//The Collective, CDEX Trading Platform Review

The Collective, CDEX Trading Platform Review

The Collective Community Development Exchange intentions are to bring listing and liquidity back into the hands of the community instead of leaving the decision up to people with only their own interests in mind. The Collective is Run by a group of crypto-enthusiasts, and our goal is to give back to the community. The Collective will accomplish this by giving loyalty rewards to our CDEX users for trading on our platform. CDEX will also offer a reduced fee structure for qualified Platform users. Members of our community will be given an opportunity to help review companies we are considering listing on the exchange. When the community gets treated right, then ultimately they will lift up the companies they support and everyone will have an enjoyable experience.The Cdex trading process1 A user creates a new order by choosing an ERC-20 token, the amount, the ETH amount in return, and whether it’s a buy or sell order. 2 The CDEX system creates a secure cryptographic hash of that order. 3 The CDEX system utilizes a user’s Ethereum private key to sign the order hash. 4 The CDEX system sends the full verified order off chain to await a trade. 5 When someone wants to trade against the order, the order information is processed through a smart contract. 6 The smart contract verifies the validity of the order’s origin. 7 The smart contract also makes sure the order is not expired or filled. 8 And finally, Funds are transferred. You can get more details about the community project and its two type of exchange by looking at the checks below:​Website: http://bit.ly/2RHK6Jz https://www.thecollectivegroup.org/ico/WP_Collective.pdf​Bounty0x: oluwani

The Collective Community Development Exchange intentions are to bring listing and liquidity back into the hands of the community instead of leaving the decision up to people with only their own interests in mind. The Collective is Run by a group of crypto-enthusiasts, and our goal is to give back to the community. The Collective will accomplish this by giving loyalty rewards to our CDEX users for trading on our platform. CDEX will also offer a reduced fee structure for qualified Platform users. Members of our community will be given an opportunity to help review companies we are considering listing on the exchange. When the community gets treated right, then ultimately they will lift up the companies they support and everyone will have an enjoyable experience.

The Cdex trading process

1 A user creates a new order by choosing an ERC-20 token, the amount, the ETH amount in return, and whether it’s a buy or sell order. 2 The CDEX system creates a secure cryptographic hash of that order. 3 The CDEX system utilizes a user's Ethereum private key to sign the order hash. 4 The CDEX system sends the full verified order off chain to await a trade. 5 When someone wants to trade against the order, the order information is processed through a smart contract. 6 The smart contract verifies the validity of the order's origin. 7 The smart contract also makes sure the order is not expired or filled. 8 And finally, Funds are transferred. 

You can get more details about the community project and its two type of exchange by looking at the checks below:

Website: https://www.thecollectivegroup.org/ico/

Whitepaper: https://www.thecollectivegroup.org/ico/WP_Collective.pdf

Bounty0x: oluwani