AsiaDex- A Hybrid Centralized Exchange!

Foundation

Centralized exchanges presented a lot of advantages when they debuted. Centralized exchanges required the Bio Data of customers such as their Identity Cards, Utility Bills for the purpose of Know your customer verification and Trust. Since centralized exchanges present a central authority, customers were expected to trust the exchange authorities to keep their assets safe and secure. The disadvantages in this regard were that customers might experience loss if there is a breach in the exchange’s security architecture. Again, laggy transactions can occur due to the exchange’s functioning system. Decentralized exchanges on the other hand did not require the long protocol’s centralized exchanges presented. It presented a plug and play system where order books were already ready waiting to be filled. Anonymity was also highly supported in Decentralized exchanges and individuals who did not want to expose their entire cryptocurrency net worth felt safe in the Decentralized exchange’s architecture. However, it is the full responsibility of the wallet owner to protect his or her mnemonic phrase or private keys. Now, AsiaDex have noticed the similarities between these classes of exchanges, separating their strengths from their weaknesses and would be implementing all their strengths to create a new exchange that would be beneficial to not only Asians but the entire human race at large. ?

A Review of AsiaDex

AsiaDex is a hybrid Decentralized exchange platform that presents a high performance order book with automated marker making. AsiaDex would cleverly merge the best features of a centralized exchange in a decentralized environment with the functionality of a traditional centralized exchange platform. This would make a life a whole lot easier for participants in this category while bolstering the security of customer’s digital assets. AsiaDex would also have its own native token which would be used to for utility purposes such as fee payment and also for investment and speculative purposes for investors who would like to make profit in the long run.

Airdrop and Presale Events

The core team would be carrying out Airdrop and Presale actions to help secure early adopters of this indigenous token. For the airdrop event, an individual can claim $20 worth of SDX tokens. The core team aims to reach a wider audience of cryptocurrency enthusiasts through this give away actions. You can also refer a friend(s) in the process to gain additional tokens and benefits. As for the Presale Event, The core team of this indigenous exchange would be carrying out an Initial Liquidity Offering for fund raising from the public to finance the project. To be part of this start-up decentralized exchange platform situated in South East Asia. You can purchase any of the classifications below. To participate in the presale, hit of the link below:

?Buy 100 SDX: 0.01 BNB

?Buy 1000 SDX: 0.10 BNB

?Buy 10000 SDX: 1.00 BNB

?Buy 100000 SDX: 10.00 BNB

? Listing Price: 1 SDX = $1.00

? SDX Token will be listed 12/12 2022 @ 12:12 PM UTC @ ASIADex, Pancakeswap, MEXCGlobal, Gate.io

?Our Presale Decentralized App:?Here

??Claim 20 SDX Token Airdrop:?Here

SDX Token

As an investor in this space the question what is SDX token would definitely pop your mind. SDX Is the native Cryptocurrency Token of the ASIADex ecosystem. The token has the dual nature of being a utility token and hyper-deflationary Tokenomics. The core team in this regard, uses 30% of the trading fees and profits acquired to buy back and burn SDX in the open market while the remaining 50% are added back to the pool as liquidity. The remainder 20% are used for marketing and operating expenses. AsiaDex also has a Non Fungible Token (NFT) Marketplace where SDX token would serve as the native token. The NFT marketplace would support Asian artist, Content Creators and online celebrities.

AsiaDex Centralized and Decentralized Exchange Listings.

AsiaDex token SDX would be listing in prominent exchanges such as PancakeSwap, Mexc Global and Gate.io. These are tier 1 centralized and decentralized exchange in my opinion. Gate.io for example has a 10 rating in Coinmarketcap. The respective dates when the SDX token would be listing in the exchanges are also illustrated below. Feel free to contact the Telegram administrators below if any clarification is needed.

Roadmap

The core team of this excellent project have spelt out the roadmap of their project. The Roadmap shows the near and distant plans of the AsiaDex project! As an investor, you can familiarize yourself with the activities below. Also feel free to reach out to the core team if any clarification is needed.

ASIADex (SDX) Tokenomics

Token: ASIADex

Symbol: SDX

Decimals: 18

Network: Binance Smart Chain?

Maximum Supply: 30 Million Tokens

Address: 0x5974a1175536a186017f0ab207Fb67A3ba0098Ea

Whitepaper - Will be published on 10/11/2022

Demo App - Will be available for viewing in 10/12/2022

Conclusion

AsiaDex is doing something phenomenal. They are merging the features of centralized exchanges with that of decentralized exchanges; fused with a high performance order book together with an automated marker making. This would make trading a whole lot easier. AsiaDex would also be launching their own NFT marketplace which would sell Asian artists, Content Creators and online celebrities’ digital products. The currency of transaction would be SDX tokens, AsiaDex’s native token. The fact that the core team would be burning the SDX tokens at subsequent intervals would increase the value of the token in the market since scarcity would be achieved. The maximum supply of 30 million tokens is also applauding of the core team since a limited supply would encourage a healthy token price.

Important Links

Website:?https://asiadex.network

Twitter:?https://twitter.com/ASIADex_Network

Telegram Channel:?https://t.me/ASIADexTG

Telegram Group:?https://t.me/ASIADexCommunity

Author's Information

Bitcointalk Username: Daveprofile

Profile Link: https://bitcointalk.org/index.php?action=profile;u=1872475;sa=summary