DEEX: A DECENTRALIZED CRYPTOCURRENCY EXCHANGE LIKE NO OTHER

in #deex5 years ago

With the increasing growth demand for cryptocurrencies over the years, one can say that cryptocurrencies has indeed acquired so much interest and has also expanded rapidly. During the beginning phases of the crypto-economic development, most people had preferred centralized exchange because it was able to provide easier accessibility, ease of usage and also the ability to offer advanced trading functionalities such as stop-loss, lending, margin trading etc; but overtime this centralized systems became vulnerable as it could not adequately mitigate against risk such as unfair competition, security threats, political factors, dangers of sanctions etc. in fact records shows that over 500 million of customer funds have been overtime stolen from this centralized exchange or platform. 

   With this anomalies bedevilling the fortunes and peculiarities of blockchain DEEX is all out to solve the problem by developing world’s first ever decentralized  exchange that can offer a better and a more functional benefits like the centralized exchange, without its been susceptible to permanent security threats and sanctions risk whatsoever. 


WHAT IS DEEX ECOSYSTEM ALL ABOUT? 

It is a uniquely modelled decentralized platform that offers individuals with not just convenient but also a very reliable way to quickly buy, sell or even trade cryptocurrencies with the aid of the most popular payment methods for all the fiat currencies within the user country. With this innovations over 10 cryptocurrencies would feature on the exchange including bitcoin and ethereum and also with other altcoins. The peculiarities of DEEX owns to the fact that a good number of DEEX developers are professionals with the requisite proven years of experience of successful works in the field of cryptography, finance and then economics.

   DEEX offers an inner structure that is a fully decentralized exchange despite having similar functionalities like the centralized exchanges. Although DEEX ecosystem is multitasking because it does not only deals with cryptocurrencies but also has a platform that comprises of series of uniquely modelled functional advantages like: 

*Hardware crypto *wallet feature

*Decentralized *crypto fund feature

*Deex crypto ATM feature

*Decentralized *messenger feature

*Cryptocurrency modelled debit card

*A unique platform for ICO 


MERITS OF THE DECENTRALIZED CRYPTO EXCHANGES 

While the centralized exchanges were hitherto the best of exchanges DEEX (a fully decentralized exchange) consolidates fully on existing peculiarities of centralized exchange and also offers solutions to all the limitations existing in centralized exchange DEEX exchange is different and better than centralized because 

(1) With decentralized exchange man decisions no longer have to be made by participant’s thereby providing and promoting equality of participants when trading directly with each other.

(2) DEEX offers a decentralized exchange in the cryptocurrency world in which all its participants can actually have equal opportunities and also rights to gainfully take part in the process of managing all exchange related activities and also at the same time be able to carry out operations of cryptocurrency exchanges within themselves; it also serves to facilitate the holding of money in a personal wallet unlike centralized exchange. 

(4) DEEX exchange provides the best and the most strongest level of data security and confidentiality, Bit shares, open ledger, Rudex. 


  (5) DEEX offers an all  accommodating exchange using it's high performance rate and very low transaction cost.        



 6. It uses delegated proof of stake consensus (Dpos) to offer a not just stable but also a very flexible protocol for authenticating networks block, the Dpos  can be described as that which is faster, reliable and also highly efficient in service delivery. with it right to vote  mechanism issues can be solved between stakeholders so that fairness & democratic tendencies can be fully established.           


 CONCLUSION.            


 DEEX is no doubt a decentralized exchange developed on the Bitshares 2.0 platform. The aim of the exchange is to mitigate against all problems bedeviling centralized exchanges, problems such as unfair competition, security threats, political factors, dangers of sanctions etc.tge the DEEX platform is a work in progress as it is on the verge of being continuously developed into a fully functional decentralized ecosystem.



For more information about DEEX project check links below



Website => http://deex.exchange/


Telegram chats: https://t.me/deex_exchange


Telegram: https://t.me/deexexchange


Telegram: https://t.me/deex_exchange_ru


Twitter: https://twitter.com/deex_exchange


Facebook: https://www.facebook.com/groups/deex.exchange


Facebook : https://www.facebook.com/deex.exchange/


Instagram: https://www.instagram.com/the_deex


Linkedin: https://www.linkedin.com/company/deex-exchange


Reddit: https://www.reddit.com/user/the_deex


Reddit: https://www.reddit.com/r/DEEX_Exchange/


Youtube: https://www.youtube.com/channel/UC5oYUk9QC4kbM5ZBpodOUcQ


Bitcointalk Thread: https://bitcointalk.org/index.php?topic=5049227.0


Bitcointalk User Profile => https://bitcointalk.org/index.php?action=profile;u=1266433


Bitcointalk Username => 

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