EOSex Decentralized Exchange Provide an Efficient, Transparent and Secure Trading Platform based on Blockchain Technology
Hi guyz!! Here is a wonderful decentralized platform that will give the community best security
About EOSex Exchange
The EOSex project team registered the domain name www.EOSex.com way back in 2017 in anticipation of the coming explosive growth in the EOS ecosystem. Now, with EOS already off and running, the EOSex has also successfully gone live! The EOSex team members include solid professionals from across the fields of blockchain, finance, IT, and law, and are backed by well-respected heavyweight blockchain investors (such as Broad Harvest Capital) who have all come together to create a global exchange that is secure, self-governing, high-performance, and transparent. The exchange uses a mining system that has been specially designed to prevent the types of massive collapses that have already been seen on other exchanges. Plus, EOSex is truly community-based--a true DAC, where 100% of exchange profits are distributed back to all EXP (EOS Exchange Proof) token holders, and where all EXP token holders have a say in exchange policies, in voting for new listings, and participating in other exchange programs and promotions. EOSex is designed from the ground up to be a fair, open, and transparent exchange. In addition to the trading of cryptocurrencies, EOSex will also offer trading in CFDs, as well as on-chain
Blockcahin and Cryptocurrency
Blockchain technology and cryptocurrencies continues to be the topic of discussion on most financial and tech media. It is no secret that businesses, organizations and individuals keep adopting the use of these currencies to solve daily organizational and individual problems. A digital asset or cryptocurrency is a digital or virtual currency designed to work as a medium of exchange. Digital assets continue to gain momentum and people keep adopting the use of these virtual currencies to make payment and other online transactions. These digital assets could be utilized in several ways. You can choose to hold, invest, and trade these currencies in order to make gains in near future. A major aspect of digital asset that has experienced a tremendous growth over recent years is digital asset trading with the most popular digital assets like Bitcoin and Ethereum being sought after the most. Popular digital asset exchanges like binance, huobi, okex have witnessed massive growth in the space of some months due to increasing demand for digital asset exchanges. A digital asset exchange is an online platform where you can exchange one digital asset for another digital asset.
Also, Blockchain is truly a revolutionary technology that is gaining attention daily because of the solutions to problems that it brings. Blockchain provides a secure and fast means of carrying out transactions with the use of ledger technology which are super-fast and impossible to hack. Ever since the introduction of first generation of blockchain networks referred to as blockchain 1.0, this stellar technology has witnessed further developments with the ethereum, eos, dfinity networks all trying to provide solutions to the problems inherent in the earlier versions of blockchain network.
The current blockchian networks suffer from scalability issues which slow down the speed of transaction on this network. Transactions takes between couple of minutes to several days before getting approved due to network congestion sometimes. There is also the issue of cross-chain problems. The blockchain networks we have currently stand alone with no means of cross communicating with each other. It’s impossible to send transaction from bitcoin network to ethereum network and vice versa. Transaction per second on these current networks is also low compared with the current demand and generally they suffer from lack of total decentralization.
In order to proffer solutions to these pressing issues ravaging the existing blockchain networks, the EOSex team developed a brand new Decentralized Blockchain which solves these critical problems and helps the blockchain network to achieve full decentralization.
Introduction
EOSex is a blockchian based network which aims to achieve full decentralization of the blockchain network by bringing about full interoperability of all blockchain networks and improve on transaction speed while lowering the transaction approval speed to the bearest minimum. The network boast of transaction speed that is not comparable with any other network in the crypto space with over 50,000 transactions processes per second while the average approval time for transaction is just 3 seconds. The EOSex is also a digital asset sharing network on which developers and companies can build awesome dApps that connects them directly with their end users.
Now let’s look at the improvements that Eosex brings to blockchain technology.
Speed
Blockchain Interoperability
Realiability
Full Decentralization
The Problems Associated With Current Digital Asset Exchanges
Digital asset exchange is a platform where you trade one digital asset for another. You can buy and sell a digital asset for another, like Bitcoin or other altcoins for USD and Euro on a digital asset exchange. Delving into the world of digital asset trading is extremely intimidating and naturally complex and so a digital exchange is expected to furnish traders with vital information and tools that will help them to take informed decisions about their trades. But sadly, that’s not what we have in the market today. Almost all the current cryptocurrency exchanges only provide data on prices and volume to traders. While this information is important to any trader, they are definitely not enough to help any trader make the best of decisions concerning any trade. Cryptocurrency trading has moved beyond days when data on prices and volume were enough to make accurate trades. A trader needs an array of information ranging from transaction data, getting data and many more in order to make a profitable trade. Safety, efficiency and other incentives to encourage trading is also lacking in the current crypto asset exchanges that we have.
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EOSex is a state-of-the-heart, shared digital asset exchange platform that aims to provide an efficient, transparent and secure trading platform for all participants. It is quite obvious that the current cryptocurrency exchanges are not doing so much to help traders make the best of decisions when it comes to trading. That is why eosex came into existence to breach that and provide all the necessary tools needed by a crypto trader to make the best trading decisions. Eosex is also the first digital asset exchange platform that will provide “Holder Shared Funds”. With this, all users of the platform are rewarded for their trading activities on the platform. Another area in which eosex is trying to change the landscape in cryptocurrency trading is by providing users with solid cryptocurrencies to trade on with the introduction of a “1+1 currency listing model which abandons the traditional fee-based currency listing model. Eosex also abandons the centralized structure and instead introduced a decentralized mode of operation that gives all community members the right to take in decision making of major issues on the platform.
Eosex is trying to revolutionize digital asset trading in the following areas:
Trade mining
Dividend Sharing
Security
Easy-To-Use Trading Platform
Eosex is a mining digital asset exchange which aims to reward users of the platform for performing transactions on the platform. 50% of the total supply for eosex will be distributed to users for contributing to the activities on the platform through trading. This is an amazing feature of the eosex platform which sets it apart as the go-to digital asset exchange.
Dividend Sharing
Eosex is a shared digital asset exchange that share the revenues generated on the platform with all the users of the platform. Users earn dividends based on the number of tokens held and locked on the eosex platform. The higher the lock-up period, the higher the dividend earned.
Security
Quite a number of big exchanges have all been hacked in the last 12 months. Eosex is coming out with a platform that has been fortified with maximum security to protect traders and buyers funds on the platform. At eosex, security is first because they believe that the very first thing to look out for in a cryptocurrency exchange is how secured funds are on the platform. So necessary measures has been put in place to detect and protect the platform from phishing and other cyber-attacks. Some of the measures are DDoS protection, 2FA protection for login and withdrawals, multi-layer firewalls etc.
Easy-To-Use Trading Platform
Some of the current cryptocurrency trading platforms on the market are difficult to navigate. It is practically impossible for a novice to get on some of these exchanges to trade. Eosex provides a trading platform that is simple enough for anybody to understand and use. This exchange is also robust enough to cope with the demands of millions of traders all over the world with world class tools to help any trader make the best of trades. These tools range from professional charts, exportable trade and order history, multi sig wallet with 24/7 monitoring and many more all of which are geared towards providing the best experience for any trader that comes on the platform.
Platform Selection Channel: The platform selection channel requires applicants to lock up and hold a certain amount of Eosex which is referred to as “Investors protection fund” during the listing period. This is done specifically to protect investors in case the lister engages in some kind of fraud which causes major loss to investors. Investors will be refunded out of this investor protection fund.
Eosex holder recommendation channel: Under this arrangement, users can recommend a digital asset for listing if they hold a certain amount of Eosex. Once the recommended digital asset meet the platform requirement for listing, an invitation will be issued for the digital asset to be listed. EOSex is now in Partnership with Starteos, EOSBet & Everipedia
For more information
https://eosex.com/files/whitepaper_en.pdf
https://bitcointalk.org/index.php?topic=5052625
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