TechFlow News — According to CoinDesk, DEX aggregation platform ParaSwap has announced the launch of a peer-to-peer NFT trading application, claimed to be the first of its kind on the Apple App Store. The app allows sellers to create custom orders for their NFTs, which can be sent directly to buyers, with transactions powered by ParaSwap's DEX engine in the backend. Both parties can trade using their preferred tokens. The app will integrate Ramp as a fiat on-ramp and will waive trading fees for the first three weeks or until trading volume reaches $500,000. Gas fees incurred from trades made using tokens other than Ethereum on the platform will be permanently reimbursed.
In May last year, ParaSwap raised $3 million in funding led by Blockchain Capital.
