CoinPulse Exchange (CPEX)

What is CoinPulse Exchange

 We are hard at work on the CoinPulse Exchange! Our dedicated team members want to bring you the most value possible for being a CPEX token holder! CPEX is no ordinary token and our Cryptocurrency exchange will be no ordinary exchange.

The CoinPulse Exchange will be an integrated dual exchange, which will combine both Instant Exchange and Advanced Exchange. Instant Exchange will be designed for quick buy and sell orders for those who wish to execute a quick simple trade. Advanced Exchange will be designed for those who want advanced trading features using order books to place different order types such as Limit, Market, Stop/Stop-Limit and Trailing stop-loss. The trading pairs on the CoinPulse Exchange will be dynamically managed from the Exchange’s back-end. The Exchange will be able to add new trading pairs, set up dynamic fees for each individual pair, and provide several other options including marking certain pairs as favorites. For each trading pair, the exchange will display the following information: the type of cryptocurrency, the daily transaction volume of the chosen cryptocurrency, and the price increase/decrease over the last 24 hours along with the dynamic trading chart. The trade will take place automatically based on the orders available on the exchange in the real time. The differences among various types of orders to be available on the exchange are outlined below:

LIMIT ORDER: The Limit order will automatically execute once a price match occurs. Otherwise, it will continue as an open order until it expires. To place the limit order, a user selects the pair and enters the amount and the maximum (for buying) or minimum (for selling) price.

MARKET ORDER: The Market order will instantly execute based on an aggregate pricing algorithm. The price is generated by aggregating orders from the exchange. A user selects the pair and enters the amount. The trading price will automatically be provided by the system. This order is instantly accepted by the exchange once the user selects the pair, enters the amount, and confirms.

STOP-LIMIT ORDERS: A stop-limit order is an order to place a regular buy or sell order that will execute when the highest bid or lowest ask reaches a specified price. This limit is often referred to as the "stop”. This can be an extremely helpful tool for protecting profits or minimizing losses.

TRAILING STOP-LOSS ORDERS: One of the most impressive features the CoinPulse will offer is an innovatively designed Automatic, or Trailing Stop Loss feature: This a powerful, hard to find feature that will let you set a stop order that will be automatically adjusted each time the market moves 20% from the price that was started at. There will be a standard stop loss with an optional checkbox that will trigger the Trailing Stop feature. An example would be if you want to sell an asset only if it goes down 10% from the current price, you set a regular Stop Limit as such. When you check the Trailing Stop option, the order will execute as usual at the price you set it if the asset then goes down to that 10% threshold, but if the market first goes up by 20%, the Stop Limit will change by 20% also. Each time the market goes up by 20% increments, your sell price protection (Stop Limit) also goes up by 20%, thereby letting you automatically take advantage of the market moving in your favor without having to readjust the Stop Limit to benefit from the overall increase in the asset price.

CoinPulse is planning to provide an exchange to facilitate a true ecosystem for trading cryptocurrencies. The CoinPulse mission is to become a foundation for asset trading and the acceleration of blockchain growth.