Despite being in its infancy, the intersection of DeFi and TradFi is growing rapidly. At this crossroads and aiming to reshape the $10 billion global trading scene is DTX Exchange (DTX). Alongside being a hybrid trading platform, its unique Phoenix Wallet will be the ultimate solution for asset management.
The crypto-native platform will be the first to allow the trading of conventional financial instruments—a groundbreaking innovation. Meanwhile, the Phoenix Wallet will guarantee seamless trading of and managing stocks, crypto, ETFs and forex. With adoption imminent, it isn’t surprising that it has been placed among the new DeFi projects to watch out for.
DTX Exchange (DTX): A One-Stop Trading Platform
DTX Exchange (DTX), a blend of DeFi and TradFi, has been hailed—rightfully—as a trailblazer. At the intersection between DeFi and traditional finance, DTX will build the world’s first hybrid trading platform. It will combine the best elements of centralized and decentralized exchanges, giving users a feel of both worlds.
The crypto-native platform will be the first to allow the trading of stocks, ETFs, forex, bonds and over 120,000 currency pairs—a one-stop platform. Users don’t need to circle different platforms before participating in several financial markets; the DTX Exchange platform will be enough.
At its heart will be the novel Layer-1 blockchain VulcanX. It is designed to interact with conventional assets like stocks, forex and commodities, setting it up for adoption in both the blockchain ecosystem and the trading landscape. Moreover, the chain’s testnet has already launched, with an expected TPS of over 200,000.
With adoption imminent given its hybrid approach to trading, it might be the biggest breakout star this year. Meanwhile, DTX, the exchange’s utility token, is poised to explode, positioning it among the best cryptos to invest in.
Phoenix Wallet: The Ultimate Solution for Asset Management
One of the most distinguishing features of the DTX Exchange is the Phoenix Wallet. Hailed by experts as an industry-leading custody solution, there might not be a better way to secure assets. It will be a secure custody solution for diverse asset classes, compatible with DeFi assets and conventional financial instruments.
Standing out, it will assist in trading and managing stocks, cryptos and forex effortlessly, giving access to over 100,000 financial instruments in one unified platform. It will be powered by the VulcanX blockchain, with traders guaranteed lightning-fast transactions and total control over their assets.
In summary, the Phoenix Wallet will simplify portfolio management with unmatched security, cutting-edge technology and the convenience of having a single, secure wallet for all assets. The wallet is live and available on the website, stirring up much buzz already.
DTX Exchange (DTX): One of the Best Altcoins to Invest in This Cycle
As an emerging cryptocurrency, DTX has plenty of room to run, making it a top pick ahead of top cryptos with limited upside potential. Moreover, it has been pre-listed on CoinMarketCap, with a token priced at $0.14 in the seventh ICO round—both undervalued and underpriced.
With the launch date scheduled for Q1, the presale has been selling out fast—over $12.1 million has been raised. Besides the 530% upswing in the past few months, industry experts project a 95x jump in value, positioning it as arguably the best new crypto to invest in.
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