Newdex - a platform that consists of a new decentralized exchange. Therefore, the resource defines a new generation of decentralized exchanges. Newdex - the world's first decentralized exchange, based on the EOS ecosystem. The resource highlights its 3 main qualities: security, transparency and speed. It is leading the industry into a beautiful new era of decentralized trading.
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Start Newdex
Newdex - the world's largest EOS-based decentralized exchange. It is developed and operated by Newdex Inc. With the mission of free flow of digital assets, the service continues to explore this multi-chain trading model. The platform supports safe, fast and transparent trading. The team is also striving to create a platform for trading next generation digital assets.
Founded on August 8, 2018, Newdex was first launched on EOS and supported EOS chains such as:
- BOS;
- TELOS;
- FIBOS;
- MEETONE;
- ENU;
- WAX;
- LYNX.
The platform does not have a WhitePaper. However, if you want to follow the latest developments in the life of the team, you can subscribe to the page on the Twitter social network.
Operating mechanism of dapp application
Newdex has become the largest EOS-based exchange. In August 2019, in addition to working on EOS, the resource also launched its work on the basis of TRON. And thus took the top 5 among the decentralized exchanges on this platform. Since then, the service has successfully deployed a "multi-chain" trading platform.
| 1. Newdex (EOS version) | Deployed a smart contract with a valid "chain matching and settlement" mechanism. |
| 2. Newdex (TRON version) | Adopted the current mechanism "chain matching and chain settlement". |
Despite the fact that users cannot familiarize themselves with the RoadMap of the project, they can observe a constant improvement of the resource. So, after the innovations, the team did not stop and introduced the following technical innovations:
| Firstly, trading by using a QR code through Wallet | The exchange has reached a collaboration between the Exchange platform and Wallet in the world. It has implemented QR code for login, pending order, order cancellation, etc. |
| Secondly, trading through the built-in wallet | Launched the "built-in Exchange platform". It offers a unified token trading service within the wallet. |
The platform's smart contract has not been audited, but the developers guarantee the safety of using the resource.
Characteristics of the Newdex project
Use blockchain technology to understand that order information can be verified along the chain. All transaction data is transparent, tamper-proof and verified in real time. You retain complete control over your funds. This avoids the risk of asset theft, misappropriation of funds and capital flight. In this way, asset security is effectively created. Trading accounts are created without registration, no deposit and no withdrawal. The receipt of assets occurs in real time after the completion of the exchange. Focus on liquidity, various activities. Support for the free flow of various tokens and a list of tokens over time. It helps to trade the token assets in the account quickly.