The introduction of the blockchain technology brought about different projects with different crypto currencies. But how can this technology transform the world’s economy without good trading platforms where these cryptocurrencies can be traded? In order to handle the exchange of several cryptocurrencies a lot of projects have come up with Cryrpto trading platforms , some of them are Centralized meaning they are controlled by a third party , while others are Decentralized where users are allowed to be in charge of managing their funds.
Sadly, despite all these existing Exchanges, there are still a lot of challenges faced by crypto traders globally and this is what motivated the great Team of Co-DEX to create a unique platform which comes with so many innovative and great features.
WE ALL NEED CO-DEX EXCHANGE
In trying to compare Co-DEX exchange to other existing Exchanges we find out that there are a lot of reasons why Co-DEX is our desired Exchange. Let’s take a look at some of the innovative features of Co-DEX that make the difference.
MUTIPLE BLOCKCHIAN CONNECTIVITY
The existing exchanges have limitations where only crypto assets from specified blockchain like Erc-20 are allowed to trade. Whereas on Co-DEX platform users can trade any crypto asset from any blockchain, be it Erc-20, Trx, wave or any other blockchain . Co-DEX is able to achieve this by building its platform on the IBC innovation which is created by COSMOS NETWORK. Co-DEX is uniquely designed to connect all native cryptocurrencies and give traders a wide choice of crypto trading for more profits.
SECURITY
In Centralized Exchanges, third party is in charge of the security of traders’ assets. And this has led to a lot of investors, traders and other users losing their important crypto assets to cyber criminals. Since the platform is centralized it then means if a hacker is able to hack into the platform, they are able to steal every one’s assets. But in Co-DEX, every user of the platform has complete custody of their assets. Its left for them to securely keep their private keys and passwords. This is far better because even if one user is careless with his account, other user’s accounts are still 100% safe and secured. Co-DEX is therefore designed as a system where security, privacy and anonymity are key priorities.
TRADING FEES
This is another factor that has affected crypto trading, in most Exchanges the trading fee and other charges are made to be so high that traders complain. But Co-DEX is the first Decentralized crypto trading platform which traders do not need to pay any fees for trading apart from the usual blockchain transaction charges. This great feature will bring a lot of people into Co-DEX community.
Of course Co-DEX believes that the platform is made by the community for the community. Therefore the NO FEE gesture is meant for the community to enjoy trading on the platform.
FULFILLING MULTIPLE ORDERS PER TIME
On most Exchanges, orders take time to be fulfilled and this denies traders the opportunity to save time while trading. But Co-DEX is designed in such a way that traders will enjoy a user friendly interface. On CO-DEX traders will be able to enjoy a multiple order fulfilment which will not only save their time but will also make trading less costly with an interesting trading experience. The smart contract is specially designed to handle orders as fast and possible.
TOKEN DETAILS AND USES.
CoDEX has created COD1 as a token of the platform using ERC-20 blockchain. COD1 will act as the main token on the Co-DEX platform and will be used by the community. COD1 will be given to users as holders’ reward, airdrops and other activities on the platform.
TOKEN NAME: CO.DEX
TOKEN TICKER : COD1
TOKEN TYPE - ERC-20
TOKEN PRICE: 0.05 USDT
TOTAL SUPPLY – 250,000,000 COD1
Co-DEX has a lot of other interesting features you need in crypto asset trading and this article cannot capture all. I therefore advise that you go through the well-designed website and self-explanatory whitepaper for more information.
Website: https://co-dex.network/
Whitepaper: https://co-dex.network/co-DEXWP.pdf
Facebook: https://www.facebook.com/co.dex.decentralized.exchange/
Twitter: https://twitter.com/CoDEX_Social?s=09
Linkedin: https://www.linkedin.com/company/20528611/
Telegram: https://t.me/co_dexI
Instagram: https://www.instagram.com/codex_socia
AUTHOUR’S DETAILS
Btt username: funex
Btt profile link: https://bitcointalk.org/index.php?action=profile;u=2281902;sa=summary
Telegram username: @fontex35
Eth wallet: 0xa30B9fE39d9983dF6A94b53C12EF6e44bCf1631c
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