The Basics of Trading on Margin

Smart Trading with BankDex

Apart from eliminating a third party or middleman, BankDex smart contracts impart several novel features to the decentralized exchange. From trustless execution of a trade to the inclusion of new trading facilities, the contracts lay the platform for a unique exchange.
The exchange ensures secure trading with the help of smart contracts. The contracts insulate the exchange from hacker attacks and eliminate ICO scams by conducting the KYC process on every token before it is traded on the exchange.
The exchange ensures seamless wallet integration letting users transfer coins directly from their hardware wallets to the blockchain and smart contracts. The wallets allow crypto-asset enabled fund transfer from one user to the other.
The exchange enables peer to peer trade without any involvement of the third party with the help of smart contracts and a host of other reliable Blockchain protocols. This ensures faster trade as it is carried out directly between traders without having to wait for the approval of an admin.
All the transactions in BankDex are carried out using smart contracts that can be generated only with the help of the user’s private key. This enables the user to have complete control over their own funds.
The exchange ensures faster and cheaper transactions without placing a limit on the withdrawal of funds. BankDex supports a wide range of crypto and fiat currencies. It allows trade in national currencies as well, with the help of compliant gateways.
BankDex offers diverse options for trading such as margin trading with the help of smart contracts and blockchain protocols.
submitted by Ebyluscious to BankdexICO [link] [comments]

Trading on BankDex

Apart from eliminating a third party or middleman, BankDex smart contracts impart several novel features to the decentralized exchange. From trust less execution of a trade to the inclusion of new trading facilities, the contracts lay the platform for a unique exchange.
Secure trade with smart contracts
The exchange ensures secure trading with the help of smart contracts. The contracts insulate the exchange from hacker attacks and eliminate ICO scams by conducting the KYC process on every token before it is traded on the exchange.
Seamless wallet integration
The exchange ensures seamless wallet integration letting users transfer coins directly from their hardware wallets to the blockchain and smart contracts. The wallets allow crypto-asset enabled fund transfer from one user to the other.
Peer to peer trade
The exchange enables peer to peer trade without any involvement of the third party with the help of smart contracts and a host of other reliable Blockchain protocols. This ensures faster trade as it is carried out directly between traders without having to wait for the approval of an admin.
Complete control over funds
All the transactions in BankDex are carried out using smart contracts that can be generated only with the help of the user’s private key. This enables the user to have complete control over their own funds.
Unlimited withdrawal of currency
The exchange ensures faster and cheaper transactions without placing a limit on the withdrawal of funds. BankDex supports a wide range of crypto and fiat currencies. It allows trade in national currencies as well, with the help of compliant gateways.
Margin Trading
BankDex offers diverse options for trading such as margin trading with the help of smart contracts and blockchain protocols.
Conclusion
Cryptocurrency exchanges have grown in number over the years. While there were only 70 cryptocurrency exchanges in operation in March 2015, there are about 190 exchanges that offer crypto fiat trading. Moreover, the number of cryptocurrencies available today has increased from 40 to 1273 during the period 2013 to 2018.
Nevertheless, we haven’t been able to converge on a single cryptocurrency exchange that satisfies all the requirements of the trading community. The current market scenario demands an exchange solution that incorporates the best of the present technologies. BankDex is being developed to play that role of a secure trading platform provider.
With an interactive platform, coupled with a seamless network, reinforced by a powerfully built Blockchain, and smart contracts, BankDex aims to be the future of decentralized trading.
For more information visit : https://medium.com/@bankdex.org/announcing-bankdex-with-smart-trading-advantages-8b1305648a90
submitted by Joygalz to BankdexICO [link] [comments]

Smart Trading with BankDex

Apart from eliminating a third party or middleman, BankDex smart contracts impart several novel features to the decentralized exchange. From trust less execution of a trade to the inclusion of new trading facilities, the contracts lay the platform for a unique exchange.
Secure trade with smart contracts
The exchange ensures secure trading with the help of smart contracts. The contracts insulate the exchange from hacker attacks and eliminate ICO scams by conducting the KYC process on every token before it is traded on the exchange.
Seamless wallet integration
The exchange ensures seamless wallet integration letting users transfer coins directly from their hardware wallets to the blockchain and smart contracts. The wallets allow crypto-asset enabled fund transfer from one user to the other.
Peer to peer trade
The exchange enables peer to peer trade without any involvement of the third party with the help of smart contracts and a host of other reliable Blockchain protocols. This ensures faster trade as it is carried out directly between traders without having to wait for the approval of an admin.
Complete control over funds
All the transactions in BankDex are carried out using smart contracts that can be generated only with the help of the user’s private key. This enables the user to have complete control over their own funds.
Unlimited withdrawal of currency
The exchange ensures faster and cheaper transactions without placing a limit on the withdrawal of funds. BankDex supports a wide range of crypto and fiat currencies. It allows trade in national currencies as well, with the help of compliant gateways.
Margin Trading
BankDex offers diverse options for trading such as margin trading with the help of smart contracts and blockchain protocols.
Conclusion
Cryptocurrency exchanges have grown in number over the years. While there were only 70 cryptocurrency exchanges in operation in March 2015, there are about 190 exchanges that offer crypto fiat trading. Moreover, the number of cryptocurrencies available today has increased from 40 to 1273 during the period 2013 to 2018.
Nevertheless, we haven’t been able to converge on a single cryptocurrency exchange that satisfies all the requirements of the trading community. The current market scenario demands an exchange solution that incorporates the best of the present technologies. BankDex is being developed to play that role of a secure trading platform provider.
With an interactive platform, coupled with a seamless network, reinforced by a powerfully built Blockchain, and smart contracts, BankDex aims to be the future of decentralized trading.
For more information visit : https://medium.com/@bankdex.org/announcing-bankdex-with-smart-trading-advantages-8b1305648a90
submitted by Bethmotel to BankdexICO [link] [comments]

Trading on BankDex

Apart from eliminating a third party or middleman, BankDex smart contracts impart several novel features to the decentralized exchange. From trust less execution of a trade to the inclusion of new trading facilities, the contracts lay the platform for a unique exchange.
Secure trade with smart contracts
The exchange ensures secure trading with the help of smart contracts. The contracts insulate the exchange from hacker attacks and eliminate ICO scams by conducting the KYC process on every token before it is traded on the exchange.
Seamless wallet integration
The exchange ensures seamless wallet integration letting users transfer coins directly from their hardware wallets to the blockchain and smart contracts. The wallets allow crypto-asset enabled fund transfer from one user to the other.
Peer to peer trade
The exchange enables peer to peer trade without any involvement of the third party with the help of smart contracts and a host of other reliable Blockchain protocols. This ensures faster trade as it is carried out directly between traders without having to wait for the approval of an admin.
Complete control over funds
All the transactions in BankDex are carried out using smart contracts that can be generated only with the help of the user’s private key. This enables the user to have complete control over their own funds.
Unlimited withdrawal of currency
The exchange ensures faster and cheaper transactions without placing a limit on the withdrawal of funds. BankDex supports a wide range of crypto and fiat currencies. It allows trade in national currencies as well, with the help of compliant gateways.
Margin Trading
BankDex offers diverse options for trading such as margin trading with the help of smart contracts and blockchain protocols.
Conclusion
Cryptocurrency exchanges have grown in number over the years. While there were only 70 cryptocurrency exchanges in operation in March 2015, there are about 190 exchanges that offer crypto fiat trading. Moreover, the number of cryptocurrencies available today has increased from 40 to 1273 during the period 2013 to 2018.
Nevertheless, we haven’t been able to converge on a single cryptocurrency exchange that satisfies all the requirements of the trading community. The current market scenario demands an exchange solution that incorporates the best of the present technologies. BankDex is being developed to play that role of a secure trading platform provider.
With an interactive platform, coupled with a seamless network, reinforced by a powerfully built Blockchain, and smart contracts, BankDex aims to be the future of decentralized trading.
For more information visit : https://medium.com/@bankdex.org/announcing-bankdex-with-smart-trading-advantages-8b1305648a90
submitted by Joygalz to BankdexICO [link] [comments]

TRADING ON BANKDEX

Apart from eliminating a third party or middleman, BankDex smart contracts impart several novel features to the decentralized exchange. From trust less execution of a trade to the inclusion of new trading facilities, the contracts lay the platform for a unique exchange.
The exchange ensures secure trading with the help of smart contracts. The contracts insulate the exchange from hacker attacks and eliminate ICO scams by conducting the KYC process on every token before it is traded on the exchange.
The exchange ensures seamless wallet integration letting users transfer coins directly from their hardware wallets to the blockchain and smart contracts. The wallets allow crypto-asset enabled fund transfer from one user to the other.
The exchange enables peer to peer trade without any involvement of the third party with the help of smart contracts and a host of other reliable Blockchain protocols. This ensures faster trade as it is carried out directly between traders without having to wait for the approval of an admin.
All the transactions in BankDex are carried out using smart contracts that can be generated only with the help of the user’s private key. This enables the user to have complete control over their own funds.
The exchange ensures faster and cheaper transactions without placing a limit on the withdrawal of funds. BankDex supports a wide range of crypto and fiat currencies. It allows trade in national currencies as well, with the help of compliant gateways.
BankDex offers diverse options for trading such as margin trading with the help of smart contracts and blockchain protocols.
Visit BANKDEX for more information
submitted by tcode58 to BankdexICO [link] [comments]

BankDex Architecture, Protocol and Smart contracts


https://preview.redd.it/ppqwo0q44lh31.png?width=468&format=png&auto=webp&s=24b86129938740ea6c0c99811799a63f10f16167
BankDex architecture
How will we reach these goals? BankDex is built on a peer to peer architecture without the involvement from any third party APIs as the latter ones are the points of failure9 10. The underlying technology is a high-speed, fully decentralized and public blockchain platform that possesses Turing complete, autonomous Smart Contracts.
BankDex protocol
BankDex overcomes the scalability limits of current blockchain systems with the BankDex protocol that balances the trade-off between throughput and latencies. Thereby, enables the secure validation and confirmation of initial transactions in seconds, in place of minutes or even hours as in regular blockchain transactions. BankDex provides more than million transactions per second and data transaction per 0.1 seconds — 1000 times faster than other decentralized exchanges. New decision consensus algorithm is based on secure data processing and multiple validation.
BankDex smart contracts
The BankDex platform consists of fraud-proof & completely automated smart contracts with powerful business logic. They allow multiple transactions or order matching from multiple users at the same time at a fast rate. Smart contracts are responsible for: the assets storage and trade settlements execution; arbitrage for processing and keeping track of the transaction; wallet to wallet transactions. These contracts ensure easy methods for the creation and exchange of tokens, increasing their tradability and liquidity.

https://preview.redd.it/9ov770ec4lh31.jpg?width=400&format=pjpg&auto=webp&s=f1473e304fc624cdf00ae4131a1e24d0142ceb86
Multi-currency E-Wallet
Multi-currency E-Wallet to support all kind of hardware and software wallets with no need to install various wallets on devices. Just one single BankDex secure wallet to store and transfer lots of cryptocurrencies. Multiple currency wallet facility enables the national currency transfer through compliant gateway operators.
This is truly a breakthrough achievement. Not only DEX don’t support fiat. There are only several large CEX that do support the conversion to fiat: Coinbase, Gemini, Kraken, Coinmama, Bitstamp11. Credit/debit cards, as well as bank transfers, are the two most popular payment means on these platforms12. Others exchanges force traders to buy BTC/ETH from a ‘gateway’ exchange before transferring it to the crypto exchange to trade with. This process takes time as well incurring a fee for the transfer.
BankDex Gateways
Gateways to allow trading crypto and fiat currencies as long as they are on the BankDex platform. In the initial phase of development, BankDex users could trade US DollaEuro along with other 50 cryptocurrency tokens. BankDex provides scalability with the provision to trade more than 500 coins in the future.
BankDex Interface
Intuitive one-stop-shop interface to buy, sell, exchange cryptocurrencies and fiat. Our team involved experienced graphic designers and did the best to set up a very user-friendly environment for all users. A wide range of main languages of the world is supported. As a result, all people interested in crypto trading can enter the exchange and easily carry out their business activities without any hitch.

https://preview.redd.it/xi740qpq5lh31.jpg?width=400&format=pjpg&auto=webp&s=c2cfcf16e4bb640ced334ae8e9f9b47012303f39
Near-feeless transactions
BankDex allows free trading, without any fees for the first 90 days. After the period, it imposes a nominal fee of 0.003USD.
Free Cancellation
Users can cancel all type of orders without any penalties. Feel free to order and cancel whenever you want.
Unlimited withdrawals
BankDex decentralised exchange does not set a limit on the number of withdrawals to be carried out.
No KYC procedure
BankDex avoids the need for KYC procedure, maintain anonymity and thus preserving the privacy of traders involved in the trade. Also, without KYC you won’t face the complexity of registration on the exchanges. This process takes up to a couple weeks13 as exchanges are unable to keep their new account opening facility open all the time due to the influx of people.
Account recovery
In case of a lost account, BankDex has the built-in provision to enable account recovery to a new device.
Simulator Exchange
BankDex includes simulator exchange that helps to improve trading without risking real money.
Full Transparency
All the details of transactions such as the details of the order book, deposits and withdrawal are all stored transparently on the blockchain.
Margin trading
BankDex enables margin trading for its users with the help of a protocol that provides the facility through smart contracts.
How it works
Although the exchange possesses a centralized order matching system, the order settling is carried out in a decentralized way in the Blockchain. Thus, provides protection from front-running by concealing the orders.
The orders are paired off-chain in a centralized server before being executed on the Blockchain.
The trade in the exchange is conducted by market makers and market takers.
The market maker creates an order for exchanging, say, Token A for Token B. The order contains the desired exchange rates along with the expiration time. It is signed with the maker’s private key and submitted to the database for updating. The maker’s account is then verified for sufficient balance and the order is added to the order book.
The market taker intercepts the order and matches it. The exchange then verifies the taker account for sufficient balance and if found, the signed transactions are updated in the database and added in the order book.
The actual fund transfer on the blockchain takes place during the order settling phase. After all the dependent and associated trades are mined, the transaction is transferred to the blockchain, where it is mined and contract balances updated to represent the trade.
Once the transaction has been mined, the makers and takers are able to withdraw their funds.
Website : https://www.bankdex.io/ Twitter : https://twitter.com/bank_dex Facebook : https://www.facebook.com/bankdex.io Telegram : https://t.me/BankdexChatOfficial Whitepaper : https://www.bankdex.io/index.php/white-pape Technical Paper : https://www.bankdex.io/wp-content/uploads/2019/05/Technical-Paper.pdf
Bounty0x username : nefsim

https://preview.redd.it/5q4uyxyx5lh31.png?width=250&format=png&auto=webp&s=2285b21f05ff975a71314c70bcbf29f23f21c2a3
submitted by hayrimavi1 to Crypto_General [link] [comments]

About Bankdex

About Bankdex

https://preview.redd.it/mncmn8v8vhe31.jpg?width=1200&format=pjpg&auto=webp&s=b841af25f4c3e0efde7d47ab2db94b432215bcbf
BankDex is a decentralised cryptocurrency exchange built on an innovative and ground-breaking technology that facilitates inter-blockchain transfer of crypto assets. At present, traders are forced to use centralised exchanges where traders share their control on the assets which creates a huge risk for them. However, BankDex is the first decentralised exchange that solves the transaction problem of cross-chain transfer between dierent blockchain accounts in a distributed ledger network. On BankDex traders will be able to trade BITCOIN, ETHEREUM, AND other ERC20 TOKENS.

BankDex solves the challenges for both types of exchanges by:

1.Connecting the different blockchains in a distributed manner
2.Enables both Cross-chain and intra-chain transactions
3.Integrates with any public, private or consortium chain
4.Enables high token exchange privacy
5.Supports low cost transactions
BankDex architecture
How will we reach these goals? BankDex is built on a peer to peer architecture without the involvement from any third party APIs as the latter ones are the points of failure9 10. The underlying technology is a high-speed, fully decentralized and public blockchain platform that possesses Turing complete, autonomous Smart Contracts.
BankDex protocol
BankDex overcomes the scalability limits of current blockchain systems with the BankDex protocol that balances the trade-off between throughput and latencies. Thereby, enables the secure validation and confirmation of initial transactions in seconds, in place of minutes or even hours as in regular blockchain transactions. BankDex provides more than million transactions per second and data transaction per 0.1 seconds — 1000 times faster than other decentralized exchanges. New decision consensus algorithm is based on secure data processing and multiple validation.
BankDex smart contracts
The BankDex platform consists of fraud-proof & completely automated smart contracts with powerful business logic. They allow multiple transactions or order matching from multiple users at the same time at a fast rate. Smart contracts are responsible for: the assets storage and trade settlements execution; arbitrage for processing and keeping track of the transaction; wallet to wallet transactions. These contracts ensure easy methods for the creation and exchange of tokens, increasing their tradability and liquidity.
Multi-currency E-Wallet
Multi-currency E-Wallet to support all kind of hardware and software wallets with no need to install various wallets on devices. Just one single BankDex secure wallet to store and transfer lots of cryptocurrencies. Multiple currency wallet facility enables the national currency transfer through compliant gateway operators.
This is truly a breakthrough achievement. Not only DEX don’t support fiat. There are only several large CEX that do support the conversion to fiat: Coinbase, Gemini, Kraken, Coinmama, Bitstamp11. Credit/debit cards, as well as bank transfers, are the two most popular payment means on these platforms12. Others exchanges force traders to buy BTC/ETH from a ‘gateway’ exchange before transferring it to the crypto exchange to trade with. This process takes time as well incurring a fee for the transfer.
BankDex Gateways
Gateways to allow trading crypto and fiat currencies as long as they are on the BankDex platform. In the initial phase of development, BankDex users could trade US DollaEuro along with other 50 cryptocurrency tokens. BankDex provides scalability with the provision to trade more than 500 coins in the future.
BankDex Interface
Intuitive one-stop-shop interface to buy, sell, exchange cryptocurrencies and fiat. Our team involved experienced graphic designers and did the best to set up a very user-friendly environment for all users. A wide range of main languages of the world is supported. As a result, all people interested in crypto trading can enter the exchange and easily carry out their business activities without any hitch.
https://preview.redd.it/pvu8lx8ivhe31.jpg?width=1016&format=pjpg&auto=webp&s=83b01d8edb4672ae9330f888436bf347370e5cac
Other benefits & solutions
  • Near-feeless transactions and Simulator Exchange
BankDex includes simulator exchange that helps to improve trading without risking real money.
BankDex allows free trading, without any fees for the first 90 days. After the period, it imposes a nominal fee of 0.003USD.
  • Free Cancellation
Make and cancel all types of trade orders freely without penalties.
  • Unlimited withdrawals
There is no limit to number of times or amount withdrawn.
  • No KYC procedure
Maintain your privacy, no need for identity confirmation, truely decentralized.
  • Account recovery
In case of a lost account, BankDex has the built-in provision, so users can recover their account.
  • Full Transparency
All the details of transactions are stored visible to everyone on the blockchain. BankDex Platform uses DAG that makes it impossible to tamper with trading transaction history.
  • Margin trading
BankDex enables margin trading for its users with the help of a protocol that provides the facility through smart contracts
Website: https://www.bankdex.io/
Whitepaper: https://www.bankdex.io/wp-content/uploads/2019/06/WHITEPAPER.pdf
Bounty0x ID: sakaleyn
submitted by ceydakaraelma to ico [link] [comments]

ENJOY SMART TRADING ON BANKDEX EXCHANGE

Apart from eliminating a third party or middleman, BankDex smart contracts impart several novel features to the decentralized exchange. From trust less execution of a trade to the inclusion of new trading facilities, the contracts lay the platform for a unique exchange.
The exchange ensures secure trading with the help of smart contracts. The contracts insulate the exchange from hacker attacks and eliminate ICO scams by conducting the KYC process on every token before it is traded on the exchange.
The exchange ensures seamless wallet integration letting users transfer coins directly from their hardware wallets to the blockchain and smart contracts. The wallets allow crypto-asset enabled fund transfer from one user to the other.
The exchange enables peer to peer trade without any involvement of the third party with the help of smart contracts and a host of other reliable Blockchain protocols. This ensures faster trade as it is carried out directly between traders without having to wait for the approval of an admin.
*.Complete control over funds
All the transactions in BankDex are carried out using smart contracts that can be generated only with the help of the user’s private key. This enables the user to have complete control over their own funds.
The exchange ensures faster and cheaper transactions without placing a limit on the withdrawal of funds. BankDex supports a wide range of crypto and fiat currencies. It allows trade in national currencies as well, with the help of compliant gateways.
BankDex offers diverse options for trading such as margin trading with the help of smart contracts and blockchain protocols.
BANKDEX EXCHANGE
submitted by tcode58 to BankdexICO [link] [comments]

About The BankDex

About The BankDex
New projects are being implemented every day. While the updates in the blockchain technology contribute to the crypto world, these innovations bring approaches that increase productivity and security. With all of this, it will still take some time for the desired developments in the cryptocurrency world to come to life.
Because the market is very fragile, cryptocurrency platforms are not very useful, because of the uncertainty in prices, people still do not trust the cryptocurrency.
Not only does technology continue to offer innovations to our lives every day, but thanks to the revolutionary advances it has brought, incredible progress has been made in the financial sector and in the labor market. With the help of the blockchain technology that emerged in the light of these developments, the cryptocurrencies we have faced have changed our perspective towards the investment and banking system.
Meanwhile, the need for a revolutionary platform has been greater than ever. New projects can sometimes not have strong growth. The reasons for this are the lack of a target audience and the lack of adequate marketing. For a project to be successful, a strong team and a large audience behind it is very important for the project.

https://preview.redd.it/9lkqpb95cw931.jpg?width=1200&format=pjpg&auto=webp&s=b05fdda46965e7970936bed30c9fe0bf5e5ee1a4

The major feature of this exchange is that it is not one of the decentralized stock exchanges like some large stock exchanges. Decentralized exchanges contain high security. In these exchanges, each user has control of their own funds. As we all know, familiar exchanges demand high fees to list. The most important feature of the platform is that it lists the projects it believes and trusts on their stock exchanges without any charge. At the same time, the BsnkDEX exchange will provide its users with a variety of bonuses in their transactions.

Multi-currency E-Wallet
Multi-currency E-Wallet to support all kinds of hardware and software wallets with no need to install various wallets on devices. Just one single BankDex secure wallet to store and transfer lots of cryptocurrencies. Multiple currency wallet facilities enable the national currency transfer through compliant gateway operators.
This is truly a breakthrough achievement. Not only DEX doesn’t support fiat. There are only several large CEX that do support the conversion to fiat: Coinbase, Gemini, Kraken, Coinmama, Bitstamp11. Credit/debit cards, as well as bank transfers, are the two most popular payment means on these platforms12. Other exchanges force traders to buy BTC/ETH from a ‘gateway’ exchange before transferring it to the crypto exchange to trade with. This process takes time as well as incurring a fee for the transfer.

BankDex Gateways
Gateways to allow trading crypto and fiat currencies as long as they are on the BankDex platform. In the initial phase of development, BankDex users could trade the US DollaEuro along with other 50 cryptocurrency tokens. BankDex provides scalability with the provision to trade more than 500 coins in the future.

BankDex Interface
Intuitive one-stop-shop interface to buy, sell, exchange cryptocurrencies and fiat. They the team involved experienced graphic designers and did the best to set up a very user-friendly environment for all users. A wide range of main languages of the world is supported. As a result, all people interested in crypto trading can enter the exchange and easily carry out their business activities without any hitch.

Benefits & Solutions
  • Near-feeless transactions and Simulator Exchange
BankDex includes a simulator exchange that helps to improve trading without risking real money.
BankDex allows free trading, without any fees for the first 90 days. After the period, it imposes a nominal fee of 0.003USD.
  • Free Cancellation Make and cancel all types of trade orders freely without penalties.
  • Unlimited withdrawals There is no limit to the number of times or amount withdrawn.
  • No KYC procedure Maintain our privacy, no need for identity confirmation, truly decentralized.
  • Account recovery In case of a lost account, BankDex has the built-in provision, so users can recover their account.
  • Full Transparency All the details of transactions are stored visible to everyone on the blockchain. BankDex Platform uses DAG that makes it impossible to tamper with trading transaction history.
  • Margin trading BankDex enables margin trading for its users with the help of a protocol that provides the facility through smart contracts

Links:
Official Site: www.bankdex.io
Facebook : https://www.facebook.com/bankdex.io
Twitter : https://twitter.com/bank_dex
Whitepaper : https://www.bankdex.io/wp-content/uploads/2019/06/WHITEPAPER.pdf
Telegram: https://t.me/bankdex
Medium : https://medium.com/@bank_dex
Linkedin : https://www.linkedin.com/organization/18708308
Github: https://github.com/bankdex

Author: Arif Çakır
Bounty0x username: arifcakir13
submitted by bacaran to ICOAnalysis [link] [comments]

About Bankdex

About Bankdex

https://preview.redd.it/c2amtnx1a8631.jpg?width=1200&format=pjpg&auto=webp&s=116620e5fa29717548934ef6cac2bf27d0b0a62e
BankDex is a decentralised cryptocurrency exchange built on an innovative and ground-breaking technology that facilitates inter-blockchain transfer of crypto assets. At present, traders are forced to use centralised exchanges where traders share their control on the assets which creates a huge risk for them. However, BankDex is the first decentralised exchange that solves the transaction problem of cross-chain transfer between dierent blockchain accounts in a distributed ledger network. On BankDex traders will be able to trade BITCOIN, ETHEREUM, AND other ERC20 TOKENS.
BankDex solves the challenges for both types of exchanges by:
1.Connecting the different blockchains in a distributed manner
2.Enables both Cross-chain and intra-chain transactions
3.Integrates with any public, private or consortium chain
4.Enables high token exchange privacy
5.Supports low cost transactions

BankDex architecture
How will we reach these goals? BankDex is built on a peer to peer architecture without the involvement from any third party APIs as the latter ones are the points of failure9 10. The underlying technology is a high-speed, fully decentralized and public blockchain platform that possesses Turing complete, autonomous Smart Contracts.
BankDex protocol
BankDex overcomes the scalability limits of current blockchain systems with the BankDex protocol that balances the trade-off between throughput and latencies. Thereby, enables the secure validation and confirmation of initial transactions in seconds, in place of minutes or even hours as in regular blockchain transactions. BankDex provides more than million transactions per second and data transaction per 0.1 seconds — 1000 times faster than other decentralized exchanges. New decision consensus algorithm is based on secure data processing and multiple validation.
BankDex smart contracts
The BankDex platform consists of fraud-proof & completely automated smart contracts with powerful business logic. They allow multiple transactions or order matching from multiple users at the same time at a fast rate. Smart contracts are responsible for: the assets storage and trade settlements execution; arbitrage for processing and keeping track of the transaction; wallet to wallet transactions. These contracts ensure easy methods for the creation and exchange of tokens, increasing their tradability and liquidity.
Multi-currency E-Wallet
Multi-currency E-Wallet to support all kind of hardware and software wallets with no need to install various wallets on devices. Just one single BankDex secure wallet to store and transfer lots of cryptocurrencies. Multiple currency wallet facility enables the national currency transfer through compliant gateway operators.
This is truly a breakthrough achievement. Not only DEX don’t support fiat. There are only several large CEX that do support the conversion to fiat: Coinbase, Gemini, Kraken, Coinmama, Bitstamp11. Credit/debit cards, as well as bank transfers, are the two most popular payment means on these platforms12. Others exchanges force traders to buy BTC/ETH from a ‘gateway’ exchange before transferring it to the crypto exchange to trade with. This process takes time as well incurring a fee for the transfer.
BankDex Gateways
Gateways to allow trading crypto and fiat currencies as long as they are on the BankDex platform. In the initial phase of development, BankDex users could trade US DollaEuro along with other 50 cryptocurrency tokens. BankDex provides scalability with the provision to trade more than 500 coins in the future.
BankDex Interface
Intuitive one-stop-shop interface to buy, sell, exchange cryptocurrencies and fiat. Our team involved experienced graphic designers and did the best to set up a very user-friendly environment for all users. A wide range of main languages of the world is supported. As a result, all people interested in crypto trading can enter the exchange and easily carry out their business activities without any hitch.

Other benefits & solutions
  • Near-feeless transactions and Simulator Exchange
BankDex includes simulator exchange that helps to improve trading without risking real money.
BankDex allows free trading, without any fees for the first 90 days. After the period, it imposes a nominal fee of 0.003USD.
  • Free Cancellation
Make and cancel all types of trade orders freely without penalties.
  • Unlimited withdrawals
There is no limit to number of times or amount withdrawn.
  • No KYC procedure
Maintain your privacy, no need for identity confirmation, truely decentralized.
  • Account recovery
In case of a lost account, BankDex has the built-in provision, so users can recover their account.
  • Full Transparency
All the details of transactions are stored visible to everyone on the blockchain. BankDex Platform uses DAG that makes it impossible to tamper with trading transaction history.
  • Margin trading
BankDex enables margin trading for its users with the help of a protocol that provides the facility through smart contracts

Website: https://www.bankdex.io/
Whitepaper: https://www.bankdex.io/wp-content/uploads/2019/06/WHITEPAPER.pdf
Bounty0x ID: ecamli
submitted by ecamli to ICOAnalysis [link] [comments]

@barronsonline: The move will let banks invest more easily in venture-capital funds, as well as allowing lenders to reduce margin requirements for derivatives trades. https://t.co/lbmJXjxICp

@barronsonline: The move will let banks invest more easily in venture-capital funds, as well as allowing lenders to reduce margin requirements for derivatives trades. https://t.co/lbmJXjxICp submitted by -en- to newsbotbot [link] [comments]

Trading on BankDex

Apart from eliminating a third party or middleman, BankDex smart contracts impart several novel features to the decentralized exchange. From trust less execution of a trade to the inclusion of new trading facilities, the contracts lay the platform for a unique exchange.
Secure trade with smart contracts
The exchange ensures secure trading with the help of smart contracts. The contracts insulate the exchange from hacker attacks and eliminate ICO scams by conducting the KYC process on every token before it is traded on the exchange.
Seamless wallet integration
The exchange ensures seamless wallet integration letting users transfer coins directly from their hardware wallets to the blockchain and smart contracts. The wallets allow crypto-asset enabled fund transfer from one user to the other.
Peer to peer trade
The exchange enables peer to peer trade without any involvement of the third party with the help of smart contracts and a host of other reliable Blockchain protocols. This ensures faster trade as it is carried out directly between traders without having to wait for the approval of an admin.
Complete control over funds
All the transactions in BankDex are carried out using smart contracts that can be generated only with the help of the user’s private key. This enables the user to have complete control over their own funds.
Unlimited withdrawal of currency
The exchange ensures faster and cheaper transactions without placing a limit on the withdrawal of funds. BankDex supports a wide range of crypto and fiat currencies. It allows trade in national currencies as well, with the help of compliant gateways.
Margin Trading
BankDex offers diverse options for trading such as margin trading with the help of smart contracts and blockchain protocols.
Conclusion
Cryptocurrency exchanges have grown in number over the years. While there were only 70 cryptocurrency exchanges in operation in March 2015, there are about 190 exchanges that offer crypto fiat trading. Moreover, the number of cryptocurrencies available today has increased from 40 to 1273 during the period 2013 to 2018.
Nevertheless, we haven’t been able to converge on a single cryptocurrency exchange that satisfies all the requirements of the trading community. The current market scenario demands an exchange solution that incorporates the best of the present technologies. BankDex is being developed to play that role of a secure trading platform provider.
With an interactive platform, coupled with a seamless network, reinforced by a powerfully built Blockchain, and smart contracts, BankDex aims to be the future of decentralized trading.
For more information visit : https://medium.com/@bankdex.org/announcing-bankdex-with-smart-trading-advantages-8b1305648a90
submitted by Joygalz to BankdexICO [link] [comments]

Should I open up a margin account with my brokerage firm (E*Trade) or should I just outright borrow the money from my bank?

I would like to get back in to doing some investing on my own. I'm looking at some ETFs with a couple that pay dividends, but the primary focus would be for capital appreciation. I would like it to be able to help with purchasing a condo/townhome in Southern California (or at the very least, help with paying HOA dues). I don't anticipate taking on many risky positions (short selling, writing options, futures, etc). What are the pros and cons or what should I consider between whether to borrow from the brokerage or borrow from my bank. Or should I just pick whoever offers the better rate?
submitted by Rollins10 to personalfinance [link] [comments]

Will Bitcoin Margin Trading Help Binance and Coinbase Survive Big Banks Entering Crypto?

Will Bitcoin Margin Trading Help Binance and Coinbase Survive Big Banks Entering Crypto? submitted by leftok to atbitcoin [link] [comments]

Will Bitcoin Margin Trading Help Binance and Coinbase Survive Big Banks Entering Crypto?

Will Bitcoin Margin Trading Help Binance and Coinbase Survive Big Banks Entering Crypto? submitted by ThrillerPodcast to thrillerpodcast [link] [comments]

Will Bitcoin Margin Trading Help Binance and Coinbase Survive Big Banks Entering Crypto?

Will Bitcoin Margin Trading Help Binance and Coinbase Survive Big Banks Entering Crypto? submitted by Ricktap458 to BestBitcoinNews [link] [comments]

Will Bitcoin Margin Trading Help Binance and Coinbase Survive Big Banks Entering Crypto? | NewsBTC

Will Bitcoin Margin Trading Help Binance and Coinbase Survive Big Banks Entering Crypto? | NewsBTC submitted by yogaandpickles to binancemargintrading [link] [comments]

Will Bitcoin Margin Trading Help Binance and Coinbase Survive Big Banks Entering Crypto? - newsBTC

Will Bitcoin Margin Trading Help Binance and Coinbase Survive Big Banks Entering Crypto? - newsBTC submitted by prnewswireadmin to cryptonewswire [link] [comments]

Crypto margin trading op Binance? | Beste Bank – Crypto Kennisbank

Crypto margin trading op Binance? | Beste Bank – Crypto Kennisbank submitted by liberbits to u/liberbits [link] [comments]

Massive Layoffs: Banks Cutting Nearly 60,000 Jobs Worldwide. Negative interest rates, political uncertainty and threats of trade wars on a global level have all played their part in eroding banks’ balance sheets, along with interest rate cuts which further reduce margins.

Massive Layoffs: Banks Cutting Nearly 60,000 Jobs Worldwide. Negative interest rates, political uncertainty and threats of trade wars on a global level have all played their part in eroding banks’ balance sheets, along with interest rate cuts which further reduce margins. submitted by Mike_Fans_Club to CryptoMarkets [link] [comments]

What do banks look at when you try to open a margin account for trading?

Specifically TD Direct Investing. I currently have a cash account with them but I'd like to open a U.S. margin account so I'll have access to the Thinkorswim platform. I'm a 20 y/o male in university with a 705 credit score (Equifax) and 2 years of trading experience.
submitted by asiancury to CanadianInvestor [link] [comments]

What do banks look at when you try to open a margin account for trading?

Specifically TD Direct Investing. I currently have a cash account with them but I'd like to open a U.S. margin account so I'll have access to the Thinkorswim platform. I'm a 20 y/o male in university with a 705 credit score (Equifax) and 2 years of trading experience.
submitted by asiancury to PersonalFinanceCanada [link] [comments]

how much margin required in option plus sell in bank nifty icici direct Understanding Forex Leverage, Margin Requirements & Trade ... Hdfc Bank Margin Trading in Angel Broking  03 July 2020 BTST Trading  Angel Broking Margin Trading through ICICI Direct What is Margin Trading?  Fidelity - YouTube

A margin account is a brokerage account in which the broker lends the customer cash to purchase assets. When trading on margin, gains and losses are magnified. Margin trading has been around for decades and there's a good reason for that. Margin accounts offer flexibility to investors, who use the strategy to take advantage of market opportunities by ... In the Forex world, brokers allow trading of foreign currencies to be done on margin. Margin is basically an act of extending credit for the purposes of trading. For example, if you are trading on a 50 to 1 margin, then for every $1 in your account, you are able to trade $50 in a trade. Margin trading is the act of borrowing funds from a broker with the aim of investing in financial securities Marketable Securities Marketable securities are unrestricted short-term financial instruments that are issued either for equity securities or for debt securities of ... this type of debt is just as binding as the one with banks. 2 ... Frequently Used Terminologies in Margin trading. Some of the most used terms in margin trading are: Margin call – Is a demand by the lender that a trader deposits additional funds or securities (as maintenance margin) to their account as an assurance that they are in a position to pay back the loan.

[index] [255] [91] [296] [546] [189] [44] [112] [146] [126] [578]

how much margin required in option plus sell in bank nifty icici direct

Margin Trading Risk - शेयर मार्केट में नए लोग जरूर देखें। - Duration: 10:09. All Money Mantra 62,209 views 10:09 Understanding forex leverage, margin requirements and sizing trades for successful trading. Have you always wondered what it means to trade on margin? In this video, you’ll learn what margin trading is and if it is a strategy that could help you ach... From a trading or investing perspective how do we use it: 1) Know the interest rate - this depends on LIBOR (or the central bank's interest rate) and the broker you are trading with. That will ... Get more information about IG US by visiting their website: https://www.ig.com/us/future-of-forex Get my trading strategies here: https://www.robbooker.com C...

#