Unizen Grows Its CeDeFi Exchange, Adding ZCX/USDT Trading Pair Into The Mix
May 18 2022 - 6:03AM
NEWSBTC
CeDeFi exchange platform Unizen is adding new options for holders
of its utility token with the addition of the ZCX/USDT trading pair
on its platform. Unizen is the operator of a smart exchange
platform that’s focused on marrying centralized and decentralized
exchanges, a concept known as CeDeFi. Its platform operates under
customary financial regulations yet also plays nicely with modern
innovations within the world of decentralized finance. Through
Unizen, traders get to access the liquidity of centralized
exchanges and the unique functionality of various DeFi apps, along
with the best possible rates when trading different assets. Besides
its advanced trading options, Unizen offers Dynamic Multi-Asset
Staking functionality where users can stake their ZCX tokens in an
array of liquidity pools to earn rewards in multiple kinds of
crypto assets. ZCX also enables governance, with holders able to
vote on various issues affecting the platform that require the
community’s consensus. In addition, ZCX holders get to participate
in crowdfunding on ZenX Labs, which is Unizen’s accelerator for
emerging crypto projects. Given the versatility of the ZCX token it
has seen big demand from Unizen’s community. There will likely be a
lot of interest in the ZCX/USDT trading pair, which gives holders
the ability to easily swap their tokens with Tether stablecoins.
There is more to come as well, as Unizen has promised that this is
the first of many new listings to emerge on its platform. Over the
coming weeks and months, Unizen said plans to launch multiple new
trading pairs that will provide additional options and
opportunities for its users. As to what those new pairs will be,
that hasn’t been revealed. However, Unizen said the forthcoming
pairs will include a number of “partner projects” as well as the
winners of its “Tournament of the Alt” competition. With so much to
look forward too, Unizen believes its platform is all set to become
the “destination of choice” for retail and institutional investors
looking to explore the emerging world of CeDeFi. Image
source: Unizen
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