Review on DEEX by Toprak Dere
About DEEX
Deex Coin aimed to establish the first decentralized exchange and developed plans and projects with this goal. The Deex coin Bitshares claims to be a hackable exchange using a base of 0.2 graphen. Since the Bitshares infrastructure has never experienced hacking before, it offers users the fastest and most reliable platform. Deex aims to establish a decentralized non-hacking exchange by taking bigger steps with this infrastructure.
Most importantly, they want to have a decentralized structure. So what will be the benefits when it has this structure? It will be the world's first decentralized exchange. They will offer a safer and faster infrastructure compared to central exchanges. They will protect investors' assets with a more secure infrastructure than central exchanges.
Since 1 billion dollars of hacking events have been experienced in the stock exchanges that we call central, investors have turned to look for a safer harbor. Here, the DEEX coin aims to close this gap.
First of all, it may gain some value with the Russian state focusing on the subject. Let me open the subject to you like this. We are in a period when oil values in the world are being destroyed. If we consider that crypto coins also came out after the crisis of 2008, it is a possibility that this may be an opportunity for deex coin and exchange. If Russia starts to support the cryptocurrency market that appeals to hundreds of billions of dollars of hot money, it will also get its share of deex. Suddenly Russia's starting to support cryptocurrencies can bring good opportunities for the Russian-based stock market that is currently in use. Moreover, the number of coins is very small and this will speed up its valuation.
Pros
- The ability to trade with each country's own currency
- Storage opportunity in cold wallet to keep assets safe
Cons
- not listed in any exchange
- They find it difficult to find new investors and a project that could not be achieved for years
