Cloverdex - Hybrid Decentralised Exchange
The inception of Bitcoin has brought a revolution in the history of mankind. It is considered as the future of financial transactions. Bitcoin's core technology blockchain has immutible, incorruptible and unhackable property. Which provides faster, safer and low cost transactions on the internet. Thus it allows to perform transactions without country restrictions. Bitcoin has disrupted the today's financial ecosystem.
Problem
Despite the huge boom of cryptocurrencies around the world, still they have fundamental challenges which needs to be addressed immediately to make crypto mainstream adoption.
The challenges include:
• high entry barriers for buying, selling and exchanging of crypto, potentially hinders the growth;
• presently there is no fully developed platforms on the blockchain technology to provide seamless service for cryptocurrency operations;
• present crypto exchanges have complex user interface and has all the advanced tools only for pro traders, not for novice investors;
• today's crypto exchanges are very much vulnerable to hacking attacks, crypto assets are not safe on the exchanges;
• most of the people around the world needs to be educated about blockchain and crypto technology but today's crypto exchanges only focus on earning money rather than helping to make mass adoption of cryptocurrency;
• low liquidity is the main problem which many exchanges are facing today, because of this people face difficulties in trading, delay in order execution etc;
• exchanges are not fully transparent about charging hidden trading fee which lacks the trust;
All these problems need to be solved for overall developement and mainstream adoption of blockchain and crypto currency.
About the project
The main aim of the Cloverdex project is to create a single platform which can offer all types of seamless crypto operations. It has user-friendly interface and advanced trading tools for novice and pro traders. Thus crypto users can make seamless interaction with the platform and perform their operations conveniently. In order to achieve this the developers of Cloverdex integrated three key elements which are:
• a crypto trading platform;
• secured multi crypto wallet;
• and a crypto debit card;
Firstly, the crypto trading platform allow users to trade efficiently, securely and conveniently with multifaceted advanced tools. Also the platform provides crypto educational tools for novice traders.
Secondly, it provides highly secured crypto wallet which can store multiple cryptocurrencies at a single place. One wallet for all.
Lastly, the platform provides a crypto debit card, which allow users to spend their cryptocurrencies seamlessly for making daily purchases. It is worth noting that you can use this debit card like a normal debit card and can be accepted anywhere around the world.
Along with this the Cloverdex team is committed to provide solution to above mentioned problems.
Advantages
The Cloverdex platform is bridging the gap between traditional payment system and cryptocurrency. This helps to make mass adoption of cryptocurrencies in our daily activities. Thus every person around the world can use this piece of revolutionary technology the cryptocurrency, everyday. The Cloverdex crypto wallet is a multifaceted advanced wallet, where users can store different cryptocurrencies securely at a single place.
The project team has given highest attention to the security of digital assets. They have implemented multi signature and 2FA systems on platform operations. The crypto debit card is integrated with fiat EFTPOS system which allows to use it like a normal debit card for day-to-day operations. In order to make cryptocurrency accessible for everyone in everyday life the project developers intend to integrate their platform with popular Google pay and Apple pay wallets.
It is worth noting point that the Cloverdex platform is fully approved by Australian regulators and follows all the guidelines of Australian Security and Investment Commission (ASIC). The project team has experienced professionals from software, financial, security, cooperate, marketing, sales and blockchain sector. This ensure the true success of the project.
ICO details and timelines
• Token ticker: CLDX
• Token platform: ERC20
• Token supply: 100 million
• Tokens available for sale: 80 million
• Token price: $0.2143
• Hardcap: 15 million USD
Token distribution
Conclusion
There is no doubt that the Cloverdex platform will play an important role in making mass adoption of cryptocurrency. The best part is it provides simple and user-friendly interface, educational tools which helps novice traders to gain knowledge about cryptocurrency market. It has all the advanced tools with which pro traders can execute their trade orders efficiently. It is worth to note that the Cloverdex platform is ASIC regulatory approved, which increases the trust. In future the project developers intend to integrate their system with traditional Google pay and Apple pay which makes it very easy to use crypto in daily life payments. The team is highly capable to drive the project to success. This project needs much public attention and I wish all the best for this project.
Learn more about Cloverdex:
Website: https://cloverdex.io
Read Whitepaper: https://cloverdex.io/wp-content/uploads/2018/12/WhitepaperFinalV1.2.pdf
ANN thread: https://bitcointalk.org/index.php?topic=5091120.0
Telegram: https://t.me/cloverdex_community
Facebook: https://www.facebook.com/officialcloverdex/
Twitter: https://twitter.com/cloverdex
Medium: https://medium.com/cloverdex
LinkedIn: http://www.linkedin.com/company/cloverdex/
Reddit: https://www.reddit.com/user/cloverdex/
YouTube: https://www.youtube.com/channel/UCe9UeqDBTXgpr7IOV08NY1g
About Author:
Bitcointalk username: Abhijeetcg
Bounty0x: abhijeetcg
Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=1676105;sa=summary
ETH address: 0x96e95a1F40cf5a50178053740ADE18046815362d
