Cloverdex - HYBRID DECENTRALISED EXCHANGE

Hello everyone, dear crypto fans, and today I want to tell you about beautiful and promising Cloverdex and its benefits.



About Cloverdex

Cloverdex will provide a modular hybrid decentralised exchange and secure multi-currency wallet (implementing multi-signature technology) with strong focus on cryptocurrency market analysis and knowledge sharing, user accessibility and friendliness, social trading, and best practice regulatory and legal compliance.

Cloverdex product offering will consist of three elements: an advance cryptocurrency trading platform, a secure multi-currency wallet, and an EFTPOS debit card. All three of these elements combine to provide a unique platform offering forming a one stop shop for all cryptocurrency trading needs. Firstly, the advance cryptocurrency trading platform will allow quick and simple trading of many popular cryptocurrencies allowing trading to/from fiat and between different cryptocurrencies. The platform will focus on usability and user-friendliness, education and knowledge, and regulatory compliance.

Secondly, a secure multi-currency wallet will allow users to store, access, and manage their
cryptocurrencies in one single location. Users will no longer be required to track multiple
wallets across multiple currencies. And thirdly, an EFTPOS debit card allowing users to seamlessly spend their cryptocurrencies (with the best available rates on the market) for day to day purchases across millions of EFTPOS terminals around the world and make online purchases. Instead of being limited to retailers that natively accept cryptocurrencies, users can now make purchases anywhere a normal debit card is accepted.

CLOVERDEX MISSION & PRODUCT VISION
CLOVERDEX mission is to facilitate widespread acceptance and adoption of cryptocurrencies by making it easier and simpler for beginner and advance users to participate in the cryptocurrency
market.CLOVERDEX product will support this mission by offering a singular platform incorporating three main elements: cryptocurrency exchange, secure multi-currency wallet, and an EFTPOS debit card service. CLOVERDEX envisage that this product will become the main hub for both beginner and advance users to trade, share knowledge, and increase day to day use of cryptocurrencies by becoming the bridge that links traditional payment systems and blockchain based assets/currencies.

CRYPTOCURRENCY EXCHANGE
The purpose of the cryptocurrency exchange is to allow trade between fiat currency and
blockchain based assets, and between different types of blockchain based assets. The
exchange will act as the broker between buyers and sellers and arrange transactions between
parties for a small transparent fee.

A key differentiating feature in the Cloverdex exchange will be its focus on ease of use and
friendliness via our 3-step design ethos and its ability to provide timely and relevant news,
information, market analytics and statistics to better educate users and encourage their market
participation. This feature will be further explored in section 3.5.10.

The exchange will offer a large number of cryptocurrencies and alternative coins (altcoins)
including but not limited to Bitcoin, Ethereum, XRP, Bitcoin Cash and more. As the platform
matures and CLOVERDEX begin integrating external exchange trades, users will have seamless access to hundreds more altcoins.

Cloverdex offers department stores for several fiat gateways, hundreds of cryptocurrency, and crypto debit card facilities. Combining the speed and liquidity of centralized exchanges with security provided in decentralized exchanges where users have their private keys. The Cloverdex trading platform will serve both novice users and advanced users through our 3-step ethos. This means that all actions (eg registration, trading) can be completed in 3 steps. Some Fiat installations - up to 10 different fiat pairs at first with more to come

Cloverdex will provide hybrid decentralized modular exchanges and secure multi-currency wallets (implementing multi-signature technology) with a strong focus on cryptocurrency market analysis and knowledge sharing, user accessibility and friendliness, social trade, and best practices in regulatory and legal compliance .

Cloverdex is one of the results of the development of the blockchain technology that has experienced good performance and excellent ideas based on a system that directly opens up opportunities for investors to be more open with symbolic investments. Cloverdex is the most complete investment ecosystem operating on the Block. Being one of the first platform platforms to be generated, this company wants to realize and help investors to worry more about the economic weakness that many are suffering in the world in the concept of mutual assistance as an investment that can be exchanged by registered users in this block chain. Some Important Points of the Cloverdex Platform This will be the moment when most registered investors or potential investors who start their business on this platform will be in business. With the use of blockchain technology, Cloverdex aims at addressing all market needs within the Financial Trading Industry. What really is the market in need of? The main needs of the market are Transparency, Accountability, Trust, Safety, Security and Speed. Cloverdex said to have addressed these mentioned needs by being the first blockchain powered Social Trading and Investment platform. Also Cloverdex offers faster and easier deposit/withdrawal methods especially within developing countries and lastly they have skillfully adapted their services to answer the identified client’s archetypes.


Cloverdex offers department stores for several fiat gateways, hundreds of cryptocurrency, and crypto debit card facilities. Combining the speed and liquidity of centralized exchanges with security provided in decentralized exchanges where users have
their private keys. The Cloverdex trading platform will serve both novice users and advanced users through our 3-step ethos. This means that all actions (eg registration, trading) can be completed in 3 steps. Some Fiat installations - up to 10 different fiat pairs at first with more to come

Cloverdex will provide hybrid decentralized modular exchanges and secure multi-currency wallets (implementing multi-signature technology) with a strong focus on cryptocurrency market analysis and knowledge sharing, user accessibility and friendliness, social trade, and best practices in regulatory and legal compliance .

Since the start of Bitcoin in 2008 in the midst of the global financial crisis, the value and adoption of cryptocurrency has exploded and has thus received great media, political and public attention. But with such increased exposure, there are still many challenges facing adoption and the use of cryptocurrency practically every day beyond what many people consider to be speculative investment.



To overcome this problem, Cloverdex aims to offer a cryptocurrency trading platform for beginner and advanced traders by incorporating innovative crypto economic concepts, technological technical knowledge, and educational concepts. In the end, in addition to dealing with seven problems, Cloverdex focuses on building a strong business model that is economically sustainable that benefits the cryptocurrency community and investors in our vision and mission.

Cloverdex aims to address the following seven problem areas that currently hinder the acceptance and adoption of cryptocurrency; accessibility of funds in the real world, usability, security, liquidity, compliance with regulations and law, education, and transparency.


The cloverdex exchange solution to the aforementioned problems

Cloverdex target to launch a cryptocurrency trading platform for beginner and professional traders with trading tools by incorporating innovative crypto economic concepts , technological knowhow and educational
In continuation, it build a strong business model that is economical sustainable to tackle the above listed problems and benefiting the cryptocurrency community with investors in our vision and mission statement

Cloverdex to tackle seven challenges facing current cryptocurrency exchanges:


  1. Usability – current exchanges involve too many steps and are tailored for advance users or assumes that the user has pre-existing knowledge
  2. Security – cryptocurrency exchanges have been susceptible to hacking and internal fraud because of lack in security focus and funding.
  3. Liquidity – having not enough people trading on an exchange results in greater difficulty to trade, higher asset costs for investors, and difficulty in withdrawing funds in fiat.
  4. Transparency – Hidden trading fees and commission charged results in higher investor cost and lack of trust.
  5. Compliance – customers are hesitant to enter the cryptocurrency market due to perceived uncertainty in regulations and laws.
  6. Education – most exchanges cater to advance traders and lack proper education and easy to use tools for beginner investors.
  7. Accessibility of funds – current solutions to bridge traditional payment infrastructure and blockchain based assets are not seamless and involves high transaction fees either through upfront fees or currency conversion rates, both of which form a disincentive for use.

Token Information : 

CLDX Token

Type ERC20

Price on ICO 0.2100 USD



BONUS

30% bonus for presale

5% to 15% during the crowdsale.

Tokens are available during ICO 80,000,000

payment ETH 

SoftCap  5,000,000 USD

HardCap  15,000,000 USD
























Roadmap
August 2018: Whitepaper, Development of alpha prototype, Development of promotional material (video, website), Community engagement and building

December 2018: Pre-sale, Pre-sale will start mid December 2018. Start Selection and negotiations with payment processor, Intensify Marketing initiative

January 2019: Technical talent procurement, Technical talent and development team formed. Intensify Marketing initiative

February/March 2019: Public crowdsale, Public crowdsale commence, Audit of crowdsale results.

Q1 2019: Beta exchange and wallet launch,Closed  Beta launch early in the year. We plan to be listed on at least two major token exchanges early in the year. Public Beta launch with external exchange trading support and support for more fiat pairs March/April 2019. First major security audit by external service provider.

Q2 2019: Full release, Full public release of Cloverdex exchange and secure multi-currency wallet – includes up to 10 fiat pairs. Debit Card support added and shipped to customers.

Q3 2019: Major enhancement release and internal testing of hybrid decentralised exchange module, Increase number of fiat pairs based on customer demand. Support for over 100+ cryptocurrencies and tokens. We will be conducting a vetting process so to ensure only quality cryptocurrencies/tokens are available on the trading platform. Internal testing of hybrid decentralised exchange module.

Q4 2019: Hybrid Decentralised Exchange migration, Seamless migration of trading platform to a hybrid decentralised model.


More information you can find on these links:

Website || Whitepaper || ANN Thread || Telegram || Twitter || Facebook || Medium || Linkedin


Author: Red devil

Bitcointalk profile: https://bitcointalk.org/index.php?action=profile;u=1862312

Eth address: 0xF07e50bA855AAdB23F425A1Ce636Ecfc26e8a68E

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