Co-DEX is a Decentralized trading platform for cryptocurrencies
Cryptocurrency like Bitcoin or Altcoin seems good to be a worldwide exchange tool. Yes, forget about certain real currencies which are only available in certain countries. Along with the development of internet technology, any transaction can be done globally by using it. Interestingly, not only is it more flexible to shop or buy things, it seems that you have to use Cryptocurrency in a smarter way. One way is to use it as an object of trade and investment. So, how is it?
Of course, first of all, you should join the Cryptocurrency website platform that allows you to carry out funding activities such as trading and investment. It is very difficult especially crimes such as fraud which are quite common nowadays. In the meantime, there are many sites out there that offer such facilities without you possibly knowing whether they are valid or not. for this, it is recommended that you use Co-DEX. This is a type of Cryptocurrency platform with simple requirements, easy access, and many great features. This is even more interesting because consultations and discussions are available here to support you becoming more successful later.
Introduction
There are huge numbers of cryptocurrency exchange nowadays, both centralized and decentralized. Decentralized exchange system have some distinctive qualities that make it far convenient, transparent, and efficient than their counterparts. There is no requirement of KYC verification and some other inconvenient procedures as in Centralized exchanges.
Decentralized system of exchanges are completely transparent and confidential. Users don't need any complicated registration procedure which will require their email address, password, and their identities. All they just need to access the platform is their existing Private key or alternatively creating new wallet from the exchange in just few seconds. Deposit, trading, and withdrawal speed is determined by the network speed.
Sometimes, we all know ethereum network slow users down where there is heavy congestion in the network. Practically, nothing can be done to fast-rack this procedure other than to wait till the network concluded the transaction itself. Users Private key in Decentralized Platform are not saved anywhere,it allows users to take complete control over their assets unlike the centralized system where you will need to deposit your funds first in the centralized account before you could make an order.
Another shortcoming of Centralized trading platform is the manipulation of trading volume with the use of trading bots. Most people complain decentralized platform doesn't always have volume. Yes, this is right because the trading volume in most decentralized exchanges are very organic, there is nothing like fake trade volume or any sort of trade volume manipulation unlike in the centralized platform.By and large, am just trying to highlight some distinctive features of decentralized Exchanges and why it is far better than the centralized system.
About Co-DEX
Co-DEX іѕ а Decentralized trading platform fоr cryptocurrencies, built оn vanguard security infrastructure аnd uѕіng а revolutionary system. Co-DEX іѕ аn exchange created bу thе community, fоr thе community, thuѕ Co-DEX wіll bе thе fіrѕt exchange thаt wіll apply а NO FEES policy оn transactions, thе users bеіng required tо cover solely thе transaction cost оf thе miners and/or validators thаt register thе action оn thе blockchain. Experience direct peer-to-peer trading wіthоut thе security risk оf trusting а thіrd party, thuѕ hаvіng complete control оf уоur assets аt аnу time.
Unlike some decentralized exchanges who only centered on a single blockchain. Co-DEX has developed an interoperability Blockchain system where different forms of native Blockchain can work together on the platform. Co-DEX was able to achieve this wonderful innovation through the innovative function established by Cosmos Network. The principle of codex Exchange was based on Space Network.All processes in the system have undergone the IBC innovations which are able to transact in the most secure way within the network of the participants by implementing the transparent structure of the source code of the Space Network.
What makes Co-DEX unique among other Decentralized exchanges is its transparent and secured and Blockchain architecture will not be limited to just single Blockchain network but supports other Blockchain networks which are subjected to cross-blockchian. The architectural design of this platform will simplify trading for the traders and the entire crypto communities.Co-DEX integration of Cosmos Network will enable it becoming one of the high ranked Cryptocurrency exchange as the architectural design simply embrace connection of multiple native cryptocurrencies and users, it is not limited to a single Blockchain Network.
The IBC innovation by Cosmos Network makes it no fees Platform. Users don't have to deposit funds on a particular account before they could execute trades. The system implements Smart contracts which allow trading taking place directly between users. Obviously ,Co-DEX will play a very huge role in Cryptocurrency Ecosystem, simplifying trading system, ensuring transparency and profitability through its no fees trading concepts.
Features of Co-DEX platform
No Fee Concept: Users are only charged for fees of a single transaction. Users will be provided an option to select their preferred fees in the fee's service structure.Unlike other exchanges that charges on any trades executed on the platform, the reverse is the case in Co-DEX platform. Trader's profitability is one of the priority of the Co-DEX exchange.
Multiple Order: Users are offered a multiple order platform which open doors for cost economy and less trading time.With this concept, users are only charged for a single transaction, as mentioned earlier, users will be offered an option of the service fee structures that suits them.The Smart contract system oversees the transaction procedures and ensuring multiple orders are successfully executed.
Cross Chain transactions: This has been one of the problems blockchain researchers has been working towards. Co-DEX will enable cross chain transaction which will allow multiple blockhain system to interact on a single platform. The system will benefits the traders and improve the platform liquidity. Implementing the IBC features built on Cosmos Network allows Co-DEX to achieve this inter-operability within the Blockchain Network.Co-DEX also take the security as the utmost priority in their platform which makes transactions and users assets more secured than any other platform.
Our Mission is to allow a broad base of community members to participate in the IDO planned on our Dex. Co-DEX cannot guarantee that all prospective interested parties will be able to obtain their desired allocations during the Private and IDO phases, where the total maximum cap will be the equivalent of approximately $5 million in ETH/BTC/ATOM. The amount of tokens available during the Token Contribution will be 100,000,000 COD1.
What is COD1 Token?
Very fast operation
Protect identity
Global Systems and Security
Zero fee transaction
Without blockchain fluctuations
Roadmap
Q1 2019
Creating the Co-DEX Fundation and establishing the development Team
Q2 2019
Establishing the Advisory board, Development of the site
Q3 2019
Start the Private Contribution
Q3 2019
Alpha testing of the platform
Q4 2019
Launch of decentralized exchange platform
Q4 2019
Launch of COD1 IDO
Q1 2020
Implementation of various blockchain tokens and currencies through the interoperability feature created by COSMOS
Q2 2020
Development of our CO-DEX Wallet
Our Advisors
Our Support
Conclusion
Co-DEX is born from the needs of the community, and with it, will deliver a revolutionary non-custodial, NO FEES, exchange platform, which will host through the implementation of inter-blockchain operability communications feature, a multitude of tokens and crypto assets regardless of their native blockchain origin. We at Co-DEX consider the whole crypto market spectrum as being an expression of the needs, concerns, and wishes of each of the individuals that together encompass the idea of community.
For more information about Co-DEX, please click the link below:
Website: https://co-dex.network
Whitepaper: https://co-dex.network/co-DEXWP.pdf
Twitter: https://twitter.com/CoDEX_Social
Telegram Channel: https://t.me/co_dex_ann
Telegram: https://t.me/CO_DEX
Instagram: https://www.instagram.com/codex_social/
Steemit: https://steemit.com/@co-dex
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