100% Decentralized Futures Trading Better Than Centralized Futures Trading

After a long period of unremitting efforts, Position Exchange is overwhelmingly honoured to announce that our Decentralized Perpetual Trading Protocol (DPTP) 2.0 – a 100% decentralized futures trading platform, has been officially released.   

On July 28, 2021, Position Exchange introduced itself to the world for the first time. A journey has gone by full of up-and-down events. Experiencing an overall downtrend, there’s no way to sugarcoat the fact that crypto markets are having a challenging year. Despite the crypto market volatility, our team has kept an optimistic outlook and, side by side built Position Exchange to become the ultimate crypto platform for all DeFi users. 

In that state of flux, it is expected that the blockchain industry will continue to expand in the years to come. We are still here to keep trying to improve ourselves day by day. At the moment, we have gained almost 720 thousand POSI holders, over $6.2 million Total Value Locked and numerous new features to be introduced. 

About this version of DPTP, Position Exchange CEO Justin shared: 

“Designed to deliver all the advantages of Decentralized Finance whilst bringing the traditional Centralized Finance experience and tools onboard, Position Exchange believes that our Decentralized Perpetual Trading Protocol 2.0 is a best-of-both-worlds approach. Witnessing recent events regarding centralized exchanges, the birth of DPTP 2.0 will promisingly be a game changer in the crypto world. Heading towards a brighter future, DPTP to the moon!”  

Chief technology officer Danny added:

“Being the first ever to use Orderbook on EVM, Position Exchange DPTP 2.0 guarantees an easier way for users to transact in a CEX-like experience. With our technology, DPTP 2.0 represents a futures exchange where token holders can utilize leverage to make quicker and higher profits with lower transaction fees.” 

To emphasize, CEO Justin also said: 

In contrast with cumbersome steps like in CEX (Centralized Exchanges), Position Exchange’s DPTP version 2 prioritizes customers’ privacy and anonymity by not requiring them to fill out KYC forms while empowering them to have full control of their assets. Working with the motto of transparency and non-interference in users’ activities, codes and transactions on DPTP 2.0 are tamper-proof, which means no one can modify the code (the DAOs rules) without being noticed. Besides, traders can always expect their buy and sell orders to get filled promptly without having to worry about slippage as DPTP 2.0 provides approximate 0% slippage to open/close positions. Position Exchange DPTP 2.0 provides a generously wide range of leverage for accounts with a balance from $0 so that every trader can grow their portfolio no matter their account balance.” 

All in all, we hope that this new version of Position Exchange DPTP will open the door to the Futures space for everyone, whether you are a beginner or a seasoned trader. DPTP 2.0 will assist in the diversification of the DeFi market while building a stronger community. 

Start your futures trading journey today with Position Exchange DPTP 2.0 and feel the outstanding convenience!

For the latest information, connect with us on:

  • Website: https://position.exchange/
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  • Business Contact: [email protected]