WEIDEX DECENTRALIZED EXCHANGE
OVERVIEW
Invention of blockchain technology paves way for the rise of lots of digital assets or simply put cryptocurrency, Bitcoin and other altcoins. Massive disruptions of notable industrial sectors by blockchain innovation and massive adoption of these digital currencies especially by the crypto-follower has been the order of the day. Since then we have witness the entrance of many cyptocurrency exchanges, where this digital assets or cryptocurrencies are trade against one another.
Centralized nature of many of these trading exchanges has birthed some critical inefficiency in their mode of operations such as, security issues which atimes these exchanges were been hacked and huge amount of digital assets are been stolen. Also inadequate of investor’s protection which other regulated financial sector enjoys is the order of the day.
Comparison of Centralized and Decentralized Exchanges
In an impeccably decentralized trade, clients would have control over their assets. The point of a decentralized trade is constructing a distributed commercial center straightforwardly on the blockchain. Fund isn’t sent to a trade or wallet that is controlled by a single platform or entity: rather, order books and exchange activity occur on the blockchain. Subsequently, there are no middleman expenses, assets are not susceptible to hacks, and users are truly in control of their assets. While A centralized exchange is a crypto trading exchange platform that allows traders to buy or sell cryptocurrencies using fiat or other cryptocurrencies. Exchanges like this keep their systems off-chain, which means that transactions are not recorded on the blockchain. As orders are placed the exchange matches buy and sell orders in real-time. this kinds of exchange are susceptible to hacking and central control, making it unsafe for it users.
WEIDEX EXCHANGE
What is weiDex? weiDex is a fully decentralized exchange that guarantees the highest possible security, transparency and open source logic.
AIM OF WEIDEX
Its aim to build decentralized exchange that eliminate the interference of the third party, whereby the exchange users can trade freely between themselves (a peer to peer kind of trading) and be in control of their digital assets (cryptocurrencies) through the uses of blockchain smart contracts thereby making human error impossible.
FEATURES AND BENEFITS OF WEIDEX SYSTEM
User Friendly Interface: weiDex exchange interface is designed in a way where the users can freely navigate to carry out its trading.
Decentralized: A decentralized exchange where the users can freely trade with each other without needing middleman interference.
Referral System Bonus: When you invite a friend to the system and 20% of their exchange trading fee goes to your wallet.
Low Listing Fee: No high listing fee for potential new token.
Token Airdrops: New listing tokens are airdrop for the exchange users as a loyalty bonus
Professional Support: 24-hour support and fast response to any existing problems.
Multiple Orders Executions: The exchange ability to execute multiple transactions at a time is what gives weiDex system an edge. It’s a very time-saving and cost-effective feature for all users.
weiDex Token (WDX)
Token name: weiDex
Token symbol: WDX
Token Type: ERC-20
Total supply: 50million
Total decimals: 18
Token Distribution
ROADMAP
FOR MORE INFORMATION ABOUT THE PROJECT AND THE TEAM PLEASE VISIT:
WEBSITE||WHITEPAPER||BITCOINTALK||TELEGRAM||TWITTER||FACEBOOK
BITCOINTALK USERNAME: emmyxpress19
BITCOINTALK PROFILE: https://bitcointalk.org/index.php?action=profile;u=2258964
ETH WALLET ADDRESS: 0x18D60A81a01FB694D943640ab41be40177C71158
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