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Cryptops is a decentralized exchange (DEX) that was created to make it easy for users to trade crypto currency option derivative using a direct access blockchain. Some benefits of the Cryptops DEX are the on blockchain order book, fair trade matching and access to the immutable trade history data. Cryptops uses blockchain asset tokens that reference the crytpo currency option derivatives provided at various strike prices and expiration dates. Cryptops is a public blockchain that everyone can use to buy, sell or even create their own crypto currency derivatives directly on blockchain.
COE is the native utility coin of the Cryptops blockchain. The derivative premiums that are collected by selling the asset tokens are redistributed by means of the blockchain transaction fee pool. A weekly distribution of ALL network fees plus a 1% APY inflation is sent to all qualified addresses on a weekly basis and is paid using the native COE coin. The tokenomics are easily understood and Cryptops arguably has one of the most secure staking models available in blockchain today.
No registration is needed to trade crypto derivatives on the Cryptops blockchain, all that is needed is your secret key. To begin using Cryptops, just transfer BTC funds into your account on the Cryptops blockchain. The BTC transfer into a newly created account can be done using the direct Bitcoin to Cryptops ICO bridge. This self hosted ICO technology is just another of the many blockchain innovations brought about by the Cryptops project.
If you would prefer to first tryout Cryptops before transferring and using real crypto currency then a testnet address can be created and funded using the laboratory for testnet at https://laboratory.cryptops.exchange/#account-creator?network=test then using the Friendbot on the same page to receive a small amount of testnet COE. The CryptopsTerm wallet and trading application for the testnet can be accessed at https://cryptops.exchange/CryptopsTerm/#testnet, you can return to the main public blockchain by simply refreshing the page using your browser.
The Cryptops project was created by self custody blockchain enthusiasts for self custody blockchain enthusiasts and has been in private independent development for over 5 years.