DAEX is an ecosystem about clearing that moves in digital assets. In today's digital industry, especially cryptocurrency, a real change is needed in the existing clearing system. So that later it can make convenience in making transactions on digital assets or cryptocurrency. Currently, the problem of clearing is still an obstacle for traders and exchange. So that synchronization is needed so that there are mutual understanding, comfort, and trust for the trader and the exchange. Because of that, it becomes a fundamental issue in the world of cryptocurrency investment that uses a clearing system. Timeliness and security become a necessity so that there is a good symbiosis between the trader and the exchange in making a clearing transaction. All of this aims to avoid conflicts that will occur in the future.
For that DAEX creates a clearing ecosystem that has a high level of security and a transparent system. So as to make it convenient for traders and interested parties. So traders and exchanges can work together and be comfortable. By utilizing blockchain technology all of that can be realized in a planned and orderly manner. Because everything will be regulated in a decentralized manner by running the clearing system and automatically the security is more secure with this blockchain technology.
DAEX also created its own wallet as one of the products from its project. This is a wallet that can later be used as a place to safely store various types of digital assets such as other pre-existing wallets. So that traders and investors are easier to secure their digital assets. In DAEX clearing its own ecosystem, the role of the exchange is also very large. Because it has a significant influence on the success of the digital asset transaction process of traders or investors. Clearing that occurs must be easier, faster, and has a high level of security so that traders can be comfortable in making transactions in the exchange. DAEX bridges the trader and the exchange with the help of the wallet that was created earlier so that it can speed up the transaction process. So that existing digital assets from traders can be channeled through the wallet to the exchange account that DAEX has provided quickly. The wallet used by DAEX adopts the ERC20 Smart Contract platform.
This project also created a digital product in the form of a token named DAX. Token was later used as a transaction tool in the investment mechanism and trading digital assets through an exchange. DAX tokens are introduced to the general public and sold through the ICO sales system at a price of 1 DAX = $ 0.007. The ICO sales will begin on August 9, 2018 and end on September 14, 2018. And before the ICO process takes place, investors must follow the KYC process, which has a fixed time beforehand. DAX tokens have an allocation of 2 billion available and only around 30% are sold to the public. The payment system received for the purchase of DAX tokens uses BTC, ETH, NEO, QTUM. DAEX also works with Tokenomy in carrying out its ICO process. So investors can buy DAX through the Tokenomy web using USDT and TEN.
Currently, DAEX has collaborated with several exchanges including Indodax, LBank, BCex, Tokenomy, SD, Allcoin, and Xbrick. Hopefully, in the future there will be another big exchange that can cooperate with DAEX. Hopefully, with this project from DAEX it can create a level of security, the speed of clearing transactions between the trader and the exchange can be even better. So that it helps in the comfort of investing in cryptocurrency.
So a little review of DAEX, hopefully it can help in understanding the procedures and working systems. And always hope that DAX sales can succeed and succeed. For more information, please open the link provided below.
Web: https://www.daex.io/
Whitepaper: https://www.daex.io/daexPaper.do
ANN: https://bitcointalk.org/index.php?topic=2910479.0
Telegram: https://t.me/DAEXOfficial_en
Twitter: https://twitter.com/DaexBlockchain
Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=179345