What is DexMex (DEXM) | What is DexMex token | What is DEXM token

DexMex is the first decentralized exchange based on uniswap to offer peer to peer leverage trading. This allows any person to short or long (with leverage) any erc20 token in a decentralized manner. What is DexMex (DEXM) | What is DexMex token | What is DEXM token

About DexMex

DexMex is the first decentralized exchange based on uniswap to offer peer to peer leverage trading. This allows any person to short or long (with leverage) any erc20 token in a decentralized manner.

Infinite flexibility

DexMex allows any token on Uniswap to be long or short by suppressing any centralized limitation.

Peer to peer leverage trading

Anyone can deploy a long or short contract on any token, decentralizing therefore the decision-making operation to the community.

Endless liquidity within the contract

The Value of the short and long positions are determined thanks to a direct ratio between the interest of the shorts and that of the longs, thus allowing the system not to suffer from liquidity problems to reward its users.

Directly funded positions

No need to have a borrowing system for DexMex to work. The rewards are directly determined against the value of the losing positions.

The lowest commissions in decentralized leverage trading

We only have one entry fee set at 0,8%. No hidden commissions and users are not charged over time.

Confidential trading

You can directly trade with a MetaMask wallet. No need to verify your identity or create an account.

What makes DexMex unique ?

First, everyone can trigger a short or long contract on the token of their choice.

Then, DexMex will not need any borrowed liquidity to reward its users. Indeed, it is a peer to peer platform, that is to say that the losing positions automatically and continuously reward the winning positions.

To trade on DexMex you just need to connect your wallet (metamask).

What about the DexMex token ?

Governance

The DexMex token will be used to govern and make decisions on the development of the platform in a decentralized manner

Revenue

0.4% of all volume made on the platform will go to people who stake DexMex. Stakers earn commissions directly in ETH.

0.2% will be used to buy back DexMex and then burn the tokens purchased.

0.2% will be added to the treasury, which will be governed by the community.

Powering DexMex

The DexMex token is used for various aspects__Governance

DexMex users have complete control over the protocol. DexMex holders will manage the treasury fund and internal aspects of the platform such as fees taken or upgrading the protocol.

Stake DexMex and earn directly Eth

DexMex holders will be able to earn 0,4% commissions of all the trades in the platform by staking their tokens. They will earn fees directly in Ethereum.

Fees are used to buy back DexMex

0,2% of the total fees on the platform will be used to buy back DexMex.

Tokenomics

Token Ticker - DEXM Total Token Supply: 50,000,000 DEXM Seed Sale 0,0000166666 ETH per Token: 6,000,000 DEXM Pre Sale 0,0000210526 ETH per Token: 19,000,000 DEXM Initial Uniswap Listing 0,000025 ETH per Token: 10,000,000 DEXM Team and development: 10,000,000 DEXM Marketing, exchange listings, partnerships: 2,500,000 DEXM

How and Where to Buy DexMex (DEXM) – An Easy Step by Step Guide

What makes DexMex unique ?

First, everyone can trigger a short or long contract on the token of their choice.

Then, DexMex will not need any borrowed liquidity to reward its users. Indeed, it is a peer to peer platform, that is to say that the losing positions automatically and continuously reward the winning positions.

To trade on DexMex you just need to connect your wallet (metamask).

What about the DexMex token ?

Governance

The DexMex token will be used to govern and make decisions on the development of the platform in a decentralized manner

Revenue

0.4% of all volume made on the platform will go to people who stake DexMex. Stakers earn commissions directly in ETH.

0.2% will be used to buy back DexMex and then burn the tokens purchased.

0.2% will be added to the treasury, which will be governed by the community.

Currently, DEXM is being ranked 2471 on Coinmarketcap and has recently surged a hefty 35.43% at the time of writing.

DEXM has been listed on a number of crypto exchanges, unlike other main cryptocurrencies, it cannot be directly purchased with fiats money. However, You can still easily buy this coin by first buying Bitcoin from any large exchanges and then transfer to the exchange that offers to trade this coin, in this guide article we will walk you through in detail the steps to buy DEXM.

Step 1: Register on Coinbase

You will have to first buy one of the major cryptocurrencies, usually either Bitcoin (BTC) or Ethereum (ETH). We will use Coinbase here as it is one of the largest crypto exchanges that accept fiat deposits. Use the link below to register at Coinbase and you will receive a free amount of $10 worth of BTC after buying $100 worth of cryptos.

SIGN UP COINBASE & GET $10!

Show Details Steps ▾

Step 2: Buy coins with fiat money

Once you finished the KYC process. You will be asked to add a payment method. Here you can either choose to provide a credit/debit card or use a bank transfer. You will be charged higher fees when using cards but you will also make an instant purchase. While a bank transfer will be cheaper but slower, depending on the country of your residence, some countries will offer instant cash deposit with low fees, such as iDeal in some European countries.

Now you are all set, click the 'Trade' button at the top left, choose the coin you want to buy and confirm your transaction...and congrats! You've just made your first crypto purchase.

Step 3: Transfer your cryptos to an Altcoin Exchange

But we are not done yet, since DEXM is an altcoin we need to transfer our coins to an exchange that DEXM can be traded. Below is a list of exchanges that offers to trade DEXM in various market pairs, head to their websites and register for an account.

Once finished you will then need to make a BTC/ETH/USDT deposit to the exchange from coinbase depending on the available market pairs. After the deposit is confirmed you may then purchase DEXM from the exchange view.

Uniswap (V2)

DEXM/WETH

Apart from the exchange(s) above, there are a few popular crypto exchanges where they have decent daily trading volumes and a huge user base. This will ensure you will be able to sell your coins at any time and the fees will usually be lower. It is suggested that you also register on these exchanges since once DEXM gets listed there it will attract a large amount of trading volumes from the users there, that means you will be having some great trading opportunities!

Gate.io

Gate.io is an American cryptocurrency exchange that launched 2017. As the exchange is American, US-investors can of course trade here and we recommend US traders to sign up on this exchange. The exchange is available both in English and Chinese (the latter being very helpful for Chinese investors). Gate.io’s main selling factor is their wide selection of trading pairs. You can find most of the new altcoins here. Gate.io also demonstrates an impressive trading volume. It is almost every day one of the top 20 exchanges with the highest trading volume. The trading volume amounts to approx. USD 100 million on a daily basis. The top 10 trading pairs on Gate.io in terms of trading volume usually have USDT (Tether) as one part of the pair. So, to summarize the foregoing, Gate.io’s vast number of trading pairs and its extraordinary liquidity are both very impressive aspects of this exchange.

SIGN UP ON GATE.IO

Binance

Binance is a popular cryptocurrency exchange which was started in China but then moved their headquarters to the crypto-friendly Island of Malta in the EU. Binance is popular for its crypto to crypto exchange services. Binance exploded onto the scene in the mania of 2017 and has since gone on to become the top crypto exchange in the world. Unfortunately, Binance does not allow US investors so we recommend you to sign up on other exchanges we recommend on this page.

SIGN UP ON BINANCE

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