✅Co-DEX: The Cosmos Network based decentralized P2P exchange that allows you trade with no transaction charges✅

mayowa-eu (60)in #exchange • 4 years ago

Have you ever traded on any decentralized cryptocurrency exchange platform before now? I’m sure if you have done, then how has been your experience so far on these platforms?

Its so unfortunate that a lot of things are still wrong in the blockchain space which is causing lots of setbacks despite the fact that the technology is the next technological revolution.

I once came across a decentralized exchange platform that requires its users to perform KYC before trading, and then I asked myself, is this truly decentralization? Even at this, the entire decentralized exchange platforms I know of (The likes of etherdelta and forkdelta) that escrow token sonly supports ERC-20 tokens trading leaving out other blockchain tokens completely.

There’s therefore need for a REAL DECENTRALIZED exchange platform which will not only support Ethereum blockchain tokens but rather supports all other blockchains for swift escrow trades.

This is the major drive behind the creation Co-DEX platform.

Introducing Co-DEX Platform

Co-DEX is a decentralized and Zero fees exchange platform powered by the Cosmos Network that allows direct trades between customers through smart contracts.

This exchange platform guarantees full transparency, highest possible security and also open-source logic which are made possible through the interoperability feature of Cosmos network.

The developers of the platform understands the importance of anonymity and privacy, hence they’ve implemented a system that each transaction will be carried out following necessary protocols to ensure this.

Co-DEX will also allow easy and swift access to its platform by integrating with metamask and ledger so their users can trade comfortably.

Interestingly, there’ll be availability of decentralized wallet application by the platform (Co-DEX wallet) which can be used to store and manage your funds and stores your private keys to your device only.

What other amazing features are there to be enjoyed on the platform?

No Fees Policy: Unlike other exchange platforms that charges you for trade executions, the only charges you’ll be paying for on Co-DEX is your transaction charge, no hidden charges whatsoever
Availability of both market order and limit order
Multiple order execution which only allows for single transaction charge and
Availability of cross chain transactions that allows for trading of multiple blockchain tokens.

Token Details

Co-DEX token shall serve as the fuel of the platform with several usecases. The Token symbol is COD1 and is an ERC-20 based token with a total supply of 250million and initial price of $0.05. There are several usecases of the token on the platform which includes;

Ability of holders to partake in IDO’s
Payment towards third parties in any case of future collaboration
Access to airdrop of newly listed tokens on the platform to all COD1 holders which depends on the quantity of tokens being held
COD1 shall be used also as set up cost for future IDO’s.

Interestingly, there’ll also be a periodic COD1 tokens buyback program by the team in order to ensure high liquidity of the tokens.

Conclusively, the lack of a truly decentralized and inter-operatable exchange platform is the reason behind the innovation of Co-DEX exchange platform and judging by the professionalism and experience of the team members, then it’s certain the platform will not fail to deliver efficiently to all its users, you shouldn’t miss out on this great revolution at its early phase!