BITCAR Tokens Now Available on Decentralised Exchanges

By: BitCar (published on: )

BITCAR Now Available

Following token distribution this week, BITCAR is now available for purchase on the following decentralised exchanges:

DDEX

User-Friendly decentralized exchange for Ethereum-Based Tokens. Building on top of Ethereum smart contracts and the 0x protocol, DDEX allows users to trade ERC-20 tokens from wallet to wallet.. No uncertainty of deposit/withdrawal lockup periods.

Joyso

JOYSO, the Ethereum based exchange, offers the speed of a centralised platform while providing the security and privacy of a decentrlized exchange.

EtherDelta

EtherDelta is a decentralized Ethereum token exchange, brought to you by Etherboost. Here, users can trade their Ethereum-based tokens.

Blockfolio

Blockfolio offers complete cryptocurrency management, with easy to use tools to keep track of all your cryptocurrency investments. Get detailed price and market information for individual currencies and your entire portfolio all in one place.

What is a Decentralised Exchange?

A decentralized exchange is an exchange market that does not rely on a third party service, to hold the customer’s funds. Instead the trades occur directly between users, peer to peer, through an automated process. This system can be achieved by creating proxy tokens, assets or through a decentralized multi-signature escrow system, among other solutions that are currently being developed.

This system differs with the current centralized model, where users deposit their funds and the exchange issues an IOU that can be freely traded on their platform. When a user asks to withdraw his funds, these are converted back into the cryptocurrency they represent and sent to their owner.

You can read more here.

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