ChainUp will launch a new product, the Perpetual Contract DEX System, providing customers with a secure and stable decentralized trading platform.
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ChainUp will launch a new product, the Perpetual Contract DEX System, providing customers with a secure and stable decentralized trading platform.
Global blockchain technology service provider ChainUp Group today announced the upcoming launch of its perpetual contract DEX (decentralized exchange) system.
Navigating Web3 tides with focused insightsGlobal blockchain technology service provider ChainUp Group today announced the upcoming launch of its perpetual contract DEX (decentralized exchange) system, becoming the world's first SaaS service company to offer a full suite of DEX solutions.
The solution enables customers to quickly and easily launch DEX trading services. It currently offers primarily perpetual contract DEX, spot DEX, and instant crypto purchase features. When using the DEX for trading, users are not required to register accounts or deposit cryptocurrencies as with traditional digital asset exchanges. Instead, they simply connect their wallet to start trading, retaining full custody of their tokens throughout the process. After transactions are completed, exchanged tokens are directly sent to the user’s connected decentralized wallet.
As is well known, compared to traditional cryptocurrency exchanges, DEX provides better protection of personal privacy and avoids issues such as frozen user accounts/assets or fund disputes. DEX also holds unique advantages in addressing global regulatory challenges and building trust around exchange security. Nevertheless, traditional cryptocurrency exchanges still possess irreplaceable strengths—such as efficiency, usability, and convenience. To combine these benefits, ChainUp has launched a perpetual contract DEX that integrates the best features of both models.
ChainUp recognizes that most users are more familiar with traditional cryptocurrency trading systems in terms of operational ease, usage time, and habits. Therefore, ChainUp's perpetual contract DEX adopts the interface design and operation flow of traditional exchanges, eliminating concerns about operational errors and allowing users to quickly master its use without relearning a new interface. Additionally, ChainUp provides deep liquidity and order book depth, enabling users to conduct direct spot or contract trading. The ChainUp perpetual contract DEX supports high-leverage trading, offering users higher potential returns. With low transaction fees and reduced GAS costs, it creates additional dimensions of profitability for users.
Tan Bin Ru, Deputy CEO and COO of ChainUp Group, commented: "By combining the strengths of traditional and modern cryptocurrency exchanges, we help clients address pain points such as privacy and wallet protection. ChainUp has already served 450 exchange clients and will continue innovating our solutions to meet evolving regulatory standards, delivering even better service to our clients."
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