Belifex is a blockchain solution that would build its own ecosystem. Unlike other blockchains that have one focus of mass adoption. Belifex will commit itself to be a revolutionary blockchain and create its own ecosystem. This involves a social media blockchain based platform with social interaction that will use a rewarding system. Advertisements are for most consumers in today’s ecosystem faced with dozens of options for any given purchase. All these choices make it hard for consumers to make a decision; it often comes down to who can make the biggest, most memorable impression. As a result, advertisements are a huge cost for big firms or the common man. Belifex will introduce a low-cost advertisement on its ecosystem. Ecosystems of course can’t be without a trading platform, marketplaces, payment gateways for merchants around the globe.
The Products of BELIFEX.
What is Belifex Web Wallet?
The Belifex Web Wallet is a decentralized cryptocurrency storage solution created to hold and send cryptocurrencies around the world. The Belifex Web Wallet is under development with BIP39 security, which means that you can also access your wallet via other ways such as MyEtherWallet (MEW). Belifex does not retain any access to keys from its Web Wallet users. The Belifex Web Wallet is very easy to operate for every Web Wallet user. Although the Belifex (BEFX)Token is the main asset that is encouraged to be stored, it’s focus won’t be the only supported currency.
Does Belifex Web Wallet support Ethereum and ERC-based cryptocurrencies?
Yes. A complete variety of other cryptocurrencies will be added along the way, but for now we are currently limiting storage to only include Ethereum and ERC-based currencies at this current point in time.
How is Belifex Web Wallet secured?
The Belifex Web Wallet is originally created to make cryptocurrency payments towards community members easier to realise. The Belifex Web Wallet comes with a variety of securing functionalities. Among these are e-mail registrations, 12-word seed phrase, private key, one-way encryption, Client Side Generated Private Key’s, and a variety of other safety implementations to ensure security to the highest extent.
How will Belifex Web Wallet evolve?
Belifex Web Wallet will evolve as a payment system and create an easy way to collect tips and payment across different channels. Twitter, Facebook, YouTube. This will become available in the next versions of the web wallet. Users would no longer need to remember there long and complicated wallet address but instead have a username that is linked with the wallet address.
BeliDEX Exchange allows all tokens Ethereum based ERC20 to be traded. BeliDEX is a FREE decentralized exchange based on Ethereum blockchain with no additional deposit and withdrawal necessary, nor any need for a signup. Only with Metamask and Importing user’s existing wallet, users can trade their tokens in real-time anywhere, anytime with PC and Mobile. However, in order to trade tokens in BeliDEX decentralized exchange, each token must be allowed to be traded in order to sell. Also, since it is based on Ethereum, it is troublesome to switch to WETH token in order to buy another token with Ethereum in the personal wallet. 1ETH is the same as 1WETH, and can be exchanged at any time. This is a prerequisite for storing transactions and exchanging tokens in the Ethereum Blockchain. All transactions are stored in the Ethereum blockchain and the status of transactions can be checked in real time. If the transaction fails, the asset is automatically restored again and GAS fee are restored too. However, there is a disadvantage in that there is a gas fee to be paid to the Ethereum miners to store in the Ethereum blockchain. This is not a concern because it is common among all of the decentralized exchanges, and it is a very small amount regardless of the amount of token trading and all costs including fees are cheaper than centralized exchange
BeliCEX aims to minimize the conventional boundaries and provide its users with a comprehensive platform for trading various kinds of digital assets across multiple trading ways, including binary options, futures, options, and smart contracts. BeliCEX is a Peer-to-Peer (P2P) trading platform on which users are dealing with each other anonymously. Due to its P2P nature, users play a vital role in the liquidity of the assets. However, BeliCEX will also provide adequate liquidity for the trading of assets and funds in partnership with global liquidity providers. BeliCEX aims to minimize the trading fees by introducing its native monetary system via its token, Belifex (BEFX) token, by which the trading fees will be zero. BeliCEX is more than a digital assets trading platform and provides a wide range of innovative solutions and value-added services to its valuable users, including advanced analytics, virtual trading, social trading, and many more. It will be incredibly fast, and its speed will be enhanced and improved through the next upcoming versions. BeliCEX APIs enable 3rd party developers to develop new applications and solutions to create new platforms and services. The core technology of BeliCEX synchronizes the integration of various trading solutions via hypersecure connections.
Read the entire whitepaper and find out more abou this amazing project.
https://belifex.com/assets/Belifex%20official%20whitepaper%20BEFX.pdf
