There has been a boost in people moving towards cryptocurrency since the concept of Decentralized Exchanges. Investors love to be in control of their affairs and that’s what decentralized exchange had to offer. Users are completely managing their buying and selling of crypto assets.

Traders at decentralized exchanges make decisions on their own and carry out trading at their preferred rates. Obviously, the rates offered in the marketplace will affect your decision-making process but this is the beauty of the trading and investing process.

We have listed below 5 Best Decentralized Exchanges for our audience and outlined their Features and where these seem to lack still. So, let’s get going.

Counos Decentralized Exchange

Counos Decentralized Exchange has become the first choice of many involved in the Crypto Economy. It is a community-based exchange where traders communicate through a peer-peer network. It is a really nice user-friendly decentralized exchange allowing community members to exchange their cryptocurrencies with great ease.

Members can also trade cryptocurrencies through their Fiat money with the support of Counos Escrow. The great thing that can be utilized through this decentralized exchange is the diversity and versatility of markets available. A vast number of Cryptocurrencies and Fiat Currencies are supported at the Counos Platform. This shows us the power of the Counos Platform and it’s emerging Global Presence.

Counos SSO makes sure that an authorized individual is carrying out trade from any account. Users also have the feature of Two-Factor Authentication to maintain the security of the Dex account. Assets that are present in Counos Dex are secure due to the Multi-Sig Wallet Technology kept in operation by Counos.

The registration and trading process is quite simple and safe. Only authenticated users are able to create an account at Counos so we know that currencies exchange are always reliable and secure.

It is not just a platform but a community of crypto asset holders. They regularly engage with each other in cryptocurrency trading activities. No spam profiles are tolerated in this Decentralized Exchange so everyone loves using the Counos Platform.

It is backed by Counos Escrow so payments are held in the platform until both parties are satisfied with the transaction completion. So, if you want to trade with real people, then surely give a try to the Counos Decentralized Exchange. you can learn more...

Buying and Selling Counos | Part 1 – Buying

Buying and Selling Counos | Part 2 – Selling

Bisq

It is a desktop-based Decentralized Software that allows users to engage in peer-peer trading of cryptocurrencies. Since this is open-source so it can be downloaded and accessed by anyone without any incursion of cost. There is no system in place to verify the accounts created through this open-sourced Decentralized Exchange.

The trading can be done through Bisq only when it is installed and running on the user machines. All the personal details are stored locally so the data leakage threats are reduced at a great deal. Users are solely responsible to make their data secure at their own local servers.

Bisq does not come in possession of funds at any stage of the trading. So, the authority and decision power completely lie with the members of how they want to sell or buy. This is a great user-focused platform and trades can be completed within 5-10 minutes.

Switcheo

Switcheo is another wonderful real-time cryptocurrency trading platform focusing on the token exchanges for a variety of markets. Users can connect instantly and carry out their trading operations without much hassle. Users can see all the live rates of cryptocurrencies and decide upon when to trade their tokens.

Graphs shown in Switcheo are really helpful and powerful to determine what has been the trend of pricing and trade over the past 24 hours and weeks. Also, trading can be done in real quick time so users always look out Switcheo when they want some quick token money. These types of platforms have given a great boost to the Token Economy.

Bit2me

Bit2me decentralized exchange comes with no trading fees performed through its platform. It mainly supports the exchange of Etherum and ERC20 Tokens. Multiple cryptocurrencies can be used for trading at this decentralized exchange and have been instrumental in performance reliability.

It does not require any signup or deposits and members can directly complete exchange transactions through their wallets. Basically, it is a wallet to wallet exchange without the involvement of any intermediaries so, liquidity is quite high for the token exchange carried out through Bit2me.

ChangeHero

ChangeHero is a compact solution for quick decentralized cryptocurrency exchange. You can either use their fixed-rate or best rate available at the time of exchange. This platform doesn’t hold back any funds and cryptocurrency is instantly transferred to the wallets.

It takes almost 40 minutes to complete the exchange transaction so this one can be called a reliable decentralized exchange. This platform has a user-friendly registration process and no intense security checkups for the authorization of an account.

The buyer always needs a guarantee that he will get the purchased goods or services. And the seller wants to be sure that the payment will be received on time and in full. So the special type of a secure financial arrangement was created, in which an independent third party acts as a guarantor between two parties from the deal. The Counos Escrow service provides the secure and safe online trades based on cryptocurrency payments.

 
What Is the Counos Escrow Service and How It works?

The Counos escrow service is a special type of financial relationship in which, in addition to the two parties to a deal, an independent third party is involved (escrow agent). 
 
As in Any Escrow Service, There Are 3 Main Roles in Counos Escrow:

1. Seller, who wants to sell goods or services through the escrow service.

2. Buyer is the person, who intends to purchase some goods or/and services offered by the seller.

3. Escrow agent is an independent party admitted to the transaction, which ensures that the contract is executed properly by both the seller and the buyer.

Counos Escrow differs from many existing escrow services because it provides an increased level of security through the MultiSig (Multisignature) wallet technology, which uses the escrow check with 3 private keys. In other words, the goods will be sent to the buyer (or the online services are transferred), and the money will be sent to the seller only after the following condition is met - all three signatures are received: from the buyer, seller and from the escrow agent. This is a completely new level of protected deals provided by unparalleled security of Counos Escrow.

The Main Stages of the Counos Escrow Procedure:

The First Step. The seller and the buyer enter into a contract, using the Counos escrow service. At the same time, they do not necessarily see each other, but they can be sure that the whole process of buying and selling will be held in strict accordance with the requirements of the contract. This will be taken care of by the escrow agent and the Counos escrow system based on the Blockchain technology. At this stage the seller sends the buyer all the necessary goods or provides a list of services specified in the contract. 
 
The Second Step. The buyer’s payment is held by the escrow agent, until he is satisfied that the promised goods or services will be delivered to the destination in full. 
 
The Third Step. As soon as the goods or services are received by the buyer (what he confirms using his private key), the previously frozen payment from the buyer will be sent in full to the seller. If the seller is also satisfied with the completion of the transaction, he confirms this using his private key. All the steps listed above are under the strict control of the independent escrow agent, who also uses his own private key as evidence of satisfaction with all stages of the deal.

 
The Top 3 Reasons Using the Counos Escrow Service:
1. Secure online purchases and sales, thanks to the MultiSig wallet innovative technology and the blockchain-based Escrow system with encryption.

2. Customer (buyer and seller) satisfaction guarantee through the provision of a simple, convenient and secure service for selling or/and buying.

3. One of the most important nuances is that final approval of any transaction requires private keys and confirmations from all parties involved in the 
contract, as well as confirmation from an escrow agent who has access to the deal. 
Want to take full advantage of modern safe escrow deals? Then try Counos Escrow

www.counos.io 

Counos Decentralized Exchange

Counos platform has unveiled its decentralized exchange service in recent weeks. It is some time that the attentions to cryptocurrency decentralized exchanges have dramatically increased. It can be said that the speed of ongoing welcoming of decentralized exchange has been so high that many critics believe that in the foreseeable future, an extensive volume of cryptocurrencies in the world will be conducted through decentralized exchanges. But what is the reason for the high interest of many users in decentralized exchange?

So much new about hacking, illegal measures, and money laundering at centralized exchanges has been so high that they have encouraged the users to apply various methods of cryptocurrency exchange. The volume of stolen cryptocurrencies through centralized exchanges has been estimated more than 1.5 billion dollars. Of course, it does not mean that centralized exchanges are unsafe for the cryptocurrency trades in all cases. The fact is that with the development of security cases and also adopting anti-money laundering policies, the world’s credible centralized exchanges have been successful in maximizing the security level of cryptocurrencies transfers.

All in all, decentralized exchanges donate high advantages to users. At decentralized exchanges, the users can be in touch with the other users directly and transfer their cryptocurrencies to each other’s wallet without transferring to a central wallet. In this transfer method, in addition to removing the cryptocurrency change fees at the centralized exchanges, due to the lack of storing cryptocurrency assets in a centralized wallet, the security level of cryptocurrency exchange significantly increases.

Decentralized exchanges have demerits, such as the limitation in the amount of cryptocurrency change and fake financial trade requests. Counos platform has resolved many of decentralized services through offering a new decentralized exchange.

1.     The Possibility of Changing Fiat Moneys to Cryptocurrencies

In many decentralized exchanges, there is not the possibility of exchanging cryptocurrencies with fiat money or buying cryptocurrencies through them. It causes many problems for the users, since many users are willing to buy cryptocurrencies directly through valid currencies such as U.S. dollar or euro. Counos decentralized exchange has made possible changing cryptocurrencies to fiat money or vice versa for the users.

2.     Supporting Major Cryptocurrencies of the Market

Counos decentralized exchanges supports many credible cryptocurrencies of the market. Cryptocurrencies like Bitcoin, Ethereum, Counos Coin and many other cryptocurrencies have the possibility of being exchanged at Counos decentralized exchange.

3.     No Limitation in Volume and the Number of Trades

At Counos decentralized exchange, the users are able to create the number of sale offers they will. Moreover, the possibility of buying cryptocurrencies is there without any limitation.

4.     Avoiding Making Fake Sale Offers

One of the biggest criticisms at decentralized exchanges has been the existence of fake and unreliable offers. To avoid creating fake sale requests, Counos has created deposit payment algorithm. With this algorithm, the users who create a new sale offer should put 3% of the total amount of their cryptocurrency exchange request as the deposit in a safe shared wallet. It will remove the possibility of making fake sale offers.

5.     Using Escrow Service

Using Escrow service has got the users assured. Via Counos Escrow service two trade parties get engaged in a wallet with three safe private keys concomitant with an agent. The existing assets in the shared wallet will not be unblocked for both parties unless they verify at least two private keys from three ones. Hacking the users’ asset and internet fraud will be avoided using Escrow service.

www.counos.io 

On Saturday, October 5, Counos Coin Network came under a 51 percent attack. Even though Counos Coin has been introduced for a short period of time, it has been able to increase its trade volume to a proper extent. In addition to being introduced in important exchanges like IDAX, Counos Coin has been able to experience a suitable price increase.

The increase in the trade volume and multiplying of the price of Counos Coin in only a matter of months have attracted the attention of users in the economic field of cryptocurrencies. At the same time, this high increase in the price has also enticed the hackers.

Counos Coin announced that it has fully eliminated the 51 percent attack on its network. Eliminating the 51 percent attack on the network of Counos Coin has been accompanied by updating its network nodes and increasing its security coefficient. It seems that the elimination of this attack in only two days will increase the security credibility of this cryptocurrency.

The Blockchain network, with respect to its democratic structure, is prone to the emergence of some issues in its network. In the 51 percent attack on Counos Coin, some reverse transactions entered the network and tried to invalidate it, all of which have been managed by Counos Coin.

Many of the reputable cryptocurrencies like Zencash, Monacoin, Litecoin Cash, and hard forks of Bitcoin like Bitcoin Gold have already been targeted by the 51 percent attack.

Controlling the Counos Coin network and full elimination of the 51 percent attack will guarantee that its increasing price will continue onward. A price that has been able to attract the attention of many economic activists in the field of cryptocurrencies. Having applied the changes in the field of transactions, Counos Coin will also get the users informed about it.

www.counos.io 

Counos Coin; a Cryptocurrency to Develop Economy and Communication

Counos Coin is among those cryptocurrencies that has entered the market with the aim of developing the standards in the world of financial transactions and international payments, and during the time of its presence, it has experienced a good growth and success. The average time of computation for each new block in Counos Coin is 10 minutes. With the help of these cryptocurrencies, users from all over the world can purchase gold and engage in trades and transactions with them. If Counos Coin, which is one of the products of Counos Platform, continues its growth in the crypto market, it will turn into a serious alternative to compete with conventional methods of payment and financial transactions in platforms such as Western Union and PayPal. Cryptocurrencies that work in decentralized platforms like Counos, eliminate a lot of the limitations of the current financial communication systems and are indicative of a new world in which there is no sign of blocking international accounts, blocking money, and such problems. This feature, in addition to the limited number of Counos Coins available in the world greatly decreases the worries about the occurrence of inflation in using of these cryptocurrencies.

Counos Coin Joins IDAX

IDAX is an international digital assets exchange and is considered a platform for trading cryptocurrencies. The aim and purpose of this platform is providing an infrastructure through which transaction and trading services can be offered easily, and users can experience the utmost satisfaction in said process. This global and international exchange, finally announced in September 2019 that Counos Coin will be loaded in order to be offered at IDAX.

As Counos Coin is added to the IDAX cryptocurrency, users will be able to trade Counos Coin with Bitcoin or U.S. dollar. From September 25, 2019, these trades will become possible. IDAX is among the important and reputable exchanges in the world of cryptocurrencies, and as Counos Coin enters this exchange, another step will be taken with respect to the consistency and growth of the crypto market.

Counos Coin Steps Inside the Path of Growth

As it was mentioned before, Counos Coin and in general the Counos Platform has been able to gain a lot of growth during the time of its presence in the world of cryptocurrencies. As such, its presence in IDAX should be considered as another positive sign. Since its being present and offered on the infrastructure of a well-known and reputable exchange can help Counos Coin and its trades to become more well-known. It is not only because of the security and technical standards of Counos Coin that it has gained this importance but also the added value it offers users makes it reliable. This added value is transferred to users via price stability policies. This feature, i.e., the lack of inflation and the presence of stability in the price of Counos Coin makes it into a serious rival for actual currencies.

How Is the Outlook of Counos Coin in IDAX?

IDAX cryptocurrency started its activity in 2017, and during this time it has been able to turn into a safe place for users from all across the world who want to trade and use communication services in the world of cryptocurrencies. The cooperation between Counos and IDAX can put two important players in the world of cryptocurrencies next to each other and offer a powerful team to provide proper services to users. It seems that everything is ready for taking a successful step. Will it be this way?

Counos is an all-in-one financial platform based on Blockchain which started activity in the market of cryptocurrencies through offering a wide range of stablecoins based on credible global currencies such as Counos U, Counos CAD, Counos Cash and Counos E and stablecoins based on precious metals like Counos Gold, and Counos Silver.

A large number of analysts in the field of Blockchain and cryptocurrencies believe that Counos is soon able to change into an important financial platform. Counos coin, one of Counos platform cryptocurrencies, experienced an appropriate volume of trades in the short term of its offering to the exchanges such as Southxchange, but a larger opportunity has been provided.

In April 2011, the price of Bitcoin equaled just one U.S dollar and currently, June 22, 2019, it has the value equal to 9916 dollars. Almost everyone who has limited information about the world of cryptocurrencies has been interested in changing a part of his/her capital to Bitcoin in recent years to benefit from its high value.

However, with the new Counos design, this idea has come into reality. Counos Coin will ultimately mine 21 million coins with a similar algorithm to that of Bitcoin, and in fact, the number of cryptocurrencies is limited like Bitcoin. Presently, more than 16,800,000 of this coin have been mined, and the end of its mining can take more than 400 years.

Through designing the new Counos Platform, more than 15 million Counos Coins will be offered freely to all users who register in this platform and install its wallet and more than one million coins will be supplied for cryptocurrency exchanges to carry best out trades related to this coin.

Through having the ownership of all Counos Coins and offering them publicly, Counos founder has decided to guarantee its future economic growth through forming a totally decentralized financial atmosphere.

Furthermore, according to Counos official notice, every six months, there is a large drawing for all people who have at least one Counos Coin in their wallet and $10,000 will be awarded. Therefore, the same destiny Bitcoin has had might occur for Counos Coin too.

At least with this new design, the recurrence of history will not be far-fetched and probably as HuffPost predicts, Counos, too, will turn into one of the powerful rivals of Paypal and Western Union, and it might be able to increase the people’s assets up to ten times.

On the other hand, currently, only 1000 people own more than 40% of the volume of Bitcoin trades. The idea of Bitcoin being decentralized actually has, to some extent, faded through entering huge capitals in the past years. However, Counos is to consider all people as stakeholders of this group through offering Counos Coin to all users without any middleman.

Big changes will take place in offering Counos Coin, and we should wait and probably expect that public offering of Counos Coin can cause an increase in the value of cryptocurrencies’ market.

Reference: Cintjournal