PowerDEX Launches: CEX Performance Meets DEX Freedom | Bitcoinist.com
Singapore, November 21, 2023 - PowerTrade, a leading centralized crypto derivatives exchange announces the launch of PowerDEX (https://dex.power.trade), a...
- PowerTrade has launched PowerDEX, a decentralized trading platform that offers a full range of crypto derivatives, including perpetuals and options.
- PowerDEX combines the benefits of decentralized platforms, such as self-custody of funds and transparency, with the performance and scalability of centralized platforms.
- The platform integrates PowerTrade's True Margin system, multi-collateral, and USDC settled products, providing a unique offering not found in DeFi.
- PowerDEX offers features like request-for-quote (RFQ) interface, advanced trading strategies, and a robust API for users to integrate or build trading tools.
- It supports up to 10-leg structures and provides specialized trading screens for options and derivatives, catering to both retail users and professionals.
- The platform is designed for speed, reliability, and scalability, bringing institutional-grade tools to DeFi.
- PowerDEX is guided by a seasoned team of industry veterans with experience in traditional finance and the cryptocurrency sector.
- The platform is currently in invite-only beta and will be open to traders soon.
The overall sentiment of the article is positive. It highlights the unique features and benefits of PowerDEX, emphasizing its potential to redefine on-chain trading and bring institutional-grade tools to DeFi.