DRK DEX; THE REAL DECENTRALIZED CRYPTOCURRENCY TRADING PLATFORM BASED ON DEFI SYSTEM AND BLOCKCHAIN NETWORK

uncommongabby (31)in #defi • 4 years ago (edited)

Looking at the way Decentralized Finance (DeFi) is taking over Crypto world now a days. It will be interesting to agreed that DeFi has finally become one of the best options for Crypto world. DeFi has come to transform the world's economy in a significant manner. Currently, the government of many countries all over the world are running a Centralized Financial system which makes use of Fiat currency issuance. This is used to take charge of the flow and supply of their national currency but it is regrettable that the method is not transparent enough for people to trust. In contrast to this, a Decentralized Financial system is made to operate in a highly democratic form since it allows investors to take charge of the management of the entire monetary system. Decentralized Finance also known as DeFi does not restrict its scope to any country . It is a worldwide decentralized financial system which includes some unique components such as: Digital Assets, Smart Contracts , Blockchain network and DApss

What does Defi do to DRK?

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DeFi is built to allows users to take a total control of their assets and this is the motive for making it a Decentralize system . This innovation is an aspect of financial system that is created with a mission to disrupting the traditional global financial system. DeFi is system that enables anyone to acquire, save , invest and trade using the blockchain technology and DApps in a more transparent way with no involvement of any third-party or intermediaries. The above assertion will be made possible with the advance innovation of the Draken Platform as Defi is being applied to an exchange platform called Draken.
Draken is a decentralize exchange platform that is willing to change the old and archaic method of trading in the Cryptocurrency world. This platform is created with three standard products which makes them to stands out among other exsiting Decentralized Finance (DeFi) platform . It is important to know that Draken.tech has renders a DEX services and it is also an entertainment platform . Through DRK DEX , cryptotraders can trade their cryptocurrency in a decentralized environment. At the same time on the DRK Gaming users can also get themselves entertained. It gives users access to play diverse types of Games and win unlimitedly. Playing games on Draken platform guaranteed users with a maximum transparency and high trust because those games are powered on blockchain Smart contract. It doesn't allow cheating of any kind and it allow users to instantly get their winning rewards.

DRAKEN as a Platform
The DRAKEN platform is known as an innovative blockchain technology platform that is tasked with the mission of bringing Sustainable Decentralized Financial System to the world of cryptocurrency trading.
This was built inform of group of digital banking system and company as it brings about the DRK decentralized platform. For avoidance of doubt, Draken Group has been in operation for a while specializing in Digital Banking system . The Groups make use of the blockchain technology to backup the financial system in order to boost the efficacy of their financial services.

Draken Products and Services
Draken renders a lot of products and services to it costumers and all the products make use of the decentralized system among these services are:
The DRAKEN BLOCKCHAIN : Draken has built an open and interactive blockchain platform which will enable users to interact with the DRK platform through the Dapps that is based on the DRK channel. The major aim of the platform is to provide an efficiency, easy, fast and secured transactions. The Draken platform moving and it will grow to become one of the World best blockchain powered finanicial system.
STAKING PLATFORM : Like it was revealed earlier, Draken is based on DeFi system and it aims towards transforming the traditional system which is a centralized global financial system . With this innovation, users are allowed to stake token and earn interest based on quantity of their staked tokens. Draken provides all in one decentralized investment platform that enable its users to acquire, save, invest and trade cryptocurrency using blockchain and DApps in a trustable way without the involving any third-party or intermediaries.
The DRAKEN DEX : Another great service rendered by Draken is that its provides the most secured and trusted Decentralized crypto exchange that allow trading of different types of crypto assets and this DeFi token can be purchased and traded. We all know Decentralized Exchange also known as (DEX) is the future of Cryptocurrency Exchanges).
The DRAKEN GAME : Users can play different types of Games and win endlessly.Games on Draken platform is quite transparent because they are powered on blockchain Smart contract. There is no room for cheating . Users instantly get their winning rewards on their respective wallet. You dont have to wait forever to receive your rewards . It is a gaming platform that is free from human manipulation because its powered and governed by Blockchain smart contracts. Winning are paid directly by the smart contracts to the users wallet.

Conclusion
In conclusion, Draken is said to be a complete Decentralized Financial (DeFi) ecosystem that aimed to transform the existing and non transparent global financial system . I will like to let you know that this platform will enable customers to enjoy cheaper, efficient, faster and more transparent financial services. I'm saying that because I know it is filled with a group of visionary team who teamed up to developed a decentralized Exchange that will cater for the needs of the world traders. More over, the Decentralized nature of the DRK Dex will enable users to enjoy absolute privacy and security. Since there will be no need for users to register on the platform before making use of it. There many self acclaimed DEXes who claimed to provide decentralized crypto trading services but are just semi-decentralized I.e, they are not fully decentralized. Before trading on any of those exchanges, the users will have to transfer funds from their own wallet to the exchanges trading wallets before they could trade. For Example, IDEX, FORKDELTA and many of them. What actually happened is that they are not decentralized exchanges as they claimed because users will still need to move their funds into another wallets which is not safe for them. But as a good exchange platform, Draken DEX stands out to be the real dex by offering a complete decentralized exchange services where trading is conducted based on one wallet to another.

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