Hello dear friends!
Today I will tell you about the new decentralized exchange CO-DEX
Cryptocurrency is a digital (virtual) currency that does not have physical expression. In recent years, the use of cryptocurrency has become global. Cryptocurrencies perform various functions that are common to money and securities. Among these functions, one can distinguish: payment functions, functions of accumulation and savings, as well as a method of attracting investments. Some cryptocurrencies are used as unnamed digital shares of companies.
There are many companies that issued their own token, and through the cryptocurrency exchange they carry out its primary exchange offer or the so-called IEO, which is an alternative to ICO.
Almost all countries in the world oppose cryptocurrencies, and this is understandable, because cryptocurrencies are increasingly competing with the national currencies of states. But, despite this, cryptocurrencies have a huge share in the global economy. Since cryptocurrencies have a certain value, more and more people tend to earn them, and there are a lot of ways to earn cryptocurrencies.
Each cryptocurrency has its own value, and from time to time it becomes necessary to exchange it for a more liquid cryptocurrency or for fiat funds. In this regard, there are market relations between the buyer and the seller, which means that it is necessary to create convenient, favorable and safe conditions for these relations. As a result, cryptocurrency exchanges and specialized exchange services have appeared.
Like on any other exchanges, professional traders have appeared on cryptocurrency exchanges who earn money on the difference in the price of cryptocurrencies and its fluctuations.
Thus, cryptocurrency exchanges are in demand by both individuals and companies.
The interface of cryptocurrency exchanges is designed to be understandable and easy to use for both traders and the ordinary cryptocurrency holder who carries out one-time transactions.
And now we will consider directly the decentralized cryptocurrency exchange CO-DEX ...
The platform for the new decentralized cryptocurrency exchange CO-DEX is currently being developed, which will combine various blockchains, which will make it the first of its kind. The combination of many blockchains on one platform was made possible thanks to the IBC function developed by Cosmos Netwok. The platform of the CO-DEX exchange will also be built on the Cosmos network, but at the same time, any other tokens and coins from various blockchains that have been listed on the CO-DEX exchange will be available for exchange.
A decentralized CO-DEX exchange will have such advantages as:
- high transaction speed
- low transaction fees, which will provide only the price of transactions
- accessibility to create limit and market orders
In the foreseeable future, the CO-DEX exchange plans to create a multi-currency wallet that will be not only convenient to use, but also very safe.
To attract investment in its project, ensure the functioning of the platform, as well as settlements within the platform, the CO-DEX exchange issued its own token COD1. Token COD1 is built on the basis of Ether and is an ERC20 token. In total, the CO-DEX exchange has issued 100 million COD1 tokens. The initial price of the COD1 token is 5 cents.
From my point of view, the CO-DEX exchange will definitely receive a large number of users who will provide large volumes of trade, which is very important for both the users of the exchange and the exchange itself. And first of all, this will be achieved through the use of many blockchains on the platform.
Now all interested parties who want to invest in the CO-DEX platform have this opportunity. Everyone can now profitably buy the COD1 token for Bitcoin, Ether or Atom. Bargain time is limited. You can buy COD1 tokens by visiting the official site of the CO-DEX exchange.
Official links of the CO-DEX cryptocurrency exchange.
WEB: https://co-dex.network/
Whitepaper: https://co-dex.network/co-DEXWP.pdf
Telegram: https://t.me/co_dex
Twitter: https://twitter.com/CoDEX_Social
Facebook: https://www.facebook.com/co.dex.decentralized.exchange/
Instagram: https://www.instagram.com/codex_social/
Linkedin: https://www.linkedin.com/company/codex-foundation
Reddit: https://www.reddit.com/user/Co-DEX
Steemit: https://steemit.com/@co-dex
AUTHOR ARTICLES
Bitcointalk Profile link: https://bitcointalk.org/index.php?action=profile;u=1344561
Bitсointalk User name: shausler
Telegram User name: @grshausler (name DJON)
ETH: 0x018311e5F4552C63B8B0c302e50884E51876a040