On October 15, the largest South Korean exchange Bithumb, together with the ONEROOT blockchain platform, launched a decentralized Bithumb DEX exchange. The project was created using the Ethereum decentralized R1 protocol developed by ONEROOT.
Features of Bithumb DEX:
- DEX assets are stored in smart contracts and independently controlled by users, so there is no risk of losing assets;
- All transaction histories are stored in the blockchain;
- Token exchange protocol R1 allows to significantly increase the speed of transactions;
- DEX shares order and liquidity data with all exchanges based on the R1 protocol, providing users with better market depth and higher asset liquidity and others.
For more information, please follow the link.