Centralex AMA with Crypto Talkz

Centralex
15 min readJun 10, 2021

Princess Joy l CryptoTalkz ❤,

Welcome here both @TRCENTRALEX @Centralex_Africa :)

Thanks for bringing us CentraleX❤️

Before we start our first session can you introduce yourself to our community? @TRCENTRALEX @Centralex_Africa

Tristan 🙉🙈🙊,

Sure :)

Hi Everyone! My name is Tristan Roozendaal and I am the CEO of Centralex. I have been working in the IT sector over 15 years from building network infrastructures to complete datacentres. I joined the crypto world back in 2017 when I started building my own mining rigs which expanded to a medium size mining farm with over 150 mining rigs in Hong Kong. My goal is to take Centralex to the next level by introducing methods of mass adoption with ease of use in crypto transactions by using the Centralex Exchange.

Marin Centralex,

Hello, my name is Marin and I am part of the founding team and currently serve as the current Chief Strategic officer at Centralex. I am a well-experienced entrepreneur on multiple executive levels with a demonstrated history of working in the IT, e-commerce, and entertainment industries. I have been involved in the crypto space since the Ethereum genesis block in mid-2015 and continue to pursue this passion .

Princess Joy l CryptoTalkz ❤,

Sure thing,great start.. So, without making a delay…Let’s start our AMA with basic Introduction Segment :)

Tristan 🙉🙈🙊,

Okidokie :)

Princess Joy l CryptoTalkz ❤,

Q1. Can you briefly describe what is CentraleX ? We would like to know more about it and how it works.

Marin Centralex,

Centralex is founded in 2018 by the 3 core founders Tristan, Zhao, and myself. We met each other in the crypto mining community and this project has since then attracted very talented developers all over the world. The company has since then grown an incredible team to back the vision building a new age exchange.

Tristan 🙉🙈🙊,

The Company name was meant to inspire the idea of a central platform from which traders can meet and do all functions they might need, essentially a 1-stop shop bringing crypto to the mass and banking the unbanked.

Princess Joy l CryptoTalkz ❤,

Q2. What are your main features that distinguish you from other projects and what competitive advantages do you have?

Tristan 🙉🙈🙊,

Centralex offers a Super-Fast and Secure trade engine (500000+ transactions per second), the whole platform is highly Secured and encrypted wallet infrastructure that has assets partially insured. To make the exchange even more interesting, we have affordable trading fees and access to special offerings through the CenX Launchpad.

Princess Joy l CryptoTalkz ❤,

What is Custo-DeFi and why it’s needed?

Marin Centralex,

Custo-Defi, this is going to be one of our most defining products, with this product we will create the bridge on which the users will have access to all-in-one functions. The name says it already, Custodial DeFi.

How does this work?

You have Centralized exchanges who are a custodial service where you store all your assets and private keys. If you want to stake, governance or join any other DeFi solution you need to transfer your funds to a DeFi (Web3) wallet. When we talk about a DEX we know that you are 100% in control over your own wallets and funds and can-do P2P transactions.

Tristan 🙉🙈🙊,

We at Centralex put both CEX and DEX into one platform called Custo-DeFi solution. This allows you as a user to use the full custodial safety from a CEX but have the freedom of a DEX. This allows you to stake, governance, and participate in any other DeFi solution on the market including trading on UniSwap or any other decentralized exchange. This all thanks to our partner Fireblocks.com who is providing us Centralex the best wallet technology in the industry with their Multi sig MPC wallet technology and the best part of all is Centralex does NOT store your private keys on our servers.

Safety of a CEX but the freedom of a DEX

dimphx,

This is not our primary goal. Our goal is to achieve mass adoption of crypto market, to make it easy for everyone does not delve into the technical details.

Our aim is to provide many utility projects and portals in safe environment.

Princess Joy l CryptoTalkz ❤,

And this must be your goal 😁

Marin Centralex,

This is just a stepping stone

Princess Joy l CryptoTalkz ❤,

Noted 😊

Q3. How has the experience and background of your team been effective in the success of your project so far?

Marin Centralex,

We have a great team of diversified individuals spanning 3 continents, with skills and background in technology, business and marketing to name a few, in order to get this project to where it is today we have had to leverage all these skills and knowledge.

dimphx,

I could add also that every team member is unique and have that great experience and background that we have exposure to every aspect in crypto market and development environments.

Tristan 🙉🙈🙊,

For example, our two other partners are from the financial world and both holding an DBA and masters in finance, this helped completing the company formation and financial planning. Our whole team is super motivated and dedicated most of their lives in creating Centralex and building something special for all of you guys, no matter if you are a beginner or advanced traders everyone is welcome.

Princess Joy l CryptoTalkz ❤,

Q4. What are you looking most forward to doing in CentraleX?

Tristan 🙉🙈🙊,

We are looking forward to complete our 2021 roadmap by creating all kinds of DeFi but also CeFi solutions on our platform.

Marin Centralex,

https://centralex.medium.com/centralexs-roadmap-reflects-its-vision-to-be-a-one-stop-shop-for-all-things-crypto-1f5d41a96820

Tristan 🙉🙈🙊,

It will be hard work but definitely all worth the hard work and effort :)

Princess Joy l CryptoTalkz ❤,

Q5. Could you please provide some progress on your Roadmap and what results CentraleX has achieved so far? And any sneak peek into 2021 plans for CentraleX?

Tristan 🙉🙈🙊,

Centralex has build our first part in our Custo-DeFi solution by creating a super fast Spot exchange which will be live on the 15th of May with over 25 trading pair from day 1 with liquidity and market making. Since last last Friday Centralex is also officially regulated by the European union https://ariregister.rik.ee under the registration number: 14559308 . Our launchpad has been developed and is LIVE at this moment until the 15th of May and after that we will be onboarding new projects as incubator on our platform.

I almost forgot the sneak peak :P Centralex will develop many defi products on our platform but I think this is where Centralex will set itself aside of the big pack by merging real live banking with multi currency accounts direct on our exchange where the merge between cryptocurrency and traditional banking will be possible on our platform thanks to our NEObank partner Royal Pay which will be rolling out later this year

Princess Joy l CryptoTalkz ❤,

📌Here below are links for you to get the latest updates about CentraleX

Website: https://centralex.com

Telegram: https://t.me/centralexhk

Twitter: https://twitter.com/CentraleX_hk

Medium: https://centralex.medium.com/

Discord: https://discord.gg/NTDFdMh

Linktree: https://linktr.ee/Centralex

Facebook: https://www.facebook.com/centralex.exchange

Instagram: https://www.instagram.com/centralexhk/

LinkedIn: https://www.linkedin.com/company/centralexltd

Princess Joy l CryptoTalkz ❤,

Let’s move to our Second Segment — Twitter Questions @TRCENTRALEX @Centralex_Africa @phnxbr :)

Tristan 🙉🙈🙊,

great :D

Princess Joy l CryptoTalkz ❤,

First twitter question :)

Q1. Twitter ID: @frat_5647

Currently all projects are launching their own NFT programs, So I want to know if you have any thoughts on launching an NFT program And if you turn it on, what is its roadmap?

Marin Centralex,

Our roadmap is big but thanks to our super talented dev team we can reach all our goals. We also will follow future trends like NFT and NFT marketplaces. The market is changing super-fast and maybe next month you will see a trend of tokenisation of traditional stocks on the blockchain.

We have an NFT marketplace planned for Q3 to be more exact.

Princess Joy l CryptoTalkz ❤,

Q2. Twitter ID: @Muhammedd0734

One of the problems with wallets is that having so many assets from multiple chains makes them slow and cumbersome. How does solve this problem? What features does it have to make the management of multi-chain assets easy and fast?

dimphx,

We have Fireblocks workspace developed for that purpose to combine all UTXO and address based wallets.

The Total Sum will display summarized value of all your wallets.

User don’t need to remember all addresses keeping everything at a hand at the same time without necessity to keep private keys. Everything is already hardware protected.

The amount of wallets and the type doesn’t affect the throughput and performance

Tristan 🙉🙈🙊,

Please keep in mind that Centralex is not the wallet custodial. Our custodial super secured wallet solution is FireBlocks. They run, host and store our private keys using MultiSig MPC wallet technology and offers us a insurance on the assets. They are the Unicorn when it comes to institutional wallet solutions.

Princess Joy l CryptoTalkz ❤,

📌 Chat please give it a follow

👉 https://twitter.com/CentraleX_hk

Princess Joy l CryptoTalkz ❤, [11.05.21 18:48]

Q3. Twitter ID: @mandbnga5

Every project that wants to be successful requires a team that works harder with its competitors, as I see many projects that often break down in the middle of a disappointment, so can you recommend and How do the teamwork behind Centralex?

Tristan 🙉🙈🙊,

Centralex has a strong foundation of only senior developers who have the same passion and motivation to bring cryptocurrency to the mass. I know it sounds like a cliché but this is the reality at Centralex. We have a flat structured organisation with an open door policy where questions can be asked without feeling the pressure from me as an CEO. Our developers @phnxbr is working 7 day a week 16 to 18 hours per day because he loves what he does and does it all for you guys.

Our team is an international team, so this means that when some are resting the others are on full power, this means that we are always on top of most scenarios and that we able to take a step back and asses a scenario and only then act accordingly, this comes from years of experience in high pressure environments.

Princess Joy l CryptoTalkz ❤,

Chat please take time to read :)

Q4. Twitter ID: @Junaidk07720032

I believe that projects with a strong vision for the future will survive. What exactly is DeFi’s vision for the future of your project? How do you and your team prepare for it?

Marin Centralex,

There are loads of great projects out there in the market, and as opposed to trying to constantly innovate and run the rat race we want to become the go to gateway for the any person to use, this its not so much about our vision of what new products might or might not be, but rather how to make all these fantastic projects accessible to more people world wide and its for this exact reason we are rolling out a mass quantity of hi-tech remote onboarding terminals across Africa during 2021, literally bringing DeFi to the person who doesn’t even own a cell phone.

Tristan 🙉🙈🙊,

We are ready to leverage the power of side chains and DeFi exchanges to fulfill all future DeFi challenges.

Princess Joy l CryptoTalkz ❤,

Down to our last twitter question :)

Q5. Twitter ID: @kimterbear

I read that your presale is ending soon. So, what is your next step after presale? What future activities / projects shall we expect from you soon?

dimphx,

We are going to release our Staking and Governance portal and attend to issues that might occur after the exchange launch.

Marin Centralex,

The Spot exchange will be the 1st product launched directly after presale

Community Questions

Tu¢ng Xuan,

simplified and super-swift

how this is exactly working?

dimphx,

This looks like ordinary banking but based on the community and crypto environment

Dies Lienas,

At the end of the year Centralex will concepting features Centralex’s Crypto ATMs.

Would you tell a bit about the feature?

Marin Centralex,

These are the onboarding and trading terminals, this will allow almost anyone to onbaord into centralex, create an account, trade and even withdraw theirs assets if needed.

Carla,

You constantly mention the term Custo-Defi, but it’s the first time I have seen this term within the industry. Logically connecting the dots on the architecture of the project, I consider that they refer to Defi custodians, right? So, can you explain to us where this term comes from?

Tristan 🙉🙈🙊,

Custo-DeFi is a new concept created by our team. The name says it already, Custodial DeFi. How does this work? You have Centralized exchanges who are a custodial service where you store all your assets and private keys. If you want to stake, governance or join any other DeFi solution you need to transfer your funds to a DeFi (Web3) wallet. When we talk about a DEX we know that you are 100% in control over your own wallets and funds and are able to do P2P transactions. We are Centralex put both CEX and DEX into one platform called Custo-DeFi. This allows you as a user to use the full custodial safety from a CEX but have the freedom of a DEX. This allows you to stake, governance, and participate in any other DeFi solution on the market including trading on UniSwap or any other decentralized exchange. This all thanks to our partner Fireblocks.com who is providing us Centralex the best wallet technology in the industry with their Multi sig MPC wallet technology. Please keep in mind that we do NOT and I emphasize do NOT store any private keys on our servers.

The Curious 👀,

You talk about the creation of a public services portal, what will be the scope of this? What kind of services will we be able to pay for? What mechanism will you apply for this?

dimphx,

Those will be governance and staking portals and the next milestone is utility portals.

You will be able to pay for rent. Actually there are no restriction to the domain where it might be applicable.

We have many ideas @TRCENTRALEX

Arboleda Estefany,

How will you be in communication and take into account the opinions of your community?

Marin Centralex,

Multiple platforms that the community can reach the company, and our governance portal where the community will have a voice.

Van,

Centralex has suffered attacks from hackers and have they got out of them successfully, how have they improved their security in the face of possible new attacks, how will they compete and make it different from other DeFi projects in this very competitive industry?

Tristan 🙉🙈🙊,

We had 1 or 2 attempts but they were not successful… Even if they were able to hack our platform, thanks to our ingenuity our systems would reroute any hackers away from our systems into a honeypot environment. Please remembers, we do not store any private keys on our servers so there is nothing to get all funds will be safu.

Bilal2,

How did the idea of creating this project come about? What problem or deficiency was #CentraleX developed against in the blockchain space?

dimphx,

We make every effort to make blockchain technology useful not only for crypto fans and enthusiasts but use it to its full potential to become the real finance domain in the real world

Kevin Salom 📈,

📕 I read that Centralex is a registered project in Europe and I would like to know if your products are only available for this country? Do you have any kind of geographical limitation? What other countries can have access to you?

Marin Centralex,

Centralex is a global company, with the team spread over 3 continents ( and growing) and 10 countries, we hope to operate in all territories, APAC, EMEA and OCEANIA being the 1st on our list of priorities. We have offices in Hong Kong, Estonia, South Africa and the UK, and we can assist almost anyone as long as they are not in a sanctioned country . If you are unsure of your status, you can email our compliance team at compliance@centralex.io and they will confirm access.

Godpelpa,

Your project presents a very interesting and innovative platform in terms of DeFi and its derivatives, but what other weaknesses has the Centralex team detected in the crypto world that the developer team could solve in conjunction with its platform and the community?

dimphx,

I would mention very steep curve of understanding and adoption and security aspects for ordinary people who didn’t have any experience with cryptography at all. Hopefully, I’ve answered your question. As for tech challenges, this would be high transaction fee in the current ethereum network. We will be working on it too

Abdul Basith Crypto mallu,

Are you planning to promote your project in countries / regions where English is not good? Do you have a local community for them to better understand your project??

Marin Centralex,

We are working on setting up ambassador programs in every country , please feel free to apply yo program to help us with bringing the vision to more local people, if you would like to become an ambassador, send an email to hello@centralex.com ( Subject Line: Ambassador Applicant )

Messi,

Can you share what’s the Tokenomics & Utilities details of your token? Where can I possibly purchase it and what it’s current price? What do you think, am I too late now to buy?Do you have any contract address?What’s incentives you offer to holders?

Tristan 🙉🙈🙊,

For the tokenomics I would refer you to our our medium page where everything is clearly written down. https://centralex.medium.com/lattente-en-valait-la-peine-the-wait-was-worth-the-while-1416baccb396 …. Our pre-sale is live at the moment and the tokens are still for the grabs at a tokens price of $0.03 which can be bought at https://centralex.com and our pre-sale will end 15th of this month. You can see our contract here https://etherscan.io/token/0x504cde95dbc5d90d09b802f43b371971adbecf79 and the incentives to use CenX are as followed. CenX is a utility tokens used for trading discounts, we share the discounted trading fees with our stake holders, CenX will be used for people who want to participate in our future launchpad incubator program which will be announced soon.

Habibi,

Centralex Are you already working on a mobile application? When will it be available and on which operating systems will it be usable?

dimphx,

We are prepared to go mobile and working on the right components and UI which would be uniform and consistent across all our application.

As for OS, the application is OS agnostic

Nguyenkangacenganlicengsui,

Can you please tell us. Where can I buy your token and what is the current price? What incentives do you offer holders? And what about Tokenomics & Utilities from your token?

Marin Centralex,

Please visit www.centralex.com to participate in the token sale currently at $0.03/CenX . Our whitepapers and tokenomics are all on there.

♦•Zafiro•♦,

Centralex is a platform focused on the AMM system, my question is what advantages you have against your competitors and what differences them from other exchange platforms?

dimphx,

My understanding is that other projects aim to implement the business model in the scope of a narrow domain scope.

We rather aim to develop the ecosystem of consistent and useful application for everyone not even familiar with the conception of crypto market

✨✨🌈 NDee 🌈✨✨,

Hello sir 🙋,

How can you invite any crypto newbies to Centralex ?

Marin Centralex,

We have an incredible referral program! For the presale you can earn up to 10% of all the contributions made by you and your friends. Get it while its hot!

Carla,

To stand out from the competition and especially within such a competitive marketing industry, it is important to highlight the contribution they make to the community and the ecosystem as such. So, what are the strategies to intensify the adoption of cryptocurrencies by the unbanked?

dimphx,

To name a few, this would be UI experience, education, simple use cases starting from the launch of utility portals @TRCENTRALEX

Marie,

So many Rug Pulls and exit scam are happening now. How we can trust this project and believe you are not same like them?

Tristan 🙉🙈🙊,

Great question, unfortunately there are bad people in the world with bad intentions who are spoiling trust among project with real use cases and a solid foundation and strong backing. We at Centralex have been thinking and talking with multiple solutions and we found that TrustSwap is the golden ticket to lock ALL our liquidity tokens and team tokens. In this case we won’t be able to do any rugpulls and secure the investors investments by building trust in the community by showing how transparent we are, but this is also for our team tokens… All our team tokens will be locks by TrustSwap so that we can’t dump our tokens on the market.. Hope this answered your question

Princess Joy l CryptoTalkz ❤,

Its time for Wrapping Up, any last words you would like to say to our community? @phnxbr @TRCENTRALEX @Centralex_Africa

Tristan 🙉🙈🙊, [

We would like to thank everyone for taking your time by listening to our project.

If you want to learn more about our project and want to join our community, please join us in our Telegram group. https://t.me/centralexhk

Princess Joy l CryptoTalkz ❤,

It was pleasure having you guys @phnxbr @TRCENTRALEX @Centralex_Africa :)

Thank you so much for spending time with our community & all the very best for “Centralex” 🚀🚀.

You can ask more questions by joining Centralex Telegram Group👉 @centralexhk

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Disclaimer: The Content is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice. Nothing contained in this article constitutes a solicitation, recommendation, endorsement, or offer by any third-party service provider to buy or sell any securities or other financial instruments in this or in any other jurisdiction in which such solicitation or offer would be unlawful under the securities laws of such jurisdiction.

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Centralex

Centralex is a Hong Kong based international cryptocurrency exchange. With a global vision in mind and an international office footprint spanning two continents