Cryptocurrency in a short time entered the market and gained popularity, despite this, it remains difficult to use, and the average user who just heard about bitcoin will not be able to buy it immediately. Even at the time of creating a wallet, you can confuse the keys, if you do not know what they are used for, and the exchange of cryptocurrency for Fiat currency can completely remove the desire to communicate with this market. There are already a considerable number of transactions, each of which has its advantages and some disadvantages. If you do not understand in detail in this matter, you can lose a lot of time to conduct transactions and even remain without their funds.
New DAEX company aims to simplify all necessary operations and merger of stock exchanges on its platform that will make the cryptocurrency more secure. The platform will combine the advantages of both centralized and decentralized exchanges.
DAEX is a clearing crypto pleura, which uses the blockchain technology and smart contracts, due to this, DAEX will be the safest, compared to other platforms. It is thanks to this type of mediation that you can increase the level of security, and increase confidence in the crypto-currency market.
DAEX Features
The new platform will help solve the most pressing issues and will open more opportunities for each user. It is a reliable platform from which each participant will receive many advantages.
DAEX aims to solve the following issues:
- - currency security
- - Lack of financial settlements
- - level of reliability of the clearing work
The developers are trying to create a distributed system that will work thanks to the multi-clearing protocols, based on the blockchain system. The platform can blockchain transactions that have a low level of reliability, use authentication using tokens, and the operation will be restructured.
DAEX will serve both digital exchanges and users, thanks to the multi-currency purse it is possible to work with the cryptocurrency and at the same time confirm your identity.
The main task of the new platform is the unification of exchanges and exchangers into one large system, the functioning of which will take place with a non-cash settlement.
Advantages of the new DAEX platform
An important detail, which every owner of cryptocurrency worries about, is safety and preservation of all funds, so the new system applies the maximum amount of effort to meet this requirement.
Using unique technologies and a security key with the option of recovery will help ensure that every user is guaranteed the execution of all transactions. Thanks to the consolidation of locking and cleaning, each operation will be as safe as possible, which increases the trust of users.
The new system will be fully open for new exchanges that will meet the requirements of the platform.
DAEX will become the common base of all crypto-exchange exchanges and exchangers, due to which the turnover of assets will increase, as well as their liquidity. A new, reliable platform allows you to create a large number of opportunities for both traders and users in investing and managing assets.
Use of site clearing
Clearing is a non-cash settlement, which is already being performed between banks and countries. This is a mutual accounting service that occurs between companies, for example, one company is engaged in the production of equipment, and another company produces parts, and there are a constant buying and selling of goods between them.
The clearing organization allows for settlements at the end of a certain period, for example, at the end of the year, instead of paying each time. In the specified period, the company that remained owed money pays the remainder.
The same system will be used on the exchange, the client will be able to place the application using DAEX wallet, all bids will be compared on the trade, and the information on user accounts is updated thanks to smart contracts. Traders, and users in investment and asset management.
ICO Details
- The cost is 5120 DAX - 1 ETH
- Number of tokens - 2,000,000,000
- Soft Cap - 35 154 ETH
- Hard Cap - 117 180 ETH
- Start of ICO - September 9, 2018
- Completion of ICO - September 14, 2018
Summarizing
DAEX is a unique project that will give more opportunities in the cryptocurrency market; I think that the project is up-and-coming. New functions of the platform will provide users with more profitable transactions in the shortest possible time.
Links that you can use when studying the project:
Official website
Whitepaper
Bitcointalk ANN Thread
Bitcointalk Bounty Thread
Telegram
Twitter
Bitcointalk Username: CapnBDL
Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=212645
My Ethereum address: 0x577FA2553Af35908072Af7fc61270fd98022002b