Decentralized Exchange Software

DEX is a short form of Decentralized Exchange Software. Manipulators or entrepreneur can start a business like UniSwap using this Decentralized cryptocurrency exchange Software.

We have two natures of Exchange Software ie., Centralized and Decentralized. Compared to Centralized one, decentralized has many features and more secure and time chomp.

Since all the transactions in Decentralized Exchange Software is on fly and direct process between the wallet of the users as it runs on browser of the user via. JS, it is more harmless and secure and no prone to hacks as well compared to Centralized exchange software.

While in each transaction of cryptocurrencies no third party is intricate here in Decentralized Exchange Software because it is (the liquidity or LP tokens) not stored in the Parent Wallet as in case of centralized exchange software from which anyone could hacks straightforwardly.

When we think about the server storage capacity, the Decentralized exchange software suffice to host in normal server like EtherDelta, Waves Dex etc., with great access speed in turn the owner no need to spend more money on it but in Centralized Exchange Software it is completely different ie., we need to maintain good server infrastructure like binance, CEX.io etc., which requires more money and spend much time to secure as each execution is done by file present in the exchange.

There are many other reasons users opting the Decentralized Exchange Software compared to Centralized Exchange software.

The Decentralized Exchange Software is less expensive and more revenue giving product for the entrepreneur.

Decentralized Exchange Software has an automated percentage of commission for each transaction through Revenue configuration module.

The business startups love the Decentralized Exchange Software more than the Centralized Exchange Software because it is 0.03% fee, and it could be handled with or it allows the user with 4 million transactions in one day which is dramatically great news for the entrepreneur. So, once the user sets up once, then everything is ready-made, simple and more lucrative keep rolling in as well.

Decentralized Exchange Software is also considered as an AMM ie. Automated Market Making Module because the process made simple and everything automated and user friendly.

This AMM functions in such a way to incentivize liquidity provider in a attractive manner.

If anyone would like to provide liquidity for any tokens listed can get just in a few clicks and they could be connected their favorite wallet like MetaMask, Trust Wallet etc., and supply liquidity as well.

The entire Decentralized Exchange Software is to attract more liquidity provider to earn more commission base revenue via Yield farming.

The users must choose Liquidity Provider for each pair of tokens in turn they would receive LP tokens in run time. These LP tokens will be stored by the users in their wallets or stick.

Staking the LP tokens will have an added advantage of receiving rewards which in turn the staked LP tokens would gain more coins with the compound interest in general as well.

Decentralized is 100% source code and smart contract driven just because of this every transaction on your exchange would be controlled through this smart contract execution with more securely and can earn money.