Topic: ByteDex Ecosystem (Byte Exchange) (Read 178 times)

The US Financial Crime Enforcement Network (FinCEN) has recognized and registered Bytedex (Byte Exchange) as a Money Services Business (MSB).  The RSD record demonstrates Bytedex's commitment to strict anti-money laundering (AML) and terrorist financing (ATF) measures.

 

 In addition, this record certifies that Bytedex fulfills its obligations with strong security protocols, risk management systems, user assets and protection of personal information at high standards.

 

 


 MSB registration means that the inflow and outflow of fiat money between traditional financial institutions (banks) and Bytedex is approved by the authorities within the framework of the regulations determined by the regulation.

 It is Turkey's first and only cryptocurrency exchange registered with FinCEN, which is subject to international regulation.

Source:
 https://bytedex.io/en/bytedexs-msb-registration-with-fincen-ensuring-security-and-trust-for-users/

FinCEN Registration:
]https://bytedex.io/wp-content/uploads/2023/06/msb_registration.pdf]

The minimum trade limit is 1 Usdt$ on Byte Exchange. You can give buy or sell orders at least1$ worth cryptocurrencies.

Byte Exchange gives its users 35% income from referral commissions in 3 levels.

You earn 20% from your first-level references, 10% from your second-level references, and 5% from your third-level references.


Moreover, these revenues are instantly reflected in your wallet as in CASH, and can be Spent or Withdrawn IMMEDIATELY.

You can also earn CONTINUOUS passive income from your references, not just once.

Thanks for your attention. First of all, I am an investor of Bext token and a member of Bytedex Community. I am not a team member but, I am very close to the Ceo and his team.

Android App has been just published for a month. So, numbers of reviews and downloads are not too much. Byte Exchange has been announcing 1. year campaigns. It will be more campaigns on next days. You can learn more about 1. year campaigns.
https://bytedex.freshdesk.com/support/solutions/articles/150000039238-byte-exchange-1st-anniversary-carnival-begins-

After publish of IOS app, Hacken will audit Byte Exchange's softwares. Byte Exchange is negotiating with Hacken.

I found no reviews for your exchange on the google playstore. Could be because you are not advertising your exchange much and hence not many users know about it. I'd suggest you to promote it more in the forum via exciting airdrops, sig. campaign, promotion via twitter, tg camps etc.

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Also, could you link to some strong audits (done by any reputable auditor) who have audited this exchange already?

Byte Exchange has listed cryptocurrencies which included 81 USDT pairs and 55 TL pairs.

USDT PAIRS
✨BEXT/USDT✨BTC/USDT✨AVAX/USDT✨CEEK/USDT✨NEAR/USDT
✨SAND/USDT✨HOT/USDT✨ADA/USDT✨XLM/USDT✨PEOPL/USDT
✨DOT/USDT✨MATIC/USDT✨ETH/USDT✨AAVE/USDT✨KAVA/USDT
✨ETC/USDT✨EGLD/USDT✨XRP/USDT✨INJ/USDT✨ATOM/USDT
✨ENS/USDT✨FIL/USDT✨LTC/USDT✨BUSD/USDT✨DAO/USDT
✨OP/USDT✨TON/USDT✨TRX/USDT✨SOL/USDT✨1INCH/USDT
✨BNB/USDT✨DENT/USDT✨APT/USDT✨SFUND/USDT✨CHZ/USDT
✨SHIB/USDT✨THETA/USDT✨VET/USDT✨ONE/USDT✨ZIL/USDT
✨FLOW/USDT✨LUNC/USDT✨DOGE/USDT✨SPELL/USDT✨CELO/USDT
✨RARI/USDT✨METIS/USDT✨ROSE/USDT✨MANA/USDT✨LUNA/USDT
✨LINK/USDT✨ENJ/USDT✨ALICE/USDT✨API3/USDT✨ANKR/USDT
✨ZRX/USDT✨GALA/USDT✨FTM/USDT✨KLAY/USDT✨JASMY/USDT
✨KDA/USDT✨APE/USDT✨RACA/USDT✨AXS/USDT✨XTZ/USDT
✨PAXG/USDT✨REEF/USDT✨AZERO/USDT✨MKR/USDT✨SLP/USDT
✨LOOKS/USDT✨CAKE/USDT✨QNT/USDT✨VOLT/USDT✨MBOX/USDT
✨BRZV/USDT✨BFAN/USDT✨BMETA/USDT✨BMETB/USDT✨BCEX/USDT✨JIM/USDT


TURKISH LIRA PAIRS
✨BEXT/TRY✨BTC/TRY✨DOT/TRY✨USDT/TRY✨TON/TRY
✨OP/TRY✨QNT/TRY✨SFUND/TRY✨CAKE/TRY✨LTC/TRY
✨APT/TRY✨AAVE/TRY✨FTM/TRY✨LOOKS/TRY✨RARI/TRY
✨FLOW/TRY✨ETH/TRY✨GALA/TRY✨CEEK/TRY✨MANA/TRY
✨XLM/TRY✨RACA/TRY✨APE/TRY✨PEOPL/TRY✨SHIB/TRY
✨AVAX/TRY✨PAXG/TRY✨LUNC/TRY✨BNB/TRY✨1INCH/TRY
✨DOGE/TRY✨DAO/TRY✨SOL/TRY✨BUSD/TRY✨VOLT/TRY
✨MATIC/TRY✨JASMY/TRY✨AXS/TRY✨ATOM/TRY✨SAND/TRY
✨XRP/TRY✨ADA/TRY✨TRX/TRY✨CHZ/TRY✨FIL/TRY
✨NEAR/TRY✨HOT/TRY✨ZIL/TRY✨LINK/TRY✨SLP/TRY
✨ONE/TRY✨ENJ/TRY✨XTZ/TRY✨DENT/TRY✨BRZV/TRY

Byte Exchange Android App is live on Google Play Store.
https://play.google.com/store/apps/details?id=io.bytedex.mobile

First of all, Byte Exchange is a Cex. Centralized part of Bytedex Ecosystem. The main aim is that creating Hybrid Exchange which runs with smart contracts on dual layer blockchain (Bytechain).

I am not the authorized person which can present a document. I can say about insuranced funds that some partnerships are being negotiated.

Yes you cannot use VPN with Byte Exchange.

Assigning IP's is an option for people who want more security. People can assign spesific IP's to reach their accounts. This is an option.

No, people don't lose their assets if trying to reach from different IP's. They can reach support services of Byte Exchange. Then, They request to remove blockage.

If you don't like assigning IP, don't use. So, the idea that controlling people, is irrelevant.

As I said in the first post, Byte Exchange is a Cex. But, Bytedex final aim is building a platform which gathered Cex functionality and dex security. This is not a bullshit. This is vision!

Did you mean you will give 100% insured if there's a hacker hacked your exchange? how much the reserve funds you have? can you sign a message to proof if you're control the wallet?

Accessing the exchange and wallets with the IP's that I signed is very a bad idea to be honest, it just mean you're trying to control the person who use your site, this will increase the possibility people will lost their coins since they're login with different IP address.

A complete bullshit about DEX, this is similar like CEX who not allow their users to use VPN.

Byte Exchange mobile application is live now on Google Play Store. IOS version Wil also be on AppStore soon.

https://play.google.com/store/apps/details?id=io.bytedex.mobile

Do you want to trade cryptocurrencies without having to trust anyone? Even to your exchange platform!

The ByteDex project aims to create an "ecosystem" that will provide a "trustless" cryptocurrency trading experience required by the logic of the blockchain.
ByteDex; It was born as an objection to centralized exchanges (Cex), which do not prioritize user interests, are far from ensuring the security of funds, and even cause problems such as hacking and fund losses and do not take any responsibility.



ByteDex Ecosystem



Byte Chain
It is designed as a dual layer blockchain that will be at the base of the ecosystem. The decentralized hybrid exchange (Byte Hybrid Exchange) will be built on it.  It is planned to be a cradle for DEFI projects with smart contract support (2023).

Byte Hybrid Exchange
It is decentralized exchange where all Cex functions such as limit-market order, stop loss can be used by connected with your wallets (metamask, trust wallet, Byte Wallet, etc.) whose private keys you have (2023).

Byte Exchange (CEX)
It is centralized exchange targeting users who are unfamiliar with the use of Dex and prefer a centralized structure. It has technology and infrastructure to provide "minimum necessity of Trust".
"People shouldn't even has to rely on their exchange platform to trade cryptocurrencies" is the motto of Byte Exchange. It has;

- 3 cryptocurrency licenses from Estonia,
- 47 security layers,
- Insured exchange wallets and management with Fireblocks cooperation,
- The possibility of accessing your account only from  IP's that you assigned,
- Ensuring transfers are made to the wallets which you determined only.
- Capacity of processing 84m requests instantly. This means that processing all requests of entire Turkey population instantly with stability, speed and power.
- Community-based crypto exchanging understanding that shares 50% of its net profit with the community.

Byte Wallet: Non-custodial wallet application which supported multi chain.

BEXT (Byte Exchange Token) and Staking Platform: It was mentioned in that section  https://bitcointalk.org/index.php?topic=5425040.new#new



ByteDex makes a difference with its current features and the understanding that is loyal to the blockchain mentality. It is a community-based crypto exchange-ecosystem. It shares own net profit (50%) with the investor with its unique staking algorithm in the world.

Website: www.bytedex.io

Byte Exchange: exchange.bytedex.io

Staking Platform: https://stake.bytedex.io/

Byte Exchange Pitch Deck Document

Speech of CEO-World Blockchain Summit Dubai 2021

YouTube