Let me start with the two keywords decentralized and centralized , decentralized exchange is an exchange market that does not rely on a third party service to hold the customer's funds. ...
A centralized exchange is a website that handles the trading of bitcoin to fiat or other cryptocurrencies. An exchange's purpose is to allow you to trade due to many inefficiencies and diminishing trust of centralized exchange brought the idea of swiftlance decentralized exchange
Introduction to swidex exchange
It is a decentralized crypto exchange that is built on ethereum protocol, it is very fast, secured and easy to use for peer to peer digital assets trading. Let me differentiate between centralized and decentralized exchange
Centralized
1 Exchange have total control over users funds
- Personal Documents Require ( for some features ) which can be sell to another organization
- Maybe Face with Downtime or Hacking Could Happen due to all funds in charge of the exchange
- Fees are too expensive compare to decentralized exchange
5 it have central administration and all complain follow bureaucratic process which slow down everything
Decentralized exchange are just the solution to above problems of centralized
1 User Control Their Own Funds
- Anonymous
- No Hack for Central Server or No Downtime
- No Trading Fees
- No Personal Documents to Apply
Swidex tokens specifications
Blockchain : erc20
Supply: 5 billion
Symbol : swdx
Price: 1 ETH= 2,000,000 SWDX
Conclusion
Swidex is a decentralized crypto trading exchange that is fast, easy to use and formulated solutions to problems crippling centralized exchanges . The token is an utility token of the platform that will do well in the market
Contact us
Website http://swidex.trade/
Whitepaper : http://swidex.trade/swidex.pdf
Telegram : https://t.me/Swidex/
Author btt username : supremacy1