ParamountDax Exchange


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Digital currency markets are developing step by step. In mid 2018, crypto markets pushed towards a one trillion US dollars showcase capitalization. New coins and tokens are added to the market each day and existing coins and tokens are exchanged with huge volumes at consistently.

In this circumstance, most trades which have poor and constrained exchanging offices won't almost certainly handle an enormous volume of exchanging and huge assortments of new tokens and coins discharged later on. Changing client necessities are unavoidable and new and existing merchants will look for a trade with new highlights and offices.

What precisely is ParamountDax?

ParamountDax is a completely created from the scratch, prepared to-utilize item actualized as a cutting edge age crypto exchanging trade. It plans to alter cryptographic money exchanging by filling in as a perfect stage for crypto-to-crypto and crypto-to-fiat exchanging while likewise explaining the issues looked by the present crypto industry. ParamountDax intends to give a modern exchanging stage that truly obliges the requirements of the crypto network by offering instinctive UI, moment liquidity, multilingual and constant client support and by empowering consistent, secure and riskfree exchanging opportunity at insignificant expense.

The primary bit of leeway of the TFC chance by ParamountDax is the surely known stage of the stage with cutting edge scope of highlights for exchanging out diagrams. The effectively framed exchanging methodologies for value activity will be utilized effectively for new, productive marking steps. Moreover, the main trade, ParamountDax, offers the chance to perform significant tasks legitimately from the graph. After the genuinely future-situated demo adaptation of the TFC ParamountDax stage, all agents of the digital currency world show overall vendors and other market producers hanging tight for the last variation with completely propelled usefulness for the beneficial exchanging outline.

Advantages of IEO - all members get chances

As referenced before, IEO is reasonable for representatives due to its straightforward idea and safe at an abnormal state. However, not just purchasers get the advantages - the dispersion that is done in a totally controlled manner is likewise ideal for engineers. Introductory trade offer offers the likelihood for designers to set their own guidelines and confinements:

The sort of tokens that add to the procedure;

The underlying token cost.

Just steady coins can turn into the IEO tokens since every real trade value their notoriety. Along these lines, it is one more part of the astounding security level that partners and designers look for. The better token rundown is come to and trades get the positive cornerstone regarding the total arrangement. One more favorable position picked up - the solid creation in the connection between the token improvement group and online stages.

Exchange security

Secured protocol

ParamountDax has implemented security protocols such as: Secure Header on HTTP Request / Response such as: X-Frame-Options, X-XSSProtection, HTTP Only, Set Secure flag.

CSRF protection

Cross-Site Request Forgery (CSRF) protection for victims of fraud will be reported to the Administrator.

Avoid suspicious

Suspicious users will be prevented by the xss-clean method which also prevents the malicious file from uploading.

Authentication & detection

Authentication & Detection will be provided by ParamountDax to make the transaction fulfilled by the participators to the trade.

Prevent DDoS attacks

The DDoS attacks can be prevented using periodic penetration testing, Custom WAF rules, security notifications, etc.

Secure web services

ParamountDax will offer a highly available and customized DDoS shielded hosting solution with network and application-level firewalls. ParamountDax will use secure HTTP headers like HSTS to enforce TLS encryption, and keep the passwords salted and hashed.

Security audits

In order to ensure maximum security of the exchange, ParamountDax will conduct a periodic security audit so that vulnerabilities are avoided. For trader’s patience, we will sign a regular contract with some External Audit Agency. The name of Company Audit will be communicated soon through official ParamountDax social media channels.

Liquidity offered

In order to solve the liquidity issue and allow users to instantly trade their digital assets, ParamountDax will be adding its order book to a collective pool server—an order book shared among various crypto exchanges. This way, even if there isn’t enough liquidity on the exchange, it will get available through the collective pool. This enables users to quickly transact their trades.

Token Details

Pre-sale token supply: 25,000,000 PRDX

Token supply: 40,000,000 PRDX

Total tokens for sale: 75,000,000 PRDX

Soft cap: 1,750,000 USD

Hard cap: 9,310,000 USD

Ticker: PRDX

Type: Utility-token

Token standard: ERC20

Token price in USD: 1 PRDX = 0.15 USD

Accepted currencies: BTC, ETH, USDT, B2BX, DASH, LTC, NEO, XRP, PAX,BNB (EUR / USD)

Blockchain Platform: Ethereum

Country limitations: USA

Registration country: United Kingdom

Token Distribution

2% Bounty Bonus

10% Angel Investors

65% ICO Participants

23% Team

Funds Usage

22% Initial Development Cost

12% Liquidity Reserves

11% Team and Advisory Board

33% Marketing

22% Emergency Reserves


Q3-Q4 2017

Idea conceptualization and research.

Team hiring

Q1-Q3 2018

Team expansion.

Wallet development started

Q3-Q2 2018

Platform Development started

Q3-Q4 2018

PRDX campaign initialize.

Website launch.

Smart contract and token creation

Q1-Q2 2019

Pre ICO Sale.

Community development started.

Whitepaper release V.1.6

Main ICO sale.

Participation in major crypto and blockchain events and conference

Q3 2019

Token release

ParamountDax exchange release

Q3-Q4 2019

iOS app development started

Android app development started

TFC (trading from chart / advanced) release

Hiring product designers and community managers

Wallet release

Release of multi token supported Smart PRDX wallet

Q4 2019

Mobile version release IOS/Android

Q1-Q2 2020

Merchant agreements

OTC section release

Q3-Q4 2021

Dedicated blockchain release

Decentralized exchange release


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Author: walesodiya

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