DEEX: THE UNIQUE DECENTRALIZED CRYPTOCURRENCY EXCHANGE

Cryptocurrency exchanges assume a noteworthy role in the crypto space as they make the buying and selling and in addition to the trading of various coins and tokens possible.
Within the crypto space, there are two distinct sorts of cryptocurrency exchanges;
Decentralized exchange and Centralized exchange.
These two sorts serve a similar job; that is, they make trading of coins and tokens possible and yet they are different.

Decentralized exchanges, as the name goes, they obey or in agreement with the blockchain brought by Bitcoin; decentralization, that is, guaranteeing users are the experts of their funds, in this manner trading with one another on a peer-to-peer premise with no middlemen between them. Decentralized exchanges have a high level of information privacy as all funds are spared in users wallets. A precedent is BitShares, OpenLedger and so forth.

On the other hand is the second type of cryptocurrency exchange; Centralized exchanges which depend on the choice of the administering body, in this case, the central system. All users funds are stored in the exchange's wallet and the users have no other decision than to obey all choice that was spread out. Most users will, in general, utilize centralized exchanges inferable from the advanced idea of these exchanges, for example, ease of use, margin trading, stop loss, limit trading and so forth while its weakness is the high margin and instability of cryptocurrencies. A precedent is Binance, BitFinex, Bitforex and so on.

It is right to say that in spite of centralized exchanges having developed tools etc, the principal issues restricting these exchanges are the issues of centralization. This centralization leads to security and political risks, unfair competition etc.
The solution to these issues surrounding centralized exchanges is a cryptocurrency exchange known as DEEX.

WHAT IS DEEX AND WHAT IS AIMS ACHIEVE

DEEX is a cryptocurrency exchange dependent on BitShares 2.0 platform, in this way following the rationale of the first blockchain which is Bitcoin, in other words, DEEX is a decentralized cryptocurrency exchange.

The question will be, Why BitShares 2.0?
The answer is direct, BitShares 2.0 is an elite blockchain platform completely decentralized thereby permitting the creation of very effective smart contracts which can be utilized for money related purposes.
BitShares 2.0 offers;
a. Decentralization.
b. Up to 100,000 TPS.
c. Delegated Proof-of-Stake (DPOS) consensus algorithm.
d. Crypto trading with stable price and host of others.

That is to say, with DEEX being dependent on BitShares 2.0, DEEX will have the capacity to create a safe cryptocurrency wallet which can be utilized to send funds with as low charge as could reasonably be expected.

In addition, BitShares 2.0 platform makes it feasible for DEEX to complete buying and selling of coins and tokens, engaging users to create their very own cryptocurrency assets and in addition trading them, production of an ICO system, creating of accounts with escrow and additionally guaranteeing that all trading happening in the blockchain network is properly secure through DPOS algorithm, in this way prompting a straightforward, dependable and solid exchange platform.

Why DEEX Is Unique

Attributable to the nature of ICO in the crypto space today, as most ICOs are somewhat fraudulent, DEEX will add to the development of the crypto space by ushering a platform which will be ok for ICO activities with decentralized escrow (a toolkit from descrow.org.).
Owing to the way that one of the difficulties confronting the crypto space is the absence of a channel for currency conversion which will make it feasible for cryptocurrencies to be converted into fiat; DEEX aims to settle this issue by offering a platform where cryptocurrency debit cards will be connected to users wallet on DEEX platform while being incorporated into the suitable fiat gateways, thereby permitting the transformation of crypto to fiat.
Also, DEEX will likewise offer a strong platform for the formation of decentralized reliable blockchain network for cryptofund which will be legitimately overseen by DEEX professional traders.
Furthermore, On the planet today, the convenience of any platform can't be overemphasized, consequently, DEEX expects to Implement an API through which third-party applications can be incorporated into its platform in this manner making certain services simple and helpful.

CONCLUSION

DEEX is a remarkable decentralized cryptocurrency exchange dependent on BitShares 2.0 in this way making it feasible for DEEX to present to users a one of a kind, reliable and solid exchange where security and quick transactions will be of extraordinary need.
There will be easy to understand interface and exceptionally perfect with many browsers in addition to readily available support, a great number of trading sets, the capacity to recoup lost passwords and in addition 2-FA.