our community’s input. While we can’t guarantee inclusion, you’re welcome to suggest promising coins for consideration. You can join our official Telegram channel (Link here- https://t.me/+9R9RA87tWrQwMDQ1) and make your suggestions.
Is there a higher fee for trading within the Innovation Zone?
No, the trading fee structure remains consistent with other parts of our platform.
Where can I seek assistance if I face issues trading within the Innovation Zone?
Our support team is available to assist you with any challenges. You can reach out through the designated support channels on our platform, and we’ll do our best to address your concerns promptly.
How does the Innovation Zone help users?
Innovation Zone allows users to trade in selected coin offerings while at the same time shielding less-suited users from being exposed to the “risk” that comes with trading them.
Why do we have an innovation zone only on PRO?
Innovation Zone provides users a safer space for accessing selected coins likely to have higher volatility than others. PRO is an advanced trading platform that supports traders who thrive on higher volatility and a risk appetite.
How do users find out about the risks in innovation zone coins?
Users will be notified about the coin and the risk involved in the description of the coin on the buy/sell widget. Users will be allowed to trade only when they accept the risk involved.
Are there any restrictions on who can trade in the Innovation Zone?
Yes, we currently take consent only on UI; users need to give consent for each innovation zone coin once in a lifetime to be able to trade.
