In a recent interview, the founder of Ankaa, a pioneering company in decentralized financial solutions, shared their vision for the recently launched Ankaa Exchange. a decentralized trading platform is set to revolutionize the industry with its innovative multi-asset pool, perpetual trading options, low swap fees, and zero price impact trades. By operating on the Arbitrum One network, Ankaa Exchange aims to provide a fast, secure, and cost-effective trading experience for users.
During the interview, the founder highlighted several key features and benefits of Ankaa Exchange, which include:
Low Swap Fees and Zero Price Impact Trades: The platform has been designed to minimize trading costs while ensuring zero price impact trades for all users.
Dynamic Pricing: Ankaa Exchange leverages an aggregate of prices from leading exchanges to provide accurate and fair pricing for all trades.
Multi-Asset Pool: The unique multi-asset pool enables liquidity providers to earn fees from market making, swap fees, and leverage trading.
Governance and Utility Token: The platform’s utility and governance token, Ankaa Token (ANK), allows token holders to unlock various benefits and participate in platform governance.
Cross-Chain Compatibility: The exchange supports multiple networks, making it easier for users to trade and manage their assets across different blockchain ecosystems.
Decentralized and Secure: Built on top of decentralized networks, the platform ensures high levels of security and transparency for all users.
User-Friendly Interface: Ankaa Exchange offers a clean and intuitive interface, suitable for both beginners and experienced traders.
Community-Driven Development: The platform prioritizes community input and active participation in its development, enabling users to contribute to its growth and success.
The founder also discussed the staking opportunities available on Ankaa Exchange. Users can stake ANKAA and xAnkaa to receive a portion of the platform’s fees as rewards. Additionally, the platform offers ALP as its liquidity provider token, backed by staking USDC, allowing users to generate profits based on the trading volume.
Ankaa Exchange provides a diverse range of assets, including Crypto, Forex, NFT floors, Commodities, and Stocks, with unique Funding Rates and Open Interest Limits for each asset type. Users can enjoy up to 100x leverage for crypto, 1000x for forex and commodities, 100x for stocks, and 10x for NFT floor prices.
The founder also shared insights into the platform’s proprietary price feed service, which sources data directly from leading centralized exchanges (CEXs) and on-chain resources for optimal performance, security, and adaptability. The platform offers transparent, on-chain aggregated prices derived from top CEXs within the ecosystem.
Ankaa Exchange features an attractive referral program, allowing users to earn up to 15% of the fees generated by users who sign up through their unique referral ID. Referral earnings are automatically paid out in USD, which can be withdrawn as USDC.
Lastly, the founder announced the upcoming IDO on ArbitrumPad scheduled for May 5th, with both private and public participation. The testnet is already live on Arbitrum Goerli, and the mainnet is expected to launch within 2-3 weeks after the IDO.
For more information about Ankaa Exchange, visit https://www.ankaa.io/.
About Ankaa:
Ankaa Exchange operates as a decentralized exchange, offering perpetual trading options with incredibly low swap fees and zero price impact trades. Its innovative multi-asset pool enables liquidity providers to earn fees from market making, swap fees, and leverage trading, making it a uniquely attractive option in the world of cryptocurrency trading.
Source: https://www.cryptopolitan.com/ankaa-exchange-unveils-game-changing-decentralized-trading-platform-low-fees-zero-price-impact-and-high-leverage-across-multiple-assets/