In this article, we will discuss the newly introduced MEXC DEX+ feature on the MEXC cryptocurrency exchange.
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Introduction
DEX Exchanges (Decentralized Exchange) are platforms where decentralized buying and selling transactions are made. With a new innovation announced by the MEXC cryptocurrency exchange, it is gathering decentralized finance platforms and shaping the MEXC DEX+ formation. In this way, many decentralized Blockchain formations are coming together under one roof.
What is MEXC DEX+?
MEXC DEX+ is a hybrid formation that connects multiple DEXs. CEX is a starting project of a milestone in the evolution of exchanges, and with MEXC DEX+, it is a robust platform that offers users access to a wide range of on-chain assets, the latest decentralized trading solution. It provides users with a seamless and advanced trading experience, while providing the most efficient trading methods, minimizing the transaction difference and optimizing transaction costs.
Not limited to this, MEXC DEX+ allows you to switch to DEX+ mode with a single click with the MEXC application. With DEX+, you do not need to deal with Web3 wallets, private keys or recovery phrases. You can easily transfer your assets to your DEX+ account and unlock a smooth and easy trading process similar to MEXC Spot and Futures.
Register now to benefit from MEXC DEX+ 50% commission discount.
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To better understand MEXC DEX+, you can review the comparison table we created below.
Comparison of MEXC DEX+ and Standard DEX
| Feature | MEXC DEX+ | Standard DEXs |
|---|---|---|
|
Activation |
User can activate DEX+ feature directly from MEXC account. |
User creates an additional account and password. |
|
Access |
Easy access via MEXC mobile app or website. |
Additional apps (wallets) etc.) or visit external websites. It is more risky. |
|
Asset Deposit |
Easy and accurate transaction with direct asset transfer from spot wallet. |
Manual asset transfer and possible risk factors in this process. |
|
Interface |
User friendly and easy interface. Included and compatible with existing MEXC application. |
Usually complex and difficult interfaces. |
|
Transaction Record |
User can easily track each transaction. |
Recording only Swap transactions. |
How to Use MEXC DEX+? Step by Step Explanation
Step 1: Open the MEXC application on your phone and log in to your account. If you do not have an account, register to the MEXC exchange from the registration links above. First, click on the "Wallet" and then "DEX+" on the application.
Step 2: The MEXC DEX+ splash screen will appear. Accept the user agreement and click on "Register for DEX+". Thus, you will activate the DEX+ feature with a single click.
Step 3: In the last step, you will see the decentralized networks included in DEX+ on the DEX+ platform. You will see the SOL parities of many cryptocurrencies on MEXC DEX+, which currently supports the Solana (Raydium) network. Many networks will be integrated into the DEX+ platform over time. As can be seen from the image below, you can switch between networks as more Blockchain networks are added to MEXC DEX+.
This is the end of our article. You have learned what the MEXC DEX+ feature is and how to use it. Thank you for reading this blog post.
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