Dolomite: An Overview

in cryptocurrency •  6 years ago 

“Powerful” is the best word to describe the Dolomite Exchange
platform. The developers behind it have created this tool for
efficient exchange and portfolio management, and it’s hard to
ignore for those of us who have recently delved into blockchain
technology and cryptocurrencies. The ease of use, breadth of
information, and low fees are only a few of the attractive aspects
of the tool. The pleasing design and practical exchange features
are ideal for those who desire a way to exchange and manage
their cryptocurrencies.

Financial Independence


Before detailing the characteristics of the Dolomite Exchange, let’s
consider the issue that it is focusing on alleviating. One issue that
concerns many who are involved in cryptocurrency is the
centralized market. As they more than likely know, centralized
exchange companies take hold of their investors’ cryptocurrencies
and don’t allow the investors to have control over these various
coins. The Dolomite Exchange contributes a solution to this issue
by being decentralized. Their portfolio management tool allows investors to buy and sell their cryptocurrencies whenever they choose. The right to own one’s cryptocurrencies through this choice is a very attractive of this company because it demonstrates security through financial independence.

Exchange Features


There are nine basic features to exchange numerous ERC20 token
assets from one’s digital wallet. The first available feature is the
“Balances” window. The option to view the balance of one’s
exchangeable token assets is crucial, and this window is easy to
find on the page. The second notable feature is the “Submit
Trade” function, which allows the user to toggle between buying
and selling with an effortless and easy to distinguish button below
the “Balances” window. Buying and selling refer to the token
trading pair, a phrase that is understandable on the Dolomite
Exchange website.

The third feature, “Order Book/Trade History” can seem
self-explanatory, but it has layers of information that is significant
to the understanding of every price and amount of token assets
that could be and have been traded. “Order Book” reveals the progress of orders that have yet to be filled. The simplicity in this
feature lies in the ability to click on the order to submit a trade
that appears in the “Submit Trade” section once it is pending. This
allows the user to have constant access to the information
necessary to complete trades as quickly as possible. “Trade
History” allows the user to view the past trades that have
occurred, including the price during the time of the trade and the
amount of token assets that were traded.

The remaining six features are windows into the settings and the
cryptocurrency market through easy to manage and practically
designed within the past 24 hours. The “Market Graph” is linear
to display the changes to the market in this time-frame, and
“Market Statistics” displays the listed volume of each token, the
24-hour percent change in the value of the token, the last price the
token was traded at, and both the lowest and highest prices at
which the token was traded in the last 24 hours.

Design Layout


For the User Design experts and those who are novices to
cryptocurrency and blockchain alike, the design of the platform is irresistible. The color scheme uses multiple shades of purple,
which is easier to view than brighter colors. The bright colors that
appear on the screen also contrast well with the gray background
by making the information distinguishable for users. Overall, the
platform conforms to user-friendly standards while standing out
as attractively as possible for upcoming users of every population.

Functionality


As it currently stands, the Dolomite Exchange platform is
practical for cryptocurrency market usage. It allows the user to
view every necessary aspect of the market and trading,
one-by-one. Dolomite provides an easy to use interface and the
simplicity of its functionality is due to the Loopring Protocol. The
Loopring Protocol software allows users to benefit from shared
liquidity with other exchanges.

Great for the Future


As a whole, all of the Dolomite Exchange platform’s parts result in
an effective tool. This includes its exchange features, design
layout, and functionality, which are all key to its appeal for a variety of users in the future. It can work for complete novices in
blockchain and cryptocurrency, or those who have been assessing
and building upon their own usage of cryptocurrency. The tool is a
game-changer, improving the decentralized market in the
foreseeable future.

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www.gardenofcrypto.com for more!

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