Follow us on or join ours

A new, decentralized exchange based on Dogecoin. Talking about DogeDEX - the first open source exchange from the DEX group, of the type "Shiba Powered". The platform enables P2P exchange between users and atomic exchange. Business Komodo, which is the creator of the stock exchange, does not exclude that such an exchange will soon be possible also in fiat currency.

New among decentralized exchanges

DogeDEX is a complete novelty among decentralized exchanges. The platform is supported by AtomiDex and provides its users with exclusive possession of the keys to portfoliowhich allows you to trade directly from it.

Various trades can be made via DogeDex kryptowalutach, such as Bitcoin, Litecoin or Ethereum. The platform is available in a computer and mobile application. In addition, it provides users with a choice of liquidity provider nodes. At the same time, the exchange provides the possibility of P2P exchange, which, according to the creators of the platform, soon, due to a special extension, may be possible in a fiat currency.

The record DOGE price achieved some time ago was 0,085, but it was not held for too long. It currently stands at around $ 0,05.

Komodo Aspirations

The DogeDEX exchange was created by the Komodo company, a provider of cryptographic solutions

open source. Thanks to a special transaction option called atomic swap, cryptocurrency can be exchanged directly with other users. This excludes the need to involve third parties such as centralized exchanges. An important feature of decentralized exchanges is also the non-transferable wallet option, thanks to which users can store their funds on the platform while being in their sole possession. As Komodo's technical director argues,

Kadan Stadelmann, decentralized exchanges and non-transferable wallets are just one of the many modern tools that the company provides to its users. He also added that it is constantly trying to make dogecoin gradually gain popularity.

5 / 5 - (33 votes) is a cryptocurrency site run by a crypto team of enthusiasts. The main area of ​​our interest are cryptocurrencies, tokens, personal tokens as well as blockchain technology. On the pages of our website we will present independent cryptocurrency reviews and interesting articles from the market. In addition, we present the current rates of all critics. The site also has a multi-functional cryptocurrency calculator as well as traditional currencies.

The information published on the cryptocurrency website are not financial recommendations and do not constitute investment recommendations within the meaning of the Regulation of the Minister of Finance of 19 October 2005 on information being recommendations regarding financial instruments, their issuers or issuers (Journal of Laws of 2005, No. 206, item 1715). The information published on the pages of the portal does not constitute an offer. is not responsible for any decisions taken under the influence of data presented on the Website. Portal does not bear any responsibility for the possible use of information on the website.

Investments in OTC market instruments, including currency exchange rate (CFD) contracts, due to the use of the leverage mechanism, entail the possibility of incurring losses exceeding the value of the deposit. It is not possible to make a profit on transactions on OTC instruments, including currency exchange contracts (CFDs) without risking a loss, therefore contracts for exchange differences (CFDs) may not be suitable for all investors.

© Copyright 2019

My Newsletter

Sign Up For Updates & Newsletters