ZERONE… SIMPLIFYING THE SOPHISTICATED DEFI TRADING NATURE! | by Ezekiel Essien | Jan, 2024
ZERONE… SIMPLIFYING THE SOPHISTICATED DEFI TRADING NATURE!
✓ INTRODUCTION.
Decentralized exchanges, also known as DEXs, are peer-to-peer marketplaces where cryptocurrency traders make transactions directly without handing over management of their funds to an intermediary or custodian. These transactions are facilitated through the use of self-executing agreements written in code called smart contracts.
DEXs were created to remove the requirement for any authority to oversee and authorize trades performed within a specific exchange. Decentralized exchanges allow for peer-to-peer (P2P) trading of cryptocurrencies. Peer-to-peer refers to a marketplace that links buyers and sellers of cryptocurrencies. They are usually non-custodial, which means users keep control of their wallet’s private keys. A private key is a type of advanced encryption that enables users to access their cryptocurrencies. Users can immediately access their crypto balances after logging into the DEX with their private key. They will not be required to submit any personal information like names and addresses, which is great for individuals who cherish their privacy.
Innovations that solved liquidity-related problems such as automated market makers helped attract users to the decentralized finance (DeFi) space and largely contributed to its growths.
🌟 ZERONE’S EXCLUSIVE NATURE
ZERONE hybrid cryptocurrency exchange platform is a trading platform providing customers with access to private keys and enabling trades at low trading fees. The platform characterizes transparency, swiftness, and scalability, and operates free of third-party control.
Zerone has emerged as a powerful hybrid blockchain ecosystem and an innovative decentralized hybrid contract exchange protocol.
Zerone’s hybrid contract protocol is a decentralized perpetual hybrid contract trading protocol with good liquidity, with extremely high eco-project-side friendliness and composability.
🌟FEATURES OF ZERONE HYBRID EXCHANGE SYSTEM.🌟
✓✓ FULL USER ASSET CONTROL.
A key feature of ZERONE’S hybrid exchanges is user control over funds since it eliminates the need to entrust assets to a custodian. This means that traders can engage directly with digital assets in their wallets, which are linked to robust smart contracts facilitating secure transactions. The decentralized aspect ensures that personal information is well-protected and offers users much-needed privacy in their transactions.
✓✓ ACCESSIBILITY
Adding to the control feature is the accessibility feature that hybrid exchanges borrow from their centralized counterparts. Not only do they offer user-friendly interfaces, but also they are often more welcoming to newcomers, with customer support and guidance readily available. Furthermore, they tend to have better liquidity than their purely decentralized counterparts, ensuring that users can quickly buy or sell assets when they need to.
✓✓ OTHER INNOVATIVE FEATURES
Finally, ZERONE incorporates additional innovative features like fiat integration, advanced APIs, and Atomic Swap capabilities, which allow users to exchange various types of tokens directly and with ease.
As such, ZERONE represent the next generation of crypto trading marketplaces, bridging the gap between traditional finance and the burgeoning world of digital asset.
✓ GENERAL FUNCTION OF CRYPTO HYBRID EXCHANGE
🌟 Hybrid exchanges are designed to be faster than DEXs and support real-time service access.
🌟 Users seek complete ownership of their funds even when the third parties regulate and operate the exchange.
🌟 They are compliant with different digital currency laws in different jurisdictions.
🌟 Protect users’ assets from hacks as the assets are stored in cold storage.
✓ ZERONE PLATFORM CORE FUNCTIONS
✓ Enhanced Security:
These exchanges often have more robust security measures to protect user assets, as they have centralized and decentralized components.
✓ Increased Privacy
ZERONE offers some of the privacy benefits of DEXs, allowing users to trade directly without needing an intermediary.
✓ Wide Range of Trading Pairs
They often support a wide range of trading pairs, making it easier for traders to find the cryptocurrencies they want to buy or sell.
✓ Flexibility
ZERONE Hybrid exchanges offer centralized and decentralized features, allowing traders to choose the type of exchange that best meets their needs.
✓ User Control
It allows users to retain control over their assets, as they do not have to deposit them into a centralized wallet to trade.
✓ Lower Costs
Offers lower fees than traditional exchanges. This is because no physical spaces need to be maintained, and fewer staff members are required to run the exchange.
✓ Greater Reach
ZERONE hybrid exchange can reach a global audience of buyers and sellers, and this is because it is not limited by geography like a traditional exchange.
✓ Operation
Never closes its doors – you can trade anytime, day or night.
Join in today through our links
🎉Twitter: https://twitter.com/ZeroneOfficial
🎉 Telegram: https://t.me/ZeroneGlobal
🎉 Medium: https://zeroneofficial.medium.com
🎉 YouTube: https://www.youtube.com/@ZeroneOfficial