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ZKX Announces OG Trade: Gamified Infinite Contract Exchange on Starknet ZKX’s OG Trade revolutionizes perpetual trading with gamification and 30-minute trading battles, providing opportunities for all traders. ……
January 31, 2024 – ZKX announces the launch of OG Trade, a perpetual swap on Starknet for short-term traders, scalpers, and traders. ZKX introduces gamification to trading and provides a new trading experience.
[Image: https://prtimes.jp/i/115955/10/resize/d115955-10-c0bf4f0aff2d9721aec5-0.png&s3=115955-10-12cb8e6c2934f287994726c78a2df002-2880×1574.png ]
With the launch of OG Trade, ZKX hopes to offer a product that combines the performance of a centralized exchange (CEX) with the security of a DEX. To achieve this goal, ZKX is addressing DeFi challenges such as high transaction costs, scalability, security, and fragmented liquidity.
ZKX’s upchain provides fast trade execution, transparent order matching, and gasless trading. Additionally, the ZKX account (a self-custodial account abstraction-based wallet) gives users full control of their funds at all times, ensuring safety and ease of use. Eduard Jubany Tur, founder of ZKX, said: “To drive the growth of DeFi, we need to make centralized exchanges more attractive to the millions of people who currently use them. That’s why we created ZXK Upchain to effectively scale gasless DeFi products and leverage account abstraction to provide a high level of customer experience. OG Trade is the first product we’ve learned from the past two years and prepared for 2024.”
Despite the increase in cryptocurrency trading over the past few years, the user trading experience still faces many challenges. The complexity of DeFi trading is a challenge for newcomers and creates a high barrier to entry. Additionally, the existing system favors high-value transactors and neglects the contributions of many ordinary users. As DeFi evolves, ZKX recognizes the need for a more
comprehensive platform that makes it easier for users to get started with DeFi.
Key features that make ZKX OG Trade stand out:
30-Minute Trading Battles: Join with one-click trading and compete against other traders in 30-minute competitions for ETH, SOL, and BTC assets.
Clans: Clans are determined based on on-chain history. Four Clans – Yakuza Barons, Pachinko Digens, Ethereum Titans, and DeFi High Rollers will unlock access to exclusive $ZKX reward pools and clan NFTs. Profit, Volume, Loss Badge – The top 3 traders from each category (Profit, Volume, Loss) will earn a special badge every 30 minutes. A platform for traders of all sizes: one-click up and down buttons make trading easy.
Following the launch of OG Trade, ZKX will continue to strive to realize its vision as a one-stop solution for DeFi. In late March 2024, we plan to release our second product, Pro Trading, customized for advanced traders.
For more information about OG Trading and ZKX, please visit https://zkx.fi/. About ZKX
ZKX is an omnichain infinite contract exchange on Starknet, committed to building DeFi solutions for everyone.
ZKX aims to combine the performance of CEX with the security of DEX, and achieves this through a decentralized order book powered by ZKX Upchain and user-centric, self-custodial ZKX accounts.
At the heart of ZKX’s protocol design is built-in security and gamification, which has been audited twice by Nethermind Security. ZKX’s mission is to bring the power of decentralized and
censorship-resistant financial products to the world by providing fair access. To date, it has raised $5.5 million in funding from investors including StarkWare, Amber Group, Huobi, Crypto.com, Hashkey, and more.
For more information about ZKX, please check the following page https://zkx.fi/. More details about this release:
https://prtimes.jp/main/html/rd/p/000000010.000115955.html