UniDex — 3-in-1 crosschain decentralized exchange
A safe & secured platform: Your key — Your coin
The core value of UniDex, like many other decentralized exchange platforms, is the ability to allow its users to trade digital assets using their own wallets. By managing their digital assets transactions directly in their wallets connecting to UniDex, users can limit their risks associated with keeping coins/tokens on centralized platform that may be exposed to hacking.
Multiple blockchains, multiple ways.
On the other hand, UniDex does not only support transactions with only 1 blockchain. This differs UniDex from other DEX. In other words, UniDex supports transactions that involve coins/tokens belonging to different blockchains.
There are 3 types of transactions that are currently supported by UniDex: Bridge, Atomic-crosschain and On-chain contract.
On-chain contract: Similar to other regular DEXs, on-chain contract transactions allow users exchange tokens belonging to 1 single blockchain (e.g. Uniswap allow its users to trade tokeno ERC20 developed by Ethereum). Meanwhile, on-chain contract transactions supported by UniDex are based on MCASH blockchain, thus can involve different tokens supported by MCashChain such as GOT, MCC, MCS, TOKOM, BBOM, TCN, etc.
Atomic crosschain: This feature allows users to swap amongst tokens belong to 2 different blockchains. UniDex currently supports the following blockchains: Mcashchain, Tomochain, Binance Chain, Ethereum. More chains will be added in the future.
Bridge: This feature allows swap between relative tokens that belong to 2 different blockchains. For example, USDT ERC20 is the token developed on Ethereum, MCC is the token developed by MCashChain. Yet 1 MCC is assigned to equal 0.01 USDT, hence, the value of MCC compared to USDT is basically fixed. Similarly for BBO/BBOM, TOKO/TOKOM.
Friendly interface
UniDex version 1 provides a friendly and easy-to-use interface, with rates of market exchanges for reference, thus helping users to complete their transactions in the blink of an eye. In the current phase, UniDex aims to serve individual traders who trade in small amounts for their own personal use.
In the next versions, UniDex will offer more features such as price charts, transaction orders table, etc. in order to meet the needs of professional traders who need more sophisticated functions.
Since the cross-chain feature allows users to swap amongst tokens that belong to 2 different blockchains, UniDex recommends users to use multiple blockchains wallet app such as Midas Protocol, so as to have the best trading experience. More importantly, UniDex is developed by the same team that created Midas Protocol, hence the level of integration is highest and seamless.
Having the ability to flexibly swap between blockchains, UniDex has been chosen to be integrated in TokenBot.ai — an advance bot project for Telegram users. UniDex will be a decentralized service that allows its users to exchange various coins/tokens in an easy manner with simple steps that could be done right within Telegram using Syntax. Users just need to input a Syntax to execute trade orders instantly, from limit order to market order as well as to get quotes from UniDex.
More info on UniDEX can be found at:
Blog: https://medium.com/unidexexchange
Twitter: https://twitter.com/UniDexExchange
Website: https://unidex.market/
Telegram: https://t.me/unidexexchange
Midas ecosystem:
https://midas.eco/
Midas Wallet
Blogs: https://blog.midasprotocol.io
Telegram: https://t.me/midasprotocolglobal , https://t.me/MidasPR
Facebook: https://fb.com/MidasProtocol.io
Twitter: https://twitter.com/MidasProtocol
Website: https://www.midasprotocol.io
