Announcing Plus Protocol’s Beta Launch Oct 17

Plus Protocol
3 min readOct 15, 2018

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An advanced decentralized exchange for merchants and traders

When we think the term “decentralized” in the crypto exchange space, there tends to be a shortcoming of platforms who deliver total control of funds to the user. With that said, the industry is slowly turning heads and adoption of DEX is picking up.

Our mission at Plus Protocol is to deliver a peer to peer model where traders, merchants and the community can trade their cryptocurrencies in a secure way. All on a decentralized platform.

Beta Launch Date: October 17, 2018

We are proud to announce the launch of Plus Protocol Beta version on Wednesday, October 17, 2018.

Beta Launch Features

The beta launch features will include Keystore login/register capabilities with limit, market and stop/limit functions for buying and selling cryptocurrency. All with the information being encrypted on the blockchain through smart contracts to ensure utmost security.

Plus Protocol’s main feature enables traders to gain followers and profit from successful trades made in the past. Traders have the option of making their trades public or private. If trades are made public, community can see the performance on the leaderboard, filter the trades and use PDEX tokens to follow the traders exact trades. This is known as copy trade execution.

Why would traders want followers?

The traders can set success fees as how much percentage from positive trades are kept. Traders can set anywhere between 2% to 30% of success fees paid in PDEX tokens again all by mutable smart contracts. PDEX tokens can be traded for all major cryptocurrencies.

The tournament is set to launch November 1, 2018 we reserve the right to change this pending on the platform’s performance.

Few Known Issues

The purpose of this Beta is for our community to provide feedback and the detection of bugs. With the help of our beta testers, our team can work on fine tuning the platform and make measures to eliminate bugs.

· user must refresh to see the balance after transferring

· the account balance and fund deposit is clunky and confusing

· the trading view chart does not reflect the selected ticket (user must manually change trading view)

Beta Access

We are pleased to award our first 500 users that register and process 20 trades (on the test net, 1 per user) within two weeks (of Oct. 17, 2018) will earn 1000 PDEX tokens.

Please follow us on our social media channels and give us a clap. To sign up, click on beta.plusprotocol.com and start trading. :)

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