What is Dex Package?
Counos Dex intends to avoid common frauds at centralized exchanges through offering cryptocurrency trades and fiat money in a peer-to-peer manner. At the decentralized exchange, every user can do his/her trades without transferring money from a central account directly; however, the existence of fake trades caused decentralized exchanges to face numerous problems. Considering the fact that there is no need to pay money to the central accounts of the exchange to make trades, many robots or users address making fake trades at decentralized exchanges to do fraudulent acts in the trades.
Counos has started introducing a new algorithm to prevent making fake trades. The users need providing one of Dex Packages to enter the trades. These packages can be provided appropriate for the financial budget of the trades. But it should be attended that no paid money will be stored as the Counos Dex budget to provide Dex Packages. All the costs of Dex Package are stored as the mechanism to guarantee making real trades, and every user can completely return his/her paid money for Dex Package to his/her account. This mechanism can secure Counos Dex in addition to avoiding fake trades by the users.
- Max Cuncurrent Offers10
- Max offer size up to (Equivalent): $1,000
- Total Account Balance (Equivalent): $30
- Max Cuncurrent Offers20
- Max offer size up to (Equivalent): $100,000
- Total Account Balance (Equivalent): $3,000
- Max Cuncurrent Offers50
- Max offer size up to (Equivalent): $500,000
- Total Account Balance (Equivalent): $15,000