CO-DEX - The first NO FEES Decentralized blockchain marketplace based on Cosmos Network.

We will provide Article to present the “ CO-DEX” project to potential platform participants and those who are interested in contributing to its development. The information listed below may not be complete and does not imply any contractual relationship. The main purpose is to provide information to everyone, so that they can determine whether they are willing to analyze the company with the intention of obtaining token or invest.

With the explosion of cryptocurrencies and their respected tokens, the need for a stronger interconnectivity between them arises. This need for an interoperability between the blockchains arose as well, thus solutions such as the ones put forward by Cosmos Network, came to solve these needs, and of course building on this, WE at Co-DEX are here to provide the necessary means for the trading of these multiple-chain-based cryptocurrencies by creating the first, non custodial, NO FEES, decentralized exchange based on the innovations provided by the Cosmos Network.

Co-DEX is a Decentralized trading platform for cryptocurrencies, built on vanguard security infrastructure and using a revolutionary system.
Co-DEX is an exchange created by the community, for the community, thus Co-DEX will be the first exchange that will apply a NO FEES policy on transactions, the users being required to cover solely the transaction cost of the miners and/or validators that register the action on the blockchains.
Experience direct peer-to-peer trading without the security risk of trusting a third party, thus having complete control of your assets at any time.

Governments have been shown to try to exert control over centralized exchanges, users having to answer to authorities that can and have
been shown to track and tax these users, or even go to such lengths as to ban certain types of cryptocurrencies, problems that don’t reach the sphere of decentralized exchanges.

Heighten scalability will allow for future upgrades, thus our systems will always keep pace with the new innovations and revolutionary features that are developed. To further show our user-friendly oriented approach, Co-DEX will provide everyone an easier means to access and use the platform by integrating and generating the necessary compatibilities for Metamask and Ledger users.

OUR VISION

Co-DEX is exchange made by the blockchain community, for the blockchain community, with the support of the Co-DEX Foundation developers, which aims to meet the many expectations and challenges raised by the community while becoming a tool in furthering the mission to create a world of free movement of funds and assets.

HOW TO WORK

Sign up

Register a new wallet or Sign up with a compatible wallet on Co-DEX exchange, using your MetaMask, Ledger or any other available options Co-DEX offers.

Search Tokens

Choose from a multitude of tokens and cryptocurrencies, searching for your desired token will never be easier than this.

Buy & Sell

Buy and sell cryptocurrency assets securely and swiftly, using a smart contract, and witness the freedom to exchange them, regardless of their native blockchain, through the innovation of the IBC feature created by the Cosmos Network.

ADVANTAGES

NO FEESOther platforms request elaborated procedures and practice substantial fees that make trading very difficult at times, Co-DEX ensures that the users will benefit from a simplification of procedures and with our policy of “Community First”, Co-DEX will practice NO FEES on top of the necessary gas or transaction costs that validate the transaction on the blockchains. We will provide a platform that is efficient, the user will only be charged the amount needed to cover the costs of the transaction, thereby giving you the option to have more control over the fee service system. We here at Co-DEX, want to create a service with the community, by the community, for the community, our orientation is on growth and facilitating users to feel at home when using the Co-DEX platform.

MULTIPLE ORDER FULFILMENT

Our focus is to provide the best user-friendly oriented approach, thus we will be offering a Multiple Order Fulfillment platform for a more cost-effective and less time wasting trading experience. You will only get charged for one single transaction, although you will be able to set an order for a specified amount and our smart contract system will oversee all the necessary multiple transactions, if needed, to ensure that the order is executed.

MARKET ORDER AND LIMIT ORDER

We provide both possibilities to ensure for a better satisfaction of your needs, either place a Market Order to buy or sell a stock at the best available price, thus assuring it is normally executed on an immediate basis OR you can use a Limit Order, which will allow setting the price at which you want to buy or sell the stock, the trade thus will only get executed when the price breaches the level that has been specified.

TOKEN DETAIL

• Token Name: COD1
• Hard Cap: equivalent of 5,000,000 USD in ETH/BTC/ATOM
• Token Value: 1 COD1 = 0,05 USD
• Currency Accepted: ETH, BTC, ATOM
• Min Contribution: 0.1 ETH
• Private Contributions: TBA
• IDO Starts: Q4 2019
• Ends: After 30 Days or Hard Cap reached

Co-DEX TOKEN METRICS

Co-DEX’s intention is to allow a broad base of community members to participate in the IDO planned on our Dex. Co-DEX cannot guarantee that all prospective interested parties will be able to obtain their desired allocations during the Private and IDO phases, where the total maximum cap will be the equivalent of approximately $5 million in ETH/BTC/ATOM. The amount of tokens available during the Token Contribution will be 100,000,000 COD1.

CONCLUSION

CO-DEX provide both possibilities to ensure for a better satisfaction of your needs, either place a Market Order to buy or sell a stock at the best available price, thus assuring it is normally executed on an immediate basis OR you can use a Limit Order, which will allow setting the price at which you want to buy or sell the stock, the trade thus will only get executed when the price breaches the level that has been specified. based on the fact that people too will be innovating on individual blockchains, which will also further improve other aspects such as scaling, etc.
This means that the technology won’t rely on third-party connectors in order to transfer value from one chain to another. It’ll be built into the protocol itself. Token trading will be more efficient on Co-DEX than in any centralized exchange because blockchains in the Cosmos Network will be taking advantage of the benefits of using the features provided by the Tendermint consensus which is much faster than PoW. It would only take seconds to finalize a deposit. In addition, a proper decentralized exchange connected to the Cosmos Hub with order book support will be more secure than any centralized exchange, so it’s inevitable that the market will evolve toward the Cosmos model.

For More Information You Can Visit This Link :

Website: https://co-dex.network
Twitter : https://twitter.com/@CoDEX_Social
Reddit: https://www.reddit.com/u/Co-DEX
Medium: https://medium.com/@co_dex/
Telegram (English): https://t.me/co_dex
Telegram: https://t.me/co_dex_ann
Facebook : https://www.facebook.com/Co-DEX-399170544043855/
YouTube: https://www.youtube.com/channel/UC8B1pOPJm8qeFYmWDGsFDCg

Author : Letty sits
Profile Link : https://bitcointalk.org/index.php?action=profile;u=1856247
MEW : 0x822E5C6A30c4F19EAB048f957e4729eF56bCcA7F