DEEX – The New User Friendly Decentralized Cryptocurrency Exchange
A storm has hit the investment market which we are not going to recover from. Crypto investment is that storm. With strict capital controls in place by most countries to control the flow of money and charge high taxes, cryptocurrency gained usage in circumventing capital controls and taxes, leading to an increase in demand. Cryptocurrency has been able to present an easy to use digital alternative to fiat currencies. Offering frictionless transactions and inflation control, investors have been prudent enough to add these currencies in their diversified portfolios as an asset, as the size of the market does not represent a systemic risk. Cryptocurrency employs the use of cryptography that assures high-security processes and verifies transactions personal to each user. Hence, counterfeiting and anonymous transactions are impossible to achieve.
While this revolution is gaining wide acceptance, DEEX Exchange, a convenient and reliable cryptocurrency exchange that provides a high level of security for your funds has arrived.
“The number of cryptocurrencies and exchange platforms are increasing each year. Currently, there are 190 exchanges, compared to 70 exchanges three years ago, on 15 March, 2015. Demand to buy and sell is also growing as the number of cryptocurrencies and trading platforms increase.
There are currently 1,568 different cryptocurrencies available, as at 21 March, 2018. This breaks down to 654 tokens and 914 coins. It all started with bitcoin, which was first released on January 9, 2009, and various versions launched in the following years. The first experiments in altcoins started happening in 2011 with Namecoin, iXcoin, SolidCoin and others being developed and released. Litecoin followed soon after in the same year.”
With that being said, Deex decentralized ecosystem is based on the BitShares 2.0 platform and it’s goal is to create a platform that replicates the features and functionalities of centralized exchanges without their major shortcomings, including security threats, unfair competition, dangers of sanctions, political factors, and more.
But before we go any further, please check out this video presentation to get even more acquainted
Now that I have your attention, let’s get right to it.
What exactly is DEEX?
As depicted above, DEEX Exchange is a convenient and reliable cryptocurrency exchange that provides a high level of security for your funds. Trade on DEEX using the most popular digital assets and make a profit now. Deex is a decentralized platform which provides individuals a reliable and convenient way to quickly trade, buy or sell cryptocurrencies with help of the most popular payment methods for the fiat currencies available in the country of his/her residence.
In addition, today’s centralized exchanges, for example, are exposed to a number of risks like security threats, unfair competition, danger of sanctions, and more. These exchanges keep all customer funds and data in a single, centralized place, creating a major security threat. Over $500 million in cryptocurrencies has been stolen from centralized exchanges to date.
Deex aims to solve this problem by creating a decentralized exchange with all of thee features of a centralized exchange. Clients have complete control over their funds, while still enjoying features you would expect when dealing with the BitShares 2.0 (Graphene) blockchain, described in a Deex press release as “an extremely fast and reliable platform with not a single hacking record since its creation.”
Deex intends to create a fully decentralized exchange that can be easily used by the novice user, but also offers everything for the experienced trader. Decentralized means that there is no central authority behind or in between that determines everything and charges high fees. Something we need cryptotraders! The platform is completely decentralized and everything is visible and transparent on the blockchain. The team behind Deex has big plans for the exchange and has described all this in the whitepaper. There will be a special debit card that is linked to your Deex account and a private network of crypto payment terminals will be created. The long-term goal of Deex is to create an entire decentralized financial ecosystem.
About The DEEX Platform
The DEEX platform is going to be a decentralized exchange platform for cryptocurrencies incorporated with fiat payment gateways native to the buyer’s region
DEEX – The perfect decentralized crypto exchange
DEEX is the perfect decentralized crypto exchange in the world. The DEEX network does not have a single decision-making center, which makes IT invulnerable for any kind of attacks. This means that no one else will be able to take your money, neither the administration of the exchange, nor hackers, nor authorities. Your money belongs only to you.
DEEX is the only crypto exchange that protects user`s transaction data. DEEX.hide technology makes impossible for outsiders to track information about the movement of your funds and your contacts. Welcome to the truly anonymous crypto exchange.
Do you want to become a crypto exchange’ co-owner? Get DEEX now! https://deex.one/
The Features and Benefits
Modern user interface that can be used in all modern browsers.
Mobile app for iOS and Android and a desktop application for the computer.
Tecnical support to users 24/7.
Referral program, where you can invite friends and family and earn an extra pocket money.
A built-in P2P messenger.
A decentralized, transparent blockchain fund called the Deex.fund.
Hardware cryptowallet support for cold storage of cryptocurrencies and tokens.
Trading robots for automatic trading.
A platform where companies can safely conduct ICOs with the decentralized escrow toolkit from Descrow.org.
Cryptocurrency debit cards linked to users’ wallets on Deex for integration into fiat gateways.
An API for the integration of third party applications and services within the Deex platform.
A network of crypto ATMs where users can exchange fiat currency for cryptocurrency in the real world.
Bitshares 2.0 is a high-tech decentralized platform based on the blockchain, allowing to create highly efficient financial “smart contracts”, for all spheres of economic activity, which are used on the Internet To provide their services. The Bitshares 2.0 platform gives users a number of undoubted advantages in using:
High performance-up to 100 000 transactions per second;
Trade in cryptocurrency with a stable price (Bitassets/Smartcoin);
Dynamic Account Permissions (for the corporate environment);
Recurring & Scheduled Payments – recurring and planned payments;
Referral Program of rewards;
User-Issued Assets (UIA) – assets created by the participants of the platform;
Transferable Named Accounts – Natural names of accounts;
Delegated Proof-of-Stake Consensus (DPOS) – Delegated proof of participation.
Advantages of Deex
At the first stage of development, Deex wants to create a reliable, convenient and multifunctional cryptocurrency decentralized exchange (on the Platform Bitshares 2.0 with the integration of full functionality of Openledger exchange and other analogs of DEX-exchanges). At the time of the ICO, DEEX there will be an MVP of the exchange and will be traded.
The task is to make the functionality of the exchange comfortable for solving the current problems of traders at the first stage and to implement the following functions in subsequent stages:
A platform for the safe conduct of ICO together with a decentralized escrow tool from DESCROW.ORG. Deex will be used as a platform for conducting ICO perspective projects, our specialists will carry out the analysis of projects, To help them receive funding from a permanent Investors in Deex tokens will receive a share of the proceeds of the ICO;
Platform for the creation of decentralized transparent block chain of Cryptofund under the management of professional traders of Deex team and issue of corresponding fund token with automatic placement of it on all DEX-exchanges, and on leading Centralized cryptocurrency exchanges;
Cryptocurrency debit cards with the reference to purses of users on Deex and integration into Fiat gateways, allowing on the fly to convert cryptocurrency into Fiat at payment by card in retail outlets;
API for integration of third-party applications and services with the Deex platform;
Creation of own agent network of crypto maps on purchase and sale of cryptocurrency for Fiat with the possibility to work with bank cards.
About The DEEX Team
The DEEX team is a reputable team of experts. The team members include;
Anton Matyuhin, an investment professional with more than 12 years experience,
Vladislav Sapozhnikov, who has a firm academic background in finance and banking. Other team members are Peter Grubber, Konstantin Pomaskov, and Timofei Ra.
DEEX also has a team of advisors comprising;
A well-known banking specialist Andrew Girin and
Yuri Milyukov who is the founder of Inkombank and also the chairman of the exchange committee of the Moscow Commodity Exchange.
Other advisors to the DEEX project include;
Victor Ageyev, Denis Soldatov, and Andrey Voronkov.
Be a part of this incredible project. Download the whitepaper for the full scoop.
Till next time…
For more information, please visit:
Web site: https://deex.exchange
My Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=2487106
Disclaimer: This article was published in terms of the bounty campaign. I am not a project team member or its representative but a supporter of this incredible project.