Decentralized exchanges are changing how crypto gets traded. But what is a DEX, what are the benefits, and why haven’t we seen more of them?
Venus Protocol is a decentralized money market protocol for lending and borrowing cryptocurrencies. It provides low-cost, fast transactions and allows users to take out loans with fast issuance and no credit check. Unlike centralized lenders, such as BlockFi and Celsius —who declared bankruptcy and froze user withdrawals in 2022—users don’t need to sign up with […]
On Jan. 30, a group of cryptocurrency developers and organizations officially launched a project called Wrapped Bitcoin (WBTC) on the Ethereum network. The ERC20 token is a coin backed by bitcoin core (BTC) reserves and has started trading on several exchange platforms. Also read: A Look at Openbazaar’s Multi-Currency Wallet and Vendor Listings The Introduction of […]
The post The ”Wrapped Bitcoin” Project Has Now Officially Launched on Ethereum appeared first on Bitcoin News.
Decentralized cryptocurrency exchanges are getting better. They’ve still some way to go before they match the UX of the best centralized exchanges, or facilitate cross-chain trades for that matter, but they’ve come a long way since the Etherdelta days at least. In a week where Ethfinex Trustless debuted, we review four of the top ERC20 […]
The post Review: A Side-by-Side Comparison of Decentralized Exchanges appeared first on Bitcoin News.