Xenchain Listed On IDEX — Decentralised Ethereum Asset Exchange

Xenchain
2 min readSep 24, 2018

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Xenchain listed on IDEX — Decentralised Ethereum Asset Exchange and the price achieved 5X (4thSeptember 2018) based on the ICO Price.

IDEX is the first decentralised exchange to support real-time trading as well as high transaction throughput. IDEX utilizes ethereum’s smart contract and is the most advanced Ethereum DEX.

In regards to account security, the decentralized exchange offers many security features which are not supported by centralized exchanges. The platform offers all the security because the exchange itself runs as a node on the Ethereum network.

The smart contract of IDEX exchange keeps the funds locked-in until it gets any sign of transaction by the private key. The integration of the Ledger Nano S with the platform makes it the most secure trading exchange.

“Since Xenchain is able to be listed during the most volatile cryptocurrency market, Xenchain will allocate their revenue to buy XENC from the market based on best available sell orders on the marketplace. Xenchain believes it will lead to continuous demand for XENC and its potential price.” said Vincent Wong, Chief Executive Officer at Xenchain.

For more information on XENC, please visit https://idex.market/eth/xenc

Ref: https://coinpedia.org/decentralized-exchange/idex-decentralized-exchange/

About Xenchain
Xenchain accelerates and strengthen identity verification processes by using e-KYC technology that requires facial recognition, making manual document authentication a thing of the past.

We create and distribute XENCs to utilize the decentralized network of blockchain technology and enhancing personal data security by controlling where the data is stored and who has access to that information. It also allows identity owners to own, control and manage their digital identity.

With Xenchain, we are able to help your compliance team efficiently assess and process existing/new customers by streamlining their workflow and automating the screening and verification process even cross-referenced against international credit bureaus and watch list database.

For More Information, Please Contact:-
Vincent Wong | Chief Executive Officer | vincent.wong@xenchain.io
Elwin Chin | Head of Business Development | elwin.chin@xenchain.io

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