Topic: A new #TEX exchange.🔥 User experience same as #CEX #transparency as #DEX (Read 107 times)

#TEX is a new concept which people believe it also need some time.

but for your mentioned that  it just a centralized exchange that wants to use decentralized means to mislead people. That is wrong, #TEX experience is same as centralized exchange, but the basic smart contract is the same as decentralized exchange, because that transaction data is open and transparent. All data is on the chain, everyone can supervise and check. And users manage their own funds instead of handing them over to exchanges, which is the most important.

The dev is developing the product,you can test it when the beta version is online.

Do not think you are special than the centralized exchanges. You are not even on any exchange listing site because you are yet to be new exchange. I can not trust new exchange until it grows and have reputation.

You are a centralized exchange.

This is what I found on your yet to exist site:



There are even many places you mentioned on your site that you are a centralized exchanges.

Know that there is nothing like a transparent exchanges, you are just a centralized exchange that wants to use decentralized means to mislead people.

https://www.tsp.exchange/

I do not need further explanation,  just give examples of TEX

Binance, OKX and Kucoin for CEX
Uniswap and Pancakeswap for DEX
List some exchanges for TEX is the question you have not answered. What exchanges are examples of TEX exchanges?

1.For the dex/TEX,anyone can add all coins which don't need the exchange to agree.
2.Compared with DEX such as uniswap and dydx, the liquidity of CEX is more sufficient.
3.TEX is the transparency exchange,which combine the security and transparency advantages of decentralized exchanges(DEXs) with the user experience advantages of centralized exchanges(CEXs), aiming to provide users with a better trading environment.

As for the difference with CEX you mentioned, it is more transparent and secure than CEX.maybe you can check this article:https://medium.com/@Tsp_Exchange/what-is-tex-how-is-it-different-from-cex-and-dex-dfef89ac952c

How are they decentralized exchanges? Can you trade bitcoin and other main coins like that on Ethereum Dex, Binance Dex and other smart contract decentralized exchanges? If truly they are decentralized, people should be able to trade all coins. Or if not all coins, it should not be in a way that you can only trade single main coins with just its tokens.

Some other reasons is because you can buy and trade fiat on centralized exchanges unlike the decentralized exchanges.

Who tells you that the decentralized exchanges are not liquid enough? The only one that I have checked before is this one that makes use of bnb as its main coin which is the Pancakeswap. There are others too. On Pancakeswap, BTC leverage is up to 200x. You know what that means for liquidity or how it is directly proportional to liquidity?

You have not explained the meaning of TEX, read what is in your post and notice that you have not even explained what it is. You are only talking about the importance. Without the meaning, you can not jump to the importance.

You register and login on TEX? So what makes it differ from CEX?

Mention some TEX exchanges?

Following the FTX collapse and SEC scrutiny on centralized exchanges(CEXs) like Binance and Coinbase, an increasing number of users have begun exploring decentralized exchanges (DEXs). Data from DefiLlama reveals that DEX trading volume surged to $133.1 billion in March, marking the third consecutive month of growth.

Despite these developments, a majority of users still opt for CEXs. The primary reason for this preference lies in the user experience issues associated with DEXs. These platforms present high barriers to entry and complex operations, such as private key management and wallet interaction, which differ from the user habits of CEXs. For newcomers, CEXs serve as a primary gateway, offering a familiar process to complete registration and KYC procedures. On the other hand, trading on DEXs like Uniswap v3 requires multiple steps and technical knowledge, including wallet usage, mnemonic phrase backups,etc. In contrast, CEXs follow a traditional Web2 model, ensuring consistent user habits and minimal educational costs.

Is there a solution that provide DEXs with user experience same as CEXs? Enter Transparency Exchange(TEX) .

TEX is an trading platform that to address the user experience issues associated with DEXs.

Registration and Login: Users easily register and log in with their phone or email.

Trading Experience: TEX offers professional market charts, a user-friendly trading interface, an app for trading anytime, anywhere.

Trade Depth: Users can experience limitless liquidity similar to CEXs.

Account Recovery (ERC-4337): To facilitate secure account recovery for users, TEX innovatively employs smart contract accounts (ERC-4337), account abstraction, and social recovery methods.