A cryptocurrency (or crypto currency) is a digital asset designed to work as a medium of exchange that uses cryptography to secure its transactions, to control the creation of additional units, and to verify the transfer of assets. Cryptocurrencies are classified as a subset of digital currencies and are also classified as a subset of alternative currencies and virtual currencies. Cryptocurrencies use decentralized control as opposed to centralized electronic money and central banking systems. The decentralized control of each cryptocurrency works through a blockchain, which is a public transaction database, functioning as a distributed ledger.
CoinPulse is the first cryptocurrency exchange that is completely based around and supported by its community. Token holders will have a say in its majority of the decisions. Majority of the functions on CoinPulse have been included based on suggestions received from its community and we will proudly continue to do this!
CoinPulse token holders get exclusive discounts along with multiple trading options that include orders books for different cryptocurrency pairings, highest security, referral bonus, and other advanced features.
CoinPulse (CPL) token is an ERC223 token created by the developers of CoinPulse, which offers a number of valuable benefits when used for trading any cryptocurrency on the CoinPulse exchange. Speak with the community by joining our telegram group to get more details about extraordinary benefits you will receive as a token holder.
We have employed state-of-the-art technologies and optimal security practices to keep your digital assets as safe as possible at all times. All your information on CoinPulse exchange is secured to the highest degree. Some of the security features include 2FA, Google ReCaptcha, KYC, etc. Additionally, we keep over 90% of assets in cold storage. Above listed security measures does not include many other measures we have in place, but we cannot share all of them due to security reasons.
This option can be found on "Wallets" page. Please use the option "Deposit" associated with the coin/token you want to deposit in your CoinPulse wallet. Please note that CoinPulse exchange will not be able to deposit coin/token if you use incorrect deposit address to deposit coin/token in your CoinPulse wallet. Example: using deposit address of Ethereum to deposit Bitcoin will result in to loss of Bitcoin you deposit. It is always advisable to copy deposit address instead of typing it.
This option can be found on "Wallets" page. Use the option "Withdraw" associated with the coin/token you want to withdraw from your CoinPulse wallet. Enter withdraw address or use any of the saved withdraw addresses to withdraw your coin/token.
The Limit order will automatically execute once a price match occurs. Otherwise, it will continue as an open order until it expires. To place the limit order, a user selects the pair and enters the amount and the maximum (for buying) or minimum (for selling) price.
The Market order will instantly execute based on an aggregate pricing algorithm. The price is generated by aggregating orders from the exchange. A user selects the pair and enters the amount. The trading price will automatically be provided by the system. This order is instantly accepted by the exchange once the user selects the pair, enters the amount, and confirms.
A stop-limit order is an order to place a regular buy or sell order that will execute when the highest bid or lowest ask reaches a specified price. This limit is often referred to as the "stop”. This can be an extremely helpful tool for protecting profits or minimizing losses.
The stop-limit box has three inputs:
1) Stop - think of this as the "trigger price." If you place a stop-limit order to sell, it will turn into a regular limit order when the highest bid drops to or below the stop. If you place a stop-limit order to buy, it will turn into a regular limit order when the lowest ask rises to or exceeds the stop.
2) Limit - this is the same as the "Price" on a regular buy or sell order. Once your stop-limit order has been triggered by the highest bid or lowest ask reaching your stop price, it turns into a buy or sell order for the price you enter in the limit field.
3) Amount - this is same as the "Amount" on a regular buy or sell order. It indicates the amount of cryptocurrencies you wish to buy or sell should your stop-limit order be triggered.
Stop-limit buy orders: Suppose ETH has crashed to 0.1 BTC. It's low, and it's a good time to buy but you think it isn't done crashing, and would like to wait for it to go even lower before buying. Still, you could be wrong, and want to be sure you don't miss out on buying, then place a stop-limit buy order as follows:
Stop: 0.11 BTC
Limit: 0.12 BTC
Now, you can watch the price plummet, but if you're wrong and the price goes up, you'll automatically buy in when the lowest ask reaches 0.11 BTC (as long as there are enough sell orders at or below 0.12 BTC to cover your purchase).
Stop-limit sell orders: Suppose you bought ETH at a price of 0.12 BTC. It's now at 0.15 BTC. You've made some profit, but you're feeling it has nowhere to go but up. At the same time, you're aware that crypto is volatile, and that tomorrow's headline could cause the price to crash. If you want to continue to hold your ETH, but want to make sure you get out if a crash comes, place a stop-limit sell order as follows: Stop: 0.14 BTC Limit: 0.13 BTC You now have some protection. You're holding your ETH, but if the price crashes to 0.14BTC, your ETH will automatically be sold (as long as there are enough buy orders at or above 0.13 BTC).
Trailing Stop Loss by CoinPulse: A Revolutionary Step towards Stop Loss Pricing!
This is currently available only for buy orders. This is a powerful, hard-to-find feature in the cryptocurrency market, which allows users to set a stop order that automatically moves the stop limit 20% upward each time the selected cryptocurrency moves 20% upward from the price it started at.
If you want to automatically sell the selected cryptocurrency once it goes down say 10% from the current price, you would set a regular stop loss limit. On the other hand, if you select the Trailing Stop Loss option, then once a 20% increase in the selected cryptocurrency price is registered, the stop loss limit will change upwards by 20%. It will never go downwards unless the user cancels the stop loss order.
For example, if you place a buy order at $1, set the stop loss limit at $0.80, select the Trailing Stop Loss option, and if the selected cryptocurrency moves up 20% to $1.20, then the stop loss limit will also move up 20% to $0.96 ($0.80 plus 20% of $0.80). Therefore, instead of automatically selling the selected cryptocurrency when its price moves down to $0.80 under the regular stop loss option, the cryptocurrency will automatically sell at $0.96 under the Trailing Stop Loss option. The Trailing Stop Loss feature will automatically take advantage of the cryptocurrency moving in your favor without you having to readjust the Stop Limit to benefit from the overall increase in the selected cryptocurrency’s price. Note: Trailing Stop Loss will work in Sats and not in $ value. Users must set their trade values based on prices in Sats (1 Sat is the lowest fraction of BTC).
Also, the stop loss order will be placed by the system at stop loss price less 2%.
For example, if the stop loss price in above example went up to $0.96, and if currency's price drops to $0.96, then the system will place the sell order at $0.9408 ($0.96 less 2% of $0.96). This is to cover your entire order in case there are not many buy orders available at the stop loss order price. However, your stop loss order will get executed at any/all buy order prices over and above $0.9408, starting from highest to lowest buy order prices. Trailing stop loss order will move 20% upward for each 20% increase in coin's price. So in above example if the coin's price went up by another 20%, from $1.20 to $1.40, then the stop loss price will increase again by 20% from $0.96 to $1.12 (20% to be calculated on coin's original buy price and original stop loss price entered while placing the order).
The stop-loss order specifies that a user wants to execute a trade for a given cryptocurrency, but only if a specified price level is reached during trading.
A stop-loss order is essentially an automatic trade order given by a user – only executed once the price of the cryptocurrency falls to the specified stop price stated in the investor's stop-loss order. Such orders are designed to limit an investor’s loss on a position.
Stop-loss sell orders: For example, let's say you hold 1 BTC, which you bought for $10,000. BTC is now trading for $11,000. You want to continue holding BTC so you can participate in any future price appreciation. However, you also don't want to lose all of the unrealized gains you have built up so far with the cryptocurrency, and you would want to sell out of your position if BTC fell to $10,500. Rather than watching the market seven days a week to make sure BTC is sold if the price drops, you can simply enter a stop-loss order to essentially monitor the price for you.
Based on the earlier example, you could input a stop-loss sell order to sell 1 BTCif its price falls to $10,500.
For stop-loss orders, CoinPulse Exchange normally looks at the prevailing market bid price (i.e. the highest price for which investors are willing to buy the cryptocurrency at a given point in time), and if the bid price reaches the specified stop-loss price, the order is executed and the cryptocurrency is sold. The bid price is used for stop-loss sell orders, because the bid price is the price a seller can receive presently in the market. In our example, a stop-loss order placed for 1 BTC at $10,500 would effectively limit your potential losses, and you still get to realize a profit of $10,500 - $10,000 = $500 should the price falls.
Stop-loss buy orders: Stop-loss orders can also be used to limit losses in short-sale positions. If you are short a given cryptocurrency, you can issue a stop-loss buy order at a specified price. This order will be executed only if the price rises high enough to reach the stop-loss price, triggering a buy order execution and closing out your short position. In these cases, the stop-loss order would be executed once the ask price level reaches the stop-loss price, since the ask price is the price at which a user is able to buy shares on the open market.
A stop-loss is triggered when the cryptocurrency falls to a certain price. It then becomes a market order. This market order executes at the next price available. A limit order trades at a certain price or better. This ensures you do not execute the trade at a lower price than anticipated. A stop-limit order combines the features of a stop-loss order and a limit order. When the cryptocurrency reaches a specific price target, it triggers the limit order and trades at that price or better.
Usually there is no wait time once you confirm your withdrawal. However, please allow up to one hour for us to process your withdrawal.
1. Make sure you double check and enter the correct wallet address before sending any coins or tokens from your CoinPulse account. This also goes for deposits.
2. Once you submit a withdrawal request from your CoinPulse account, you will then receive an email that will give you the option to confirm or cancel that withdrawal. You must click on "Confirm" for the withdrawal to successfully go through.
3. It will then open a confirmation link in your default browser. You need to make sure that you are logged in to your CoinPulse account in your default browser.
Withdrawals will not be successful if:
• If you do not confirm your email.
• if you confirmed email but are not logged into your CoinPulse account
• If you confirm email from another browser different from the one that you are logged into.
When using the CoinPulse (CPEX) token, trading fees are reduced by 70%. The amount is automatically calculated and then deducted from your CPEX balance. This discount is applicable on any trading pair and not just on CPEX trades.
Example: If you are trading in the ETH/BTC pair, you are required to pay 0.1 ETH (0.20%) as transaction fees if you paid the transaction fees in either ETH or BTC, but you will be required to pay only 0.03 ETH (conversion will take place at CPEX's market price) if you pay the transaction fees using CPEX tokens.
Conversion of trading fee from a given currency to CPEX:
CoinPulse charges trading fee in receiving currency. For ETH/BTC BUY transaction, ETH is the receiving currency. So, in this case we will calculate exchange ratio of ETH to CPEX at market price of CPEX/ETH trading pair. It will be calculated as under:
CPEX/ETH market price: 0.01 ETH (0.01 ETH = 1 CPEX)
ETH/BTC buying amount: 100 ETH
Fee if Discounted Trading Fee option is disabled: 100 x 0.20% = 0.20 ETH
Fee if Discounted trading fee option is enabled: 10 x 0.20% = 0.20 ETH x 70% Discount = 0.06 ETH (0.20 ETH x 30%). Now, 0.06 ETH / 0.01 (current market price in CPEX/ETH pair) = 6 CPEX.
So, user will pay 6 CPEX instead of 0.20 ETH!