BANKDEX EXCHANGE

By Bacaran | Arif Cakir | 18 Jul 2019

New projects are being implemented every day. While the updates in the blockchain technology contribute to the crypto world, these innovations bring approaches that increase productivity and security. With all of this, it will still take some time for the desired developments in the cryptocurrency world to come to life.

Because the market is very fragile, cryptocurrency platforms are not very useful, because of the uncertainty in prices, people still do not trust the cryptocurrency.

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Cryptocurrency companies may occasionally confront banks, one of the most important elements of the traditional financial system. Cryptocurrencies, which have the potential to provide an alternative to the banking system, are often harshly criticized by financial institutions. We have seen many times that companies operating in the field of cryptocurrency encounter problems with their transactions with banks.

Banks vs Crypts
We cannot say that cryptocurrencies that provide alternative solutions to the problems of the current system and the backbone banks of the global financial system are very well understood. Bloomberg’s news again shed light on this issue and a crypto money company and the problem of banks is mentioned. Alameda Research CEO of the cryptocurrency trading company complains about the banks. In the statements made by the CEO, it is pointed out that legal it is legal for banks to serve crypto money companies legal. However, banks do not seem to be eager to solve problems with such companies.

Not only does technology continue to offer innovations to our lives every day, but thanks to the revolutionary advances it has brought, incredible progress has been made in the financial sector and in the labor market. With the help of the blockchain technology that emerged in the light of these developments, the cryptocurrencies we have faced have changed our perspective towards the investment and banking system.

Meanwhile, the need for a revolutionary platform has been greater than ever. New projects can sometimes not have strong growth. The reasons for this are the lack of a target audience and the lack of adequate marketing. For a project to be successful, a strong team and a large audience behind it is very important for the project.

The major feature of this exchange is that it is not one of the decentralized stock exchanges like some large stock exchanges. Decentralized exchanges contain high security. In these exchanges, each user has control of their own funds. As we all know, familiar exchanges demand high fees to list. The most important feature of the platform is that it lists the projects it believes and trusts on their stock exchanges without any charge. At the same time, the BsnkDEX exchange will provide its users with a variety of bonuses in their transactions.

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Multi-currency E-Wallet

Multi-currency E-Wallet to support all kinds of hardware and software wallets with no need to install various wallets on devices. Just one single BankDex secure wallet to store and transfer lots of cryptocurrencies. Multiple currency wallet facilities enable the national currency transfer through compliant gateway operators.

This is truly a breakthrough achievement. Not only DEX doesn’t support fiat. There are only several large CEX that do support the conversion to fiat: Coinbase, Gemini, Kraken, Coinmama, Bitstamp11. Credit/debit cards, as well as bank transfers, are the two most popular payment means on these platforms12. Other exchanges force traders to buy BTC/ETH from a ‘gateway’ exchange before transferring it to the crypto exchange to trade with. This process takes time as well as incurring a fee for the transfer.

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BankDex Gateways

Gateways to allow trading crypto and fiat currencies as long as they are on the BankDex platform. In the initial phase of development, BankDex users could trade the US Dollar/Euro along with other 50 cryptocurrency tokens. BankDex provides scalability with the provision to trade more than 500 coins in the future.

BankDex Interface

Intuitive one-stop-shop interface to buy, sell, exchange cryptocurrencies and fiat. They the team involved experienced graphic designers and did the best to set up a very user-friendly environment for all users. A wide range of main languages of the world is supported. As a result, all people interested in crypto trading can enter the exchange and easily carry out their business activities without any hitch.

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Benefits & Solutions

Near-feeless transactions and Simulator Exchange

BankDex includes a simulator exchange that helps to improve trading without risking real money.

BankDex allows free trading, without any fees for the first 90 days. After the period, it imposes a nominal fee of 0.003USD.

Free Cancellation Make and cancel all types of trade orders freely without penalties.
Unlimited withdrawals There is no limit to the number of times or amount withdrawn.
No KYC procedure Maintain our privacy, no need for identity confirmation, truly decentralized.
Account recovery In case of a lost account, BankDex has the built-in provision, so users can recover their account.
Full Transparency All the details of transactions are stored visible to everyone on the blockchain. BankDex Platform uses DAG that makes it impossible to tamper with trading transaction history.
Margin trading BankDex enables margin trading for its users with the help of a protocol that provides the facility through smart contracts