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  • Decentralized Crypto Exchange Mobiloitte

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    P2P crypto exchange is a platform where a buyer directly pays to the seller. Sometimes it’s also called decentralized exchange as the platform only serves as a matching and routing layer for trade orders, it does not hold customers’ funds, and no third party controls it. Decentralized cryptocurrency exchanges mostly don’t require KYC procedures and have lower fees comparing to centralized exchanges.

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    P2P crypto exchange is a platform where a buyer directly pays to the seller. Sometimes it’s also called decentralized exchange as the platform only serves as a matching and routing layer for trade orders, it does not hold customers’ funds, and no third party controls it. Decentralized cryptocurrency exchanges mostly don’t require KYC procedures and have lower fees comparing to centralized exchanges.

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    © All Rights Reserved
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    8 views1 page

    Decentralized Crypto Exchange Mobiloitte

    Uploaded by

    Mobiloitte Technologies
    P2P crypto exchange is a platform where a buyer directly pays to the seller. Sometimes it’s also called decentralized exchange as the platform only serves as a matching and routing layer for trade orders, it does not hold customers’ funds, and no third party controls it. Decentralized cryptocurrency exchanges mostly don’t require KYC procedures and have lower fees comparing to centralized exchanges.

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    © All Rights Reserved
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    of 1

    DeFi Development

    Decentralized Crypto Exchange Platform


    Distributed Exchange (DEX) is an online Keys Points
    cryptocurrency exchange service that operates
    ● Send and receive any existing
    without a central authority responsible for asset
    storage and exchange. This service allows fast and
    cryptocurrencies.
    easy digital currency transactions between two ● Issue and manage new tokens to digitize
    interested parties without the unnecessary assets – create, mint/burn, and
    movement of crypto currencies with attached and freeze/unfreeze.
    anonymous currencies. ● Create trading pairs between different
    tokens.
    Key Points ● Send orders to buy and sell crypto assets
    ➔ No third party operators through created trading pairs.
    ➔ Flat currency transactions will not be allowed ● Watch the market charts to monitor
    ➔ Most of the times Market Takers will only be
    prices and market activity for other
    part of the platform
    ➔ Direct updating of trading transactions on
    market pairs, powered by TradingView, or
    Crypto Nodes. No database entries any other trading chart API.
    ➔ The volume of the crypto trading transaction ● Explore the transaction history and blocks
    will be very less on the chain via different interfaces.
    ➔ Low-Grade speed of trading (Due Real Time ● Run a full node to listen and broadcast
    Crypto Node Update) chain transactions, blocks, and consensus.
    ➔ Liquidity will be the challenge (Only Handle ● Develop more tools and libraries to
    Crypto Coins on Nodes) improve and enhance OpenDEX.
    ➔ Know Your Customer (KYC) & Anti-Money
    Laundering (AML) practices
    ➔ No Private Keys in the application
    ➔ Not the first choice of hacking/cracking of
    the system

    What is OpenDEX?
    Open-Source Decentralized Crypto Exchange
    (OpenDEX) is a solution for developing inexpensive
    Uniswap-based cloud-as-a-service (SaaS) software
    at the time of recording.

    The decentralized exchange platform developed by


    Openware is flexible, fast, and scales well. You can
    host it anywhere from your private cloud to any
    popular cloud service like Digital Ocean, Google
    Cloud Platform, Amazon AWS, and Microsoft Azure.

    connect@mobiloitte.com Whatsapp: +91 9999525801 www.mobiloitte.com

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