Credit: https://images.app.goo.gl/J66WsGv3cd8bewnKA
INTRODUCTION
The Blockchain is community oriented technology with an initiative that is opened to all sources.
This implies that all the decentralized network's member is given the autonomous and control over their information and transactions.
Not like the centralised exchange where all power and control are vested on the central body.
The activities and functions of the centralised exchange are directly opposite to that of the Blockchain's initiatives that are driven by the decentralised exchange.
The blockchain technology adopts both centralised and decentralised economy. The decentralised economy is an improvement and corrections of some challenges faced by the centralised exchanged.
Even though there were improvements in the decentralised economy but some flaws were also discovered in some crypto transaction platform which needed correction. For the purpose of correcting these flaws, BankDex was created.
WHAT IS BANKDEX PLATFORM ALL ABOUT?
Bankdex is a decentralised exchange that has a user-friendly interface. The platform was created to ensure that fiat and crypto transactions are fast, easy to withdraw earnings with low charges on transactions.
The bankdex is created with the aim of introducing new users to the crypto world through the total elimination of hindrances that are associated with difficulties in the purchase, Withdrawer and transfer of digital asset.
REASONS FOR CREATING BANKDEX
The bankdex platform was created basically to provide solutions to the following problems that look unsolvable in crypto transaction platforms.
Security
This is a challenge that is mainly faced by crypto transaction platforms. Recently, there are some flawed security of data and the hacking of digital currencies.
This occurrence has created fear in the mind of trader about carrying out investment in online exchanges.
Transaction Charges
This is also another hurdle in the massive adoption of crypto. About 37% of traders said the huge transaction charges is what has kept them back from crypto investments.
Unethical Time Consumption
The exchange of crypto is usually said to be a time consuming one. It takes donkey years to respond to the request to carry out deposition or Withdrawal of crypto.
This same experience is also witnessed when some request like suspension of an account, missing of funds and the likes were made.
SOLUTIONS PROVIDED BY BANKDEX PLATFORM
The bankdex is able to solve these problems by;
Website: https://www.bankdex.io/
Twitter: https://twitter.com/bank_dex
Telegram: https://t.me/bankdex
Whitepaper: https://www.bankdex.io/wp-content/uploads/2019/06/WHITEPAPER.pdf
Bounty0x Username: Barth5
