WeiDex - Decentralized Exchange



Cryptocurrency  global  market  is  growing  every  day  and  cryptocurrencies are becoming part of our daily lives. We currently use Ether and Bitcoin to buy  mobile  phones,  laptops,  coffee  and  we  can  also  use  them  to  buy  a house  in  the  USA.  Bitcoin  and  Ether  are more  valuable  and  less  volatile than  most  National  currencies  in  some  regions  and  there  is  the  need  for additional  exchanges  where  people  can  securely  and  publicly  trade  with such  asset  type.  We  want  to  use  the  blockchain,  considering  the  global blockchain’s  philosophy.  We  want  to  have  freedom,  choice,  security, transparency,  decentralization,  immutability  and  all  other  benefits  of  this technology. 

Furthermore,  most  of  the  existing  exchanges  are  centralized and subjected to untrusted third party. This is exactly the opposite of what blockchain  offers.  The  only  right  way  of  exchanging  crypto  assets  is  the decentralized  way.  We  have  to  develop  new  infrastructures,  side  chains, cross-chain  transactions,  lightning  networks,  but  the  first  step  is  right  in front of everyone – weiDex, a decentralized exchange market that does not need to rely on a third-party service to hold the customer's assets. Instead, the  trades  occur  directly  between  users  through  an  automated  process called smart contract. This process is known as the peer to peer transaction and  the  system  can  be  achieved  through  a  decentralized  multi-signature escrow system, among other solutions that are currently being developed. 

Problem Statement 


Cryptocurrency  seems  to  be  the  latest  technological  trend  that  many investors are recently focusing on. Cryptocurrency trading also comes with its own challenges and these challenges arise because of the nature of the market  and  the  fact  that  it  uses  blockchain  technology,  a  decentralized approach, and platform. 

The challenges in cryptocurrency exchange have been a major setback to the growth of the industry and this points to the reason why the market is not  globally  adopted  so  far.  Poor  liquidity,  poor  market  regulations,  long process of compliance and complex integration are some of the challenges 
plaguing  cryptocurrencies.  Financial  Institutions  and  banking  sector benefits  from  these  factors  and  government  are  planning  to  legalize  the digital currencies. 

Additionally, some of these exchanges are plagued with poor security and lack of investor's protection that a more regulated financial sector enjoys. There have been multiple dozens of cryptocurrency heists since 2011 and there  are  situations  where  many  hacked  exchanges  had  to  shut  down.  A huge  amount  of  bitcoins  that  would  have  worth  more  have  been  stolen while only a few have been recovered. 

Technology 


We have a lot of advantages over centralized exchanges. Most of them are about security, privacy, availability, and transparency.



BENEFITS WeiDex

  
           
     DECENTRALIZED
    All assets and trading logic         stored on the blockchain.         No manipulation possible.
REFERRAL SYSTEM BONUS
Invite a friend and 20% of their exchange trading fee goes to your wallet.
OPEN API
Connect and use our functionalities from remote systems.
LOW FEES
Between 0.1% - 0.2%. Also, cheap listing fees for new ERC20 tokens.
HIGH AVAILABILITY
We are running 24/7, 365 days a year. No downtimes or system maintenance periods.
PROFESSIONAL SUPPORT
24-hour support and fast response to any existing problems.

INNOVATION

Multiple orders


We want to give you the best and most user-friendly way to trade. We brought to live the Multiple Order Fulfillment! This means that you can set an order to take as much transactions as needed to fulfil, while you get charged for just one transaction. This has never been done on any other decentralized exchange. It’s a very time-saving and cost-effective feature for all users.

Low listing fee


We are open for blockchain tokens. We have a great technical team, so we can list new tokens within 24 hours after your request, and for a really cheap price. If you have a new token, do not hesitate to contact our team!

Token airdrop


When we list a new token, we will require a fee from the token creators. With this token fee, we will provide an airdrop of fresh new tokens for our loyal customers.

SECURITY OF WeiDex














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