Apr 20, 2021
Why is NGKEX the user preferred DEX platform?
Today’s explosion of DeFi has created a wealth legend to the ecology related to it. And DEX is obviously the best investment target in the skyrocketing DeFi field. The prosperity of DeFi is inseparable from DEX. In other words, DEX is a rigid demand for DeFi. On the other hand, it is because DEX has many opportunities to create wealth in the current field. Although it is in the early stage, there is huge room for development.
Therefore, users must find a potential platform in the DEX field to obtain early market dividends. So, the question is, what are the attributes for DEXs to obtain investment value?
As we all know, decentralized exchanges (DEX) have three major killers, they are openness, transparency, and credibility, and these are precisely what centralized exchanges do not have. Therefore, no centralized exchange can gain a foothold in the prosperous DeFi ecosystem.
In fact, it is not easy for DEX to achieve the ultimate of these three killers, and the NGK blockchain team perfectly integrates these three to build the NGKEX.
NGKEX is a leading decentralized ecosystem with privacy and encryption, providing a series of services such as encrypted digital asset transactions based on blockchain technology. It is also the only decentralized ecological trading platform that adopts the DPOSS consensus in the world.
With strong technical strength, NGKEX adopts the underlying consensus mechanism of DPOSS, which makes it more efficient and convenient, so that it can provide users with the most considerate trading services.
Specifically, NGKEX has three major characteristics, including an open and consensus trading environment, a transparent transaction, and an anonymous transaction method for both parties. It is a decentralized and trustless association model.
The open and consensus trading environment means that every user with cryptocurrency can participate in the blockchain network to achieve equal and free data exchange. It can maintain the entire blockchain through competitive computing. If any node fails, the remaining nodes can still work normally. With that, the NGKEX truly allows every user on the entire blockchain network to enjoy the most secure trading environment, without fear of hacker attacks.
The transaction method with transparency and anonymous parties means that no matter what transactions users conduct on the NGKEX, they are transparent and there is no possibility of black-box operations. Anonymity can fully ensure the privacy and security of users. Each user’s transaction data is fully kept in the user’s hands, which can effectively avoid the bad events of centralized exchanges selling the user information. NGKEX ensures all information is open and transparent to avoid fraud and protect the users’ information and property security through anonymization.
Finally, it has a decentralized and trustless association model. Traditional centralized exchanges need to verify and authorize the users’ identities before transactions, and users need to provide intermediary fees accordingly. However, trading on NGKEX does not require this step. Users can trade at will. There are sophisticated algorithms and smart contract support behind them. Users do not need to worry about being deceived. Therefore, decentralization and trustless are truly realized. Trading on the NGKEX platform can greatly reduce the processing costs, but also fully ensure the security of users’ personal information.
In summary, regardless of the trading environment, trading methods or related models, the NGKEX is committed to creating an open, transparent, and credible system, responsible for users and itself.
Under the DeFi trend, the DEX has clearly become the main trend of the future development and the best platform to create the next wealth password. It is foreseeable that in the future, leaders in DEXs will inevitably emerge, driving many users to achieve freedom of wealth. While NGKEX, which is both decentralized and efficient, may stand out in this trend and become the first member to sit on the throne of DEX.
