Why decentralized margin exchange DEC777 will be leading the trend
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A decentralized exchange (DEX) is a way of exchanging cryptocurrencies or other blockchain-based assets without a centralized agency or intermediary. These new exchanges for decentralized finance (DeFi) have inherited the advantages of blockchain: decentralization, censorship resistance (such as no KYC), extremely high security, and untamperable data.
Anybody who has an Ethereum address can join the DeFi ecosystem where you can enjoy almost all of the financial services of traditional financial institutions. This means that DeFI can facilitate access to banking and financial services for anyone with an internet connection and could increase financial inclusion for billions of unbanked people and remote communities.
The most popular decentralized exchange is DEC777, primarily based on the Ethereum blockchain. DEC777 is the Decentralized exchange built on top of 0x smart contract that is considered the most transparent & reliable protocol to exchange / swap / lending — saving crypto assets or currencies.
Decentralized exchange marks the third generation of decentralized movement
Bitcoin and its underlying technology blockchain hold the promise of removing “trusted third parties” as much as possible. Ethereum introduced smart contracts while adopting the technologies behind Bitcoin, which made decentralized application (Dapps) a reality.
Now DEC777 have further expanded decentralization into exchange and trade, removing trusted intermediaries, and having the potential to replace traditional trade and exchange concepts and utilities. It is unfortunately no surprise that there has been a lot of news about manipulation in centralized crypto exchanges. This is why in the traditional financial industry regulatory bodies are very important for normal financial activities. But even under such regulations, we are still suffering scams and a high threshold of entrances.
After Bitcoin and Ethereum, DEC777 is the third-generation movement of decentralization. It is expected that decentralized exchanges will eventually completely remove centralized exchanges and their Apps,as it expands to the traditional financial industry — ecosystems around trade, payment and settlement systems would be reshaped.
some of the outstanding qualities of Dec777
· DEC777 is a non-custodial decentralized exchange with some prominent features such as margin trading, derivative trading, leverage trading, futures trading.
· DEC777 uses blockchain technology of ERC777 platform — ERC777 platform is an enhanced version of ERC20, and is compatible with the decentralized financial market (DeFi).
· DEC wallet is a tool which can store and protect user assets and support swap and staking functions as well.
· There is a new blockchain will be launched in the third quarter which is to support businesses in data storage.
Dec777 offers best in class security measures for safety of the traders. You as a user, is not obliged to put all your trust and confidence in the exchange because you have your funds in your wallet and not held by us. Privacy is another important element of decentralized exchanges. DEC777 don’t request your personal details. Your details are only required during transactions with another user that involves bank transfers. Mind you, you are not revealing your identity to us but the other party involved in the transaction. Margin trading on decentralized exchanges such as DE777 attract zero hidden charges and are more convenient as well.
DEC777 Token has many open ecosystems. Future ecosystems that not all other exchanges have.
- DEC token is the main token traded on DEC777.
- DEC777 Defi decentralized exchange.
- DEC wallets, The place to keep the coins, Token defi.
- DEC Dapp, connecting protocol to platforms.
- DEC open futures contract.
- DEC Cloud.
- DEC DCF.
- DEC Staking.
- DEC support and investment fund.
Last but not the least, DEC777 promises to create a decentralized exchange completely different from other centralized exchanges. Trading volume and speed will be a bridge for investors, creating strong attraction for traders, P2p, loans and leverage, a different look around the world. An environment full of new technology and the most advanced, the technology beyond your imagination is existing at DEC777.
DEC777’s Team
