TRADE MINING (Trade-to-Mine)
Cryptorg provides a possibility of additional earnings through the trade mining.
We are grateful to our community, which has been with us since 2017. It motivates us to develop and to make trading better and more convenient.
From May 1, 2019, the platform will begin to provide users with the possibility of mining (Trade-to-mine) by trading bots. Cryptorg launches its own ERC20 token on the Ethereum network to charge rewards. Rewards will be charged for each successful deal completed by the bots. Tokens can be withdraw from the platform to an external wallet. The more tokens you have, the more you will receive rewards for each transaction with bots.
- Name: ERC20 Cryptorg Token (CTG)
- Etherscan Link: link
- Total supply: 100 000 000 CTG
- Token distribution:
5 % - team of Cryptorg;
15 % - developing;
10 % - marketing;
1 % - bounty programm;
19 % - holders.
5 % - expenses for payment for deals until May 1, 2019;
45 % - expenses for payment for Trade-to-Mine;
Where is CTG traded?
Trading pair: USD-CTG
How does Trade-to-mine work?
Trade-to-mine is a model for obtaining tokens by trading with bots on the Cryptorg platform. It is not required classic mining (GPU farms and ASIC devices). To get more income, you need to make as many trade as possible using bots.
The effectiveness of one successful transaction depends on such values as:
- deal volume
- current tariff
- amount of tokens in account balance
- number of transactions for the last day on the platform
More detailed formula for calculating the weight of the transaction can be found here.
Once a day the platform will generate a block, containing a strictly fixed number of tokens. Coins from blocks will be distributed between traders (depending on the performance of their deals), as well as between holders (wallets or accounts with more than 100 thousand CTG tokens). Every 120 days the number of generated coins will change according to the table. This approach will provide stable financial growth for users and ensures that they will get benefit from mining.
Reward distribution table
|Period||Reward per day||Miners 70 %||Holders 30 %||Total CTG|
|Summary:||45 000 000 CTG|
We are confident that the platform will continue to evolve. An increasing number of traders will use it for work, and the community will grow. We will issue 19 million tokens (19 % of the total) for crypto fans who want to support the project, as well as holders, who believe in token growth and want to accumulate CTG tokens through “passive trading”.
The number of tokens in a package is 100,000 with a fixed price of 1 cent per 1 token. The maximum possible number of packages to purchase is 190. Packages will stop to be formed as soon as the total number of sold coins reaches 19 million. Funds received from the sale of tokens will go as payment for listing on the crypto currency exchanges.
Attention! Each account or wallet owning more than 100,000 tokens receives a portion of the profit from mining (proportional part of 30% of the daily reward). The most profitable option is to keep tokens on Cryptorg and trade bots at the same time. In this case, the weight of deals will be the highest (see the Formula above). This will allow you to extract the maximum profit from trade mining. Users who store tokens on the platform will be reward daily.
CTG tokens can be keep both on the Ethereum wallet and on the account balance at Cryptorg. If tokens are keeping on Cryptorg, they participate in the accrual of additional compensation at the time of completion of a deal by a bot.
Rewards for deals made before May 1, 2019
All users registered on the platform before May 1, 2019 will receive rewards to the balance of their Cryptorg account in the form of CTG tokens, for all successful deals completed by bots for the entire period of use. The amount of reward depends on the number and effectiveness of transactions. Please note, the higher the current rate on the accrual date (May 1, 2019), the more tokens the user will receive.
CTG Token Requirement
- Trading on cryptocurrency exchanges. Listing on 2-3 exchanges is planning in the 2nd quarter of 2019.
- Payment of tariffs on Cryptorg.net with an additional benefit.
- Possibility to buy different digital products in internal Marketplace.
- Payment of tariffs on Cryptorg subsidiary projects with margin trading.
- Token introduction as the main unit of account for copy-trading on Cryptorg and its subsidiary projects.
- Payment of tariffs on Tradingbeep.com with an additional benefit.
- This page https://cryptorg.net/en/trade-mining
- Cryptorg White Paper https://cryptorg.net/cryptorg_wp_eng_short_v2.pdf
- Roadmap https://cryptorg.net/en/roadmap
- Video about Cryptorg https://www.youtube.com/watch?v=uMgKkk-YtYU
- Github https://github.com/cryptorg-io
- Twitter https://twitter.com/Cryptorg_trade
- Discord https://discordapp.com/invite/qhhZ65K
- Bitcointalk trade-to-mine announce ENG https://bitcointalk.org/index.php?topic=5136973.0
- Bitcointalk service announce ENG https://bitcointalk.org/index.php?topic=4944370.0
- Bitcointalk service announce RUS https://bitcointalk.org/index.php?topic=2353517
- Cryptorg Announces of Trade-to-Mine Mechanism via Trading Bots (Cointelegraph) https://cointelegraph.com/press-releases/cryptorg-announces-of-trade-to-mine-mechanism-via-trading-bots
- Telegram chat ENG https://telegram.me/cryptorg_eng
- Telegram chat RUS https://telegram.me/cryptorg_rus