As blockchain technology continues to rapidly advance across the world, it has considerably affected multiple industries, particularly the financial industry. The decentralized storage of data and creation of innovative services that are accessible with smart contract payments have led to an influx of potential investors into this sector, especially in cryptocurrency trading.
However, a lot more needs to be done in the area of cryptocurrency trading to encourage increased investment and growth of the whole industry, and this is where the EVEN foundation comes in.
Introducing The EVEN Decentralized Trading Platform
A critical component in the area of cryptocurrency trading and financial technologies in general, is the establishment of tools to ensure safe financial transactions and storage of records for participates who want to invest in untrusted environments. The solution is to use a blockchain backed crypto exchange like EVEN DEX that is founded on the principles of security and transparency. Unlike the previous generations of decentralized crypto exchanges that failed to gain traction because of technological limitations and lack of essential services, the EVEN exchange system offers all the tools needed for professional cryptocurrency trading.
How Is The EVEN Different From Regular Exchange Systems?
What makes EVEN DEX exceptional is the simple fact that it is decentralized, especially given that most other competitors currently operating forex exchange platforms are centralized. By using this completely decentralized strategy and a masternode system to conduct crypto exchange transactions, this EVEN DEX exchange will solve the challenges related to transactions speeds, funds security and the accessibility of professional trading instruments. The current exchange platform systems use third party companies to store funds, which increases the risk due to fraudulent activities and hacker attacks. This EVEN platform plans on executing its exchange on a custom blockchain to provide fully decentralized storage of funds, away from any third-party reach.
It is worth to note that the EVEN platform is not just limited to hosting the EVEN DEX crypto exchange, but it will also feature other services. The team at EVEN Foundation have extensive plans that target the development of extra, valuable financial services on this platform to provide opportunities for every trader and investor. In effect, the platform comes with other useful features, including the ability to create smart contracts, data sharing from the blockchain to external networks, an API and also the ability to retrieve data from external networks and store it in the blockchain.
Why Choose EVEN As A Cryptocurrency Trading Platform
The benefits presented by using the EVEN trading platform including highly efficient inbuilt financial instruments like the versatile DEX wallet that supports multiple currencies, along with the integrated protection from interference from third parties. Traders will also get access to a straightforward exchange system with easy buying and selling options for multiple available cryptocurrencies. Overall, this EVEN crypto exchange platform is designed to meet the needs of all market participants.
EVEN Final Thoughts
Looking at all the current centralized exchange platforms with their multiple faults, it is clear that a different solution must be created, hence the introduction of the EVEN exchange platform. The EVEN DEX exchange offers security, transparency and increased transaction speeds along with plenty of other professional tools for traders. All these key features make this product from the EVEN foundation worth backing as it heads to its pre-sale and ICO stage.