WEIDEX-A DECENTRALIZED EXCHANGE
INTRODUCTION
The digital currency that was first adopted globally was Bitcoin, which has created opportunities for different others digital currencies called Altcoin. This has prompted the attention of many investors in the world. The cryptocurrency investors need different exchanges and trading techniques to maximize the cryptocurrency market. Your success as an investor in the cryptocurrency market depends on how to analyze the market and trade efficiently. Currently, we have two different types of exchange called the centralized and decentralized exchanges. The decentralized exchange executes most of the transaction on the blockchain technology which creates transparent and fair transactions. The centralized exchanges are moderated by intermediaries that expose your crypto asst to hackers and increase the transaction fees.
INTRODUCING WEIDEX
The weiDex is a decentralized exchange based o blockchain technology that allows transparent and secure transactions. The idea WeiDex is trying to introduce into the cryptocurrency exchanges elimination of third parties involved in the various transaction processes. The exchange activities are done on blockchain technology which reduces the human errors to the barest minimum. The toke used on the platform can be bought with various blockchain based tokens.
OBJECTIVE
The platform will use a decentralized exchange and apply techniques that allow efficient trading on the platform. The central vision of WeiDex platform is to ensure decentralized cross chain exchanges for all users during trading and use of the platform.
THE CHALLENGES OF CRYPTOCURRENCY MARKET
The digital currency is the latest revolution in how transactions are been done by eliminating intermediaries and executing transactions in no time. The digital currency exchanges also have its challenges due to the volatility of the cryptocurrency and security issues putting off potential investors. This has reduced the growth of the cryptocurrency market globally. The WeiDex platform is offering its users a decentralized exchange that will change how the traditional exchanges operate and thereby allowing the massive adoption of cryptocurrency.
WEIDEX PLATFORM INNOVATION
The WeiDex platform has different features for trading. This offers a transparent and secure exchange. Below are the various reasons why WeiDex platform cryptocurrency exchanges will allow the massive adoption of cryptocurrency globally:
Referral program
The WeiDex referral program is one of the first exchange that will offer 20% of the users invested fund as commission. There is no limit to the number of people you can invite to the platform and the more people you get to invite the more your commission earnings.Operational Cost
The weiDex platform makes use of the blockchain technology that executes transaction very fast and reduces all form of intermediaries. You will get the lowest transaction fee for using the WeiDex platform for all your transactions.Cross Chain Transactions
The WeiDex platform ecosystem will be executing all forms of transactions including the Cross chain transactions. The platform will be using atomic swap and the blockchain technology to implement it.Order Fulfillment
You can set as many orders you want while our smart contract based on blockchain technology execute the transaction while charging you for a single transaction.Amazing Security
The critical part of the cryptocurrency platform is the security of the stored or traded Crypto assets. The WEIDEX exchange will offer its users double encrypted security that will ensure the security of their crypto assets.
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WEIDEX TOKEN
The WDX token will be used for all transaction taking place on the platform. The holder of the token who used it on the platform will enjoy a fantastic discount. The WDX is a blockchain based type of token.
Token Detail
Token Name: weiDex
Token Symbol: WDX
Total Supply: 50,000,000 WDX
Token Type: ERC-20
Token Decimals: 18
ROADMAP
TEAM
CONCLUSION
The WeiDex platform aim is to make the decentralized exchange the primary type of exchange in the cryptocurrency market. The exchange will be secure, user-friendly and efficient as opposed to what we have in the centralized exchanges. The teams are also working on the way to execute cross chain transactions on the platform with the use of atomic swap and blockchain technology used.
USEFUL LINKS
Website: https://weidex.market/welcome/
Whitepaper: https://weidex.market/images/whitepaper.pdf
Facebook: https://www.facebook.com/WeiDex-163716047661387/
Twitter: https://twitter.com/weidex2
Bitcointalk Thread: https://bitcointalk.org/index.php?topic=4638484.0
Bitcointalk User Profile: https://bitcointalk.org/index.php?action=profile;u=1328480
AUTHOR'S DETAILS
Bitcointalk Username: Bountyfit!
Telegram: @odunayoipaye
Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=2256159
ETH Wallet: 0x7e45cfC9613022C736C6D821Bdd486588A5242d0
#WeiDex #IEO #TokenSale #startup #BountyCampaign #Investment #Cryptocurrency #Blockchain #Exchange #Crowdfunding