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CDOEX is a next generation cryptocurrency which allows investors to profit from the effects of Corona Virus on both the bond market and the housing market by enabling investors both accredited and non accredited to short the housing market through bond market index priced tokens traded against popular cryptocurrencies like Bitcoin, Ethereum, Binance coin and XRP.
The CDOEX cryptocurrency exchange will have a variety of products on offer once we have completed the majority of milestones on our timeline. It is our mission to over the long term be able to allow anyone wishing to buy any cryptocurrency to be able to do so through our cryptocurrency exchange.
One of the first few milestones we will work towards is making available a fiat gateway which allows market participants to buy cryptocurrencies through fiat currencies such as the USD, Pound or Rand. We are working towards enabling this option via a payment portal which accepts various credit cards as well as through PayPal and other platforms similar to PayPal. We will however be charging market participants who wish to purchase cryptocurrencies through the fiat gateway a commission fee which goes to our trading desk.
However, if one were to purchase our native token using the fiat gateway which they can then use to purchase other cryptocurrencies commission free we will not charge any commission. In addition to allowing market participants to access major cryptocurrencies (utility tokens) such as Bitcoin, Ethereum and Litecoin we will also allow market participants to purchase security tokens such as tokenized equity using our native cryptocurrency.
Market participants wishing to purchase tokenized equity on our marketplace with other cryptocurrencies such as Bitcoin or Ethereum will be able to do so but a small commission fee will be charged on that transaction, but if our native token is used in payment of a security token purchase there will not be any commission fee charged on the transaction.
Another milestone we are working towards is a CDOEX debit card linked to accounts on the CDOEX cryptocurrency exchange. Our debit card will allow market participants to spend their cryptocurrency balances in the US dollar and other fiat currencies. The CDOEX debit card will be only available to accounts that have reached a certain trading volume