OVERVIEW OF PARAMOUNTDAX EXCHANGE

coolgeo (27)in #blokchain • 5 years ago (edited)

ParamountDax Exchange is an anticipating trading platform which will be launched soon. ParamountDax is technologically constructing a secure, user-friendly and unique cryptocurrency exchange where people can trade and exchange different kind of cryptocurrencies alongside fiats. It is very obvious that the traders had not been experiencing a swift trading all these while, but ParamountDax has come to build an Exchange that possess features that is quite different from what other Exchange has; with an aim to fill the pothole which is existing in the crypto marketplace.

SPECIFIC FEATURES OF PARAMOUNTDAX EXCHANGE

ParamountDax Exchange support OTC trading
Over the counter trading popularly known as OTC is a system where two or more people could trade with themselves with the consent of an escrow. ParamountDax decided to build such functions to solve the challenges of people looking for a guarantor or lawyers that will stand as intermediary before the deal could take place. Now, ParamountDax will stands as the escrow between two people that want to trade with each other. This will encourage people to trade with themselves to any length without further fear. The OTC trading will enhance institutional trading between one organization to the other.

Revenue Sharing
ParamountDax share their revenue with the traders on their Exchange. In all the profits ParamountDax Exchange make, they scheduled to be sharing 46% of it with the users of the Exchange. This is one of the important reasons while we must all be a stakeholder in ParamountDax Exchange so that we can all enjoy and have a share of the profits they made daily. Other Exchange that even try such program only share annually, but ParamountDax will be sharing the profits they made with the users of the Exchange daily.

Only the stakeholders of the Exchange are eligible to be sharing out of the platform revenue. In order to be a stakeholder, all you need to do is to buy and hold the Exchange token (PRDX). By holding the PRDX token, you will have a share out of the 46% profits the ParamountDax Exchange made daily.

Trade Indicator
No expertise can predict how a crypto market could be, we are only guessing and fomoing. The ParamountDax Exchange has a trading indicator that tracks the level of profits you made or your loss data so that you will know when to readjust yourself while trading. It is out of the loss and profits data you got from the indicator that will help you to know the trading principle you are going to use so that you will be making gain always.

Stop Limit
Stop limit is a tool that helps traders to automatically stop their trading depending on the settings. In ParamountDax Exchange, such tools is also available; traders can make decisions by setting it to stop at a certain gain or stop at a certain lost. This tool are more benefits especially once a coin price is going down.

Referral Program
The ParamountDax Exchange has a very strong referral program that will make people earn while referring new users into the platform. This program was designated to make sure that there are regular inflows of users into the Exchange, and this will indirectly increase the volatility of the Exchange.
The referral program of ParamounDax has three (3) generations. The first you invite is the first generation and also tag as your direct referral, while the people your direct referral referred is your indirect referral. This means you can enjoy the benefits of your direct referral and indirect referral. ParamounDax Exchange referral program helps the inviter to enjoy 17% benefits from his direct referral, 8% from the second generation of the referral and 5% from the last generation of indirect referral. If you can be inviting people into the Exchange, you will be making a lot of gain

Customizable dashboard
ParamountDax Exchange has a customizable dashboard; this means users can switch it into the kind of dashboard they want. The ParamountDax Exchange has a large interface which will help users to make use of the Exchange without taking much time to load. Even an amateur in the space can make use of ParamountDax Exchange because everything is ease and understandable.

PRDX TOKEN DETAILS AND TOKEN SALE

ParamountDax has launched an ethereum based token as their native token for the platform. PRDX token will be used to run some of the service of ParamountDax Exchange. The holders of PRDX token stands as part of the stakeholder of the platform and they will be eligible to share out of the profits the platform made. All the bonuses that will be offered by the platform will be presented with PRDX token.

For the sake of making the users part of the stakeholders of the Exchange, ParamountDax will be selling their token to the interested people. Though, the fund raised will be used to develop the platform.

There are different stages for the token sale; the private sale and the public sale.
For the private sale, the minimum dollars someone can has to qualify for it is $3500. The platform will be offering up to 35% bonuses to the investors that will participate on the private sale.

You need to join the whitelist by sending an email to this handle [email protected], and the platform will reply you immediately.

The public sale of PRDX token will take place at the official website of ParamountDax Exchange, with some bonuses as well.

Faster network speeds and instant transactions

By using state of the art technologies like Go, Apache Kafka and Docker,
ParamountDax exchange will be able to support in the launch stage up to 100,000 transactions
per second. As the community and user base grows, we will continue to scale out and optimize
the exchange to support a much higher performance with a goal handle up to 1,000,000
transactions per second with the latency of transactions is as low as 50 nanoseconds. Our
exchange is built from scratch with a lot of optimizations already build in the matching engine
and with more on the pipeline. To move past the 100,000 transaction per second limit we will
further optimize the codebase and deploy our solution on multiple servers in order to distribute
the load for each market pair in the most efficient way possible. Ultimately, this will make
ParamountDax one of the fastest exchanges in the cryptocurrency space.

IN SUMMARY

To all the wise investors out there, don't waste time in investing on PRDX token. The PRDX token has a huge potential for its value to grow in the future. It is a token with a back product which has license and worldwide accepted. Their burning program will give a huge boost to improve the value soon. I can place all my bets on this token, and that is why I want us to invest on PRDX token.

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