ABBC Foundation recently launched DOMINO DEX, the latest addition to its ecosystem. Users can start trading by simply connecting their MetaMask wallet to the platform. Moreover, users can trade directly in just a few simple steps.
To use DOMINO DEX, users do not need to register because the exchange does not require personal information. To start buying, selling, or trading cryptocurrencies, users simply need to connect their MetaMask wallets to DOMINO DEX.
Just visit the website and click on the ‘Connect’ icon in the upper right corner and get started.
There is no need for customers to complete a standard identification process, also known as a Know-Your-Customer (KYC) form when using the DOMINO DEX interface. When users trade cryptocurrencies, their anonymity is preserved with this next-generation exchange. Cryptocurrencies can be traded without registering on this decentralized exchange.
The main purpose of any decentralized exchange is to provide traders with anonymity. DEXs attract a large number of people who do not wish to be identified in private transactions, unlike centralized exchanges that collect personal information like names, numbers, and emails. Decentralized exchanges take away the need for a mediator and make the experience P2P.
In addition to providing fast and seamless transactions, this new cryptocurrency trading hub will provide trustless transactions.
Furthermore, DOMINO DEX does not charge any hefty fees and will only charge minimal trading fees. As a cryptocurrency trading platform, DOMINO DEX is deemed to be “one of the most promising” by the ABBC Foundation.
CEO Jason Daniel Paul Philip said in an official statement:
Our goal is to provide our ABBC supporters with a seamless decentralized trading experience through a secure, reliable, and fail-proof exchange. DOMINO is a highly important addition to the ABBC ecosystem, which will change how decentralized exchanges work. It is a user-friendly platform with a minimum fee and no sign-up, making it one-of-its-kind.”
There will be more cryptocurrency trading pairs announced on DOMINO DEX’s official social media accounts soon. The official resources indicate that other features will also be introduced soon.
Trading or Investing:
For all beginners and crypto enthusiasts, it is important to do the basic homework on digital assets, what makes them unique, and what are the best strategies to trade them. As you learn how to buy and sell digital assets, it is important to distinguish between cryptocurrency trading and cryptocurrency investing also.
The next step should be, determining which cryptocurrency is right for you. Usually, crypto enthusiasts have the same motive – to make a profit, whether you are trading crypto or investing in crypto. In order to make countless profits, most people jump on the trading bandwagon.
In detail, investments have long-term to medium-term expected outcomes, whereas trading has short- to medium-term expectations.
Cryptocurrency trading works similarly to that forex trading, but the crypto market is considered extremely volatile. It is essential for beginners and crypto savvies to keep an eye on the market all the time to understand the market trends and patterns
Closing Thoughts
DOMINO DEX provides its users with educational content, such as FAQs, blogs, and articles, in addition to the platform’s numerous safeguards and frequent social media posts. You can learn more about DEX and how it will impact the future of the DeFi industry on DOMINO DEX Medium.
In the meantime, users can follow the ABBC Foundation and DOMINO DEX on Facebook, Twitter, Instagram, LinkedIn, and Telegram for updates and news.
We will keep you posted!
