Connecting to a Centralised Exchange

Centralised Exchanges and connecting them to the Issuer Application

A centralized exchange is a platform that allows for the buying, selling, and trading of tokens. Exchanges act as an intermediary between buyers and sellers, and typically require users to create an account and go through a verification process in order to use their services. The exchange holds the user's funds in a central location and is responsible for executing trades on behalf of the user.

A deposit wallet on a centralized exchange is a digital wallet that is associated with a specific user account on the exchange. It is used to store and manage digital assets, such as tokens, that are deposited by users for the purpose of trading or holding.

Important: The CEX deposit wallet is controlled by the centralized exchange, and users do not have direct access to their deposit wallets. The CEX holds the private keys, so it's important to make sure to choose a reputable exchange and be aware of the risks of custody of assets on a centralized platform.

Intro:

The Centralized Exchange (CEX) feature allows investors to transfer tokens from their wallet whitelisted in the Investing platform, to the wallet provided by the CEX (deposit wallet).
This functionality is part of the secondary market, since includes transactions between investors.

Benefits:

By setting up a partnership with a centralized exchange, you can add liquidity to your security token by allowing investors to add funds and trade other assets such as stablecoins or cryptocurrency.

This partnership can provide benefits such as high trading volumes and many active users, which can make it easier for them to buy or sell tokens quickly at a fair price.

Additionally, centralized exchanges offer a wide variety of trading pairs, making it convenient for users to find the tokens they are looking for and execute trades.

How to allow to trade my token in a CEX?

1. Navigate to Secondary market → CEX and you can see a list of your supported exchanges.
   If you are interested in adding a new item to the list, don't hesitate to get in touch with your customer support agent.

2. Allow the selected CEX from the switcher and confirm the operation.
   * This will enable the Centralized exchange section at the Investing platform, and Investors will be able to add their deposit wallets

How to manage investor's deposit wallets?

In order to transfer tokens from the wallet qualified at Investing platform, to the deposit wallet on the CEX, the investor must perform a request.

You can manage requests from Secondary market → CEX → Deposit wallets

Once deposit wallet created by the investor, you can:

• Approve: will qualify the deposit wallet for the T-REX token, in order to allow the investor to transfer tokens to it.

• Reject: the request is rejected. The investor won't be able to transfer tokens to the CEX.
  You can re-approve the requests after rejecting them.

• Revoke: After approval, you can revoke the qualification for the deposit wallet, and investors will no longer be allowed to send tokens to it.

• Retry: If any operation regarding the deposit wallet fails, you can retry to perform it.

• Delete: You can delete any pending or rejected deposit wallet request. This will allow investors to create a new request.

Note: It is possible to select and approve multiple Wallet addresses by filtering those in the same status and taking an action on multiple selected addresses.

How can I remove a Centralized Exchange ?

1. Log in the Issuer platform → Token tab → Secondary market section → CEX

2. Disallow the CEX from the switcher and confirm the operation. This will disable the Centralized exchange at the Investing platform, and investors will be unable to add new deposit wallets or send tokens from the CEX section

It is important to note that existing deposit wallets will remain qualified, allowing for token transfers.
To prevent this, the deposit wallet qualification must be revoked.