WeiDex: Decentralized Trading Solutions

panji.millenium (5)in #ico • 6 years ago

WeiDex: Decentralized Trading Solutions

The cryptocurrency market continues to flourish, since it was first introduced about ten years ago. However, despite all that enthusiasm, the Crypto exchange platform still has various problems. Many platforms are incompatible with the idea of decentralized financial systems: they still practice systems that indirectly function as third parties (Central Authority). The main idea of decentralized exchange is the removal of third parties and no personal data such as e-mail, names or identification numbers that must be collected. All data is held by a smart contract. Therefore, only users who have access to control their assets, so that the occurrence of errors becomes impossible.

Challenges in the cryptocurrency exchange platform have become a major setback for industrial growth and this shows the reason why the system has not been adopted globally so far. Poor liquidity, poor market regulation, a long process and complicated integration are some of the other challenges that interfere with cryptocurrency.

WeiDex is a crypto exchange platform that is decentralized and has full features. WeiDex is expected to solve these problems. Weide is a fully functional cordless remote control (DEX). This guarantees the greatest security, full transparency and optimal source logic. WeiDex will be a secure escrow platform that allows users to make transactions safely. WeiDex's business model aims to enable users to buy, sell, or exchange cryptocurrency easily without intermediaries.

The main idea behind enterprised is the conclusion of the third party

Low operating costs
weiDex is inexpensive and minimizes waste.
The platform is built in a very fast and efficient blockchain network.
You will only be charged a small amount or no amount, which will provide you with your own payment service.

WeiDex stated that the platform will have the advantages of two types of exchange platforms at once, centralized exchange and decentralized exchange. However, centralized exchange is known for being easy to use, easily accessible and transparent. And as a decentralized exchange, WeiDex also has advantages compared to other decentralized exchanges, including:

Referral System Program: WeiDex is the first exchange platform that offers a profit of 20% of the trading costs made by referral users. The more users you invite, the more referral bonuses you will receive.
Low Cost: WeiDex is developed in a blockchain network that is very fast and efficient. This will make transactions on the platform effective and efficient.
Multiple Order Fulfillment: Users can set the order amount and the smart contract platform will ensure to take as many transactions as needed to fulfill the request, while the user is only charged for one transaction.
Airdrop: Airdrop program will be done once a month. The maximum number of tokens that can be received reaches 250 WDX for the first 20,000 users who meet trading volume requirements for airdrop.
Cross-Chain Transactions: This is the most advanced technology among cryptocurrency exchange platforms. Through Cross-Chain Transactions, WeiDex will unite various types of blockchain (like: Ethereum and Neo) on the same platform.

WeiDex will issue cryptocurrency tokens (symbol: WDX). WDX Tokens have a special approach as the power of the platform ecosystem. By using WDX Token, users can get transaction fees at a 50% discount rate. WDX's unique feature is that users will be able to exchange WDX on different blockchain threads, for example: ETH and NEO.

To solve problems that exist in crypto systems, WeiDex uses atom exchange. Atomic exchange is also referred to as cross-chain trade or swap and is a direct exchange from one digital currency to another digital currency that does not require a third party or intermediary for the transfer process. In computer programs, atoms are integrated actions that cannot be changed, cannot be reduced, cannot be shared and are whole. This means that the agreement is canceled or terminated both parties will get their coins back.

Why Weidex is better than other popular centralized crypto exchanges?

Crypto trading is turning into a good investment method. The value of crypto assets such as Bitcoin and Ether continues to increase and many new crypto coins appear. All of these coins and tokens are valuable crypto assets, which are traded via crypto exchange. Although these crypto assets are generated and used by decentralized platforms, there are still some centralized exchanges used to exchange them.

This platform is specifically designed to support the benefits of decentralized crypto exchange for crypto investors worldwide. Cryptocurrency investors have waited a long time for exchanges that can provide full transparency in trading. People need P2P crypto exchanges where they can avoid broker type entities and trade directly with other traders. Weidex will enable P2P trading on its stock exchange, which will revolutionize cryptocurrency exchange on this date. This will be consumers who regain power and receive the maximum share of profitable exchanges.

Things that make Weidex a lucrative crypto-change:

The first and most important feature that makes Weidex very lucrative is its decentralized nature. You get complete transparency, security and availability of crypto assets during trading. Other things that make it so lucrative are the following:

Extremely cost-effective trade:

Centralized crypto exchanges cost a lot when a user attempts to trade their crypto assets. It frustrates the users and reduces their interest in the crypto business. Weidex charges very low fees for its services. The transactions will take place quickly and the user will enjoy fast trading service.

Cross-block chain transactions:

Weidex enables cross-blockchain transactions across different types of blockchain with different ecosystems. The developers have found a way to unify various blockchains decentrally and securely to support the trade. Aside from other solutions, Weidex has developed an innovative way to support cross-blockchain transactions using Smart Contract and its native tokens.

Incentives for recommendations:

You can get the Weidex tokens for free by inviting new merchants to join this platform. You receive 20% of all trades your invited traders make on this platform.

Always active:

System maintenance and other issues cause downtime, which leaves dealers with a great opportunity to trade their assets. Weidex claims that there will be no downtime at all and that this platform will be active around the clock throughout the year.

Final thoughts:

Weidex has made several lucrative claims. It has a technology that supports its claims and can therefore offer what the founders have claimed. Therefore, it can be a lucrative platform to make an investment.