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Counterparty DEX Review

6

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Terrible

Revainrating 1.5 out of 5  
Rating 
1.7
Crypto Exchanges

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Description of Counterparty DEX

The Counterparty DEX is a decentralized exchange that allows anyone, anywhere in the world to trade tokenized assets on the Bitcoin blockchain. The platform uses XCP as its native token, which is not mineable and was not sold in an ICO like many other tokens. The token came into existence by ?Proof-of-Burn? method where a given number of Bitcoins were sent to an unspendable address, and in exchange, an equivalent number of XCP (2.65 million) were generated on the Bitcoin blockchain.

Reviews

Global ratings 6
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Type of review

Revainrating 1 out of 5

Counterparty Dex has a potential for an exchange stage

Counterparty DEX is a decentralized exchanging that permits you to trade a few assets on the Bitcoin blockchain anyplace on the planet. The scene utilizes XCP as an adjoining note, which isn't definitely and was not sold in the ICO like different notes. A sign? Consume? A specific size of Bitcoins was sent covertly and, all the more definitely, a similar size on the Bitcoin blockchain was made XCP (2.65 million). In spite of the way that Counterparty Dex has a modernized source exchanging st

Pros
  • You can make custom notes.
Cons
  • Up until now, just a small bunch of individuals have utilized the stage
  • Synchronization issues.

Revainrating 1 out of 5

Counterparty Dex has a potential for a trade phase

Counterparty DEX is a decentralized trading that allows you to exchange some resources on the Bitcoin blockchain anywhere in the world. The scene uses XCP as a neighboring note, which is not very much and was not sold in the ICO like the other notes. A sign? Burn? A certain size of Bitcoins was sent in secret and, more precisely, the same size on the Bitcoin blockchain was made XCP (2.65 million). Despite the fact that Counterparty Dex has a computerized source trading stage ahead and a space…

Pros
  • You can make custom notes.
Cons
  • So far, only a handful of people have used the stage
  • Synchronization issues.

Revainrating 3 out of 5

Counterparty DEX

This is a decentralise exxhange with an integrated server to be able to store and exchange. The security of this exchange is base on encryption of the estremos. This wallet is very easy to use. All you just have to do is to guard all your data into a safe place In conclusion, this wallet is an easy wallet without listing a very large number of coins. This product isn't a new product to the masses. There are also other sources and alternative to buy your bitcoin and other crypto…

Pros
  • This platform is very easy to use
  • Custom tokens can be created
  • Keys that are private do not leave the device
Cons
  • No negative comment about this platform

Revainrating 1 out of 5

My review on the decentralized exchange platform that's is yet to hit is potential

Counterparty Dex is still an upcoming digital assets exchange platform that has a long way to go although it's has a room for improvement, Counterparty Dex is a decentralized exchange platform that everybody around the world can make use of, you can trade your tokenize assets on the Bitcoin blockchain, when I checked the platform I found out that they are only making use of XCP as it's native token which is very strange, this XCP is not minable like other coin, when I searched the internet I fo

Pros
  • The Counterparty Dex exchange platform has potential
Cons
  • It's still developing so only few people are using the platform for now

Revainrating 3 out of 5

Wallet designed to create new custom tokens.

This is a wallet with an integrated server to store and exchange BTC and XCP, currently it is limited only to those two assets. Your security is based on encryption of estremos, also private keys do not leave the device. It is easy to use, you just have to safeguard your data in a safe and ready place. Open and verifiable code. In general this is an easy to use wallet, without fiat, without a large number of coins listed. This is not a new product or that offers something new to the…

Pros
  • Easy to use.
  • Private keys do not leave the device.
  • You can create custom tokens.
  • The Lightning Network integration is under development.
Cons
  • Synchronization problems.

Revainrating 5 out of 5

The Counterparty DEX is a decentralized exchange.

Counterparty claims to extend Bitcoin’s functionality by “writing in the margins” of regular Bitcoin transactions. This allegedly opens the door for innovation and advanced features not previously available with ordinary Bitcoin software.Counterparty is built on the Bitcoin blockchain and lets users create and exchange custom tokens just like Waves and Ethereum but has the advantage that it uses the already popular Bitcoin blockchain. This Counterparty DEX Review includes basic info, Features…

Pros
  • Cryptocurrency is available for deposit methods.
Cons
  • Wire transfer and credit card are not available for deposit methods.