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EOS · 9w

What Problems Does DAEX Seek To Solve?

Why do we need a solution like DAEX? The platform seeks to solve a number of major problems with today’s cryptocurrency industry. Today, there are two main types of exchanges, including centralized and decentralized exchanges. Centralized exchanges provide a centralized order matching mechanism for traders. They hold onto traders’ funds, and traders complete trades across the order book. These exchanges are fast and have high liquidity, but traders don’t have full control of their funds. Decentralized exchanges work in a different way: they cut out the middleman and allow traders to complete P2P trades. Traders have complete control of their assets, allowing them to maintain full security of their funds. However, decentralized exchanges often suffer from problems with liquidity and long transaction times. DAEX aims to solve both of these problems by creating a hybrid decentralized/centralized cryptocurrency exchange. This project is growing and the team is trying to accomplish the goal of the project! [r/DAXE](https://www.reddit.com/r/DAXE) For more info please visit: [https://daex.io/](https://daex.io/) [https://daex.io/whitepaper.html](https://daex.io/whitepaper.html) [r/bathu89](https://www.reddit.com/r/bathu89) u/bathu89
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