• Cryptocurrency trading is comprised of spot trading and derivative trading, with daily trading volumes of $30 billion and $70 billion respectively.
• Decentralized cryptocurrency derivative trading platforms currently suffer from usage inconveniences, creating a demand for one that is secure, transparent, and user-friendly.
• MEKE is such a decentralized platform that employs Binance Smart Chain (BSC) to prevent fraudulent transactions and optimized algorithms to expedite transaction speed.
Overview
The cryptocurrency market has seen waning popularity over the past two years due to the deteriorating global economic environment and adverse events within the industry. Despite this, daily trading remains active, with spot and derivatives trades accounting for roughly $30 billion and $70 billion in daily volume respectively. As such, there is an immense potential for profit within the cryptocurrency derivative market.
Centralized Contract Exchanges
Currently, the majority of users rely on centralized contract exchanges for their trades. Unfortunately, these platforms are centralized by nature so they lack transparency which leads to various behind-door practices and manipulations that disadvantage traders. As a result, there is a high demand for a decentralized cryptocurrency derivative trading platform that can provide security, transparency, and user-friendliness all at once.
MEKE
MEKE is designed as precisely this type of decentralized platform as it utilizes technologies like Binance Smart Chain (BSC) in order to prevent fraudulent transactions at the source and ensure fairness in user transactions. Additionally, MEKE employs optimized algorithms to expedite transaction speed while still providing users with an efficient trading experience they can rely on without fear of foul play or manipulation.
Conclusion
MEKE’s mission to bring security, transparency,,and usability to the cryptocurrency derivatives market has great potential to revolutionize how people trade cryptocurrencies in this space. With its focus on safety first principles combined with cutting edge technology designed specifically for crypto derivatives traders will no doubt benefit greatly from using MEKE’s services when it launches soon..
Takeaway
MEKE is set to make its mark on the cryptocurrency derivative market by offering users enhanced security measures through BSC integration combined with optimized algorithms that guarantee fast transaction speeds while preserving usability for traders looking for a reliable platform they can trust when making trades without fear of manipulation or fraudulence