CryptoPotato
CryptoPotato
  • Crypto News
  • Margin Trading
  • Guides
    • Bitcoin & Crypto Guides 101
    • Bitcoin For Beginners
    • Editorials
  • Fund
  • Buy
  • Language
  • Crypto News
  • Bitcoin For Beginners
  • Cryptocurrency Guides 101
  • Editorials
  • Bitcoin & Crypto Margin Trading
  • Bitcoin Price Analysis
  • CryptoPotato Crypto Fund
  • Ethereum (ETH) Price Analysis
  • Ripple (XRP) Price Analysis
  • Market Updates
  • Interviews
  • Buy Bitcoin with Card
  • bitcoin
    BTC$63,532.00
  • ethereum
    ETH$2,495.27
    • Market Updates
    • BTC Analysis
    • ETH Analysis
    • XRP Analysis
    • Interviews
    Home » Projects » DIFX: Fully Insured Cross-Asset Trading Platform

    DIFX: Fully Insured Cross-Asset Trading Platform

    Author: Danish Yasin

    Last Updated Mar 25, 2021 @ 21:30

    [Featued Content]

    It goes without saying that the advent of blockchain technology has had a disruptive effect on traditional finance (among other industries), with a further impact yet to come.

    Its ingenuity lies within simplicity and efficiency, tackling some of the broader issues of existing solutions. However, that’s not to say that the nascent industry doesn’t have challenges of its own.

    Many of the existing cryptocurrency solutions also suffer from slower payment remittance, certain inefficiencies when it comes to cross-border payments, high transaction fees, and so forth. All of the above call for solutions that would enable a P2P exchange of crypto and fiat while also garnering the benefits that are left on the table.

    DIFX was created as a blockchain-based cryptocurrency exchange aimed at tackling some of the most pressing issues that a lot of competitors currently face.

    What is DIFX?

    DIFX is a blockchain-based cryptocurrency exchange that’s working on a hybrid model of both centralized and decentralized exchange, incorporating atomic swaps powered by blockchain technology.

    It aims to deliver a platform that caters to both beginner and advanced traders, institutions, and investors, boasting a user-friendly interface taking advantage of the better of both the centralized and decentralized world.

    Leveraging distributed ledger technology, DIFX aims to make the remittance services accessible while also adding value for more customers. It also aims to reduce settlement time and improve efficiency.

    With this said, some of the challenges that it aims to tackle include, but are not limited to:

    • Poor customer support services
    • High trading fees
    • Liquidity
    • Lack of security
    • Lack of diversified portfolio options

    To do so, DIFX takes a cohesive approach, introducing a range of benefits.

    How Does DIFX Solve These Issues?

    To tackle the challenges mentioned above, DIFX puts emphasis on different aspects of its customer journey.

    Improved User Interface

    DIFX introduces a highly intuitive and very user-friendly interface that makes going through the various features of the platform easy. It offers a single account with AI-based asset management tools alongside support features.

    The exchange also has easy-to-follow explainer videos for most of its basic functionalities to help the onboarding process.

    AI-Based Query Resolution Bots and Dedicated Support

    Customer support is a critical part of the entire cryptocurrency trading experience. DIFX boasts a dedicated staff that will help traders throughout their journey and also has AI-based query resolution bots that are capable of answering every ticket raised immediately.

    Dedicated Cloud Servers

    This ensures lightning-fast response, low latency tickers, no lag when it comes to order execution, and zero redundancy. It marginalizes slippage and impact costs of large trading orders.

    Token Vetting and Pre-Screening

    The team pre-screens tokens before listing them on the exchange to ensure that dubious projects and sketchy tokens are left out.

    Assurance of Price Uniformity

    Using artificial intelligence, the team will interpolate the price of the top five exchanges and guarantee that there’s no lack of price uniformity. This is very important for DIFX as one of its revenue models is the technical analysis module.

    Security Audits

    DIFX is subjected to security audits that are aimed at eliminating front running and do away with any possibility of price manipulation or wash trading.

    At the heart of all of the above is the DIFX utility token. It’s based on Ethereum’s ERC-20 protocol standard and serves as a medium of exchange, allowing holders to make payments and transfers quickly and transparently throughout the entire world. It also brings the following benefits to its holders:

    • Leverage of 15x on all trades
    • Discounts of up to 50% on trading fees
    • Expected high yields from token investments
    • Staking options
    SPECIAL OFFER (Sponsored)
    Binance Futures 50 USDT FREE Voucher: Use this link to register & get 10% off fees and 50 USDT when trading 500 USDT (limited offer).

    PrimeXBT Special Offer: Use this link to register & enter POTATO50 code to get 50% free bonus on any deposit up to 1 BTC.

    Enjoy reading? Share with your friends
    Facebook Twitter LinkedIn Telegram

    About The Author

    Danish Yasin
    More posts by this author

    A freelance writer with more than three years of experience and can write research papers, blogs and web articles. An aspiring Computer Scientist and technology enthusiast. Contact Danish: LinkedIn

    button
  • bitcoin
    BTC$63,532.00
  • ethereum
    ETH$2,495.27
  • Join Our Community

    FacebookTwitter YouTubeTelegram


    bigomex
    Bitcoin Editorials
    4 Reasons Altcoin Season 2021 Has Officially Started

    4 Reasons Altcoin Season 2021 Has Officially Started

    After Tesla: Is Apple Eyeing Bitcoin? What We Could Expect to See Next (Opinion)

    After Tesla: Is Apple Eyeing Bitcoin? What We Could Expect to See Next (Opinion)

    What Is NFT? Non-Fungible Tokens Guide For Dummies

    What Is NFT? Non-Fungible Tokens Guide For Dummies

    What is BitClout? The Latest Crypto Hype – Is It Safe?

    What is BitClout? The Latest Crypto Hype – Is It Safe?

    What is Dogecoin (DOGE)? 5 Facts About the Crypto That Started as a Joke 

    What is Dogecoin (DOGE)? 5 Facts About the Crypto That Started as a Joke 

    Join Our Newsletter
    Become a CryptoPotato VIP
    One Weekly Email Can Change Your Crypto Life.
    Sign-up FREE to receive our extended weekly market update and coin analysis report
    We NEVER send spam. You can unsubscribe at any time.
    Invalid email address
    Thanks for subscribing!
    About
    Advertise on CryptoPotato
    About Us | Contact Us

    Terms of service | Privacy Policy | GDPR
    More Sections
    IEO List | Evaluations
    Airdrops
    Scholarship
    Cannabis Stocks News | Market Analysis
    Disclaimer
    Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk. Full disclaimer
    © Copyright CryptoPotato 2016 - 2021
    Scroll to top
    One Weekly Email Can Change Your Crypto Life.

    Sign-up FREE to receive our extended weekly market update and coin analysis report

    We never send SPAM. You can unsubscribe at any moment
    Invalid email address
    Thanks for subscribing!