cucukakek Follow Apr 8
· 4 min read
INTRODUCING ACARDEX
ACARDEX is a decentralized cryptocurrency exchange, founded on the Cardano blockchain and operating via peer-to-peer networking.The platform allows users to trade digital currencies such as Bitcoin and Ethereum, which are issued by centralized governments that are not subject to the same level of transparency and accountability as cryptocurrencies issued by decentralized communities like Cardano.ACARDEX provides a platform to make buying, selling, and trading of cryptocurrencies easier and more convenient.
The ACARDEX cryptocurrency exchange is based on a peer-to-peer network with no central authority or third party.This means the exchange is not under the control of any government or bank holding company.Instead, it is completely decentralized so that no one person can control it or steal funds from its users (which has happened with many other cryptocurrency exchanges in the past).
Users of ACARDEX can trade a number of different cryptocurrencies including Cardano (ADA) and Bitcoin (BTC).The platform also offers automated market making services to increase liquidity in the exchange by allowing traders to buy and sell at their own price point.
About ACARDEX
The Cardano Exchange is known as Acardex and the change is planned to make it straightforward for clients to purchase and sell interests in Cardano.
The execution of Mary show reports on the Cardano Association has unquestionably provoked a development in the necessity for more nearby exchanges on the association also as Alonzo splendid arrangement did on the Cardano mainnet has made more space to allow Cardano to transform into an association on which various architects can make decentralized applications (dApps).
Cardano is an open-source, decentralized public blockchain and cryptocurrency project and is fully open source.Cardano is developing a smart contract platform which seeks to deliver more advanced features than any protocol previously developed.
The Cardano Foundation is an independent standard body with the objective of supervising Cardano’s development.
Because cryptocurrencies are so volatile, users often find it hard to buy and sell them.
By creating a decentralized exchange that does not require users to trust the exchange operators, ACARDEX aims to lower the barrier for entry for cryptocurrency traders.
The exchange is important because it is a crucial utility for any cryptocurrency.
It is also an essential tool for the Cardano ecosystem, because not all users will want to trade their Cardano coins on the exchanges that are available today.ACARDEX will be able to provide a single source for buying and selling Cardano at rates that have been optimized by market forces rather than by supply and demand.
The AMM will make trading easier by cutting out fees and providing a smooth service that guarantees execution of trades based on automated algorithms rather than human intervention.
ACARDEX Tokenomics
ACARDEX has issued a total of 1 billion native tokens to investors.There are no additional tokens outstanding.
The total number of native tokens that will ever be issued to ACARDEX investors is 1,000,000,000.
This document is not a prospectus or an offering document for securities under US federal securities laws.This document does not constitute an offer to sell or a solicitation to buy any securities in the United States.The indications and numbers shown in this document have been prepared by ACARDEX for ACRDX’s own purposes and do not necessarily represent the total amount of money that will be raised by ACRDX or the total number of shares that will be purchased by investors participating in ACRDX’s initial public offering.
Summary
Acardex is a decentralized exchange (DEX).It is built on top of Cardano, a third generation blockchain platform that has proven to be far superior to Ethereum and Bitcoin in its ability to sustain high transaction throughput rates while providing smart contracts functionality.We are developing our DEX to make use of the benefits provided by Cardano, such as non-custodial wallet support, low fees, and fast settlement.
Acardex is the premier cryptocurrency exchange for trading Ada, the native token of Cardano, as well as other digital assets.
Acardex will be the exclusive exchange for Ada, which is the first cryptocurrency based on a scientific philosophy and built by leading academics and engineers through peer-reviewed research.
Acardex will be the only exchange where users can trade Ada.The exchange will initially support a few select digital assets with more assets to be added over time.We believe in transparency and will always disclose our plans for future listings ahead of time.Our platform will feature a simple user-interface that allows anyone to get started with trading cryptocurrencies with ease.
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Bitcointalk username : cucukakek
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ADA Wallet Address : addr1qxdr5tcrkhsv3x7xzylmjcql9uuavdda3vt2yyn8x2tmc2vk9xr32xzrdcay5ydukqtcacy2asrxta4h8c04x6z4f4mss8p3zu.