The Tidex exchange is evolving! Check out the new layout here. Decentralized features coming.
Blockchain technology has made some incredible advancements in the last few years, with new and exciting blockchain projects and tokens popping up and earning their place. Many of these projects use public blockchains like Bitcoin, Ethereum, and of course Waves, as a token issuance and distribution platform that projects can use, rather than building and maintaining their own blockchain.
The Waves Platform is a young project, launched in 2016, and already multiple projects and startups are taking advantage of its unique features to build their tokens and economic infrastructures, with easy-to-issue custom tokens actings as currencies, shares, commodities and so forth on the Waves blockchain itself.
One of the main advantages of the Waves ecosystem is its decentralized exchange (DEX), where users can trade tokens while maintaining full control of their funds. Although this feature is one of the most disruptive in the cryptosphere, there is still much to do in terms of development. Furthermore, DEX mass adoption is expected to take some time as users get familiar with the decentralized model, its intricacies and advantages.
As so, Tidex has served has one of the main exchange hubs in the Waves ecosystem, providing users with an intuitive platform built on the familiar centralized structure, allowing users to easily buy/sell/store Waves, Waves custom tokens, Waves fiat tokens and other cryptocurrencies.
Tidex has been at the forefront of the Waves economy, promptly adding tokens MoblieGo, ZrCoin and EncryptoTel to it platform, allowing users to buy/sell the token right after the ICO. Tidex currently boasts 45 different assets and a simple fee structure (0%/0.1%)
Now, as the Waves economy grows, Tidex itself is evolving. The first step is the new and improved layout, which can currently be seen here.
However, the Tidex exchange is also bringing decentralized components to its platform, merging the best of both worlds. The website reads:
“We are implementing new decentralized technologies in Tidex. Integration of Waves decentralized DEX technology in Tidex is on the way. Tidex will provide aggregated order books for DEX and famliar front-end for decentralized trading.”