DEEX - THE DECENTRALIZED EXCHANGE WITH A DIFFERENCE

Decentralized exchanges should be the future, and I am sure you would agree with me if you read my previous ARTICLE on the deex exchange platform . Though decentralized exchanges has done badly over the years when it comes to being properly recognized, and possessing good volume of trades of assets, I can put it to you that complete decentralization is still the way forward. Now it is certain that an exchange can be completely decentralized, but how certain is it that a decentralized exchange can possess proper liquidity? Yes it is very much possible with the deex exchange and here I will show you both the way the deex exchange functions and the benefits it brings to the crypto space at a large
To be able to overcome the inefficiencies faced by other decentralized exchanges, the deex exchange decided to work with the bitshare2.0 mode of function

WHAT DOES DEEX OFFER WITH BITSHARE 2.0?

• Complete decentralization is very much achievable with the bit share 2.0 platform model
• Performance and efficiency is what makes an exchange loved by it users, together with security an exchange is supposed to be able to carry out several transactions per second to enable the exchange be smooth and fast.
• Some assets on bitshare can be traded at stable prices
• Lots of rewards are given to users who refer other users to the platform , can also be called referral program.
• To further keep the exchange on top notch speed and efficiency, the bit shares Dpos consensus mechanism Is adopted on the deex exchanges as well. The dpos also brings more flexibility as it is the most flexibile consensus mechanism out there
• Low fees on transactions done in the platform
These some of the benefits of utilizing the bit shares 2.0 which is done by the deex exchange platform. There are other merits possessed by the deex exchange platform , which will make you see reason as why the deex exchange is a decentralized exchange with a difference

MERITS OF THE DEEX EXCHANGE PLATFORM

• SECURITY :- On the deex exchange platform, due to its flexibility, users are allowed to choose the level of security they want from the sign up page.

You can decided to choose to register on a cloud wallet which is the least secure method of signing up as a password is generated for you by the deex platform, on this form of sign up, the users account can be opened on any device whatsoever as it requires only the password to get logged in. It works just like our regular myetherwallet does .
The second method is the wallet model. The wallet model is more secure than the cloud model as a login name , password and secret file are used in logging into the deex exchange platform. When this type of registration is done, the user cannot log into any other device without the secret file needed to get into the platform , this makes it safer and more secure than the cloud model
The third model is the 2fa model, which is the most secure of all models mentioned above, it will ensure safety of assets and funds that are left on the deex exchange. The 2fa model functions like so, to log in passwords and qr codes or ga key are used. Even if all the data needed to get into ones deex account is stolen so long the hacker does not have the 2fa authenticator codes, the scammer has no way into the exchange, thereby all your assets are safe and sound.

• Debit cards for Cryptocurrency :- The deex exchange in the nearest future will create debit card that are linked to the deex wallets of deex users . This deex debit card will be integrated with fiat mediums so the debit card can be use to run transactions and convert crypto assets to fiat.
• The deex exchange platform is completely decentralized and highly transaparent on the blockchain, to make it even more appealing to the users maximum flexibility was added to the deex exchange platform.
• The deex exchange is not here for childs play, this is why it isaware that from time to time, users are bound to encounter challenges from their dealing on the website and as a result will need an active support to help solve these issues.For this reason an active 24/7 support system is available on the deex exchange platform
• The deex exchange in time will create a mobile app for all users to enable further comfort ability, capability and a better trading experience for all users .This app will be created in both popular operating systems , the android and IOs
• Trade indicators are available on the exchange. For traders seeking to make profit, this trade indicators will help profit making become easier.
• Unlike other dex exchanges, the deex exchange platform will easily boast of huge liquidity for its traders and user

If you would love to know more about the deex exchange platform, do stay tuned to my page (will be talking about the deex ico and the deex tokens) or visit the links below to get conversant.

WRITER'S INFO

NAME :- CIATONY

BTT USERNAME :- CIA12

PROFILE LINK

DEEX - THE DECENTRALIZED EXCHANGE WITH A DIFFERENCE | Ecency