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DeversiFi

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Volume
The fiat value of incoming dapp transactions over a period of time
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Contract Balance
The total fiat value of assets in a dapp's smart contracts
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Blockchain
Ethereum
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News

Latvia Implements New Crypto Tax Legislation

Latvia has passed a new law changing the taxation of crypto investment account gains, focusing on withdrawals rather than individual trades.
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Son Min-ho

Significant Bitcoin Transfer from 2013 Wallet Sparks Market Speculation

An early Bitcoin holder has moved approximately 41,145 BTC from a dormant wallet, raising concerns and interest among traders.
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Ayman Ben Youssef

Cysic Halts Crosschain Bridge Following Token Creation Incident

Cysic has suspended its crosschain bridge after an attacker created 10 million unauthorized CYS tokens on BNB Chain and converted part of the supply into assets moved toward Ethereum.
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Tando Nkube

What is DeversiFi?

DeversiFi - an Ethereum-based trading platform, built to protect your funds. You may trade the most popular cryptocurrency tokens from highly liquid markets. All it’s done by a connecting your Ethereum wallet. Registration of a personal account on the exchange isn’t required.

Contents:

  1. What is a DeversiFi?
  2. Choosing a dapp wallet for trading on DeversiFi
  3. Commissions and discounts on the blockchain platform

DeversiFi обменник

What is a DeversiFi?

DeversiFi - a high-speed, comprehensive, decentralized trading platform for digital assets. This is the only exchange where traders can make large exchanges at a low price from their private wallets. Without registration or with, the resource supports the most popular wallets: Metamask, Squarelink, Portis, Ledger, Trezor. Service has been working for 2 years on the Ethfinex platform, called trustless.ethfinex. Now the resource is completely independent exchange that meets the needs of traders, without speed or security damage. Service is going to become the first exchange on the market, based on StarkWare technology. Trading platform will provide the instant payments, high liquidity, increased security without violating a privacy. The exchange has its own Nectar token (NEC), which directly affects the size of discounts for user. Creation of your own token - the endpoint at this development stage in the RoadMap. In this case, the team isn’t going to stop there.

A wallet choice to trade on DeversiFi

As it was mentioned above, in order to start trading on DeversiFi, the user doesn’t need to create a personal account, pass checks and fill out the KYC form. To start working with the resource you just need to connect your personal wallet. A decentralized exchange is fully integrated with these wallets:

  • Metamask;
  • Portis;
  • Ledger;
  • Trezor;
  • Keystore.

It allows instant trading, regardless of your wallet.

Tip: if you don't have a configured Ethereum wallet yet, newbies usually prefer Portis. Portis - a safe, easy-to-use cross-platform wallet.DeversiFi

Please, note that the service doesn’t gain access to your tokens, connecting a wallet. And even if the exchange’s smart contract wasn’t audited, users can be sure of the platform reliability and the safety of their own funds.

Commissions and discounts on the blockchain platform

The main advantage of the exchange is the launch of discounts. The discount size directly depends on the trading volume of users for the last 30 days and the size of the transaction order. Also, their size is affected by the Nectar Token Reserve (NEC). The White Paper of the NEC token describes the program for the development and promotion of coin owners in more detail. While the base fee on the exchange will remain at 0.25%, the platform said, that discounts of up to 30% will be provided to users now. Depending on the size of the auction, a maximum discount of 70% is possible. It means that the commission can reach as low as 0.08%. The all bonus conditions for traders:

$0.00 0%
$150,000.00 and more 5%
$1,000,000 and more 10%
$4,000,000 and more 15%
$9,000,000 and more 20%
$18,000,000 and more 25%
$30,000,000 and more 30%

Traders can immediately start to receive discounts from these first two criteria, trading volume and order size. However, the discount system, based on NEC tokens, hasn’t been launched yet. At the moment, the platform continues to strive to improve the NEC 2.0 model. When the update will have been completed, users will be notified. Meanwhile, the team is urging to replenish accounts at NEC in anticipation of the discount program launch. And you can receive notifications of the next platform improvements by following the platform’s social networks, such as Facebook and Telegram.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.