Home Ethereum Crypto.com Lists New Ethereum-Based mostly Decentralized Trade Token

Crypto.com Lists New Ethereum-Based mostly Decentralized Trade Token

4 min read
Comments Off on Crypto.com Lists New Ethereum-Based mostly Decentralized Trade Token

Singapore-based crypto alternate big Crypto.com is itemizing a low-cap Ethereum-based hybrid liquidity decentralized alternate token.

In a brand new announcement, Crypto.com is introducing IDEX (IDEX), previously AuroraDAO, for buying and selling on the corporate’s app.

IDEX is a multi-blockchain decentralized alternate providing a non-custodial answer for buying and selling digital property. The IDEX token is used to safe the community and incentivize platform adoption.

In response to the Crypto.com press launch,

“IDEX is the primary Hybrid Liquidity DEX that blends the very best of centralized and decentralized exchanges, with the efficiency and options of a conventional order ebook and the safety and liquidity of an automatic market maker (AMM). 

Customers profit from not having to pay extra community prices for putting or canceling orders. Placements are additionally processed in real-time, enabling superior buying and selling. 

IDEX is an Ethereum token that powers the IDEX decentralized alternate. IDEX holders can stake tokens to be able to assist safe the protocol and earn rewards.”

Whereas many new coin listings are likely to spark rallies, the value motion of IDEX is barely responding to the information.

IDEX is at the moment buying and selling for $0.20, down 3.73% within the final 24 hours.

The hybrid decentralized alternate is the second new token Crypto.com has listed this 12 months after final week’s addition of Oasis Network (ROSE).

Examine Price Action

Do not Miss a Beat – Subscribe to get crypto electronic mail alerts delivered on to your inbox

Observe us on Twitter, Facebook and Telegram

Surf The Daily Hodl Mix

Check Latest News Headlines


Disclaimer: Opinions expressed at The Each day Hodl should not funding recommendation. Traders ought to do their due diligence earlier than making any high-risk investments in Bitcoin, cryptocurrency or digital property. Please be suggested that your transfers and trades are at your personal danger, and any loses you might incur are your accountability. The Each day Hodl doesn’t advocate the shopping for or promoting of any cryptocurrencies or digital property, neither is The Each day Hodl an funding advisor. Please word that The Each day Hodl participates in online marketing.

Featured Picture: Shutterstock/EVorona/Natalia Siiatovskaia

Source link

Load More Related Articles
Load More By admin
Load More In Ethereum
Comments are closed.

Check Also

The First Crypto Mortgage: Bitcoin Continues to Quickly Broaden Throughout the US Markets

Crypto regulation has lengthy been a subject of debate in policymaking circles. Because th…