UniDex is a cryptocurrency exchange that promises to provide a reliable and high-quality platform for exchanging DeFi tokens and profiting from the sector’s rapid growth. UniDex is an easy-to-use platform with a wide range of features and tools that was designed by a group of seasoned investors and traders. The broker provides a secure and dependable platform for trading bitcoin securities and derivatives whether you live in the United States, the United Kingdom, Japan, the Netherlands (Holland), Warsaw, or Malaysia. Bot support, gas charges, the website app, and other significant features will be covered in this roundup.
UniDex is essentially a DeFi exchange that permits digital token trading. The platform enables a wide range of high and low level instruments and transactions on an optimized platform that is accessible through browsers on Windows and Mac computers. Unfortunately, mobile device or tablet downloads (iOS or APK) are not currently available. Simultaneously, mobile application support is being developed. UNIDX, the broker’s own exchange token, is also available.
Over 75 significant liquidity pools from various DEXs have been assembled under one roof to run the UniDex trading platform. This guarantees that customers have access to some of the finest pricing available while also mitigating the slippage problem that plagues the market, thereby turning the broker into a manipulator of a wide variety of DEXs. Their powerful liquidity engine constantly revises prices as you fill out an order while trading. If a better price is identified, the broker uses improved trading circumstances to turn the jog dial at the last minute.
Users may utilize the platform to manage their accounts, access third-party digital wallets, and conduct transactions swiftly and effectively. The beta software includes a variety of chart and graph viewing choices, as well as analytical tools that can be used in conjunction with products such as Staker, which allows users to lock their cash in contracts and gain additional benefits.
UniDex’s major purpose is to enable its customers to trade digital assets in their wallets while also offering improved data and capital security. UniDex not only supports single blockchain transactions, but also transactions involving currencies from many blockchains.
Over 200 supported protocols in the UniDex ecosystem link traders to the top loan markets, including Safestar and Safemoon.
While many people believe that UniDex and Uniswap are competitors, this is not the case. Uniswap offers low-cost protocols to UniDex traders in order to assist them and the DeFi business thrive. The ecosystem unites all of the individual protocols into one huge family, allowing users to trade across all of these platforms and benefit the entire community.
Users may trade a wide range of digital assets on UniDex, from equities to NFT art. As the exchange expands in size, more sophisticated services like as lending and borrowing, perpetual, derivatives, and other yield aggregators become accessible. UniDex is a successful multitrade club where users may trade practically anything they desire via any DEX, CEX, or network due to the sheer number of protocols supported and the large range of assets accessible.
UniDex’s backbone is the Mirai liquidity engine. It is the software that enables the exchange to function as an API, communicating with all protocols and integrating all financial products. The enhanced engine even combines other aggregators, guaranteeing that the system can increase the greatest pricing and provide passengers with the finest routes.
UniDex makes money by charging users trading fees and commissions. However, half of the money it earns is returned to token holders. This implies that users are rewarded with a daily currency injection based on their amount and daily trading volume merely by holding a token. These incentives are available in the form of various tokens and coins.
UniDex encourages the usage of automated trading bots like UniDexBot. This enables users to put their trading strategy into action by using an algorithm that can start and cancel positions, set stop and limit orders, and handle the majority of the work on the transaction. All of the same UniDex benefits remain, with the added security of knowing that tokens will be automatically sold once a certain level is reached in order to limit losses.
UniDex has a gas price and transfer fees that must be paid in order to complete a transaction on their huge network. The current gas price is $ 43.40, although it fluctuates and can be followed on services such as Coingecko. Half of these commissions are returned to brokers’ clients in the form of extra digital tokens. The Commission is also assisting in the recovery and destruction of some of the tokens in circulation in order to maintain them in low quantity and therefore reduce inflation.
UniDex’s decentralized structure protects it in part by improving financial security and transparency. It also lowers the dangers associated with centralized exchange hacking. Cold wallets, like as hardware wallets, can also be used to assist avoid token hacking.
UniDex customer service cannot be reached by typical means such as email, mail, or phone. Instead, the broker communicates with its clients largely through social media platforms like as Telegram, Discord, Medium, and Twitter. Alternatively, you may put your request on the ticket along with your phone number or email address so that UniDex can call you.
UniDex features a straightforward signup process that entails registering in and then linking your wallet via a web site. You can begin trading cryptocurrencies if you have enough cryptocurrency in your wallet to pay for gas.
UniDex’s national currency, UNIDX, cannot be acquired using fiat money. As a result, a significant cryptocurrency like as Bitcoin or Ethereum must first be purchased and then converted for UNIDX. Alternatively, you may purchase a currency using an altcoin exchange such as Binance.
Krunal Amin, the broker’s founder and CEO, streams live on Twitch for individuals interested in learning more about UniDex and cryptocurrency trading in general. He provided demos of UniDex here to demonstrate its capabilities, as well as other entertaining and instructional films.
UniDex has launched an official user guide and WalletConnect integration, allowing traders to trade on the site using practically any wallet, desktop or mobile. As a result, UniDex has become the hub of a wide network, making DeFi trading and token exchange easier than ever.