Decentralized Futures - Traders' Salvation in 2023 After the | Bitcoin Industry
Decentralized Futures - Traders' Salvation in 2023
After the collapse of FTX and many investment funds, most users questioned the reliability of centralized exchanges. CEX exchanges hold user funds and also require KYC verification with personal information about users.
On the other hand, centralized exchanges have the main tool of traders - futures, which help traders to maximize profits from each transaction.
So what to choose here? Safety or leverage?
There is an opportunity to choose both options. The Decentralized Dexilon exchange allows traders to trade derivatives so that can users keep their funds solely in their wallets.
The main features and benefit of Dexilon:
- No KYC required
- Ability to trade futures with 10x leverage
- Deflationary DXLN token
- Custom blockchain processes 1000 transactions per second (TPS), which allows users to open positions instantly on DEX
- Every user keeps his funds in his wallet
- Minor 0.05-0.015% trading fee compared to other decentralized exchanges
- CEX-like user-friendly and handy terminal
At the moment Dexilon is in the testnet stage and will be available on the mainnet very soon. March is a month of updates.
At the current stage of the project, Dexilon appreciates and rewards new users and community members. There is an ongoing contest in social networks, so you can take part:
- Telegram EN chat
Other official links can be found on our website and in the Telegram EN chat
