Would you rather trade directly from your favorite wallet, quickly, and without needing to go through burdensome KYC or account registration? Do you wish you could just submit orders directly from your own EOS account? Then we have good news. Our DEX will go live in just a few days and will make all of these things possible! In fact, it goes back to what we stated in our whitepaper, that we are a hybrid exchange: combining the best of both worlds--centralized and decentralized.
Centralized exchanges, while providing many advantages, tend to slow you down because you need to first register an account, then deposit your assets, and then find out whether or not you need to undergo KYC in order to be able to withdraw your assets. At the same time, many in the crypto space are concerned about privacy and don’t like the idea of an exchange knowing their identity and the details of their trades and asset transfers. So, it is understandable, then, that some people would not want to undergo KYC and reveal too much about themselves. For those people, or for those who don’t want to spend the time going through all of that just to make a trade, the EOS Dex removes this centralized body that reviews your account and trades, allowing you to trade directly from your wallet or EOS account, quickly and easily, without depositing your assets on the exchange and without having to go through KYC.
The EOSex centralized exchange can handle 100 000 transactions per second, which is blazingly fast. And, the EOS DEX is also no slouch, faster than almost any centralized exchange out there. The centralized exchange is geared towards more professional traders who trade often, offering a suite of technical analysis tools and asset management tools, while the Dex is geared towards casual traders and dApp users. Plus, both exchanges will share liquidity, which will ensure that there is solid market depth for orders placed on either exchange.
EOSex Decentralized Exchange will support Scatter, TokenPocket, and others, for easy login and one-step trading. That way, users retain control over their own assets and private keys. This is a key feature that our users have been asking for, and now it’s here! You will be able to use your EOS wallet to login via a mobile app, such as TockenPocket, or use Scatter to login via desktop. So, it’s kind of how you can log into different websites using your Facebook account, except without the privacy concerns. No doubt, hybrid exchanges are the future of digital exchanges, and, as usual, EOSex is the pioneer leading the way!
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