Apart from being a multi-currency wallet allowing peer to peer transactions, and the native wallet of VTX, Verto also bridges Blockchains to communicate with each other like EOS and Ethereum.
Verto offers its users the opportunity to access DeFi protocols offered on Ethereum and Eos.
VERTO, an innovative wallet that supports peer-to-peer digital asset transactions while eliminating the risks of using a centralized exchange.
VERTO helps you manage thousands of tokens including VTX, the native utility token issued for use in the VOLENTIX ecosystem to operate and manage its various functionalities like staking, voting, and submitting public proposals.
VERTO owners maintain control of their private keys on their local device so that custody of assets is not ceded to third parties. VERTO, therefore, seeks to eliminate the hacking and error-based risks associated with trusting a third-party intermediary.
The Volentix Dev team has included the BTC chain on the vDex node. By doing so we are keeping the network running in a decentralized fashion so that anybody at any time can be able to process transactions on the vDex.
This way the community plays its role in decentralization and receives subsidies by from a cryptocurrency that is used as a fee mechanism for the exchanges.
Transaction fees collected are used to buy VTX from the open market.
