India’s First Decentralized Exchange: Rupaydex Presale Seed …

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(MENAFN- Zex PR Wire) 

Del­hi, India, 5th June 2022, ZEXPRWIRE , Rupay­dex-Indi­a’s First Decen­tral­ized Exchange today announced the close of its first-ever pre­sale seed round, with sup­port from a diverse group of investors.

We’d like to let you know that our pre­sale seed round has now closed. We are delight­ed to inform you that we have received tremen­dous sup­port from all of you. Spread­ing our name around the inter­net, pro­vid­ing com­ments, well wish­es, and fresh ideas, among oth­er things. Thank you all for your kind­ness and affection.

As we con­tin­ue our objec­tive to empow­er con­sumers to accom­plish more with their mon­ey, the round is sig­nif­i­cant for Rupay­dex. We increased our cryp­tocur­ren­cy capa­bil­i­ties this year while main­tain­ing some of the low­est rates in the indus­try for buy­ing, sell­ing, and con­vert­ing cryp­tocur­ren­cies – for both retail and insti­tu­tion­al traders.

The com­ple­tion of our seed round gives us the pos­si­bil­i­ty to reach out to even more peo­ple in India. We’ll keep focus­ing on the fol­low­ing possibilities:

  • Devel­op­ing and improv­ing our indus­try-lead­ing trad­ing platform. 
  • Devel­op­ing and launch­ing a new prod­uct and ser­vice pack­age that will be unveiled soon. 
  • Increas­ing aware­ness of the, as well as edu­ca­tion­al mea­sures to close the knowl­edge gap. 

About Rupay­dex-India ka Apana DEX 

Rupay­Dex , which was first con­cep­tu­al­ized in 2022, will pro­vide a sol­id plat­form for appli­ca­tion-spe­cif­ic net­works to con­nect and deploy eas­i­ly. Inter­op­er­abil­i­ty between dif­fer­ent assets on mul­ti­ple net­works is pos­si­ble from our per­spec­tive. Our tech­ni­cal DEFI approach can tack­le prob­lems that have ham­pered DEFI in the past. This will be accom­plished through an ide­al aggre­ga­tion pro­to­col that will intel­li­gent­ly aggre­gate liq­uid­i­ty from the whole cryp­to mar­ket on a sin­gle decen­tral­ized plat­form — RupayDex.

Rupay­Dex is the first full aggre­ga­tion pro­to­col for cryp­to trad­ing, includ­ing cross-chain swaps and liq­uid­i­ty sourced from a mix of Defi and CeFi. Our machine learn­ing and AI rout­ing tech­nol­o­gy dis­cov­er the best prices avail­able from DEX­es and (some) CEX­es, result­ing in bet­ter prices, less slip­page, and faster set­tle­ment for traders.RupayDex will run an exclu­sive Defi AMM aggre­ga­tor sys­tem gov­erned by RPX Tokens, the Rupay­Dex Plat­for­m’s native cur­ren­cy. Our token hold­ers can lend, stake, and prof­it from their invest­ments. Token hold­ers on Rupay­Dex receive sub­stan­tial reduc­tions on trad­ing fees.

Objec­tives

Our objec­tive is to employ blockchain tech­nol­o­gy’s pri­ma­ry fea­tures to improve user expe­ri­ence and pro­vide new effi­cien­cies in a much more real­is­tic way. Indeed, this is a straight­for­ward strat­e­gy that goes beyond the hype and rhetor­i­cal fea­tures to pro­vide val­ue to aver­age cryp­to traders. The blockchain ecosys­tem is brim­ming with end­less­ly prof­itable con­cepts, mak­ing it a tru­ly unique move­ment – one where fresh ideas may thrive. Decen­tral­ized blockchains exist.

Spe­cial Features 

  • Our one-of-a-kind cryp­tocur­ren­cy aggre­ga­tor, which is at the heart of the RPX eco­nom­ic mod­el, dis­cov­ers the best price on SPOT and makes it avail­able to all traders upon request. 
  • Our ecosys­tem is being built with a bespoke match­ing engine that will allow us to con­nect to hun­dreds of exchanges in real-time through API. 
  • Rupay­Dex will lever­age merged order books to enable cryp­tocur­ren­cy trad­ing at the most com­pet­i­tive mar­ket pric­ing, allow­ing us to trans­mit tan­gi­ble div­i­dends to our users. 
  • Our UI is struc­tured like a stan­dard exchange inter­face, deliv­er­ing an advanced list of avail­able cur­ren­cies on the mar­ket, in addi­tion to unpar­al­leled sav­ings and sim­plic­i­ty. As more hedge funds become inter­est­ed in our exchange, our plat­form will match orders effec­tive­ly against each oth­er on a peer-to-peer basis with­in its own inter­nal network. 
  • We are work­ing on two pro­to­cols at Rupay­Dex: CSIPs and DSIPs. CSIPs stands for“Custodial SIPs” and DSIPs means for“Decentralized SIPs.” Users will be able to explore both forms of sys­tem­at­ic cryp­to invest­ment plan­ning by using these two capa­bil­i­ties on RupayDex. 
  • We at Rupay­Dex are patron­iz­ing the fastest, eas­i­est, and most effi­cient sys­tems to cap­i­tal­ize on the best arbi­trage oppor­tu­ni­ties and earn mon­ey as mar­ket mak­ers as a plat­form that essen­tial­ly oper­ates on a peer-to-peer strat­e­gy and brings those who want to trade effi­cient­ly with the best price mar­gins pro­vid­ed on every sin­gle exchange as well as bro­kers who want to receive guar­an­teed trans­ac­tion fee rev­enue for ful­fill­ing orders on a trader’s behalf. 

Final Thoughts

In the after­math of recent cen­tral­ized exchange hacks and mis­takes, the DEX con­cept is still gain­ing trac­tion, as the cryp­tocur­ren­cy com­mu­ni­ty rec­og­nizes its poten­tial. Over­all, the DEX is a bet­ter fit for cryp­tocur­ren­cies and the decen­tral­ized world­view of blockchain.

Rupay­Dex is the first cryp­to trad­ing aggre­ga­tion pro­to­col, includ­ing cross-chain swaps and liq­uid­i­ty derived from a mix of Defi and CeFi. Our machine learn­ing and arti­fi­cial intel­li­gence (AI) rout­ing sys­tem dis­cov­er the best DEX and (some) CEX pric­ing, allow­ing traders to make informed deci­sions with the low­est costs, the least amount of slip­page, and the fastest settlement.

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Media Con­tacts

Com­pa­ny Name: Rupaydex

Offi­cial Email: [email protected] 

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