Decentralized exchange DEEX, solving the problems of existing exchanges

The DEEX project team created a decentralized exchange with high bandwidth, equal to the centralized exchanges, namely 100 000 operations per second. For comparison, bitcoin makes 5 transactions per second, and ETH 50 transactions per second. Graphene is the engine on which the exchange will work. The transaction cost of $ 0.001 is something incredible, especially when compared with bitcoin, whose commission is now about $ 10. I also ask you to note the capitalization of the project, which is $ 20 million. Now with such a capitalization, you can find a lot of unnecessary tokens, so I think that DEEX with such a capitalization will not stay long, it will quickly break out on the lines above.

According to the developers, their exchange will solve both the problems of centralized exchanges and the problems of the current decentralized exchanges. The main problem of centralized exchanges is the security of your digital tokens. The reasons why you can lose a lot of their tokens: unfair administration of the exchange. When your funds are on such exchanges, you do not own your tokens, the exchange owns them. And if the administration of the exchange is extremely dishonorable, they can just go along with your tokens, and you will not see them anymore. Decentralized exchange, solves this problem, because you do not need to send your tokens to the general wallets of the exchange. During a hacker attack, the wallets of the exchange break open, and essentially all the members of the exchange suffer. If the attack is on a decentralized exchange, only one participant can suffer. Various sanctions, or political problems. For example, many users of the well-known Poloniex exchange cannot withdraw their tokens due to sanctions from the United States.

The problems of the existing decentralized exchanges like LocalBitcoins, Open Ledger, BitShares, so it is very complex and weak functionality. The DEEX exchange will be easy to use, and will have full functionality, not inferior to Bittrex or Binance. The exchange will have all the tools for comfortable trading, these are various indicators, stop loss, take profit, trading with leverage and more. And the second critical problem of decentralized exchanges is the period of executed operations, which can go up to 40 minutes, in comparison with the same Binance and Bittrex, and they are not worth it. But as I wrote above, the DEEX exchange will allow you to conduct up to 100 thousand transactions per second, which immediately solves this problem. Below you can see how the exchange will look like.

The project will have not only its own stock exchange, but also a network of cryptocurrency ATMs in which it will be possible to buy or sell cryptocurrency, which is certainly very cool. There will also be their own cards from which it will be possible to cash out funds, that is, change the cryptocurrency to Fiat, and it will be possible to remove it almost anywhere in the world. On the exchange you can create your own ICO, which is also cool. Also, holders of tokens will receive a% of income from the turnover of the exchange, which will provoke the owners not to sell their tokens, and accordingly a high shortage of tokens will be created, and will actively push valuables up.

The technical component is quite strong. The developers have implemented many new technologies: there are joint developments with successful projects, there is their own innovation — GUI is compatible with all browsers, bots for traders, API, 2FA protection, P2P messenger and much more.

During the ICO Binance Exchange in 2015, the value of one of its coins was $ 0.1, now this value exceeds $ 9.8. And the price of 1 coin of the BitShares exchange exchanger by the beginning of 2017 was $ 0.01, now this value is equal to $ 0.1. The same impressive results could be seen on the rise in the price of the KuCoin exchange tokens. It is logical to assume that the DEEX token will demonstrate similar, equally impressive results. So do not miss the opportunity to buy these tokens for long term. Draw your own conclusions!

Conclusion:

Personally, I expect a lot from the DEEX exchange. I count in the long run, after a year from the token you can safely wait for the price at x50. Now the price of the token is $ 0.038 with low emissions of 100 million tokens. And maybe in a year a token can cost $ 10, if not more.