Trending now

NodeOps Network $NODE Token Generation Event Sells…

Zilliqa 2.0 Launches: A New Era for…

LF Labs (LF Coin) Breakout Steals Spotlight…

nTrader Wins Top Performing Trading Platform Award…

Dallas-Based Wilkerson Insurance Agency Offers Catastrophic Stop…

Wilkerson Insurance Agency Offers Tailored Home Healthcare…

John Tittelfitz Leads Breakthrough in PFOS Destruction…

How Leclerc & Co. Is Redefining Affordable…

Arbra Unveils Tokenized Private Equity Basket with…

Randolph Ogbekhilu on the shape-shifting role of…

Mrjung.net

  • Ethereum
    • Ethereum

      The Anatomy of Anonymity: How Dandelion Could Make…

      September 13, 2018

      Ethereum

      A Newly Launched Stablecoin You’ve Never Heard of…

      September 13, 2018

      Ethereum

      Bitstamp: An Overview of the Industry’s Oldest Active…

      September 13, 2018

      Ethereum

      Bitcoin Price Analysis: Strong Rally Tests Trend-Changing Behavior

      September 13, 2018

      Ethereum

      Bitcoin as a Privacycoin: This Tech is Making…

      September 13, 2018

  • Bitcoin
    • Bitcoin

      Abra CEO Believes Bitcoin ETF Eminent, SEC Just…

      September 13, 2018

      Bitcoin

      Mt. Gox Opens Rehabilitation Filing System to Corporate…

      September 13, 2018

      Bitcoin

      World Economic Forum and the Chinese Cryptocurrency Space

      September 13, 2018

      Bitcoin

      Federal Judge Applies Long Established Securities Law to…

      September 13, 2018

      Bitcoin

      Biking Across America, Crypto Cyclists Look to Raise…

      September 13, 2018

  • Markets
    • Markets

      OKEx Founder Released After Questioning in Connection With…

      September 13, 2018

      Markets

      Two-for-One: SEC Slaps Crypto Hedge Fund, Broker With…

      September 13, 2018

      Markets

      Ripple and R3 Reach Settlement in Year-Long Court…

      September 13, 2018

      Markets

      DevCon 4 Will Set the Stage for Ethereum’s…

      September 13, 2018

      Markets

      Stellar-Based Lightyear Acquires Chain, Forms New Entity

      September 13, 2018

  • Guides
    • Guides

      Bitcoin Magazine’s Week in Review: Lightning, Launches and…

      September 13, 2018

      Guides

      Equity Trust Builds New Frontier of Crypto-Based Retirement…

      September 13, 2018

      Guides

      Crypto, Blockchain Companies Shine in LinkedIn’s Top 50…

      September 13, 2018

      Guides

      Distributed Dialogues: Governance and Decentralized Platforms

      September 13, 2018

      Guides

      Battle of the Privacycoins: Why Dash Is Not…

      September 13, 2018

  • Analytic
    • Analytic

      Bitcoin crash: This man lost his savings when…

      September 13, 2018

      Analytic

      Bitcoin crash: This man lost his savings when…

      September 13, 2018

      Analytic

      Lightning Ramp and Casa Join Hands to Develop…

      September 13, 2018

      Analytic

      You Can Now Pay With Bitcoin Via Lightning…

      September 13, 2018

      Analytic

      Abra Supports SEPA Bank Transfers, Enabling Crypto Purchases…

      September 13, 2018

  • Exchange
    • Exchange

      IBM Introduces ‘World Wire’ Payment System on Stellar…

      September 13, 2018

      Exchange

      Lightning Is Made at the #LightningHackday Series in…

      September 13, 2018

      Exchange

      Pellentesque mattis ex eget malesuada consequat. Sed blandit…

      September 13, 2018

      Exchange

      Goldman Sachs Puts Plans for a Crypto Trading…

      September 13, 2018

      Exchange

      Pellentesque mattis ex eget malesuada consequat. Sed blandit…

      September 13, 2018

  • Contact
Mrjung.net
News

India’s First Truly Decentralized Exchange RupayDex set to launch, enables trading in Rupees

by Binary News NetworkMay 3, 20220427

Delhi, India, 3rd May 2022, ZEXPRWIRE, RupayDex, which was first conceptualized in 2022, will provide a solid platform for application-specific networks to connect and deploy easily. Interoperability between different assets on multiple networks is possible from our perspective. Our technical DEFI approach can tackle problems that have hampered DEFI in the past. This will be accomplished by developing an effective aggregation protocol that will intelligently aggregate liquidity from the whole crypto market on one decentralized platform — RupayDex. Beyond the moon and mars, we’re aiming towards RupayDex.

What are our identities?

The Binance smart blockchain network has proven to be a competitive launch pad for new DEFI initiatives. With the current surge in BSC (Binance smart chain) usage, we’ve already seen some indications of end-user attitudes and behavior. As a result, RupayDex will continue to operate on Binance’s smart chain, commonly known as BNB Chain.

OUR OBJECTIVES

Our long-term objective is to generate a system that can communicate with both centralized and decentralized exchanges. This will enable safe cross-chain trading as well as access to liquidity throughout the whole crypto market. RPX will establish a community-based ecosystem of assets that will make a significant contribution. While also helping to establish markets, provide liquidity, and promote blockchain use as a whole.RPX tokens are used to generate interest and earnings. Because cryptocurrency is so volatile, only a small amount of RPX revenues will be used to invest in more reliable assets. To stabilize the RupayDex Ecosystem, financial markets or Defi protocols could be used.

Apart from an aggregated swap, RupayDex will continue to aggregate derivatives, yields, loans, and insured staking products, as well as create its combined margin using RPX tokens. We will also give APIs and arbitrage tools in the future to allow users to run automated arbitrage schemes.

Audited by Solid Proof, Rupay Dex has several Specialised Features such as:

  • IDO launchpad
  • SIP – SIP in Crypto
  • Blockchain Bridges
  • Multi-chain DEX
  • NFT Marketplace
  • Staking Aggregator
  • Yield Farming
  • Cryptocurrency lending or borrowing

Trading Incentive System That Isn’t Like Anything You’ve Ever Seen

Here’s how we came up with our answer, a one-of-a-kind trading incentive system:

The most pressing challenge for a newly launched AMM exchange is how to quickly generate sufficient trade volume. Liquidity providers might earn more money if there is more trading volume.

  • Traders that trade in specialized trading pairs might earn extra token prizes.
  • Traders will obtain the RDTC for the majority of trading pairs (Rupaydex Trader Credit).
  • Other projects can provide their tokens as trading rewards for the trading pairs of their tokens. (This means that for some trading pairs, traders may receive up to two tokens as trading rewards.)
  • As a result, additional projects will be able to incentivize trading, and they will be more successful eager to promote their users to choose Rupaydex as a trading platform

Fee for trading

A 0.2 percent fee is charged for each trade. Liquidity suppliers receive 0.17 percent, while the Rupaydex Treasury receives 0.03 percent.

WHY SHOULD YOU CHOOSE US OVER THE COMPETITION?

  • Increasing liquidity and market depth by combining order books from multiple exchanges.
  • At any given time, obtaining the best possible pricing from a theoretically limitless number of markets.
  • Due to their image as high-end traders, brokers are granted access to the best fees on each exchange.
  • There are no separate deposit/withdrawal fees; trades have a single, unified charge.
  • Streamlined online management across several mediums (web, mobile) with a single account
  • provides extensive and advanced analytics, as well as transparent accounting and reporting, as needed.
  • tracking of trade
  • Provides comprehensive and advanced analytics as requested.

About RupayDex

RupayDex is the first full aggregation protocol for crypto trading, allowing for cross-chain swaps and liquidity sourced from a mix of Defi and CeFi. Our machine learning and AI routing technology discover the best prices available from DEXes and (some) CEXes, resulting in better prices, less slippage, and faster settlement for traders.

RupayDex will run an exclusive Defi AMM aggregator system governed by RPX Tokens, the RupayDex Platform’s native token. Our token holders can lend, stake, and profit from their investments. Token holders on RupayDex receive substantial reductions on trading fees.

Join the Pre-sale now: https://presale.rupaydex.io/

Join the Airdrop: Rupaydex (For All)

Reward: ₹100~BTC (~$1.3)

End Date: May 31, 2022

Airdrop Link: Airdrop Page (https://sweepwidget.com/view/54140-03dq2f76/ul4x72-54140)

  • Complete the airdrop tasks.
  • Submit your BSC wallet address.
  • Every valid participant can win.
  • Some lucky winners will stand a chance to win 1 Full BTC. Let’s Go!

Disclaimer: Airdrop is 100% free. Don’t send any fee for receiving airdrop tokens.

Community & Social Media:

  • Telegram: https://t.me/rupaydex
  • Twitter: https://twitter.com/rupaydex 
  • Faceboo: https://www.facebook.com/rupaydex 
  • Linkedin: https://www.reddit.com/user/rupaydex 
  • Instagram: https://www.instagram.com/rupaydex/ 
  • Reddit: https://www.reddit.com/user/rupaydex 

Media Contacts

Company Name: Rupaydex

Official Email: [email protected]

The post India’s First Truly Decentralized Exchange RupayDex set to launch, enables trading in Rupees appeared first on Zex PR Wire.

Information contained on this page is provided by an independent third-party content provider. Binary News Network and this Site make no warranties or representations in connection therewith. If you are affiliated with this page and would like it removed please contact [email protected]

Share0
previous post
Rafinha, an International Football (Soccer) Superstar, is now an Ambassador and Investor of Influencio
next post
Olukayode Jinadu to Donate Funds to Support After School Programs Across The US
Binary News Network

Related posts

RideBoom India soon Going to start its bike rides service in Mandi, Shimla, and Dharmshala

Binary News NetworkJuly 26, 2022

Allied Enrollment Centers Celebrates Customers’ Positive Feedback and Pledges Enhanced Services

Binary News NetworkDecember 5, 2024

Eco-Friendly Build Your Own Paper Plane Launcher Challenge 2022

Binary News NetworkFebruary 15, 2022

Recent Posts

  • NodeOps Network $NODE Token Generation Event Sells Out in Minutes via Binance Wallet, Debuts Across Top Global Exchanges
  • Zilliqa 2.0 Launches: A New Era for Scalable, Institution-Ready, and EVM-Compatible Blockchain Infrastructure
  • LF Labs (LF Coin) Breakout Steals Spotlight as Shiba Inu Price Targets $0.000017 Return
  • nTrader Wins Top Performing Trading Platform Award at Forex Traders Summit 2025
  • Dallas-Based Wilkerson Insurance Agency Offers Catastrophic Stop Loss and Group Health Plans for Small Businesses in Dallas

Popular posts

Introducing InfoVote App: A Free, Non-Partisan, Civic Information...

Binary News NetworkFebruary 12, 2021
February 12, 2021

VIC Rewards and XcelTrip are set to redefine...

wikiadminNovember 6, 2020
November 6, 2020

instaMek: the best way to get affordable and...

Binary News NetworkOctober 27, 2021
October 27, 2021

Canada Visa For Germany, Japan, Israel, Greece And...

Binary News NetworkMay 5, 2024
May 5, 2024

Devin McNeil Offers 1:1 Coaching Sessions to Help...

Binary News NetworkJanuary 23, 2025
January 23, 2025

Cody Gent, A Top-Rated Commercial Lawyer, Advises Upcoming...

Binary News NetworkOctober 25, 2023
October 25, 2023
@2022 - mrjung.net. Manage by Binary News Network
Mrjung.net
FacebookTwitterInstagramGoogleYoutube
  • Ethereum
  • Bitcoin
  • Markets
  • Guides
  • Analytic
  • Exchange
  • Contact