PARAMOUNT DAX - Cryptocurrency Exchange & Trading Platform, giving ...

Overview

Since the invention of blockchain technology, developers have created thousands of cryptocurrency that focus on various economic sectors such as energy, agriculture, banking, shipping and many others. At present, the capitalization of the cryptocurrency market is valued at more than $ 610 billion. Despite the fact that the cryptocurrency market is still a growing market, there are more than 1500 cryptocurrency today and many more to come.

Cryptocurrency exchange is an online platform where you can exchange one cryptocurrency for another cryptocurrency or sometimes for Fiat currencies. The majority of crypto exchanges currently only provide basic features - such as buy and sell orders - which are not good enough for traders who want to apply order limits and stop loss orders. Trading costs on traditional crypto exchanges are very high. With every trade you make, a specific percentage of your order activity is deducted as an exchange commission for trading even if you experience a loss.

Many exchanges are currently released with good security features, low cost and with full support to overcome problems faced by customers. However, this cryptocurrency faces countless challenges such as listing on exchanges, difficulties in trading, high volatility, secure transactions, coin deposit problems and high risks involved among others. The new Exchange that is currently being developed with the latest features that will make trading easier is Paramount Dax.

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About Paramount Dax
https://www.paramountdax.io/

Paramount Dax is a trading market that is different from other exchanges and not just ordinary crypto exchanges. Paramount Dax will provide maximum income when trading.

ParamountDax is Completely - Developed from scratch, ready-to-use products are implemented as a modern-day crypto trade exchange.

Purpose:

ParamountDax aims to provide an advanced trading platform that truly serves the needs of the crypto community by offering an intuitive user interface, instant liquidity, multilingual and real-time customer support and by enabling smooth, safe and risk-free trading opportunities with minimal costs.
ParamountDax aims to revolutionize cryptocurrency trading by serving as an ideal platform for crypto-to-crypto and crypto-to-fiat trading while also solving problems faced by the crypto industry today.

As one of the few crypto exchanges licensed before its launch date, ParamountDax serves the real needs of the crypto community. In this case, we are creating a decent, safe and secure decentralized hub for your crypto assets.

We are committed to strengthening the reliability of your financial operations at ParamountDax and to ensuring a fair listing policy and making money.

Feature

ParamountDax allows you to easily manage all your digital assets in a trade exchange that offers you:

• smooth, safe and risk-free trading opportunities with minimal costs
• intuitive user interface
• instant liquidity
• multi-language and real-time customer support.

We envision ParamountDax as one of the fastest exchange, payment transfers and peer-to-peer transaction networks in the world - out of 10,000 transactions currently / sec supported by ParamountDax, we increase up to 2,000,000 transactions / second by adding cloud hosting and load balancing from each blockchain node separately into the network.
Your ParamountDax wallet is made to support the fast management of your crypto trading.

For this reason, we created a platform that included:
• Over-the-counter (OTC) trading: Europe's first OTC crypto trading desk, ParamountDax allows flawless operations of large crypto assets without the need for escrow or lawyers.
• Institutional trading made easy.
• Special trading indicators that track and help you with the real-time profit and loss data you need.
• 46% Daily Profit.
• Stop the limit options and stop the loss order which empowers you to make more efficient decisions.
• Custom APIs allow the platform to benefit from continuous improvements from third-party developer contributions.
• Customizable dashboard.
• Benefits of strong referrals

The solution

Security issues are resolved We follow a two-way approach to ensure user security and exchange.

The steps we take in this regard are:

ensure user safety
Ensure exchange security

User safety

Some protocols for user security are:

Two-factor authentication

To enter the ParamountDax website, users will not be allowed only through the 'login + password' access type. ParamountDax will enforce safe 2FA protection for clients. By default, weak 2FAs such as OTP / Google Authenticator / SMS will not be allowed or will only be tolerated temporarily, because this method is vulnerable to phishing attacks. In this way, attacks similar to those in Delta Delta will be avoided.

Password strength assessment

To ensure passwords remain strong and difficult to guess, users are allowed to create passwords that exceed a minimum of 8 characters. In addition, passwords must be a combination of uppercase and lowercase letters, numbers, and special symbols.

Email account creation

A user needs to verify their account via the email he has registered. This ensures that in the future, users will be able to recover their accounts if they forget their login ID or password.

Verify the IP address via email

A user who is logged into their account is allowed to access their account only when they log in from a verified IP address. For new IP addresses, users need to confirm via a confirmation link emailed to their verified email (created with the user's account).

IP address validation at the time of withdrawal

For each new withdrawal, users need to validate their IP address via registered email.

Email notification

For every login, successful or not, the user will be notified by email. Likewise, withdrawals are also notified via registered email.

Exchange security

Secure protocol

ParamountDax has implemented security protocols such as: Secure Header on HTTP Request / Response such as: X-Frame-Options, X-XSSProtection, HTTP Only, Set the Safe flag.

CSRF Protection

Counterfeiting Cross-Site Requests (CSRF) for victims of fraud will be reported to the Administrator.

Avoid being suspicious

Suspicious users will be prevented by the xss-clean method which also prevents the uploading of malicious files.

Authentication & detection

Authentication & Detection will be given by ParamountDax to make transactions fulfilled by participants for trading.

Prevent DDoS attacks

DDoS attacks can be prevented using periodic penetration testing, Custom WAF rules, security notifications, etc.

Secure web services

ParamountDax will offer a DDoS protected hosting solution that can be customized and available with network and application-level firewalls. ParamountDax will use secure HTTP headers such as HSTS to enforce TLS encryption, and keep passwords salty and hashed.

Security audit

To ensure maximum exchange security, ParamountDax will conduct periodic security audits so that vulnerabilities can be avoided. For the patience of traders, we will sign regular contracts with several External Audit Agencies. The Company's Audit Name will be immediately communicated through the official ParamountDax social media channel.

Liquidity is offered

To overcome liquidity problems and allow users to instantly trade their digital assets, ParamountDax will add its order book to the collective collection server - order books that are shared among various crypto exchanges. In this way, even if there is not enough liquidity on the exchange, it will be available through a collective pool. This allows users to trade transactions quickly.

Token sale

Below are the details of the PRDX token sale along with the minimum transaction amount.

• Start Pre-Sales
May 18 201911: 00 (UTC + 1)
• ICO Soft Cap of $ 1,750,000
• Participation in

EUR, USD, BTC, ETHUSDT, B2BX, DASH, LTCNEO, XRP, PAX

Public Sales

• ICO Starting June 24, 2019.11: 00 (UTC + 1)
• Close Middle ICO $ 4,250,000
• Token ERC-20 Standard

Personal Sales

• Starting August 20 201911: 00 (UTC + 1)
• ICO Hard Cap $ 9.31 million
• Decimal 9
• Provides 100,000,000 PRDX Tokens
• 1 PRDX Token Price from 0.15 USD
• Tokens for 75,000,000

Purchase

• Minimum 500 PRDX
• Softcap $ 1,750,000
• Middlecap $ 4,250,000
• Hardcap $ 9,310,000

Roadmap