What is ByteDEX
ByteDex is a Hybrid Decentralized Crypto Exchange that trades on a Dual-Chain Blockchain. All information and crypto assets are locked into the blockchain through smart contracts and distributed throughout the network in ByteDex. Therefore, no one other than the account holder can access this information and crypto assets. It cannot be blocked. Crypto assets cannot be stolen or hacked. No one, including the ByteDex team, can intervene, stop, or limit transactions made on the blockchain.
Why ByteDex Exchange?
ByteDex believes issues of current centralized and decentralized exchanges can be addressed by combining aspects of both models with the resulting hybrid exchange model, or CDEX.
Users will hold their own private keys for every trade, and each trade will happen on the blockchain. Any slippage or gas fees will either be included in clearly stated fees or have the liability assumed by ByteDex, not the user.
The ByteDex team will process fiat payments and monitor liquidity, ensuring that no user gets locked out of their financial assets, and allowing people who do not own cryptocurrency to participate in DeFi projects without going through an intermediary mainstream centralized exchange. The platform will serve as a cross-blockchain hub, connecting Uniswap, Pancakeswap, and Justswap initially, to centralized exchanges.
ByteDex tokens will be the native token of the exchange, available on Ethereum’s network, Binance’s Smart Chain, and the Tron blockchain. These tokens will have the ability to be staked for shares of company revenue, referral benefits, trading fee discounts, and equally, will be available to trade in exchange for cryptocurrency or fiat.
ByteDex Exchange Features
ByteDex Liquidity Solution - ByteDex can offer all the convenience offered by central exchanges in liquidity on a Dex platform. For a crypto asset pair that is not sufficiently available in ByteDex via the Smart Order Route, it is obtained from the trading pairs of other exchanges and presented to the user in the most appropriate way. All these operations take place in the background in seconds.
ByteDex Dapps - You can create a game that works on the ByteDex blockchain as a real-life use, produce your own tokens to be used in this game on the ByteDex exchange, and ultimately list the crypto token for this game on the ByteDex exchange.
ByteDex Token Launcher - Different tokens can be generated on the ByteDex blockchain via the ByteDex Exchange. such generated tokens can be listed separately on the main exchange screen. In this listing, each generated token will pair with BYTEDEX and will be opened for trading if they meet the appropriate conditions. The tokens that succeed in this list will gain the right to be published in the ByteDex main list.
ByteDex Coin - ByteDexCoin is the main transaction and payment unit of the ByteDex ecosystem. BYTEDEX Coin will be produced by stock exchange mining on the ByteDex blockchain. All payments within the exchange will be made with BYTEDEX and will be used for commissions, staking rewards, and all other transactions.
Ecosystem of ByteDex
OTC Platform
ByteDex offers a kind of escrow service as well as recording the entire transaction on the blockchain. In OTC transactions, money is sent first and then a crypto-asset exchange takes place. In this context, ByteDex checks whether the money has been deposited in the desired amount and records it. Crypto Asset owner sends the requested amount of crypto assets to the buyer. This process is recorded on the blockchain. When the transaction occurs, ByteDex transfers the deposited crypto-asset fee to the seller. In this way, the transaction is carried out securely and at the same time, the validity of the transaction made with the transaction record on the blockchain is proven by both parties.
ByteDex Brokers
ByteDex Brokers enables people specializing in Crypto asset trading to provide broker services to people who do not have sufficient experience in the crypto asset market.In this way, users can better benefit from the crypto-asset market with the experience and knowledge of good brokers. Users can choose between the brokers recorded on ByteDex by mutual negotiation method or traders who already provide broker services can start to serve their customers directly on ByteDex. Under no circumstances Brokers can transfer the funds to other accounts. The profit rates obtained by the brokers are automatically sent to the exchange wallets at the rate they agree with the user at the close of each transaction.
Byte Wallet (ByteW)
Byte Wallet is a type of DEX wallet inherited from the Stellar ecosystem’s decentralized wallet concept. ByteW does not contain crypto assets but displays your information and crypto-assets embedded in the ByteDex blockchain and allows you to perform transactions on the blockchain via ByteW in an integrated manner with the ByteDex exchange.It is not possible to hack or steal crypto assets because they do not contain any crypto assets in the wallet.
Payments and Fiat Money
ByteDex Exchange has 3 different payment points, and you will be able to transfer fiat money from all credit and debit cards to your wallets. Visa and Maestro-enabled cards will be distributed to ByteDex users and you will be able to withdraw your cash assets on the ByteDex Exchange and use them in Turkey.
A cryptocurrency exchange or digital currency exchange is a business that allows customers to trade digital currency or cryptocurrencies for other assets, such as conventional fiat money or other digital currencies. Cryptocurrency exchanges can be market makers who typically use bid-ask spreads as transaction commissions for services or, as matching platforms, simply charge fees.
Bytedex is a blockchain-based Exchange that interfaces customers with non-custodial crypto wallets. As a cross-variety exchange, it takes some of the features of the exchange to come together to give each organization a better service for its customers.
So Bytedex is a decentralized exchange which has several combined exchange features which makes it a Hybrid Exchange. So we can call Bytedex as HEX Exchange. ByteDex does not save your resources. Customers interact with the exchange with non-custodial wallets and trade in a protected environment.
Some of ByteDex's features:
ByeteDex Liquidity Solution
ByteDex Dapps
ByteDex token launcher
ByteDex Coin
OTC Platforms
ByteDex Broker
ByteDex Wallet
Payments & fiat money
Byte exchange is fast, easy & powerful with an average trade execution time of 1-3 seconds and trading volume at the NASDAQ exchange rate. Users can trade with non-custodial wallets without worrying about interruptions in their transactions.
Tokonomics
Token Name: ByteDex
Ticker Token: BYTEDEX
Network: TRC-10
Total Supply: 1 billion
Special Pre-Sale Price 1 BYTEDEX = 0.01 USDT- Total Supply: 100,000,000
Pre-Sale Price 1 BYTEDEX = 0.02 USDT - Total Supply: 200,000,000
ICO Price 1 BYTEDEX= 0.03 - Total Supply: 200,000,000
How to Buy ByteDex tokens?
Register on ByteDex.io and go to your ICO user panel. Select one of the listed payment methods. Follow the instructions. Fiat payments are available via wire transfer.
Token holder benefits
Holding BYTEDEX Tokens you will get fantastic rewards and cutoff points on ByteDex Exchange.
Staking BYTEDEX Tokens offers stakers the ability to earn a net profit from the exchange as compensation for BYTEDEX Tokens. A total of up to %50 of the net addition of the exchange will be awarded to the Staker as indicated by stamping the whole and the point.
The BYTEDEX token will be listed on the ByteDex exchange on July 31, 2021 from the start. Between September 2021 and January 2022 BYTEDEX will list no less than 3 different exchanges and about 5 unique exchanges in one year. Posting presentations will be customized on our website and electronic media accounts.
Roadmap
The Byte Exchange will be a neighborhood exchange first time in the world. Each individual gathering with least 10.000 people has right to pick own neighborhood of that country. Neighborhood will happen at the main gathering of the Byte Exchange for seemingly forever and will address their neighborhood. Byte Exchange will share %20 of complete pay from the pioneer’s country as monetary arrangement of neighborhood in that country as well. Political race Terms and least necessities of being a competitor for the neighborhood will be proclaimed.
Detailed Information:
Website: https://bytedex.io
Whitepaper: https://bytedex.io/wp-content/uploads/2021/06/bytedex_EN-2.pdf
Facebook: https://www.facebook.com/ByteDecentralizedExchange/
Twitter: https://twitter.com/ByteExchange
Telegram: https://t.me/ByteDexGlobal
Medium: https://bytedex.medium.com/
Linkedin: https://www.linkedin.com/company/bytedex/
Youtube: https://youtube.com/channel/UCw8wl0SXHhLI0xn0JPWFMtw
Reddit: https://www.reddit.com/user/ByteDex
Author : oneal.ngeplox
Bitcointalk : https://bitcointalk.org/index.php?action=profile;u=2573674
My TRC-20 Wallet : TZ2bwbSWVcd7QUnNA7AFa6A4i5V7eke7PA