With the rapid growth cryptocurrencies over the last few years, the number of people showing interest in cryptocurrencies has expanded rapidly. In the initial stages of the crypto economic development, #centralized #exchanges were the more preferred option because they are easy to use, easy to access, and provide advanced trading functions such as margin trading, stop-loss, lending and others. However, these centralized systems are exposed to a number of risks such as security threats, unfair competition, danger of sanctions, political factors, and much more. Till date, the amount of stolen customer funds from centralized exchanges amounts to almost $500 million.
DEEX promises to solve this problem by building the world’s first #decentralized #exchange with functional benefits close to a centralized exchange, but without its permanent security threats and sanction risks.
What is Deex?
Deex is a decentralized cryptocurrency exchange preparing to launch in the near future. The exchange conducted a pre-sale and token sale in January 2018. As of January 16, 2018, the company’s token sale has raised over 4,000 ETH, with a total of 2.4 million deex tokens sold.
When the exchange launches, Deex plans to offer 10 cryptocurrencies available for trading, including bitcoin, Ethereum, and altcoins. The goal is to create a “reliable and convenient” platform where users can quickly trade cryptocurrencies using common fiat currency deposit methods available in their countries.
The long-term goal of Deex is to create more than just an exchange: the team wants to create an entire decentralized financial ecosystem.
The token sale for deex tokens began on January 10, 2018. A closed pre-sale took place towards the end of 2017.
The platform is actively in development by a Russia-based team.
Advantages of decentralized crypto exchanges
At the present moment there are two types of exchange platforms — centralized and decentralized. The main differences between them are the following:
Centralized Exchange: all the main decisions are made by one governing body (center) and all participants depend on these decisions and almost never can affect them. Participants must keep their funds in the Exchange’s wallets.
Decentralized Exchange: it does not have a single decision-making center by all issues. It provides all participants with equal conditions and provide a platform where they can trade directly with each other.
Decentralized Exchanges is a fairly new phenomenon in the cryptocurrency world where all participants have an equal rights and opportunity to take part in the management of the Exchange’s activities and to perform any operations of cryptocurrencies exchanging among themselves, holding money in a personal wallet but not in a third party’s wallets (as it realized in centralized Exchanges). Their very important advantage is the highest degree of #data #confidentiality. Decentralized exchanges are #BitShares, #OpenLedger, #RuDEX. However , one of the biggest advantage of decentralized cryptocurrency exchange is high performance and low transaction cost.
DEEX is the perfect decentralized crypto exchange in the world. The DEEX network does not have a single decision-making center, which makes IT immune to all types of attacks. which means that no one else can take your money, both the exchange administration, and hackers, as well as the authorities. Your money is only yours.
Deex Exchange ICO is completed on February 28, 2018. Now the DEEX token is traded on the following 4 crypto exchanges:
https://alpha.deex.exchange
https://btc-alpha.com
https://sistemkoin.com
https://trade.stex.exchange
Recently the governments of various countries began to suppress cryptocurrency currency exchange. On January 10, 2018, there was a historic event - the launch of the Deex ICO company. Already in the first 2 weeks, pre-sales were collected more than one million dollars!
DEEX invites you to take part in the Bounty 2.0 program, deex starts on October 12, 2018 and will last for 3 months. Deex campaigned for 100,000 USD in equivalent deex tokens, which can be exchanged on the exchange and that would lead to an increase in the value of the token.
Deex provides a reliable and convenient platform for trading, buying or selling cryptocurrency quickly with the help of the most popular payment methods for fiat currencies available in the country of residence. Initially more than 10 cryptocurrency will be available for exchange including Bitcoin and Ethereum and many other altcoins.
A total of 3410.44 ETH were collected for one month presale! ,
PRESALE + ICO RESULTS:
Funds collected 11 623.00 ETH
Tokens sold 60 665 829
Account created on DEEX 14499
A user-friendly cryptocurrency decentralized exchange that ever existed. Including blockchain traded funds, p2p messenger decentralized financial blockchain, the ICO platform and a portfolio of high-end inhouse projects for investment.
Deex Features and Benefits:
The long-term goal of Deex is to create an entire decentralized financial ecosystem. That ecosystem includes all of the following features and benefits:
Two factor authentication to give users enhanced security
A built-in P2P messenger
A decentralized, transparent blockchain fund called the Deex.fund
The ability to restore accounts after losing access to your password
High liquidity across a large number of trading pairs
24/7 technical support
Hardware cryptowallet support for cold storage of cryptocurrencies and tokens
Desktop and mobile applications for convenient trading
Trading robots for automatic trading
A platform where companies can safely conduct ICOs with the decentralized escrow toolkit from Descrow.org
A platform for creating a decentralized, transparent blockchain system for cryptofund managed by Deex professional traders
Cryptocurrency debit cards linked to users’ wallets on Deex for integration into fiat gateways
An API for the integration of third party applications and services within the Deex platform
A network of crypto ATMs where users can exchange fiat currency for cryptocurrency in the real world
Who’s Behind Deex?
Deex is led by Vladislav Sapozhnikov, the founder of Preprocessing Ltd and representative of Coinsbank in Russia. Other listed members of the team include Maya Zotova-Hess, Denis Soldatov, Yuri Milyukov, Andrey Girin, Ekaterina Tarasova, and Tatyana Maksimenko.
Deex Exchange ICO Conclusion
Deex is a decentralized exchange built on the BitShares 2.0 platform. The goal of the exchange is to avoid the problems related to centralized exchanges, including security threats, unfair competition, dangers of sanctions, political factors, and more.
The platform is scheduled to be developed between February and December 2018, with a fully functional decentralized ecosystem launching in late 2018 or early 2019. To learn more about Deex, visit online today at Deex.exchange.
Then Why Bitshares?
Bitshares 2.0 is a decentralized high-tech platform based on the blockchain, which makes it possible to create financially efficient "smart contracts" for all fields of economic activity, which are used on the Internet to provide their services. The Bitshares 2.0 platform gives users a number of undoubted advantages in using it, the benefits include:
decentralization
High performance up to 100,000 transactions per second
cryptocurrency trading at a stable price (Bitassets / Smartcoin)
Dynamic Account Permit (for company environment)
Recurring & Scheduled Payments - routine and planned payments
Appreciation Award Referral Program
Assets Published by Users (UIA) - assets made by platform participants
Transferable Named Accounts - Names of natural accounts
Delegated Proof-of-Stake Consensus (DPOS) - Proof of delegated participation.
ADVANTAGES OF DEEX
In the first phase of development, deex wants to create a reliable, easy-to-use and multifunctional cryptocurrency decentralization exchange (on the Bitshares 2.0 Platform with the integration of Openledger's full exchange functionality and other analogues of the DEX exchange). At the time of the ICO, DEEX will have an exchange MVP and will be traded.
Conclusion
It's strange that I recently learned about this project, especially considering that upscale Russian-speaking specialists stood behind it, who did not hide their faces and often appeared at various conferences in Russia, had many viewers on social networks, mostly speaking Russia.
Carefully study all the latest news about project developments and after reading the technical documentation, we can conclude that the developer has a serious plan to become one of the leaders in the foreign exchange market in the future, and because decentralized exchange is the future, opportunities for DEEX is very high.
FOR MORE INFORMATION PLEASE VISIT LINKS BELOW
Author: anelka
Website : https://www.datablockchain.io
Whitepaper : https://www.datablockchain.io/pdf/whitepaper.pdf
ANN : https://bitcointalk.org/index.php?topic=3361159
Telegram : https://t.me/DBCIO
Twitter : https://twitter.com/DBC_IO
Facebook : https://www.facebook.com/datablockchainio-210421122875853
Btt link: https://bitcointalk.org/index.php?action=profile;u=2273527
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