DAEX - Digital Asset Exchanges

The Global DAEX (Digital Asset Exchanges) Foundation are the creators of DAEX, which is an open and distributed cryptocurrency clearing ecosystem that aims to provide clearing solutions for cryptocurrency exchanges. The clearing as a service (CaaS) is based on distributed ledger technology and smart contracts.

Daex on Coinmarketcap https://coinmarketcap.com/currencies/daex/

DAEX Markets
https://www.lbank.info/trading/dax/eth
https://www.allcoin.com/trade/dax2eth
https://indodax.com/
DAEX has now officially entered the Singaporean market by forming a strategic partnership with @tokenomy indodax.com
https://www.bcex.ca/trade/dax2eth

DAEX ecosystem is composed of a clearing service that is based on distributed
ledger technology, centralized exchanges and user wallets. Traders use their
wallets to perform trades on exchanges. After trades are matched at
exchanges, exchanges send matched trades to the clearing service. The
clearing service CaaS is performed by smart contracts on the distributed ledger
technology. During the initial phase of DAEX, cryptocurrencies will be serviced.
During future phases of DAEX, cryptocurrency derivatives will be serviced. That
is, DAEX will provide clearing service for cryptocurrency derivatives traded on
exchanges.

The DAEX ecosystem provides the following advantages to participants in the system:

-Secure
Participating exchanges must meet the business and technology requirements of the ecosystem, thus the quality of trading service is maintained.
User’s assets are all held on the blockchain.

Assets cannot be moved without user’s admission. Multiple-part private key further protect user’s assets and also a safe recovery mechanism in case a user loses his private key.

Smart contract and the blockchain technology guarantees the correctness of clearing and settlement.

-Trust
Decoupling between trading and clearing is the best way to guarantee the safety of customer trading assets.

The insurance fund contributed by participating exchanges provides another layer of safety.

The DAEX ecosystem therefore provides a trustworthy environment for exchanges and traders.

-Open
First of all, the DAEX ecosystem is open to and welcome new exchanges.Exchanges that participate in the DAEX ecosystem can use all products and services provided by DAEX, including wallets and clearing.

Secondly, participating exchanges can expect to use more value added services DAEX is going to provide, including cryptocurrency derivatives trading.

The cryptocurrencies industry is still in its very early stage. Inevitably it has many problems, just like the internet industry in its early stage. But, it has a strong growth potential which is probably many times greater than that of the internet industry.

The goal of the DAEX ecosystem is to help the industry grow in a more orderly and secure way by providing a solid infrastructure that benefits many industry players.

Ticker: DAX
Token type: ERC20
Total Tokens: 2,000,000,000