If you are planning to buy Purplex coins or want to trade on the Purplex DEX, you can benefit from knowing these awesome features of Purplex.
PurpleX is a decentralized crypto exchange (DEX) that is based on the advanced binance blockchain. The exchange can be used for trading a large variety of digital assets, including cryptocurrencies, across multiple exchanges.
Features of Purplex DEX
Advanced features that make crypto trading a safe, convenient and profitable experience for everyone.
Cutting-edge technologies
Purplex DEX is built on the most advanced and secure binance blockchain technology and will use many other advanced technologies and methods to ensure a high-quality trading experience for its exchange users.
100% Decentralized
As a pure decentralized exchange, Purplex allows for peer-to-peer trading of cryptoassets using smart contracts and without intermediaries. These kinds of transactions take place directly between users and have no middlemen involved.
Safe and Secure
Because it is based on Binance, Purplex inherits Binance's secure asset fund for users to help protect their money. It creates a liquidity fund by automatically taking a portion of every transaction fee and uses it in case of financial loss to users.
User-friendly Interface
To make it easy and convenient for everyone in the world to buy and trade cryptoassets, Purplex is built on a really simple and user-friendly interface with a focus on ease of use. It offers three levels organized according to the trading experience of users.
Instant
Crypto trading is fast, but what makes it even faster is the ability to trade without middlemen. At Purplex DEX, you can seamlessly trade cryptoassets directly with other users and without middlemen, which means transactions are faster than centralized exchanges. Moreover, it utilizes the most advanced and optimized binance blockchain with the fastest transaction speed to date.
Powerful Network
Another noteworthy feature of the Purplex DEX is a powerful network and growing community of traders where everyone has complete control over their data and funds. The network is not controlled or owned by any centralized entity. Its users are its owners. It is built and managed through nodes/users and is the most powerful of all exchange networks.
There are many other features and top benefits of Purplex. The highly secure blockchain and smart contracts make it impossible to hack the exchange, which means the user data and funds are always safe. The exchange is 100% and 24x7 online, so you can trade anytime you want. Earnings are credited instantly to user wallets and funds are protected through cryptography. Other features include high transparency with the ability to track disputes, complete anonymity for users and traders, super fast transactions, the immutability of conditions, a fully automated system run through smart contracts and free of human errors, and no human involvement or need, which helps reduce the cost and time of trading.
The Purplex exchange is in the last stage of development and will be launched in the second quarter of 2022. The Purplex coin is already launched and you can buy it from the official website using Metamask.
Source link: https://medium.com/@PurpleX/all-the-features-of-purplex-342f9fd45a4e