The fact is that Centralized Exchanges are widely used in various sectors because they provide customers with a “ready” wide functionality, amassed as a result of numerous years of practice. However, the Centralized Exchanges have only one major drawback, which is centralization. The following important indicators expose the centralized system to risk and they are; security, unfair competition, the danger of sanctions and political risks. Due to these challenges, it is wise to ask some important questions like; how do you protect yourself and reduce the risks? Is it worth opting for the centralized exchange which has a high risk of losing money? We believe that the solution to these problems is by transiting to a decentralized trading platform without all the challenges highlighted above. That is the reason for creating the multipurpose decentralized Exchange – DEEX, which is an offshoot of BitShares 2.0 platform (Graphene).
BitShares 2.0, which is the basic functionality of DEEX offers numerous benefits such as; Referral rewards program, recurring and scheduled payments, dynamic account permissions, high performance, decentralization, user-issued assets (UIA), and a host of others. The BitShares 2.0 platform facilitates the implementation of the main functional of the DEEX Exchange which includes; buying and selling of tokens and cryptocurrencies, creation of an ICO mechanism (token placement/primary token), creation of accounts with escrow, creation of your customized crypto assets, creation of a secure crypto wallet, ensuring reliability and security of all transactions in the blockchain network via the DPOS algorithm, and purchasing of tokens from prospective companies to make investment. The exchange is poised to solving trader’s current task and plans to implement several features and functions in the future. The DEEX exchange is designed to meet the numerous demands of professional market players and also support the growth of newbies.
The advantages of DEEX exchange are numerous but not limited to the following; high liquidity, debit crypto cards, trading robots, low commission fees, two-factor authentication, a wide range of trading pairs, the ability to recover lost passwords, 24-hour technical support, mobile apps for iOS and Android, desktop application for trading, convenient GUI, which is compatible with various modern browsers. The DEEX platform will generate revenue through the following sources; the platform will calculate and transfer around 0.5% of the accumulated profit to the escrow account – an account used for securing tokens, sales of cryptocurrencies, and other digital instruments, the platform will offer the opportunity to purchase cryptocurrencies, the platform will generate profit through the sale of technology of data exchange as well as other cryptocurrency exchanges through the use of developer services and API technologies for additional tools that increase the trading functionality. Another way to generate revenue is by obtaining standard deductions from transactions with part of it transferred to the tokens of the holders (investors).
By December 2018, the transfer of engine of the ecosystem into the main blockchain system would have been completed. The platform is managed by a group of professionals which comprises of a team and experienced advisors. Some of the team members are; Anton Matyuhin, Timofei Ra, Vadim Romanov, Peter Grubber, Vadim Valirov, and a host of other professionals.
Author - Nezerlan
Bitcointalk
