Thread by @h_bitcoiner, 𝗧𝗵𝗶𝘀 𝗣𝗿𝗼𝗷𝗲𝗰𝘁 𝗪𝗶𝗹𝗹 𝗧𝗿𝗮𝗻𝘀𝗳𝗼𝗿𝗺 𝗧𝗿𝗶𝗹𝗹𝗶𝗼𝗻-𝗗𝗼𝗹𝗹𝗮𝗿 𝗖𝗿𝘆𝗽𝘁𝗼 𝗘𝘅𝗰𝗵𝗮𝗻𝗴𝗲 𝗜𝗻𝗱𝘂𝘀𝘁 [...]

𝗧𝗵𝗶𝘀 𝗣𝗿𝗼𝗷𝗲𝗰𝘁 𝗪𝗶𝗹𝗹 𝗧𝗿𝗮𝗻𝘀𝗳𝗼𝗿𝗺 𝗧𝗿𝗶𝗹𝗹𝗶𝗼𝗻-𝗗𝗼𝗹𝗹𝗮𝗿 𝗖𝗿𝘆𝗽𝘁𝗼 𝗘𝘅𝗰𝗵𝗮𝗻𝗴𝗲 𝗜𝗻𝗱𝘂𝘀𝘁𝗿𝘆

This project that I am going to review is new to space but I believe potential to become one of the top exchanges in the industry.

𝙏𝙝𝙧𝙚𝙖𝙙

$ZCX

𝗧𝗵𝗶𝘀 𝗣𝗿𝗼𝗷𝗲𝗰𝘁 𝗪𝗶𝗹𝗹 𝗧𝗿𝗮𝗻𝘀𝗳𝗼𝗿𝗺 𝗧𝗿𝗶𝗹𝗹𝗶𝗼𝗻-𝗗𝗼𝗹𝗹𝗮𝗿 𝗖𝗿𝘆𝗽𝘁𝗼 𝗘𝘅𝗰𝗵𝗮𝗻𝗴𝗲 𝗜𝗻𝗱𝘂𝘀𝘁𝗿𝘆This project that I am going to review is new to space but I believe potential to become one of the top exchanges in the industry.𝙏𝙝𝙧𝙚𝙖𝙙$ZCX

As the blockchain space evolves and enters our daily life, market capitalization and trading volumes of blockchain projects will grow, respectively. Cryptocurrency exchanges will likely be one of the biggest beneficiaries of the growing crypto economy.

The industry's largest players are already generating hundreds of billions in yearly revenues and are considered to be the most instrumental players in the industry.

Faster, safer, easier, and cheaper are traits of disruptive technology companies that can command much higher valuations than traditional counterparts because disruptive technology companies can do more with fewer resources.

This project that I am going to review is new to space but I believe potential to become one of the top exchanges in the industry leveraging the Binance security and liquidity with a better feature that I am going to explain later in the review. $ZCX

𝗜𝗻𝘁𝗿𝗼𝗱𝘂𝗰𝗶𝗻𝗴 𝗭𝗘𝗡: 𝗡𝗲𝘅𝘁-𝗚𝗲𝗻 𝗦𝗺𝗮𝗿𝘁 𝗘𝘅𝗰𝗵𝗮𝗻𝗴𝗲 𝗘𝗰𝗼𝘀𝘆𝘀𝘁𝗲𝗺

Zen exchange could become one of the big cryptocurrency exchange. The exchange harnessing the power of Binance Cloud which is among the highest-ranked company in the industry.

Its native token, $ZCX. The project has developed a strong ecosystem for global traders and retail investors combining the functionality of a secure CEX, DEX, AI-driven social indicator, and binance liquidity.

𝗠𝗮𝗿𝗸𝗲𝘁 𝗢𝗽𝗽𝗼𝗿𝘁𝘂𝗻𝗶𝘁𝘆

Although the market for cryptocurrency trading is highly volatile and difficult to forecast, It may revolutionize the global financial system and, according to some reports, reach a value of $5 trillion to $40 trillion in the next 10 years.

However, while there are a lot of opportunities, the competition in the market is also high. In fact, since 2017, the market has seen tremendous growth in number of centralized and decentralized exchanges.

Currently, CoinMarketCap is registering around 300 exchanges, and it is likely that this number will only continue to increase.

https://coinmarketcap.com/rankings/exchanges/

Talking about Coinbase it is the oldest crypto exchange in America. Coinbase has operated a near-monopoly in the United States for years. But even with a 10-year head start, it’s still burning through vast quantities of cash to function.

Plus, because Coinbase is centralized, it’s plagued with many of the same problems blockchain itself seeks to eradicate (e.g., middlemen, potential hacks, centralized databases, etc.).

Like other disruptive tech companies, Zen Exchange aims to topple its traditional competition — like Coinbase — through innovation.

𝗦𝗼 𝘄𝗵𝗮𝘁 𝗶𝘀 𝗶𝘁 𝘁𝗵𝗮𝘁 𝗺𝗮𝗸𝗲𝘀 @ZencexOfficial 𝘀𝗼 𝗺𝘂𝗰𝗵 𝗳𝗮𝘀𝘁𝗲𝗿 𝗮𝗻𝗱 𝗰𝗵𝗲𝗮𝗽𝗲𝗿 𝘁𝗵𝗮𝗻 𝗼𝘁𝗵𝗲𝗿 𝗰𝗿𝘆𝗽𝘁𝗼 𝗲𝘅𝗰𝗵𝗮𝗻𝗴𝗲𝘀?

Although the competition is really tough, Zen Exchange could be considered one of the actively developing projects.

It is keeping up with trends in the industry and going to offers a wide range of products for its users with ZEN’s Solution like All the hottest listings so users no need send fund on multiple exchanges to buy into a hot new project.

Another feature I personally like is Social Sentiment Indicators will keep you up to date with the latest market sentiment.

It’s created an innovative way to increase liquidity on the exchange by developing its ecosystem in several different directions that help attract liquidity and remain competitive in the market.

𝗧𝗵𝗲 𝗖𝘂𝗿𝗿𝗲𝗻𝘁 𝗦𝘁𝗮𝘁𝗲 𝗢𝗳 𝗖𝗿𝘆𝗽𝘁𝗼𝗰𝘂𝗿𝗿𝗲𝗻𝗰𝘆 𝗘𝘅𝗰𝗵𝗮𝗻𝗴𝗲𝘀
Centralized exchanges are still the number one spot trading volume producers by far. They are also the most trusted means of exchanging cryptocurrencies.

But more and more trading volume is venturing into decentralized exchanges. Centralized alternatives are losing market share and revenue projections are proving that this is a growing trend.

The shifting tide in volume can also be accounted to new Defi initiatives like Uniswap and the ease-of-use it presents which has attracted a lot of new investors and risk-takers.

This is where Zen Exchange comes fueled by products and applications enabled by a mix of decentralized and centralized liquidity connecting trading applications, products, and services that are deeply interrelated ZEN Ecosystem.

ZEN equipped to tap into a large portion of centralized trading volume, as well as to take on the shifting tide towards decentralized liquidity, providing high regulatory compliance, fast listing times, low listing fees, low trading fees, and deep liquidity.

Having an ecosystem with trading products from various liquidity providers reduces the necessity of our users to move funds between exchanges and thus reducing risks of lost funds.

ZEN also hosts an innovation incubator, managed by JUN Capital, for supporting breakthrough projects in the early phases of their technical development.

As per my conversation with the team they already have 10+ projects that will be supported by the Zen Incubator program projects are included from Polkadot, Cosmos, and other ecosystems at starting.

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