WHAT YOU SHOULD KNOW ABOUT DEEX EXCHANGE

e4ourma (40)in #ico • 5 years ago (edited)

Cryptocurrency enthusiasts who trade cryptocurrencies have had several difficulties and discomforting experiences with the use of the currently existing exchanges. This is caused by insecurity of traders’ funds, no privacy, and some other factors. This factors are common with centralized exchanges as they are more prone to attacks than decentralized exchanges. Centralized exchanges do not take into consideration its users before they carry out some actions, while decentralized exchanges often treat their users as equals, they all have same control over their funds as well. Although most centralized exchanges have more experience and most times more volumes than decentralized exchanges, but most traders would rather make use of decentralized exchanges as they have controls over their funds as against centralized exchanges which often faces issues such as;

A. Easily prone to hacks and DDOS attack
B. Always in competition with similar exchanges
C. They are always being watched and under the scrutiny of regulatory bodies.
D. Requesting KYC from customers which goes against the anonymity feature of blockchain
A solution for these problems and vulnerabilities listed above has emerged with the ------DEEX PLATFORM

WHAT IS DEEX?

DEEX is a decentralized platform which is based upon the BITSHARES 2.0. DEEX platform is also a multipurpose platform as it is dedicated to inculcate positive changes to the trading of cryptocurrencies on exchanges using its powerful operational strategies. Cryptocurrency enthusiasts and ICO investors stand to gain a lot from Deex exchange as it offers them the following listed features.

FEATURES OF DEEX PLATFORM

Development of own crypto ATM’s agent network which supports bank cards and allows sale and purchase of cryptocurrency with fiat.
DEEX gives users API features which they can easily integrate and add to third party apps.
DEEX platform will allow easy conversion of digital currencies to fiat with the use of debit cards linked to users DEEX wallets.
DEEX offers its user’s transparency at its peak using its decentralized blockchain.
DEEX helps new companies entering the blockchain industry to perform their ICOs safely with decentralized escrow tool from descrow.org and without issues as it satisfies investors.
Both Newbies and Old traders will enjoy their system User interface because of its simplicity

THE ADVANTAGES OF USING DEEX EXCHANGE

DEEX exchange offers us a decentralized exchange
DEEX uses BITSHARES 2.0 which gives the exchange the speed needed to perform transactions with great speed. DEEX exchange runs at a speed of 100,000tps
DEEX charges its users low fees for transactions made on its exchange.
DEEX exchange makes use of DPOS CONSENSUS ALGORITHM. Deex uses this algorithm due to its flexibility and stability features. It is the best algorithm to use for a decentralized exchange.

HOW DOES DEEX EXCHANGE FUNCTION??

Below are the functions of Deex exchange. It shows what a user gets from using Deex exchange.
1• Deex provides escrow services using descrow.com
2• Easy trading of digital assets on DEEX decentralized exchange
3• Deex exchange offers a secure and transparent exchange which makes use of DPOS algorithm.
4• Payments can be made through unique mediums which helps to transfer money between various exchanges for fiat funds
5• DEEX allows users to create their own cryptocurrency and trade them on the DEEX exchange.
6• DEEX charges low transaction for their services on the exchange and offers secure wallets which enables users to send cryptocurrencies with low fees charged.

Web site: https://deex.exchange
Whitepaper : https://www.deex.com/docs/DEEX_wp-2.0_eng.pdf
ANN : https://bitcointalk.org/index.php?topic=2375913.0
Golos : https://golos.blog/@deexexchange
Reddit : https://www.reddit.com/user/the_deexTwitter: https://twitter.com/deex_exchange
Medium : https://medium.com/@deex_exchange
Youtube; https://www.youtube.com/channel/UC5oYUk9QC4kbM5ZBpodOUcQ
Steemit : https://steemit.com/@deex
Facebook : https://www.facebook.com/groups/deex.exchange
Telegram: https://t.me/deexexchange