InstantDEX (Beta) is a decentralized exchange that is currency agnostic. It connects to exchange APIs and gives a single unified view of all exchanges – automatically detecting arb opportunities. InstantDEX allows cross coin trading of both altcoins and BTC without the need for any centralized exchange – thus keeping your assets safe and secure.
The “Instant” of InstantDEX refers to the core nature of this exchange: the exchange exists in a decentralized fashion across all machines in the network. Orderbooks are instantly updated and trades instantly cleared as they are matched. This is possible due to an advanced p2p messaging protocol, which will also include methods for private currency transactions and messaging via the BTCD components of teleport and telepathy.