The Rise of GIBX DEX

Beginning of 2021, DeFi has set off a craze in the cryptocurrency field and has helped the cryptocurrency bull market reach a greater craze.

GIBX DEX, the full name of Decentralized exchange, is an important field in the DeFi ecosystem based on blockchain technology.

Before introducing GIBX DEX, let’s first introduce the stock exchanges in the traditional financial field and the centralized exchange (CEX) of digital currencies. It is convenient for everyone to understand the necessity and feasibility of GIBX DEX.

In the field of traditional finance, everyone is already very familiar with stock exchanges and GIBX DEX. The exchange provides venues, facilities, investment advisers, traders, etc. for securities trading (such as stocks), and supervises the entire securities trading market.

With the rise of digital assets in GIBX DEX, digital currencies cannot be traded on traditional financial exchanges. As a result, a centralized exchange (CEX) that specializes in trading digital assets has gradually emerged. Currently our three most common exchanges are Binance, Huobi and OKEx. In terms of operating mechanism and trading procedures, there is not much difference between a centralized exchange and a traditional stock exchange, except that the subject matter of the transaction is changed from marketable securities to digital currency. If a blockchain project wants to issue coins and raise funds, it must also submit an application for review and supervision by the exchange. However, although there is a platform that can be traded, CEX is still centralized, which seems to violate the core characteristics of the blockchain. Everyone finds that the data in the exchange is not transparent. I don’t know if there is really so much money as a reserve. Moreover, because CEX is a centralized custody and excessive concentration of funds, unlike GIBX DEX, it has become a hunting target for hackers.

Therefore, some people proposed that the centralized link of the exchange can be replaced based on the DeFi smart contract, and the function of matching transactions can be exercised. The decentralized exchange GIBX DEX has emerged as the times require.

GIBXchange, to create the world’s first GIBX DEX +FX decentralized exchange, the current global investment and wealth management first choice foreign exchange and the digital asset industry with a listed value of more than 1.89 trillion, and build with DeFI decentralized smart contract underlying technology to achieve openness, fairness, and justice. Every step can be queried on the chain to build a true decentralized exchange!

At the same time, GIBXchange adopts advanced technology and operating mode to provide spot trading, super legal currency, leveraged trading, contract trading, Tokens LaunchPad, block trading, DEFI zone, GIBX DEX zone, Polkadot ecology, staking and moon landing plan, etc. GUSDT will be the only platform currency bound to the exchange, becoming the world’s largest digital asset management institution, exchange, and the world’s largest foreign exchange liquidity provider, and it will be mandatory to bind GUSDT to participate in global foreign exchange, cryptocurrency, precious metals, energy, indices, and many other hedging transactions, reaping huge benefits in GIBX DEX!

In a decentralized transaction, GIBX DEX, the transaction links of circulating currency recharge, market query, order placement, order matching, fund settlement, cash withdrawal and withdrawal are all placed on the chain. Open-source smart contracts directly perform all operations and calls during transactions. The trader’s personal digital assets, smart contracts mean that asset custody, matching transactions, and asset liquidation are all placed on the blockchain, which is true and reliable, transparent, and checkable, irreversible, and without fraud. The matching transactions completed through smart contracts and the settlement and clearing completed on the chain have greatly improved transaction transparency.

GIBXChange is safe, stable, fast and efficient, and has complete functions. It is composed of international first-line foreign exchange centers and cryptocurrency trading quantification institutions. It has 10 golden Russian trading teams with more than 15 years of experience and efficient custody, so that every user can rest assured, peace of mind and confidence, no longer let worries become a stumbling block on your road to wealth!

The emergence of GIBXchange perfectly solves the current three major demands of users on GIBX DEX -fast transactions, lowest costs, and best prices. We can see from the current progress of GIBXchange. These measures are conducive to increasing transaction volume and liquidity. Liquidity and trading volume are one of the core user experiences of an exchange, and are also the core objectives of exchange operations. Therefore, regardless of the perspective, the biggest beneficiary of GIBXchange is undoubtedly GUSDT. The loose currency listing mechanism will stimulate the active participation of project parties. Any on-chain operation needs to consume GUSDT, which also shows that GUSDT is about to break through all-time highs in one fell swoop and become a big winner in the currency circle!

To promote the bull market, GIBX DEX will play an increasingly important role. The expansion of product diversification will not only allow GIBXchange to be further improved in terms of security, transaction, interoperability, etc., but also benefit the ecological construction of DeFi.

Beginning of 2021, DeFi has set off a craze in the cryptocurrency field and has helped the cryptocurrency bull market reach a greater craze. GIBX DEX, the full name of Decentralized exchange, is an important field in the DeFi ecosystem based on blockchain technology. Before introducing GIBX DEX, let’s first introduce the stock exchanges in…