Introduction
Dexynth is a DeFi Synthetics trading platform that has taken the cryptocurrency world by storm. The platform offers synthetic trading on BSC, which allows users to trade a variety of assets such as stocks, forex, commodities, NFTs, and more. What sets Dexynth apart from other trading platforms is that it offers maximum leverage with minimum slippage. This means that traders can use leverage to maximize their profits while minimizing their losses. The platform is designed to be user-friendly, making it easy for traders of all levels of experience to use. Dexynth offers a range of tools and resources to help traders make informed decisions, including real-time market data, historical price charts, and technical analysis tools.
The platform also offers a range of trading features, including limit orders, stop-loss orders, and take-profit orders, which allow traders to manage their trades and minimize their risk. Overall, Dexynth is an exciting new trading platform that offers traders the opportunity to trade a wide range of assets with maximum leverage and minimum slippage. The platform is user-friendly and offers a range of tools and resources to help traders make informed decisions. If you are interested in trading synthetics, then Dexynth is definitely a platform worth considering.
Problems in Market :
CEX Issues :
Extensive KYC required
They have custody of funds (not your keys, not your coins)
They can freeze your assets
Lack of transparency
Risk of bankruptcy
Regulatory crackdown
No (trustworthy) Proof of Reserves
Based on trust
DeFi Issues :
Poor UI
Complex systems
Lack of high leverage
High slippage
Low/splitted liquidity
Not secure / hacks
Scalability & performance issues
Dexynth: Overcoming Market Issues with Synthetic Trading and Risk Management Tools:
Dexynth is a DeFi Synthetics trading platform that offers a range of facilities to overcome market issues. With synthetic trading, traders can access a range of assets including Forex, stocks, indexes, crypto, and many others without owning the underlying asset. Dexynth offers a wide range of synthetic trading pairs to choose from, with almost 100 trading pairs so far, including 40+ CRYPTO pairs, 10+ FOREX pairs, 28+ STOCK pairs, and many more to be added soon, including indexes, commodities, and others.
One of the standout features of Dexynth is the high leverage available, up to 1000x depending on the asset class. This allows traders to maximize their profits while minimizing their risk. The platform is also powered by a Decentralized Oracle Network (DON) that is powered by Chainlink to get feed prices of real-world assets on demand and instantly. The DON connects to multiple brokers at the same time, guaranteeing exact prices.
Dexynth also offers a range of risk management tools, including guaranteed stop-loss and high liquidation range, with the NFT Bot Network executing SL/TP. The platform ensures that there are no liquidations until 80% in loss, giving traders more flexibility and control over their trades.
One of the main advantages of Dexynth is its scalability, which allows for flexibility to add new assets simply by adding them to the DON. Trading is facilitated through the BUSD vault, eliminating the need to raise specific liquidity as all assets are synthetic. This makes it applicable to commodities, NFT floors, forex pairs, combination of a basket of assets, indexes, and more.
Another standout feature of Dexynth is its minimum slippage, which helps prevent exploitation similar to GMX. Synthetic slippage has been introduced for crypto pairs, with no effect on forex and other markets. This ensures that traders can make trades with minimal slippage, providing greater efficiency and precision in their trades.
Dexynth also offers efficient liquidity use, allowing traders to maximize capital efficiency by depositing stable cryptocoins, earning yield, as well as receiving bearing-Stable tokens. This has unlimited use-cases such as depositing it as collateral to get a loan and leverage your position. Additionally, the projected APR for the BUSD vault is expected to exceed 10%, making it one of the most attractive options in the entire DeFi market. The platform also uses a real yield protocol, with staking, LPs or referral rewards/yield paid from trading fees, and deflationary protocol through automated token burns.
Partners :-
Overall, Dexynth offers a comprehensive set of facilities to overcome market issues, making it a valuable platform for traders looking for scalability, efficiency, and sustainability. Its innovative features, such as synthetic trading, minimum slippage, and efficient liquidity use, make it a popular choice for those seeking to access a wide range of assets and maximize their profits.
Social Media links :
Twitter: https://twitter.com/DEXYNTH
Telegram: https://t.me/Dexynth
Discord: https://discord.gg/UnqsFgdk9N
