The Proton Decentralized Exchange (Proton DEX) has added XDC to its list of supported cryptocurrencies. XDC, the native token of the XDC Network, is now available for trading on Proton DEX, providing users with more options for buying and selling cryptocurrencies.
About XDC – A High-Performance EVM-Compatible Network
XDC Network is an enterprise-grade, EVM-compatible Layer 1 network equipped with smart contract capabilities. It is a highly optimized, bespoke fork of Ethereum that reaches consensus through a delegated proof-of-stake (XDPoS) mechanism. With two-second transaction times, near zero gas fees, and over 2,000 transactions per second (TPS), XDC Network is secure, scalable, and highly efficient. The network powers a wide range of novel blockchain use cases and is set to receive a consensus upgrade called XDC 2.0 that will bring state-of-the-art Byzantine fault tolerance (BFT) to the network in 2023.
Trading Competition – $5,000 Prize Pool in XDC Tokens
To celebrate the listing of XDC on Proton DEX, a trading competition will be launched next week. The competition will last for three weeks, and the top three traders with the most trading volume on XDC, will receive XDC tokens worth $2500, $1500, and $1000, respectively.
Anyone can participate, and market-makers are excluded. Stay tuned for more details on how to join the competition.
Twitter Space AMA – Join the Conversation with Jon McBee
Join the conversation with Jon McBee, Director of Integration at XDC, as he talks about everything XDC. Learn what the company is up to, what it means to be partnered with Proton DEX, and what the listing on the dex means for the future of XDC.
The Twitter Space will take place on Tuesday, April 4, 2023, at 1 PM ET.
Proton DEX – A Revolutionary Decentralized Exchange
Proton DEX is a fully decentralized exchange that allows users to trade cryptocurrencies without intermediaries, making it more secure and reliable. Transactions occur directly between the buyers and sellers in a peer-to-peer marketplace, with no middleman risk posed by centralized exchanges (CEX) or lending platforms. Proton DEX is compliant and regulated through Proton Blockchain’s on-chain KYC, offering users the highest level of security and regulatory compliance. With instant transactions, no gas fees for on-chain transactions, and attractive fee discounts when staking XPR, Proton DEX provides users with the best of both worlds – the trading features of a centralized exchange and the security of decentralized trading.
How to Get Started Trading on Proton DEX
To get started trading on Proton DEX, users will need a WebAuth Wallet. WebAuth is the new industry standard for device authentication, identity management, payment processing, and cryptocurrency transactions for Web 3.0, built on the Proton blockchain.
With WebAuth.com, users can approve transactions, make crypto payments, link their decentralized identity, verify/add/remove access for all logins, and reject impersonation attempts through the use of their smartphone. The WebAuth wallet is also available for the browser, allowing users to seamlessly trade on desktop without having to authenticate transactions using their phone. Once users have set up their WebAuth Wallet, they can start trading XDC and other cryptocurrencies on Proton DEX.