A full-featured decentralized exchange (DEX): WeiDex project

August 31, 2018

About a company:

WeiDex is a full-featured decentralized exchange (DEX). This ensures the highest possible security, full transparency, and open source logic, Any operation at ** WeiDex** is completely secure and risk-free. We will make decentralized exchange widely and widely used method for securely transferring crypto assets.

Vision of WeiDex is to provide the best service to our clients, from user interface and user experience to usability and performance.

In general, WeiDex company offers users convenient trading opportunities on the exchange, as well as exchanging cryptocurrency and a unique freelance platform, where employers can search for potential performers and hire them by paying for the work with such popular cryptocurrencies as Bitcoin, Ethereum, and own WeiDex system tokens. Centralized networks have long been a thing of the past due to the fact that they are not very convenient to use, do not provide constant access to information from different devices, and absolutely do not guarantee the safety, the systematization of information and its security.

Advantages over other existing decentralized exchanges:

Referral System Program - Invite a friend and 20% of their exchange trading fee goes to your wallet. The number of users you invite determines the number of bonuses you will receive. This is often used strategy, we hope that when we have a good amount of users, we will make this count grow exponentially with the referral system. This functionality is entirely handled by the smart contract and such kind of referral bonuses has never been implemented on another decentralized exchanges.
Low Fees - As compared to other platforms that require huge procedures and huge pocket cut, weiDex is cost effective and minimizes time wastage. This is because the platform is created in a very fast and efficient blockchain network. You will only be charged little or no amount thereby making you deploy a payment service of your own. Even more, after a certain amount of volume is reached, there will be no fees. For example if the daily exchange volume is 1000 ETH, then all trades will be completely free for the rest of the day.

Multiple Order Fulfillment - As compared to other platforms that require huge procedures and huge pocket cut, weiDex is cost effective and minimizes time wastage. This is because the platform is created in a very fast and efficient blockchain network. You will only be charged little or no amount thereby making you deploy a payment service of your own. Even more, after a certain amount of volume is reached, there will be no fees. For example if the daily exchange volume is 1000 ETH, then all trades will be completely free for the rest of the day.
Cross-Chain Transactions - Cross-chain transactions are the golden apple of our project. This is one of the hardest and most difficult, unsolved problems in the blockchain technology. We have different blockchains, but they have their own ecosystem. We hope to unite them in a decentralized and secure way in order to exchange trading assets from separate blockchains. There are different solution to this problem and these solutions include side chains or atomic swaps, but we offer a new innovative solution in which we will use our token and smart contract.
Tokens Airdrop - When we list a new token, we will require a fee from the token creators. With this token fee, we will provide an airdrop of fresh new tokens for our loyal customers.

Features:

Full control of your asset any time
Public and transparent transactions
No personal data needed for registration
No withdraw/ deposit limits
No account suspension
Open source smart contract

Token:

Token symbol - WDX
Total inventory - 50 000 000 WDX
Token Type - ERC-827
Decent Token - 18

WeiDex Token (WDX) has several different uses:- Users will have the opportunity to reduce their trading costs by 50%
- When new tokens are registered in weiDex, they can use WDX as a payment method.
- Users will be able to exchange WDX between different blockchain, eg ETH and NEO. In the roadmap, there is integration with Neo. Once this integration is done, users will be able to trade between these platforms using WDX.