Investors continue to actively invest in the cryptocurrency space. Despite the influx of new investments, 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 abreast of what is happening in the markets at any time. For these reasons, manually tracking the clipboard can be time consuming and troublesome.
Decentralized Finance (DeFi) trading platforms have emerged to make life easier for traders by allowing users to manage their financial portfolios and track multiple exchanges from a single station. As a result, using a central pivot can simplify the trading process and help investors respond quickly to trends as they arise. Some platforms can remove these obstacles by providing users with professional advice for making trading decisions.
Aurox aims to become a one-stop cryptocurrency trading platform similar to the Bloomberg terminal. Founders Georgy Khazaradze, Ziga Naglik and Taras Andreevich, three longtime business partners, have teamed up to solve the problem of information and data fragmentation that is currently displayed in an encrypted shell.
Aurox Equity Team: “We believe that cryptocurrency trading is still in its infancy” and therefore we are focused on “investing aggressively” in the functionality and usefulness of the platform. Aurox is a platform created by cryptocurrency traders for cryptocurrency traders. ”
Today, Aurox Nation has over 50,000 registered users providing access to over 46,000 trading pairs and data on nearly 60 decentralized and centralized exchanges. In addition to the vast 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 accelerate 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 listings.
Routing 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’ve built with their community, their 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 worry about increased fees, lack of support for margin trading, and low liquidity. Centralized exchanges, on the other hand, can leverage billions of dollars in liquidity.
Among the most revolutionary features of the financial decentralization application is the lending protocol, which allows users to quickly borrow money with just a few clicks. Unfortunately, just like 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 into a single platform to place orders on multiple exchanges. This gives cryptocurrency traders a convenient one-stop shop that provides access to markets and liquidity.
Some of the most popular exchanges Aurox supports 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 “won’t stop.” Aurox Lend, the upcoming decentralized lending platform, aims to provide margin for traders who prefer to have an impact on order fulfillment. Lenders will also receive protection due to the nature of the tedious platform, which in turn will provide traders with some of the most competitive interest rates in the world.
Over the next year, the platform shares its enthusiasm for “growing its user base, launching Aurox Lend / Trade, developing a DEX aggregator engine, providing training and personalized guidance to our users, and building partnerships.”