What is DefiPe?
DefiPe is the next-generation perpetual trading decentralized exchange for opening synthetic assets to the upcoming generation of traders. DefiPe front-end had a very intuitive interface and sharp intuitiveness highly support both new and professional traders to empower trading balls on fire. Zero gas fees are one of the benefits that come with the option to self-custody on an account of gasless activities in trading at the speed of light, with a gigantic menu of assets up for grabs at DefiPe: right from cryptocurrencies down to NFT floor prices and synthetic stocks.
Security and reliability are built into the very decentralization of the platform itself, at the same time that traders will always be in full control of their funds. DefiPe is completely open-sourced, with the best security practices, and implemented using top technologies, such as Zero Knowledge Proofs and Validium, for extra security in trading.
Key Features & Benefits of DefiPe
User-Friendly: Fast and lean trading on an intuitive platform.
Zero-Gas Self-Custody: Full control of your funds with you paying zero in gas fees.
Low Trading Fees: Be competitive with maker fees of 0.02% and taker fees of 0.04%.
Decentralized and Open Source: Trade on a fully decentralized, secure, transparent platform.
Deep Liquidity: Multiple trading pairs with deep liquidity.
AI-Guided: Change the way you trade with AI-driven market insights and custom recommendations.
Multi-Chain Liquidity: Trade on multitudes of DEXs including Ethereum, Polygon, and Binance. Optimism is coming soon.
DefiPe Use Cases and Applications
There is a suite of applications for each of the use cases pertaining to trading within DefiPe, as follows:
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Automated Trading Strategies:
Users will automate the trading strategies and tactics with AI assistance and real-time market insights and personal recommendations for better trade decisions. -
Advanced Market Opportunity:
The AI guide will lead you on a path through the twisted and tangled cryptocurrency market and offer advanced trading advice so that the user always stays ahead of the time. -
Better Trading Experience:
Use the AI guide to turn on personalized notifications about possible trading opportunities, and you will feel one step ahead of the competition while trading in the world of cryptocurrencies.
It will be a boon especially for cryptocurrency traders, investors in crypto markets, multi-chain liquidity users, 0% gas fees aspirants, and AI-guided trading aspirants.
How to Use DefiPe
Use DefiPe with the following simple steps:
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Sign Up:
Sign up and make an account on DefiPe. -
Setting up Wallet:
Now that the wallet is created, you would have to first set up the wallet for self-custody and then, indeed, link it with the previously mentioned platform to start. -
Explore Markets:
Browse through the various markets open to you and select which assets you would like to trade in. -
Trade:
Enjoy gasless transactions for fast, seamless trading. -
AI Guidance:
Interact with the AI Guide for market insights and personalized trading advice.
For a seamless trading experience, stay updated about market trends, keeping up with the AI Guide and maintaining funds through self-custody practices.
How DefiPe Works
Its decentralized structure operates on the architecture of DefiPe, enabling it to control users’ funds. Now fully technologically endowed with features such as Zero Knowledge Proofs and Validium, it ensures that the transactions carried on are safe and the identity kept state-of-the-art. In this course, trading workflows still remain smooth, efficiently backed with deep liquidity for many trading pairs.
Some of the intrinsic abilities of DefiPe are an AI guide to give users real-time insights regarding the market, such as recommendations for adding enhancements to the trading strategy. Multi-chain liquidity embedded into DefiPe allows trading out of this one platform into multiple DEXes. In other words, many assets will be at one’s disposal with more competitive trading opportunities.
Pros and Cons of DefiPe
Pros:
- An extremely user-friendly interface that any layman or professional trader can use.
- Gasless transactions and self-custody make it easier to execute transactions at the owner’s free will.
- Low trading fees of 0.02% for makers and 0.04% for takers.
- Decentralized, open source—hence transparent and secure.
- Deep liquidity across various trading pairs.
- AI-driven market insights and customized trading recommendations.
Contrasting Arguments:
- The total number of trading pairs available should not be very high, given that it’s a relatively new platform.
- Wallet management is up to the user.
- It might become tough for first-time users.
DefiPe FAQs
What is DefiPe?
DefiPe is a perpetual trading DEX allowing traders to operate decentralized trading of synthetic assets without any gas fees.
When does DefiPe launch its perpetual trading platform?
It does not mention the particular date for the launching of DefiPe’s perpetual trading platform.
What is DefiPe’s trading fee?
0.02% for market makers and 0.04% for takers.
How many trading pairs is DefiPe going to support in the future?
It, however, does not mention how many trading pairs it is going to support.
How can I contact the DefiPe Team?
It doesn’t mention it exactly, but there are contact options on the website.