Investors continue to invest actively in the cryptocurrency area. Despite the influx of new investment, newcomers to cryptocurrency trading still face significant barriers to entry, from thousands of tokens and exchanges to confusing and expensive interfaces. Since the cryptocurrency market is open 24/7, it is also important for investors to understand and keep up to date with what is happening in the markets at all times. For these reasons, it can be time consuming and difficult to track the clipboard manually.
Decentralized Finance (DeFi) trading platforms have emerged to make life easier for traders by letting users manage their financial portfolios and track multiple exchanges from a single station. As a result, the use of a central pivot point can simplify the trading process and help investors respond quickly to trends as they arise. Some platforms can remove these barriers by giving users professional advice to make trading decisions.
Aurox aims to be a one-stop trading platform for cryptocurrencies similar to the Bloomberg terminal. The founders Georgy Khazaradze, Ziga Naglik and Taras Andreevich, three long-standing business partners, have joined forces to solve the problem of information and data fragmentation that is currently manifesting itself in an encrypted shell.
Aurox Equity Team: “We believe that cryptocurrency trading is still in its infancy,” so we focus on “investing aggressively” in the functionality and usefulness of the platform. Aurox is a platform created by cryptocurrency traders for crypto traders. ”
Today, Aurox Nation has over 50,000 registered users that provide access to over 46,000 trading pairs and data on nearly 60 decentralized and centralized exchanges. In addition to the huge amount of data and information provided by the Aurox terminal, the platform makes trading easier for the average user through several key features, some of which require users to have an Aurox token to access:
The content is designed to help speed up the learning curve for trading and investing.
Own built-in indicators with simple long and short triggers.
Index scanners and screens to help investors find the best records.
Routing of CEX and DEX commands for desktop and mobile devices.
Customizable workspaces and tabs in the app.
Alerts for over 100 different built-in indicators.
While the team is excited about what they have built with the community, the focus has shifted to the following: Aurox Token, Aurox Trade and Aurox Lend.
The best of decentralization and centralization
While some decentralized exchanges are close to becoming a safe trading environment for crypto enthusiasts, they still have a long way to go before they can meet the needs of users as a centralized exchange can. As a result, decentralized exchanges continue to face concerns about higher fees, lack of margin trading support and low liquidity. Centralized exchanges, on the other hand, can spend billions of dollars in liquidity.
Among the most revolutionary features of financial decentralization is the lending protocol, which allows users to borrow money quickly with just a few clicks. Unfortunately, as with DeFi trading, lending also faces many obstacles. As a result, the URUS token on the Aurox platform will aim to combine centralization and decentralization to provide equal liquidity in the markets.
To be clear, Aurox is not a cryptocurrency exchange. It is a matching terminal that allows users to log on to a single platform to place orders at multiple exchanges. This gives cryptocurrency traders a user-friendly one-stop shop that provides access to markets and liquidity.
Some of the most popular exchanges supported by Aurox are Binance, BitMEX, Kraken and Coinbase. Users can take advantage of a dedicated TradingView trading panel and chart with access to hundreds of indicators on these platforms.
More information about AUROX here
The future of lending
Aurox’s team adds that they “will not stop.” Aurox Lend, the future decentralized lending platform, aims to provide a margin for traders who prefer to use influence when executing orders. Lenders will also benefit from the nature of the network platform, which in turn will provide traders with some of the most competitive interest rates in the world.