DTX Exchange (DTX): A Novel Hybrid Trading Protocol Powered by Unified Layer-1 Blockchain
The previously big gap between DeFi and TradFi is quickly being bridged and leading this charge is DTX Exchange (DTX). This novel hybrid trading protocol will combine the best elements of CEX and DEX and offer a one-stop platform that meets the constantly evolving traders’ needs.
At its heart will be a unified Layer-1 blockchain: VulcanX. Unlike conventional ones, this blockchain can integrate traditional financial instruments with Web3 products. It is designed to interact with everyday assets like stocks and forex and has been hailed by experts as groundbreaking—one of the new DeFi projects to keep on the radar.
DTX Exchange (DTX): A New Hybrid Trading Protocol
DTX Exchange (DTX) is a shift in the norms for several reasons. Standing out, it will combine key elements of centralized and decentralized exchanges—a trailblazer according to industry experts. But which key CEX and DEX elements will it feature?
Notably, some key challenges in the trading scene include inaccessibility to markets and assets, financial exclusion, little liquidity and a complex user interface. Instead of overlooking, DTX’s wallet-based trading will make sure players can participate in the financial markets without relying on formal banking systems.
At the same time, its non-custodial storage solutions will guarantee that assets and funds are securely stored, with the holders having complete ownership—your keys, your assets. Equally important are the distributed liquidity pools, which aggregate liquidity from several pools, both external and internal.
In addition to blending the best elements of CEX and DEX, DTX Exchange aims to bridge the gap between DeFi and TradFi. Beating the competition, it will be the first crypto-native platform to offer traditional assets like stocks, ETFs, forex, commodities and tens of thousands of currency pairs. This one-stop platform aims to reshape the $10 billion global trading scene, not only crypto—a trailblazer, no doubt.
VulcanX: The Unified Layer-1 Blockchain
At the heart of this new and innovative hybrid trading platform is the VulcanX blockchain. Unlike conventional ones, it can interact with assets like stocks, forex and ETFs. The unified L1 chain is designed to integrate everyday financial instruments with cutting-edge Web3 products, gearing up for massive adoption and explosive growth.
Through its proprietary L1 blockchain, VulcanX, users will be able to trade stocks, bonds, ETFs and other assets with a click. There will be no need to circle different platforms, with the DTX exchange serving as a one-stop shop for all trading needs. Interestingly, besides the diverse asset pairs, there will be up to a 1000x leverage on capital.
Moreover, the blockchain’s testnet is live, with an expected TPS of over 100,000. The platform’s impending adoption makes its utility token DTX one of the best cryptos to invest in this cycle.
DTX Token: Higher Growth Prospects Than Top Altcoins
Despite not being as popular as most top crypto coins, DTX Exchange’s upside potential is astounding. As a new cryptocurrency, it has plenty of room for growth and the current price of $0.16 has been called a steal by top analysts.
In round 8 of the ICO, which happens to be the final presale stage, participation can yield up to 25% by the launch date, with the listing price scheduled at $0.20. However, there is more. Industry experts project a 75x jump in value post-launch, outshining even the best altcoins. Primed to explode and shake up the global trading world, it is arguably the best coin to invest in, with over $12.9 million raised in early funding.
Find out more information about DTX Exchange (DTX) by visiting the links below:
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