Newdex - the largest Tron-based exchange in the world, developed and managed by Newdex Inc. Meanwhile, the company continues to explore a multi-chain trading model. It seeks, first of all, to create a platform for trading a new generation of digital assets, opening a new era in this trading industry.
Contents:
- Newdex application dapp history
- Pros of the Newdex blockchain platform
- The technical side of the Tron exchange
Newdex application dapp history
Founded on August 8, 2018, the company was first launched on TRON. Newdex has become TRON's largest decentralized exchange.
After that, the company successfully deployed a trading platform with several companies. Newdex was created for a safe trading, which will widely study a new form of trading in the future. Moreover, the company launches the major projects and strives to become the main one in this industry.
Pros of the Newdex blockchain platform
The company operates on the TRON blockchain, which is very popular in the world. First of all, it applies the “matching and settlement on chain” mechanism. According to user experience, the platform competes with many exchanges.
The exchange has many unique advantages, compared to other:
| Data on chain, open and transparent | All transactions are in the chain and they are clear. In addition, the data is protected from hacking and is checked in real time. And this, above all, effectively allows you to avoid the internal manipulation of exchange. |
| Trustworthy, highly secured | The exchange doesn’t have an access to the user's personal profile. It means that users retain a full control over their funds. Such protection effectively affects the safety of user funds. |
| Convenient trading, receiving in real time | Trading account is decentralized with no registration, no deposit. Withdrawal of funds occurs in real time after the completion of transactions. It provides users with a convenient operating experience. |
Today the company pays a great attention to the technical part. In the future, they plan to increase the list of partners and the number of supported tokens.
The technical side of the Tron exchange
Today, the exchange statistics shows the following:
- trading pairs at the site - 173;
- volume per marketing pair - 30,5%;
- currency volume - 96,1% TRON.
In conclusion, this is the first exchange, which easily reached a collaboration between the Exchange platform and the Wallet around the world. It offers a single currency trading service for users inside the wallet.