Perfection of Injective Protocol as the Latest Crypto Exchange Facility

Blockchain technology is one of the most advanced technologies known since 2009 and is currently widely favored by economic actors because of its universal functionality. Since its inception in 2009, Blockchain technology continues to be developed until finally in 2017 the derivatives market is formed. Even in the following years the volume of cryptocurrency trading experienced a significant development. Although it had experienced disruption due to the corona virus pandemic since the end of 20019 to the present which has caused Bitcoin and other cryptocurrency to decline in value, now cryptocurrency is slowly beginning to develop. Not only that, the cryptocompare data analytics company, the trading volume of the cryptocurrency derivatives market jumped to a record high of $ 607 billion in May 2020, this shows that the cryptocurrency derivatives market is one of the most favored markets by crypto activists who want to trade or exchange crypto.

Did you know that DEX or cryptocurrency exchange is one of the most popular crypto exchange services at this time, this is because DEX provides exchange services with a high level of transparency. So that users can monitor various financial activities carried out and can guard against any fraudulent actions committed by irresponsible persons such as the theft of assets that often occur on the parties of centralized exchange service providers. Even thanks to the quality that DEX has, many Blockchain technology platforms currently work with DEX, one of which is the Injective Protocol. Where the Injective Protocol will cooperate with DEX in order to deliver the latest breakthroughs in the scope of DEX by growing user acquisition. This of course will present a new color in the world of cryptocurrency exchanges.

Not only providing cryptocurrency exchange services, Injective Protocol is an end-to-end decentralized platform that provides decentralized swap, futures, margin and spot trading services. Not only providing services that are different from other cryptocurrency exchange platforms, Injective Protocol also deliberately designs its platform with components that are completely untrustworthy, so it does not require a third party to manage the company. In addition, the expert team also designed the platform so that it has resistance to sensors, and can be verified publicly.

Previously in May 2020, the Injective Protocol was the host for the first AMA event to be held in Korea at Kakaotalk. Where the founders Eric Chen and Albert Chen were present to meet the community directly to introduce Injective Protocol as a financial service provider platform that is fully decentralized and as a platform that provides financial services according to user needs, including being able to provide alternatives or solutions to overcome service limitations provided by other financial services such as CeFi and DeFi. Did you know thanks to the presentation delivered by the founder, the Injective Protocol platform has now succeeded in attracting the interest of many large companies that have provided the best exchange services before. This is certainly a great opportunity for the Injective Protocol to spread its wings to the international scene.

Currently, Injective Protocol does not only collaborate with DEX, but also collaborates with other world leading companies such as Binance Futures, FTX and Bitmex. Where all three are the world's leading cryptocurrency exchange companies and this collaboration is deliberately carried out so that the Injective Protocol can give birth to the latest innovations and provide the best cryptocurrency exchange experience for its users.

As we know that Binance Futures is the fastest growing cryptocurrency derivative exchange platform based on trading volume. Even today the matching machine owned by Binance Futures has proven to be unmatched by anyone, this is because the matching machine from Binance Futures is the most stable and fastest matching machine in the world. So it is only natural that the machine is not properly marked by any exchange platform, this is also one of the reasons for the Injective protocol to collaborate with the ceiling. So the Injective Protocol can also provide quality cryptocurrency exchange services.

Did you know that Binance Futures is a cryptocurrency exchange platform that offers the highest leverage, reaching 125 X margin. In major cryptocurrency exchanges, this service is even one of the most competitive products on the market. Not only that, every service provided through Binance Futures will be based on sophisticated risk machines, insurance funds to protect traders' assets, and smart liquidity models. Where these facilities will be provided so that they can provide the best for its users. By looking at the various advantages offered by Binance Futures, it is a natural thing for this Injective Protocol to collaborate with Binance Futures. Where this collaboration will create mutual relations, namely mutual benefit between the two parties.

Not only cooperating with Binance Futures, the protocol also cooperates with fintrux or FTX. Where FTX is the most active cryptocurrency exchange market today, even in the last 24-hour transaction volume has increased to reach 11.1%. Did you know that the price of one FTX unit is $ 0.00736367 with a transaction volume of $ 245.64, not only that, currently the circulation of the coin supply reaches 83 million coins and the maximum supply reaches 100 million coins. The high activity of exchanging information through FTX certainly attracts the attention of the injective Protocol to cooperate, which cooperation is certainly done so that the injective Protocol is able to provide trade services like FTX. Not only that, by doing the collaboration Injective Protocol wants to deliver the latest service based on the innovative owned by the founders and the expert team, so that they can provide different services and are liked by its users. This is of course based on the initial purpose of the birth of the Injective Protocol to solve various kinds of problems that occur in the world of cryptocurrency exchanges. Therefore, the collaboration carried out by the Injective Protocol is not only for personal interests, but also done in order to cover up the weaknesses of the platform of the exchange service provider and cryptocurrency trading before.

The presence of the Injective Protocol not only provides an alternative for users who are dissatisfied with the previous exchange service, but the presence of this platform is also to offer the latest products or services that are uniquely designed and different in order to bring the best cryptocurrency exchange services today. The plan is for this platform to launch toys in the upcoming Q3 or Q4 2020, it will release several products such as futures products and ask users to check the products to be released and the team of experts hopes that users can provide their best advice so that experts can correct imperfections contained in the service. Therefore the more criticism and advice given by the users, the better the services provided by the Injective Protocol. Therefore for users who want to use or utilize the best cryptocurrency trading services, they can use the Injective Protocol as the best alternative.

Information about Injective Protocol

Website: https://injectiveprotocol.com/
Whitepaper: https://docsend.com/view/zdj4n2d
Telegram: https://t.me/joininjective
Twitter: https://twitter.com/InjectiveLabs

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