Jan 7
PrivacySwap 2.0 playbook: DEX
It’s 2022! This means PrivacySwap DEX is about to be launched. Therefore, we will cover what DEX is and why you should choose PrivacySwap DEX over others.
PrivacySwap’s 2021 is full of fantastic feature releases. However, we are yet to release two of our amazing features, the PrivacyCard and the DEX. So, to inform you of how our DEX works along with all its amazing subfeatures, we are here on the last episode of PrivacySwap Playbook: featuring DEX.
We also covered the PrivacyCard in this series. So if you are interested to read and learn PrivacyCard’s unique features, read them here.
What is DEX and why do we want one?
We always envision that the DeFi future would be to offer what everyone might need. In addition, we aim to uplift the already secured platform and to lessen the fees imposed in every transaction.
Therefore, we see that having our own DEX is the most viable solution. By definition, DEX, or decentralized exchange, is a platform that helps investors with peer-to-peer transactions. DEX has no affiliation with any bank or government organization, unlike CEX or centralized exchanges. Instead, DEX platforms use smart contracts to ensure the security of the transaction. Furthermore, when trading, users can maintain complete control over their assets.
We saw how users benefit from the DEX. In addition, having an all in one ecosystem will eliminate extra gas fees from transferring from one platform to another.
Combining all the DEX unique features and how beneficial these are to the users, we created PrivacySwap DEX.
PrivacySwap DEX’s features and why you should choose it
PrivacySwap DEX embodies the same qualities as most DEXs. However, we have PrivacyCard that allows you to reload conveniently via MetaMask. Among other things, you can also use the debit card to cash out all the supported cryptocurrency in any supported ATM terminals.
Our new DEX will also feature a card loading platform under web3 wallet. This ensures a much safer and cheaper transaction.
We know you might be asking, how about the token? Initially, we thought of a dual token system. This time we merge both utility and governance into one token, the PYDEX. This token is an upgraded version of both tokens. Since there is only one token, token management would be easier and more convenient. In addition, there will also be a lesser transaction fee as you only have one token to trade.
Last but not least, we brought the security and privacy DeFi space offers into our DEX. So, you can assure that our fantastic smart contract will keep your crypto transactionc safe.
Conclusion
PrivacySwap foresees 2022 as a great year for the crypto world as many people started to adapt to it. Thus, providing an ecosystem that will prevent these new investors from experiencing hassles on the DeFi space.
With our DEX, we ensure that everybody’s crypto transaction will be safe, secure, convenient, and affordable!
Engage with us now!
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