DEEX - Decentralized Exchange Explained
There has been exponential growth with the introduction of cryptocurrencies over the years. Though, there has some uncertainty around the longevity or survival of the blockchain at the very beginning, however, the cryptocurrency boom in 2017 attracted some economic development of crypto and also many prospective trader/investor. Centralized cryptocurrency exchanges were the most preferred due to the high markets demand such as liquidity and scalability, they offered advanced trading features such as margin trading, stop-loss, loans and many more.
However, these centralized crytocurrency exchanges all have a point of failure which has affected the blockchain and cryptocurrency space negatively, the single point vault system has led to soo many cyber attacks leading to loss of funds of thousands to millions of dollars worth in crptocurrencies with many never recovered till date (The amount of fund stolen from centralized trading customers is close to $500 million), they poses unfair competitions, they face danger of sanctions by the government, Political hurdles and soo many others
DEEX is the first decentralized financial ecosystem based on the bitshare 2.0 (Graphene) platform, which exhibits the functionalities that are close to centralized exchanges but without the normal and chronic points of failure. It allows customers to exercise full control over their funds due to the Bitshares 2.0 (Graphene) blockchain, an extremely fast and reliable platform that does not contain a single hacking record since inception.
It is a convenient platform for individuals to quickly trade, buy or sell cryptocurrencies using the fiat currencies available in their country, DEEX provides trading for a dozen different cryptocurrencies like Bitcoin, Ethereum and many other Altcoins.
Technically, Bitshares 2.0 is a high tech decentralized blockchain platform that enables the creation of intelligent and highly efficient financial contracts that are used in the global internet space to provide services for all businesses. Some of its key benefits is the 100,000 transactions per second, cryptocurrency trading with a stable price, dynamic account authorizations, scheduling and recurring payments, and many more.
Bellow are the advantages of DEEX
• convenient GUI,
• compatible with most modern browsers;
• desktop application for trading;
• mobile apps for Android and IOs;
• detailed and constantly updated documentation;
• 24-hour technical support;
• a large number of trading pairs;
• the ability to recover lost passwords;
• two-factor authentication;
• low commission fees;
• a high rate for the referral program;
• a wide range of trade indicators;
• trading robots;
• merchant;
• debit crypto cards;
• a network of crypto ATMs;
• high liquidity;
• own hardware crypto wallet for cold storage of cryptocurrencies and tokens.
In the future DEEX would introduce the following financial instruments:
DEEX.CORE is a mutually beneficial and low-risk investment on DEEX exchange. It is a basic token which gives an opportunity to receive income from the exchange's activities through direct or indirect participation.
DEEX.ICO is an ICO token which allows receiving income from the ICO without having to examine the details of each individual innovation project. By purchasing this token, you can receive revenue from all conducted ICOs on DEEX ICOs; ICO is planned to be based on the solution of the decentralized escrow DESCROW.ORG
DEEX.FUND is a cryptocurrency blockchain fund which allows to invest in different types of funds within the DEEX, depending on the level of the investor's attitude to risk. Managed by DEEX fund traders with an extensive trading experience since 2004.
In conclusion, a lot of cryptocurrency traders and investors are now gearing up to return to trading and investing due to decentralized exchanges that gives them power over their funds as against the centralizes exchanges which has an ugly reputation of history of fraud/cyber attacks as they feel unsafe to entrust their assets to centralized exchanges. Deex exchange would be the right answer to all these.
Visit the links below for more information
http://deex.exchange
Telegram chats: https://t.me/deex_exchange https://t.me/deexexchange, https://t.me/deex_exchange_ru
Twitter: https://twitter.com/deex_exchange
Facebook: https://www.facebook.com/groups/deex.exchange https://www.facebook.com/deex.exchange
Instagram: https://www.instagram.com/the_deex
Linkedin: https://www.linkedin.com/company/deex-exchange
Reddit: https://www.reddit.com/user/the_deex https://www.reddit.com/r/DEEX_Exchange
Youtube: https://www.youtube.com/channel/UC5oYUk9QC4kbM5ZBpodOUcQ