DexAge – A Versatile Crypto-Trading Solution
DexAge – A Versatile Crypto-Trading Solution
DexAge is a decentralized crypto exchange solution that aims to reduce the existing dependency on centralized architecture and make crypto trading realm more user-centric. While centralized control offers speed and adequate monitoring, it deals with issues such as security threats, high transaction charges, data exploitation, etc. To eliminate these critical hindrances, DexAge has leveraged peer-to-peer transaction system of blockchain in order to create a permissionless, trustless and decentralized P2P trading and P2P lending platform. Moreover, the entire DexAge ecosystem will be fueled by social web between its trader and investors.
P2P Crypto to Crypto Exchange
DexAge platform facilitates P2P crypto to crypto exchanges that empower users to retain full control over their trading activities within the ecosystem. Moreover, all transactions are processed through smart contracts that ensure maximum transparency and security. The crypto assets acquired by the users are stored in permissionless wallets that aren’t controlled by the system, 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 world to exchange their crypto assets into fiat money, thereby increasing 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. The exchange is executed on a decentralized platform, assures both the party of security and reliability of the entire process. Moreover, crypto assets can be directly sent from the personal wallets of the users. T
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.
The P2P DAPP Based on Social Web
To reinforce the core concept of a user-centric structure, DexAge plans to develop a P2P mobile chat application in which users will be able to perform exchange activities as well as communicate with other users in real-time. The application plans to offer the following services to its users:
- Crypto to crypto exchanges
- P2P Lending
- DXG chat
- Escrow trading
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 10. Currently, the platform accepts BTC, ETH, LTC cryptocurrencies for payment. The token sale launched on November 30th, 2018 and will continue till February 28th, 2019. Users can buy the token from DexAge’s official website https://dexage.io. The tokens are distributed in the following way:
- 45% – Crowdsale
- 15% – Team
- 15% – Reserved
- 10% – Airdrop and Bounties 5% – Core Investors
Furthermore, the fund allocation will be implemented in the following manner:
- 40% – Marketing, branding, and education
- 40% – Platform development
- 20% – Contingency Plan
DexAge – Reinventing the Crypto Trading Landscape
By leveraging the peer-to-peer transaction system of the blockchain, DexAge has developed a trustless, permissionless, and automated exchange platform that emphasizes on eliminating the challenges of centralized exchanges. Moreover, this platform is entirely controlled and operated by its users which ensures flexibility and optimizes the trading experience of traders across the globe.
Visit https://www.dexage.io to participate in the ongoing crowdsale
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Disclaimer: Dexage is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. Cryptocurrencies and tokens are extremely volatile. There is no guarantee of a stable value, or of any value at all. Token sales are only suitable for individuals with a high-risk tolerance. Only participate in a token event with what you can afford to lose. This press release is for informational purposes only. The information does not in any shape or form constitute financial advice. Investors are urged to do their own research before investing.
Disclaimer: Blockmanity is a news portal and does not provide any financial advice. Blockmanity's role is to inform the cryptocurrency and blockchain community about what's going on in this space. Please do your own due diligence before making any investment. Blockmanity won't be responsible for any loss of funds.
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