Since the beginning of 2020, the majority of cryptocurrency investors became highly aware of the DeFi potential. DeFi (Decentralized Finance) is, basically, a structured and interoperable financial sector based on decentralized platforms such as Ethereum. Currently, there is almost $7 billion of value locked in various DeFi projects and a total market capitalization of over $15 billion. Thus making DeFi a catalyst for growth in the cryptocurrency market, with just 1% of crypto investors involved. The market can only grow from here.
Despite all the DeFi enthusiasm, the majority of trading still transpires on highly centralized, mutually detached trading platforms. Therefore the liquidity is dispersed across the global market, losing a part of its potential. The fees in the DeFi market tend to also be rather high.
Furthermore, an average user still struggles to understand complex smart contract functions and navigating unfriendly interfaces. This is exactly why Finxflo is bypassing these challenges and creating a more efficient trading environment. With its innovative approach, Finxflo is becoming the go-to solution for digital asset management by creating both DeFi and CeFi aggregators.
How Does Finxflo Work? Finxflo implements a unique set of smart order algorithms to always offer its users the best prices and rates. The system dubbed Hybrid Aggregation Engine combines DEX (decentralized exchanges) and CEX (centralized exchanges) liquidity, making Finxflo the ultimate single gateway to cryptocurrency trading and investing. DeFi contains broad ...