Understanding Shrimpy’s New DEX Trading Feature

DEX trading is one of crypto's newest but also most complex investment options as of late. Decentralized exchanges are trustless peer-to-peer (P2P) trading environments relying on smart contracts that help facilitate crypto exchanges. The clear benefits of DEX trading are security, anonymity, and greater user control. Although decentralized exchanges, and DeFi as a whole, have gained immense popularity over the past two years, the segment is still considered new by many in the community. A large chunk of crypto investors still does not feel…

A Beginners Guide to Trade Mining – 2021 Edition

Trade mining is a feature in the DeFi space that continues to gain in popularity. The concept combines the essence of yield farming with staking and mining in a unique way. As such, it enables users to secure passive rewards securely and in a stress-free manner. What is Trade Mining Trade mining systems operate as incentivization protocols for exchange users. Trade mining tokens mint every time a person conducts a transaction on a participating DEX (decentralized exchange). Like mining, these…

Uniswap v3 Prepared for Layer-two Scaling on Arbitrum and Optimism

The Uniswap community voted in support of launching the prime decentralized exchange's v3 iteration on layer-two scaling solution, Arbitron. Uniswap's inventor, Hayden Adams, announced the vote on May 27, disclosing the proposal's governance vote obtained d 41.35 million votes in favor and zero opposing votes from UNI token holders. Uniswap is now setting up layer-two implementation on both Arbitrum and Optimism. 1/ The @Uniswap community has spoken with overwhelming support in favor of an Arbitrum deployment of Uniswap v3! So…

What are Crypto-to-Crypto Exchanges and Why They are Important

Crypto-to-crypto exchanges remain a critical part of the blockchain sector. These platforms help regular users exchange one kind of digital asset for another based on the given assets' market value. Since the earliest days of the crypto market, there has been a demand for these services. Nowadays, there are a variety of different crypto-to-crypto exchange protocols in the market.  Centralized Exchanges Centralized exchanges are the most popular type of crypto-to-crypto exchange. These platforms allow users to load their funds onto…

7 Reasons Why You Should Trade on the Block DX Decentralized Exchange

Cryptocurrency exchanges offer a seamless way to exchange digital currencies for other crypto assets or conventional fiat money. The advancement in cryptocurrency exchanges has been instrumental in spurring mainstream crypto adoption.  Crypto exchanges are grouped into two broad categories: centralized exchanges (CEXs) and decentralized exchanges (DEXs). Centralized exchanges, also referred to as custodial, are controlled by a central authority in charge of users' digital assets. They feature a highly regulated trading environment and also involve third parties. Decentralized Exchanges Decentralized…

GODEX Anonymous Swap Exchange – Privacy over Everything

The Age of Anonymous Exchange Nowadays, many countries enforce crypto exchanges to comply with Know Your Customer (KYC) rules and hence abandoned crypto transactions' anonymity. Under such circumstances, the popularity of anonymous crypto exchanges rises, and more crypto-enthusiasts are looking for alternatives to the existent exchanges caring about personal data security. Introducing Godex - Where Anonymity is Everything Since the number of cryptocurrency users and its total capitalization is constantly growing and is predicted to grow in the future, there…

Everything You Need to Know About Anyswap DeFi

Every day, the blockchain space makes vital steps towards widespread adoption. In the race towards widespread adoption, major bottlenecks such as scalability and interoperability need to be resolved. Indeed, blockchain technology has dramatically impacted several industries, including finance, Internet of Things (IoT), marketing and advertising, supply chain and healthcare, etc. However, the full potential of the blockchain technology is yet to be harnessed due to numerous adoption challenges, including the ones mentioned above.  Nonetheless, new blockchain platforms are well designed…

Hybrid Crypto Exchanges: The Perfect Blend of DEX and CEX Solutions

Cryptocurrency exchanges arose from the need to trade digital currencies, just like in forex trading. If one wishes to change hard currency into digital currency, they use crypto exchanges to acquire such assets as bitcoin stored in digital wallets.  Types of Crypto Exchanges However, despite their unprecedented growth and infiltration into markets, cryptocurrencies cannot replace conventional and traditional platforms. This necessitated a look into how physical platforms could be incorporated with cryptocurrencies. Thus, centralized and decentralized exchanges emerged.  Centralized exchanges…

Centralized VS Decentralized Exchanges: Which One is The Future of Crypto Transactions

How is trading cryptocurrencies different from trading any other assets like fiat currency, stocks, or bonds? There are quite a few distinctions, but the main difference is that cryptocurrencies have their own trading exchanges, which are either centralized or decentralized. In recent years, cryptocurrencies have grown in popularity and adoption. This is because they offer super cheap borderless ways of sending and receiving money and new investment opportunities. Additionally, many people migrate to cryptocurrencies as stores of value to protect…

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