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Deflexchange.



what is Deflexchange?

what do you know what is deflex . Deflex is the first cryptocurrency exchange, Deflex has created an exchange that combines deflation with all cryptocurrency, no matter if it’s a token or a coin. from their point of view, there are two types of exchanges. One type of exchange is those that create new features, new services and take the cryptocurrency industry a step further for mass adoption.
Deflex will set up its own server locations worldwide in certain regions in order not only to have control over its own network and thus ensure the necessary caution and security for users, but also to be more decentralized. This means that Deflex is both central and decentralized. Due to the unknown server locations, regulatory problems cannot arise and every user can use Deflex without problems and restrictions.

Problems

Poor technical architecture
Without a proper infrastructure, an Exchange cannot exist for a long time. Nowadays, many exchanges use cloud services or third parties who can offer them the computing power they need and can provide them immediately. However, this creates problems as dependency on these service providers and third parties increases. This increases the problem that in the event of a third party server failure, the Exchange itself also fails. This can also increase the risk of a hacker’s attack, since the infrastructure is not in-house.
Deflex will set up its own server locations worldwide in certain regions in order not only to have control over its own network and thus ensure the necessary caution and security for users, but also to be more decentralized. This means that Deflex is both central and decentralized. Due to the unknown server locations, regulatory problems cannot arise and every user can use Deflex without problems and restrictions.

KYC Revolution

This is an obvious problem that threatens the decentralization and anonymity of cryptocurrencies. Cryptocurrencies were created to turn away and revolutionize the current monetary situation. A KYC process is required by authorities and exchanges often have to require this from their users due to international law. On the one hand, an exchange can meet certain regulatory requirements and enter into various partnerships, and users can also feel even more secure as a result of KYC increasing account security. On the other hand, this increases the influence of the authorities on the exchange and fewer users dare to come to an exchange that requires a KYC.
Deflex’s anonymity and decentralized infrastructure not only ensure the security of assets and other data, but also immunity to individual authorities. Deflex will in no way require KYC from its users and will also defend the freedom and anonymity of cryptocurrencies in trading.

Customer Service

By far the biggest complaint users currently have with existing cryptocurrency exchanges is poor customer support. The issues are many and include long withdrawal times, login issues,unanswered support tickets, and non-existent documentation. When dealing with such large amounts of funds, users need a professional customer support experience to receive the support they require.
At Deflex, one of the top priorities is a pleasant user experience, and the one of the largest user experience improvement to be made on current cryptocurrency exchanges is the customer support.

Lack of transparency

From a user’s perspective, it is hard to know what is happening behind the scenes of an exchange. Many Exchanges keep their earnings secret because they want to hide it against “competitors”. Much is kept secret. Also for what the fees are used.
We want to change this with Deflex. An exchange reaches the top only through its own community. That’s why user should be able to know what the company is doing in the background and what the current holdings are and therefore the community will be able to see all the latest data on the Deflex Status Platform. This includes the current balance of the fees collected.

Deflex Exchange

● Deflationary Exchange
Every month there will be a burning day on Deflex where the collected currencies will be burned over a period of one month. Currencies are collected on every transaction that incurs a fee. A portion of each fee is added to the Burning Pool and kept transparent there. These will then be opened later on the burning day and sent transparently to a burning address so that they can be burned. This is done with every cryptocurrency collected and anyone can view these accounts freely on the blockchain.
● Matching Engine
Our engine is capable of sustaining 900,000 order per second. This rate will be at the beginning. With time we will improve our engine. We look forward to reach a rate of 1,700,000 order per second.

Coins

Deflex will support trading pairs in the following coins:
● BTC
● DEF (Deflex Coin)
● USDT (Tether)
● TRX (Tron)
More trading pairs will be added over time and we will ask the community if they want more trading pairs and which. This voting will take place on our exchange in a poll section. Deflex will also support ERC20 Token trading and TRC20 Token trading.

Revenue Model

Deflex’s revenue will come from the following sources:
● Exchange Fee
Deflex initially will charge a 0.1% fixed fee per trade. Other variations will be subsequently introduced, including maker-taker, volumed based tiring and 0 fee promotions. We have no plan to charge above 0.1%.
● Withdrawal Fee
Deflex may charge a small fee for withdrawals
● Listing Fee
Deflex will select innovative coins and other assets to be listed on the exchange, there may be a fee associated with those listings.

Deflex Coin (DEF)

We will issue our token, called Deflex. A strict limit of 91,000,000 DEF will be created, never to be increased. DEF will run natively on the Ethereum blockchain with ERC-20. DEF is also one of the deflationary cryptocurrencies, as the DEF supply does not increase and the burning day we are aiming for, which also involves burning DEF.

Allocation

● 60% – Initial Coin Offering (ICO)
● 35% – Company Funds
● 5% – Founding Team

Funds Usage

● 65% of the funds will be used to build Deflexchange and
infrastructure, which includes team recruiting, training, legal
support, administrative expenses and the development budget.
● 25% will be used for Deflex branding and marketing, including
continuous promotion and education of Deflex and Blockchain
innovations in industry mediums. A sufficient budget for various
advertisement activities, to help Deflex become popular among
investors, and to attract active users to the platform
● 10% will be kept in reserve to cope with any emergency or
unexpected situation that might come up.

ROADMAP

 August 2019
● Concept Creation & Development
● The international team began working on the platform.
December 2019
● Whitepaper release
● Website release
January 2020
● MVP Release, ICO planning & preparations started
● Our MVP will be available on our website
March 2020
● Launch of the Initial Coin Offering
May 2020
● Launch of Deflex Beta
● Beta testing will be open to the public.
● Deposit and withdrawal open. Trading begins.
Q2 2020
● Launch of Deflex 1.0
● Expansion of the Server Network

Team

1. Ron Bennett, CEO At Deflexchange

2. Daniel Stein, CMM At Deflexchange
Authors: Loksyun
My Profile Bitcointalk : https://bitcointalk.org/index.php?action=profile;u=1886140;sa=summary
My ETH: 0xd0d8c8e966efC43d681a33f2536fD44AfDf8c827

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