AscendEX is pleased to announce the Polkadex token (PDEX) has been listed! Trading will begin on March 3 at 2 p.m. UTC under the trading pair (PDEX/USDT).
AscendEX is a worldwide cryptocurrency exchange that offers a full range of services, including spot, margin, and futures trading, wallet services, and staking support for over 200 blockchain projects, including bitcoin, ether, and ripple.
With a highly liquid trading platform and safe custody solutions, AscendEX has over 1 million retail and institutional clients worldwide. By supporting some of the industry’s most innovative initiatives from the DeFi ecosystem, such as Thorchain, xDai Stake, and Serum, AscendEX has emerged as a leading platform by ROI on its “initial exchange offerings.” Users of AscendEX have first access to token airdrops and can purchase tokens at the earliest feasible time.
Polkadex, based on Substrate, is a fully decentralised peer-to-peer orderbook-based cryptocurrency exchange for the DeFi ecosystem. Polkadex’s major goal was to build a platform that combined the advantages of centralised and decentralised exchanges into a single cutting-edge technology. Polkadex is a cryptocurrency exchange that caters to all crypto traders.
AscendEX’s list includes Polkadex and PDEX
Polkadex is a fully decentralized cryptocurrency exchange based on a peer-to-peer order book built on Substrate for the Defi ecosystem. Polkadex was founded with the goal of merging centralized and decentralized exchanges into a cutting-edge platform that could be used by a wide range of users.
Polkadex was created to facilitate token exchanges in a trustless peer-to-peer ecosystem with high liquidity, lightning-fast transaction rates, and complex trading capabilities. After establishing the initial concept, Polkadex received a Web3 Grant and became a member of the DeFi Alliance.
Polkadex believes that DeFi can assist people all around the world achieve financial independence. They make their platform simple and accessible for users new to the crypto field, in addition to providing sophisticated capabilities for seasoned traders and institutions. They have lowered entrance barriers by focusing on user interface and establishing interoperable bridges to various liquidity sources, including fiat support.
By decentralising asset safekeeping, Polkadex Order Book keeps the convenience of a centralised exchange while eliminating its bottlenecks. On top of Polkadex, Polkadex Orderbook supports a Layer 2 Trusted Execution Environment (TEE). It allows the operator to keep track of orders while also ensuring that he or she cannot tamper with the results because the TEE is encrypted.
Any blockchain token may be rendered non-custodial and trustless on Polkadex thanks to trustless cross-chain bridges. With the Polkadot network, the platform employs Parachain, and with the Ethereum network, it uses Snowfork. Polkadex will be able to integrate with additional liquidity providers in the future with the use of forkless upgrades and integrations. Polkadex will be able to bridge assets from Ethereum to Polkadex in the near future.
Users will be able to qualify for savings on trade fees, engage in Polkadex IDOs, become an on-chain validater of the network, and designate collators and validators using PDEX, the Project’s native currency.Polkadex’s ecosystem continues to flourish, and AscendEX is delighted to support them.
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