DerivaDAO (DDX)

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Description

DerivaDAO is a blockchain-based digital asset exchange that makes it easier for traders to participate in the burgeoning world of digital assets. Founded in 2019, the company is a joint venture between blockchain company Blockpass and energy-focused technology incubator Decent. DerivaDAO was founded by a team of experienced blockchain professionals to help build an ecosystem of decentralized asset-backed trading platforms. It’s aimed at helping individuals and companies create their own cryptocurrency exchanges, as well as decentralized platforms for asset-backed trading. The platform was designed to help traders negotiate assets, manage their risk, and diversify portfolios quickly and in a secure environment. What makes DerivaDAO unique is that it’s built on top of the existing blockchain technology and seeks to decentralize the cryptocurrency trading market. Unlike other platforms which have been built on their own proprietary blockchains, DerivaDAO is built on top of the already established Ethereum blockchain. This means it has the benefit of being able to interact with the existing network of developers and users on the Ethereum network. This can open up a host of possibilities and possibilities of tokenization and other crypto-related use cases. DerivaDAO is also focused on democratizing access to crypto markets by providing entry points to various crypto-assets and digital products. This includes its support for integrated trading and market making tools which facilitate a better user experience. In addition to this, DerivaDAO also allows for arbitration modes for disputes between buyers and sellers. DerivaDAO provides users with access to a variety of applications and services that make it easier to manage and trade digital assets. These include the ability to set up secondary markets to trade assets and tokens such as Bitcoin, Ethereum, ERD and others; create tokenized networks for asset management, trading, and market making; and create hybrid asset-backed trading platforms. Users can buy/sell DerivaDAO coins on many of the leading cryptocurrency exchanges. These include Binance, Coinbase, Kraken, Huobi, and others. In addition, DerivaDAO also has a mobile app, which allows users to trade coins on mobile devices. DerivaDAO is making it easier and more secure for traders to participate in the cryptocurrency world. It seeks to make it easier to manage and trade digital assets and take advantage of the benefits of decentralization and blockchain technology. With its array of features and support for multiple asset classes, as well as its secure environment, users can more easily diversify their portfolios and trade more efficiently.