Connecting Centralized & Decentralized
with Gateways to Fiat
Fund · Connect · Trade
The Verso Decentralized Exchange (VDEX) will be an open-sourced initiative based on the 0x protocol to provide trustless and permissionless cryptocurrency spot market trades with zero fees and without counterparty risks. This model is much like how localbitcoins.com offers over-the-counter, or OTC, trades. However OTC orderbook matching is at a less competitive exchange rate between coins. Liquidity is still sparse in the DEX ecosystem in a peer-to-peer zero-fee trading ecosystem.
This is where the Verso Centralized Exchange (VCEX) comes in to help provide liquidity via Verso’s commitment to hosting richly backed Relayers for a small fee. These Relayers are available as market makers and provide proxy connections into multiple exchanges with additional fees to incentivize the VCEX Relayers to maintain competitive orderbooks.
This injects liquidity into the hybrid exchange ecosystem making up for the wider spread in the VDEX. The interconnected exchanges eventually determines who will fulfill the order and the traders benefit from the best of both worlds
The Verso Fiat Exchange Gateway (VFEG) will enable access to local fiat currencies from local banks within its deployed jurisdictions. The gateway enables local banks that have deployed the technology to be able to transfer funds in and out in exchange for our preferred stablecoin to be exchanged further into traders’ cryptocurrency of choice.
The Verso Cryptocurrency Exchange Gateway (VCEG) will give a boost to trade liquidity. The range of difficulty for these gateways to exist varies depending on the degree of partnership with the exchanges and their API exposures. These range in maturity from CoinBase’s GDAX, to Binance, to Bitstamp, to BitMex, to BittRex, to Poloniex, etc. The evolution of the numerous exchanges will help Verso offer a variety of interconnected exchanges to trade on, ensuring a high degree of liquidity.
Executive Summary & Demo Site
Whitepaper 1.0, Seed Funding, Public Demo Site
Verso Exchange Alpha
Verso Exchange Beta
Verso Exchange Launch!
Verso Decentralized Exchange Alpha Launch
Verso Decentralized Exchange Beta Launch
Verso Decentralized Exchange Launch with Multi-Exchange Platform integrations