Bitcratic is a Decentralized Exchange for ERC-20 Tokens. All transactions are done through Smart contract on ethereum Blockchain. You don’t need to Register/Login to Trade on Bitcratic. You can just use Meta Mask/MEW/Legder Neno to trade. No custody of tokens/eth are done by exchange. User use their wallet to trade
Since inception of the Blockchain Centralized Crypto Exchanges are dominating the crypto market and more than 95% transactions are taking place in such exchange. The objective of the Blockchain is to decentralize the world. Bitcratic is here to empower the decentralized exchange..Bitcratic use off-chain order book with On-chain settlement.
1. Funds are kept in Smart contract linked to the users account; therefore the user is the only person who has access of funds. That makes a Bitcratic more resistant to hacking than a centralized exchange.
2. Bitcratic operates through a variety of nodes, so there is no server which can go down or get hacked.
3. Bitcratic provides a higher degree of privacy, because there is no data shared with the exchange operator.
4. The users keep control of their funds in their own account.