Gujrat, India, 3rd Feb 2022, ZEXPRWIRE, At the beginning of Jan 2022, SMDEX, a new cryptocurrency exchange, was launched to provide a professional, smart, intuitive, and innovative trading experience for retail and professional clients worldwide.
The exchange, named SMDEX, was launched at the beginning of January 2022 and can be accessed by users worldwide. The crypto industry has been touted to replace or at least partially eclipse the present financial system in the future. For now, however, investors can only allocate capital in cryptocurrencies through decentralized and centralized exchanges that offer secure marketplaces for trading and exchanging digital assets.
For more people to trust crypto enough to adopt it as a banking system, there are certain conditions that are non-negotiable. These are security and safety, high liquidity, convenience of use, and superior benefits when compared with the current financial system. This is what SMDEX aims to achieve.
According to the Founder and CEO of SMDEX Exchange, the goal of the crypto exchange platform is to make it easier for both old and new crypto inventors to explore the market in a safe environment. SMDEX will work towards releasing the true power of digital finance by creating an ecosystem where cryptocurrencies can thrive.
SMDEX Key Features
Spot Trading • P2P • IEO • Margin trading • Staking • Lending • Copy trading • Option trading • SIP with crypto assets
Development of SMDEX Exchange
1. In the first phase, SMDEX will offer – Spot trading – P2P – IEO. 2.SMDEX will launch – Staking – Margin trading – Copy trading in the second phase.
3.Lending will be launched in the third phase of SMDEX.
4.SMDEX will launch – Option trading – SIP in the fourth phase.
Staking Crypto Currencies With Higher APY
The SMDEX allows users to stake their tokens for rewards. Keeping funds intact is a simple and less-risky way to earn more tokens. It is common knowledge that the annual percentage yield (APY) in crypto is higher than the APY that traditional banks offer.
On SMDEX, registered users can simply transfer funds without using dedicated wallet addresses. Users can also store their digital funds using the wallets unique to their accounts. Robust security protocols protect the funds from loss.
Metaverse Cryptos are launching on SMDEX.
The crypto metaverse is simply the incorporation of cryptocurrency and blockchain technology in the immersive virtual world. The crypto metaverse is the combination of the virtual and real-world where the virtual currency can be exchanged for real exchange value. In short, the crypto metaverse is decentralized, governed by users, and the assets have real-world economic value.
People already see a glimpse of what a metaverse looks like in the form of blockchain games, where kids earn real money by playing the game, and NFTs are sold by real auction houses. As of Friday evening, the total market cap of metaverse coins was US$26 billion, with a 24-hour trading volume of US$13 billion, according to crypto.com.
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