DEXAGE ; AN IMPROVISED DECENTRALIZED EXCHANGE

aflozy (36)in #blockchain • 6 years ago

INTRODUCTION

The demand for cryptocurrencies and their usage continues to increase in line to the emergence of innovative, cost-efficient platform and technologies in various markets throughout the world, hence the need to create an exchange where cryptocurrencies can be exchanged. However, trading cryptocurrencies on the other hand as been another major barrier which many are yet to understand. Many exchanges do not make trading and security easy for new investors hence making cryptocurrency difficult to trade. Many investors get scared due to the risk involve in trading cryptocurrency. This therefore brought about the introduction of DEXAGE PLATFORM coming with a critical solution to provide answers to this challenge.

THE CONCEPT OFDEXAGE

DexAge is a Decentralized Exchange platform, enabling P2P crypto to crypto exchange, crypto-trading, crypto-fiat trading, P2P lending and chat on DAPP, using a user-centric approach where the whole platform would be driven by social web.
DexAge is an exchange that will take advantage of the blockchain technology and create a permission less, trustless and decentralized P2P trading and P2P lending platform which intermingle safety and independence in the crypto-trading procedures. The main goal of DexAge is to invent a user-centric bionetwork where the firm and its customers jointly take advantage of one another and nurture and progress collectively.

Dexage will take a shot at a decentralized system of chains, all exchange activities will be checked and keenly guarded against cracking due to their dependable circulated engineering. DexAge comes with a value proposition and experience of an efficient cryptographic money one-stop-shop exchange solution center that utilizes a block-based distributed, decentralized and value-based arrangement.

EXPONENTIAL FEATURES OF DEXAGE

P2P CRYPTO TO CRYPTO EXCHANGE
The decentralized DXG platform will permits P2P crypto to crypto transactions that will endows the users with comprehensive control over the inter flow of the monies on the system. All the dealings would be synchronized by smart contracts which would be in charge for implementing the trade payment. The part that will be played by DexAge throughout the whole crypto-exchange progression is to authorize the existence of necessary capitals in each party’s account, determine the trustworthiness of the contracted deal and equal the trade demands from its mandate book in case the business deal is accepted.

P2P FIAT-CRYPTO EXCHANGE
the DXG platform will give its diverse located users the opportunity to interchange their crypto possessions into fiat money, thereby humanizing the liquidity of DXG in the process.

P2P LENDING : The Dexage gives an assurances the best peer to peer loan service by using crypto assets as collateral security to obtain such loans from Dexage. However, DXG will play a pronounced role in this functionality. It is a outstanding pace taken towards mainstream cryptocurrency adoption by Dexage team, making the project outstanding. All intended Debtors and lenders can make use of integrity score from user profile's trading history to know if a user is trustworthy or not before implementing loans. The end result would be a smart loan system guaranteeing no default and or loss of capital. At the expiration of the loan, if only the whole payment is received by the lender does the collateral go back to the borrower.

DAPP ON MOBILE PHONES
To endorse the notion of a user-centric design, DexAge invented a P2P portable dialog application where customers would be capable to employ in diverse exchange -related events along with conversation. The four fundamental amenities that can be availed by the users of the application are as follows:
i. Crypto to crypto Exchange
ii. Escrow trading
iii. P2P Lending
iv. DXG chat

DEXAGE TOKENIMICS

SYMBOL; DXG
SOFT CAP; 5,000,000 USD
HARD CAP; 24,000,000 USD
TOTAL TOKENS; 5,000,000,000 DXG
TOTAL CIRCULATING SUPPLY; (55%) 2,750,000,000