Post
Topic
Board Altcoin Discussion
Re: Here's Why Stakenet's 2nd Layer DEX Will Beat Uniswap. Instant Trading: BTC/ETH
by
LeoBTCGod
on 02/09/2020, 12:22:45 UTC
In simple words, to beat uniswap they will have to come up with huge liquidity and volumes. Have you heard that uniswap has crossed the daily trading volume of coinbase pro already so to compete with uniswap in dex category is not easy now, it has just grown too big.

That's true, but you see people complaining over the gas fees on a daily level, which is kind of funny considering what Stakenet is building here, is what everyone seems to want from a DEX.

Instant trading
No Wrapped BS
Low fees.

The DEX itself can tap into any CEX's meaning you'll get the BEST price possible whenever you trade, without ever needing to access any CEX's directly.
This is done through Liquidity Providers, and trading through API's. If you want to know more, go do some research on "VORTEX", on the Stakenet roadmap Wink