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PRESS RELEASE. AscendEX is excited to announce the listing of the Polkadex token (PDEX)! Trading will begin under the trading pair (PDEX/USDT) starting on Mar 3 at 2 p.m. UTC.
Polkadex is a fully decentralized peer-to-peer orderbook-based cryptocurrency exchange built on Substrate for the DeFi ecosystem. Polkadex was created with the idea of combining centralized and decentralized exchanges into one cutting-edge platform catering to all types of users.
Polkadex was designed to allow the exchange of tokens in a peer-to-peer trustless environment, while enabling high liquidity, lightning-fast transaction speeds, and advanced trading features. Polkadex was bootstrapped by a Web3 Grant and became a member of the DeFi Alliance after developing the original concept.
Polkadex believes that DeFi can help set people free financially throughout the world. In addition to offering robust features for seasoned traders and institutions, they make their platform simple and accessible for users new to the crypto space. By focusing on UI and building interoperable bridges to different liquidity sources, including fiat support, they have lowered barriers to entry.
With Polkadex Order Book, the platform retains the convenience of a centralized exchange while eliminating its bottlenecks by decentralizing asset custody. Polkadex Orderbook implements a Layer 2 Trusted Execution Environment (TEE) on top of Polkadex. It allows the operator to maintain an order book while also ensuring that he or she cannot manipulate the results since the TEE is cryptographically protected.
Through trustless cross-chain bridges, any blockchain token can be made accessible on Polkadex in a non-custodial, trustless manner. The platform uses Parachain with the Polkadot network and Snowfork with the Ethereum network. In the future, Polkadex will be able to integrate with other liquidity providers using forkless upgrades and integrations. Polkadex will also soon have the ability to bridge assets from Ethereum to Polkadex.
Through PDEX, the Project’s native token, users will be able to qualify for discounts on trading fees, participate in Polkadex IDOs, become an on-chain validater of the network, and nominate collators and validators.
AscendEX is proud to support Polkadex as their ecosystem continues to grow.
About AscendEX
AscendEX is a global cryptocurrency exchange with a comprehensive product suite including spot, margin, and futures trading, wallet services, and staking support for over 200 blockchain projects such as bitcoin, ether, and ripple. Launched in 2018, AscendEX services over 1 million retail and institutional clients globally with a highly liquid trading platform and secure custody solutions.
AscendEX has emerged as a leading platform by ROI on its “initial exchange offerings” by supporting some of the industry’s most innovative projects from the DeFi ecosystem such as Thorchain, xDai Stake, and Serum. AscendEX users receive exclusive access to token airdrops and the ability to purchase tokens at the earliest possible stage.
To learn more about how AscendEX is leveraging best practices from both Wall Street and the cryptocurrency ecosystem to bring the best altcoins to its users, please visit www.AscendEX.com.
For more information and updates, please visit:
Website: https://ascendex.com
Twitter: https://twitter.com/AscendEX_Global
Telegram: https://t.me/AscendEXEnglish
Medium: https://medium.com/ascendex
About Polkadex
Polkadex is a fully decentralized peer-to-peer orderbook-based cryptocurrency exchange for the DeFi ecosystem built on Substrate.The main idea behind Polkadex was to create a platform that would combine the benefits of centralized and decentralized exchanges into one cutting edge technology. Polkadex caters to all crypto traders.
For more information and updates, please visit:
Website: https://www.polkadex.trade/
Telegram: https://t.me/Polkadex
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