Defi Trade | The First Decentralized Trading Platform

Welcome everyone, hope you are having a great day. Yesterday i was happy that found a potential project, it’s called Defi Trade. Because i think you need to know about this project, so let’s learn about Defi Trade.

Introduction

Blockchain

“Blockchain isentirely free, blockchain can not only transfer and store money but can also allow us to no longer need services that charge a small fee to conduct”

Blockchain is a simple yet incredible way to transfer information from A to B in a completely automated and secureblock way. A This paty block of a transaction Is verifed by begins thousands the process (sometimes by millions) of computers distributed on a neteork. The verified block is put
into a chain, stored on the network, creating not only a single record but a single record with a unique history. Falstying a record would mean fatsitying the entire string in millions of cases. That is almost impossible. Bitcoin uses this model for currency transactions, but it can be implemented in other ways.

What is Defi Trade?

“Defi Trade is The world-leading decentralized exchange trading in the CFD Market”

From the explanation above, we know that Defi Trade is:

1. Decentralized Exchange
2. CFD Market

Decentralized Exchange

“The Decentralized Technology will bring about incredible experience and absolute security”

Decentralized Exchange (also known as DEX) is an exchange market that does not rely on third-party services to preserve Customers' money. Instead, transactions Occur directly between users (peer-to-peer transactions) through an automatic process. This system is run by the issuance of intermediary tokens (crypto assets representing an individual fiat or cryptocurrency) or assets (possibly representing shares in a company, for example) or a decentralized multi-signature escrow system, among other solutions.

Why use DEXs?

1. DEX over a centralized exchange is their "trustless" nature. You do not need to trust the security or honesty of an exchange because the money is kept by yourself in your personal wallet, not by a third party.
2. Users are not required to giveaway sensitive information to anyone unless the exchange method involves bank transfer. In that case, your identity is only disclosed to the seller or buyer dealing with you. On top of that, decentralized exchanges are safer against hackers because there is not a single weak point like in centralized exchanges.
3. Hosting of decentralized
   exchanges is distributed across the related nodes meaning there is no risk of server downtime.
4. DEX also uses smart contracts to facilitate transactions on its peer-to-peer platform, which means that deals can benefit from the additional security layer due to the cryptographic nature inherent in blockchain technology.
5. On DEXs, users who deposit their money and exchange issue an 1OU' can be freely traded on the platform. When users request their withdrawals, these funds are converted back to the cryptocurrency they substitute and send to their owner.
6. Anyone in any country can join. Not only that, but these platforms also allow global trading, and there is no need to use fiat currencies.
7. DEXs do not need to comply with AML (Anti Money Laundering) laws and do not require the KYC (Know Your Customer) process. Having a crypto address is a way to register for DEX.

Above is about benefits of DEXs, and also you can get it at Defi Trade Platform.

CFD Market

“Profit your position during a Bull & a Bear market”

CFD trading is defined as buying and
selling CFDs (CFDs mean 'co tracts for differences’). CFDs are derivative products because they allow you to speculate on financial markets such as stock, forex, indices, and commodities markets without owning an underlying asset. Instead, when you trade CFDs, you agree to exchange an asset’s price difference from the moment the contract is opened until it is closed.

One of the main benefits of CFD trading is that you can speculate on price movements in either direction (up or down). The amount of profit or loss you get will depend on how accurate your prediction is.

Two Types of CFD Pricing

• The Buying Price

The buying price (or offer ask price) is the price at which you can open a buying CFD.

• The Selling Price

The selling price (or bid price) is the price at which you can open a selling CFD.

“The bid price will always be slightly lower than the current market price, and the offer price will be a little higher. The difference between the two prices is called the spread”

Payment Gateway

• Bitcoin (BTC)
• Ethereum (ETH)
• TetherUSD (USDT)

Asset For Trade

• Forex
• Commodities
• Cryptocurrency
• Stock
• SP500
• US30

Benefits Using Defi Trade

1. Privacy, Absolute security for your account thanks to decentralized.
2. Support, 24/7 Costumer support technology.
3. Demo Account, experience trading using a demo account with unlimited fund.
4. Payment, easy withdraw.
5. Speed, capital turnover within one minute.
6. Income, unlimited IB incomes.

Conclusion

As we know that Defi Trade use DEXs and CFD Market, it’s means this platform offers you:

• High security, so you can trade with safe and not afraid about hack etc. Because your funds are handled by you.
• Profitable, you can make huge profit with leverage, and supported by capital turnover within one minute that give you fast to earn and also you can reduce your losses with margin.

There is my article about Defi Trade, I hope it can be useful for everyone. I will be happy if you commented on this article. The last, thanks for reading this article.

“Increase Your Profits and Reduce Your Losses”

Disclaimer

“The main purpose of this article is to learning about Defi Trade project. Under no circumstance, it should be considered as an investment advice”

More Detail About This Project:

• Website: https://defi.trade/
• WPP: https://drive.google.com/file/d/1_ChG09bl29HTSstIpf_HFOHCeNNf7484/view
• Twitter: https://twitter.com/defitrade
• Facebook fanpage: https://www.facebook.com/defitrade/
• Medium: https://medium.com/@defitrade
• Telegram channel: https://t.me/defitradeexchange
• Telegram group: https://t.me/defitradegroup
• Youtube: https://www.youtube.com/channel/UCKQ1pUh2yzivLazjLAN03yg

Author

Forum Username: Momoring64

Forum Profile link: https://bitcointalk.org/index.php?action=profile;u=2256758

Wallet address: TKBeCoDTbYLrwaCpivpu7YNg4ngJHH9s8x

Telegram username: @IndraZV