• Privacy policy
  • T&C’s
  • About Us
    • FAQ
    • Meet the Team
  • Contact us
  • Guest Content
TLE ONLINE SHOP!
  • TLE
  • News
  • Politics
  • Business
  • Sport
  • Opinion
  • Elevenses
  • Entertainment
    • All Entertainment
    • Film
    • Lifestyle
      • Horoscopes
    • Lottery Results
      • Lotto
      • Thunderball
      • Set For Life
      • EuroMillions
  • Food
    • All Food
    • Recipes
  • Property
  • Travel
  • Tech/Auto
  • JOBS
No Result
View All Result
The London Economic
SUPPORT THE LONDON ECONOMIC
NEWSLETTER
  • TLE
  • News
  • Politics
  • Business
  • Sport
  • Opinion
  • Elevenses
  • Entertainment
    • All Entertainment
    • Film
    • Lifestyle
      • Horoscopes
    • Lottery Results
      • Lotto
      • Thunderball
      • Set For Life
      • EuroMillions
  • Food
    • All Food
    • Recipes
  • Property
  • Travel
  • Tech/Auto
  • JOBS
No Result
View All Result
The London Economic
No Result
View All Result
Home Lifestyle Business

Newest Cardano DEX Offers Instant, Low-Fee Trades

To kick off an exciting 2022, Cardano is home to a new decentralized exchange

Keith Ayago by Keith Ayago
2022-02-01 11:19
in Business, Lifestyle
FacebookTwitterLinkedinEmailWhatsapp

Cardano has had a busy year in 2021, with many notable achievements. In July, their Yoroi Wallet blockchain application connector was released. This allowed users to connect their wallets to various blockchain applications, providing a convenient and user-friendly experience.

In September, Cardano announced the establishment of a $100 million Cardano blockchain investment vehicle. This will allow them to invest in a wide range of industries, and help support the development of the Cardano ecosystem. Further, Cardano launched two education programs. 

Now, to kick off an exciting 2022, Cardano is home to a new decentralized exchange, ADAX, that promises instant and low-fee transactions. This is another great development for the Cardano ecosystem, and will help to bring more users on board.


What Makes ADAX Different?

Unlike many other decentralized exchanges, ADAX is based on an order-book model. This means that orders are fully executed on-chain, making it resistant to censorship and ensuring that traders have full control over their funds.

Additionally, ADAX utilizes Plutus smart contracts to ensure full decentralization. Further, by splitting each order into smaller UTXO’s, ADAX eliminates the risk of congested transactions and allows users to avoid any concurrency-related issues.

The ADAX team has spent countless hours making sure that the user experience on the exchange is both intuitive and frictionless. Already offering full support of Yoroi, CCVault, and other wallet providers, ADAX has many more API-based integrations planned for the immediate future.

Partnership with Stockgeist.AI

RelatedPosts

Lucky Numbers and Horoscopes for today 27 January 2023

Lucky Numbers and Horoscopes for today 26 January 2023

Types of Personal Loans and When It’s a Good Idea to Get One According to Your Needs

Why Is It A Great Idea To Invest In Life Insurance?

Most recently, the ADAX team announced a partnership with Stockgeist.AI, a market sentiment monitoring platform. Utilizing data scraped from social media sites like Twitter, Facebook, Reddit and Discord, ADAX traders will be able to get an early indication of changing ‘social sentiment’ for various tokens. This will empower them to re-calibrate their investments based on early signs of market movement.

The Stockgeist.AI partnership is just the latest in a long line of valuable relationships that the ADAX team has formed. The exchange has already partnered with GeroWallet, the first multi-functional Cardano Wallet and World Mobile, a provider of innovative blockchain telecommunications infrastructure.

Backing of Roger Ver and Mate Tokay

The support of Roger Ver, the so-called ‘Bitcoin Jesus’, and Mate Tokay, a co-founder of Bitcoin.com, has been instrumental in the growth and success of ADAX. 

Their backing has helped to expand the exchange’s reach and solidify its position as a key player to keep an eye on in the Cardano ecosystem.

Takeaways

When it comes to decentralized exchanges, there are a lot of factors to consider when making a choice. Each DEX has its own strengths and weaknesses, so it’s important to do your research before settling on one. Traders need to consider things like liquidity, security, features, and fees when making a decision.

ADAX is quickly establishing itself as one of the most important players in the decentralized exchange space. With its focus on ease-of-use, fast transaction times and low fees, ADAX is poised to become the go-to destination for traders looking for a superior trading experience on Cardano.

Subscribe to our Newsletter

View our  Privacy Policy and Terms & Conditions

Trending on TLE

  • All
  • trending
Abdollah

‘Rescue us’: Afghan teacher begs UK to help him escape Taliban

CHOMSKY: “If Corbyn had been elected, Britain would be pursuing a much more sane course”

What If We Got Rid Of Prisons?

More from TLE

How To Make: Vegan Puff Pastry (Without Palm Oil)

NHS warns of ‘humanitarian crisis’ without energy bills bailout

£23-a-night Airbnb apartment in Mexico where Meghan Markle’s dad stayed alone over the royal wedding weeknd

Polestar 1 review: so this is what a good PHEV is

Recent events prove once again the double discrimination Bisexuals face

Good Law Project to pursue legal action against Met Police following Partygate picture leak

Drink-driver who caused this Christmas Day crash was found pretending to be asleep nearby

London Marathon: Brit pensioner with dementia about to tackle his 131st marathon – aged 78

US critics say Sussexes ‘show no signs of surrender’

Tory MP explains why he defied 3 line whip to vote against standards reform

JOBS

FIND MORE JOBS

About Us

TheLondonEconomic.com – Open, accessible and accountable news, sport, culture and lifestyle.

Read more

Contact

Editorial enquiries, please contact: [email protected]

Commercial enquiries, please contact: [email protected]

Address

The London Economic Newspaper Limited t/a TLE
Company number 09221879
International House,
24 Holborn Viaduct,
London EC1A 2BN,
United Kingdom

SUPPORT

We do not charge or put articles behind a paywall. If you can, please show your appreciation for our free content by donating whatever you think is fair to help keep TLE growing and support real, independent, investigative journalism.

DONATE & SUPPORT

© 2019 thelondoneconomic.com - TLE, International House, 24 Holborn Viaduct, London EC1A 2BN. All Rights Reserved.




No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Entertainment
  • Lifestyle
  • Food
  • Travel
  • JOBS
  • More…
    • Elevenses
    • Opinion
    • Property
    • Tech & Auto
  • About Us
    • Meet the Team
    • Privacy policy
  • Contact us

© 2019 thelondoneconomic.com - TLE, International House, 24 Holborn Viaduct, London EC1A 2BN. All Rights Reserved.