DAEX Centralized exchanges for digital assets



DAEX, or Digital Assets Exchange, is a decentralized cryptocurrency compensation ecosystem. Discover how it works today in our review.
What is DAEX? 
DAEX, which is online at DAEX.io, is an open and distributed cryptocurrency compensation platform. The purpose of the platform is to provide compensation solutions for centralized encryption exchanges. The project is run by an organization based in Switzerland called Fundación DAEX. That organization has already established alliances with the Qtum Foundation, Jenga Blockchain Capital, Sora Ventures, 8 Decimal Capital, 360, and others. DAEX wants to create a hybrid exchange that brings together the benefits of centralized and decentralized exchanges. DAEX is one of several organizations looking to launch a hybrid exchange.
What problems does DAEX seek to solve? 
Why do we need a solution like DAEX? The platform seeks to solve a series of important problems with the current cryptocurrency industry.
Today, there are two main types of exchanges, including centralized and decentralized exchanges. Centralized exchanges provide a centralized order adjustment mechanism for merchants. They keep the funds of the traders and the traders complete the exchanges in the order book. These exchanges are quick and have great liquidity, but operators do not have full control of their funds.
Decentralized exchanges work in a different way: they eliminate intermediaries and allow traders to complete P2P exchanges. Operators have full control of their assets, which allows them to maintain total security of their funds. However, decentralized exchanges often suffer from liquidity problems and long transaction times. 
DAEX aims to solve both problems by creating a decentralized / centralized hybrid exchange of cryptocurrencies.
The solution - DAEX ecosystem
To address the problems mentioned above, DAEX provides an infrastructure for the cryptocurrency trading industry that integrates the benefits of both centralized and distributed exchanges: strong liquidity, high security level, transparency and a relatively untrustworthy environment. DAEX suggests separating the compensation and negotiation services in different entities. Currently, centralized exchanges will continue to provide commercial services, but clearing and settlement services will be based on the DAEX solution. The solution is an open source public blockchain that guarantees that the merchant's assets are kept in their own account. Thus,
The following table represents the key differences between the models:
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How the Blockchain DAEX compensation system works for Crypto Exchanges
DAEX provides a hybrid cryptocurrency exchange infrastructure. The objective of the platform is to combine the benefits of centralized and decentralized exchanges. The final result, ideally, is a platform with high security, fast transaction times, strong liquidity and an environment without trust.
The key innovation with DAEX is that it will separate compensation and negotiation services in different entities.
That means that centralized exchanges using the DAEX protocol can continue to provide commercial services. However, all clearing and settlement services will be based on the DAEX platform. The DAEX platform is a public open source chain that guarantees that the merchant's assets are kept in their own account.
The end result is that DAEX users can enjoy the benefits of a centralized exchange (easy and quick negotiation) along with the security of a decentralized exchange, including maintaining full access to their funds.
DAEX accomplishes this with some fundamental technologies, which include the compensation chain, the compensation account and the DAEX wallet.
KNOW THE TEAM
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Conclusion 
Centralized and decentralized exchanges have unique problems. DAEX aims to unite centralized exchanges with decentralized technology, creating a system where users enjoy the benefits of both.
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