What is DemX?

DemX is a decentralized crypto metal exchange where users can collect, swap, stake, transfer gold and other digital precious metals. Each digital token owned is backed and stored in LBMA’s vaults, physically. Each crypto metal token represents one gram of physical precious metal bar. How DemX vision works?

• Backed crypto currencies has low volatility
• Crypto metals derive their value from the physical metal they're backed with
• Crypto metals have limited supply and traditional value
• Crypto metals provide natural economic cycle with limited supply
• Backed crypto assets is allowed in Muslim countries
• DemX has profit share mechanism with no interest.

DemX coin is the L1 native shariah-compliant utility token of the DemX protocol built with PoA consensus. The DemX coin has a kind of ETF structure and backed by various precious metals which makes it easy for investors to diversify their portfolios –reduce risk against bear market.