User-Centric Decentralized Exchange, P2P Escrow Trading and P2P Lending Marketplace.
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.
DexAge – Strengthening Crypto Trading Via Blockchain Technology
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.
The Primary Features of DexAge
DexAge offers its users out-of-the-box exchange features including:
- P2P Crypto to Crypto Exchange. DexAge platform allows P2P crypto to crypto exchanges that empower users to retain full control over their trading activities within the network. Moreover, all transactions are processed via smart contracts that further ensure maximum transparency and security. The crypto assets acquired by the users are stored in permissionless wallets that aren’t controlled by DexAge, but rather handled completely by users. The role platform plays during the crypto-exchange process is to confirm the availability of sufficient funds in each party’s account, ensure the credibility of the transaction and match the trade request from the order book.
- P2P Fiat-Crypto Exchange. DexAge allows users from across the globe to exchange their crypto assets into fiat money, thereby improving the DXG (native token of the platform). Users can simply post their advertisements along with exchange rates and payment methods on the DexAge platform. Interested users within the platform can either meet with the concerned party directly and pay in cash or trade via online banking. Moreover, the crypto assets can be directly sent from the personal wallets of the users. The fact that the exchange is executed on a decentralized platform, assures both the party of security and reliability of the entire process.
- P2P Crypto Lending. The P2P Crypto loan services allow users to retain their assets in case they predict the concerned cryptocurrency value might appreciate in the future. DexAge enables users to stake their crypto assets as collateral and acquire a loan of the same value to expand their investment profile.
DexAge Token Sale
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:
- 45% – Crowdsale
- 15% – Team
- 15% – Reserved
- 10% – Pre Sale
- 10% – Airdrop and Bounties
- 5% – Core Investors
Furthermore, the fund allocation will be implemented in the following way:
- 40% – Marketing, branding, and education
- 40% – Platform development
- 20% – Contingency Plan
DexAge – An Extensive Crypto Exchange Ecosystem
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.