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Home Press Release

Dexo.Exchange unlocks the potential of decentralized  blockchain using the “World’s 1st C-DEX Protocol” is Live with Token Presale

by Clara White
October 27, 2022
Reading Time: 5min read
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The ever-increasing crypto community feels restricted by the existing centralized platforms over many hacks in past, lack of trust and the restrictions imposed by governments, meaning fast adoption of decentralized exchanges globally.

 

Dexo.Exchange has released the world’s 1st C-DEX, the Next Generation  decentralized trading platform with aim to bridge the gap between centralized and decentralized worlds by providing wide range of DeFi products on its fully decentralized platform.

 

With Dexo C-Dex protocol, users has access to a centralized exchange like experience with superfast execution of their orders with zero gas fees using off chain order book feature hence user pay only for executed orders further users can perform all DeFi activities like swapping, farming, staking, NFT marketplace directly by connecting wallet without any KYC.

 

Dexo Exchange launch represents a significant step forward in the convergence of blockchain and its true use in completely decentralized way. There are currently many enterprises and individuals who would benefit from optimizing operations, speeding up orders, and making more efficient use of resources with Dexo Exchange with its C-Dex Protocol.

 

Dexo Team is further working towards connecting all isolated blockchains and establish a cross-chain asset decentralised exchange network, providing all necessary underlying support for the DeFi ecosystem. Let every digital asset holder experience a truly safe, free and transparent DeFi service.

 

To accommodate the CEX Launch, Dexo Exchange is offering an early opportunity for limited token via presale before launching on an exchange

 

The presale DEXO coin price is 1 USDT=72.72DEXO Coins Only $.5 million to go before the Next 25% Price Increase! Join Presale

 

At the current rate – 43% sold in few days – the DEXO coin presale may sell out early, by the last week of November 30th deadline.

 

Dexo huge existing community believes, Dexo Protocol will enable millions of Dex users across globe to use our Fully Integrated, One Stop Platform consisting of wide spectrum of Defi Services without any intermediatory. Dexo users can perform from simple to most complicated transactions without toggling between multiple platforms for its execution or switching networks.

 

“As we continue to grow, we’re committed to hire  top brains and industry experts for continuous growth of the project and its usage.”- Dexo Team

 

Built on Binance Smart Chain: C-Dex is being built on the Binance Smart Chain, a blockchain that runs parallel to the Binance Chain. BSC boasts smart contract functionality and compatibility with the Ethereum Virtual Machine (EVM). Both blockchains operate side-by-side. It’s worth noting that BSC isn’t a so-called layer two or off-chain scalability solution. It’s an independent blockchain that could run even if Binance Chain went offline. That’s because both chains bear a strong resemblance from a design standpoint.

To achieve higher transaction speeds, C-Dex will be using the reliable 0x Protocol as a relayer. Some of the primary considerations of the existing DEXs are that they are slow, expensive, illiquid, and are not interoperable with other blockchains. Typically, order books that operate on the blockchain are slow. Because every incoming order or even a slight adjustment to the order goes through the blockchain. This means that the protocols need to rely entirely on block times of that blockchain and incur transaction fees for every single order or adjustment.

0x Protocol solves these inefficiencies by acting as a relayer that bypasses the orders off of the blockchain. These orders again interact with the blockchain only when they need to be settled.

 

DEXO is the native BEP-20 utility and governance token of the Dexo.Exchange. It can be paired with multiple currencies tradable on the Dexo exchange.

 

Dexo token plays a quintessential role in the smooth functioning of the Dexo ecosystem. The use cases of Dexo token are as follows:

1-    Staking to earn rewards, to participate on various offerings on Dexo including NFT Marketplace

2-    Use to pay fees at discounted price

3-    Rewards

4-    Community and Governance

 

 Dexo Team members have been KYC verified and Dexo smart contracts have been fully audited.

 

Don’t miss out on the most exciting cryptocurrency in Presale
Only $.5 million to go before the Next 25% Price Increase!


 

Join DEXO Presale– dexo.org

Be a part of the Dexo community by joining their socials: Twitter | Telegram | Discord

 

 

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