WhaleEx - a major decentralized exchange on the world stage. The platform offers exchange with the highest liquidity. WhaleEx provides convenient asset storage, zero trading fees and instant withdrawals. WhaleEx - the best place to trade cryptocurrency.
Contents:
- WhaleEx review
- The main advantages of the blockchain resource
- Trading commissions of the dapp project
WhaleEx review
WhaleEx, deployed on the EOS network, is the world's first exchange to implement a multitasking smart contract for the decentralized storage of assets. Any changes, made to the smart contract and assets, require the approval of the block producers WhaleEx, SlowMist and EOS. This means that all assets will be safe even if the platform's private keys are compromised.
WhaleEx - a true decentralized exchange. The team has developed cross-chain technology to support a wide range of assets, including BTC and ETH. The use of fiat funds is also available. Also, the resource invariably inspires investors. The project does not have a RoadMap, but the team is reporting the introduction of new features. So it is going to create a WhaleExpedia to provide educational materials for those who wish. The resource has its own WAL coin. Clients can buy WAL and be able to trade commission-free. Also, the token can be used as follows:
- a 10,000 WAL bet to double the reward for the treasure chest;
- a rate of 500,000 WAL to receive a 40% reward for inviting first-level users.
In the future, WAL will have even more exchange-related use cases. Due to the lack of WhitePaper with detailed information, you can get acquainted on the official website and on the pages in social networks - Twitter and Telegram.
The main advantages of the blockchain resource
When you talk about a marketplace, you can see its strengths. Every day the demand for the resource is growing due to the features that we will consider now.
| Asset security | Third parties do not have access to your funds. Only you control your coins and make deals directly with whoever wants to buy or sell them. Also, the platform is immune to hacker attacks. |
| Anonymity | You are not required to provide personal information and fill in data. This allows you to create an account and start trading immediately. |
| Continuity of work | Platform servers are scattered all over the world, which reduces the risk of downtime. |
The exchange also offers its trading platform in mobile versions, both IOS and Android, as an app. As such an opportunity is very useful for traders who want to trade or perhaps just keep track of their trades on the go.
Trading commissions of the dapp project
Each time you place an order, the exchange will charge you a trading fee. The trade fee is usually a percentage of the value of the trade order. On this platform, each party pays a commission in the amount of 0.10% of the order value. We also talked about a bonus program above, which makes it possible to trade without commission after purchasing a token. In addition, the service does not charge a withdrawal fee. This is a very strong competitive advantage in the market. Speaking about the methods of deposit, it is worth noting that you can replenish your account only with digital currency. At the same time, the exchange itself never touches your assets.