Welcome to bulliscoming Gamestar exchange review. In this article, we would be discussing Gamestar exchange, its functionality, use cases, and others. Do well to stay with us as you don’t want to miss out on the juicy pieces of information revealed in this article.
Gamestar Exchange Review
We will be going in-depth in a bid to understand the GameStar exchange.
According to the website, Gamestar exchange is the foremost decentralized P2P trading platform built on the Polkadot network which offers an excellent and secured financial platform for global digital resources zealot.
Up next, we would be divulging details about the team behind the Gamestar exchange. This is a plus for the exchange because people tend to be at ease while interacting with a platform with known founders
The CEO of Gamestar exchange is Joshua Vizer. He is previously a director at Paxful, managing global accounts and major partnerships i.e. Binance, Bithumb, Okex, Huobi, etc. Head of US, Canada, and UK growth. Oversight of China, Vietnam, and Indonesia market.
Previous experience in cross-border M&A and PE both in New York and Beijing. BA in Economics and Political Science from the University of Chicago. He is capable of running the exchange flawlessly.
GameStar exchange introduced some other functionality into the platform to make like easier for their respective clients.
One of the significant advantages of Gamestar exchange is Asset Self Custody. With these options, users can directly connect their wallets to participate in trading activities.
All resources indicated in transactions are distributed on a smart contract. The clients oversee their respective keys to obtain management over their respective assets and to avoid the complications of funds.
Gamestar uses a chat encryption protocol based on 256-bit symmetric AES encryption, RSA 2048 encryption, and Diffie-Hellman Secure Key Exchange Protocol to ensure that the exchanged messages are not tampered with by anyone.
This is simulated to prevent hacking and to prevent vital information from being leaked.
The Taurus Protocol is a non-negligible provision essential to solving the issues of asset or resource loss caused by centralized auditing errors in traditional peer-to-peer hosts.
Disputes are resolved through consensus judgment formed by nodes, and nodes are rewarded or fined according to the audit results.
Another factor we should be aware of is that Gamestar is built on Polkadot, a platform that supports cross-chain trading of assets across multiple public chains such as BTC/ETH/USDT/BSC.
Users can quickly achieve on-chain asset conversion while avoiding high transaction fees. This means this firm is publicizing itself by getting affiliated with a big corporation.
GameStar exchange also has token Ecosystem Incentives to enable its users to benefit from. These additions benefits are usually allocated to their clients and others. Gamestar exchange token also known as GMS token is used for platform incentives and community development.
Tokens are utilized to encourage fraud resistance, transaction rewards, referral rewards, as well as incentives for the development and launch of community projects. The token alone is enough to publicize and drive the platform to the bearing of the populace.
There is one thing to note about every single project and it is the fact that they usually have an MVP, a viable product. Gamestar has a gift card market that offers peer-to-peer cryptocurrency and gift card transactions for clients around the world. This is usually decentralized on users’ wallets, optimized for fast trading, with an adjudication process for disputed trades.
Transaction on game star exchange is usually swift and simple. You are safe from fraudulent activities with their laid-out defense mechanism.
You get to appeal in case of complications and you also enjoy low transaction fees.
A major notable advantage of the Gamestar exchange is the NFT market and the two-way trading option.
The NFT mall is a sector where artists can publish collected pieces of information. These are published according to the sphere of the market. The NFT market is a p2p market.
All creations and transactions of artists and collectors on the platform will be rewarded with mining incentives on the platform.
The two-way trading mentioned earlier is a worldwide decentralized market which means it isn’t overseen by a central authority. Your resources are granted safety.
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