With over 200 exchanges facilitating crypto trading across the globe, traders and investors still struggle to make reliable profits out of their investments. The fact that most of these exchanges operate on a centralized architecture is one of the critical reasons that leads to inefficiencies such lack of security, high precariousness, data threats, high transaction fees, etc., within the centralized system. These pitfalls significantly impact the user trading experience and must be addressed promptly.
DexAge – A Blockchain-Based Solution
DexAge has introduced an effective exchange solution, which is based on a decentralized peer-to-peer transaction system of blockchain technology. By monopolizing the blockchain technology, the network aims to develop a permissionless, trustless, and decentralized P2P trading and lending system that offers an autonomous and secure trading process.
Moreover, DexAge has also created an ingenious business model wherein the ecosystem is managed by its users, traders, and investors through an extensive social web. Within this user-centric ecosystem, both the company and its users mutually benefit from each other as well as grow collectively.
Essential Components of DexAge Platform
The Functioning of DexAge platform rests on three main components including:
- P2P Crypto to Crypto Exchange
DexAge platform offers P2P crypto to crypto exchanges that allow users to retain complete authority over their trading activities within the network. Additionally, all transactions are executed through smart contracts to ensure there is optimum security and transparency in the process. Moreover, the crypto assets obtained by the users are stored in permissionless wallets that are controlled by users, not the platform. The role of DexAge during the crypto-exchange process remains limited to confirming the availability of sufficient funds in each party’s account, verifying the credibility of the transaction, and balancing the trade requests from the order book.
- P2P Fiat Crypto Exchange
It allows users from around world to exchange their crypto assets into fiat money, thereby improving the liquidity of DXG (native token of the DexAge). Users can post their advertisements along with all necessary details including payment methods. Interested users can directly meet up with the concerned party and pay the amount in cash or trade via online banking. The crypto assets, on the other hand, can be sent directly from the personal wallets of the users.
- The P2P Crypto Lending
The P2P Crypto loan service enables users to hold their assets in case they speculate the concerned cryptocurrency value might rise in the near future. DexAge allows users to stake their crypto assets as collateral and obtain a loan of the same value to expand their investment portfolio.
DexAge Token Sale
DexAge token denoted as DXG is an ERC20 Ethereum compatible token and have secured a token listing with Latoken. The platform has issued a total of 5 Billion AXG token and set the soft cap at USD 5 Million. Moreover, the minimum purchase value is USD 100 and the platform accept BTC, ETH, LTC cryptocurrencies for payment. The token sale started from November 30th, 2018 and will end on February 28th, 2019 and interested traders and investors can purchase the token from https://dexage.io. The tokens are distributed in the following way:
- 45% – Crowdsale
- 15% – Team
- 15% – Reserved
- 10% – Pre Sale
- 10% – Airdrop and Bounties
- 5% – Core Investors
Moreover, the fund allocation will be implemented in the following way:
- 40% – Marketing, branding, and education
- 40% – Platform development
- 20% – Contingency Plan
DexAge – A Multi-Tiered Crypto Trading Platform
DexAge has developed an autonomous P2P exchange ecosystem, which is controlled and managed by users, traders, and investors. The decentralized approach further enables users to have full control over their trading activities, thereby elevating the trading experience and boosting profit-earning opportunities on the platform.
For more information visit https://dexage.io/
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