Bytedex Exchange Technology Overview: The anatomy of a modern-day cryptocurrency exchange.

INTRO

A Decentralised Exchange or DEX is a new type of exchange which is not controlled by a central authority. The Bytex platform is a decentralised exchange which is designed to be more secure and robust than existing alternatives.

Bytex is a decentralised exchange for cryptocurrency. This blog will cover the benefits of Bytex decentralised exchange, how it fixes the problems of centralised exchanges, the business model of Bytex and the Bytex IEO.

The ByteDEX exchange is a decentralized exchange that allows you to trade any token, any pair and any order book. The exchange is built on the Ethereum blockchain and uses the 0x protocol for its peer-to-peer order book.
Database Intro: The Bytedex database was created to provide users with live ERC20 token prices extracted from the order book data provided by the ByteDEX exchange.

Bytedex is the world's first decentralised currency exchange, built on the NEO blockchain.

The ByteDEX is a Decentralized Exchange Platform utilising Smart Contract technology and running on the EVM network. This means it is fast, cheap and secure. It is also the first exchange to offer a truly transparent order book and to use Multi-sig technology to secure users' funds.

Before: Cryptocurrencies are digital assets that act as alternatives to money or other commodities.
After: However, they are still very much unregulated and face scalability issues.
Bridge: Bytedex is a decentralised cryptocurrency exchange for instantly processing transactions for different cryptocurrencies. It aims to solve the scalability and trading issues faced by crypto users.

BENEFITS OF BYTEX DEX

The Bytedex exchange is a platform that will allow traders to trade their coins on a secure, fast and most importantly decentralized exchange. This exchange will also have no trading fees for the users.

Bytedex is a decentralised exchange that is based on the Ethereum blockchain. It is a cryptocurrency exchange platform for secure and safe trading of BTC, LTC, ETH, and ERC20 tokens.

Bytedex is a decentralised exchange that enables you to trade your cryptocurrency on a trusted, secure and transparent platform.

Bytedex crypto exchange is a peer-to-peer cryptocurrency exchange platform that removes the need for third parties. It is fully decentralised, which means that no central authority has control over your funds.

It is a fully decentralised community with an ecosystem that supports various communities from across the world, with representative from many communities in its board. Users can start a Byte community in their countries and get reward of 20% of the income generated from the country

BEXT TOKEN

The BEXT token is the base coin of the Byte community. It can be used to expand the ecosystem with its great features like

Staking

BEXT tokens can be staked by its holders to earn great benefits. The management allocates 50% of the exchange net income for rewarding Staking.

Free Discounts

Management gives great discounts on the transaction fees in the Byte exchange. It's fees are the lowest compared to other exchanges

Special Holders Privilege

Holders of the BEXT tokens are given special preferences and rewards in the community programs. They have access to information about new projects and selected presales.

Trading

The BEXT tokens can be traded on the Byte exchange for more earnings

The token can be obtained on the Byte exchange or exchanged with reverred cryptocurrencies like BTC, BNB, USDT and ETH.

The token will be listed on top 10 exchanges in the Defi system.

STARTUP LAUNCH PROGRAM

This is a program that is designed to assist members of the community in launching their projects. The community will partner with the launcher, give proper advice from the experienced team that will help to develop the project. The team will work with the launcher in the following:

Setup
This includes filling information about the project and setting it up on social media.

Launching
This includes raising funds, trying the project for Bytex services and constantly assisting the business development team. The team chooses a trial version for key services to check the viability of the project through referral game, banner's design and liquidity trials.

Platform integrating
This is the integration of the project into the Bytex community. The team engages most existing blockchain with discussions about the project.

Development of project
This involves the promotion of the project internally on the Bytex community, promotion of the project externally to the crypto community through AMA sessions in social media, email marketing campaign, messaging crypto investors and enthusiasts privately, and conducting retrospective analysis of the project and evaluation of results and making corrections where necessary.

CONCLUSION

We've reached the end of our article, which means it's time for you to download Bytedex Decentralised Exchange by visitinghttps://bytedex.io/wp-content/uploads/2021/06/bytedex_EN-2.pdf . If you haven't done so already, make sure to sign up for the exchange by clicking here. It's completely free and it only takes a minute to join. We hope you enjoyed reading our article on Bytedex Decentralised Exchange. Please visit https://bytedex.io/ to learn more about the exchange.