Narfex DEX is a non-custodial exchange
DEX trades are facilitated by deterministic smart contracts, they carry strong guarantees that they will execute in exactly the manner the user intended, without the intervention of centralized parties. In contrast to the opaque execution methods and potential for censorship present in traditional financial markets, DEXs offer strong execution guarantees and increased transparency into the underlying mechanics of trading.
WHAT s NARFEX
Narfex Protocol enables users to make secure and efficient trades of various digital assets without the need for centralized intermediaries. Narfex addresses the problem of trust, transparency, and security that plagues traditional P2P exchanges. By using smart contracts, it ensures that the terms of the trade are automatically executed when both parties have fulfilled their obligations, eliminating the need for trust in a third party.
How to use
Users can create an account on Narfex via a web browser or download the app on Android operating systems. Next, users can fill their balance with a bank transfer or credit card. That balance can be used to buy NRFX, which can then be used to buy other cryptocurrencies. Other activities that can be done with Narfex tokens include stacking it in hopes that the price will increase, paying for goods where cryptocurrency is accepted, the capitalization of decentralized projects is close to $300 billion but according to analysts, this is just the beginning of the DeFi boom, and the Narfex platform is among the leading innovative services
NARFEX ECOSYSTEM
Exchange
A maximum user-friendly and reliable exchanger, where everyone can exchange fiat to crypto. Its functionality is constantly expanding but even now here you can safely buy and sell BNB, USDT, Narfex token and other digital assets.
To exchange currency, you need to connect a wallet or create one directly on the platform. The vault is topped up with the amount you want to exchange, and then you only remains to select the asset and make the transaction. The exchange is made between the network users, which means no intermediaries and minimum commission. In turn, this allows to exchange assets at a favorable rate. For investors, traders and holders of crypto, this point is crucial.
Non-Custodial wallet
Users can create a non-custodial crypto wallet directly on the platform. Unlike centralized exchanges, only owners have access to the vault (), which significantly reduces the likelihood of hacking and theft of funds.
You can create it in a few minutes, with no verification required. Users can make transactions at any time, maintaining the highest level of privacy.
COMMUNITY
Narfex project has a developing community with its own official Telegram channel where users communicate with each other, share investment strategies and tips on making profit from NRFX tokens and other crypto assets. The channel regularly hosts contests with prizes in the form of internal platform coins.
DEX exchange
Narfex DEX is a non-custodial exchange — it means that the platform does not need to own users’ assets for trading them. It is done within a peer-to-peer network, with liquidity provided by other users.
The project plans to digitize securities, which will allow traders to create pairs with known tools and profit from trading. Tokenization of the stock market (stocks and bonds) and its transfer to blockchain is an opportunity for each user to quickly, reliably and profitably buy and exchange valuable assets.
mobile application
Mobile app is still under development and testing but soon will become an integral part of the ecosystem. Up-to-date and fast software will provide the system participants with 24/7 access to the platform’s products and opportunities from anywhere in the world.
NRFX TOKEN
The tokens are issued on the Binance Smart Chain blockchain (BEP20) in the amount of 20 million NRFX. The algorithm eliminates the possibility of an emission increase. Apart from Narfex, the coin is already being traded on other decentralized platforms and shows a stable growth trend.. The token operates on the Binance Smart Chain (BSC) network and has a maximum supply of 1 billion tokens.
In addition to holding, digi-currency owners have several other opportunities to make money- they can give their funds to the liquidity pool, thereby providing transactions in the exchanger and on the exchange, and get a reward for it. Beyond that, token owners automatically become DAO members, which gives them a voice in the matters of the platform development.
The deflationary emission model stimulates a continious growth of the token value: half of the fee income from each transaction is burned, which reduces the number of tokens in circulation and helps stabilize the exchange rate.
The NRFX token acts as the core with the ecosystem built around it. With its own crypto asset, the platform gets additional development opportunities, and the token owners have excellent chances to improve their financial well-being.
NRFX, The First Meme Token With 2% Reward
Narfex Token (NRFX) is one such token that has gained a lot of attention in the cryptocurrency world. In this article, we will discuss why NRFX is the first meme token that offers a 2% reward and is also the first meme token aggregator. We will also explore the benefits of investing in NRFX and how it works, This is a significant feature as it provides an incentive for holders to hold on to their tokens
ROADMAP
USEFUL link:
Narfex website: narfex.com
Narfex Token: narfex.com/token
Telegram: Narfex_EN
Instagram: instagram.com/narfex.global
Discord: discord.gg/cKA5JPe2
Twitter: twitter.com/narfexglobal
Author
BITCOINTALK Username: runyaari
https://bitcointalk.org/index.php?action=profile;u=2573412
0xE5f94E5C6F0a2f1c77669513Fd127CdD488b6415
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