DDEX - the first exchange, based on the Hydro Protocol technology. The big advantage of the exchange - a safe trading. You can not open an account and not share your personal information. There is no blocking period or fee for depositing and withdrawing funds. This exchanger not only helps to prevent theft, but also saves time and money.
Contents:
How does DDEX work?
DDEX is a relayer. In essence, it creates an order book from cryptographic messages, made by the market-makers. The marketmaker - a user, who wants to exchange the needed amount of one asset for another, at a certain price for several days.
DDEX - the international organization,setting the standards. It was created in 2006, so that companies could successfully transmit information by:
- development of standard message and file formats;
- creating specific business operations;
- writing communication protocols;
- calculating ERC20 orders on the Ethereum network.
The exchange seeks to add support for other blockchains in the future. At this stage, DDEX will support the ERC20 and QRC20 currencies. The exchange sends liquidity information out of the chain and uses 0x at the order calculation level. This allows to execute orders on the chain quickly, without changing the calculation of orders.
Benefits of the dapp platform
DDEX is different from other exchanges such as EtherDelta. It uses economic incentives at the network level. This coordinates the execution of orders and improves liquidity.
Why you should choose this exchange:
| Registration | Start a safe trading on the exchange right now, using one of the supported digital wallets. You don’t need any additional registration. |
| Industry leader | One of the best exchanges in terms of transactions and trading volumes. |
| Safe trade - no deposit required | Using Ethereum and Hydro Protocol smart contracts, DDEX allows people to trade currency directly from wallet to wallet. No deposit is required, because you have a full control over your assets. |
| Mobile focus | Trading 24/7. The exchange offers a wide range of mobile options for trading. You can download the mobile app in the Apple App Store and Google Play Store. |
The Hydro API documentation is free. Given its unique network level, the platform should be different from other exchanges in terms of liquidity. Thus, DDEX competes with companies such as The Ocean, Paradex, Ethfinex and others that charge transaction fees.
In conclusion, the exchange has a very convenient interface, offers a decent liquidity, has a significant number of markets and also boasts an impressive strategic partnership. It will be exciting to see how it develops further!