The cryptocurrency industry has a great future ahead. People have just started recognizing the value of crypto assets. The number of crypto investors is increasing with every passing day and therefore every altcoin has the potential of ruling the market. Hence the crypto industry is during its initial stage, it is coping with a variety of problems. Its strong growth potential encourages smart individuals to resolve the issues which are slowing down the growth of this industry.
The DAEX team has crypto industry experts talented developers which know the issues associated with cryptocurrency market and they are offering the solutions. They are introducing the DAEX Ecosystem that will support in safer and more ordered growth of the industry. This ecosystem is offering a solid infrastructure that will profit several key players in the crypto industry.
Key participants within the DAEX Ecosystem:
There will be three key participants in the DAEX ecosystem, which are:
The DAEX Foundation:
The DAEX Foundation is a registered company in Singapore which has founded this project. This company is working to develop all the solutions promised by DAEX and market these solutions within the crypto industry so that new crypto exchanges can join the DAEX ecosystem. The founders will manage all the funds invested by investors from all across the globe and they ensure a sustained growth of this platform by using the invested funds.
Common users:
DAEX is inviting investors to invest in this platform and enjoy the advanced trading solutions offered by the DAEX Hybrid Exchange. It will provide every user with a secure wallet that they can use to hold their assets safely and use them for receiving funds and trading.
Crypto exchanges:
The DAEX ecosystem is inviting new exchanges to join its revolutionary ecosystem and provide the wallet users with secure and reliable trading solutions. The joined crypto exchanges can use this platform to offer the users with crypto trading solutions during the initial phase and crypto derivative trading service in the future. Every trade matched will be sent to the DAEX clearing service and confirmed.
The DAEX CaaS System:
Both centralized and decentralized cryptocurrency exchanges clear all their trades. It is a risky process because thus clients’ crypto assets get exposed to both internal and external threats. This type of infrastructure also prevents traders from using all of their funds because different exchanges require different amount of capital for trading. The existing cryptocurrency exchanges fail to utilize all the resources they have because they need to clear all the trades take place.
The DAEX ecosystem is featuring the CaaS system that is powered by the blockchain technology. This Clearing as a Service system offers clearing solutions by using cloud mode. It does not support a group of people or any organization. This system will serve the whole crypto industry and to its unbiased nature will encourage many new exchanges to be a participant within the DAEX ecosystem. The cryptocurrency industry can grow faster and safer if crypto exchanges use the CaaS service offered by the DAEX ecosystem.
