The future of trading is here with Dexive – the decentralized exchange (DEX). Through the power of blockchain, Dexive will take crypto trading to a whole new level of ease. This will allow users not only to place trades, but also to go through the journey of asset research, discuss with community, target the right price and place automated trades. Due to the growing popularity of crypto market, more people are now engaging in the trading of the crypto assets.
Dexive will become a one window solution for day-to-day trading because It will allow users to research assets on the go, and discuss them with the community. Taking decisions at the right time to buy or sell makes a big difference in overall success as a crypto trader, on Dexive users will be able to set alerts based on technical analysis. Experienced traders will have advanced order types for automated trading.
Dexive is fundamentally different from other DEXs on the market. It is an ecosystem which provides all the tools necessary to make right trading decisions at the right time, through info and news, knowledge sharing, price alerts and advance trading features.
Token Basic Information
|Social Media||Facebook, Twitter|
|Soft cap||$ 500k|
|Hard cap||$ 4,000k|
|Token price||1 DVX = 0.01 USD|
|Whitepaper||Click Here For View Whitepaper|
|Website||Click Here For Visit ICO Homepage|
Digital exchanges are the platforms that enable investors and traders to perform crypto-trading. Digital exchanges provide a platform for peer-to-peer trading that typically offer services by charging a transaction commission or a fixed amount of fee. There are two types of exchanges; centralized (custodial) and decentralized (non-custodial) exchanges.
Greater security risks
Centralized/custodial trading platforms suffer from constant attempts of hacks, scams, and other malicious activities, which makes them a less attractive option. This presents legitimate concerns, rendering these exchanges as significantly uncertain.
Control of funds
If users hold their crypto on a centralized exchange, they don’t actually have direct ownership of the digital assets. This is because the wallet private key is held by the exchange, meaning the user is not in 100% control of the funds held on the exchange. With all data stored in one central structure, these exchanges are a massive target for hackers.
In fact, centralized (custodial) exchanges are based on the I Owe You (IOU) concept, like a bank account, where they are the real holders of digital assets. Users balance is just a number value in their internal system, and the actual tokens are only available when the user withdraws them.
Users of centralized exchanges are required to comply with KYC (Know Your Customer) regulations; as a result, some of their personal information is collected and processed by the exchange. This factor can also lead to authorities demanding control over user’s assets.
An Integral Solution For Effective Trading
The Dexive optimal solution to trade cryptocurrencies is an ecosystem which offers all the necessary tools to traders, providing easy and advanced trading features. Moreover, the solution must also be able to help new traders and users to learn and research about cryptocurrencies for improved decision making. The truth is that those who begin trading, in general, are at risk of taking decisions based on emotions or crowd following. In order to help new users to understand better the dynamics of trading, an adequate user interface is crucial.
A Modular Serverless Architecture
Dexive’s system features a serverless architecture, which enhances both security and scalability. Work is divided into multiple services connected with distributed cache and pub/sub event stream for scalability and fault tolerance. Hot data is stored in distributed cache and cold data is in database with real time sync enabled. Both relational and non-relational databases are used for structured and unstructured data.
Also, Dexive uses a layered security model where common security services will be available across the board; while multiple private networks with local service and data will ensure data and infrastructure isolation and access restriction.
Features of Dexive
In contrast with centralized (custodial) digital exchanges, where users have no real control over their digital assets, Dexive is based on a decentralized (non-custodial) structure (DEX). This means that transactions are truly performed on a peer-to-peer basis; and funds are kept by the user, not the exchange.
Dexive provides very advanced trading tools to its users; tools they can’t find in any other DEX digital exchange. These include advance order types and price alerts based on technical indicators, which are extremely useful because the crypto market is volatile and open round the clock.
Because Dexive is a non-custodial, decentralized exchange, it is practically immune to the big hacks that have plagued other exchanges in the last few years. Malicious agents would need to hack each peer individually, because Dexive has no custody of its users’ funds.
Dexive will provide users with access to liquidity from different exchanges in a single place. Users will then choose an exchange to buy or sell an asset. As the price of an asset across exchanges can be significantly different, with this feature, traders can use this difference to their advantage.
Dexive is an interactive ecosystem space where all kind of traders will thrive. This includes microblogs, asset news, and a discussion forum for each type of asset, where users can discuss various aspects of an asset, in order for them to make better and more informed trading decisions.
Dexive will provide a JSON API to trade assets through a third-party application. The API will provide the caller the ability to place, change and cancel orders. The off-chain order engine will provide high performance response to the API calls. In order to use the API, the JSON calls will have to be signed by the primary key so that it can be made sure that the user making the call on an address that they control.
Reward for contribution
The Dexive platform will have a reward program for top contributors on Dexive Connect. The contributors will be chosen based on the level and significance of their activity on the platform. The system will perform a quality check on contributions, before shortlisting users for the reward. The reward will be in the form of DXV tokens.
Dexive Mobile App
Dexive will have a dedicated application available for mobile users offering all the features as it is on the website with the same intuitive user experience. The full-featured mobile platform equips the user to trade using their mobile device using their user-friendly and advanced trading features.
Dexive mobile app will also allow the user to set trade alerts based on price, dates and technical indicators. This will prevent the need of keeping track of asset prices. Users will also participate in a discussion of their favourite assets and keep up to date with the latest news.
Users will be able to log in to their profile on the Web and the Mobile so that they can maintain a single watchlist and all their social history, alerts and notes.
|Members||Furrukh Baig Chief Executive Officer
Aleem Sheikh Chief Operating Officer
Faraz Syed Chief Technology Officer
Also Read – Click Here for Read All ICO Review
This article is writing on 16 Feb 2020 based on information available online & news portal. If you feel it’s outdated or incorrect, please write here to update it. Mail us: [email protected] Or Whatsapp Us- +13098896258
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