First Deflexchange Exchange

in #deflexchange5 years ago

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Introducing Deflexchange

Now, in the technological age, it is sometimes difficult to track newly released products or services. Because every day something new and unique appears all over the world, which has an advantage relative to its predecessor. I would not say that this is a bad thing, because the world is abundant in all its manifestations and, as you can see, in terms of new technology, it also has no limits.

However, now the world pays special attention to modern blockchain technology and all the elements that follow. Moreover, every day we know you with new options for implementing them in certain areas of our lives. At the same time, many of these ideas only appear to improve or change existing tools qualitatively.
This is a tool that I want to convey to you today, because all the tools are intended to perform high-quality and safe operations. In this article I will give you some information about Deflexchange. This will be good information for cryptocurrency traders. Ok, this is the information ... !!!

Deflexchange will be the first deflation trading platform that will allow users to burn costs while trading their favorite assets. With this unique feature, users will not only burn costs but also reduce the supply of traded currencies and increase value. Our philosophy is to fight currency inflation and restore true value.
For most currencies, the inflation rate, i.e. devaluation of the currency, has declined over the years. But unfortunately this is a loss, because so far, many currencies have been created and supply continues to increase. This in turn leads to loss of community and then total loss.
The easiest way to beat inflation is to balance the incoming supply. This can be achieved, for example, by burning.

Burn while trading ...? yes, this is what Deflexchange wants to do. With Deflexchange, users are not faced with new constraints and obligations, but are generally modified and upgraded for users.

Problems

Poor Technical Architecture
Without the right infrastructure, Exchange will not exist for a long time. Today, many exchanges use cloud services or third parties that can offer them the computing power they need and can provide them immediately. However, this creates a problem because dependence on these service providers and third parties is increasing.

Solution offered by Deflexchange:
Deflex will set its own server locations around the world in certain regions so that it not only has control over its own network and thus ensures the prudence and security needed for users, but also to be more decentralized. This means that Deflex is central and decentralized. Because the location of the server is unknown, setup issues cannot arise and each user can use Deflex without problems and restrictions.

KYC Revolution
This is a real problem that threatens the decentralization and anonymity of cryptocurrency. Cryptocurrency was created to change and revolutionize the current monetary situation. The KYC process is required by the authorities and exchanges often have to request this from their users due to international law.
On the one hand, exchanges can meet certain regulatory requirements and enter into various partnerships, and users can also feel safer because KYC increases account security.
On the other hand, this increases the influence of the authorities on exchanges and fewer users dare to come to exchanges that require KYC.

Solution offered by Deflexchange:
Anonymity Deflex and decentralized infrastructure not only guarantees security of assets and other data, but also immunity against individual authority. Deflex will not require KYC from its users and will also defend cryptocurrency freedom and anonymity in trading.

Customer Service
By far the biggest complaint that users have with existing cryptocurrency exchanges is poor customer support. The problems are many and include long withdrawal times, login problems, support tickets that are not answered, and documentation that does not exist. When dealing with such large amounts of funds, users need a professional customer support experience to receive the support they need.

Solution offered by Deflexchange:
At Deflex, one of the top priorities is a pleasant user experience, and one of the biggest enhancements to the user experience that will take place in the current cryptocurrency exchange is customer support.

Lack of Transparency
From a user's perspective, it is difficult to know what is happening behind the scenes exchange. Many exchanges keep secrets of their income because they want to hide it from "competitors". Many are kept secret. Also for what costs are used.

Solution offered by Deflexchange:
They want to change it with Deflex. Exchange reaches its peak only through its own community. That's why users need to be able to know what the company is doing in the background and what ownership is currently in and therefore the public will be able to see all the latest data about the Status Deflex Platform. This includes the current balance of fees collected.

Feature Deflexchange

Deflationary Exchange
Part of the fees collected on Deflex are collected in certain wallets. Each currency that is represented on Deflex has its own pre-burning wallet on which the currencies to be burned are stored. On a specific day of the month, the pre-burn wallets will get opened and all of the currencies collected on them will then get sent to the burn-addresses. All transactions, pre-burn Wallets and Burn Wallets will be visible on a status page on Deflexchange.

Decentrality of Exchange
Due to the different server locations and the increasing number of locations, Deflexchange will be cross-country and semi-decentralized and therefore available worldwide. This also frees users from KYC.

Deflex Status Platform (DS-Platform)
With the Deflex Status Platform (DS-Platform) you can view all internal company wallet balances and activities. The DS platform will also show latest news, statistics, such as server status and exchange performance, and much more.

Matching Machine
The deflex machine is able to maintain 900,000 orders per second. This value will be at the beginning. Over time they will continue to improve the engine. They hope to reach the level of 1,700,000 orders per second.

Coin
Deflex will support trading pairs in the following coins:

BTC
DEF (Deflex Coin)
USDT (Tether)
TRX (Tron)

More trading pairs will be added from time to time.
They will ask the community if they want more trading pairs and which. Voting will take place in their exchanges namely Deflexchange in the poll section. Deflex will also support the ERC20 Token trade and the TRC20 Token trade.

Revenue Model
Deflex's revenue will come from the following sources:

Exchange Fee: Deflex initially will charge a 0.1% fixed fee per trade. Other variations will be subsequently introduced, including maker-taker, volumed based tiring and 0 fee promotions. We have no plan to charge above 0.1%.
Withdrawal Fee: Deflex may charge a small fee for withdrawals.
Listing Fee: Deflex will select innovative coins and other assets to be listed on the exchange, there may be a fee associated with those listings.

15% of the fees collected, are added to the Burn Pool.

Deflex Coin (DEF)

They will issue tokens called Deflex. A strict limit of 91,000,000 DEF will be made, never increased. DEF will run natively on the Ethereum blockchain as an ERC-20 token.
DEF is also one of the deflationary cryptocurrency, because DEF supply is not increasing and the burning day that we are aiming for, which also involves burning DEF.

Allocation
60% (54,600,000) DEF of the supply will be available for Initial Coin Offering (ICO)
35% (31,850,000) will be used for DEF Company Funds
5% (4,550,000) DEF will be available to the Founding Team
DEF Value
Fees
You can use DEF to pay for any fees on our platform, including but not limited to:
Exchange fees
Withdraw fees
Listing fees
Any other fee
When you use DEF to pay for fees, you will receive a fixed discount of 25%.

Staking
The DEF Token allows holders to claim a share of fees generated by the exchange and payment service. With that, Token holders who stake the DEF Token benefit directly from the success of the exchange services. To qualify for staking, you need a minimum of 2,000 DEF tokens in your wallet on Deflexchange.

ICO
The ICO will be done in ETH.
Unsold tokens will be burned after the ICO.
ICO Schedule
All times below are Universal Time Coordinated (UTC):
15/02/2020: Deflex release of whitepaper and announce the ICO Plan.
20/03/2020: ICO starts.
10/04/2020: ICO finishes, or whenever the coins are sold out.

Funds Usage
65% of the funds will be used to build Deflexchange and infrastructure, which includes team recruiting, training, legal support, administrative expenses and the development budget.
25% will be used for Deflex branding and marketing, including continuous promotion and education of Deflex and Blockchain innovations in industry mediums. A sufficient budget for various advertisement activities, to help Deflex become popular among investors, and to attract active users to the platform.
10% will be kept in reserve to cope with any emergency or unexpected situation that might come up.

Road Map
August 2019: Concept Creation & Development
The international team began working on the platform.
December 2019: Whitepaper release & Website release
January 2020: MVP Release, ICO planning & preparations started
Our MVP will be available on our website
March 2020: Launch of the Initial Coin Offering
May 2020: Launch of Deflex Beta
Beta testing will be open to the public, Deposit and withdrawal open, Trading begins.
Q2 2020: Launch of Deflex 1.0
Expansion of the Server Network

Thus the information that I can convey to all of you, especially for cryptocurrency traders. lest you miss this big project, join and contribute to it, and create the next generation of exchanges with Deflexchange.

For More Information:

Website : http://www.deflexchange.com/
Whitepaper :https://drive.google.com/file/d/1m2JDtqHLpmUHfy795EWBQu7VYIoACnTJ/view?usp=sharing
Twitter : https://twitter.com/deflexchange
Telegram : https://t.me/officialdeflex
GitHub : https://github.com/deflexchange
Reddit : https://reddit.com/r/deflexchange
Discord : https://discord.gg/QUyd4Ph
Ann Thread : https://bitcointalk.org/index.php?topic=5227059
Author:
Bitcointalk username — Sakabato
Profile Link : https://bitcointalk.org/index.php?action=profile;u=2665558
ETHEREUM ADDRESS — 0x66D54Da8D3bE790B3e0165D80c5ec434df2dB1Bc