PEERPLAYS DEX: USE CASES

PEERPLAYS DEX

Nathan: New to Crypto

Nathan is new to the world of cryptocurrency and is looking to take his first steps in trading. We believe the Peerplays DEX is the perfect introductory solution for him. With its intuitive design and user-friendly interface, anyone can easily understand and use the platform! We’ve also created a comprehensive DEX User Guide that walks you through all the features and functionalities, making it easy for you to get started.

Rick: Values Privacy and Security

Thanks to the decentralized nature of the exchange, Rick can feel secure knowing that his trades are protected from hacking attempts and security breaches. Additionally, Rick can trade anonymously without having to disclose sensitive personal information or go through a verification process, ensuring that his privacy is protected! We outline our security settings in Section 6 of the DEX User Guide.

Elena: Craves Control

Elena is a novice trader who wants to withdraw her funds from the DEX at any time.

With the Peerplays DEX, Elena can withdraw her funds without the need for third-party involvement, ensuring that she has complete control over her funds at all times. This level of control and privacy is unmatched by traditional centralized exchanges, making the Peerplays DEX a top choice for users like Elena who value their privacy and control over her funds. Section 3 of the DEX User Guide outlines the key functionalities of the DEX dashboard.

Katy: Values Convenience

If you’re like Katy and you’re looking to easily deposit funds into your Peerplays DEX account, you can do so by transferring your funds to your web 3.0 Whalevault wallet. With Whalevault, you have complete control over your funds and can deposit and withdraw without third-party intermediaries. We outline the necessary Whalevault integration process in Section 9 of the DEX User Guide.

Tom: Seasoned Trader

Tom is an experienced trader who wants to trade using a decentralized exchange. He is always on the lookout for faster and more efficient ways to trade.

He has learned about the Peerplays DEX’s sidechain capabilities (outlined in the Advanced Settings section of the User Guide), which allow for faster transactions, lower fees, and increased scalability. This is perfect for him because he requires high-speed transactions and the ability to trade on a secondary blockchain without having to leave the primary blockchain.

Janine: Early Adopter

Janine enjoys exploring new opportunities with innovative technology. She was intrigued when she learnt our upcoming DEX release offers the added advantage of sidechain capabilities. She was interested in becoming a Peerplays Node Operator (aka Witness). By becoming a Witness, she earns rewards in the form of PPY tokens and contributes to the growth and stability of the Peerplays network.

Decentralized Trading Just for You

Whether you’re like Nathan, Katy, or Tom, our new DEX decentralized exchange offers a world of possibilities for your online trading goals. We believe that decentralized trading is the future of trading for the flexibility and freedom it offers. That’s why we built this decentralized platform.

Dex User Guide Content

Dashboard - Deposit Tab

The Dashboard's Deposit Tab is a safe and secure place to generate your BTC deposit address, as well as download it for easy reference. To deposit BTC (bitcoin) into your Peerplays Wallet, simply use the provided BTC deposit address! Please be sure to follow the deposit instructions for HIVE/HBD, so that your deposit is successfully processed. With just a few clicks, you can be on your way to enjoying all the benefits of DEX!

Dashboard - Withdraw Tab

In the Withdraw Tab in the Dashboard, you can generate your BTC withdrawal address & keys, securely download your BTC withdrawal address & keys, withdraw BTC (Bitcoin) to your sidechain address, withdraw HIVE & HBD to SON’s account, see the fees applicable & confirmation time for withdrawal activity. Additionally, you will be able to find all the options available for withdrawing your cryptocurrencies. You can also check the fees applicable for each type of withdrawal and the estimated confirmation time. This will help you in selecting the best option for your needs.

What is PEERPLAYS?

The vision for Peerplays is unique. Peerplays is not an organization, a company or a single individual. We’re a global community of product developers, marketers and creators who are deeply passionate about building a global, humanistic blockchain experience. We’re committed to developing new paradigms in blockchain technology, building a network that offers decentralized, scalable and secure solutions. We believe in delivering the best tools possible by developing human-friendly systems to the highest security standards that benefit every member of the Peerplays blockchain community.

DEX

Decentralization is the heart of our DEX. It’s one of our core values. Our north star! Our platform’s built-in wallet allows you to keep your assets and trade them whenever you wish, while maintaining full ownership of your private keys. Your assets are always right in front of you. Additionally, you can view what’s been bought or sold, and manage open orders seamlessly. Simply put, everything is transparent and your assets remain in your control.

Peerplays DEX

The Peerplays’ DEX is different from other DEXs because it supports cross-chain swaps using decentralized support for chains like Bitcoin, Hive, and soon - Ethereum. The Peerplays DEX is the perfect place for people who care about decentralized capabilities as users have the power to trade at any moment without moving assets (the wallet is built into the DEX).

Blocks

The Blocks-Asset Page in the DEX app provides an overview of all the assets available on the platform. The page includes a graph showing the total number of assets as well as a table with information about each asset, including its ID, symbol, name, maximum supply, issuer, and info.

Witnesses Page

You can find a wealth of information about current Witnesses on the Blocks-Witnesses Page. The page includes a detailed table with details about each Witness in addition to real-time graphical representations of Witness activity. The table contains the following information: rank, name, active status, URL, last block, missed blocks, total votes, and key.

Committees Page

You can view live witness data and active committees on the Committees Page. Active committees are shown graphically, and witness information is shown in a table. Peerplays witnesses who want to keep up with the most recent committee activity should use this Blocks-Committees Page as a vital resource.

Blocks-SON’s Page

The Blocks-SON’s Page is a fantastic resource for keeping up with all the most recent SON-related information. Real-time graphical representations are available for active SONs, remaining budget, the upcoming vote update, and other information. A table with witness-related information, including rank, name, active status, URL, and total votes, is also available.

Fees Page

The Blocks-Fees Page provides a breakdown of the costs related to various types of transactions. The fees can be seen in a table with the following columns: category, operation, fee type, and standard fees. The keyword search feature can be used to filter and reorder the data as well.

Settings Pages

The Settings Pages contain a number of settings that you can change to suit your preferences. You can choose whether you wish to enable or disable browser notifications and whether to display the website in your preferred language. You can manage your keys more effectively by using the settings and features on the Key Management Settings Page. You can view, regenerate, and download both your public and private keys from the Key Management page.