While it is known that the total market value of loyalty program and service tokens of crypto transaction platforms is approaching 106 billion dollars, a new one has been added to these crypto currencies. The crypto options trading platform, which opened to the Turkish market, introduced its local token.
The market value of local tokens of cryptocurrency exchanges and other trading platforms, which can be used in transactions within the exchange and thus have a loyalty program feature, has approached 106 billion dollars, according to CoinMarketCap data. Coincall, which announced its opening to the Turkish market in recent weeks, also introduced its local token, CALL, to be used on its platform.
Sharing his evaluations on the subject, Coincall MENA, CIS and Turkey Manager Muhammed Kasım said, "Our platform token $CALL, officially launched as of April 15, will be the value carrier of the Coincall community."
Developed on Ethereum and Solana
Coincall Token, whose total supply is determined as 300 million, whose circulating supply is limited to 60 million and 3 percent of which will be released to the market in the first stage, was developed on Ethereum and Solana standard protocols. Stating that CALL can be bought and sold like other cryptocurrencies, as well as supporting derivative clearing services on the platform, Muhammed Kasım said, “Coincall Token, which is a symbol of the permanence and value promise of the platform, can be used for transaction fees on the Coincall central exchange and gas fee (transaction fee) on the decentralized exchange. "CALL, which offers investment opportunities and brings advantages to the community that believes in Coincall, will contribute to the future of the ever-expanding crypto ecosystem," he said.
It will power the derivative trading ecosystem
Emphasizing that 20 percent of the tokens will be distributed to people who are already Coincall users, Muhammed Kasım said, “We will spread this distribution and airdrop process over months. After distributing 3 percent with the first airdrop, we will organize airdrops every month until the remaining 17 percent is consumed. Thus, we will make it possible for the value to reach wider segments. In addition, users will earn $CALL gifts for their actions such as depositing money, trading mining, inviting friends. Users who participate in our program, which we call Fireworks 2.0, will be rewarded with $CALL after each task they complete. "Our local token, CALL, will become the locomotive of the platform in a very short time and will power the derivative trading ecosystem in Turkey," he said.
“We offer options trading experience with spreads as low as 0”
Emphasizing that Coincall is a rapidly rising platform among innovative crypto derivative platforms with a 165-hour transaction volume of more than 24 million dollars, according to CoinMarketCap data, Coincall MENA, CIS and Turkey Manager Muhammed Kasım concluded his evaluations with the following statements:
“Founded by a platform that knows both traditional finance and crypto markets to improve the experience in crypto options trading and make derivative transactions accessible, Coincall offers an options trading experience with spreads as low as 0. As the first centralized derivatives exchange to work with third parties to hold user assets one-to-one, we stand out with our innovative features for options, perpetual and futures trading. In our exchange, where spot trading is also possible, forward transactions of popular altcoins as well as leading cryptocurrencies can be carried out. “Coincall Token (CALL), the local token we developed as Coincall, will advance the sophisticated product and investment experience that Turkish investors deserve.”