Prandex is a Multi-Asset digital crypto currency exchange created in early 2018. Prandex is the first international exchange from India. Prandex is a fully functioning exchange that is already live. We have 50 major coins/tokens and more than 100 trading pairs already listed on the exchange in BTC, ETH and USDT markets.
Issues with existing exchanges
- Multiple Accounts - One size doesn’t fit all. Most users have accounts in several exchanges and it is becoming tough for them to manage those accounts.
- Trading spectrum - Exchange, has been a singular platform until now, allowing only currency exchange transactions. Users approach other service providers for needs such as lending, borrowing, Portfolio management and other advanced financial needs.
- Trading Bots -Another major concern is that since the Crypto markets are open 24/7 through the year, protecting investments using automated tools is critical.
What makes Prandex unique ?
- Live Exchange - We are already trading live with over 100K active users added in just last month itself. We have listed over 50 Coins/ Tokens and have more than 100 trading pairs available for trade.
- Trading Fee - We have 0% trading Fee until the end of this year + you get 0.2% our tokens when you trade and your referer gets 0.1%
- Multi language support - We support over 15 International languages
- Multi Device Support - We have a fully functional Android App, IOS app on the making
- Customer support - we are planning to provide 24X7 support in the coming days, now we provide 12 hours of support. Our telegram group has 35K users.
Airdrop
- Join our Telegram group — 200 PRAB tokens ( Worth 2 USD)
- Sign up @ Prandex — 500 PRAB Tokens (worth 5 USD)
- Refer a friend using your referral link and for every friend who joins using your link — 500 PRAB tokens (worth 5 USD)
- For every 1 USD worth of crypto deposit — 1 PRAB token (until first withdraw, after that no bounty will be paid)
Note:
Prandex reserves the right to cancel or amend the Bounty or Bounty Rules at our sole discretion.
All accounts that we deem to be created with “disposable” email will not be entitled for bounty.
All trades that we deem to be “wash trades” will not get their Bounty
Prandex Features
Exchange and Brokerage
The base Prandex platform is a meta service provided on top of several other exchanges. By building this platform, Prandex will be able to merge their order books. This creates a Uber order book and also provides the best buy and sell rate for any trading pair at any given time.
Trading Bot’s
We know that Cryptocurrency never catches a wink, but as human we tend to and trades happens 24X7, how to trade ?. Prandex gives built-in support for automated bots, these bots happens to work on the rules set by the user and the bots can range from simple rule based bot, Indicator based bots, strategy bots to fully autonomous bots. These bots can be configure to give alerts, reminders, and many more actions to allow automatically handle trading. In the later stage, we plan to have advanced bots that can make trade decisions based on several indicators.Bots will be charged based on the complexity of the bot and number of instances running.
Portfolio Management
Most of the trader nowerday hold multiple cryptocurrency and their interest to range diversified portfolio to keep track we use mobile Apps or spreadsheet applications where we need to input all datas manually, this is prone to factual errors but in Prandex we provide users to link all other cryptol exchanges, it can effectively pull transactional data and maintain your portfolio automatically and accurately at all times. Portfolio dashboard will give you a single view of all your investments across all the exchanges in one place. Users can set alert on various portfolio events and act on it in a single dashboard. With this, getting your annual crypto tax statements will be click away.
Analytics
User have account in different crypto exchange it takes time to see all data user uses. Prandex pulls all needed data from different crypto exchanges and will be presented in the user dashboard from here user can drill the data for different dimensions like geolocation, time, coin, exchanges etc.,. This allows the user to see all he needed in single page at single site.
Full De-Centralization
We believe that centralized exchanges are evil and have already started started work on building our DEX. Most DEX have decentralised their trade engines only, but we at Prandex wants to give fully decentralized platform to users. we will soon migrate towards our DEX, from user interface to off chain decentralized order book to decentralized trade engine to storing whole exchange data in a decentralized storage.
The Team
The founder of Prandex is Mohamed Zahoor, Whose previous stint was in Ethereum Foundation. He also has a long experience in building highly distributed systems for Telecommunication and Financial markets. Thambi Selvam is our COO who has a decade of experience in website operations and maintenance