The ideological vision for blockchain and cryptocurrencies has always been decentralization; blockchain technology provides transparency and immutability for economic transactions without the need for a centralized intermediary.
Today, cryptocurrency trading is largely dominated by centralized exchanges, which rely on an antiquated, centralized system, that is vulnerable to hacking, manipulation, and counter-party risk. These centralized exchanges lack adequate governance and have significant scalability issues.
BEX is a fully-decentralized exchange which allows for trustless transactions directly between counter-parties, eliminating risk and the need for a centralized entity/exchange.
Our model is simple: we empower users and distribute trading revenue/fees among nodes in the network.