WEIDEX: UNIFY BLOCKCHAIN NETWORKS CRYPTO EXCHANGE PLATFORM
A simple Google search of the term 'Cryptocurrency trading' yields more than 25 million results. This is a sure indication that the subject of the cryptocurrency continues to hit the market with a resounding splash. However, despite all of the enthusiasms, Crypto exchanges have emerged the tool for profit from crypto asset ownership but they are far from being without their pitfalls. The exchanges, as a centralized point of sale, do not fit well with the idea of a decentralized financial system: they are not the only issue.
The challenges in the cryptocurrency exchange have been so far. Poor liquidity, poor market regulations, long process of compliance and complex integration are some other challenges plaguing cryptocurrencies.
WeiDex, found online at https://weidex.market/, is a fully featured decentralized exchange addresses. WeiDex aims to make the cryptocurrency trading market easier, safer, and cheaper for the cryptocurrency market consumers. WeiDex will secure a secure escrow service. The WeiDex business model aims to enable users to easily buy, sell or exchange a cryptocurrency without intermediaries.
All the logic is held by the smart contract. The reason for this is that people can not afford to lose their money. WeiDex supports all Ethereum based tokens and by the end of the year, WeiDex will also support Neo based tokens.
WeiDex stated that the platform will have both advantages of centralized and decentralized exchanges. However, centralized exchanges are known for its easy to use, easy to access (availability) and transparency. As a decentralized exchange, WeiDex also has advantages over other existing decentralized exchanges, including:
. Referral System Program: WeiDex is the first of its types, that offer 20% of users referral trading fees. More users you invite, more referral bonuses you will receive.
. Low Fees: WeiDex is developed in a very fast and efficient blockchain network. It will make the transaction on the platform is effective and efficient.
. Multiple Order Fulfillment: user can set numbers of order and the platform smart contract will make sure to take as many transactions as necessary to fulfill your request.
. Airdrop Program: The airdrop will occur once a month and will affect every unique destination that meets the trading volume conditions. The maximum amount of tokens each unique address can receive up to 250 WDX for the first 20,000 users who meet the trading volume requirement for the airdrop.
. Cross-Chain Transactions: It's the most advanced technology over cryptocurrency exchange platforms. Through the Cross-Chain Transactions, WeiDex will unify a different kind of blockchain (e.g. Ethereum and Neo) at the same platform.
The startup company will issue a cryptocurrency token (symbol: WDX). WDX token has a particular. WDX Token can be used to off the transaction at a 50% discounted rate. The unique feature of WDX is users will be able to swap WDX between different blockchains e.g. ETH and NEO.
The token will be derived from a standard Ethereum ERC-827 (extended ERC20). The token total supply is 50 000 000 WDX. Tokens will be allocating in the following manner: Token Sale 60%, Team 15%, Advisers 4%, Marketing 10%, Airdrop 10%, and Bounty Campaign 1%.
For more information about WeiDex and its WDX token, you can visit online at https://weidex.market/ or
visit the company whitepaper at https://weidex.market/images/whitepaper.pdf
author: Mandalawangi
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