CLOVERDEX - an alternative platform for decentralized cryptocurrency exchange

The residents of the Earth are in this age which is the one that doesn't resemble any other in the whole story of humankind. We are about to unbelievable advances which will form our realities very fundamentally and irreversibly. Some of these reformations are set to happen and some of them have just started. Industry 4.0 and blockchain can be included amidst those which are now, here to reconstruct our stories.

With the introduction of the blockchain, software field enhanced and an extensive hype has resulted. Area leviathans got approaching it one by one and financial practice has likewise adjusted since a new financing pattern arose which is named cryptocurrency.

Naturally, it is commonly affirmed that, for each financing device, there must be a mechanism which gives buying and selling circumstances and a variety of investment mediators. Essentially, we can count them as exchanges for today's crypto area and the number of them rising almost exponentially after the mega bull run which had occurred at the end of 2017 and lasted in 2018.

There are different exchange alternatives now yet none of them has exact client-centred systems, to be honest. And they profit from being outside of regulative employment.

The exchange sector has a handful of problems which causes losses for both investors and exchanges and there exists a unique multi-functional exchange project called Cloverdex to give correct answers to the problematic questions lies within the area.

Problems

•Usability
Almost all of the contemporary exchanges demand numerous movements and are tailored for advanced users or consider that the user has knowledge prior to their existence in the trading environment.

•Security
Today's cryptocurrency exchanges have been open to hacking and in-house scam because of the lack of security focus and unconcern.

•Liquidity
If there doesn't exist enough buyers and sellers trading on an exchange this results in higher difficulty to trade, raised asset prices for investors, and problem in withdrawing funds in at.

•Transparency
There are hidden trading charges and payment problems end in higher investor expense and lack of credence.

•Compliance
Most of the customer candidates are reluctant to join the cryptocurrency market due to observed ambiguity in ordinances and rules.

•Education
Almost all of the exchanges try to feed advance traders and are not willing to provide fitting instruction and handy devices for novice investors.

•Accessibility of funds
Most of the solutions today's exchanges offer to link conventional payment infrastructure and blockchain based assets are not smooth and require huge transaction fees either within upfront fees or currency change measures, both of which form fundamental problems for users.

Cloverdex

Cloverdex platform has three main parts which are ready to serve its clients without involving those problems that I mentioned above.

•Modular Hybrid Decentralised Exchange

The creators of the platform named the exchange as Modular Hybrid Decentralised Exchange which is combining the velocity and liquidity of popular centralised exchanges with the safety provided in a decentralised exchange where the clients own their private keys.

Cloverdex trading platform will present to both newcomers and seasoned users through 3-step verification which means that all actions such as registration, trading etc. could be completed within 3 steps.

There are additional features that I listed below:

✔Various Fiat pairings mean there is ready up to 10 distinct fiat pairings originally with more to come.
✔Support over 100+ cryptocurrencies and tokens.
✔Transparency provides no hidden fees.
✔Security fundamentally requires 2 Factor Authentication and Multisig implementation. A periodical outer security inspection by a respectable firm.
✔Liquidity maximises best feasible rates by hitting into external exchange pools.

•Secure multi-currency wallet

Unlike almost all of the present popular exchanges, Cloverdex has a wallet option including multi-currency holding opportunity which gives its customers complete authority and possession of their crypto assets. Cloverdex wallet also offers:

✔Crystal clear crypto asset government and buying/selling activity.
✔Reserve an abundance of cryptocurrencies/tokens.
✔Control debit card settings.
✔Private key possession.
✔Powerful safety focus including 2FA and multisig

•EFTPOS Debit Card - highly accessible use of cryptocurrency

Cloverdex debit card creates an opportunity for immediate and seamless adoption of cryptocurrency for every-day shopping including some other features such as:

✔Ready to use at millions of EFTPOS terminals throughout the world.
✔Designed a future alliance with Google Pay and Apple Pay.
✔Transform crypto assets to fiat money at the point of investment.
✔Absolute control of debit card activity and weekly/monthly spending limits.

Cloverdex Token

Cloverdex token (CLDX) is a utility token that totally compatible with ERC standards.

Token Specifics

Token Allocation

Token Holder Benefits

Cloverdex platform offers beautiful benefits for the CLDX token holders which I listed below.

Depending on the number of tokens held by the user, the trading fee decreases dramatically.
Holders of 3000 or more tokens could get the chance to obtain platform's debit card freely.
Token holders have the opportunity to involve community discussions and use tokens to give votes for the decisions. The more token being held the more influence one could get.
There exists an advanced market analysis system and only token holders get the chance to use it.
Trading platform's and wallet's beta access is available for the token holders.

Final Words

Today, there exists an incredibly high number of exchanges at present. Most of them including the many popular ones are not really client-centred and they are not really own effort to be in that approach. Cloverdex platform is here and ready to this perspective with the benefits of decentralised and centralised exchanges combined and lack of their defects. Useful user interface and CLDX token holding advantages combined could make Cloverdex platform a bright star of the year.