DexMex is a new type of decentralized exchange that brings some new and exciting features to the market. Those familiar with Uniswap, the world's top DEX in terms of market cap, can attest to the fact that your trading options are limited. The network only offers the most basic trading functions such as buy and sell. So what if you want to place more advanced trades while using a DEX? The development team behind DexMex believes they have the answer. DexMex is now live. The exchange offers users a host of features usually only found on CEXs. For example, you can strengthen your positions via a peer-to-peer leverage protocol that is built directly into the network. Leveraged trading is a favorite among experienced traders but has been missing in the decentralized sector. You can also short cryptocurrencies on DexMex. Shorting is a trading strategy that is very popular among institutional and experienced traders. When you short a digital asset, you make a large investment prior to a market downturn. In most instances, you will want to short with leverage. For those unfamiliar with shorting, it’s when you purchase an asset and sell your holdings immediately with the goal to buy back these coins at a later date. Once the coin's value drops, you repurchase the asset, pay back the loan, and keep the difference. DexMex borrows many of your favorite aspects from Uniswap such as its decentralized nature and the ability to stake coins and earn a passive income. Also, because the network is built atop of Ethereum's blockchain, you gain full interoperability within the ecosystem. You can trade any ERC-20 token, NFTs, and more. All trades are completed in a peer-to-peer manner that is designed to provide you with a safe and secure trading experience. Privacy is Important Unlike the majority of centralized exchanges available to the public, you won’t have to fill out long and often overly intrusive KYC forms. The non-custodial nature of DexMex means that your privacy can be respected. Also, it adds an extra layer of security to your trading because the exchange never holds your digital assets directly. Save on Fees DexMex users save on fees when compared to other popular exchanges. The network has a flat fee structure that charges a small 0.8% trading fee to enter a position. This fee rate is far less than centralized exchanges such as Coinbase that has been known to charge around 1.6% on trades. These savings help traders to secure higher ROIs. Get Your Fair Share Another cool feature and reason to consider switching over to DexMex is its fee redistribution model. The platform takes 0.05% of all staking fees and redistributes them to DEXM token holders. Redistribution models help to build confidence in platforms and provide users with incentives to hold the network's native token. Best of all, you won’t have to spend time converting these fees from reward tokens to another digital asset. All rewards are paid out directly in ETH on DexMex. Deflationary Protocols Designed to Provide Longevity
DexMex introduces various deflationary protocols to ensure the longevity of its profitability. Specifically, 0.02% of all fees are to be burned or used for buybacks. Both of these strategies can help to increase demand by reducing the total supply of tokens in circulation. Consequently, deflationary measures are seen as a requirement for most of today's DEXs. Multiple Positions DexMex traders can open long or short positions utilizing the easy-to-navigate interface. It doesn’t require any prior technical understanding to set up your trades. Additionally, the exchange offers open positions that function like perpetual futures with no preset close date. You can also stake your favorite coins and receive Etheruem (ETH) rewards for your participation. DexMex - A DEX Built by and For Traders It’s easy to see that DexMex did their research. The platform offers a combination of features that are not available anywhere else in the market at this time. DEX users are sure to appreciate the added ROI potential. Additionally, the non-custodial and decentralized structure of the exchange makes it ideal for privacy and security-minded investors seeking alternatives in the market. For these reasons, DexMex continues to see growing adoption.