CoinChum-Simply a Better P2P crypto platform for world's unbanked people.Innovative Secured Flexible

About CoinChum

Coinchum is a Peer to Peer marketplace with various cryptocurrency offerings, including Bitcoin, USDT, Ether, XRP, and the Chum token. Coinchum integrates web-based features with an intuitive interface that enables users to learn from education resources and trade cryptos using advanced market tools that allow for the efficient monitoring and analysis of market trends. CoinChum opens up opportunities for both novice traders and pros to cash in on crypto trades by facilitating one-on-one interactions between users. Pros can leverage copy trading to monetize their strategies and profit from novice traders to maximize their returns.

Tiered deposit or withdrawal fees for all the cryptocurrencies.

Awesome affiliate program (Users earn a percentage by their referrals.).

Cryptographically secured wallet provided by Multi-Party Computation (MPC) technology

Flexible exit plans for investors (SPAC setup and operation in Hong Kong)

Wallet Security

Coinchum’s wallet security is protected via MPC which is cryptographically secured and protects the wallet from any human error or cyber-attack. Security to a wallet address is necessary as many individuals and institutions are entering this ecosystem. MPC provides four layers of security. These consist of:

1^st Layer - Multi-Cloud with MPC

The Multi-Cloud provides security to the private key as it is never on a single device. The MPC and CMP (Certificate Management protocol) remove any single point of contact from both the internal and external hackers.

2^nd Layer – Software Guard Extension (SGX)

SGX is encryption by the CPU of a portion of the RAM (i.e. computer memory) used to store each private key. The RAM and data are encrypted in the SGX which protects them from any hack or malware attack, even if the hacker has overall control over the Operating System.

3^rd Layer – Policy Engine

This layer enables institutions and organizations to set their approval policies for the transaction, hence, it is called Policy Engine. The Policy Engine is also client-facing: it enables users to set their own rules and validation processes needed before transaction approval.

4^th Layer – Settlement layer

Since the deposit address’s authentication is automated, the settlement layer helps in mitigating risks by authentication rotation. This is very important as at stake here is institutional asset security.

Problem (with prevailing P2P crypto platforms) & Solution(by Coinchum)

Limited choices on coin selection. No risk hedging tools.

An open voting system
Binary trading pairs with low fees

Poor or non-existence customer service

Fast reply from online chat
Fast resolution for login & account issues

Less security on account and wallet

Wallet security

Assets insurance
Fund password Account Security
GA
Anti-phishing

High fraudulent probability

Anti-Scam (before trade)
Anti-Scam (after trade)

Lack of cryptoanalysis tools

Detailed price analysis tool
Powerful events & information terminal

Lack of education

Cryptocurrency Academy
Education resources

Inflexible fee structure

Affordable and user-friendly fee rate
Deductfees by Chum Token

How to make profits

Leaderboard dashboard system
Make profits by social trading

COMPETITOR ANALYSIS

	Localbitcoins	Paxful	Coinchum
Cryptocurrency	1	3	Multiple
Trading fee	1-2%	1-5%	0.5% and flexible
C2C and B2C	No	No	Yes
Social trading	No	No	Yes
Security level	High	Medium	High
Analysis tools	No	No	Yes
Education Resources	No	No	Yes
Anti-Scam System	Medium	Low	High
Customer Service	Low	Low	High

Coinchum targets markets with excellent future growth

Global cryptocurrency adoption is skyrocketing. Overall, North America remains the most active. In India more than 90% of the users who come onboard from fiat currency use P2P marketplace. Africa as a whole is the fastest growing among all continents in terms of P2P trading volume. Africa’s Crypto Market has Grown by $105.6 Billion in the Last Year (2020).In raw numbers, this translates to $105.6 billion worth of crypto assets between July 2020 and June 2021, accounting for 1,200% crypto value growth. Nigeria is the largest volume driver in Sub-Saharan Africa. The country currently accounts for 48.5% of the total weekly P2P volume in the region, and it is currently the second largest nation in terms of weekly volume globally, only behind the U.S.

CRYPTO AND SPAC ERA

If Coinbase’s IPO has brought cryptocurrency into the mainstream of asset classes, it could have implications for SPACs. There are around 430 SPACs looking for deals and, it is highly likely given SPAC's role as lightning rods for speculation, that we'll start to see more cryptocurrency/bitcoin SPAC deals in the near future.

Indicative of future developments here is the news recently announced by Blockchain technology developer OBIT. OBIT announced in January 2021 that it is itself working to form a SPAC to combine with an emerging blockchain target.

DraftKing’s (NASDAQ:DKNG) 52-week low of $9.85 and a high of $64.19 shows how big a gain is possible when buying and holding a SPAC on an uptrend.

Token Sale

CHUM (BEP20) Token name

20,000,000 Private sale

38,000,000 Token freeze

5,000,000 USD Soft Cap

200,000,000 Total supply

50,000,000 Public sale

BTC,ETH,USDT,LTC,BNB Accepted currencies

20,000,000 USD Hard Cap

Bonus Details

The CHUM token crowd sale is divided into two parts: private sale and public sale. The private sale will begin in Mar 2022 and will end in May 2022. Each CHUM will be priced at $0.1-$0.3 based on different stages. The crowd sale will begin in Jun 2022 and will end in Oct 2021. Each CHUM will be priced at $0.50.

BUY CHUM TOKEN NOW

Token Allocation

Use of proceeds

CoinChum Vision

Coinchum aims to expand horizontally into new market segments in the future, thereby moving beyond its initial function as an innovative trading platform for cryptocurrencies. We will integrate more popular functions into our system. These functions include but are not limited to B2C, Social trading, Contract and Margin trading, as well as a professional trading system. Our goal is to build an ecological closed-loop system where traders can achieve their goals: trading and profiting. When we have more and more active global users, CoinChum will go to the next stage. Chum intelligent chain (CIC) will be a real updated smart chain where developers are able to build decentralized applications (DApps) and help users manage their digital assets cross-chain with low latency and large capacity. CIC is an easy-to-use public chain for users. And we need to take more social responsibility. That's why we will set up CHUM labs to support unlimited crypto startups like us now. We hope we can solve some problems in developing countries, like poverty, education, pollution. We will set up a foundation to help those countries who are in deep poverty from Africa, India, Latin American countries where our most users come from.

Below are some of the expectations that investors can get from CHUM token and CoinChum company

Token appreciation
Strategic acquisitions
Management buyouts
Initial public offering (IPO) via S.P.A.C

What are we planning to achieve?

Coinchum will be guided by the following product roadmap. The dates in the roadmap are indicative and are subject to change. In the event that amendments are made to the calendar detailed below, Coinchum will update this white paper accordingly.

What we’ve done so far?

As of the first week of Jan 2022, we have completed front and backend development, installed and tested SMS API successfully. Our engineers and a selected group of traders have begun to test the system and fix bugs. We are installing the final series of functionalities that will be available on the interface, with the result that a final product will shortly be ready to go to market

USER DASHBOARD

ADMIN DASHBOARD

Team

Core Team Member

Daniel Yan

CEO and founder

Nitesh Mishra

CPO and co-founder

Delia Sabau

Lokesh Shanbhag

Financial advisor

Xavier Bravo

Compliance advisor

Emanuela Luisa

Investment advisor

Yury Salamakho

Marketing advisor

Simon Huss

Strategic Advisor

Jamilia Grier

Legal advisor

FAQs

Our roadmap is planned where we take on the most complex problems and turn them into great solutions

What is ICO Crypto?

Once ICO period is launched, You can purchase Token with Etherum, Bitcoin, or Litecoin. You can also tempor incididunt ut labore et dolore magna aliqua sed do eiusmod eaque ipsa.