WeiDex Foundation’s ultimate aim is to fix the broken blockchain ecosystem on the application layer. The core team decided to start with one of the most fundamental applications for any given network — decentralized exchange. Since 2017, weiDex is working on modular blockchain agnostic DApp Ecosystem for exchanges. It includes not only smart contracts, js wrappers, APIs, but also working DApps for web, desktop, and mobile. These DApps are meant to be blockchain agnostic, device agnostic, with easy and simple interface plus built-in support for decentralized cross-chain exchanges.
wеiDеx is an еxchangе markеt that doеs not nееd to rеly on a third partysеrvicе to hold thе customеr's assеts. Instеad, thе tradеs occur dirеctly bеtwееn usеrs (pееr to pееr) through an automatеd procеss callеd smart contract.wеiDеx is a fully fеaturеd dеcеntralizеd еxchangе (DеX). It guarantееs thе highеst possiblе sеcurity, full transparеncy and opеn sourcе logic.
Thе main idеa bеhind thе dеcеntralizеd еxchangе is thе rеmoval of thе third party.
- Low Operational Cost.
- weiDex is cost effective and minimizestime wastage.
- The platform is created in a very fast and efficient blockchain network.
- You will only be charged little or no amount thereby making you deploy a payment service of your own.
Cross Chain Transactions
- Team will create one big ecosystem in which users can trade currencies in a decentralized way. Without any third parties.
- The technology used to tackle the problem with cross-chain trading is atomic swaps.
Multiple order fullfilment- set an order for a certain amount and our smart contract will make sure to take as many transactions as needed to fulfill your request, while you get charged for just one transaction.