A simple search for the word 'Cryptocurrency Trading' on Google will generate more than 25 million results. This is an indication that the cryptocurrency market continues to grow magnificently, since it was first introduced about ten years ago. However, despite all that enthusiasm, the Crypto exchange platform still had various problems. Many platforms are not consistent with the notion of decentralized financial systems: they still practice systems that indirectly function as third parties (Central Authority). But in reality, this is not the only problem.
WHAT IS WEIDEX
The name weiDex originates from the smallest denomination of Ethereum’s Ether token known as “wei”, “Dex” is short for decentralized exchange. Before we discuss weiDex any further, it is important to first define what a decentralized exchange is. A decentralized exchange (DEX) is a cryptocurrency exchange that does not rely on third-party services to store customer assets or information. Instead, the trades that occur on decentralized exchanges are completed directly between users (peer to peer) through an automated process by the implementation of smart contracts. This is further achieved thanks to the usage of a decentralized multi-signature escrow system that makes the exchange safe, secure and efficient.
The platform
weiDex is a fully featured decentralized exchange. It guarantees the maximum standard of security, transparency and open source logic. The main idea behind decentralized exchanges is the removal of third party intermediaries. With their removal, decentralized exchanges don’t require any personal information such as names, addresses, and other private information. With weiDex, users will enjoy a plethora of extra features not found on other exchanges such as multiple order fulfilment, Bull/Bear Bomb, Crumb Cleaner, high reward referral system airdrops, and our favourite, cross-chain transactions for Ethereum and other Smart Contract platforms and cross-chain atomic swaps.
PRODUCT
Benefits
- Secure
- Transperant
- Airdrops
- Experience
- Clean and simple user interface
- Convert assets to or from Ether/WDX instantly
Features
- Cross-chain atomic swaps– cross-chain transactions between Ethereum and other Smart Contract platforms
- Token with functional utility– used for community votes, airdrop participation, discount on fees, and trading
- Occasional fee less trade periods
- Bear/Bull Bomb
- Crumb Cleaner
More Information:
Website: https://weidex.market/?utm_source=bitcointalk
White book: https://weidex.market/images/whitepaper.pdf
Facebook: https://www.facebook.com/WeiDex-163716047661387/
Twitter: https: //twitter.com/weidex2
Telegram: https://t.me/joinchat/IvU-mxJSkHeHzcms-S1ZYQ
Author: Dangdingdongbray
Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=1767724