//DAEX: Strengths and Opportunities

DAEX: Strengths and Opportunities

DAEX: Strengths and Opportunities One strength of the project is the transfer of asset ownership from the exchange to the trader. It is common knowledge that centralized exchanges have been a target for hacking groups, even since the early days of bitcoin’s existence (Mt. Gox).The DAEX solution will make exchanges distribute their pool of assets so that their customers each have their own wallet (the DAEX Wallet) that they access with a private key. With this infrastructure change, centralized exchanges will not need to focus heavily on protecting their hot/cold wallets like they do today, and traders will have their assets stored securely, without having to rely on an exchange to keep their assets safe.The DAEX ecosystem strongly assists the establishment of newly formed exchanges, or exchanges that are not yet mainstream but are looking to expand. With centralized exchanges becoming increasingly popular, there are many challenges they face in such a competitive market.One way the DAEX ecosystem can assist them is by immediately bringing them access to other traders who are using the DAEX Wallet. This will allow the exchange to obtain new customers, which should help generate higher liquidity on their platform.DAEX has recently entered the Korean, Thai and Indonesian markets, with further plans to expand in Asia. Thailand recently implemented a new crypto regulation framework, and the Thai SEC have already received more than 20 applications for new digital asset exchanges.The Korean government is also recognizing cryptocurrency exchanges as regulated financial institutions, and the nation is expecting more exchanges to establish in the near future. It is obvious DAEX have spotted an emerging market that they can tap into and serve.For more information about this unique opportunity and how to participate in the token sale, please visit:https://www.daex.io/

DAEX: Strengths and Opportunities One strength of the project is the transfer of asset ownership from the exchange to the trader. It is common knowledge that centralized exchanges have been a target for hacking groups, even since the early days of bitcoin’s existence (Mt. Gox).

The DAEX solution will make exchanges distribute their pool of assets so that their customers each have their own wallet (the DAEX Wallet) that they access with a private key. With this infrastructure change, centralized exchanges will not need to focus heavily on protecting their hot/cold wallets like they do today, and traders will have their assets stored securely, without having to rely on an exchange to keep their assets safe.

The DAEX ecosystem strongly assists the establishment of newly formed exchanges, or exchanges that are not yet mainstream but are looking to expand. With centralized exchanges becoming increasingly popular, there are many challenges they face in such a competitive market.

One way the DAEX ecosystem can assist them is by immediately bringing them access to other traders who are using the DAEX Wallet. This will allow the exchange to obtain new customers, which should help generate higher liquidity on their platform.

DAEX has recently entered the Korean, Thai and Indonesian markets, with further plans to expand in Asia. Thailand recently implemented a new crypto regulation framework, and the Thai SEC have already received more than 20 applications for new digital asset exchanges.

The Korean government is also recognizing cryptocurrency exchanges as regulated financial institutions, and the nation is expecting more exchanges to establish in the near future. It is obvious DAEX have spotted an emerging market that they can tap into and serve.

For more information about this unique opportunity and how to participate in the token sale, please visit:

https://www.daex.io/