$ 0.007 3.62%
DAEX (DAX) Rank 1091
DAEX is a clearing solution for centralized cryptocurrency trading exchanges. Its clearing service is based on distributed ledger technology. Clearing and settlement rules are preprogrammed into clearing smart contracts on the DAEX clearing chain. The clearing process is automatic without people’s interference. The objectivity of clearing is guaranteed by the consensus mechanism on the clearing chain. Also, customers’ digital assets are registered and stored on the DAEX’s clearing chain. No other institutions or individuals can access these assets without the owner’s permission.
| Mkt.Cap | $ 13.58 M | Volume 24H | 0.00000000DAX |
| Market share | 0% | Total Supply | 2 BDAX |
| Proof type | N/A | Open | $ 0.0066 |
| Low | $ 0.0065 | High | $ 0.0068 |
DAEX Blockchain
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Our young and dynamic team is comprised of well-known journalists as well as Cryptocurrency & Blockchain Experts. DAEX is an open and decentralized clearing and settlement ecosystem for all cryptocurrency exchanges.
Its clearing service is based on distributed ledger technology. Clearing and settlement rules are preprogrammed into clearing smart contracts on the DAEX clearing chain. CryptoGround.com is an independent publishing house that provides Cryptocurrency & Blockchain Technology News. It is a News Media Platform which serves its audience with accurate News and Analytical Articles. Our team is committed to providing unbiased News & Reports related to various Cryptocurrencies, Decentralized Apps, Initial Coin Offerings (ICOs) and Blockchain technology.
By using distributed ledger technology, trader’s assets are kept in their own accounts on the blockchain. No one else can access traders’ assets without their permissions. This effectively removes trader’s asset risks in current centralized exchanges.
No other institutions or individuals can access these assets without the owner’ s permission. The ecosystem will decouple assets and transactions, enable token-based authentication and restructure the transaction process.
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The DAEX ecosystem allows traders to use wallets and perform trades that when matched are sent to the clearing service. The clearing service (CaaS) generates the smart contracts to validate the trades and to make sure the requirements are met. After the validation process, the smart contract runs the consensus mechanism and updates the corresponding wallets with the cleared assets. DAEX is a clearing solution for centralized cryptocurrency trading exchanges.
This will allow for safer and more efficient distributed registration, clearing and settlement of digital assets. A reliable digital asset wallet based on blockchain technology. former Chief Engineer of #Shanghai Stock Exchange, Baishuo, and CEO of Ta Lian Network Technology, Yan Xiangxiang, shared insightful thought about blockchain distributed technology in DAEX lecture. We strive to help our readers gain valuable, trusted insights through in-depth analysis, high-quality and well-researched News stories and views from the digital currency community experts.
It also serves as a reliable custodian of mutiple crypto assets. The clearing process is automatic without people’ s interference. The objectivity of clearing is guaranteed by the consensus mechanism on the clearing chain. Also, customers’ digital assets are registered and stored on the DAEX’ s clearing chain.
DAEX Market Cap $ 1,098,140
DAEX prices are currently experiencing a change of -1.84 %, check all cryptocurrency. Over the past 24 hours 0.004 M US dollars DAEX has been traded on Crypto Exchanges. Watch DAEX price in real time by adding it to your favourites and creating a free cryptocurrency portfolio tracker if you wish.
- The DAEX network uses the DAX utility token (Ethereum-based ERC20) to ease the cooperation between different exchanges in the DAEX ecosystem.
- Our team is committed to providing unbiased News & Reports related to various Cryptocurrencies, Decentralized Apps, Initial Coin Offerings (ICOs) and Blockchain technology.
- former Chief Engineer of #Shanghai Stock Exchange, Baishuo, and CEO of Ta Lian Network Technology, Yan Xiangxiang, shared insightful thought about blockchain distributed technology in DAEX lecture.
Coin Market Waves shows the most accurate live prices, charts and market rates from major crypto exchanges globally. Coin Market Waves have over 2100 cryptocurrencies, trusted historical data, details of active, upcoming and finished ICOs. The website provides a list of cryptocurrency and blockchain related events, valid and complete list of cryptocurrency wallets and mining pools. We also serve rich advertisement campaigns to promote your business on our website. DAEX is an open and decentralized clearing ecosystem for cryptocurrencies and a bridge that connects cryptocurrency trading exchanges.
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Specifically, trading and clearing will be separated into different entities. Current centralized exchanges will continue to provide trading service. But the clearing work will be handled over to a common clearing service which is based on the DAEX solution. But, different from current centralized clearing services, the DAEX clearing service is based on distributed ledger technology. The distributed ledger technology guarantees that trades are correctly and safely cleared and settled.
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DAEX reached its highest price on 3 May, 2018, when it was trading at its all-time high of $ 0.204251. It has a circulating supply of 354.67M DAX. #DAEX has strategically #acquisition of #LBank the TOP 10 exchange, and will conduct comprehensive strategic cooperation with LBank.
DAEX (DAX)
The DAEX network uses the DAX utility token (Ethereum-based ERC20) to ease the cooperation between different exchanges in the DAEX ecosystem. All content provided by the site, hyperlinks, related applications, forums, blogs, social networks and other information is taken from third-party sources and is intended for reference only. We make no warranties with respect to our content, including but not limited to accuracy and timeliness. No part of the content we provide is financial advice, legal advice or any other form of advice intended for any of your personal purpose. Any use of our content is entirely at your own risk.
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Today DAEX price in US dollars is currently 0.0031 USD, and if converted to Bitcoin is 0. A total of 120 coin's are currently circulating in the Market.
