DAEX is a clearing solution for centralized cryptocurrency trading exchanges. Its clearing service is based on distributed ledger technology. Clearing and settlement rules are preprogrammed into clearing smart contracts on the DAEX clearing chain. The clearing process is automatic without people’s interference. The objectivity of clearing is guaranteed by the consensus mechanism on the clearing chain. Also, customers’ digital assets are registered and stored on the DAEX’s clearing chain. No other institutions or individuals can access these assets without the owner’s permission.
Our solution is a next generation cryptocurrency trading platform, introducing Dynamic Trading Rights (DTR) to revolutionise the current trading environment by providing a trustworthy, transparent, safe, and reliable place to exchange ERC20 tokens and other cryptocurrencies that are foreseen to evolve in the future.