The cryptocurrency market is expanding due to the speed of adoption and use of cryptocurrencies globally. There are several exchanges used to trade digital currencies by cryptocurrency traders and enthusiasts. Traders either make use of Decentralized exchanges or Centralized exchanges. However, most users prefer to make us of centralized exchanges giving the ease of operating such exchanges and the fact that they offer ready to use services and functionalities but still such users funds are centralized as they do not have access to it and if they should decide to take off or if such exchanges suffer a security breach, they will lose funds.
On the other hand, although Decentralized exchanges are new and still trying to gain grounds, they offer users fund security as their funds are decentralized and users have full control of their digital assets. All users have same rights when it comes to dealing in decentralized exchanges. Decentralized exchanges are safer to use and are less prone to suffer security breaches and cyber-attacks from cyber-criminals and hackers and even if such occurs not all participants are affected but just a few. Recently I got to know about DEEX decentralized exchange and I would like write about it to my readers.
REVIEW ON DEEX EXCHANGE
DEEX Exchange offers its users a platform that is convenient, safe, transparent and secure where they can trade cryptocurrencies conveniently in transactions. DEEX has trading pairs with DEEX TOKEN, ETH, BTC, and BTS.
Deex is currently running on the BITSHARES engine/platform. This is the first stage. Moving to the second stage of DEEX exchange development, DEEX will run on the GRAPHENE platform and make use of a similar token like BTS but will make use of its own nodes.
WHAT ARE THE BENEFITS OF DEEX EXCHANGE?
- Our task is to make the exchange comfortable to solve the current tasks of the merchants in the first stage and in the subsequent stages to implement the following functionality:
- Platform for secure ICO together with the decentralized custody toolkit from DESCROW.ORG. DEEX will carry out project analysis for both existing and new blockchain companies and help new upcoming projects to run a successful ICO.
- A platform for creating a transparent decentralized blockchain of a cryptographic fund administered by professional DEEX merchants and issuing the corresponding background token with automatic placement in all DEX exchanges and in the main exchanges of centralized cryptocurrencies;
- Cryptocurrency debit cards linked to user wallets in DEEX and integrated into Fiat gateways, which allows the cryptocurrency to Fiat when paying with a card at points of sale.
- API to integrate third-party applications and services with the DEEX platform;
- Creation of its own crypto network to buy and sell cryptocurrencies for Fiat with the ability to work with bank cards
Website: https://www.deex.exchange/
Telegram chat DEEX (eng) https://t.me/deexexchange
Telegram channel DEEX https://t.me/deex_exchange_ru
Facebook group https://www.facebook.com/groups/deex.exchange/
Blog on the social network "Voice" blog https://golos.io/@deexexchange
VKontakte group https://vk.com/deex.exchangePage
Instagram page https://www.instagram.com/the_deex/
Twitter page https://twitter.com/deex_exchange
The blog on the network Steemit https://steemit.com/@deexB
Medium blog https://medium.com/@the_deex
YouTube page https://www.youtube.com/channel/UC5oYUk9QC4kbM5ZBpodOUcQ
Authors Information
Steemit Username: e4ourma
Bitcointalk Username: Johnyjay
Bitcointalk Profile; https://bitcointalk.org/index.php?action=profile;u=1819701