A simple Google search for the term 'Electronic Money Transactions' brings more than 25 million results. This is a sure sign that the object of electronic money continues to hit the market with a resounding resounding, nearly ten years after its invention.
However, despite all the enthusiasm, the Crypto exchange has emerged tools to make a profit from the cipheral property ownership but they are not far off without their traps. Trading platforms, as a centralized selling point, do not fit in with the idea of a decentralized financial system: they are a single failure point, but this is not the only problem.
If we observe how society has evolved, from tribal society we have moved to another social structure in the modern world, where people work in a specialized way and can do the same. in the global environment, from anywhere in the world. and the Internet.
About WeiDex
weiDex is therefore developing a decentralized exchange to overcome the limitations of centralized exchanges. The following are the features of weiDex:
• Referral System:
If a user invites his/her friend to join this platform, weiDex provides benefits to such users by transferring 20% of exchange trading fees of their friends to the user’s wallet.
• Low Fees:
weiDex is providing a cost-effective platform by charging low fees as compared to other exchanges. It is also providing additional benefit to the users by carrying out their trading free only after a certain amount of volume is reached.
• Multiple Order Fulfilment:
This decentralized exchange enables users to place a certain amount of order and the smart contracts will carry out the multiple transactions as many needed by the user. The user here will get charged for only one transaction.
• Cross-chain Transaction:
Cross-chain transactions pose a main challenge in most of the exchanges. weiDex is carrying out cross-chain transactions with the help of atomic swap. Atomic swap is a process where one cryptocurrency is exchanged with other cryptocurrency without the interference of third party.
Token Matrix
Token name - weiDex
Token symbol - WDX
Price of token – $0.50
Hard Cap - $ 15,000,000
Total supply - 50 000 000 WDX
Token type - ERC-827 (extended ERC20)
Market Opportunities
There were over 500 different cryptocurrency types that were available for trading in January 2015. It is important to note that only a few of them had a market cap that is over $10 million. By September 2017, the number of cryptocurrencies had increased to 1100 and the total market cap reached an all-time high of $60 billion by December 2017, the total market cap reached $600 billion which is a multiple of 10 in about two months.
In 2017 the cryptocurrency market reached an estimated $600 billion, and experts have forecast that it will reach an inevitable $700 billion. Despite a lot of financial skeptics predicting that cryptocurrency will fail in 2017, the value of the mother of all Cryptocurrencies, Bitcoin, increased by an estimated 2000%.
Our Technology
They have a lot of advantages over centralized exchanges. Most of them are about security, privacy, availability, and transparency.They also have advantages over other existing decentralized exchanges:
- Referral System Program
- Low Fees
- Multiple Order Fulfillment
- Tokens Airdrop
- Cross-Chain Transactions
Referral System
Invite a friend and 20% of their exchange trading fee goes to your wallet. The number of users you invite determines the number of bonuses you will receive. This is often used strategy, we hope that when they have a good amount of users, they will make this count grow exponentially with the referral system.
This functionality is entirely handled by the smart contract and such kind of referral bonuses has never been implemented on another decentralized exchanges.
Team
Tito Titov – CEO
Experienced Chief Executive Officer with a demonstrated history of working in the computer software industry. Skilled in web development and blockchain technology. Strong business development, communication and management skills. Public speaker and blockchain enthusiast.
Rali Ralev – CTO
He has worked in companies like weiChain, Funding Circe UK , SAP, Ablitics etc. He is also well versed with HTML, ASP.NET, JavaScript, C++ and many more.
Krasimir Raykov – Blockchain Architect
5+ years of experience in systems development, back-end development and a strong understanding of a statically typed languages like Java, C++ and Solidity.
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For more information on WeiDex and WDX token, you can go online at
Website: https://www.weidex.market/
Whitepaper: https://weidex.market/images/whitepaper.pdf?v=1.0.0
One paper: https://weidex.market/images/onepager.pdf?v=1.0.0
Telegram: https://t.me/joinchat/IvU-mxJSkHeHzcms-S1ZYQ
Facebook: https://www.facebook.com/WeiDex-163716047661387/
Twitter: https://twitter.com/weidex2
Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=1803005