HYBRID CRYPTO EXCHANGE: THE ONLY CRYPTO EXCHANGE THAT YOU’LL NEED
You don’t need to be an expert in cryptocurrency to realize that there are so many cryptocurrency exchanges in the crypto-space. And most of these exchanges are either centralized or decentralized exchanges. The big ones like Binance, Bitfinex or Coinbase are the centralized exchanges; which are prone to hacker attacks meanwhile the decentralized ones like RuDex, Waves Dex or BitShares are quite a hassle to operate.
But now the question is, have you ever used or heard about hybrid exchanges? Frankly speaking, hybrid exchanges are quite new to the crypto world. As the word “hybrid” says, it is a mixture of both centralized and decentralized exchanges. Technically, it is a new exchange that is based on the security and confidentiality of decentralized platforms, as well as the liquidity and functionality of centralized platforms.
Hybrid Crypto Exchange Concepts
The concept of a hybrid crypto exchange is to add or merge the good components of centralized and decentralized cryptocurrency exchange. In some instances, users trade directly from their wallets with tokens deposited into a smart contract before the trading begins. This ensures that no third-party entity maintains custody for the user’s funds which reduces potential security risks.
Hybrid crypto exchange development is gaining popularity, and hybrid cryptocurrency exchanges are known to be the next-generation crypto trading marketplace. They combine the benefits from both centralized and decentralized exchanges. Particularly, hybrid seeks to provide the liquidity and functionality of a centralized cryptocurrency exchange with the security and privacy of a decentralized exchange. Many startups, small businesses and big-sized enterprises believe hybrid crypto exchanges are the real future of cryptocurrency trading experience.
Benefits of a Hybrid Crypto Exchange
Before we look into the benefits of a hybrid crypto exchange, who might have an interest in it?
- Private investors
- Affiliate crypto exchanges in search of liquidity
- Traditional players in financial markets like Forex, with a keen eye for functional tools for handling cryptocurrencies and;
- Institution players looking to take part in the operations of the crypto market
What benefits do these individuals gain from a hybrid crypto exchange?
- Access to real-time operation
- Complete integration of present traditional solutions used in the blockchain infrastructure
- Interfaces and tools used by financial experts such as reliability, modularity, and scalability
- Rapid operation even with the rate of transaction processing being inferior to that of other payment systems e.g. Visa.
Inevitable Future Use of A Hybrid Crypto Exchange
Hybrid crypto exchanges are the unique mean that bridges the gap between the benefits of a centralized exchange and those of a decentralized exchange. This way, you don’t only get the trust of numerous users and cooperation with huge investors, but also the elimination of subordination to a third-party as well as reliable storage.
The exciting thing is that developers of hybrid crypto exchanges also have the prerequisites for a successful implementation of these platforms.
To Wrap It Up
The start looks pretty promising in hybrid crypto exchange solution. Why? Because it unites the advantages of a centralized exchange such as: cooperation with large investors and the trust of many users with the advantages of a decentralized exchange such as, absence of a higher authority and reliable storage.
But, at the same time we can’t undermine the value of centralized and decentralized exchanges. So far, they have been able to produce fruitful results for investors as well as the exchange owners. Hybrid is the new thing in the crypto market has already spread its wings to fly high in the sky. It will be interesting to see how worthy the predictions for blockchain technology turns out and break-in the concept of traditional exchanges
With a unique hybrid protocol, hybrid crypto exchanges aspire to become the reference when it comes to compliance, security, and fairness of all cryptocurrency exchanges.
Hybrid i-Digital Assets Exchange
HiDAEX is a hybrid digital asset exchange, which will bridge both conventional, and non-convential exchanges, all of which will be using blockchain connected, into a single exchange. It is meant to allow and ease the connectivity between the existing conventional and non-conventional exchanges with promise of greater liquidity in both markets.
HiDAEX is a financial infrastructure that utilizes the blockchain and hyperledger technology.
HiDAEX provide better access to trader’s capital thus creating more liquidity via the Fintech Revolution and also as the backbone for both non-conventional as well as the conventional exchanges or markets.
HiDAEX is a digital hybrid, digital asset exchange, through which all the other conventional and non-conventional exchanges will be connected.
HiDAEX will enable you to trade major digital assets (dgta), available in both crypto-crypto and crypto-fiat pairs. As we keep developing our exchange, traders will also be able to spot trade more kinds of crypto tokens as well as increased number of pairs.
One of the most important aspects to be considered while designing an exchange is the issue of managing liquidity. While coming up with the idea of HiDAEX, we put in considerable thought in deciding the best way forward for the management of liquidity on our exchange and designed our ecosystem to reflect these considerations.
HiDAEX ensures complete security and compliance by implementing XXX™ Cold wallet management, XXX™ & many more advanced features.
For more info, please visit our official website at https://isavan.io