Co DEX - A Currency-Neutral Decentralized Exchange

Co DEX - A Currency-Neutral Decentralized Exchange

By EbriDan | CryptoRelated | 6 May 2020


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 •   INTRODUCTION 

Imagine a decentralized exchange but without fees, no deposit or withdrawal limit, no registration needed so no account suspension, support of all chains and current tokens, the best current decentralized exchanges are mostly on the Ethereum blockchain to support all Ethereum tokens. Co-DEX is built using Cosmos Network and will support all Ethereum tokens and other chains (cross chains) for absolutely no fee. The best and the first of it's kind, trade all tokens and coins from different chains on one decentralized exchange. 

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•  How Co-DEX works

Using Cosmos Network's IBC innovation, a smart contract would be executed for cross chain transactions at zero cost, a direct payment without the need for third party interferences and sending your coins to a centralized wallet. 

With all the features and guarantee of a standard DEX and much more, Co-DEX has full transparency and is highly secured with an open sourced code, visible and supports all Ethereum tokens and other blockchains via it's unique cross chain features. 

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•  Co-DEX's Aim

Co-DEX aims to be decentralized exchange for future generations, it's scalability offers the complete decentralized exchange experience, an added cross-chain enabled transactions. 

A platform for all traders, blockchain technology enthusiasts to enjoy the benefits of a full centralized exchange void of the centralized third party. 

 

 

• Co-DEX features 

Some important features that makes Co-DEX stand out are; 

✔ Anonymity, privacy and high security 

✔ Scalability to allow for periodic upgrades

✔ Inegration with Dapps and Meta-mask and ledger for easy use

✔ A fully Decentralized Wallet app, you hold your keys

✔ Cosmos Network features (cross blockchain trading) 

✔ No fees, just the necessary gas prices for transactions

✔ Multiple order placements with single cost

✔ Ability to create both market order and limit order. 

 

• Co-DEX Tokenomics 

The Co-DEX native coin details are shown below 

Co-DEX Token name - Co-DEX

Co-DEX Token symbol - COD1

Co-DEX Total supply – 250,000,000 COD1

Co-DEX Token type - ERC-20

Co-DEX Token initial value – 0.05 USDT

Co-DEX Token Decimals – 18

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The Co-DEX Token would be used on the platform as a medium for transactional payments, holders would get airdrops of same proportion on new listed tokens. 

IDOs would be hosted on Co-DEX, joining IDOs would require users to be holders of COD1. 

Buybacks would be used in addition to other means to generate liquidity and constant use case for Co-DEX tokens. 

 

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 • CONCLUSION AND FINAL THOUGHT

 

Co-DEX is a project worth supporting, as a trader and blockchain enthusiasts, your tokens and coins would be save in your wallet and they'll be no heart breaking stories of stolen funds, hacked wallet or a CEO fleeing or claiming to loss private keys. 

Experience direct p2p, high security and transparency, 

This is the future we all hoped for, truly decentralized exchange

 

For more information please visit

WEBSITE: https://co-dex.network/

Read 

WHITEPAPER: https://co-dex.network/co-DEXWP.pdf

Follow 

LINKEDIN: https://www.linkedin.com/company/20528611/

FACEBOOK: https://www.facebook.com/co.dex.decentralized.exchange/

TWITTER: https://twitter.com/CoDEX_Social

INSTAGRAM: https://www.instagram.com/codex_social/

TELEGRAM: 1. https://t.me/co_dex_ann  2. https://t.me/co_dex

REDDIT: https://www.reddit.com/u/Co-DEX

STEEMIT:

https://www.steemit.com/@co-dex

http://social@co-dex.network/

 

 

                 AUTHOR DETAILS 

AUTHOR'S NAME: EbriDan 

TELEGRAM LINK: https://t.me/EbriDan

 

BTT USERNAME: EbriDan 

BTT PROFILE LINK: Https://bitcointalk.org/index.php?action=profile;u=1768850

 

Eth: 0x226ffe8915707b38BB4c7d31EA05111EAAdDc4F1

 

 


EbriDan
EbriDan

I'm Daniel,


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