The 1Inch Limit Order Protocol’s Total Trading Volume Hits $1B

In a recent tweet today, 1Inch revealed the total trading volume of its limit order protocol had reached the $1B mark. The news comes after the network announced its expansion on Ethereum Scaling Solution Arbitrum to reduce transaction costs. 1Inch Displays a Huge Growth Potential In a blog post, the co-founders at 1inch, Anton Bukov, and Sergej Kunz, announced they had deployed 1Inch's Limit Order protocol to Arbitrum. The DEX aggregator has been among the most significant networks mitigating scaling challenges.…

LCX Partners With Polkadot to Establish New DEX Aggregator

The Liechtenstein Cryptoassets Exchange (LCX) has announced the release of Fire Salamander on Polkadot, following the integration with Uniswap. The innovative Decentralized Finance (Defi) tool is a powerful Decentralized Exchange (DEX) Aggregator aiming to ease transactions within the Defi space. The next-gen DEX aggregator will use web 3.0 technology. LCX is the first known parachain candidate managed and created directly by the core team of a centralized exchange within the Polkadot ecosystem. LCX is a fast-growing blockchain company showing their…

Beginner’s Guide on The Shiba Inu Coin

Cryptocurrencies are still wildly volatile. There’s probably no industry as risky as the crypto space. It’s over a decade now, and still, cryptocurrency investors warn that people should only invest what they are ready to lose. However, it’s, on the other hand, one of the most lucrative, and this brings sense to the concept of high risks promising more significant returns. The industry is currently on fire over two sets of crypto projects; NFTs and the Shiba dog-inspired coins. Well,…

Bogged Finance Offers Limit Orders on PancakeSwap and More

Bogged Finance leverages an advanced trading interface and decentralized token to introduce some new features and a unique business model to the market. The developers behind the concept seek to bring DEX users to access to various tools usually allocated to centralized exchanges, such as limit orders. The platform integrates a smart contract deployment mechanism that enables the BOG token to run protocols in real-time to accomplish this task.  What Problems Does Bogged Finance Attempt to Fix? Currently, PancakeSwap users…

DeFi Dark Horse: MDEX Decentralized Cryptocurrency Exchange

The rapid growth of DeFi (Decentralized Finance) has seen an increase in the demand for technical infrastructure and made the existing DeFi sector very dynamic. Most importantly, DeFi growth has brought congestion in the Ethereum blockchain resulting in an immense rise in the GAS fees and higher ETH prices. The effect has been the increased development of other chains, notably the Huobi Ecological Chain (Heco) and its platforms.  One such platform built on the Heco Chain, taking the Decentralized Exchange…

Best DeFi Decentralized Exchanges – 2021 Edition

It’s no secret that DeFi decentralized exchanges (DEX) are on the rise. These unique networks provide users with more security, lower fees, and privacy options not available on centralized options. DeFi DEXes combine the benefits of a peer-to-peer non-custodial approach with the earning potential of DeFi (decentralized finance). For these reasons, they are now more popular than ever.  If you are new to the crypto space, DEXes, or DeFi, there is a lot to unpack. These networks are often less…

The Bisq Exchange – An Easy to Follow Guide for New Users

The Bisq exchange was one of the first DEXs (decentralized exchanges) to enter the market. The platform facilitates crypto trading in a peer-to-peer manner and via a non-custodial protocol. According to the platform’s creator, Bisq is a code more than a company. It’s an open-source project organized as a decentralized autonomous organization (DAO) and built on top of Bitcoin's blockchain. Features of the Bisq Exchange Bisq’s coding is available on Keybase and GitHub. As one of the first successful DEXs in the market,…

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…

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…

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