ByteDex | Hybrid Decentralized Crypto Exchange that trades on Dual Chain Blockchain.
Introduction
Bitcoin and Crypto currencies returning
A number of negative news consecutively in May led to serious volume declines on cryptocurrency exchanges.
Elon Musk's statement that he will not sell Tesla Cars for Bitcoin, claims that clean energy is not used in Bitcoin mining and the decisions taken by China about cryptocurrencies led to the depreciation of bitcoin and then other coins on crypto exchanges.
While Crypto currency exchanges are losing volume, cryptocurrencies, specifically BTC, are losing almost 50% of their value. However, in June, some news fell on social media, this news could signal a return to the crypto world.
Elsalvador's acknowledgment of bitcoin as a legal currency, the Central Bank of America's support for this decision, and positive statements from some Mexican government officials about bitcoin, reinforce this opinion.
When we turn to Alsalvador's decision: The Alsalvador government has long expressed its discontent with the high commission fees American banks receive from money sent to the country by its citizens living in the United States. But this apparent inconvenience should not make us forget the anti-dollarization that exists throughout Central and South America and even the world. Of course, anti-dollarization is actually a rebellion against the central economic structure.
ByteDex is a Hybrid Decentralized Crypto Exchange that trades on a Dual-Chain Blockchain. All information and crypto assets are locked into the blockchain through smart contracts and distributed throughout the network in ByteDex. Therefore, no one other than the account holder can access this information and crypto assets. It cannot be blocked. Crypto assets cannot be stolen or hacked. No one, including the ByteDex team, can intervene, stop, or limit transactions made on the blockchain.
Why Hybrid Exchanges?
Why Bytedex!?
Cryptocurrency exchanges are generally divided into two distinct categories:
Centralized Exchange and Decentralized Exchange.
Centralized crypto exchanges have very useful interfaces for cryptocurrency traders. Central exchanges also provide, or are considered to be, services to their users through their customer service.
However, if we say that this feature is available on every central exchange, this is not true. It would be more accurate to say that these are actually customer expectations of a centralized exchange or claims of centralized exchange owners.
Today, there are many centralized exchanges, the interface of which is completely useless and customer service impossible to reach.
Moreover, even if centralized exchanges fully display all their features, they have a very important problem.
Not safe!
Keeping users' crypto assets on their own servers is a risk in itself!
Hackers are already waiting in ambush to judge any errors!
The situation is grim if we add the abuse of Exchange owners to this highly insecure structure!
When it comes to Decentralized Exchanges, we run into another problem.
Despite their secure nature, decentralized exchanges are far from providing ease of use for their users.
What's more, in a decentralized exchange, we can't find many opportunities, especially Staking.
So where does Bytedex stand among these types of exchanges?
Bytedex is a decentralized exchange in terms of its structure. So security is core at Bytedex! It is also possible to receive APY up to 50% of Exchange earnings with the possibility of Stake on Bytedex!
And ease of use with a great interface!
So we can call Bytedex a Hybrid (Hex) Exchange!
More security, more profit!
ByteDex Exchange offers you:
1. ByteDex Liquidity Solution
ByteDex conduct the matching of users among themselves best with the mapping mechanism established on the
double layer blockchain.It matches the market maker and the market buyer in seconds.However, with the Smart Route
Order systems, it connects to the major exchanges of the crypto world via APIs and connects the liquid pool of these
exchanges to the ByteDex pool.For this reason, ByteDex can offer all the convenience offered by central exchanges
in liquidity on a Dex platform.Through CCXT API, instant data and pricing of dozens of exchanges are integrated into
ByteDex exchange.For a crypto asset pair that is not sufficiently available in ByteDex via the Smart Order Route, it is
obtained from the trading pairs of other exchanges and presented to the user in the most appropriate way.
All these operations take place in the background in seconds.
Our security, our private Wallet, Byte W!
- Never Miss Opportunities with 300+ Trading Pairs!
- Develop Applications on the ByteDex Blockchain!
- Create Tokens on the ByteDex Exchange. Develop Your Own Project!
- ByteDex Coin Holders Benefit from Special Commission Rates and Share the Revenue of the ByteDex Exchange by staking.
- Meet Secure Crypto Trading with ByteDex! Trading Freedom between Buyer and Seller with ByteDex Assurance!
- If You Are A Good Trader, Trade with Your Customers Limits From Our Special Panel. Keep You and Your Customer Safe!
- With ByteDex’s Decentralized Wallet, Your Crypto Assets Are Always Safe! Open a Window to Blockchain with ByteW!
- Trade Crypto Assets from All Over the World with Both Your Credit Cards and Debit Cards on the ByteDex Exchange!
- ByteDex will be the Exchange with the Highest Number of Trading Pairs. 120+ Pairs at Opening and 300+ Pairs in First Year will be put into the process. And so on in very near future!
ByteDex Exchange Features
1. ByteDex Liquidity Solutiondouble layer blockchain.It matches the market maker and the market buyer in seconds.However, with the Smart Route
Order systems, it connects to the major exchanges of the crypto world via APIs and connects the liquid pool of these
exchanges to the ByteDex pool.For this reason, ByteDex can offer all the convenience offered by central exchanges
in liquidity on a Dex platform.Through CCXT API, instant data and pricing of dozens of exchanges are integrated into
ByteDex exchange.For a crypto asset pair that is not sufficiently available in ByteDex via the Smart Order Route, it is
obtained from the trading pairs of other exchanges and presented to the user in the most appropriate way.
All these operations take place in the background in seconds.
2. ByteDex Dapps
ByteDex, as a blockchain-based exchange, includes all the technologies that the blockchain ecosystem is familiar with
today.Smart contracts, which have come to the fore with Ethereum, are now widely available.Smart contracts are
programs that work on blockchain programmed for a specific purpose.These smart contracts have led to the creation
of decentralized applications that we call Decentralized Apps today.As such smart contracts can be generated on the
ByteDex Blockchain, these structures can also work as games and applications running on the blockchain.
At this point, you can create a game that works on the ByteDex blockchain as a real-life use, produce your own tokens
to be used in this game on the ByteDex exchange, and ultimately list the crypto token for this game on the ByteDex
exchange .
3. ByteDex Token Launcher
Different tokens can be generated on the ByteDex blockchain via the ByteDex Exchange. They can be used within the scope of users’ own projects.
ByteDex is working on a list called BytedexAltTokens where such generated tokens can be listed separately on the main
exchange screen.In this listing, each generated tokens will pair with BYTEDEX and will be opened for trading if they
meet the appropriate conditions. The tokens that succeed in this list will gain the right to be published in the ByteDex
main list.
4. ByteDex Coin
ByteDexCoin is the main transaction and payment unit of the ByteDex ecosystem. In this context, it has the same
features as coins used by other exchanges in a similar way.
ByteDex, as a blockchain-based exchange, includes all the technologies that the blockchain ecosystem is familiar with
today.Smart contracts, which have come to the fore with Ethereum, are now widely available.Smart contracts are
programs that work on blockchain programmed for a specific purpose.These smart contracts have led to the creation
of decentralized applications that we call Decentralized Apps today.As such smart contracts can be generated on the
ByteDex Blockchain, these structures can also work as games and applications running on the blockchain.
At this point, you can create a game that works on the ByteDex blockchain as a real-life use, produce your own tokens
to be used in this game on the ByteDex exchange, and ultimately list the crypto token for this game on the ByteDex
exchange .
3. ByteDex Token Launcher
Different tokens can be generated on the ByteDex blockchain via the ByteDex Exchange. They can be used within the scope of users’ own projects.
ByteDex is working on a list called BytedexAltTokens where such generated tokens can be listed separately on the main
exchange screen.In this listing, each generated tokens will pair with BYTEDEX and will be opened for trading if they
meet the appropriate conditions. The tokens that succeed in this list will gain the right to be published in the ByteDex
main list.
4. ByteDex Coin
ByteDexCoin is the main transaction and payment unit of the ByteDex ecosystem. In this context, it has the same
features as coins used by other exchanges in a similar way.
BYTEDEX Coin will be produced by stock exchange mining on the ByteDex blockchain.
All payments within the exchange will be made with BYTEDEX, and will be used for commissions, staking rewards and
all other transactions.
BYTEDEX will create a trading pair with all the major Crypto assets.
It will also be listed on many different exchanges.At the time of writing this article, negotiations have been started in
order to list our coin on other exchanges.BYTEDEX Token are TRC-10 featured tokens produced on the TRON Network Blockchain created at the beginning of the ByteDex project.
These Tokens are produced solely for use in the ByteDex promotion process, and their total supply is 1 billion units.
Some of the remaining tokens to be sold in the Pre-Sale and General Offering will be kept as reserve to prevent
speculative activities in the exchange until the swap transaction is made on the exchange with BYTEDEX Coins, and the
remaining part will be used in promotion and reward programs.
All of the tokens that are not sold in pre-sale and general supply and remaining after the swap transaction will be burned.
More detailed information is provided on the bytedex.io website.
All payments within the exchange will be made with BYTEDEX, and will be used for commissions, staking rewards and
all other transactions.
BYTEDEX will create a trading pair with all the major Crypto assets.
It will also be listed on many different exchanges.At the time of writing this article, negotiations have been started in
order to list our coin on other exchanges.BYTEDEX Token are TRC-10 featured tokens produced on the TRON Network Blockchain created at the beginning of the ByteDex project.
These Tokens are produced solely for use in the ByteDex promotion process, and their total supply is 1 billion units.
Some of the remaining tokens to be sold in the Pre-Sale and General Offering will be kept as reserve to prevent
speculative activities in the exchange until the swap transaction is made on the exchange with BYTEDEX Coins, and the
remaining part will be used in promotion and reward programs.
All of the tokens that are not sold in pre-sale and general supply and remaining after the swap transaction will be burned.
More detailed information is provided on the bytedex.io website.
The Cryptocurrency world has more volatility than we must know.
Before beginning Cryptocurrency trading we have to accept that fixed rule.
If so we can talk about the second golden rule; Never buy high and sell low. If you never mind these two rules you can lose the assets you have, easily.
But all these rules and other rules we did not mention, work only after when you enter trading transactions.
To protect the assets we have from losing, at first we need to choose the correct trading platform.
Which features we’ve to seek in an Exchange to protect our assets and to get growing them.
In any case, whether we have much or less, assets we have precious for us.
If we give them the value we need to protect them so the security must be the first place.
Whoever says whatever, the strongest case is the case that we have its keys in our hands.If we are not the sole authority in our assets who can guarantee not losing them! In that case, we need to consider again which rule comes first to make a profit in the Cryptocurrency World?
If we want to gain, first of all, we have to take responsibility and have to use a private wallet like Byte W.
We can’t trust anyone more than ourselves. Byte W is a non-custodial multisign wallet that user can directly connect Ethereum UniSwap, Binance SmartChain Pankacake Swap and Tron Network JustSwap DEXs at the same time. Byte W is a part of Byte Exchange users can connect to Byte Hybrid Exchange and trades with non-custodial wallets in a safe environment. Byte W is official wallet of Byte Exchange that users can use it like bridge in between swap exchanges and Byte Exchange. For more information visit Exchange page.
Then we can look at other golden rules of the trade!
Token Distribution
- Community
- Reserve
- Team
- Marketing
- Reward & Bounty
SoftCap Allocation
- Software Development
- Marketing & Promotion
- Operations
- Legal
- Reward & Bounty
- Management
ByteDex Structure
- 1 ByteDex: 0.03 USDT
- Terms of Sale: Citizens of Iran, China, North Korea, Syria, Libya, can not participate in the ICO. US citizens must be accredited Investor According to Sec Rules.
- Token Structure ICO: TRC-10 Tron Network. Total Burned Tokens Unsold : 253,502,691
- Total Supply for ICO: 200.000.000 BYTEDEX Unsold tokens will be burned at the end of ICO. ICO Finish Date: 30.07.2021
- ByteDex Total Supply: 1,000,000,000
- Emission Structure: Tokens not sold at preSale total 253,502,691 BYTEDEX Tokens have been already burned.
- Safe Ways to Buy BYTEDEX: Bitcoin (BTC), Ethereum (ETH), TRON (TRX), Binance (BNB), Litecoin (LTC) and Fiat Payments (USD, Euro, TRY) will be accepted.
- Hardcap: $15,000,000
- General Explanations: BYTEDEX Token is the official trading unit of the Bytedex Exchange. BYTEDEX Token has been produced in cooperation with Tron Network, in total 1 billion units in TRC-10 format. Bytedex owners can share the revenues of the Bytex Exchange by staked their Tokens on the Bytedex Exchange or benefit from large discounts on trading commission fees. ByteDex can be traded for other Crypto Assets or Fiat currencies.
This timeline details our funding and
development goals.
August 2020
- Preparation of Exchange Architecture
- ByteDex Protoype Design
- ByteDex Software Infrastructure
- Website Launch & ByteDex Token Pre-Sale
- ByteW And Mobile App Design
- ICO
- Launch of Byte Wallet ByteW
- Launch Of Byte Exchange!
- ByteDex Staking
- Token Launcher
- OTC Platform
- ByteDex Rewards
- Launch Of ByteDex Brokers
- ByteChain
- ByteDex NFT Platform
- BYTEDEX Token Listed in 5 Exchanges
- At least 150 K Users January 2023 ByteDex Community At Least 6 Different Countries
ByteDex Team
Let us introduce you to the team that
will make it all happen.
İsmail Köseoğlu
Founder & CEO Info
Mehmet Köseoğlu
Founder & CFO Info
To get information about
ByteDex Here:
- Website: https://bytedex.io
- Facebook: https://www.facebook.com/ByteDecentralizedExchange/
- Twitter: https://twitter.com/ByteExchange
- Telegram: https://t.me/ByteDexGlobal
- Medium: https://bytedex.medium.com/
- Linkedin: https://www.linkedin.com/company/bytedex/
- Youtube: https://youtube.com/channel/UCw8wl0SXHhLI0xn0JPWFMtw
- Reddit: https://www.reddit.com/user/ByteDex
- Whitepaper: https://bytedex.io/wp-content/uploads/2021/06/bytedex_EN-2.pdf
- Announcement Thread: https://bitcointalk.org/index.php?topic=5344340.msg57251872#msg57251872
#ByteDex #Blockchain Based #Hybrid
#Cryptocurrency #Exchange #DeFi #Dex #wallet #Community #Governance
#Cryptocurrency #Exchange #DeFi #Dex #wallet #Community #Governance
Author
Forum Username: Darryl12
Forum profile link: https://bitcointalk.org/index.php?action=profile;u=2629388
TRC20 Address: TD47fpmAmgNy4JMPHCeXLFXbWEZLK955kf
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