weiDex – Turn Your Wei Into Ethers ( Decentralized Exchange )
#WeiDex #IEO #TokenSale #startup #BountyCampaign #Investment#Cryptocurrency #Blockchain #Exchange #Crowdfunding
WeiDex is an exchange market that does not need to rely on third party services to maintain customer assets. Or trading occurs directly between users (peer to peer) through an automated process called smart contracts. WeiDex is a full featured decentralized exchange (DEX). This ensures the highest possible security, full transparency, and open source logic. The main idea behind decentralized exchange is the removal of third parties.
- Low Operating Costs.
- WeiDex is cost effective and minimizes wasted time.
- This platform is made in a blockchain network that is very fast and efficient.
- We will only be billed little or no so that you apply your own payment service.
Cross-Chain Transactions
- The team will create a large ecosystem where users can trade currencies in a decentralized way. Without third parties.
- The technology used to solve the problem with cross-chain trade is the exchange of atoms.
Some order fulfillment - set orders for a certain amount and smart contracts they will ensure to take as many transactions as needed to fulfill your request, while we are billed for only one transaction.
WeiDex Decentralized Crypto Trading Exchange Benefits
There are several reasons for choosing weiDex for traditional centralized exchanges, including security, transparency and availability. However, weiDex is still a better option when compared to the current decentralized exchange described below:
Interesting Reference System
Invite someone to start trading on weiDex and you get 20% of the trading costs directly in your wallet. There are several bonuses if you continue to invite a large number of people to join the exchange. Although it may seem like a general strategy, the bonus offered by WeiDex in referrals is far more profitable than what is available in similar products. In addition, bonuses are activated by smart contracts, which ensure fast rewards for clients.
Very Low Cost
Most crypto exchanges have built a bad reputation in charging too much commission and also require a lot of complicated procedures. Fortunately, weiDex is a direct decentralized exchange built on fast blockchain networks. It's also affordable and even allows users to pay as little as zero when they reach a certain volume. For example, if your daily crypto exchange volume has reached 1,000 ETH, you will not be charged for other trades for the remainder of the day.
Cross-Blockchain Transactions
Providing support for blockchain cross transactions is another great benefit of using weiDex. This feature is one of the most complicated problems currently in the field of blockchain technology. There are so many types of blockchain, with each one in a unique ecosystem.
Fortunately, weiDex can integrate these different blockchain in a safe, decentralized way and supports trading between separate blockchains. Although there are important solutions such as atomic exchange or side chains, weiDex offers innovative solutions that involve the use of smart contracts and weiDex tokens.
No Downtime
The worst thing that can happen to a trader is experiencing platform downtime due to system maintenance or other related problems. Traders need to know that they can rely on crypto exchanges to always be available online whenever they need to transact or trade quickly. The weDex platform is built on a distributed ledger, which minimizes failure points and ensures better availability without interruption.
WeiDex User Experience
User experience (UX) focuses on deep understanding of users, what they need, what they value, their abilities, and their limitations. UX is a developing field that is still widely defined. We create a successful user-centered design that includes the principles of human computer interaction (HCI) and we will provide the right needs of customers, without hassle or distraction. Next comes the simplicity and elegance that produce products that are fun to have, a pleasure to use.
Vision
They will make decentralized exchange widely used and the main method for transferring crypto assets. Their vision is to provide the best service to our clients, from the user interface and user experience to usability and performance. They will create a great and strong community with daring dreams like us. Their main task to achieve our dream is to develop decentralized technology for cross-chain transactions.
Problem statement
Cryptocurrency seems to be the latest technology trend that has a lot of investor focus recently. Cryptocurrency trading also comes with its own challenges and this challenge arises because of the nature of the market and the fact that it uses blockchain technology, a decentralized approach and platform.
Challenges in cryptocurrency exchange have become a major setback for industrial growth and this shows the reason why markets have not been adopted globally so far. Poor liquidity, poor market regulation, a long process of compliance and complicated integration are some of the challenges that interfere with cryptocurrency. Financial institutions and the banking sector benefit from these factors and the government plans to legalize digital currencies.
In addition, some of these exchanges are constrained by poor security and lack of investor protection enjoyed by a more regulated financial sector. There have been several dozen cryptocurrency thefts since 2011 and there are situations where many hacked exchanges must be closed. A large amount of bitcoin that will be worth more has been stolen while only a few have been restored.
WeiDex Innovation
WeiDex Security
They have many advantages over centralized exchanges. Most of them are about security, privacy, availability and transparency.
Roadmap
Main Trading Assets
WeiDex Token (WDX)
WeiDex Tokens (WDX) have several different uses:
- Users will have the opportunity to reduce their trading costs by 50%
- When new tokens are registered on weiDex, they can use WDX as a payment method.
- Users will be able to swap WDX between different blockchain such as ETH and NEO. In the road map, there is integration with Neo. Once this integration is done, users will be able to trade between these platforms using WDX.
- After the new token is listed, we will assign all WDX holders, proportional to the amount of WDX each user has.
Specification
- Name of Token - weiDex
- Token Symbol - WDX
- Inventory Amount - 50 000 000 WDX
- Token Type - ERC-20
- Decimal Token - 18
Distribution & Allocation
WeiDex's intention is to enable a broad base of community members to participate in Token Sales. WeiDex cannot guarantee that all potential buyers will be able to get the allocation they want during the Token Sales, where the maximum limit is around $ 15 million. The number of tokens sold during the Sales Token will come from the total pool sales of 30,000,000 WDX.
For sales of tokens that have successfully achieved the hard cap, the distribution of the intended tokens is as follows:
Team
Advisor
Conclusion WeiDex
The WeiDex project aims to demonstrate and give the world the full power of exchange and decentralized systems. We will write the correct path for all traders, blockchain fans and future generations. We dream of full transparency, high security, and peer to peer exchanges without unreliable third parties and high taxes. We will eliminate corruption and everything in the hands of the people. If you share our trust and you have similar dreams, you can support our project, join our group and take part in the WeiDex and Blockchain revolutions. For the brilliant features of our generation and the next generation.
For more information, kindly follow these links;
- Website: https://weidex.market
- Whitepaper: https://weidex.market/images/whitepaper.pdf
- ANN: https://bitcointalk.org/index.php?topic=4638484.0
- Facebook: https://www.facebook.com/WeiDex-163716047661387/
- Twitter: https://twitter.com/weidex2
- Telegram: https://t.me/joinchat/IvU-mxJSkHeHzcms-S1ZYQ
BTT : https://bitcointalk.org/index.php?action=profile;u=1723984
ETH : 0x5C96D81b6892a57DD662394D4becF9cDD5240428