DAEX - The world's most reliable clearing ecosystem
Introduction
The cryptocurrency market is increasing day to day and according to a report the cryptocurrency market has exceeded USD 280 billions. Present market has variety of cryptocurrency but among that cryptocurrency bitcoin has its major place which is about 50% of the market share. To maintain and manage these cryptocurrency trading, deposits and withdrawal there is required effective exchanges and they were developed so many of exchanges in a right way for trade crypto in the market and crypto trading is boosting of 10 millions dollars. To make more active trading in the crypto market there is need more efficient exchanges.
Present problems
Presently we have two types of cryptocurrency trading exchanges one is centralised and other one is distributed exchange.
If we talk about distributed exchange it is quite different from centralised exchange. Distributed exchange is based on distributed ledger technology, there is no any operation required to run this kind of technology because it is fully automated. With this technology tradings are automatically happen with traders on their own account.
Here traders are able to directly trade with each other. With distributed exchanges traders asset will be protected. Trading and maintenance costs is very low. Despite of all these advantages this also has some disadvantages such as flexibility, liquidity and speed.
Centralised exchange is totally opposite from distributed exchange. It requires people to maintain its operations and it can store traders deposits on its own storage which is may be unsafe. After that centralised exchange issue IOU to its users with that traders can be able trade effectively with each other, this centralised exchange is good for providing liquidity, flexibility and speed but it has security problems means storage system of this can be easily hacked.
About DAEX Ecosystem
DAEX is the first innovative platform which is integrating distributed ledger technology, wallet and centralized exchanges to give the best cryptocurrency trading platform for its users. Presently centralized exchanges are only providing trading services but here DAEX is going to adopt clearing service for clearing work. Clearing service is different from current centralized clearing service because it is based on distributed ledger technology which is do correctly and safely all trading works. With this users can use DAEX wallet to trade on exchanges. But firstly users need to match their trades after matching the trades it will be send to clearing service which is done by smart contract. Thus cryptocurrency trades will be serviced.
Benefits of DAEX ecosystem
With daex users can get quality of trading
It is highly secured, using blockchain technology so that users asset will be safe
By providing security and good environment for trading that building trust between traders and exchanges.
This platform is open for all exchanges to avail of its services such as clearing and wallet etc.
Exchanges
DAEX Token Introduction
Token name : DAX
Token type : ERC 20
Soft cap : 7000 ETH
Hard cap : 10,000 ETH
The public sale price : 1DAX = 0.07 USD
The public sale start on 9 September 2018 and end on 14 September 2018.
Token Allocation
Roadmap
To know more about DAEX kindly follow these links
Website :https://daex.io
ANN Thread :https://bitcointalk.org/index.php?topic=2910479.0
White paper :https://www.daex.io/daexPaper.do
Social media links
Facebook :https://www.facebook.com/daexblockchain/
Twitter :https://twitter.com/daexblockchain
Telegram :https://t.me/daexofficialgroup_en
LinkedIn : https://www.linkedin.com/company/daex-blockchain-group-limited
About author
Bitcointalk name : Balu1008
Bitcointalk link :https://bitcointalk.org/index.php?action=profile;u=1924676;sa=summary
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