Decentralized Exchange is the need of the hour. People are moving towards cryptocurrency as they want a financial system where interaction is more peer to peer than institutionalized. A decentralized exchange is a cryptocurrency exchange market that operates in a decentralized way allowing a peer to peer trading without a central authority. And when a user needs to withdraw his/her funds, these are converted back into the cryptocurrency they represent and sent to their owner. In the blockchain, decentralization refers to the transfer of control and decision-making from a centralized entity (individual, organization, or group thereof) to a distributed network. But these Decentralized Exchanges are also bringing newer technologies and coming with advanced benefits for users. And ByteDex is one of them, a very advanced, hybrid crypto exchange.
What is ByteDex?
Byte Decentralized Exchange is a Hybrid Crypto Exchange operating on Ethereum & Binance SmartChain and Tron that gives Total control of crypto assets. It is built with the aim of delivery of value to the individual, not anyone else and the growth of the community.
Why go for ByteDex?
1. Community Driven:
Community is one of the most essential elements when we are talking about tokens and ecosystems and also about humans. It’s the community because of which we as individuals connect, socialize with more people and thus it adds value in our lives. Bytedex is an ecosystem-based on communities around the world. Each community has representatives on the board of Bytedex Technologies company. Bytedex supports communities with 20% of the net income generated from each country.
2. Lowest fees with BEXT Token
Bytedex is the best crypto exchange for newbies and professionals in crypto. Offers competitive cryptocurrency exchange rates and discounts on minimal trading fees for BEXT holders. The community wants its users to grow and prosper so it has minimal fees.
3. Your Wallet Your Crypto
Byte Exchange never stores your wallets on the exchange. Users connect Byte Exchange with non-custodial wallets. One of the best things about it is, it never stores your funds, never holds your wallets. That means complete autonomy, ownership and privacy.
Features of ByteDex
ByteDex Coin Holders Benefit from Special Commission Rates and Share the Revenue of the ByteDex Exchange by staking.
Meet Secure Crypto Trading with ByteDex! Trading Freedom between Buyer and Seller with ByteDex Assurance!
If You Are A Good Trader, Trade with Your Customers Limits From Our Special Panel. Keep You and Your Customer Safe!
Byte Wallet (ByteW)
With ByteDex’s Decentralized Wallet, Your Crypto Assets Are Always Safe! Open a Window to Blockchain with ByteW!
Payments and Fiat Money
Trade Crypto Assets from All Over the World with Both Your Credit Cards and Debit Cards on the ByteDex Exchange!
Number of Trading Pairs
ByteDex will be the Exchange with the Highest Number of Trading Pairs. 120+ Pairs at Opening and 300+ Pairs in First Year will be put into the process. And so on then very near future!
BYTEDEX Token is the official trading unit of the Bytedex Exchange, that provides great benefits to the users in ByteDex. BYTEDEX Token has been produced in cooperation with Tron Network, in total 1 billion units in TRC-10 format. Bytedex owners can share the revenues of the Bytex Exchange by staking their Tokens on the Bytedex Exchange or benefit from large discounts on trading commission fees. Bholdingng BYTEDEX Token on ByteW, users get %300 commission discounts. With BYTEDEX Staking users can get staking rewards up to %50 net income of Byte Exchange. BYTEDEX also has features on ByteDex TokenLauncher and ByteDex AltTokens List.ByteDex can be traded for other Crypto Assets or Fiat currencies
1000000000 (253502691 Tokens Burned) 746497309 Tokens Remaining
ETH, BTC, USD, LTC, BCH, EURO, TRX, BNB, XRP, TRY
Preparation of Exchange Architecture
Byte Prototype Design
ByteDex Software Infrastructure
Website Launch & ByteDex Token Pre-Sale
ByteW And Mobile App Design
15th July 2021
Launch of Byte Wallet
Launch Of Byte Exchange!
Launch Of ByteDex Brokers
June 2022-July 2022
BYTEDEX Token Listed in 5 Exchanges
At least 150 K Users
ByteDex Community At Least 6 Different Countries
Founder & CEO
As more and more people are adopting cryptocurrency, some people remain outdated with the technology. As technology is getting advanced rapidly, there are newer updates in blockchains, exchanges. So here this is one of the most promising hybrid blockchains exchanges which is having great potential for the future.
For more information
ANN Thread: https://bitcointalk.org/index.php?topic=5344340.msg57251872#msg57251872
Bounty Thread: https://bitcointalk.org/index.php?topic=5349907.0
K. Siva Arulmani
Bitcointalk Username: : @siva1978
Bitcointalk profile URL: https://bitcointalk.org/index.php?action=profile;u=2373654