Place/Date: Nigeria - January 1st, 2019 at 9:01 am UTC · 4 min read
Contact: DexAge, Source: DexAge
Presently there are over 200 cryptocurrency exchanges across the globe and a majority of these exchanges operate on a centralized architecture. While a centralized system offers faster transactions and maximized control, it deals with many inefficiencies that cannot be overlooked. Centralized administration leads to critical setbacks such as lack of security, high precariousness, data threats, high transaction fees, etc., which keeps traders from harnessing maximum potentials out of the cryptocurrency trading landscape.
To eliminate all the aforementioned challenges, DexAge has introduced a promising exchange solution that rests on a decentralized peer-to-peer transaction system of blockchain technology. By capitalizing blockchain technology, the ecosystem aims to create a permissionless, trustless, and decentralized P2P trading and lending platform, which offers an autonomous and secure crypto-trading process.
Furthermore, DexAge has created an ingenious business model, wherein the ecosystem will be operated by users, traders, and investors via an extensive social web. It is a user-centric ecosystem in which both the company and its users mutually benefit from each other and develop together.
DexAge offers its users out-of-the-box exchange features including:
DexAge token (DXG) is an ERC 20 Ethereum compatible token. The platform has issued an overall 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 continue till February 28th, 2019. The platform has secured a token listing agreement with Latoken, and users can buy the token from DexAge’s official website. The tokens are distributed in the following way:
Furthermore, the fund allocation will be implemented in the following way:
DexAge strives to build an autonomous P2P exchange ecosystem where users, traders, and investors have full control over their trade and funds. The decentralized and P2P approach of the platform offers users efficient trading experience and boosts their opportunities to garner substantial returns on investment.