ByteDex OTC Platform Ecosystem

block.chain22 (7)in #bytedex • 3 years ago

ByteDex acts as an escrow service while also documenting the trade on the blockchain. Money is transmitted first in OTC transactions, followed by a crypto-asset exchange. In this case, ByteDex verifies and records that whether money has been placed in the required quantity. The owner of the crypto asset delivers the buyer the required quantity of crypto assets. This is documented on the blockchain. When the transaction is completed, ByteDex sends the seller the deposited crypto-asset fee. The transaction is executed out safely in this fashion, and both parties may verify the authenticity of the transaction by looking at the transaction record just on the blockchain.

Brokers on the ByteDex

ByteDex Brokers allows those who specialize in crypto-asset buying to give brokerage services to people who are new to the crypto asset market.

Users will be able to gain more from the crypto-asset market as a result of the expertise and understanding of excellent brokers. Users can use the mutual negotiating technique to pick amongst the brokers listed on ByteDex, or traders who currently provide broker services could start serving their clients on ByteDex. Brokers are not permitted to transfer money to other accounts under any circumstances. At the end of each transaction, the brokers' profit rates are immediately paid to the exchange wallets somewhere at rate they accord with the user.

Byte Wallet (ByteW) is a form of DEX wallet that is based on the decentralized wallet idea of the Stellar ecosystem. ByteW does not store crypto assets; instead, it shows your details and crypto-assets contained in the ByteDex blockchain and enabling you to conduct blockchain transactions using ByteW in conjunction with the ByteDex exchange. Because the wallet does not hold any crypto assets, it is impossible to hack or steal them.

Fiat Money and Payments

You will be able to retrieve fiat money from several credit and debit cards to your wallets via ByteDex Exchange's three distinct payment terminals. ByteDex customers will get Visa and Maestro-enabled cards, allowing them to withdraw cash assets from the ByteDex Exchange and utilize them in Turkey.

What exactly is a BYTEDEX token?

The BYTEDEX Coin is the ByteDex ecosystem's primary transaction and payment unit. The BYTEDEX Token is the Bytedex Exchange's official trading unit. The BYTEDEX Token was created in collaboration with Tron Network.

BYTEDEX Coin's Usefulness

• BYTEDEX will be used for all payments within the exchange, including commissions, staking incentives, and any other transactions.

• BYTEDEX will develop a trading pair that will include all of the main Crypto assets.

• ByteDex Exchange will provide you amazing benefits and discounts if you own BYTEDEX Token.

• Staking BYTEDEX Tokens allows stakers to receive a portion of the exchange's net profit in BYTEDEX Tokens.

• According to the staking amount and time, up to 50% of the exchange's net profits would be paid to Stakers.

• ByteDex is the name of the Tokonomics token.

• Token Ticker: BYTEDEX Network: TRC-10 Token Ticker: BYTEDEX

• 1 billion units are available in total.

• Special 100,000,000 BYTEDEX are available for purchase at a pre-sale price of 0.01 USDT.

• Prior to sale, 1 BYTEDEX equals 0.02 USDT; total supply is 200,000,000; pre-sale price is 0.02 USDT.

• 1 BYTEDEX = 0.03 USD ICO Price - Total Supply: 200,000,000 USD

What is the procedure for purchasing ByteDex tokens?

Create an account at ByteDex.io to have access to your ICO user panel. Choose one of the payment options from the drop-down menu. Pay attention to the directions. Wire transfer is the only method of accepting fiat payments.

Conclusion:

Byte Exchange was established in the form of a hybrid exchange. Third parties are totally barred from participating in bitcoin trading on Byte Exchange. It is possible to safeguard cryptocurrency assets with ByteW's non-custodial wallet, which is capable of transacting on three distinct blockchain networks around the same time.

Furthermore, Byte Exchange not only delivers super-fast transactions and easy liquidity to its customers, but it also includes tools including the Stake, token launcher, as well as Broker panel to further enhance their experience.

For More Information Click Links Bellow:

Website: https://bytedex.io

Website: https://bytedex.io
Facebook: https://www.facebook.com/ByteDecentralizedExchange
Twitter: https://twitter.com/ByteExchange
Telegram: https://t.me/ByteDexGlobal
Medium: https://bytedex.medium.com
Linkedin: https://www.linkedin.com/company/bytedex
Youtube: https://youtube.com/channel/UCw8wl0SXHhLI0xn0JPWFMtw
Reddit: https://www.reddit.com/user/ByteDex
Whitepaper: https://bytedex.io/wp-content/uploads/2021/06/bytedex_EN-2.pdf