Newdex: The World's Leading EOS Decentralized Platform

Newdex: The World's Leading EOS Decentralized Platform | Ecency

In times like this where the Corona Virus pandemic has been the global trending news, there is need for the world at large to get more education about cryptocurrency and get familiar with cryptocurrency trading and investments as it will curb the widespread of the virus and People will be able to carry out financial transactions without having to come in contact with your client.

Newdex is the World’s Largest Decentralized exchange whose vision is to create a new era of In cryptocurrency trading promoting a new form of decentralized trading. This exchange ensures the free flow of digital assets. Newdex exchange is built on the EOS Blockchain and always guarantees it’s users a fast, safe and transparent environment for carrying out trade transactions. The exchange is was founded on 8th of August 2018. The exchange is developed and operated by Newdex Inc. Newdex has the attribute of exploring a “multi-chain and cross-chain” model of trading.
Newdex exchange platform has EOS side chains which it supports like TELOS, MEETONE, LYNX, WAX, ENU, BOS and FIBOS. Newdex launched a TRON based decentralized exchange which is united with TRON official. The Newdex exchange is ranking among Top 5 TRON based decentralized exchanges. The main aim and objective of Newdex exchange is to become an infrastructure of blockchain tech, enable massive adoption of decentralized trading and also encourage major blockchains. Below are operating mechanisms which can be found in the Newdex exchange.

OPERATING MECHANISM:

Newdex (EOS version) has been able to deploy the smart contract with the “matching and on chain settlement”.
Newdex (TRON version) has been able to also adopt “matching off chain and on chain settlement”.

CHARACTERISTICS OF THE NEWDEX PROJECT:

TRUSTWORTHY: Newdex does not by any form have access to user’s private key which implies that users have full control over their digital assets. This will reduce the risk of assets being stolen,capital flight, misappropriation of funds. User funds are being intensely secured due to this.
ON CHAIN DATA,OPEN AND TRANPARENT: Information are being checked on chain using Blockchain technology.
CONVENIENT TRADING: No form of registrations, withdrawals or deposits are made on the Newdex exchange platform as the trading account is being decentralized. Assets are received in Real time immediately after transactions are completed.
FOCUS ON LIQUIDITY (ABUNDANT TOKENS): Newdex exchange token creators the opportunities to their list tokens in time and the exchange supports flow of several tokens so that assets in a user’s account can be received on time.

TECHNICAL INNOVATION ON NEWDEX EXCHANGE:

CODE SCANNING TRADING VIA WALLET: Newdex possesses a solid cooperation between users wallets and exchange platforms. Newdex exchange realizes trading functions of code scanning for cancelling order, login, pending order etc.
TRADING VIA EMBEDDED WALLET: The Newdex exchange is proudly the first exchange to launch an “embedded exchange platform” and this provides users with a one-stop service of token trading within wallets.

Newdex Cooperative Teams are as follows:

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