weiDex is
A simple search for the word 'Cryptocurrency Trading' on Google will generate more than 25 million results. This is an indication that the cryptocurrency market continues to develop brilliantly, since it was first introduced about ten years ago. However, despite all that enthusiasm, the Crypto exchange platform still has various problems. Many platforms are incompatible with the idea of decentralized financial systems: they still practice systems that indirectly function as third parties (Central Authority). But in reality, this is not the only problem.
Challenges in the cryptocurrency exchange platform have become a major setback for industrial growth and this shows the reason why the system has not been adopted globally so far. Poor liquidity, poor market regulation, a long process and complicated integration are some of the other challenges that interfere with cryptocurrency.
WeiDex, can be found online at https://weidex.market/ , is a crypto exchange platform that is decentralized and has full features. WeiDex is expected to solve the above problems. WeiDex aims to make the cryptocurrency trading market easier, safer, and cheaper for consumers of the cryptocurrency market. WeiDex will be a secure escrow platform that allows users to make transactions safely. WeiDex's business model aims to enable users to buy, sell, or exchange cryptocurrency easily without intermediaries.
All of this logic is realized by the smart contract technology. The smart contract technology adopted by WeiDex is able to minimize the occurrence of errors due to Human Error . WeiDex supports all Ethereum-based tokens and at the end of the year, WeiDex will also support Neo-based tokens.
WeiDex stated that the platform will have the advantages of two types of exchange platforms at once, centralized exchange and decentralized exchange. However, centralized exchange is known for being easy to use, easily accessible and transparent. And as a decentralized exchange, WeiDex also has advantages compared to other decentralized exchanges, including:
- Referral System Program: WeiDex is the first exchange platform that offers a profit of 20% of the trading costs made by referral users. The more users you invite, the more referral bonuses you will receive.
- Low Cost: WeiDex is developed in a blockchain network that is very fast and efficient. This will make transactions on the platform effective and efficient.
- Multiple Order Fulfillment: Users can set the order amount and the smart contract platform will ensure to take as many transactions as needed to fulfill the request, while the user is only charged for one transaction.
- Airdrop: Airdrop program will be done once a month. The maximum number of tokens that can be received reaches 250 WDX for the first 20,000 users who meet trading volume requirements for airdrop.
- Cross-Chain Transactions: This is the most advanced technology among cryptocurrency exchange platforms. Through Cross-Chain Transactions, WeiDex will unite various types of blockchain (like: Ethereum and Neo) on the same platform.
WeiDex will issue a cryptocurrency token (symbol: WDX). WDX Tokens have a special approach as the power of the platform ecosystem. By using WDX Token, users can get transaction fees at a 50% discount rate. WDX's unique feature is that users will be able to exchange WDX on different blockchain threads, for example: ETH and NEO.
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