weiDex - the revolutionary decentralized exchange and has many advantages over existing solutions!

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Over the past few years, the development of the cryptocurrency and Blockchain technology as a whole has leaped far ahead. At the moment, many people exchange their own cryptocurrency on the Internet or use it in transactions on various sites, which by the way are quite numerous and every day there are new ones. Some of the owners of cryptocurrency, use it in everyday life quite often. With an abundance of opportunities and spheres of application of the cryptocurrency, a lot of centralized management systems and the exchange of crypto-currency have appeared on the Internet. Such projects can be called Binance, Coinbase or even Bittrex. This platform is designed to fully manage all the user's cryptocurrency, and also provide the possibility of their unlimited exchange to different countries.

Despite the fact that the use of centralized control platforms for crypto-currency capital is quite convenient and fast, the platforms working on the principle of centralized management and data distribution have many shortcomings and problems. For example, these systems have a low degree of protection for all user data. They are very vulnerable to attacks from intruders, because of this and do not cause much confidence in users. To solve the security problem, the development team of enthusiasts implemented a project called Weidex. Its main advantage is that it's developed on the basis of a decentralized control system using Blockchain technology. Let's take a closer look at this project and learn about its differences from existing projects.

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What is Weidex?

The project team has set itself a fairly complex but achievable goal. They want to prove and demonstrate to the whole world the real possibilities and advantages of a decentralized system of managing and distributing data packets within the platform. First, the use of a decentralized data management system will allow developers to significantly increase the overall security of the entire network, as all data is processed and located by the users themselves. The system will not allow interfering with the personal data of the user or the transactions carried out by the attackers outside the platform itself. The entire process of distributing and assigning a contract, as well as carrying out the transaction itself, is handled and performed on the side of the users themselves. Only they have access to those data, which they themselves enter into the system.

A lot of users of cryptocurrency already faced the problems of transparency of various exchange platforms, as well as with high commission fees, which are provided by centralized sites. The developers of the Weidex platform were able to solve this problem. The model by which they work provides their platform with full transparency of all ongoing transactions and data exchanges, which gives credibility to many traders and investors around the world. The system of decentralized management and distribution of data allows you to minimize the interest rate for commission fees from the user.

Low commission fees are achieved through a banal absence of intermediaries between the parties to the contract. Now, any user can conclude a P2P contract knowing that all of his data is completely safe, and he does not have to pay a high commission from the platform itself. The platform fully transfers the reins of government over transactions and the management system of crypto-currency to the users themselves, which makes this system as efficient and safe as possible, and also does not lose in the speed of transactions.

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How Weidex works

The principle of this platform is simple. It uses a well-known decentralized data management and distribution system in conjunction with Blockchain 4 generation technology. All transactions will be completely safe, transparent, and also maintain their speed regardless of the range of their final destination. It is worth noting the main advantages and tools that the platform provides to its users since these advantages are quite a lot and they are all very interesting.

One of the main and unique features is the referral system of the project. Prior to this, it was completely absent from the crypto-currency platforms. It works according to the standard referral principle. The platform offers users as much as 20% of the referral revenue from each user you invite. In this case, you will receive 20% of all received bonuses from the user you invited. If you consider that the number of referrals invited is unlimited, you can passively earn only on the referral system a huge amount of money. The secret of success is trite, the more referrals you invite, the higher your level of earnings from this system.

Modern and revolutionary technology Cross-Chain. This technology will allow any user to easily exchange various crypto-currencies regardless of their standard or the platform on which they are implemented. The Cross-Chain system has all the capabilities of smart contracts, and the plus is that it completely unifies all crypto-currencies. Now you do not need to translate your currency into the common currency of the system, and then exchange it for the user. Your currency will be automatically converted without loss of value.

Now each user of the network will be able to process several orders at once and sign a lot of contracts. The platform is designed so that you do not need to wait for the previous transaction, in fact, immediately you can create new orders and conduct other transactions at the same time. All this works on the basis of the order number, you can independently set the number of each transaction and easily work with it.

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Weidex project team

The team of developers of the project in total consists of 18 people. Each member of the team has extensive experience in creating projects based on the latest generation of Blockchain technology. Each of them is a qualified specialist in their field, which is why this platform has a future. I would like to consider a few leaders of this platform. The management team of the Weidex project includes: More details about the team: https://weidex.market/welcome#team

Token Details

As it's not strange, this platform has its own cryptocurrency, which received the abbreviation WDX. This currency is based on all the known platform Ethereum and has the international standard ERC20. The start of the public sale of the currency is scheduled for September 1 and will last until November 30 this year. At the start of sales, the rate of 1 WDX to one ETH: 1 to 0.0011 ETH. The minimum fees for the project are one and a half million dollars, the hard cap has made 15 million dollars. Let's take a closer look at the distribution of the entire project currency:

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  • Token name - weiDex
  • Token symbol - WDX
  • Token supply - 50 000 000 WDX
  • Token type - ERC-20
  • Token Decimals - 18
  • Soft cap - $1.5 Million
  • Hard cap - $12.5 Million
  • Token Price Pre-sale - $0.40
  • Token Price IEO or Sale - $0.55

Roadmap


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Conclusion

In a centralized data distribution system, there are really a lot of problems, especially with respect to the overall security of platforms and data. The tools and technologies offered by the Wiedex project have a great advantage among all competitors in this market. A convenient, safe and fast way of exchanging crypto-currencies around the world should necessarily attract a lot of attention from users and investors to the project.

I'm sure that this platform will gain its popularity. It's worth paying attention to unique advantages in the form of a referral system or the ability to conduct several transactions simultaneously. This platform clearly deserves universal recognition and attention, and certainly deserves future development and scaling.

#IEO #TokenSale #startup #BountyCampaign #Investment #Crypto #Exchange #Crowdfunding

Source of the post: https://medium.com/@wolfpunk.crypt0/weidex-ico-a-decentralized-exchange-for-cryptocurrency-11e362fba5eb

For more information about the project and the opportunities to participate, go to the links below:

Website: https://weidex.market
Whitepaper: https://weidex.market/images/whitepaper.pdf
ANN: https://bitcointalk.org/index.php?topic=4638484.0
Telegram: https://t.me/joinchat/IvU-mxJSkHeHzcms-S1ZYQ
Facebook: https://www.facebook.com/weiDexExchange/
Twitter: https://twitter.com/weidex2
Medium: https://medium.com/@weidex
Linkedin: https://www.linkedin.com/company/weidex/

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