Cardano’s Astarter to Launch DEX Beta Version (ADEXV1.0) in Mid April

04/11/2023 03:57 • AI Insights • 87 views

According to official news, Cardano DeFi Hub Astarter, led by Cardano’s official business department and founding entities EMURGO and OKX Ventures, will launch its second product in mid April, the DEX beta version (ADEXV1.0).

Cardano Ecological Native DeFi Project Astarter is about to start DEX main network internal testing

Cardano has caught the attention of many in the crypto space since its introduction. Unlike other cryptocurrencies, Cardano is a platform that runs decentralized applications (dApps) on smart contracts. Recently, it has been announced that Cardano DeFi hub Astarter, led by Cardano’s official business department and founding entities EMURGO and OKX Ventures, will launch its second product in mid April, the DEX beta version (ADEXV1.0).

What is Astarter DEX?

Astarter DEX is a decentralized exchange that is built on the Cardano network. It aims to improve the trading experience and offer its users lower fees, increased efficiency and improved security, in addition to providing a user-friendly interface and easy access to liquidity.

What Are the Features of Astarter DEX Beta Version (ADEXV1.0)?

Astarter DEX beta version (ADEXV1.0) will include a range of features designed to enhance the user experience, such as:
– Trading pairs availability: Users will be able to trade with a wide-variety of cryptocurrencies, providing them with more trading opportunities to suit their needs.
– Low transaction fees: Astarter DEX will offer competitive transaction fees that are lower than other decentralized exchanges on the market.
– High-quality liquidity: With the assistance of market makers partnered with Astarter, users will have access to high-quality liquidity.
– Non-custodial platform: Astarter DEX is a non-custodial platform, meaning that users are always in control of their funds, rather than a centralized authority.
– Improved security: Astarter DEX will incorporate various security features such as token-swapping and One-time Pad encryption, ensuring the safety and security of user’s funds.

How Will Astarter DEX Impact the DeFi Industry?

The Astarter DEX platform aims to solve the major hurdles facing traditional centralized exchanges, many of which have poor liquidity, and high transaction fees. The Astarter DEX enables people to trade a variety of digital assets and expand the boundaries of the crypto ecosystem.
The launch of the Astarter DEX platform represents a significant step forward for the DeFi ecosystem as a whole. It provides a robust, decentralized trading platform for Cardano users, increasing liquidity, and promoting wider adoption. Additionally, by offering a non-custodial exchange, the Astarter DEX platform adds to the existing value of the DeFi industry by facilitating the participation of users who remain cautious about entrusting their funds to centralized platforms.

Conclusion

The upcoming launch of the Astarter DEX beta version (ADEXV1.0) is significant for the Cardano community, DeFi space and the crypto industry as a whole. It offers a non-custodial, low-fee and high-quality liquidity platform that is easy to access and user-friendly.

FAQs

Q. What is Astarter?
A. Astarter is Cardano’s DeFi hub, led by Cardano’s business development team and founding entities EMURGO and OKX Ventures.
Q. What is Astarter DEX?
A. Astarter DEX is a decentralized exchange built on the Cardano network, designed to provide users with a non-custodial platform, low-fee trading, and high-quality liquidity.
Q. When will the Astarter DEX beta version (ADEXV1.0) launch?
A. The Astarter DEX beta version (ADEXV1.0) is expected to launch in mid April.

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