Diamond Commodity Exchange CEDEX is Now Listed On Coinbene

London, United Kingdom / November 28th 2018 / Disruptive diamond trading platform, CEDEX is live on one of the leading cryptocurrency exchanges, Coinbene.

The CEDEX exchange which focuses on redefining the way and manner of operations within the global diamond marketplace is leveraging blockchain and machine learning technologies to achieve its goals.

 

Making The Diamond Market Transparent

Having existed as an exclusive market over the years, the activities of CEDEX is aimed at opening up the global diamond market. This innovation will transform diamonds into a new financial asset class, allows people to liquidate and trade in diamonds across the globe.

Until now, the diamond market has been operated in an opaque environment and surrounded with extreme exclusivity. This situation has obviously subdued the potential of the commodity and hindered it from assuming the position of a viable financial asset class.

All this is about to change with the introduction of the first transparent diamond exchange, CEDEX. The exchange incorporates blockchain technology and a unique machine learning algorithm that rates diamonds by their real market value.

The CEDEX exchange will create a two-sided market that takes advantage of those changes by bringing together diamond dealers and private diamond holders on the supply side with commodity traders and cryptocurrency holders on the demand side.

 

A Rallying Point For Digital Assets

Based in Singapore, one of the world’s blockchain-friendly nations, Coinbene has established itself as one of the world’s largest crypto exchanges. The exchange is popular for its wide range of assets, which gives users an opportunity to perform most of their trading tasks without switching platforms.

Listing on a major exchange usually signifies advanced steps for projects in today’s blockchain ecosystem. This move automatically opens up the opportunity for expansion, and coin accessibility. It also affords the participants in the blockchain community an adoption gateway to benefit from the provisions of the CEDEX project.

 

A Market In Desperate Need Of Scaling

The current B2B diamond trade market is valued at ~ $60 billion USD a year, of which  $20 billion USD is the amount spent by consumers on merchandise purchases. Only 5% or $1 billion of this $20 billion market is used for investment purposes. This large discrepancy is the result of a lack of pricing transparency, liquidity, and standardization.

By introducing a transparent, liquid and standardized platform which is made available to all on a globalized exchange, the diamond market is set to scale significantly. The CEDEX technology will permit decentralized diamond rating and enable investors at all levels to trade the commodity with no requirement of prior diamond knowledge.

If we use gold as a model, we’ll see that the global market is valued at about $700 billion, with nearly 80% or $550 billion used for investment purposes. If the same figures would be applied to the diamond market, we would see the market has a true potential of $350 billion.

Blockchain remains a disruptive technology that is affording humankind the opportunity to find better ways of executing existing processes. Despite the reluctance in some quarters over innovations that would breakdown certain monopolies and control, the benefits of the technology are clear to be seen.

By listing on a leading exchange, CEDEX takes the leap to venture into the mainstream and effect the much needed change in the age long diamond market that desperately seeks a new lease of life.

Saar Levi, CEDEX CEO says: “After launching the CEDEX platform this week, we are thrilled to have the CEDEX Coin listed on a major exchange like CoinBene. This is another step in the CEDEX evolution towards creating a new diamond financial market”

 

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Would You Like To Help Promote Cryptocurrency to The Public?

Now’s your chance to help increase awareness and adoption of cryptocurrency and help promote crypto to the world!

The bitGuru cryptocurrency marketing campaign is ‘an ambitious project’ aiming to raise funds from fellow cryptocurrency investors in order to fund the campaign. Anything is considered and the dedicated subreddit (r/promotecrypto) will be used to decide which projects the funds go toward making a reality.

How it works:

Every month, users post creative marketing ideas into the subreddit. (Go ahead and post your idea!)

The most upvoted ideas at the end of the month are then priced up, and the funds raised will be used to pay to make the idea happen! The aim is to do the top 3, but of course it all depends how much is raised each month.

We will be accepting all cryptocurrency as well as fiat currencies via PayPal for donations. The fundraising campaign will be completely transparent with all amounts raised posted to the campaign home page on bitGuru and in the subreddit.

Please note that 100% of the funds raised will be used for the marketing campaign! We’re not doing this to make money, we’re doing it for the benefit of the crypto world! We won’t even be taking a wage from the time spent organising the marketing, everything is going direct to the cause. 

Every little helps. Please donate $1 and let’s get the campaign off the ground. Don’t forget to post your idea in r/promotecrypto and upvote the ones you’d like to see become a reality.

Bitcoin (BTC): 1acdwDtq2MnASvBn6Vzpt5MZgd1xrVR22

NEO: bitguru.neo

Ethereum (ETH): 0x912de92fe3a23a72673a0d030fb47975bd4d3ceb

Litecoin (LTC): LhBq7hv23DpWGgqTqRMrLsZiqd6rFRYb5d

Dash (DASH): XyMjj39YnJtcCQJECJzfy4BRvkH6Faqrdj

Dogecoin (Doge): DRo62ruzHVn8eA2Zcb3EbmForhETTU4mFA

Bitcoin Cash (BCH): 1MpQ8BymSw3jztKFf6p7fdP3KrRJQ5TYNM

Basic Attention Token (BAT): 0x912de92fe3a23a72673a0d030fb47975bd4d3ceb

Monaco (MCO): 0x912de92fe3a23a72673a0d030fb47975bd4d3ceb

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Introducing the Cryptocurrency Exchange EtherMium

Recently, people began to focus more on their anonymity, with regard to which an increasing number of decentralized services appear in the cryptocurrency space, designed to meet the needs of the community. One of them is the cryptocurrency decentralized exchange EtherMium, which differs significantly from its competitors, due to an increased level of anonymity and a variety of trading tools.

About EtherMium

The project aims to achieve the desired goals due to the increased level of privacy: working with EtherMium, the system does not need to register users.

Today, EtherMium supports more than 1,100 ERC20 tokens available for trading. Everyone can start trading on the platform in just a few clicks, all they need is to create a new wallet or integrate one. The operations are executed on the basis of smart-contracts, so each user can rest assured of the platform integrity and their funds safety.

According to EtherMium representatives, this is the future of cryptocurrency trading, when you don’t have to trust the third party or to worry about losing your tokens due to server failure, lost credentials or other negligence.

Derivatives And Other Trading Tools

Derivatives trading solution will be implemented on the platform any day now. This option will open the door for institutional investors to cryptocurrencies, including BTC, LTC, XRP, and others. The next step is to add support for traditional financial instruments (stocks, commodities, and indices).

EtherMium will provide users with an opportunity to participate in ICO. Additional launch data is expected in the near future. The company intends to offer the service as small investors, access to which is often closed to the procedure for participation in ICO, accepting only apps from accredited and institutional investors for participation and has an ICO directory and a crowdsale page at the closed beta.

More recently, EtherMium has added a trading solution to its platform that no other platform supports. Each user access the products that are unique to DEX, such as Market and Stop-Limit orders. Using these types of orders, traders will be able to close positions and make profitable deals. All you need to do is to register the terms of the transaction, and then wait for its execution. It is worth noting this is the first DEX offering such solutions in the sphere of decentralized trading. Against the background of the existing trading software, EtnerMium is the best solution for traders offering the opportunity to conduct transactions as conveniently as possible using a friendly interface and a wide functional of the platform.

Why Is EtherMium Needful?

The safety and privacy of users is a priority team behind the project. Everyone can easily take advantage of this service to make profits from the promising cryptocurrency market.

All operations are based on Ethereum smart-contracts, thanks to which, the user takes a deal without intermediaries and third parties.

Smart-contracts has the advantage to protect their users from:

• possible hacker attacks;
• government pressure;
• freezing or confiscation of funds;
• theft of funds directly by the owners of the trading platform.

EtherMium Features

The team behind EtherMium is largely focused on users opinions and this may be our competitive advantage over other cryptocurrency exchanges. There are several fully functioning decentralized exchanges in cryptocurrency sphere, but, as a rule, the trading volume is rather low for a number of reasons, and EtherMium wants to improve the situation. The mechanism of our DEX operation is based on the feedback from traders about every decision we have made. So, there is not only KYC, but also elementary registration on the platform. This not only increases the level of anonymity but also saves your valuable time.

Trading can be started immediately after creating a wallet in order to take full advantage of DEX and also a variety of implemented trading tools (Stop-Limit and Market orders).

EtherMium Exchange

For their services, the cryptocurrency exchange charges chump change or does not charge fees at all.

Thus, our traders save expenses and have greater chances of making more profit. Due to favorable trading conditions in the cryptocurrency industry, it provides them with opportunities for stable, comfortable and profitable trading.

Affiliate Program

Another reason to pay attention to EtherMium is affiliate program based on the trustless decentralized philosophy. Its members can receive a huge income. The system is no different from the other cryptocurrency exchanges referral programs, but the level of rewards is truly pleased. Our platform offers 50% (for life) of trading transactions. Payments will be made in the form of interest fee.

All you need to make a profit is to attract traders through the special affiliate link bound to your wallet. EtherMium is ready to provide your convenience with various banners as, if necessary, to develop new creatives.

Upcoming Implementations

EtherMium is constantly working to improve its project, the potential of which has already been appreciated by its first users, including the launch of the ICO platform. Thus, the EtherMium team will not only provide an opportunity to participate in the tokensale, but developers will be able to add their offers to our platform.

It can’t but rejoice the upcoming update, which includes futures trading. By adding this tool, users can trade assets with 10x leverage and this is not the final effort on this subject.

The next step for EtherMium is the implementation of trading with a focus on company stocks, which see most of the deals, as well as oil and gold and others. All these tools not only make the platform special, and its use convenient, but also universal, which provides its users with increased comfort.

EtherMium Security

The fact that the platform itself is decentralized demonstrates the level of its security. EtherMium has integrated the Exchange Smart Contract (is needed for a safe and fair transaction process) and the Order Book Service (is needed to store orders from users). Nobody can deceive you and abscond with the stolen money.

Currently, the EtherMium developers are working on the release of applications for Android and iOS, to provide them to its users in the near future.

Conclusion

Obviously, EtherMium developers still have a lot of work to expand the platform’s capabilities, the number of supported assets and users, but now the new decentralized exchange on the Ethereum protocol looks like an interesting project.

On the platform, each client gets the most advantages from trading with various assets to the possibility of participation in the ICO. While you use our platform, the developers of EtherMium have already worried about your comfort, anonymity, and safety of funds.

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