GIBX Forex 2.0: The Real Decentralized Exchange
First, let’s understand what a decentralized exchange is? Unlike centralized exchanges, all or most of the transactions in a decentralized exchange are matched by smart contracts on the blockchain platform, unlike centralized transactions. All that is done by the server. In addition, when a user trades on a decentralized exchange, the user’s currency is not stored in the exchange but always in his own wallet. Therefore, users in GIBX Forex 2.0 are responsible for the security of their digital assets and have nothing to do with the exchange. In this way, hackers frequently appearing in centralized exchanges to steal assets by attacking servers will not happen in decentralized exchanges.
GIBX Forex 2.0 will converge the two hot areas. It will seize the opportunity and introduce top resources, which will create millions of times the value! GIBX Forex 2.0 combines the two popular areas of DEX+FX and integrates the current global investment and financial first choice foreign exchange with the digital asset industry with a listed value of more than 1.89 trillion yuan, and uses Defi to decentralize the smart contract underlying technology It is built to achieve openness, fairness, and justice, and it can be queried on the chain at every step, making it the world’s largest digital asset management institution.
With the blessing of GUSDT, this world-renowned exchange brings up to 11 advantages. For GIBX Forex 2.0 and GX exchange, this is a positive and highly strategic move that will serve our common customers. Provide higher value.
This merger involves the upcoming transformation of the GX business system, and also the new form of platform operation, but it does not involve the delivery of the domain name GX.com. After the merger is completed, GX will be renamed GIBX Forex 2.0. The market is showing up and will become the world’s largest digital asset management institution, exchange, and the world’s largest foreign exchange flow provider (Liquidity Provider).
The design concept of the decentralized exchange is very good, but since its inception, from the actual operation, it has a big weakness: poor trading performance. At present, decentralized exchanges generally can handle only a few hundred transactions per second, which is a world of difference compared with centralized exchanges that can easily process millions of transactions. Therefore, the development of decentralized exchanges in GIBX Forex 2.0 has been very slow, and the current trading volume is only about 1% of that of centralized exchanges. Nevertheless, the industry has always been very optimistic about the long-term development of decentralized exchanges.
True decentralization means that no one intervenes, and user assets are only in the hands of users.
I believe that for every digital value investment user, nothing is more important than user sovereignty. Since GIBX Forex 2.0 is the world’s first truly decentralized exchange, it is regarded as the first priority in terms of user sovereignty and information protection, whether it is anonymity, asset control, transaction transparency, or 100% asset chain The storage can be seen and enjoyed in the GIBX Forex 2.0.
In addition to the security of user information and assets, GIBX Forex 2.0 is the first to use the automatic operation mechanism of full-chain components + full smart contract in governance-100% DAO governance, 100% AMM management, and 100% DEX agreement. When the risk of human manipulation is eliminated, centralized back-office management is rejected, asset management is returned to one’s own hands, and value is created continuously and securely. This is distributed accounting, that is, true decentralization.
Global Investment Bank Exchange (abbreviation: GIBX Forex 2.0) is an international comprehensive Internet brokerage under GIB Global Investment Bank & Capital Trust. It is affiliated with AFF Financial Holdings. GIBX Forex 2.0 provides more than 200+ trading products such as foreign exchange, futures, currency, and digital currency. Allowing customers to invest in financial products of various categories through one account, truly realizing one-click investment in the world.
The new generation trading system of GIBX Forex 2.0 adopts advanced FX Yield Manager engine, trading, and data visualization applications, providing trading, market data, charts and analysis functions, which can be customized according to your needs, bringing more simple and easy-to-use users Experience. According to the company, this is the first foreign exchange risk management suite that provides foreign exchange banks and brokers with all the functions they need to enable them to provide customers with world-class market-making services. Powerful analysis tools enable them to divide and analyze customer instruction streams, and the automatic risk repository with real-time hedging function enables them to increase revenue. The unique embedded risk control panel provides real-time and historical market risk and return data for all channels and currencies.
The decentralized exchange built with the DEX smart protocol as the core strengthens the performance on the chain and reduces transaction costs. It uses heterogeneous relay cross-chain technology to provide the GIBX Forex 2.0’s on-chain matching transaction engine with an ecological integration of cross-chain interoperability. Functions, performance, and high concurrent and complex computing capabilities are guaranteed. It is a decentralized exchange in a true sense.