Blockchain technology has paved a way to a new system of financial operation is Decentralized and Community driven contrary to centralized system of financial operation. Blockchain advent is a Revolutionizing technology that transfers power to users unlike the centralized system that is controlled by government or institutions.
Blockchain technology is a public ledger system of information records that is distributed across several computers across the world. The system is secured with cryptographic encryption and since it’s invention, there has never been a record of intrusion of cyber attack. Blockchain technology is the bed rock of a Decentralized currency and Decentralized transaction. A Decentralized currency is a currency that is not under the influence or control of any body but driven by the community. This is the basis of Cryptocurrency.
Cryptocurrency can be referred as a digital currency built on a Decentralized ecosystem that has multi-functional purpsoe such as utility token, payment currency, security token etc. Blockchain and Cryptocurrency has gain a substantial awareness and acceptance in recent years and it’s use cases increases on daily basis. This increase rise in Blockchain and Cryptocurrency use cases further drive platform that serve as exchanges to be created in order to initiate buying and selling of Cryptocurrency with fiat and easy swapping of one Cryptocurrency to the other. As Blockchain and Cryptocurrency become bigger and it’s use cases continuous increase with better advancement, several Blockchain based ecosystem have been created with their own token. Since there are several token in the crypto space, swapping, spot trading future trading , swapping from crypto to fiat and vise versa become paramount.
To achieve some of this purpose such as buying Cryptocurrency with fiat or selling cryptocurrency to fiat , the place of exchanges become undeniable. Centralized exchange was birthed due to this need. Centralized exchange are bigger institution that serve as intermediary between buyers and sellers and also enable swapping through liquidity provided by big institutions. Centralized exchanges are manage and control by institutions or groups of persons.
OXCHANGE FINANCE DECENTRALIZED EXCHANGE
A Decentralized exchange is an exchange that is built on a smart contract protocol that runs on a predefined programs. A Dex exchange is designed as a Decentralized exchange that is not under the influence of control of anyone. A Dex exchange enable permissionless transaction between buyers and sellers. Buyers and sellers meet to engage In transactions directly.
Oxchange finance is a Dex exchange that is built on Blockchain technology protocol with amazing and unparalleled features that set it apart from others. Oxchange finance is a gasless 0xchange that does not charge transaction fee if. exchange is a perfect option for crypto enthusiasts for better investment experience with better user friendly ecosystem.
**FEATURES OF OXCHANGE FINANCE **
• Zero gas fee : trade without gas fee.
• Non fungible liquidity : oxchange finance rewards users who add to liquidity with NFTs.
• Concentrated liquidity : unlike every other Dex exchange, oxchange finance operates on a concentrated liquidity that provides liquidity to several tokens.
• *Automated market maker" : This protocol ensues constant liquidity of token or coins . Liquidity is the ease with which a Cryptocurrency can be swapped or exchange for others. AMM is an underlying protocol of every Dex exchange that enable every users to add to liquidity pool. It also works by some mathematical rules that ensures Cryptocurrency and their price is balanced.
• Stop Limit order : this feature enable users to have control over their trading such that they can control , and determine when a buy order can be executed and and when to exit the market under a particular condition. This mechanism help to minimize losses and increase traders profitability.
Oxchange finance, a Dex exchange that is highhighly secured such that team members or any other person do not have access to Your wallet. Users account are secured with private keys that are generated on the users computers. The public keys are means through which another users can transfer Cryptocurrency to others or receive from others.
ROADMAP
USEFUL LINK
Website: https://oxchange.finance/
Medium: https://medium.com/@oxchange.finance
Twitter: https://twitter.com/oxchangefinance
Reddit: https://www.reddit.com/r/oxchange/
Telegram: https://t.me/OxchangeFinance
WRITER’S INFORMATION
Btt username: foreve101
Btt link: https://bitcointalk.org/index.php?action=profile;u=3485510
POA: https://bitcointalk.org/index.php?topic=5444981.msg61942880#msg61942880
Wallet address: 0x5C3ba341c60d34D544f6819887b07Ce0013c58Be