Crypto Trading Made Easy for Beginners: an introductory guide for crypto trading.

in bytedex •  3 years ago 

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INTRODUCTION

What is Bytedex? Bytedex is a decentralised exchange for cryptocurrencies. It offers a two way conversion service just like the common cryptocurrency exchanges. Users can buy and sell the top 50 cryptocurrencies using Bytedex. It is based on a unique concept of multiple order matching, where new orders and cancellations constantly arrive on the exchange and are processed in a predetermined priority sequence.
To know more read the full blog at https://bitcointalk.org/index.php?topic=3279357.0

BitDex (bytedex.co) is a decentralised exchange which could solve market volatility and telegram shutdown. Bytedex is designed to harness the speed of machine for maximum performance, strong network of peers and well-maintained ecosystem. It achieves the goal through a proprietary hybrid security technology.

Before: Exchange platforms are insecure, vulnerable and have been hacked several times.
After: Now there is a new way of how you can trade your cryptocurrency on a safe and secure platform.

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.

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FEATURES OF BYTEX DEX

Bytedex Exchange is a decentralized cryptocurrency exchange which supports all the popular cryptocurrencies and altcoins. It offers fast and smooth transactions without the need for any registration or signups.

Bitdex is a decentralised exchange for cryptocurrencies, built with the aim of making blockchain and cryptocurrency trading user-friendly for everyone.
The first decentralised cryptocurrency exchange to have a truly native mobile application.

Bytedex is an exchange that strives for the highest levels of security, transparency, and accountability. Their platform is entirely based on blockchain technology. They are also registered with the SEC.

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 of 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.

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SUMMARY

We wanted to write a blog post about Bytedex and how we are looking to create a truly decentralised exchange. We believe that in the future, centralised exchanges will be a thing of the past, and will be replaced with decentralised ones. We are hoping to be one of the first decentralised exchanges to allow users to exchange any cryptocurrency, no matter how obscure. We wanted to write a blog post to educate people on how decentralised exchanges work, and why they are the future.

Related Links:
https://bytedex.io/
https://www.facebook.com/ByteDecentralizedExchange/
https://twitter.com/ByteExchange
https://bytedex.medium.com/
https://www.linkedin.com/company/bytedex/
https://youtube.com/channel/UCw8wl0SXHhLI0xn0JPWFMtw
https://bytedex.io/wp-content/uploads/2021/06/bytedex_EN-2.pdf
https://www.reddit.com/user/ByteDex

Writer Information:
Bitcointalk Username: Chikpe
Bitcointalk Profile URL: https://bitcointalk.org/index.php?action=profile;u=2850826
Prove of Authentication: https://bitcointalk.org/index.php?topic=5349907.msg57775286#msg57775286
TRC-20 Wallet Address : 0x41eC5aA60478D91FcFB2883f80756471575E78AE

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