Why DEEX Exchange Is The Future Of Trading
We have all been screaming about our love for Blockchain and Decentralisation, it is estimated that over 50,000,000 people are involved in blockchain and Cryptocurrencies and if you are to conduct a poll, you would discover that two things tend to draw people into Cryptocurrencies and Blockchain, they are DECENTRALISATION AND CRYPTOCURRENCY TRADING.
Ironically, there is only one kind of platform that exists where Crypto enthusiasts can enjoy the best of both worlds, a place that they can enjoy both aforementioned features at the same time and this is Decentralised Exchanges and so it is very easy to deduce that decentralised exchanges is the most loved kind of exchange, it is definitely preferred by the vast majority of users over Centralised Exchanges.
I know you might be doubting this considering the fact that the top 5 exchanges in the CoinMarketCap are all centralised exchanges but this is due to the fact that blockchain is quite new and decentralised exchanges are not perfected yet, they all seem to be facing the same reccurent problems, some of these problems are mentioned below;
THE PROBLEM WITH DECENTRALISED EXCHANGES
SCALABILITY: Most existing decentralised exchanges are built in the Ethereum Blockchain and while this seems to be the most popular blockchain to build d'Apps, it is also one of the worse when it comes to scalability, if not for any other reason, then the fact that it is built to handle just Fifteen Transactions Per Second (TPS), so in times of high usage when transactions exceed that fifteen transactions per second, some people are having to wait for hours and sometimes days to have their transactions confirmed on the blockchain, this is very bad for any blockchain and even worse for decentralised exchanges because trading is all about catching the highs and the lows in time and when traders cannot even achieve this, that is why they flock to centralised exchanges where they do not have to worry about delays in the execution of their transactions.
TRANSACTION FEES: I remember a time during late 2017/ Early 2018 when the users in the Ethereum blockchain suddenly spiked so much and transactions were exceeding the 15 Transactions per second, users were having to pay very high transaction fees to have their transactions confirmed on the blockchain, some were even reported to pay as high as $5 to have their transactions confirmed in the blockchain, this is not conducive to trading at all, imagine when you would make a profit if $2 in a trade but you have to pay a transaction fee worth over $5, no matter how smart your trading skills are, you would be bleeding lots of cash and nobody wants this especially those who trade to make profit.
HOW DEEX INTENDS TO SOLVE THIS PROBLEMS
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DEEX Exchange just didn't spring up half-cocked, it is a product of meticulous research by the team, they discovered that the blockchain that a decentralised exchange is built on determines how it would perform and that is why they chose a unique blockchain platform instead of going with the Ethereum blockchain like the rest.
DEEX Chose the BitShares Blockchain because it is known to be Secured and Fast, the blockchain has never been hacked in all of it's history and because this is where DEEX Exchange is built on, you never have to worry about sluggish executions if transactions or the security of your funds and to crown it all, the transaction fees in the DEEX Exchange is very mouth watering and very conducive to profit making.
CONCLUSION
I have tested the DEEX Exchange and I have given it my stamp of approval before sharing it and I think that a trial would convince you, visit https://www.deex.exchange to see the true definition of safe and seamless cryptocurrency trading today.
Exchange: https://www.deex.exchange
Telegram: https://t.me/deex_exchange
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My Details
Bitcointalk Username: Collinberg
Profile Link: https://bitcointalk.org/index.php?action=profile;u=1532780