DTX Exchange’s hybrid trading platform combines key elements of CEX and DEX; the Layer-1 blockchain VulcanX is designed to link decentralized and traditional.
DTX Exchange
Unlike traditional platforms, the DTX Exchange (DTX) protocol-the latest player at the crossroads between DeFi and TradFi-will feature a hybrid blockchain. It is called VulcanX, designed to interact with conventional financial instruments and allow the trading of stocks, ETFs, bonds and over 120,000 currency pairs.
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On the cusp of adoption, this unified Layer-1 blockchain is gearing up for its mainnet launch. However, the testnet is live, with an expected TPS of over 200,000. Beating the competition, it is among the new DeFi projects to watch out for.
DTX Exchange (DTX): The Modern-Gen Trading Platform
It isn't every day one gets to see an innovative project like DTX Exchange (DTX). Hailed by experts as modern-gen, the platform will combine the best elements of centralized and decentralized exchanges-a hybrid exchange.
The above will see it take a hybrid approach to trading, different from the majority in the crypto trading scene. Further, it aims to bridge the gap between decentralized and centralized exchanges, boosting exposure to the broader financial markets. But there is more.
As a blend of CEX and DEX, its key features will include wallet-based trading, distributed liquidity pools, non-custodial storage solutions and a user-friendly interface. This makes it the best of both worlds, contributing to the growing interest.
Further, the VulcanX blockchain will be at its heart. Designed to integrate traditional financial instruments with cutting-edge Web3 products, it will allow the trading of stocks, ETFs, forex and a wide selection of cryptocurrencies.
Its unified Layer-1 blockchain is one of its most distinguishing features-no surprise it has been called a game-changer. As it prepares to transform the blockchain scene and the broader financial markets, DTX is a promising wave not to miss.
Primary Objectives of the DTX Exchange
It was earlier mentioned how the DTX Exchange platform combines the best elements of CEX and DEX and bridges the gap between DeFi and TradFi. This section will cover its primary objectives.
- Financial Inclusion: By providing access to a wide range of markets and allowing direct trading from crypto wallets, DTX aims to empower millions of unbanked individuals. Those with limited access to formal banking systems can participate in the global financial markets via DTX.
- Advanced Trading Tools: Traders will be equipped with the most advanced tools and features-a modern-gen trading platform. From social and copy trading to trading bots and on-chain analytics, the platform will allow users to make informed decisions.
- Improved Security: Remarkably, its non-custodial storage solutions and other on-chain verifications will guarantee that users’ assets remain secure and under their control at all times.
- Liquidity and Accessibility: Unlike standard platforms, the platform will boost liquidity through distributed liquidity pools-combining liquidity from multiple sources like user deposits and external exchanges. This will, in turn, reduce slippage and make sure traders enjoy a smooth trading experience.
The DTX Token: Why it is Among the Best New Cryptos to Invest In
As it approaches its much-anticipated debut, a buying spree has been unfolding. The number of holders has surpassed 600,000 and over $14.6 million has been raised in funding in record time. With adoption imminent, the DTX token is among the best cryptos to buy.
The final presale round just ended, currently in the bonus stage. Meanwhile, a token is competitively priced and massively undervalued at $0.18, boasting higher growth prospects than most top altcoins. With plenty of room to run and edging out top crypto coins, a 100x gain is projected, positioning it among the best altcoins to buy this year.
Find out more information about DTX Exchange (DTX) by visiting the links below:
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