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The $3.2 billion global trading market, growing at a rapid pace on the one hand, is also evolving—conventional approaches are giving way to increasing decentralization. Instead of isolation, the future of finance will be a blend of DeFi and TradFi, with DTX Exchange (DTX) championing this movement.
A unified hybrid blockchain, VulcanX, designed to integrate traditional financial instruments with Web3 products, will be at its heart. The Layer-1 blockchain will allow the trading of stocks, ETFs, bonds and other crypto assets, hailed as groundbreaking by experts.
DTX Exchange (DTX) has been in the spotlight since debuting on the ICO block. From its explosive growth to solid fundamentals, there isn’t less to be excited about. More importantly, its hybrid approach to trading has been hailed as visionary—rightfully so.
Its future transformation of the global trading landscape involves combining the best elements of centralized and decentralized exchanges. Considering how traditional or decentralized exchange types aren’t enough to meet the evolving needs of traders, DTX will build a hybrid trading platform that combines their best elements.
At the heart of the trading ecosystem will be the Layer-1 unified blockchain, VulcanX. Unlike anything ever seen, it will bridge the gap between TradFi and DeFi, designed to interact with conventional assets like stocks, bonds, forex and ETFs, alongside cryptocurrencies. The testnet has already launched, with an expected TPS of over 100,000.
Unlike existing protocols, DTX Exchange will bridge the gap between traditional and decentralized finance while blending the best elements of CEX and DEX. Top analysts have hailed it as one of the new DeFi projects to keep on the radar, contributing to the rising interest.
As a trailblazer, it has several distinguishing features, some of which will be highlighted below.
1. Hybrid Trading Model: Its hybrid approach to trading will combine elements of centralized and decentralized exchanges, notably wallet-based trading, a user-friendly interface and non-custodial storage solutions. It will prioritize a good user experience while maintaining decentralization principles like security and privacy.
2. A Unified Blockchain: VulcanX, its unified Layer-1 blockchain, is designed to interact with everyday assets like stocks, forex and ETFs, alongside cryptocurrencies. It stands out as a result—a game-changer, to be frank.
3. Smart Contracts: Secure transactions couldn’t be overemphasized, which smart contracts guarantee. This will be crucial in facilitating safe and automated transactions, making sure trades are executed as intended.
4. On-Chain Order Book: What better way to maintain a transparent record of all buy and sell orders? This will make sure that the trading process is open and verifiable by all parties.
As a top ICO and a new cryptocurrency, DTX has plenty of room for growth, dwarfing top crypto coins. This contributes to the rising demand, pushing it above $11.7 million in early funding. The 500% uptick in the past few months further highlights trust in its potential.
In the seventh stage of the ICO, the DTX token costs just $0.14, with the listing price at $0.20—another 40% gain. Meanwhile, industry experts predict a 90x jump in value after its scheduled listing on top exchanges like Uniswap and Binance—a top pick over most top altcoins. Set to explode, it is arguably the best new crypto to invest in.
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Disclaimer: Analytics Insight does not provide financial advice or guidance on cryptocurrencies and stocks. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. This article is provided for informational purposes and does not constitute investment advice. You are responsible for conducting your own research (DYOR) before making any investments. Read more about the financial risks involved here.
