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Author Topic: 💰💰💰 [ICO] [SOUK] CRYPTOSOUK - CRYPTO EXCHANGE FOR MIDDLE EAST 💰💰💰  (Read 29609 times)
CillaryHlinton
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August 18, 2018, 07:39:52 AM
 #1101

The project is really good. The roadmap is fantastic. The team is also nice. What is the token price?
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justin536
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August 18, 2018, 08:09:40 AM
 #1102

nice project
MaZeeCM
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August 18, 2018, 08:11:50 AM
 #1103

The project is really good. The roadmap is fantastic. The team is also nice. What is the token price?

Thank you for the great feedback. the presale price per token is $0.375 and for mainsale is $0.5.
LogitechM590
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August 18, 2018, 08:29:18 AM
 #1104

What will be the main purpose of SOUK tokens?
not4mike
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August 18, 2018, 03:20:46 PM
 #1105

Can I buy SOUK with credit card?

For Fiat, only wire transfer is allowed. Credit cards aren't allowed for ICO.

What is wire transfer,can you explain please?


Wire transfer, bank transfer or credit transfer is a method of electronic funds transfer from one person or entity to another. A wire transfer can be made from one bank account to another bank account or through a transfer of cash at a cash office.

Source: https://en.wikipedia.org/wiki/Wire_transfer

Cheers! Grin
not4mike
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August 18, 2018, 03:25:55 PM
 #1106

What will be the main purpose of SOUK tokens?

Souk tokens will be redeemable to pay trading, transfer and other fees at a discount of at least 30%. 

Also, Souk tokens will be the method of payment for the listing of new asset pairs from projects that meet CryptoSouk's diligence review for soundness.

Smiley
not4mike
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August 18, 2018, 03:32:58 PM
 #1107

Can I buy SOUK with credit card?

For Fiat, only wire transfer is allowed. Credit cards aren't allowed for ICO.

What is the reason for that?Why credit cards are not allowed?


Perhaps, maybe because credit cards are technically still considered as borrowed funds (that are yet to be fulfilled or paid by the credit card user). And wire transfers, bank transfers or credit transfers are considered funds that are readily available already to use upon actual transfer from the source to its intended recipient!

Just my few cents on the matter. Wink
MaZeeCM
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August 18, 2018, 03:48:11 PM
 #1108

What will be the main purpose of SOUK tokens?

Our vision is to build the next generation digital asset exchange for traders of every skill level with the aim of making digital currency trading accessible to everyone. We are devoted to enhancing our customers’ trading experiences with quick trade execution, fair pricing, world-class customer service, endless improvement and limitless creativity. The main purpose of our Souk Tokens are the following:

1. Tokens will be redeemable to pay trading, transfer and other fees at a discount of at least 30%. We reserve the right to create special promotions and windows where token discounts on fees will be higher for a period of time, but they will always be worth a discount of at least 30%. Certain pre-ICO and early ICO coin buyers will get an additional discount applied to the general fee discount.

2. Tokens will be the method of payment for the listing of new asset pairs from projects that also meet our diligence review for soundness.

3. The company will, after $1,000,000.00 in initial profit as calculated under standard IFRS rules, use 20% of it’s quarterly profit from the previous quarter to acquire and burn SOUK tokens from the market in the current quarter. The company has the right to purchase tokens before the $1 million milestone and can, at its option, acquire more than the required 20% in any given quarter at its sole election. The company will continue to acquire SOUK tokens until there are less than 5.6 million outstanding tokens. However, the company, at its sole discretion, can re-acquire and burn all 56 million tokens originally issued.


Best Regards,

MaZeeCM
BoutrosBoutrosGhali
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August 18, 2018, 04:30:59 PM
 #1109

What will be the main purpose of SOUK tokens?

Our vision is to build the next generation digital asset exchange for traders of every skill level with the aim of making digital currency trading accessible to everyone. We are devoted to enhancing our customers’ trading experiences with quick trade execution, fair pricing, world-class customer service, endless improvement and limitless creativity. The main purpose of our Souk Tokens are the following:

1. Tokens will be redeemable to pay trading, transfer and other fees at a discount of at least 30%. We reserve the right to create special promotions and windows where token discounts on fees will be higher for a period of time, but they will always be worth a discount of at least 30%. Certain pre-ICO and early ICO coin buyers will get an additional discount applied to the general fee discount.

2. Tokens will be the method of payment for the listing of new asset pairs from projects that also meet our diligence review for soundness.

3. The company will, after $1,000,000.00 in initial profit as calculated under standard IFRS rules, use 20% of it’s quarterly profit from the previous quarter to acquire and burn SOUK tokens from the market in the current quarter. The company has the right to purchase tokens before the $1 million milestone and can, at its option, acquire more than the required 20% in any given quarter at its sole election. The company will continue to acquire SOUK tokens until there are less than 5.6 million outstanding tokens. However, the company, at its sole discretion, can re-acquire and burn all 56 million tokens originally issued.


Best Regards,

MaZeeCM


Are we going to be able to trade those tokens on other exchanges?
Karam Prasad
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August 18, 2018, 04:45:52 PM
 #1110

What will be the main purpose of SOUK tokens?

Our vision is to build the next generation digital asset exchange for traders of every skill level with the aim of making digital currency trading accessible to everyone. We are devoted to enhancing our customers’ trading experiences with quick trade execution, fair pricing, world-class customer service, endless improvement and limitless creativity. The main purpose of our Souk Tokens are the following:

1. Tokens will be redeemable to pay trading, transfer and other fees at a discount of at least 30%. We reserve the right to create special promotions and windows where token discounts on fees will be higher for a period of time, but they will always be worth a discount of at least 30%. Certain pre-ICO and early ICO coin buyers will get an additional discount applied to the general fee discount.

2. Tokens will be the method of payment for the listing of new asset pairs from projects that also meet our diligence review for soundness.

3. The company will, after $1,000,000.00 in initial profit as calculated under standard IFRS rules, use 20% of it’s quarterly profit from the previous quarter to acquire and burn SOUK tokens from the market in the current quarter. The company has the right to purchase tokens before the $1 million milestone and can, at its option, acquire more than the required 20% in any given quarter at its sole election. The company will continue to acquire SOUK tokens until there are less than 5.6 million outstanding tokens. However, the company, at its sole discretion, can re-acquire and burn all 56 million tokens originally issued.


Best Regards,

MaZeeCM


Are we going to be able to trade those tokens on other exchanges?

That is a good question,but i doubt it will be traded on other exchanges right from the start,better use it internally
SRBYN
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August 18, 2018, 04:51:51 PM
 #1111

Do you plan reward those that join your beta program,like rewarding most active beta participants?
EmNg
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August 18, 2018, 05:21:54 PM
 #1112

What will be the main purpose of SOUK tokens?

Our vision is to build the next generation digital asset exchange for traders of every skill level with the aim of making digital currency trading accessible to everyone. We are devoted to enhancing our customers’ trading experiences with quick trade execution, fair pricing, world-class customer service, endless improvement and limitless creativity. The main purpose of our Souk Tokens are the following:

1. Tokens will be redeemable to pay trading, transfer and other fees at a discount of at least 30%. We reserve the right to create special promotions and windows where token discounts on fees will be higher for a period of time, but they will always be worth a discount of at least 30%. Certain pre-ICO and early ICO coin buyers will get an additional discount applied to the general fee discount.

2. Tokens will be the method of payment for the listing of new asset pairs from projects that also meet our diligence review for soundness.

3. The company will, after $1,000,000.00 in initial profit as calculated under standard IFRS rules, use 20% of it’s quarterly profit from the previous quarter to acquire and burn SOUK tokens from the market in the current quarter. The company has the right to purchase tokens before the $1 million milestone and can, at its option, acquire more than the required 20% in any given quarter at its sole election. The company will continue to acquire SOUK tokens until there are less than 5.6 million outstanding tokens. However, the company, at its sole discretion, can re-acquire and burn all 56 million tokens originally issued.


Best Regards,

MaZeeCM


Are we going to be able to trade those tokens on other exchanges?

No comments on exchange now

Best regards
EmNg
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August 18, 2018, 05:23:03 PM
 #1113

Do you plan reward those that join your beta program,like rewarding most active beta participants?

Any of such reward will be openly announced stay tuned

Best regards
MazeeCm
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August 18, 2018, 07:57:39 PM
 #1114

What will happen in case you dont reach soft cap?Do you have "plan B"?

If the tokens are not sold the team can buy back and burn all the 52M tokens and continue with the development of the project

Would you buy back with the pre-sale price or with the main sale price? And how will you continue the developement of the project without funding?

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VestRidCr
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August 18, 2018, 08:02:03 PM
 #1115

Can I buy SOUK with credit card?

For Fiat, only wire transfer is allowed. Credit cards aren't allowed for ICO.
Yes, that's right. Never need to buy cryptocurrency for credit money. It is very dangerous. Cryptocurrency is a very high-risk investment. Smiley

DammeClaudeVanJean
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August 18, 2018, 08:15:36 PM
 #1116

Since CryptoSouk soft cap is set as reasonable 1 million USD,i believe they wont have many issues reaching that.
Blueoyster
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August 19, 2018, 01:46:33 AM
 #1117

Can I buy SOUK with credit card?

For Fiat, only wire transfer is allowed. Credit cards aren't allowed for ICO.
Yes, that's right. Never need to buy cryptocurrency for credit money. It is very dangerous. Cryptocurrency is a very high-risk investment. Smiley

He did not mean credit money, just to pay using a credit card Cheesy
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August 19, 2018, 01:48:36 AM
 #1118

Since CryptoSouk soft cap is set as reasonable 1 million USD,i believe they wont have many issues reaching that.

Isn't soft cap already reached?
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August 19, 2018, 02:08:37 AM
 #1119

Can I buy SOUK with credit card?

For Fiat, only wire transfer is allowed. Credit cards aren't allowed for ICO.

What is the reason for that?Why credit cards are not allowed?

Credit cards are usually not good, because you can ask for chargeback even 120 days after the purchase.
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August 19, 2018, 02:23:17 AM
 #1120

Can I buy SOUK with credit card?

For Fiat, only wire transfer is allowed. Credit cards aren't allowed for ICO.
Yes, that's right. Never need to buy cryptocurrency for credit money. It is very dangerous. Cryptocurrency is a very high-risk investment. Smiley

He did not mean credit money, just to pay using a credit card Cheesy

I believe a fellow member here (below) commented on the same topic also, to further explain why. Smiley

Cheers! Grin



Can I buy SOUK with credit card?

For Fiat, only wire transfer is allowed. Credit cards aren't allowed for ICO.

What is the reason for that?Why credit cards are not allowed?

Credit cards are usually not good, because you can ask for chargeback even 120 days after the purchase.

I agree!  Wink
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