In this article I'm going to talk about DEEX decentralized crypto exchange and how it can contribute to the adoption of cryptocurrency!
But, first let's take a look into the crypto market in a global scale..
Since its emergence, bitcoin and cryptocurrency, in general, have became the hot topic of today's economy. Big investors and well-known brands have joined this market, making it a gigantic and global "store of wealth".
What are the main advantages of cryptocurrency?
The adoption of this new form of currency has its strong arguments. The primary reasons for this endorsement are faster financial transactions, transparent actions, lower fees and removal of intermediaries, like banks and financial agencies.
In order to consolidate the crypto currency usage, many exchange websites have been launched to facilitate the trading, withdrawal and management of crypto-assets..
The Main Difference Between a Centralized and Decentralized Exchange!
- Centralized Exchange has a central entity from which all the decisions are made. The community has no authoritative power over the owner's decisions.. This latter has all the rights to set up any specific user restrictions, add, remove or update all the financial and trading rules. This way any user has to manage his or her account and portfolio following the onwer's terms and set of rules.
Moreover, centralized exchanges are subject to a high level of cyber-attacks and fraudulent actions. Lately, many famous exchange websites have lost millions of dollars, because of their weak security measures.
- On the other hand, Decentralized Exchanges are more transparent and secure. these exchanges give its users total control over their crypto-assets and actions. Plus, any platform user can benefit from a direct peer-to-peer crypto trading and asset exchange, without any central restrictions.
The Benefits of DEEX Decentralized Crypto Exchange
DEEX is built using the Bitshares decentralized blockchain network. This latter is proven to be better than the other famous networks, like Bitcoin and Ethereum..
Not only that, but Bitshares blockchain is even stronger and more efficient than the traditional centralized financial networks, like VISA. Therefore, DEEX chose to use Bitshares blockchain to built its exchange ecosystem.
Bitshares assure:
Gigantic number of transactions per second/day
Lower transaction cost
High stability level (a transaction issue doesn't affect the whole system)
As a part of their plan, the DEEX team will upgrade their exchange, moving its unique engine to the Bitshares 2.0 (Graphene). This latter allows to have a very high transaction speed. We are talking in the range of 50000 transactions per second.
Running on this powerful Bitshares blockchain network, DEEX decentralized crypto exchange has three main benefits to its users:
1- Security
2- Stability
3- Speed
Thanks for DEEX exchange, your money is totally safe from any outside threat. The platform is perfectly and fully decentralized. This does mean that no one can control your actions, decisions or transactions. There is no admin or manager that can make changes to the system. Your transactions are totally transparent and hidden from hackers.
Using DEEX exchange, you can list your token, do your daily crypto trading activities or exchange the DEEX cryptocurrency itself..
Moreover, You are able to receive a cool reward for being a DEEX coin holder. This is your passive income for using a powerful decentralized and transparent technology, called "Cloud.Nodes". In fact, as you hold DEEX coins, you are supporting the "cloud nodes" execution. These are different from the other "master nodes" which are, usually, used by many ecosystems. If you own a certain number of DEEX coins, you can receive a nice passive income. In addition, these "cloud nodes", used by DEEX, keep the entire exchange anonymous and fully untrackable. This way, there is no chance for cyber-attacks or money theft.
With all of these qualities, DEEX will encourage more investors and newcomers to adopt the cryptocurrency and blockchain technology on a global scale.
Stay Tuned for the DEEX Beta Version!
Please check these links for more information:
DEEX Website: https://www.deex.exchange
Whitepaper URL: https://www.deex.com/docs/DEEX_wp-2.0_eng.pdf
Telegram: https://t.me/deex_exchange
Twitter: https://twitter.com/deex_exchange
Facebook: https://www.facebook.com/groups/deex.exchange
https://www.facebook.com/deex.exchange
Instagram: https://www.instagram.com/the_deex
Linkedin: https://www.linkedin.com/company/deex-exchange
Reddit: https://www.reddit.com/user/the_deex
Youtube: https://www.youtube.com/channel/UC5oYUk9QC4kbM5ZBpodOUcQ
My Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=1100540