NASDEX is a top-tier decentralized cryptocurrency exchange that enables tokenized Asian stocks to be traded on the blockchain.
It announced the listing of its native NSDX token on Binance Smart Chain (BSC) -based decentralized exchange (DEX) PancakeSwap on November 4, 2021.
NASDEX hopes to bring additional liquidity and eyes to your project by listing on Binance Smart Chain and some of its most widely used decentralized exchanges. token will launch on PancakeSwap at 14:00 UTC on the launch date.
Binance Smart Chain is the blockchain-based initiative of Binance, the world’s largest blockchain and exchange ecosystem. PancakeSwap is the leading DEX on Binance Smart Chain, offering yield generation capabilities for various decentralized projects, as well as its own CAKE governance token.
By including it in PancakeSwap, NSDX will support all tokens listed in DEX. Furthermore, as the Binance Smart Chain network supports its own standard token, BEP-20, this listing also means that NSDX will be available and supported on another blockchain network.
This list of tokens is one of many future developments in the burgeoning NASDEX ecosystem. project plans to list multiple decentralized protocols for publicizing the NSDX token, such as Uniswap.
NASDEX MVP decentralized application (dApp) will be officially launched in Q4 2021 and will begin offering users the ability to trade the top 20 tokenized Asian stocks.
NASDEX is the first decentralized exchange that allows tokenized Asian stocks to be traded on-chain. It is designed to act as a bridge between the world of cryptocurrencies and that of stocks.
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Its key benefits include the ability to invest in borderless and unlicensed stocks, along with ranching and participation capabilities to generate substantial returns in addition to non-performing stocks.
Its product offering is initially primarily focused on never-before-seen tokenized Asian stocks, but will also expand to ETFs, indices, additional asset classes, and derivatives.
NASDEX has created an easy-to-use platform where investors can buy and sell tokenized stocks as easily as a cryptocurrency with decentralized, permissionless trading, farming and participation, 24 hours a day, 7 days a week. website.
PancakeSwap is a decentralized exchange on the Binance Smart Chain network and is one of the largest dApps within the ecosystem. PancakeSwap facilitates BSC-based cryptocurrency peer-to-peer trading for its users, as well as enabling performance improvement opportunities for users to generate additional returns on their cryptocurrency holdings.
Information about Binance Smart Chain
Binance Smart Chain (BSC) is a sovereign smart contract blockchain that offers Ethereum Virtual Machine (EVM) compliant programmability.
Designed for ultra-fast transaction speeds and low transaction fees, adding the functionality of Smart Contracts for dApps: BSC is at the top of infrastructure performance as the largest DeFi blockchain with more than 100 million users. For more information on Binance Smart Chain, visit the website.
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