Grand Cayman, Cayman Islands, April 1, 2024, Chainwire
quick take
- BSXBacked by the Base Ecosystem Fund, the company raises the bar as one of the world’s leading high-performance decentralized exchanges, combining the benefits of centralized exchange and self-custody with an enhanced platform that offers the best of both worlds. We aim to provide a unique DeFi trading experience. Characteristics of decentralized exchanges.
- BSX will begin trading on Base L2 Mainnet Alpha on April 1, 2024.
After the conclusion of the public testnet trading phase in Q1, BSX, the new standard for premier high-performance decentralized exchanges (DEX), is scheduled to begin trading on Base L2 Mainnet Alpha on April 1, 2024 is.
BSX is backed by a number of prominent investors including Base Ecosystem Fund, Bankless Ventures, CMS Holdings, No Limit Holdings, Saison Capital, Kyros Ventures, WW Ventures and others. BSX is also advised by Arthur Hayes, founder and CIO of Maelstrom and co-founder of BitMEX.
BSX aims to provide the ultimate DeFi trading experience, combining the liquidity, premium UX, and user-friendly features of a centralized exchange (CEX) with the pricing and self-custody features of a (DEX). By leveraging the Base network, BSX offers ultra-fast trading and low trading fees while ensuring transparency and accuracy through on-chain payments.
BSX also streamlines the interface and flow for retail traders, allowing them to easily connect to existing wallets, enable one-click trading, and execute transactions securely on-chain. BSX users will have access to a wide range of crypto products including permanent, spot and more all in one place.
Main product contents:
- Low gas trading: Base transaction costs are minimal and highly optimized, allowing for near gas-free settlements. This makes the total transaction cost comparable to CEX.
- unparalleled performance: Our high-performance trading engine provides extremely low latency and instant guaranteed execution. Combined with the one-click instant trading feature, it provides an experience that is equal to or better than CEX trading.
- Self-management and transparency: BSX gives you full control of your funds without hidden counterparty risks by settling all trades on-chain. your keys, your coins.
- API integration: BSX’s delegated key feature simplifies the use of external trading terminals without exposing your private keys or relinquishing control of your funds.
BSX launched its private testnet in November 2023, welcoming early adopters from an extensive waiting list of 80,000 members. His public testnet in January 2024 saw 5,000 traders participate, contributing to his solid $5 billion in total trading volume during the period.
BSX is positioned to compete with major centralized exchanges such as Binance and OKX, with crypto perpetual trading to begin in April, followed by other products later this year.visit bsx.exchange Trade and join our upcoming exciting rewards program for new traders or visit:
Discord community: https://discord.gg/FWdPe5Vgjr
twitter: https://twitter.com/bsx_labs
Public documentation: https://docs.bsx.exchange/bsx-docs
contact
core contributor
Henry N.
BSX Protocol Foundation
team@bsx.exchange
Source: the-blockchain.com
