Get to know DIFX Exchange, Another Cross Asset Trading Platform

ABOUT DIFX:
DIFX is the first comprehensive ecosystem with the unique advantage of hosting major trading verticals in one unified offering packed. It aims to create a safe working model and a hybrid of centralized & decentralized exchanges that incorporate atomic exchanges.

Mission & Vision of DIFX

DIFX’s mission is to create a hybrid working model of a centralized and decentralized exchange that combines atomic exchanges with the power of Blockchain technology
We aim to provide a platform for both beginner and advanced traders, investors and institutions with a user-friendly interface that combines the best practices of Decentralized and Centralized trading.
We want to create a new financial order, in which Digital Currency is used for direct settlement between payer and recipient. Our platform will help millions of unbanked individuals use digital currency because of its simplicity of use.
We will leverage blockchain technology to make money transfer services accessible and to add value to our customers for profitable use of digital assets.
We will reduce turnaround times and provide efficiency when exchanging along with immutable ledger records and a high-security transaction network.

DIFX Exchange Solution:
User Friendly Interface Every trader / customer, regardless of their level of expertise and trading experience across various asset classes, will find using the highly intuitive and extremely user-friendly DIFX a true pleasure crossing cross-class trading assets under one window . DIFX provides one account with easy access to the most advanced artificial intelligence (AI) based asset management tools. Along with support features, DIFX also has easy-to-follow explanatory videos for all basic functions (such as depositing, withdrawing, placing orders, etc.) to help users become familiar with the exchange.

Dedicated Support with AI-based Query Resolution Bots:
DIFX will have an automated query bot and an artificial intelligence (AI) query resolution system. This will automatically ensure that every ticket submitted will be answered instantly, except for certain cases that require human intervention. This solution provided by DIFX is staked to be a annoying game changer and will go a long way in satisfying the client’s feedback system. We will also embed an algorithm that can modify high priority queries, which will then be sent for immediate repair. The system will automatically engage the option of jumping out of queue to facilitate response to high priority tickets. The root of this high priority aging system is to ensure that there are no lag times in sending / withdrawing funds, acknowledging deposits and trading. Dedicated
Cloud Servers:
We have dedicated cloud servers in different locations to ensure lightning-fast responses, no redundancy, low latency tickers and no lags in order execution. This will literally eliminate slippage and impact the cost of large trade orders. Since the cloud server enables access speed, DIFX will not have the tough task of matching speed with execution.

Why is DIFX annoying?
The DIFX team believes that the investment process should be more democratic and accessible to the majority of people who wish to increase their funds. Investors who have crypto currencies in their asset portfolios do not have the opportunity to trade on the world financial markets by investing in conventional asset classes World famous company stocks, Indices, Commodities and forex, etc. DIFX will have several special types of tokens that will suit one or another type of traditional asset. Such an exchange of assets will occur in the same way as trading cryptocurrencies on any exchange. The following are the variants that can be traded across various asset classes contained in the decentralized platform created by DIFX:

Over the next three years, we are poised to become the leading digital operator of a centralized multidisciplinary and decentralized yet regulated exchange platform, listing places for foreign exchange pairs, stocks, commodities and cryptocurrencies. We intend to be a data service provider for commodities and cryptocurrencies

Additional DIFX Features:
• Encrypt tracks using the latest tools such as VPN, SSH, and 256-bit AES encryption. • Individual verification of important details to avoid identity theft and other forms of fraud.
• AES encryption prevention: Advanced encryption algorithm that decrypts encrypted confidential data.
• Anti-CSRF Token: CSRF is Cross Site Request Forgery, which is a type of attack in which a malicious actor performs unwanted actions on a trusted site.
• Email ID encryption: Prevent hackers from decrypting / editing our email addresses using our database.
• Device based tracking (IP Address, MAC Address / Mobile Device ID, User) and IP based admin panel login.
• Implementation of hidden mail system to let exchanges know the current login credentials for admin panel, in case hackers change them internally or externally.
• The database maintains a log of admin login patterns and incorrect login attempts.
• Auto logout and re-login for admin to protect against attempted hacks on ongoing sessions.
• We are constantly looking for the latest techniques to strengthen our safety measures and service security features. We have a development board where our team is constantly assessing new features and algorithms that can improve the security and performance of all components of our exchange.

DIFX Token and Features:
• DIFX Token is a utility token created on the ERC20 Ethereum blockchain. Utility tokens are tokens that are meant to provide digital access to applications or services via a blockchain-based infrastructure. DIFX allows instant transfers while providing special values and discounts to DIFX users. Its main features include:
• ERC-20 based tokens used in the DIFX Ecosystem
• Future plans to build a native blockchain platform
• It will support future DIFX products and services • Faster
transaction times
• Faster payment settlement

Exchange Workflow:
Below is the DIFX Exchange Platform workflow pattern:
• Public and secret keys will only be stored in the wallet.
• An Electron based application, web based application, or Mobile application will be provided to the user who will use the customer key for authentication.
• In the next stage, the Ledger Nano S Wallet can also make transactions.
• All trading and wallet related functions will be carried out using the exchange’s User interface, which will be hosted on the website as well for Ledger Nano S users and browser extension users.

Benefits of the DIFX Platform for Users:
Users of the DIFX platform will benefit greatly from several features of the platform. This includes but is not limited to:
• Cross asset trading
• Biometric security
• Multiple licenses in multiple jurisdictions
• High security wallets
• iOS and Android apps
• Prepaid brokerage
plans
• Airdrops • Markdown services
• Interest rates and overnight bets
• Discounts on use of the DIFX token

Tokenomics:
• Symbol: DIFX
• Total supply: 550 Million Tokens
• Soft Cap: USD 13.2 Million
• Hard Cap: USD 50.94 Million
• Acceptable payment options: BTC, ETH, USDT
• Acceptable payment gateways: we are in discussion with some players, and this will be updated in the whitepaper as soon as it is done (we do wire transfers)

DIFX TOKEN:

Currently DIFX is an erc20 compatible token created on the Etheruem blockchain. It serves several utility functions in the DIFX Ecosystem. This will serve as fuel for the DIFX Blockchain when the platform has been fully developed with its own blockchain. This will empower future DIFX products and services and will serve as a settlement for payments.

Token DIFX

The DIFX token is a utility token created on the ERC20 Ethereum blockchain. Utility tokens are tokens that are meant to provide digital access to applications or services via a blockchain-based infrastructure. DIFX allows instant transfers while providing special values and discounts to DIFX users. Its main features include:

ERC-20 based tokens are used in the DIFX Ecosystem
Future plans to build a native blockchain platform
This will empower DIFX’s future services and products
Faster transaction times
Faster payment completion

Tokenomics

Symbol: DIFX
Total supply: 550 Million Tokens
Soft Cap: IDR 13,2 Million
Hard Cap: IDR 50,94 million
Acceptable payment options: BTC, ETH, USDT

DETAIL TOKEN

DIFX also has a competent team led by Jeetu Kataria who is the Founding Director and Head of Operations. Her experience in Financial Markets, Investment Banking and Funds Management will help catalyze the contributions of the other seven members who make up the core team.

In addition to the direct roles of core team members, DIFX will also receive substantial support from an Advisory Board comprising industry leaders in the finance and technology ecosystem. The platform’s advisory board currently consists of 8 team members including but not limited to Mohammed Abdulrahman Aljallaf, an independent Director with over 16 years of experience at Emirates Bank, and Dr. Naser Muhyealdeen, an experienced legal figure who is currently the Chief Executive Officer at the Global Investment Group.

Conclusion

The DIFX ecosystem is under development and is subject to significant changes and corrections in terms of technical operations until the platform development is fully completed. The effectiveness of developing the DIFX ecosystem is very much dependent on the number of DIFX tokens sold. Poor token sales results can result in a shortage of the resource base required for the full development of the ecosystem. If the project team does not collect the amount required for product development (soft cap), all funds raised will be returned to the investor, minus the commission for the transaction.