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Decentralized crypto exchange - Mobiloitte

P2P crypto exchange is a platform where a buyer directly pays to the seller. Sometimes itu2019s also called decentralized exchange as the platform only serves as a matching and routing layer for trade orders, it does not hold customersu2019 funds, and no third party controls it. Decentralized cryptocurrency exchanges mostly donu2019t require KYC procedures and have lower fees comparing to centralized exchanges.

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Decentralized crypto exchange - Mobiloitte

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  1. DeFi Development Decentralized Crypto Exchange Platform Distributed Exchange cryptocurrency exchange service that operates without a central authority responsible for asset storage and exchange. This service allows fast and easy digital currency transactions between two interested parties without movement of crypto currencies with attached and anonymous currencies. Keys Points ● Send and receive any existing cryptocurrencies. ● Issue and manage new tokens to digitize assets – create, mint/burn, and freeze/unfreeze. ● Create trading pairs between different tokens. ● Send orders to buy and sell crypto assets through created trading pairs. ● Watch the market charts to monitor prices and market activity for other market pairs, powered by TradingView, or any other trading chart API. ● Explore the transaction history and blocks on the chain via different interfaces. ● Run a full node to listen and broadcast chain transactions, blocks, and consensus. ● Develop more tools and libraries to improve and enhance OpenDEX. (DEX) is an online the unnecessary Key Points ➔ ➔ ➔ No third party operators Flat currency transactions will not be allowed Most of the times Market Takers will only be part of the platform Direct updating of trading transactions on Crypto Nodes. No database entries The volume of the crypto trading transaction will be very less Low-Grade speed of trading (Due Real Time Crypto Node Update) Liquidity will be the challenge (Only Handle Crypto Coins on Nodes) Know Your Customer (KYC) & Anti-Money Laundering (AML) practices No Private Keys in the application Not the first choice of hacking/cracking of the system ➔ ➔ ➔ ➔ ➔ ➔ ➔ What is OpenDEX? Open-Source Decentralized Crypto Exchange (OpenDEX) is a solution for developing inexpensive Uniswap-based cloud-as-a-service (SaaS) software at the time of recording. The decentralized exchange platform developed by Openware is flexible, fast, and scales well. You can host it anywhere from your private cloud to any popular cloud service like Digital Ocean, Google Cloud Platform, Amazon AWS, and Microsoft Azure. connect@mobiloitte.com Whatsapp: +91 9999525801 www.mobiloitte.com

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