The financial landscape might be rapidly growing and traders’ needs evolving but occasionally, innovative projects spring up and steal the spotlight. One such is DTX Exchange (DTX), the first hybrid trading platform to combine key elements of CEX and DEX.
This new player aims to bridge the gap between traditional and decentralized finance by giving traders access to different financial markets—a trailblazer, no doubt. It will be the first crypto-native to offer stocks, ETFs, forex, commodities and over 100,000 currency pairs.
DTX Exchange (DTX): Combining CEX and DEX
DTX Exchange’s (DTX) blend of traditional finance and DeFi is its biggest appeal. Its vision is to make the financial markets accessible via a single platform—a bold move, if anything. To achieve this, it will combine key elements of CEX and DEX and at its heart will be a unified Layer-1 blockchain, VulcanX.
Given the many challenges within the $10 billion global trading landscape, notably financial exclusion and global inaccessibility to markets, a change couldn’t be more urgent. This one-stop trading platform will have a user-friendly interface and decentralized principles like privacy and security. In addition, it will include features like wallet-based trading, non-custodial storage solutions, asset tokenization and distributed liquidity pools.
Equally important, its unified blockchain, VulcanX, is designed to interact with conventional asset classes like stocks, ETFs and forex—one of the most innovative projects this year. Through tokenization, traditional financial instruments can be represented on the blockchain, allowing partial investment in everyday finance.
DTX Exchange (DTX): Key Aspects of the Trading Platform
DTX Exchange’s solid fundamentals position it as perhaps this year’s best crypto investment. Its key feature is its hybrid model—a combination of elements of both centralized and decentralized exchanges.
Meanwhile, like every crypto-based project, it will be built on the blockchain and have smart contracts. This smart contract will assist with secure and automated transactions, making sure all trades are executed as intended.
Further, it will feature an on-chain order book and distributed liquidity pools. The former will help maintain a transparent record of all buy and sell orders and ensure the trading process is open and verifiable. On the other hand, it will employ distributed liquidity pools by accumulating liquidity from multiple sources, thereby reducing slippage and creating a more efficient trading environment.
Why DTX is a Good Crypto to Buy
Currently flying under the radar, Tier-1 exchange listings will put DTX into the spotlight, potentially breaking into the top 10 cryptocurrencies. The DeFi coin stands out for its tangible applications, from being a utility token to staking and governance.
In the seventh round of the ICO, it costs just $0.14, skyrocketing over 500% from the initial price of $0.022. It is tipped by experts to rise as high as 100x this year, poised to overtake top crypto coins and lead this bull run. With plenty of room to run as a top ICO, it is arguably the best new crypto to invest in this cycle—a must-have.
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