DIFX - Digital Financial Exchange

imlarry (33)in #exchange • 4 years ago (edited)

Description

Ever since the inception of blockchain technology,the global financial system has never been the same. Blockchain technology has impacted the global payment system positively and there is further need for development in this space to simplify and consolidate the entire system. Blockchain technology have significant effect in the global trading and payment industry.

As a nascent industry,several imbalances still need to be put in place. We are all aware of the inefficiencies that dominated some of the global crypto exchanges and high transaction fees that is associated to transferring funds through blockchain. Having observed all these imbalances,the team of DIFX has emerged to proffer a sustainable to these problems and making blockchain related payment more comfortable, affordable and accessible to everyone.

The team also sees the importance of P2P fiat/ Crypto exchange and its capability of solving the aforementioned problems. In this article, i will be discussing extensively about DIFX platform which i hope my readers will find very interesting.

About DIFX Platform

DIFX is a blockchain based cross asset trading platform focusing on reshaping the entire system of crypto trading in the global crypto sphere. The platform offers wide range of services to facilitate ease of transaction , security and efficient trading system for the entire global crypto communities. Amongst the services offered by DIFX includes : Crypto exchange service, Cross asset platform and Wallet service provider.

DIFX platform will develop an effective cross asset trading system which will allow swaps of different kinds of crypto assets with a very high speed and affordable transaction cost. Apart from offering swapping service, the platform will also offer Wallet service where crypto users all over the wallet will be able to store their assets securely in a decentralized storage system . The wallet will enable users have complete control over their crypto assets since they will be having their private keys with them . DIFX Ecosystem consist of three major sectors which includes :

1. DIFX Exchange
2. DIFX Multi-Currency Wallet
3. DIFX cross asset Platform

DIFX ECOSYSTEM

1. DIFX EXCHANGE:
DIFX Exchange will create a robust digital asset trading platform which will allow everyone to trade varieties of Digital assets such as FOREX , Commodities , Stocks , Futures, Derivatives , Cryptocurrencies and more . DIFX will integrate Fiat into their Digital assets trading platform to allow users exchange their various digital assets for fiat.
DIFX will offer digital asset trading service for different class of traders, be it newbies, experienced and professional traders with different interface offering centralized and decentralized exchange system .
2. DIFX MULTI CURRENCY WALLET :
Amongst the products of DIFX ecosystem includes Multi-currency wallet which allows users ability to store their various crypto assets securely and take complete control of those assets through their special keys. The wallet is secured with multi-layers security to protect the users assets and investments.
3. DIFX CROSS ASSET SWAPPING PLATFORM :
DIFX offers cross chain swapping service which allows varieties of crypto assets being exchanged for one another as long as they are listed in the exchange . DIFX focuses on creating hybrid system of Crypto exchange comprising of centralized and decentralized exchange . These exchanges will be powered on blockchain technology and will incorporate atomic swap model.

DIFX Digital assets ecosystem offer wide array of solution to the existing problems in Cryptocurrency industry. DIFX platform will not just be limited to crypto trading and wallet provider service but will offers investment and staking services as well. Trading will be conducted wallet to wallet in the platform . Since there is integrated wallet for each users of the platform .

The need for moving your assets from exchange wallet to private wallet is removed. Users can trade directly from wallet to wallet, hence removing transaction changes and ensure confidence. Unlike some self acclaimed decentralized exchange platform who operate semi decentralized system who have internal wallet where users will have to transfer their assets to before exchanging them , users will be a full custodial of their assets and trading will be conducted from wallet to wallet.

DIFX TOKEN :

Currently DIFX is an erc20 compatible token created on Etheruem blockchain . It serves several utility functions in DIFX Ecosystem . It will serve as the fuel of DIFX Blockchain when the platform has been fully developed with its own blockchain . It will power the future DIFX products and services and will serve as a payment settlements.