Senin, 09 Desember 2019

Co-DEX - Future trading platform for everyone

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Hello everyone ... Masi with me Sumurbor, For this article I want to discuss a very interesting project called CO-DEX, but if you are interested in joining the CO-DEX project, you must first read the reviews that can help you get information about project that allows you to see and understand well. Below is a review:

Co-DEX is exactly what the crypto world needs for the future of decentralized exchange. The exchange will be built based on IBC innovations made by Cosmos Network. I will briefly discuss Cosmos Network to show you why the crypto world needs Co-DEX.

The scaling problem for blockchains has been understood and addressed by many teams. However, what is largely ignored is the issue of interoperability and its impact on the crypto space in the future. Lacking protocols to enable automatic communication between chains, projects that are decentralized blockchain will continue to survive in silos, and blockchain ecosystems will generally remain cracked.

Cosmos Network, however, solves the problem of interoperability and at the same time solves the problem of security and transparency. Co-dex decentralized exchange will offer the highest level of security and transparency and open-source logic by implementing interoperability from Cosmos Network.

Trading on the Co-DEX exchange will be very convenient for me on the grounds that I have the option to trade any cryptocurrency regardless of the original underlying blockchain. Over time, while trading on other decentralized exchanges I was always limited to certain types of cryptocurrency, which also limited my ability to become a successful crypto trader.

Finding a trade exchange where I can trade cryptocurrency easily and comfortably will take my trading career to the next level, and Co-DEX will be that exchange for me! The Co-DEX system will develop on the principle of anonymity and privacy. When trading on the exchange, each transaction will be executed following the protocol needed to ensure maximum security and efficiency.

On Co-DEX, I will have the option to secure my funds in a Co-DEX wallet that is designed to hold private keys only on my device. The main goal for this is so that I can maintain full control over my funds as a trader on the Co-DEX decentralized exchange. This feature is very important because it will avoid cases like the CEO of the Canada cryptocurrency exchange who died with the only private key information. Traders on the exchange, called Quadriga, have lost around 145 million dollars in crypto.


Co-DEX exchanges will ensure that every procedure on the trading platform is greatly simplified through the first policy of their community. The only fee I have to pay on the platform is the amount needed to cover transaction costs. This means that I will be able to have more control over the service fee system. Eliminating the substantial costs imposed on other crypto trading exchange platforms is very helpful in simplifying trading.

Co-DEX plans to utilize all the beneficial features of Cosmos Network to offer services such as cross-chain transactions, which are the main features in this entire project. The CIB features created by Cosmos Network will allow much needed interoperability under decentralized and fully secure platforms. This will give me a base to trade on almost all cryptocurrency from various blockchain.

CONCLUSION:

Co-DEX is trying to revolutionize the entire crypto exchange ecosystem by offering a world of a neutral currency decentralized platform that develops with privacy and efficiency and utilizes the IBC innovations produced by Cosmos Network.


For more detailed information about the Co-DEX project, please visit the link below:


AUTHOR:

Username:Sumurbor

ETH Address: 0x748bd5a5753587937fAC0e726B384bDbD2870644


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