Making its market debut in January 2022, NilDEX has stayed consistent with its vision of enabling secure and decentralized crypto trading over the past years. The exchange currently spans across the globe providing trading services for 150+ assets, and 200+ trading pairs and not to overlook its unique feature – its accommodation of 3+ national fiat currencies withdrawals. The exchange is host to a daily trading volume worth $10 million.
NilDEX’s Mission – User Funds Security
The cryptocurrency exchange prioritizes fund security above all else. It has inculcated several protection and cautionary measures, the chief of which is – Cold Wallets. NilDEX stores 96% of its funds in cold wallets.
Moreover, it also uses WAF to counteract hacker attacks and utilizes AML systems to verify assets. NilDEX also boasts Financial Action Task Force (FATF) compliance.
NilDEX: Institutional and User Services
Over the past years, NilDEX, once a startup, has risen as one of the top contenders within the crypto space.
- The exchange provides trading services for – Swap, Spot, Margin, and Futures trading. Additionally, NilDEX also includes a ‘Trading Tournament’ incentivizing users’ trading and enhancing community building through the simple act of crypto trading.
- NilDEX hosts its own payment gateway – NilDEX Pay through which it integrates blockchain-powered payment solutions employing cryptocurrency.
- Institutional services cater to the needs of a wide range of corporate clients –
- Market makers – additional liquidity pool
- Asset management – reception of 270+ digital assets
- Crypto Wallets – Unlimited wallet addresses
- Exchanges – API & liquidity to increase trading pairs
- Funds or Private Investors – Hedge risks through high-return investments
Key Milestones in Revolutionizing Crypto Trading
The decentralized exchange has evolved through numerous steps to enhance user interface and products along the way. Some of its key milestones include:
- January 2022 – NilDEX debuts in the market
- February 2022 – NilDEX Earn launch
- March 2023 – Margin trading made available
- April 2023 – First cryptocurrency show, “Gagarin Show”
- May 2024 – NilDEX Swap operations & NilDEX Pay is launched
- June 2024 – Futures trading released
- September 2024 –Top-ups through bank transfers initiated
- October 2024 – Withdrawal of USD & EUR through Visa/Mastercard made available
- November 2024 – Rebranding of NilDEX
What Does the Future Hold For NilDEX?
The top contender is currently developing its very own payment card – the NilDEX card. It is set to enhance the user interface further by allowing international payments and surpassing cross-border restrictions in payment gateways.
With such unique solution-focused products under development, the future of NilDEX looks positive. The exchange after recent rebranding is equipped to boost its prominence and expand to new markets with its unique services and toolkit set to revolutionize crypto trading in 2025.
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