Preview of ResDEX, a Community-led & Privacy-focused Decentralized Cryptocurrency Exchange by Resistance
Team Resistance has given us a sneak preview of the anticipated ResDex Exchange, ahead of the scheduled launch to take place in Q2, 2019. Watch a preview and get a glimpse of ResDex in action, the upcoming DEX that has recently been awarded the best ICO of Davos19.
Said to be, the first privacy-focused decentralized Exchange, ResDex will be handed over to the community once the Exchange is operational and ready to make it's own debut. ResDex is set to overcome all the problems faced by traditional DEXs by essentially tackling the issue surrounding scalability, security and privacy, head on.
ResDex will be a community-run DEX that places emphasis on adequate privacy and high-security whereas the team behind the project, Resistance, will be in charge of development! Building a DEX from the ground up, the vision behind Resdex is to establish a decentralized exchange that features its own in-house privacy-oriented blockchain that helps faciliate private trading . By trade anonymously, the community lead Exchange can operate without the need to compromise on privacy or interference of a middleman.
Buy Cryptocurrencies with Visa/MasterCard
By integrating a fiat gateway, traders get to enjoy the convenience of buying Cryptocurrencies using a Mastercard or Visa Card. The third-party service is provided by Electronic Money Institutions (EMI), who possess the licence to provide solutions by Visa or Mastercard. This also means that ResDex will outsource obligations to KYC Provider and users are now given the choice of purchasing Digital currencies using Fiat currencies such as USD, Euro & Pounds.
User-Friendly Interface
Unlike, majority of outdated and clunky DEX, ResDex’s seamless UX interface is designed to ensure a hassle-free experience. Listening to the community and studying existing solutions, ResDex features a clean user interface that is intended to be used by both, amateur and intermediate traders. Everyone should be able to sign-up and immediately begin trading without the need to get all technical
Liquidity Problems? !
Working around the clock, team Resistance has been busy, securing deals such as a strategic partnership with Huobi MENA and Electronic Money Institutions. The partnership is meant to provide assistance to ResDex, as the exchange is partnering up with one of industry's most dominate liquidity provider, that manages to conduct billions in trade volume, every year. By collaborating with an established centralized Exchange and Fiat Gateway provider, Resistance ensures that, ResDex Exchange is able to operate with adequate liquidity through the help of third-parties.
Can't wait for ResDex to go live! Always interested in DEXs that feature their own in-house token. Made a fortune with Binance, Kucoin, Waves & CryptoBridge. There needs to be more hype for ResDex, but in a bear market like this, I wouldn't expect much. Great to hear about their strategic partnership with Huobi, the main reason I don't use DEXs is because due the lack of liquidity, hopefully ResDex can overcome this problem
Interesting! Didn't know that Huobi partnered up with ResDex, to specifically tackle liquidity problem. DEX are horrible to use because of low liquidity
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Very exciting project. Keep the content updates coming please!
Have you seen the Boxmining review?
Do look forward to this DEX, definitely looks user friendly. seems like team Resistance is seriously about releasing a privacy oriented Exchange
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