March 28, 2023

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To advance cryptocurrency trading without storage, Polkadex has finally released the Orderbook, a redistributed trading system, after years of anticipation. Orderbook is finally introduced by Polkadex. 

Earlier today, October 31, 2022, Polkadex, a peer-to-peer crypto trading service in the DeFi system, declared the release of an order book named CEXier that will overturn cryptocurrency interchanging. Polkadex made the announcement via a public presentation on Medium.

Polkadex describes itself as a leading provider of order management and order processing services for the global marketplace. It is made up of the company’s framework, a TEE that is made on top of a second level, and an internal mechanism for order registration.

Users sign up for an account with Orderbook and sedimentation money into a merchant account within the Layer 2 solution from their wallet or funding account. 

Orderbook from Polkadex

The new system combines a centred trading service and a redistributed deal-making. Because each of the present-day ways is flawed separately, Polkadex Orderbook is working to develop a superior scheme called CEXier DEX. 

The new features combine the best elements of CEX and DEX into a seamless platform that doesn’t need instruction. It is the first CEX-like exchange where users can hold their funds without worrying that hackers might compromise their security is Polkadex Orderbook, which among other incredible features allows users to have complete control over their funds and is noncustodial.

This is due to the absence of a central honeypot in this situation. Additionally, Orderbook has no speed restrictions and is the fastest CEX exchange. 

Six months of free trading are available on Polkadex

With its brand-new service, Polkadex hopes to reduce the cost of trading cryptocurrencies. Polkadex Orderbook will charge no transaction fees for the first half a year following the release. Polkadex Orderbook is significantly less expensive than existing DEXs thanks to its free trading, zero gas surcharges, and zero negation fees for placing orders. 

A new true cross-chain system is among Polkadex Orderbook’s additional advantages. Through ChainBridge, users will be able to exchange tokens and the nest to be released THEA Bridge is going to initially link up with Polkadex and ETH before connecting other crypto services. Chain networks will be connected one at a time, according to their plan.

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