📚Introducing CoinBook

Multi-Chain Peer-to-Peer DeFi Ecosystem

About CoinBook

CoinBook is the first community-driven Decentralized Peer-to-Peer Ecosystem built on CoreDAO and Binance Smart Chain. Bitcoin's whitepaper, which was released in 2008 by Satoshi Nakamoto, stated “a peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without the need for a financial institution”. Over time, cryptocurrency has seen Centralized Exchanges (CEXes) and Automated Market Makers (AMM) come about which was never the goal of crypto.

Our vision is to memorialize the original purpose of Web3, which is direct Peer to Peer interaction and engagement with no intermediary or middleman.

CoinBook’s Decentralized Peer-to-Peer Exchange allows for one party to list their tokens in exchange for other tokens on the CoreDAO blockchain powered by smart contract technology. When trading on a CEX, charts and other market aggregators are used to determine the optimal time to buy, sell, or hold cryptocurrencies. CoinBook gives you more control over who buys your crypto and who you buy from, such as the pricing and settlement time.

• No Centralized Exchange (CEX)

• No Automated Market Maker (AMM)

• Authentic Trading Utilizing Smart Contract Technology

CoinBook Advantages

With CoinBook users trade party to party, not against a liquidity pool. This peer-to-peer trading offered by CoinBook is fully decentralized and powered by smart contract technology meaning you have full control of your assets (you keep full-custody). CoinBook does not require customers to KYC which guarantees your privacy. Compared to Centralized and Swap Exchanges, CoinBook offers lower fees for its users.

You no longer need to worry about slippage or market price impact when trading on CoinBook. A lot of tokens on the market have low liquidity, so if you make a big purchase you end up making a high price impact resulting in you receiving less tokens than you initially expected to. With CoinBook, you are in more control of your trade experience and tokens. Additionally, our users will never experience transaction front-running by bots as they would on any other DEX.

Tokenomics, buy and sell taxes, can be avoided when trading peer-to-peer on CoinBook because you are trading between users and not a traditional Swap Exchange.

The following documentation details the functional and technical aspects of the ecosystem products, including specially made tutorials to walk you through all of CoinBook’s innovative features!