Despite being in its infancy, the intersection of DeFi and TradFi is currently among the hottest narratives. DTX Exchange (DTX), a hybrid trading platform that combines key elements of CEX and DEX, leads this movement and is hailed by experts as the next big thing.
It aims to reshape the global trading scene by combining DeFi and TradFi—a one-stop platform for all trading needs. Traders will not need to circle between different exchanges for asset management and some of its key decentralized features will include wallet-based trading and non-custodial storage solutions.
DTX Exchange (DTX): Blending DeFi and TradFi
Traditional finance might be centuries old and DeFi less than two decades old, but both have their competitive advantages. Meanwhile, DTX Exchange (DTX) aims to bridge the gap between both, hailed as the future of trading.
As the first crypto-native platform to offer traditional financial instruments, adoption is all but certain. Users can trade conventional asset classes like stocks, ETFs, forex and over 120,000 currency pairs. At its heart and playing a key role will be a unified Layer-1 blockchain, VulcanX.
Taking a bold approach, this blockchain is designed to interact with everyday finance. It will integrate traditional financial instruments like stocks and forex with Web3 products—a crucial link between DeFi and TradFi.
The blockchain’s testnet is live, with a TPS of over 200,000. Further, by combining the key elements of CEX and DEX, the platform’s interface will be intuitive and user-friendly while featuring decentralized elements like non-custodial storage solutions and wallet-based trading. Some challenges it aims to solve include financial exclusion, global inaccessibility to markets and centralization, primed for massive adoption.
The Next-Gen Trading Platform and its Innovative Solutions
DTX Exchange is a new DeFi project to keep on the radar for several reasons. Called a game-changer by analysts, it will combine key elements of CEX and DEX and bridge the gap between decentralized and traditional finance—a modern-gen trading platform.
Its innovative solutions will be highlighted and explained below.
- Non-Custodial Storage to Improve Storage: Considering the risk around centralized custody solutions, DTX will employ a non-custodial solution. Users will retain full control of their private keys and assets, standing out from centralized exchanges.
- Wallet-Based Trading for Financial Inclusion: Worried about limited access to global financial markets? DTX embraces financial inclusion by allowing users to trade directly from crypto wallets without requiring bank accounts—a game-changer, no doubt.
- Improving Liquidity Through Distributed Liquidity Pools: Designed to tackle liquidity issues in the market, it will combine funds from various sources, including liquidity providers, external exchanges and user deposits. It will offer traders competitive and consistent prices as a result, even during peak market periods.
- Expanding Asset Classes Through Tokenization: One of its biggest attractions will be offering tokenized assets representing real-world financial instruments and tangible assets. By tokenizing traditional assets and representing them on the blockchain, traders can access different markets and assets.
DTX Token: The Best New Crypto to Invest in?
As a top ICO, it is no secret that the DTX token has higher growth prospects than most top crypto coins. It skyrocketed 700% in the past few months, soaring from $0.02 in the first ICO round to $0.16 in the current and final ICO stage—one of the best presales to invest in.
With its launch date around the corner—scheduled for Q1—it might be the best ICO to invest in. Experts predict an 85x jump in value after its debut on top exchanges, pushing early funding past $13.7 million. On the cusp of shaking up the market, it is a bullish wave worth taking advantage of.
Find out more information about DTX Exchange (DTX) by visiting the links below:
