Centralized exchanges play an essential role in the cryptocurrency industry, offering the necessary liquidity for the market to function and connecting crypto and fiat currencies. However, and although they offer unparalleled convenience, centralized exchanges have a long history of hacks and exploits.
The need for decentralization and improved security led some ingenious minds in the cryptosphere to create the first decentralized exchanges (DEXs). While centralized exchanges are responsible for the majority of the trading volume in the crypto space, DEXs have been surging in popularity and adoption since the DeFi summer of 2020.
While both types of exchanges offer different advantages and downsides, there is still no connection between them. Aiming to bridge this gap, a revolutionary new trading platform is now being released that offers a superior value proposition to the competition.
Zenfuse – Removing the Barriers between Centralized Exchanges and DEXs
Zenfuse is an all-in-one trading platform that stands out by combining the best of both worlds. The vision behind the project is to reshape the crypto exchange market, allowing traders to interact with several centralized exchanges and DEXs all under one user-friendly interface.
Users of the Zenfuse platform will be able to perform trades seamlessly in over 15 exchanges and DEX protocols, including Bitglobal, Bibox, PancakeSwap, and the current largest DEX Uniswap.
The platform will register the full history of trades and all profits and losses, allowing for close monitoring of portfolios. Users will be able to place limit orders on DEXs and orders in staircases, allowing for a certain degree of automatization and potential increased profits.
Zenfuse will also offer the ability to see trades on the chart. A customizable news aggregator, which selects information based on preferences, will allow users to keep themselves updated on market events 24/7.
Beyond the tools mentioned, one of the most distinguished features of Zenfuse is the panic sell button. Allowing traders to move all their altcoin holdings into Bitcoin with just a click of a button, this simple but efficient feature will save a lot of time and help prevent losses.
Finally, another interesting feature that is currently being worked on is crypto indexes. This will allow users to buy an index, which represents the value of several different cryptocurrencies, thus diversifying their holdings and consequentially minimizing risks.
Closing Thoughts
After DEXs took the crypto market by storm, it is time for a new revolution. Zenfuse aims to fulfill the growing need for a platform that will seamlessly merge all the best exchanges under a single interface.
Thanks to its user-friendly interface and innovative features, Zenfuse is also the ideal platform for both beginners and seasoned traders. With an experienced team behind the project, which has fulfilled every roadmap promise and more, Zenfuse looks poised to change the way crypto trading is done.
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