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Cryptocurrency News Articles

Coincall Launches CALL Token to Empower Crypto Traders in Turkey

Apr 25, 2024 at 07:17 pm

Emerging in the crypto landscape, Coincall, an options trading platform, has introduced its local token, CALL, to the Turkish market. With a total market value of nearly $106 billion for cryptocurrencies with loyalty programs and service tokens, Coincall's CALL aims to power the derivative trading ecosystem and enhance the value of the platform for its growing user base.

Coincall Launches CALL Token to Empower Crypto Traders in Turkey

Coincall Unveils Its Native Token, CALL, Empowering the Crypto Trading Ecosystem in Turkey

The global cryptocurrency market continues to witness a surge in the adoption of loyalty program and service tokens issued by crypto transaction platforms. The cumulative market capitalization of these tokens has soared to an impressive 106 billion dollars, signaling the growing significance of ecosystem-specific tokens within the crypto landscape.

In this vibrant market landscape, Coincall, a leading crypto options trading platform, has made a strategic move to enhance its offering by introducing its native token, CALL. This token serves as the cornerstone of Coincall's ecosystem, unlocking a range of benefits and opportunities for its users.

A Gateway to Exclusive Platform Perks and Rewards

CALL is designed to be the linchpin of the Coincall community, providing its holders with an array of exclusive perks and rewards. Users can leverage CALL to offset transaction fees incurred on the Coincall central exchange and to minimize gas fees on decentralized exchanges.

Moreover, CALL opens the door to an array of investment opportunities, empowering users to tap into the growth potential of the Coincall ecosystem. The token's intrinsic value is further enhanced by its limited supply, with a total issuance of 300 million tokens and a circulating supply capped at 60 million.

Driving the Derivative Trading Ecosystem

Coincall recognizes the importance of community engagement and rewards its loyal users through a generous token distribution strategy. Notably, 20 percent of the CALL token supply will be allocated to existing Coincall users. This distribution will be phased over several months, ensuring that the token's value reaches a wider audience.

Furthermore, users will be incentivized to actively participate in the platform through rewards programs. Every task or action, such as depositing funds, trading, mining, or inviting friends, will be rewarded with CALL tokens. This innovative approach not only fosters community involvement but also bolsters the overall value of the CALL token.

Unveiling an Unparalleled Trading Experience

Coincall stands out as a rapidly rising star in the crypto derivative trading arena. Its impressive transaction volume of over 24 million dollars within 165 hours, as per CoinMarketCap data, is a testament to its growing popularity.

The platform's commitment to providing an exceptional trading experience is further underscored by its innovative features. Coincall is the first centralized derivatives exchange to offer third-party custody solutions for user assets, ensuring the highest levels of security and peace of mind.

A Bridge to Sophisticated Crypto Investment

The introduction of Coincall's native token, CALL, is a pivotal step towards enhancing the sophistication and accessibility of crypto investment in Turkey. As Coincall MENA, CIS, and Turkey Manager Muhammed Kasım aptly states, "CALL will advance the sophisticated product and investment experience that Turkish investors deserve."

With its robust features, generous rewards program, and focus on community engagement, Coincall is poised to become a driving force in the Turkish crypto market and beyond. As the platform continues to evolve and expand its offerings, CALL is destined to play an increasingly vital role in shaping the future of crypto trading and investment.

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Other articles published on Jan 04, 2025