COINWARE EXCHANGE

A MARKETPLACE FOR CRYPTOCURRENCIES

Table of Contents

1. INTRODUCTION..........................................................................................................3

1.1 Digital Economy and Cryptocurrency......................................................................3

1.2 Cryptocurrency Market.............................................................................................4

1.3 Cryptocurrency Exchange........................................................................................5

2. COINWARE EXCHANGE AND MISSION.................................................................5

2.1 MISSION..................................................................................................................5

2.2 COINWARE EXCHANGE FEATURES................................................................6

2.2.1 User Experience.................................................................................................6

2.2.2 Matching engine................................................................................................6

2.2.3 Multiple Currency Pairs.....................................................................................7

2.2.5 Security..............................................................................................................7

2.2.6 Customer Services.............................................................................................8

2.2.7 Multilingual Support..........................................................................................8

2.2.8 Liquidity............................................................................................................8

2.2.9 Device................................................................................................................9

2.2.10 COINWARE Pocket............................................................................................9

3 REVENUE MODEL.......................................................................................................9

3.2. REWARD..............................................................................................................11

3.3 FIAT PAYMENT SYSTEM..................................................................................12

4. TOKEN ECONOMICS................................................................................................12

4.1 Coinware Token (CWT).........................................................................................13

4.2 REPURCHASING AND BURNING.....................................................................14

5 EDUCATIONAL SERVICES.......................................................................................16

6 RISK..............................................................................................................................16

7 DOCUMENT DISCLAIMER.......................................................................................17

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1. INTRODUCTION

1.1 Digital Economy and Cryptocurrency

A digital world we are now, every activity at first in traditional market such as buying

and selling of goods and payments of services are now into digital (online). There is a

rapid growth in the Digital Economy and nobody can stop it from growing.

Researches on Digital Economy shows that, there was massive growth in 2012, the

works of the Digital Economy was over $4 trillion (USD) for only G20 countries.

Experts in Economy has predicted that, by 2020 the Digital Economy will contribute

greatly to the Gross Domestic Product (GGDP) of most countries in the world. This fact

has been established due to the immense daily usage of digital goods and services across

the globe. Digital currencies have been adopted by a lot of people in exchange for goods

and services.

The currency involved in Digital Economy is CRYPTOCURRENCY.

Cryptocurrency is a digital money used to exchange between individuals on agreement

upon (on) values. Cryptocurrency is far different from fiat and it is decentralized.

Cryptocurrency is based on blockchain technology.

The supply of cryptocurrency is capped means it is supplied at a specific amount unlike

the fiat currency. Cryptocurrency is not controlled by one-person, central bank or

government or any third party in its process. One can send and receive cryptocurrency

without control or involvement of a third party. Cryptocurrency can be sent or received

at any time and everywhere without wasting time to visit the bank or acquiring formal

permission from any third party. Cryptocurrency transactions are stored on blockchain

network, irreversible, secured and no third party can cancel or block by any means. Also,

the transactions are open source to users to know when they send or receive on

blockchain ledger. The value of it price is determined by demand and supply. The value

rise when the demand is high. Using cryptocurrency is very easy as it involves no

control. As it is without any governmental or central bank control, it makes difficult for

users to exchange cryptocurrency to fiat with banks, also many fall victims to scanners

which has created fear dealing as many find uneasy to exchange early at the exact price.

This is the very reason COINWARE is created to be an open place for cryptocurrency

services. Secure and fair in dealing with both crypto and fiat currency. COINWARE will

partner with financial services in legal operation.

1.2 Cryptocurrency Market

The fact that the cryptocurrency market cap hitting $2 trillion in 2018, tells the bright

future of cryptocurrency. Though the cryptocurrency market is small as compared to the

global forex market which daily trading volume exceed $5 trillion (USD) there is

expectation that the cryptocurrency market will be similar or over take the volume of the

forex market by 2020.

Since 2009, that cryptocurrency started it has taken a root and reached a scale where its

wonders could not be ignored by the government and others. Very soon, more countries

will take and legalize the use of cryptocurrencies. As more countries come in for the use

of cryptocurrencies, the cryptocurrency market and community will experience a greater

growth. Also, as the use of blockchain technology and smart contact make it process

easier, there will be a greater swap away from traditional market to cryptocurrency

market. Though, the cryptocurrency market is experiencing great growth there has been

a major problem which COINWARE is created to solve interns of easy exchange of

crypto-to-fiat currency and crypto-education in Asia and Africa. Currently Africa market

lack the very knowledge of the advantage on the use of cryptocurrency and blockchain.

Same as the market of Asia and others. To our understanding integration of fiat payment

system in cryptocurrency and crypto-education will create large market in

cryptocurrency.

1.3 Cryptocurrency Exchange

Cryptocurrency Exchange is a place for conducting crypto-trading. To trade or barter is

exchange market. Either fiat or cryptocurrency, one’s activity requires exchange.

Simply, exchange means to replace with a similar item.

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There are two main types of cryptocurrency exchanges. Where one trade, buy and sell

cryptocurrency. First type is an exchange that fiat currencies are allow to be traded for

cryptocurrency (fiat exchange) and the second type is an exchange that cryptocurrencies

are allow to be traded with each other (cryptocurrency exchange).

The fact that Digital Economy is rapidly growing, more exchange with tokens will come

to increase the size and scale of the cryptocurrency market. However, as a consumer, it

is your choice to which exchange to trade that make burden free interns of exchanging

your cryptocurrency to fiat which will end at the exact market price. Also, security,

customer service, liquidity and user experience of the exchange. As COINWARE

partnering and legal operation with financial services will create easy access in dealing

with both crypto and-fiat currency. Furthermore, good and expert team that provide high

security, good customer service, fair and friendly user experience and a team that are

able to manage liquidity in cryptocurrency.

In this first edition of the whitepaper is purposely to present both COINWARE project

and token.

2. COINWARE EXCHANGE AND MISSION

COINWARE is a group of individuals who are expert in cryptocurrency and trading that

believe in legal operations and partnership with financial services to make burden free in

exchange of crypto-to-fiat currency.

2.1 MISSION

Effective and transparent trading of users or traders is our priority.

Our mission is to be the vanguard exchange, affect every area of the world with

cryptocurrency and to contribute greatly to the development of the crypto-community's

security.

We will develop fair and friendly cryptocurrency trading platform for both experienced

and inexperienced users that fiat payment system will be integrated. This will reduce

burden on users interns of exchanging cryptocurrency to fiat. Also, will provide crypto

education through seminars and conferences to widen the crypto-community mostly in

Asia and Africa countries and others.

We will also develop secure and highly protected wallet (COINWARE Pocket) of

blockchain technology that users can store any cryptocurrency in the market which will

be connected to COINWARE Exchange or can be linked to any trading platform or

exchange.

2.2 COINWARE EXCHANGE FEATURES

COINWARE team are experts in cryptocurrency and trading, which will assist new users

to cryptocurrency and offer unique crypto services and security which are explained in

the below:

2.2.1 User Experience

Team like COINWARE which are expert in cryptocurrency trading have notice quite a

few problems with the user experience on trading platform. COINWARE has been

planned to develop a perfect and friendly trading platform which will offer signals for

both inexperienced and experienced to make a single click trade.

2.2.2 Matching engine

Currently the exchanges provide services to traders in very low which capacity is up to

3million transactions at 5 to 8 seconds of processing speed. We believe that even 2

seconds delay on trade create havoc.

COINWARE trading platform will be designed to hold large volume of trade as will

built on advance architectural. The trade engine will work as fast as light and will has a

capability and capacity to hold up to 14million+ transactions per second of processing

speed.

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2.2.3 Multiple Currency Pairs

COINWARE exchange will offer unique pairing set for cryptocurrencies with CWT,

BTC, ETH and others. Also, will offer unique pairs of cryptocurrencies with fiat on the

platform that makes us truly dedicated platform for the integration of fiat payment to the

exchange.

Primary pairs of crypto-to-fiat currency will be Asia to Africa currencies and others

currencies will be included.

The cryptocurrencies pairs will be all the cryptocurrencies in the market.

Example: The trading pairs "ETH/BTC", user can buy Ethereum with Bitcoin or can sell

Ethereum for Bitcoin.

The crypto-to-fiat pairs will be where BTC, ETH and CWT pairs with Dollar, Euro,

Pound, Peso, and Asia to Africa currencies.

Trading pair denote two types of currencies either cryptocurrencies or crypto-to-fiat

pairs on COINWARE platform.

2.2.5 Security

The security of customers or users is our priority. As the most down fall of exchanges

are hacking and data theft, COINWARE will be built on high standards of security. The

team has expertise in terms of protecting users accounts, eliminating fears and building

financial security system.

The security system of COINWARE will work on a state-of-the-art digital infrastructure.

It will have multi-cluster system architecture that will maps on a multi-tier platform

which will provide high-end security to every transaction on the exchange. On

COINWARE the trade-cycle will be designed with end-to-end security measures.

Users will stay safe with the below levels of security verification:

secure login

reCAPTCHA

Up to 3FA (Factor Authentication)

Link to verified email with code

Every data on the platform will be in database level and API level.

Furthermore, the users crypto-balance are safely kept in coldwallet.

2.2.6 Customer Services

For an exchange to ensure smooth running, the thought of traders must be considered

and treated as important as their large money is at stake. Every trader desire good

customer care and seamless UI.

COINWARE desk will be available 24/7 to support traders, making clarity and provide

answers to all questions.

2.2.7 Multilingual Support

COINWARE will support English, Indonesia, Chinese, Russia, Spanish and French.

Other languages will be added.

2.2.8 Liquidity

Due to lack of liquidity in the crypto markets, it becomes difficult for traders and users

to exit at the right price. Though the exchange growth use has acted as a catalyst in

increasing the overall liquidity, however this kind of an increase in trades is yet to

translate into the desired results. The traders face a lot of difficulties when a low

orderbook results in high slippage while trading.

It is only a team with thorough finance and crypto-industry expertise like COINWARE

EXCHANGE, who can manage market volatility. Our extensive experience in the crypto

industry backed by our network of partners help us to provide and ensure seamless user

experience on the platform.

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2.2.9 Device

COINWARE will provide platform for:

Web based

Android

IOS

Window (PC)

There will be more device addition to the above.

2.2.10 COINWARE Pocket

The COINWARE pocket or wallet stores your public and private keys and interface with

various blockchain so our users can monitor their balance, send money and conduct

operations. When a person sends you any digital type of currency, they are essentially

signing off ownership of the coins to your wallets address. To be able to spend those

coins and unlock the funds, the private key stored in your wallet must match the public

address the currency is assigned to. The transaction is signified merely by a transaction

record on the blockchain and a change in balance in your COINWARE WALLET OR

POCKET.

3 REVENUE MODEL

COINWARE will have many options to generate revenue from the business.

SOURCE DESCRIPTION

Exchange Fee The initial charge will be 0.08% fee per trade. Other variations

will be subsequently introduced. There will be no option to

increase the initial charge fee per trade.

Withdrawal

Fee

There will be competitive withdrawal fees.

Listing Fee COINWARE will select innovative coins and assets to be

listed on the exchange and there may be fee associated with

those listings which will be in CWT.

Margin Fee If you trade on margin, there may be a fee or interest on the

borrowed amount.

Other Fees There will be other fees the platform may collect for various

services such automated algorithmic order and others.

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3.2. REWARD

COINWARE combines the revenue from commissions earn on trading to reward CWT

holders on the platform in the form of 50% discount on using CWT.

CWT is utility which act as a method of payment for trading fee and others. Any trader

using CWT as a method of payment of trading fee will get 50% discount compare to the

original trading charges.

Reward calculation:

Fixed exchange fee 0.08%

Discount 50% of 0.08%, making 0.04% charge on trading fee when using CWT as a

method of payment of trading fee.

Suppose trader need $10,000BTC

Rate: $10,000

Fixed trading fee: $8 (0.08%)

Discount 50%: $4 (0.04%)

After 50% discount of trading fee $4 the trader will pay in CWT.

3.3 FIAT PAYMENT SYSTEM

COINWARE team partnership with banks and payment providers which will create

easiness integration of fiat payment system to our exchange.

COINWARE will have legal connections with it financial services in which the fiat

service will be directly integrated with the exchange permitting users a seamless

experience when handling their accounts or when buying or selling cryptocurrency.

Users will connect their bank accounts with trading accounts to exchange their

cryptocurrency to fiat with not stress.

4. TOKEN ECONOMICS

COINWARE is raising funds to launch COINWARE exchange platform

and COINWARE pocket or wallet through these tokens.

Exchange platform that will support both cryptocurrencies and fiat.

COINWARE Pocket that users can store all cryptocurrency safely which

can be connected to any exchange.

The name of the token is Coinware token (CWT).

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4.1 Coinware Token (CWT)

The Coinware tokens are utility tokens based on Ethereum Blockchain by COINWARE

Exchange.

COINWARE

TOKENTotal Supply 260,000,000 tokens

Token Price $0.1 (USD)

Token Type ERC20

How to Buy BTC and ETH

The token will be transferred to the user's or investor's account immediately after every

successful sale on each stage.

The soft cap sum of 40,000,000 tokens and the hard cap, 5 times the soft cap. Airdrop

and bounty bonus and referral bonus are included in the total generated tokens. The

unsold tokens after, reaching the hard cap will be burned.

The value of CWT

CWT can be used to pay any fees on COINWARE platform including:

Exchange fees

Listing fees

Other fees

Except withdrawal fees which will base on the currency the user is withdrawing.

4.2 REPURCHASING AND BURNING

Every quarter, COINWARE will use 50% of the profit the exchange will generate to buy

back CWT and burn them until 90% of the total generated tokens are out of the market.

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4.3 Token Distribution

4.4 Fund Allocation

BONUS

ADVISORS AND PARTNERS

TEAM

ICO PARTICIPANTS

TOKEN DISTRIBUTION5%, BONUS

%10, PARTNERSADVISORS AND

%15, TEAM

70%, PARTICIPANTS

ICO

LEGAL SUPPORTRESERVEDADMINISTRATIONMARKETINGDEVELOPMENT

FUND ALLOCATION%10

LEGAL SUPPORT

%30RESERVED

%15ADMINISTRATION

%15MARKETING

30%DEVELOPMENT

30% of the funds will be used for the development of COINWARE ecosystem

(trading platform and the pocket) which includes team recruiting and training.

15% funds will be used for marketing and branding COINWARE including

social marketing promotion, education, cryptocurrency and blockchain.

30% funds will be kept in reserve to cope with unexpected situations.

10% of the funds will be used for the legal support.

15% of the funds will be given to founders, partners and advisors for good work

done.

5 EDUCATIONAL SERVICES

The main source of COINWARE's educational service will be seminars and conferences.

We will actively participate and organize seminars and conferences for our international

community. We will set cryptocurrency and blockchain evangelism team (which will

involve multilingual) to spread the good news of the use of cryptocurrency and

blockchain. Also, will visit and sponsor major events in the name of promoting

cryptocurrency. This will help to bring more investors and traders to COINWARE

EXCHANGE.

The evangelism will in the form of publishing and distribution of brochures which will

contain the advantage of cryptocurrency market and blockchain, speech of Bitcoin and

blockchain professionals, about trading and testimonies on Bitcoin to Asia and Africa

countries, and other countries.

6 RISK

There are many risks involved in the operation of cryptocurrency trading or exchange.

Team of COINWARE understand this and have skills and experience in trading,

cryptocurrency and Blockchain technology to overcome them such as security, fair and

friendly trading, good customer service, legal and easy access of fiat payment system in

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cryptocurrency exchange many traders need. We believe and the potential investors also

know that in cryptocurrency, the success is based on market dynamics. Furthermore,

since the cryptocurrency market is new as compared to traditional market there is huge

volatility with both price and volumes. Though we may do our best to obtain legal

permit from the financial services in operation by integrating fiat payment system with

the exchange, as there is no transparency on laws and regulations relating to the use and

trade of cryptocurrencies, hence any unfavorable regulations can impact our activities.

7 DOCUMENT DISCLAIMER

The purpose of document is to present COINWARE project and the above CWT only.

There should not be redistribution of this without further written permit of the

COINWARE team or this document and information contained herein may not be sent

or addressed wholly or in part directly or indirectly to any person in countries restricted

to partake in ICO or tokens.

Nothing in this whitepaper shall be deemed to offer a document of any sort of a

solicitation for investment or not in any way to offer any securities in any jurisdiction.

The project plan was considered carefully before preparing this document. COINWARE

makes no representatives and give no warranties or guarantees of whatever nature in

respect of this document including but not limited to the completeness of any

information, facts or opinions contained therein. The founders, advisors, partners,

directors, employees and agents of COINWARE and itself cannot be held liable for the

use of and reliance of anything in this document.