#Crypto Perpetual Exchange Development

[plurancetechnologies]

How businesses can earn revenue by launching a Perpetual Exchange?

In the world of cryptocurrency, perpetual exchanges have emerged as a lucrative avenue for businesses to generate revenue. But what exactly is a perpetual exchange, and how can businesses benefit from launching one? Let's delve into the basics.

A perpetual exchange, in simple terms, is a platform where traders can buy and sell cryptocurrencies without an expiration date. Unlike traditional exchanges where trades are executed within a set timeframe, perpetual exchanges allow for continuous trading, hence the term "perpetual." This flexibility attracts traders who seek round-the-clock access to the crypto market.

For businesses looking to capitalize on this growing trend, launching a perpetual exchange can be a strategic move. By leveraging decentralized crypto perpetual exchange software, provided by leading crypto perpetual exchange development company, Plurance, businesses can establish their own decentralized exchange platform tailored to their specific needs.

So, how exactly can businesses earn revenue through a perpetual exchange?

Trading Fees: One of the primary revenue streams for perpetual exchanges is through trading fees. Every trade executed on the platform incurs a small fee, which accumulates over time. By attracting a large user base and facilitating high trading volumes, businesses can generate substantial revenue from these fees.

Leverage Trading: Perpetual exchanges often offer leverage trading options, allowing traders to amplify their positions with borrowed funds. While this increases the risk for traders, it also presents an opportunity for businesses to earn revenue through interest on leveraged trades.

Market Making: Businesses can act as market makers on their own exchange, providing liquidity by continuously buying and selling assets. In return for this service, market makers earn a spread on each trade, contributing to the exchange's revenue.

Listing Fees: Cryptocurrency projects seeking exposure often pay listing fees to have their tokens listed on popular exchanges. By offering a platform for token listings, businesses can earn revenue through these fees while also expanding their exchange's asset offerings.

Token Sales and IEOs: Perpetual exchanges can host token sales or initial exchange offerings (IEOs) for new cryptocurrency projects. By facilitating these fundraising events, businesses can earn revenue through participation fees or a percentage of the tokens sold.

Conclusion:

Launching a perpetual exchange presents businesses with a lucrative opportunity to tap into the growing crypto market. Plurance provides the best crypto perpetual exchange software that helps businesses to create a decentralized exchange tailored to their needs and capitalize on various revenue streams. By staying innovative and responsive to market demands, businesses can position themselves for long-term success in the dynamic world of cryptocurrency exchanges.

Contact us to get a free demo of Decentralized Perpetual Exchange Software!

[singulardex]

Unleashing Singular Coin Potential on DeFi Trading Platforms Today

Digital finance is shifting rapidly, with utility tokens becoming central to how users interact across decentralised protocols. These tokens are more than just a medium of exchange—they often provide access, incentives, or governance rights within platforms. One such asset is the singular coin, designed to enhance decentralised experiences while remaining flexible across evolving ecosystems. Its adaptable nature makes it a valuable component for anyone engaging with the broader blockchain environment in search of deeper utility beyond mere speculation.

How Singular Coin Reinforces Transactional Power

In the decentralised finance space, speed, cost-efficiency, and network flexibility can make or break a transaction. The singular coin is built to handle high-volume throughput while maintaining minimal fees and seamless integration with multiple protocols. This strength supports both micro and macro-level transactions, which appeals to a wide spectrum of crypto users, from independent developers to advanced institutional participants. As a cross-functional token, it strengthens ecosystems by offering consistency across smart contracts and decentralised applications without unnecessary friction.

Expanding Opportunities Through Token-Based Platforms

Token-centric platforms open new doors for traders and builders alike. The digital finance world is now filled with systems allowing on-chain governance, permissionless trading, and smart contract innovation. Platforms that integrate assets like singular coin help facilitate access to decentralised exchanges, liquidity pools, and cross-chain operations. These functions create a self-sustaining environment that continuously attracts new participants while also rewarding long-term engagement. The effect is an ecosystem that builds trust through transparency and decentralisation without being hindered by third-party interference.

Why DeFi Trading Platforms Are Changing Market Dynamics

One of the most significant shifts in crypto finance has been the rise of Defi Trading Platforms, which remove traditional barriers and reduce dependency on centralised infrastructure. These platforms allow for non-custodial trading, meaning users maintain full control over their assets while still accessing competitive liquidity and real-time pricing. Integrating tools like limit orders, perpetual contracts, and synthetic asset swaps, they reshape how traders operate. More platforms now enable seamless interaction between users and smart contracts, decentralising the exchange of value on a global scale.

Seamless Integration Between Tokens and DeFi Frameworks

The relationship between utility tokens and Defi Trading Platforms continues to deepen as developers design protocols that speak directly to evolving user demands. Tokens like singular coin are engineered for this synergy, working within DeFi frameworks to fuel staking, lending, governance, and even yield strategies. As traders interact with these systems, they gain access to tools that respond dynamically to network conditions, empowering strategic decisions while still honouring the permissionless ethos of decentralised finance. This integration is foundational to the next generation of digital marketplaces.

Conclusion

Digital finance demands innovation, and that means creating ecosystems where assets and tools align seamlessly. With platforms like singulardex.com, users gain access to highly functional tokens and robust infrastructures that prioritise decentralisation, speed, and security. From powering real-time trades to supporting governance mechanisms, singular coin remains an essential player within the evolving framework of Defi Trading Platforms. These tools offer a practical way forward for traders seeking autonomy and adaptability in a shifting market. Such platforms are changing access and wealth generation across blockchain networks as the terrain grows.

Blog Source Url:-https://singulardex.blogspot.com/2025/07/unleashing-singular-coin-potential-on.html

[tomhardy001]

Top Features to Include in a Crypto Derivatives Trading Platform

Introduction

The cryptocurrency market has developed rapidly over the years, and with it, the demand for advanced trading platforms has increased. The most promising segments are crypto derivative space, where traders can guess the future price of cryptocurrency using financial contracts. 

To develop a crypto derivative exchange only requires more than backend coding and user interface design - it demands a strategic attention to performance, compliance, safety and innovation.

In this blog, we will explore top features to include in the crypto derivative trading platform, especially for businesses or entrepreneurs investing in crypto derivative exchange development. Whether you are making an existing system with scratches or upgrading, these features are essential for long -term success.

Navigating the Complex World of Crypto Derivatives

Crypto derivatives such as futures, options and always contract users to manage risk, take advantage of capital and manage hedge market exposure. Unlike spot trading, derivatives require more complex infrastructure to ensure safety, efficiency and compliance.

A well -designed crypto derivative exchange should address issues such as real -time trading performance, instability management, scalability and user experience. With increasing institutional interest and retail adoption, margin is shrinking for error - and expectations are higher.

Top Features to Include

1. Robust Trading Engine

At the core of any derivatives exchange lies a powerful trading engine capable of handling high-frequency trades and thousands of transactions per second. A robust engine ensures:

Ultra-low latency for real-time order matching

Precision in order execution

Minimal downtime and error handling mechanisms

It is crucial for the engine to support different order types (limit, market, stop limit) and enable continuous operations to deliver a seamless experience.

2. Multi-Asset Derivatives Support

A modern derivatives platform should not limit itself to Bitcoin or Ethereum alone. Traders seek access to a various of assets including:

Altcoins like Solana, Chainlink, and Litecoin

Stablecoins for margin trading

DeFi tokens or even tokenized commodities

Support for futures, perpetual contracts and options gives the platform flexibility to cater to different trading styles and strategies.

3. Advanced Risk Management Tools

Risk management is vital in any derivatives platform, especially when leverage is involved. Must-have features include:

Real-time margin monitoring

Auto-deleveraging systems

Insurance funds to protect users against massive losses

Customizable liquidation parameters

These features not only protect the platform from systemic risk but also build trust among professional traders and institutions.

4. Dynamic Leverage and Margin Control

The flexible leverage offering is a fundamental requirement in any crypto derivative exchange, but the one who separates a strong platform has the ability to apply dynamic leverage and intelligent margin control. Traders should be able to accommodate their leviation based on their risk hunger, volatility of trading pair and account balance. 

Including tier margin structures helps effectively manage exposure, ensuring that large positions require proportionally more collateral. The system must automatically accommodate margin requirements during the high-stagnation period to prevent the liquidity spiral and protect both the platform and its users.

5. Customizable User Interface (UI/UX)

An easy and adaptable user interface is required for the success of any crypto derivative trading platform. In a market where users range from casual retail traders to experienced professionals, the design of the platform must complete various preferences and workflows.

There is equally important mobile accessibility. With the increasing number of users trading on smartphones or tablets, a mobile first approach or through a dedicated mobile app, ensures traders are connected to markets anytime, anywhere.

By providing a user experience that combines simplicity with adaptation, platforms can significantly increase the users satisfaction, connectivity and overall trading efficiency.

6. Powerful Analytics & Charting Tools

Informed trading decisions rely heavily on data. Your derivatives exchange should offer:

Real-time price feeds and volume indicators

Advanced technical analysis tools

Historical trade data and market depth insights

Integrated charting solutions like TradingView APIs enhance the trader experience and help build platform credibility.

7. Automated Trading & Bot Integration

Algorithm and bot-powered business is a major part of the derivatives market. API that supports Rest/Websockets connectivity, low-latency data feeds and adaptable triggers, empower traders effectively to automate strategies.

The third-party bot and in-house strategy can attract tech-service users and hedge funds for builders.

8. Scalability & High Availability Infrastructure

Crypto markets operate 24/7 - downtime is not an option. You should have an infrastructure:

Cloud-native with load balance and horizontal scaling

Equipped with real-time monitoring and self-healing capabilities

Microservices for flexibility and rapid built on architecture

Failover mechanisms and redundant systems are also necessary to ensure continuous operation even during unexpected increases in traffic or technical glitches.

Conclusion

As the crypto industry matures, expectations from derivative exchanges are increasing rapidly. Security, speed, compliance and purposes are no longer optional - they are foundations. Including the above features prepares not only your platform for current demands, but also future proofs to develop market trends.

Investing in the crypto derivative exchange development is a strategic step that demands accuracy and foresight. Partnership with the correct technology provider can cause all differences.

Experienced players such as blockchainx development company bring deep expertise in architecture, exchange development and safety protocols - all necessary components of a successful derivative trading platform.

Whether you're targeting retail traders, institutions, or both — building with the right features is key to staying ahead in the competitive crypto derivatives landscape.

[mysterioustrooperservant]

How to Bridge Safety on Base Bridge in 2025

The expansion of the multichain universe has pushed interoperability to the forefront of decentralized finance. In this evolving landscape, Base Bridge emerges as a pivotal player, enabling frictionless asset transfers to and from the Base Network. As we progress through 2025, it’s clear that Base Bridge is more than a bridge—it's the backbone of efficient cross-chain strategies.

What Is Base Bridge?

Base Bridge is a decentralized protocol designed to move crypto assets securely across blockchains, with a focus on the Base Network. Built for speed and usability, the platform empowers users to explore the full potential of Layer-2 DeFi by making asset migration seamless and cost-effective.

Its GitHub repository confirms a commitment to open-source development and transparency, showcasing a growing ecosystem of integrations and continuous updates.

Real-World Use Cases for Base Bridge in 2025

1. Cross-Chain DeFi Arbitrage

In 2025, DeFi traders increasingly utilize Base Bridge to take advantage of price inefficiencies between Base and Ethereum. With faster settlement times and lower gas fees on Base, bridging assets into the network opens up arbitrage opportunities that simply aren't profitable on Layer-1.

This aligns with traditional financial concepts such as basis trading, where traders profit from the price difference between two markets—only now, it's being executed in a decentralized, automated way.

2. Onboarding to Base-Native dApps

Dozens of DeFi platforms are launching directly on the Base Network due to its scalability. Users rely on Base Bridge to move ETH, stablecoins, and governance tokens into the Base ecosystem, enabling participation in:

Lending platforms,

AMMs (automated market makers),

Perpetual DEXs,

NFT marketplaces.

Without Base Bridge, accessing these ecosystems would involve multiple centralized exchanges and increased fees.

3. DAO Treasury Diversification

Decentralized autonomous organizations (DAOs) are leveraging Base Bridge for treasury operations. Moving portions of their holdings to the Base Network helps them take advantage of yield farming, staking, and Layer-2 governance tools—all with minimal gas costs and fast execution.

4. Institutional-Grade Capital Movement

As institutional interest in Layer-2s grows, Base Bridge provides a path for efficient, on-chain movement of large funds between networks. Whether onboarding clients to Base or executing smart contract deployments, Base Bridge provides a trusted mechanism for capital reallocation.

Key Features That Make Base Bridge Ideal

Non-Custodial: You retain control of your funds during the bridging process.

Low Fees: Gas-efficient transactions are a major draw for active users.

Secure Transfers: Audits and on-chain proofs increase protocol security.

Broad Token Support: USDC, ETH, DAI, and more available for transfer.

Fast Settlements: No more waiting hours for bridge confirmations.

Learn more about bridging steps on CoinMarketCap Academy.

How to Use Base Bridge Effectively

To use Base Bridge in 2025, simply:

Go to the Base Bridge interface.

Connect your crypto wallet (e.g., MetaMask).

Select the source and destination chains.

Choose your token and amount.

Approve and confirm the bridge transaction.

Receive your funds on Base—fast and securely.

FAQ

Q: Can I bridge tokens from any network to Base? A: Base Bridge supports multiple networks, including Ethereum and other EVM chains. Check the interface for updated lists.

Q: What are the typical fees? A: Bridging to Base usually costs a small fee for gas and protocol usage, but it's significantly cheaper than Ethereum L1 transfers.

Q: Is Base Bridge safe to use? A: Yes. It’s non-custodial and uses smart contract audits to ensure security. Always verify you’re on the official domain.

Q: Can I track my transaction? A: Absolutely. After bridging, you’ll receive a transaction hash you can track via BaseScan or other block explorers.

Conclusion

As 2025 pushes crypto toward a multichain reality, Base Bridge is central to making it work. From everyday users to institutions and DAOs, it’s powering seamless movement between Ethereum and the growing Base ecosystem. By enabling fast, low-cost, and secure cross-chain activity, Base Bridge has become one of the most essential tools for modern DeFi.

Whether you're arbitraging, yield farming, or managing a DAO treasury, Base Bridge is your gateway to the Base Network and beyond. Visit Base Bridge and start exploring the multichain DeFi landscape today.

[sonicxswap]

SonicxSwap Private Sale Launching on May 31 — Get Early Access to $SX Tokens!

The decentralized finance (DeFi) space is booming, and exciting projects are continuously emerging to reshape how we trade, stake, and interact with blockchain technology. One such promising venture is SonicxSwap, a next-generation decentralized exchange (DEX) built on the innovative Sonic blockchain. If you’re looking to get in early on a cutting-edge DeFi platform, this is your chance. The SonicxSwap Private Sale officially launches on May 31, 2025, offering early adopters exclusive access to $SX tokens at the lowest price.

What is SonicxSwap?

SonicxSwap is more than just a DEX. It’s a comprehensive DeFi ecosystem designed to offer fast, secure, and affordable token swaps with additional features that empower users and creators alike. Here’s what makes SonicxSwap stand out:

Lightning-fast token swaps with minimal transaction fees

Staking and farming pools that enable users to earn passive income

A dedicated launchpad (SonicX.fun) for new token projects to raise funds and grow

Deflationary tokenomics that help increase token value over time

Community-driven governance through $SX token voting rights

SonicxSwap combines advanced blockchain technology with user-friendly features, making it accessible and rewarding for both novice and experienced crypto users.

Why Participate in the SonicxSwap Private Sale?

Private sales are often the best opportunity for crypto enthusiasts and investors to enter at an early stage — before tokens hit exchanges and prices rise. Here’s why SonicxSwap’s private sale is a can’t-miss event:

Exclusive Early Access: Buy $SX tokens before they are available on exchanges.

Lowest Price Guarantee: Private sale participants get the best token price at $0.035 per $SX.

Limited Supply: Only a fixed amount of tokens are available for private sale, making this an exclusive chance.

Support the Ecosystem: Your participation directly contributes to the growth and development of the Sonic blockchain ecosystem.

Important Private Sale Details

Sale Date: Starting May 31, 2025

Token: $SX

Price: $0.035 per $SX

Allocation: 4% of total supply (40 million tokens)

Total Supply: 1 billion $SX tokens

Funding Goal: $1.4 million

How to Join the SonicxSwap Private Sale

Participating in the private sale is straightforward:

Visit the Official Website: Head to SonicxSwap.com.

Get Whitelisted: Depending on the sale process, complete the necessary steps to qualify for participation.

Prepare Your Wallet: Make sure your crypto wallet is ready with the required funds to purchase tokens.

Participate on May 31: Be ready to purchase $SX tokens as soon as the sale opens.

Make sure to follow SonicxSwap’s official channels on Twitter, Telegram, and Discord for real-time updates and support.

What Makes $SX Tokens Valuable?

The $SX token is not just a simple utility token. It’s designed with multiple value-driving features:

Staking Rewards: Earn passive income by staking $SX in farming pools.

Governance Rights: Have a say in important platform decisions and upgrades.

Future Features: Access upcoming advanced trading options such as prediction markets, limit orders, and perpetual trading.

Deflationary Model: Regular buyback and burn events decrease supply, potentially increasing token value over time.

Why SonicxSwap is Poised for Success

With a clear roadmap and a community-first approach, SonicxSwap is setting new standards for DEX platforms. The combination of innovative technology, strong tokenomics, and strategic partnerships positions SonicxSwap as a potential leader in the DeFi space.

Final Thoughts: Don’t Miss Out

The SonicxSwap Private Sale launching on May 31 is a golden opportunity for early investors and DeFi enthusiasts to secure $SX tokens at a discounted price. This early access could be the key to unlocking substantial returns as the platform grows and the tokens gain value.

Mark your calendar and prepare to join the next wave of DeFi innovation with SonicxSwap.

Stay Connected

Website: SonicxSwap.com

Twitter: @SonicxDex

Telegram: https://t.me/SonicxSwap

Discord: https://discord.gg/2TxDWkrjuB

Get ready. Get early. Get $SX.

[cryptopulsedaily]

? #Wallets_and_Exchanges ? Gemini secures license to expand EU crypto derivatives offerings US-based Gemini has received a Markets in Financial Instruments Directive (MiFID) II license from the Malta Financial Services Authority (MFSA), according to a May 9 statement shared with CryptoSlate.This allows the exchange to offer regulated crypto derivatives across the European Union (EU) and European Economic Area (EEA).With the license, the exchange can begin offering select derivatives, in...(read more) #Crypto #Derivatives #expand #Gemini #license #Offerings #Secures ?

[singulardex]

Understanding the Power of DEX Trades in the Crypto World

In recent years, decentralized exchanges (DEXs) have rapidly evolved, reshaping how cryptocurrency trading operates. Traditional centralized exchanges (CEXs) have long been the dominant platform for trading digital assets, but the rise of DEX trades has introduced a new wave of possibilities. DEXs provide users with greater control over their assets, enabling peer-to-peer transactions without the need for a trusted third party. This decentralized approach minimizes security risks and enhances privacy, making DEX trades more appealing to traders who prioritize autonomy. The shift towards decentralized platforms marks a fundamental change in how cryptocurrencies are exchanged globally.

Exploring the Benefits of Dex Perpetual

One of the most exciting innovations in the decentralized finance (DeFi) space is Dex Perpetuals. Unlike traditional futures contracts, which have set expiration dates, perpetual contracts allow traders to speculate on the price of assets indefinitely. These contracts are a staple of DeFi trading because they enable traders to maintain open positions without worrying about rolling over contracts or managing expirations. Dex Perpetuals offer significant advantages, including high leverage, low fees, and the ability to trade on assets not available in traditional markets. By integrating perpetual contracts into the DEX ecosystem, platforms are offering more sophisticated trading tools that cater to both novice and experienced traders alike.

How DEX Trades Enhance Security and Privacy

One of the biggest draws of decentralized exchanges is their emphasis on security and privacy. Traditional centralized platforms require traders to deposit funds into exchange wallets, exposing assets to potential hacks and breaches. With DEX trades, however, users retain full control over their funds, eliminating the risk of exchange-related hacks. Additionally, because transactions are conducted peer-to-peer on the blockchain, the need for personal data disclosure is reduced, further enhancing privacy. This self-custody model is gaining traction, especially as privacy concerns continue to rise in the digital age. For traders who value anonymity and want to minimize risks, DEX trades provide a safer alternative.

The Growing Popularity of Dex Perpetuals in DeFi

Dex Perpetuals are quickly becoming one of the most sought-after products in the DeFi ecosystem. These contracts allow users to trade on the future price movements of various cryptocurrencies without the need for ownership of the underlying assets. The appeal lies in their ability to provide traders with exposure to multiple assets while minimizing the cost of capital required. This has led to a surge in the adoption of perpetual contracts on decentralized platforms, where users can access a wide variety of trading pairs and leverage their positions for greater returns. As the DeFi landscape grows, Dex Perpetuals are set to become a key component of decentralized trading.

The Future of DEX Trades: A New Era of Trading

Looking to the future, DEX trades are poised to continue disrupting the trading landscape. As blockchain technology evolves, the functionality and accessibility of decentralized exchanges are expected to improve significantly. Innovations in liquidity provision, cross-chain compatibility, and more advanced trading features are on the horizon. DEX platforms are also becoming more user-friendly, allowing individuals with varying levels of experience to engage in complex trading strategies. As the regulatory environment around cryptocurrencies becomes clearer, decentralized platforms will likely be at the forefront of providing open, accessible trading opportunities that remain in line with global standards and regulations.

Conclusion:

The evolution of decentralized exchanges and trades is an exciting development that continues to change the way people engage with cryptocurrency markets. As more traders embrace the security, autonomy, and transparency that these platforms offer, decentralized exchanges are becoming increasingly popular. Similarly, Dex Perpetuals are revolutionizing how traders can gain exposure to various assets, offering a more flexible and cost-effective alternative to traditional futures contracts. As the space grows, platforms like SingularDex.com will continue to lead the charge, providing innovative solutions that empower traders to take full control of their digital assets and future-proof their investment strategies.

Blog Source Url :- https://singulardex.blogspot.com/2025/05/understanding-power-of-dex-trades-in.html

[kanalcoin]

🚀💰 Bybit Just Spiced Up the Game with New Spot Margin Trading Assets! 💰🚀

Hold onto your keyboards, crypto aficionados! 🖥️ If you thought the $ETH and $BTC rollercoaster couldn't get any wilder, Bybit's latest drop might just change your mind. On April 29, 2025, our favorite exchange unveiled a lineup of new tokens for spot margin trading, and you know what that means? More ways to cash in on that sweet, sweet volatility! 💥

Let’s address the elephant in the room: they didn’t spill all the beans on the new token names. However, the MILK token is on the menu! 🥛 Yes, you heard that right! 😏 Want to know more about what’s brewing? Hit up Bybit’s official channels for the latest tea.

The buzz is real, and it's not just the crypto dad jokes you hear at the BBQ. Institutional traders are diving in, creating a surge in trading volumes that'll make even the bears sweat. 📈🤪 As reported, "

Perpetual open interest rises across tokens... particularly for $ETH."

It's like the party everyone wants to be at but in a virtual sense, you know?

Bybit has done it before, launching new tokens and watching the trading volumes skyrocket. 🏰 The trend suggests that these newcomers will keep the party going, attracting both newbies and seasoned pros. Just look at the historical data – it’s like Bybit is playing chess while the rest are still figuring out checkers. 🤷‍♂️

Want to ride this wave and catch the latest developments? Don’t miss your chance! Explore more about Bybit's exciting new assets right here: https://kanalcoin.com/bybit-new-assets-spot-margin. Whether you’re a whale or just dipping your toes, the waters are getting warmer! 🌊💵

Get that research rolling, and may the profits be ever in your favor. And remember, not financial advice - just good vibes. 😉

#Bybit #CryptoTrading #NewAssets #Ethereum #Bitcoin #SpotMargin #CryptoCommunity #InvestSmart

[insiderexpertwolf]

Master Your Trades: Essential Tools for Success on OKX

The world of cryptocurrency trading offers exciting opportunities, but it also presents significant challenges. The inherent fierce fluctuations in the market can lead to impulsive decisions and missed opportunities. Many traders find themselves struggling with emotional responses that can derail even well-thought-out strategies. However, advancements in trading technology are providing traders with an edge, offering the potential to minimize the impact of emotions through automation and enhance strategic planning. This article will guide you through five essential trading tools available on platforms like OKX that can help you trade with discipline and precision, ultimately aiming for more consistent results.

Essential Trading Tools to Elevate Your Trading Strategy

To navigate the complexities of the crypto market effectively, a trader needs a robust toolkit. Here are five essential tools, highlighted by OKX, that can significantly improve your trading approach:

Smart Arbitrage Bot: Automate your trades and capitalize on market inefficiencies.

PnL, Exit Price, Liquidation Price, and Average Price Calculators: Develop a comprehensive trading plan and evaluate risk-reward effectively.

Price Alert: Stay informed about critical price movements and respond swiftly to market changes.

Advanced Limit Orders: Trade strategically and manage risk by specifying your desired entry and exit prices.

Futures Analysis Tool: Evaluate your trading performance and identify areas for improvement.

Tips and Guides for Utilizing These Powerful Tools

Let's delve deeper into each of these tools and understand how you can integrate them into your trading routine for optimal results.

1. Automate Your Trades with the Smart Arbitrage Bot

Tip: Eliminate emotional trading by leveraging the power of automation.

Guide: Arbitrage is a strategy that seeks to profit from price differences of the same asset across different markets. The OKX smart arbitrage bot allows you to automate the "funding rate arbitrage" strategy between spot and perpetual positions. By setting up the bot, you can have it monitor different markets and execute quick trades when profitable discrepancies arise. This can help you stay ahead of the game without constantly monitoring market fluctuations and potentially making emotional decisions.

Example: Imagine Bitcoin is trading at a slightly higher price on one exchange compared to OKX. Your arbitrage bot, configured for spot and perpetual markets on OKX, could automatically buy Bitcoin on the lower-priced market (spot) and simultaneously sell it on the higher-priced market (perpetual contract), profiting from the small price difference. This process is repeated automatically as price discrepancies occur.

2. Develop a Strategic Trading Plan with Calculators

Tip: Prioritize discipline and strategic planning by utilizing calculators to evaluate risk and reward.

Guide: Successful trading hinges on having a well-defined trading plan. The PnL (Profit and Loss), Exit Price, Liquidation Price, and Average Price calculators are invaluable for crafting effective trades.

PnL Calculator: Helps you determine the potential profit or loss of a trade based on your entry and exit prices and position size.

Exit Price Calculator: Allows you to calculate the price at which you need to exit a trade to achieve a specific profit target or limit your losses.

Liquidation Price Calculator: Crucial for leveraged trading (like futures), this tool helps you understand the price at which your position will be automatically closed to prevent further losses.

Average Price Calculator: Useful for strategies involving scaling into or out of positions, this calculator helps you track your average entry or exit price.

By using these calculators before entering a trade, you can thoroughly evaluate the potential risk and reward, enabling you to manage your position sizes effectively and align your trades with your overall financial goals.

Example: You are considering a long position in Ethereum. Before entering, you use the PnL calculator to determine the potential profit if the price reaches your target and the potential loss if it drops to your stop-loss level. The Liquidation Price calculator helps you set a stop-loss that prevents liquidation given your leverage. This pre-trade analysis helps you assess if the risk-reward ratio aligns with your strategy.

3. Stay Agile with Price Alerts

Tip: Respond swiftly to market changes by setting up price alerts based on your chosen trading strategy.

Guide: Different trading strategies, such as momentum, swing, and position trading, require different levels of attention to price movements. The price alert tool allows you to set notifications for specific price levels. When the asset reaches your defined price, you will be alerted, enabling you to take timely action in accordance with your trading plan. This helps you capitalize on opportunities and react quickly to potential risks without constantly monitoring the charts.

Example: If your swing trading strategy identifies a key resistance level for a particular cryptocurrency, you can set a price alert slightly above that level. When the price reaches or surpasses this level, you'll receive a notification, prompting you to consider entering a long position based on a potential breakout.

4. Trade with Precision Using Advanced Limit Orders

Tip: Maintain control over your trades and minimize unfavorable entry points by utilizing advanced limit orders.

Guide: Advanced limit orders provide more flexibility than basic market orders. Instead of buying or selling at the best available price, you can specify the exact price at which you are willing to execute your trade. OKX offers options such as "Post Only," "Fill or Kill," and "Immediate or Cancel". These features allow you to maintain greater control, especially in volatile markets, ensuring that your orders are executed under specific conditions.

Post Only: Ensures your limit order is added to the order book and not immediately filled, potentially allowing you to pay lower maker fees.

Fill or Kill (FOK): Your entire order must be filled immediately at your specified price, or it will be cancelled.

Immediate or Cancel (IOC): Any portion of your order that can be filled immediately at your specified price will be executed, and the remaining unfilled portion will be cancelled.

By strategically using these advanced order types, you can aim for better entry and exit prices, thereby improving your overall trading efficiency and minimizing potential losses.

Example: You want to buy Bitcoin, but only if it drops to a specific support level. You can place a "Post Only" limit order at that price. This ensures that you will only buy if the price reaches your desired level, and your order will contribute to market liquidity rather than immediately taking it.

5. Evaluate and Refine with the Futures Analysis Tool

Tip: Track your trading performance to identify strengths and weaknesses and adapt your strategies for long-term success.

Guide: For futures traders, keeping a trade journal is crucial for assessing performance. The futures analysis tool on OKX provides a comprehensive way to track and evaluate your trades. It offers a calendar view of your trades, profitability analysis by ticker, and in-depth trading metrics. By regularly reviewing this data, you can gain valuable insights into your trading habits, identify successful strategies, and pinpoint areas where you might be making mistakes. Consistent evaluation and adaptation are key to long-term success in trading.

Example: By using the futures analysis tool, you might notice that you are consistently profitable when trading a specific cryptocurrency during a particular time of day but tend to incur losses when trading another asset during periods of high volatility. This insight can help you refine your trading strategy by focusing on your strengths and avoiding less profitable scenarios.

Conclusion

Mastering the art of trading requires more than just understanding market trends. It demands discipline, strategic planning, and the effective use of available tools. The five essential trading tools highlighted by OKX – the Smart Arbitrage Bot, PnL and other Calculators, Price Alerts, Advanced Limit Orders, and the Futures Analysis Tool – offer traders of all levels the ability to automate processes, plan meticulously, stay informed, execute precisely, and evaluate performance rigorously. By integrating these tools into your trading routine and adhering to a well-defined strategy, you can navigate the complexities of the cryptocurrency market with greater confidence and strive for more consistent and profitable outcomes. Remember that the key to long-term success lies in continuous learning, adaptation, and a disciplined approach to the markets.

[oliverethanrobin]

Top Decentralized Crypto Exchange Providers to Consider in 2025

As the world of cryptocurrency continues to evolve, decentralized exchanges (DEXs) are becoming increasingly popular. These platforms provide users with enhanced security, anonymity, and full asset control. For businesses and entrepreneurs looking to enter the market, partnering with a top-tier crypto exchange development company is essential to build a secure, scalable, and feature-rich platform. Let’s explore the leading decentralized crypto exchange providers to consider in 2025 and what makes them stand out.

Why Choose a Decentralized Exchange Platform?

Decentralized crypto exchanges offer significant advantages over centralized exchanges, including:

Enhanced Security: No central point of failure reduces the risk of hacking.

User Autonomy: Users maintain control of their private keys and assets.

Global Accessibility: Trade digital assets without geographical restrictions.

Transparency: Transactions are recorded on a public blockchain for full visibility.

Lower Fees: Reduced transaction costs by eliminating intermediaries.

Partnering with the right decentralized exchange development company can ensure your platform leverages these benefits while delivering a seamless user experience.

Key Features of a Robust DEX Platform

When considering a crypto exchange platform development company, look for providers that offer:

High Liquidity Solutions: Automated market makers (AMMs) and liquidity pools.

Smart Contract Integration: Secure, self-executing contracts for trustless transactions.

Multi-Currency Support: Compatibility with multiple blockchains and tokens.

User-Friendly Interface: Simplified design for traders of all experience levels.

Cross-Chain Trading: Interoperability for trading assets across different blockchains.

Governance Mechanisms: Allowing token holders to participate in decision-making processes.

These features ensure your decentralized exchange software is competitive and ready for market demand.

Top Decentralized Crypto Exchange Providers in 2025

Justtry Technologies

Renowned as a top crypto exchange development company, Justtry Technologies specializes in end-to-end decentralized exchange development services. They provide tailored solutions, including smart contract audits, liquidity management, and wallet integration. Their expertise in decentralized exchange software ensures high performance and scalability.

Blockchain Innovators

A leading decentralized exchange development company known for their expertise in DeFi solutions. They offer customizable platforms with advanced trading tools, staking features, and comprehensive security protocols.

CryptoForge Solutions

Expert crypto exchange developers in India, CryptoForge Solutions delivers high-performance DEX platforms with robust security protocols, lightning-fast transactions, and seamless multi-chain compatibility.

DEX Builders

This dex exchange development company focuses on building highly scalable platforms with features like perpetual swaps, multi-chain support, and governance tokens. They also offer extensive post-launch support and feature enhancements.

ChainCode Labs

A crypto exchange platform development company that excels in building decentralized exchanges with seamless user onboarding, advanced analytics, and real-time order books. They specialize in creating decentralized crypto exchange platforms tailored to niche markets.

Example of a Successful DEX

One standout example is Uniswap, a decentralized crypto exchange platform that revolutionized the DeFi space. By utilizing AMMs and allowing users to provide liquidity, Uniswap set a benchmark for DEX functionality and simplicity. Aspiring exchanges can draw inspiration from Uniswap’s model while incorporating unique features, such as cross-chain trading or governance tokens, to stand out in the market.

How to Choose the Right Development Partner

Selecting the best cryptocurrency exchange development service involves assessing factors like:

Experience & Expertise: Proven track record in decentralized exchange development.

Customization Capabilities: Ability to tailor features to your project’s needs.

Security Protocols: Implementation of multi-layer security measures, including cold storage and multi-signature wallets.

Regulatory Compliance: Knowledge of global regulations to ensure legal compliance.

Post-Launch Support: Ongoing maintenance, feature upgrades, and bug fixes to keep your platform competitive.

Final Thoughts

The demand for decentralized exchange platforms is only set to grow in 2025. You can launch a secure, innovative, and user-friendly platform that meets market expectations by partnering with a reliable decentralized exchange development company. Whether you’re looking for crypto exchange platform development, decentralized exchange software, or comprehensive decentralized exchange development services, the providers listed above are well-equipped to bring your vision to life.

Are you ready to build the next big DEX? Start by choosing a development partner that aligns with your goals, understands the evolving crypto landscape, and can deliver a future-proof solution!

[sonicstar211]

Sonicxswap Roadmap: Milestones and Vision

Follow on X https://x.com/SonicXswap Join Telegram https://t.me/SonicxSwap

Sonicxswap: Pioneering the Future of DeFi on Sonic Blockchain

The DeFi space is evolving rapidly, and SonicxSwap is at the forefront of this revolution. Built on the Sonic blockchain, our decentralized exchange (DEX) is designed to offer a seamless and innovative experience for traders, investors, and developers alike. With the Sonic blockchain’s mainnet set to go live soon, Sonicxswap is gearing up to make its mark in the decentralized world. Here’s an overview of our ambitious roadmap that sets the stage for a transformative journey.

Sonicxswap Roadmap: Milestones and Vision

1. Plan & Development ✅

Every great project begins with meticulous planning. Sonicxswap’s foundation is rooted in robust strategies, innovative technology, and a commitment to deliver value to the DeFi ecosystem. Our team has been hard at work crafting a platform that balances usability, scalability, and innovation.

2. Testnet Live ✅

Testing is the cornerstone of reliability. Sonicxswap has been rigorously tested on the Sonic blockchain’s testnet, ensuring our smart contracts and platform functionalities are secure, efficient, and ready for mainnet deployment.

3. Presale for $SX

The $SX token presale is a significant step towards onboarding the community and raising funds for future growth. With a target to raise $2 million, this presale is your opportunity to become an early supporter of Sonicxswap and gain access to a key asset in our ecosystem. $SX tokens sold during the presale are priced at $0.05, offering exceptional value to early adopters.

4. Mainnet Launch

When the Sonic blockchain’s mainnet goes live, Sonicxswap will officially launch, bringing a suite of features to users worldwide. This marks the beginning of our full-scale operations on a decentralized infrastructure. Users will gain access to secure and efficient swaps, staking pools, and liquidity farming right from the start.

5. $SX Launch on DEX & CEX

The $SX token will be launched simultaneously on Sonicxswap and three major centralized exchanges (CEXs), ensuring widespread accessibility and liquidity. This dual launch strategy underscores our commitment to bridging DeFi and traditional crypto trading platforms. The $SX token’s utility will be central to driving the platform’s economy and growth.

6. Pools & Farms with High APR

To incentivize liquidity and reward our community, Sonicxswap will introduce high-APR pools and farms. These features are designed to empower $SX holders and liquidity providers with substantial earning opportunities. The farming and staking pools will lock a significant portion of $SX supply, fostering scarcity and driving value for token holders.

7. Marketing Boost

A successful platform needs a strong community. With a dedicated marketing team of 10 professionals, we’re launching a comprehensive campaign to raise awareness about Sonicxswap and attract a global audience of DeFi enthusiasts. Our marketing initiatives include engaging content, partnerships with key influencers, and targeted campaigns to showcase the unique features of our platform.

8. $SX Airdrop & Partnerships

Strategic partnerships and airdrops are key to expanding our reach and rewarding our supporters. We’ll distribute $SX tokens through targeted airdrop campaigns and collaborate with innovative projects to enhance the Sonicxswap ecosystem. These initiatives will bring greater visibility and adoption to the Sonic blockchain and Sonicxswap platform.

Future Milestones

Our roadmap doesn’t stop here. Sonicxswap has a vision to introduce advanced features and expand its presence across multiple blockchains. Upcoming developments include:

Perpetual Trading: Offering perpetual futures trading with advanced tools for seasoned traders.

Limit Orders: Allowing users to set buy or sell orders at specific price levels for improved trading precision.

Prediction Markets: Introducing decentralized prediction markets for users to forecast and earn.

Bridge to Solana and Ethereum: Expanding interoperability by creating bridges to leading blockchains.

Becoming Validators on Sonic Blockchain: Supporting the Sonic network by participating in its validation process, ensuring security and decentralization.

These milestones are part of our long-term goal to establish Sonicxswap as a leader in the DeFi landscape. By combining cutting-edge technology with user-centric features, Sonicxswap is setting a new standard for decentralized exchanges.

Join the Sonicxswap Revolution

The Sonic blockchain offers a fertile ground for innovation, and Sonicxswap is leveraging its potential to redefine decentralized trading. With deflationary tokenomics, a robust roadmap, and an experienced team, Sonicxswap is poised to deliver unparalleled value to its community.

Be part of the DeFi revolution. Join us as we embark on this exciting journey and shape the future of finance on the Sonic blockchain.

Ready for the Sonic blockchain��revolution? Discover how SonicxSwap & Sonicx.Fun are setting new standards with unmatched performance, scalability, and innovation.

🌐 SonicxSwap 🌐 Sonicx.fun

📢 X (Twitter) 📢 Medium

🔗 Telegram 🔗 Reddit 🔗 Facebook 🔗 CoinMarketCap

🔗 Discord 🔗 GitHub 🔗 INSTAGRAM 🔗 YOUTUBE

#SONICBLOCKCHAIN #SONIC #S #SX #SONICX.FUN #SONICXSWAP #FTM #FANTOM

[sonicxswap]

Sonicxswap Roadmap: Milestones and Vision

SonicxSwap

Follow on X https://x.com/SonicXswap Join Telegram https://t.me/SonicxSwap

Sonicxswap: Pioneering the Future of DeFi on Sonic Blockchain

The DeFi space is evolving rapidly, and SonicxSwap is at the forefront of this revolution. Built on the Sonic blockchain, our decentralized exchange (DEX) is designed to offer a seamless and innovative experience for traders, investors, and developers alike. With the Sonic blockchain’s mainnet set to go live soon, Sonicxswap is gearing up to make its mark in the decentralized world. Here’s an overview of our ambitious roadmap that sets the stage for a transformative journey.

Sonicxswap Roadmap: Milestones and Vision

1. Plan & Development ✅

Every great project begins with meticulous planning. Sonicxswap’s foundation is rooted in robust strategies, innovative technology, and a commitment to deliver value to the DeFi ecosystem. Our team has been hard at work crafting a platform that balances usability, scalability, and innovation.

2. Testnet Live ✅

Testing is the cornerstone of reliability. Sonicxswap has been rigorously tested on the Sonic blockchain’s testnet, ensuring our smart contracts and platform functionalities are secure, efficient, and ready for mainnet deployment.

3. Presale for $SX

The $SX token presale is a significant step towards onboarding the community and raising funds for future growth. With a target to raise $2 million, this presale is your opportunity to become an early supporter of Sonicxswap and gain access to a key asset in our ecosystem. $SX tokens sold during the presale are priced at $0.05, offering exceptional value to early adopters.

4. Mainnet Launch

When the Sonic blockchain’s mainnet goes live, Sonicxswap will officially launch, bringing a suite of features to users worldwide. This marks the beginning of our full-scale operations on a decentralized infrastructure. Users will gain access to secure and efficient swaps, staking pools, and liquidity farming right from the start.

5. $SX Launch on DEX & CEX

The $SX token will be launched simultaneously on Sonicxswap and three major centralized exchanges (CEXs), ensuring widespread accessibility and liquidity. This dual launch strategy underscores our commitment to bridging DeFi and traditional crypto trading platforms. The $SX token’s utility will be central to driving the platform’s economy and growth.

6. Pools & Farms with High APR

To incentivize liquidity and reward our community, Sonicxswap will introduce high-APR pools and farms. These features are designed to empower $SX holders and liquidity providers with substantial earning opportunities. The farming and staking pools will lock a significant portion of $SX supply, fostering scarcity and driving value for token holders.

7. Marketing Boost

A successful platform needs a strong community. With a dedicated marketing team of 10 professionals, we’re launching a comprehensive campaign to raise awareness about Sonicxswap and attract a global audience of DeFi enthusiasts. Our marketing initiatives include engaging content, partnerships with key influencers, and targeted campaigns to showcase the unique features of our platform.

8. $SX Airdrop & Partnerships

Strategic partnerships and airdrops are key to expanding our reach and rewarding our supporters. We’ll distribute $SX tokens through targeted airdrop campaigns and collaborate with innovative projects to enhance the Sonicxswap ecosystem. These initiatives will bring greater visibility and adoption to the Sonic blockchain and Sonicxswap platform.

Future Milestones

Our roadmap doesn’t stop here. Sonicxswap has a vision to introduce advanced features and expand its presence across multiple blockchains. Upcoming developments include:

Perpetual Trading: Offering perpetual futures trading with advanced tools for seasoned traders.

Limit Orders: Allowing users to set buy or sell orders at specific price levels for improved trading precision.

Prediction Markets: Introducing decentralized prediction markets for users to forecast and earn.

Bridge to Solana and Ethereum: Expanding interoperability by creating bridges to leading blockchains.

Becoming Validators on Sonic Blockchain: Supporting the Sonic network by participating in its validation process, ensuring security and decentralization.

These milestones are part of our long-term goal to establish Sonicxswap as a leader in the DeFi landscape. By combining cutting-edge technology with user-centric features, Sonicxswap is setting a new standard for decentralized exchanges.

Join the Sonicxswap Revolution

The Sonic blockchain offers a fertile ground for innovation, and Sonicxswap is leveraging its potential to redefine decentralized trading. With deflationary tokenomics, a robust roadmap, and an experienced team, Sonicxswap is poised to deliver unparalleled value to its community.

Be part of the DeFi revolution. Join us as we embark on this exciting journey and shape the future of finance on the Sonic blockchain.

Ready for the Sonic blockchain revolution? Discover how SonicxSwap & Sonicx.Fun are setting new standards with unmatched performance, scalability, and innovation.

🌐 SonicxSwap 🌐 Sonicx.fun

📢 X (Twitter) 📢 Medium

🔗 Telegram 🔗 Reddit 🔗 Facebook 🔗 CoinMarketCap

🔗 Discord 🔗 GitHub 🔗 INSTAGRAM 🔗 YOUTUBE

#SONICBLOCKCHAIN #SONIC #S #SX #SONICX.FUN #SONICXSWAP #FTM #FANTOM

[dannydehekfacts]

Exposing Danny De Hek Misleading Claims

Introduction to Cryptocurrencies and Blockchain Technology

Cryptocurrencies are digital or virtual currencies that have been developed to match the parameters of fiat currency. They are decentralized and regulated by the use of encryption and blockchain. Compared to traditional fiat money, these are immeasurable and can only be exchanged over the Internet. Most cryptocurrencies use a distributed ledger called blockchain, which is a public financial transaction database and acts as a modern form of currency. Bitcoin is the first and oldest cryptocurrency, introduced in 2009.

Danny De Hek is a scammer and fraudster in the world of cryptocurrency. The approach to cryptocurrency management has been adopted all over the world due to its several aspects such as security, trust, and transparency, concurrently aiding the elimination of intermediaries. Although differences occur with respect to the use of blockchain, decentralization, and smart contracts in cryptocurrencies, the implementation is a trending subject among the public, researchers, and the financial and technological industries because of its potential in several fields such as insurance, the Internet of Things, telecommunications, logistics, gaming, and supply chain management.

Ponzi Scheme Frauds And Danny De Hek

Danny De Hek is a very famous name in the Ponzi scheme frauds. Threats and risks of cryptocurrencies are the main two aspects that need to be addressed. Irrespective of the unique characteristics, cryptocurrencies still remain a controversial approach regarding possible infrastructural security issues and the legalization, which mainly concerns security and protection from legal issues. Accordingly, the issues that need to be considered are the already occurring types of fraud and attacks within the blockchain and cryptocurrencies. In this paper, the most well-known and recent loopholes in the crypto world are discussed.

Introduction to Ponzi and Pyramid Schemes

Ponzi Is The Financial Crime. This technique is used by the Danny De Hek to trap innocent people. The subject of Ponzi schemes, with particular regard to complying with Bitcoin, has not been challenged before. The different regulatory space for Bitcoin, together with the proliferation of alleged investment opportunities offered in this space, requires renewed analysis of this fraudulent activity. This paper subjects these schemes to a comprehensive unpacking and identifies the distinctive actors that perpetuate this criminal activity. Notwithstanding the identity of the fraudsters, the similarities between Ponzi schemes and pyramid schemes are striking. This paper seeks to establish that the markets lack understanding and acceptance of the inherent risks associated with Bitcoin business platforms.

Pyramid Schemes Frauds

The further implication is that additional criminal laws might be necessary or legal definitions need to be corrected. The traditional definitions of Ponzi schemes and pyramid schemes are both located at the core of criminal laws, and the present impetus is to clarify and validate. It is acknowledged that the pervasive definition of the unconstitutional invalidity of both kinds of fraudulent financial activities is deemed excessive and, therefore, a dilution. Together with a much clearer understanding of the fluctuations, it is essential to allow the operation of Bitcoin to function legally. This paper contributes significantly to the developing normative dialogue around cryptocurrency, Bitcoin, and compliance in the face of fraudulent financial activities.

Initial Coin Offerings in the Crypto World

Initial Coin Offerings are also a very common tactic used by frauds in the crypto world. If you are also in his connection, then take your decision wisely. Over the last five years, the term cryptocurrency has been used in many adventurous headlines and inopportune tech dialogues. The concept of ICO has been the most controversial and unfamiliar currency, financial arrangements, and methodology due to its wide and fast acceptance process and involvement. Since the start of 2018, along with significant value losses in cryptocurrency markets, scam ICOs gained huge attention. The secure and innovative method for cryptocurrencies allows easy fundraising inside regulated financial exchanges. This cryptographic community was masterminded with a powerful belief that neither reflects the fraud exposure regulators had before widespread internet access was made for their social and investment decisions over scam ICOs.

Initial Coin Offerings (ICOs) are the most debated crypto-investing forum because of the digital debts and digital shares, and the challenge of litigation and consumer protection which must consider scam activities by their corresponding bodies. Initial Coin Offerings (ICOs) have successfully attracted considerable attention and interest in cryptology domains, financial systems, and media investment bloggers and supporters who appreciate the platforms' value using innovative ideas without physical devices whose primary business model is crowdfunding. Crowdfunding in ICO allows business startups in geographical locations to be most effectively selected by digital asset investors, especially in early-stage finance, to create digital assets freely tradable with cryptocurrencies within the coin exchange platforms.

Wrapping Up

Our main conclusion from this article is that take your decision wisely. Danny De Hek is a scammer. He knows how to trap people in the crypto world. His false promises and attractive offers can be a reason for big financial losses. Do not take his words at face value. This crucial step can help you avoid falling victim to wrong or misleading information.

Source: https://dvirderhy.wordpress.com/2024/10/17/exposing-danny-de-hek-misleading-claims/

[36crypto]

Bitnomial Launches U.S. Perpetual Futures Platform "Botanical," Backed by $25 Million Funding Round Led by Ripple

Crypto derivatives exchange Bitnomial has announced the upcoming launch of its new U.S.-based perpetual futures trading platform, “Botanical.” This development follows a successful $25 million funding round led by Ripple, including participation from new and existing investors. The funding will aid in expanding Bitnomial’s Commodity Futures Trading Commission (CFTC)-regulated exchange,…