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.
EURBASE is a hybrid EUR based stable coin with anti inflationary features. Partially collateralized by EUR deposits and partially in Bitcoin and other cryptocurrencies. You can change EBASE to EUR and vice versa at any time on ETERBASE exchange with its integrated IBAN accounts. EURBASE falls under the definition of a payment token under the ESMA definition. EURBASE is fully compliant with AMLD5 and GDPR within the code structure.