Okcash • OK is now available over MDEX

Okcash

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Now you can trade OK on MDEX and over the OK/BUSD pairs at:
https://bsc.mdex.com/#/swap?outputCurrency=0x523821d20a283d955f6205B4C9252779Cd0f964B&inputCurrency=0xe9e7CEA3DedcA5984780Bafc599bD69ADd087D56

What Is Mdex (MDX)?

Mdex is the abbreviation of Mandala Exchange, which is a decentralised exchange platform. It aims to integrate the useful features of different chains and create a high-performance decentralised Defi ecology. This ecology aims to integrate a decentralised exchange (DEX), an Initial Model Offering (IMO), and a Decentralised autonomous organisation (DAO).

It has been installed on the Binance Smart Chain (BSC) and the Huobi Eco Chain (HECO). However, users can use the MDEX Bridge to make cross-chain transactions on BSC, HECO and Ethereum. Moreover, Mdex provides a one-stop solution for liquidity services. It uses a unique automated market maker to maintain liquidity.

These liquidity services are used for high-quality assets. As such, it provides users with safe, reliable, diversified, and cost-effective transactions. Not just that, the total value locked on the platform ranked top on DEX ranking from CoinMarketCap and CoinGecko. It aims to expand its applications and lower barriers to financial services.

The platform aims to enable fair pricing of assets with no-arbitrage. It also aims to enable instant settlement (within 3 seconds) of transactions and free flow of values. Over time, the platform plans to support Ethereum layer 2 networks, OKExChain, DOT, NEAR etc. Therefore, building a fast, highly efficient, and low-cost decentralised exchange platform for cross-chain transactions.

Features of MDEX

MDEX is one of those platforms that are able to bring in a lot of users by the sheer power of features and functionalities, even if they are not linked on the biggest chains by market cap. This MDEX review covers the following features:-

• MDEX also comes with a feature through which individuals can bridge their asset cross-chain, for instance, trade MDX token from Heco chain to Binance smart chain. This is one of the most elite functionalities/tools that the platform offers for advanced traders.
• The decentralized platform is also a market maker which lets individuals stake their assets and gain returns on their assets. The crypto exchange also has functionality for swapping assets. The swap transactions can take place within 5 seconds while it might take several minutes on other platforms.
• The swap interface is also user-friendly. This adds to the attractive nature of MDEX. The Huobi eco chain is able to provide various benefits to individuals for liquidity mining as the generation of more MDX tokens means faster growth for the exchange.
• Each token gives users the power to cast votes and make decisions for the decentralized exchange as the governance is community-driven. Large pools are always an advantage for any platform and the 24-hour transaction volume for HECO and BSC has been consistently reaching a combined total in the range of $750+ Billion.

Learn how to use MDEX Decentralized exchange with this tutorial:
https://youtu.be/JkSjQxSp3yo

Learn more about OK:
https://okcash.co