Digital Ticks Crypto Exchange With Blockchain Technology

shalamenda (26)in #digitalticks • 7 years ago (edited)

A First ever commodity - crypto exchange well designed by traders for traders. Digital Ticks Exchange (DTx) is just not another crypto to crypto exchange but is also a semi-algorithm platform provider in its own. DTx plans to cater to all types of crypto assets as well as a commodity to crypto assets. DTx would be power packed by a lot of advanced features including all the basic features of an exchange required by a novice trader to a professional trader as well as for a high-frequency trader. In terms of security, DTx is taking extra precautionary measures to avoid any kind of hacks like DDoS attacks, phishing attempts and by also performing vulnerability assessments and penetration testing. DTx has installed robust technologies behind the scene that could handle the heavy volatility of the crypto markets as well as commodity markets which can handle up to 1,000,000 orders per second.

Digital Ticks Exchange team believes in robust technology, ahead of industry standards in terms of providing customer service to its stakeholders as well as traders. Digital Ticks Exchange team ensures all its traders to have a smooth and user-friendly trading experience.

Digital Ticks Exchange would not levy any transaction charges for first few months of inception thereby giving traders to trade on zero transaction charges. DTx would give volume-based incentive for the high-frequency trader (HFT) which would give them scope for retaining higher profitability in the trade.

BLOCKCHAIN TECHNOLOGY

Blockchains are secure by design and are an example of a distributed computing system with high fault tolerance. Decentralized consensus has therefore been achieved with a blockchain. This makes blockchains potentially suitable for the recording of events, medical records, and other records management activities, such as identity management, transaction processing, documenting provenance, food traceability or voting.

Benefits of Blockchain Technology :

➢ Decentralization
➢ Transparency and trust
➢ Immutability
➢ High availability
➢ Highly secure
➢ Simplification of current paradigms
➢ Faster dealings
➢ Cost saving
➢ Peer-to-peer global transactions

DIGITAL TICKS EXCHANGE (DTx)

➢ Features – (To be rolled out on the platform in following order)

• Crypto- Crypto Currency Pair
• Commodity- Crypto Pair
• Spot Trading
• Futures
• Algorithms & High-Frequency trading
• Decentralized (on-chain) exchange
• Much more for ease of doing trading…

➢ Trading Coins / Commodities Digital

Ticks Exchange would support following trading coins/commodities:
• BTC
• ETH
• LTC
• NEO
• DTx
• GOLD
• SILVER

More trading pairs would be added over a period of time as per the demand of the trading community. If you wish to list a coin or any other financial instrument on Digital Ticks Exchange in future, participation in a token sale will help.

➢ Security

We value and protect your privacy and the security of your wallet. Digital Ticks Exchange team has undergone lot of security checklist to keep client assets and personal data safe. Funds not necessary for immediate withdrawal are held in secure offline air gapped cold storage.

Cold storage in the context of Bitcoin refers to keeping a reserve of Bitcoins offline. This is often a necessary security precaution, especially dealing with large amounts of Bitcoin. Digital Ticks Exchange typically offer an instant withdrawal feature, so to minimize the possibility that an intruder could steal the entire reserve in a security breach, we will follow a best practice by keeping the majority of the reserve in cold storage, or in other words, not present on the web server or any other computer.

➢ Multi Signature Wallets

Digital Ticks Exchange would be using Multisignature (often called as multisig). Multisig is a form of technology which is used to add additional layer of security for cryptocurrency transactions. Funds can be withdrawn through Multisig wallet only if 2 out of 3 registered signatures matches on Blockchain Technology

➢ Two-factor Google Authentication (2FA)

Digital Ticks Exchange enforces two fatwo-factorntications (2FA) at the time of log in as well as at the time of withdrawal of crypto assets. Withdrawal of crypto assets would also require an email confirmation to protect the security of the user.

➢ DDoS protection

Digital Ticks Exchange would be using DDoS protection for its exchange to protect their users from any type of hacks. A DDoS (Distributed Denial of Service) attack is an attempt to exhaust the resources available to a network, application or service so that genuine users cannot gain access.

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DTx TOKENS DETAIL :