Deflexchange
Deflexchange
great way to increase exchange
What is Deflexchange?
what do you know what deflex is. Deflex is the first cryptocurrency exchange, Deflex has created an exchange that combines deflation with all cryptocurrency, no matter if it's a token or a coin. from their point of view, there are two types of exchanges. One type of exchange is those that create new features, new services and make the cryptocurrency industry a step further for mass adoption.
Deflex will set its own server locations around the world in certain regions so that it not only has control over its own network and thus ensures the prudence and security needed for users, but also to be more decentralized. This means that Deflex is central and decentralized. Because the location of the server is unknown, setup issues cannot arise and each user can use Deflex without problems and restrictions.
Problem
Bad technical architecture
Without the right infrastructure, Exchange will not exist for a long time. Today, many exchanges use cloud services or third parties that can offer them the computing power they need and can provide them immediately. However, this creates a problem because dependence on these service providers and third parties is increasing. This raises the problem that in the event of a third-party server failure, Exchange itself also fails. This can also increase the risk of a hacker attack, because the infrastructure is not available.
Deflex will set its own server locations around the world in certain regions so that it not only has control over its own network and thus ensures the prudence and security needed for users, but also to be more decentralized. This means that Deflex is central and decentralized. Because the location of the server is unknown, setup issues cannot arise and each user can use Deflex without problems and restrictions.
KYC revolus
This is a real problem that threatens the decentralization and anonymity of cryptocurrency. Cryptocurrency was created to change and revolutionize the current monetary situation. The KYC process is required by the authorities and exchanges often have to request this from their users due to international law. On the one hand, exchanges can meet certain regulatory requirements and enter into various partnerships, and users can also feel safer because KYC increases account security. On the other hand, this increases the influence of the authorities on exchanges and fewer users dare to come to exchanges that require KYC.
Anonymity Deflex and decentralized infrastructure not only guarantees security of assets and other data, but also immunity against individual authority. Deflex will not require KYC from its users and will also defend cryptocurrency freedom and anonymity in trading.
Customer service
By far the biggest complaint that users have with existing cryptocurrency exchanges is poor customer support. The problems are many and include long withdrawal times, login problems, support tickets that are not answered, and documentation that does not exist. When dealing with such large amounts of funds, users need a professional customer support experience to receive the support they need.
At Deflex, one of the top priorities is a pleasant user experience, and one of the biggest user experience enhancements to be made in today's digital currency exchange is customer support.
Lack of transparency
From a user's perspective, it is difficult to know what is happening behind the scenes exchange. Many Exchanges keep secrets of their income because they want to hide it from "competitors". Many are kept secret. Also for what costs are used.
We want to change it with Deflex. Exchange reaches its peak only through its own community. That's why users need to be able to know what the company is doing in the background and what ownership is at the moment and therefore the public will be able to see all the latest data on the Platform Deflex Status. This includes the current balance of fees collected.
Deflex exchange
● Exchange of deflation
Every month there will be a burning day in Deflex where the collected currency will be burned for a period of one month. Currency is collected on each transaction that incurs costs. A portion of each fee is added to the Burning Pool and kept transparent there. These will then be opened later on the day of burning and sent transparently to the burning address so they can be burned. This is done with every cryptocurrency collected and anyone can view this account freely on the blockchain.
● Matching Machine
Our machine is able to maintain 900,000 orders per second. This value will be at the beginning. Over time we will improve our machines. We expect to reach the level of 1,700,000 orders per second.
Coin
Deflex will support trading pairs in the following coins:
● BTC
● DEF (Deflex Coin)
● USDT (Tether)
● TRX (Tron)
More trading pairs will be added from time to time and we will ask the community if they want more trading pairs and which ones. This vote will take place in our exchange in the poll section. Deflex will also support the ERC20 Token trade and the TRC20 Token trade.
Revenue Model
Deflex's revenue will come from the following sources:
● Exchange Fees
Deflex will initially charge a fixed fee of 0.1% per trade. Other variations will be introduced later, including maker-takers, exhausting based on volume and promotion costs. We have no plans to charge a fee above 0.1%.
● Withdrawal Fees
Deflex may charge a small fee for withdrawals
● Recording Costs
Deflex will choose innovative coins and other assets to be listed on the exchange, there may be costs associated with the listing.
Deflex Coin (DEF)
We will issue our token, which is called Deflex. A strict limit of 91,000,000 DEF will be made, never increased. DEF will run natively on the Ethereum blockchain with ERC-20. DEF is also one of the deflationary cryptocurrency, because the supply of DEF does not increase and the day of the burning we are aiming for, which also involves the burning of DEF.
Allocation
● 60% - Initial Coin Offer (ICO)
● 35% - Company Funds
● 5% - Founding Team
Use of Funds
● 65% of the funds will be used to build Deflexchange and
infrastructure, which includes team recruitment, training, law
support, administrative costs and development budget.
● 25% will be used for Deflex branding and marketing, including
promotion and continuing education from Deflex and Blockchain
innovation in industrial media. Adequate budget for various things
advertising activities, to help Deflex become popular among people
investors, and to attract active users to the platform
● 10% will be saved as a backup in case of emergency or
unexpected situations that might arise.
TOKEN
Coin Deflex gives holders various options to benefit from the platform. By using Deflex Coin when trading, this allows users to save 50% of the cost. Another option is to bet Defleks Coins on the platform and get some of the costs for yourself. Monthly burns will also occur, which will reduce the supply of Deflex Coins and thus reduce the amount of DEF in circulation.
Feature
Low Deflex trading costs allow it to trade at a maximum trading level of 0.1%. Additional 50% discount if you use coins.
There is no KYC
Because of decentralization, KYC is not required to use the platform.
Lower cost
For withdrawal transactions, we charge a maximum fixed fee, for which we pay the remaining amount in the account.
Comfortable
Our machines can hold 900,000 orders per second. This value will be at the start. Over time we will improve our machines.
Cost
You can use DEF to pay for any fees on our platform, which include but are not limited to:
1. Exchange
2. Withdrawal fees
3. Registration fee
4. Other costs
When you use DEF to pay fees, you will receive a fixed 25% discount.
ICO
The ICO will be held at ETH. The unsold token will be burned after the ICO.
Sales token
● Ubin symbol: DEF
● Total token supply: 91,000,000 DEF
● Total supply of tokens sold: 54,600,000 DEF
● Token exchange rate offered: 1 ETH = 1595 DEF
● Public Crowdsale Date: starting: 20. March 2020 end: 10. April 2020
● Hard Cap - equivalent to $ 4,500,000 in ETH
● Soft Cap - equivalent to $ 1,700 in ETH
● Minimum contribution: 0.1 ETH
Allocation
● 60% - Initial Coin Offer (ICO)
● 35% - Company funds
● 5% - Founding team
Use of funds
● 65% of the funds will be used to build Deflexchange and
infrastructure, including recruitment, training, legal teams
support, administrative costs and development budget.
● 25% will be used for Deflex brand and marketing, including
Promotion of Deflex and Blockchain and continuing education
innovation in the media industry. Adequate budget for various things
advertising activities, to help Deflex become popular
investors and attract active users to the platform
● 10% will be saved as a backup in case of emergency or
unexpected situations that might arise.
ROADMAP
August 2019
● Concept Development & Development
● International teams start working on the platform.
December 2019
● Whitepaper release
● Website release
January 2020
● MVP release, ICO planning & preparation begins
● Our MVP will be available on our website
March 2020
● Launch of the Initial Coin Offer
May 2020
● Launch of Deflex Beta
● Beta testing will be open to the public.
● Open deposits and withdrawals. Trade begins.
Q2 2020
● Launch of Deflex 1.0
● Server Network Expansion
Tim
1. Ron Bennett, CEO of Deflexchange
2. Daniel Stein, CMM Di Deflexchange
For more detailed information, please visit the link below:
● Website : http://www.deflexchange.com/
● Twitter: https://twitter.com/deflexchange
● Telegram: https://t.me/officialdeflex
● GitHub: https://github.com/deflexchange
● Reddit: https://reddit.com/r/deflexchange
● Dispute: https://discord.gg/QUyd4Ph
● Ann Thread: https://bitcointalk.org/index.php?topic=5227059
by ;sintosca
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