Decentralized exchange based on stellar
In fact, the exchange is an interface to the stellar platform.
By querying the full node, we get all the data about
transactions, history, orders, number of orders, etc.
As it was said, the exchange is decentralized. This means that no one but you can access your funds.
All transactions for buying and selling are generated right in your browser using the open library stellar-js sdk.
Transaction signing occurs right in your browser.
We DO NOT see, DO NOT store and CAN NOT access your private key.What are the main advantages:
1. You have access to funds only.
2. You can store dollars, euros or yuan directly in the block stellar. You do not need to worry about whether the cryptocurrency falls or grows if you have USD, CNY or EUR on your account.
You do not need to provide documents or open your personal data.
3. Fee in the stellar network are fixed (0.00001 XLM for place/cancel order).
This means that you can place 100,000 orders in just 1 XLM!How are we going to earn money?
1. Fee may be added for a stop-limit order. At the moment, the stop-limit is not active (we are working on it).
2. Soon we will create our own anchors for an
EXISTING ASSETS.
Yes, we DO NOT plan to create our own assets, but rather to use existing assets in the stellar network (from naobtc, fchain, etc.) You will be able to exchange assets to real BTC/ETH...Simple Deposit/Withdraw like in centralized exchanges. No minimal deposits.
We are not trying to build another trading platform.We are trying to create an entire ecosystem with a closed-loop input-trade-output in order to minimize interaction with centralized exchanges.After all, centralized exchanges that are companies are limited by the laws of their jurisdictions and can not provide those functions that we deem necessary.
Future plans:
1. Stop-Loss (working on it)
2. Wallet. At the moment there is no wallet functionality. Please use the wallets from the official website
https://www.stellar.org/lumens/wallets/3. Anchors
4. Input / output of fiat funds. In the OTC Trading tab, users will be able to use the over-the-counter transactions function for crypto and asset (will be added soon).
5. Multilanguage
6. Trust management of finances, thanks to multi-signature.
Ideas, questions, issues:
support@sdex.trade
