Users

Users benefit from trading in one of the most transparent environments ever created.

Self Custody

Users who entrust exchanges with their funds expose themselves to significant risks as they rely on the security and stability of a third-party entity. Recent examples like the downfall of FTX and Celsius highlight these risks. To address these concerns, our solution is based on maintaining users' full custody of their funds using blockchain wallets. This approach ensures users have complete control over their assets through private key storage and smart contracts.

Increased transparency

Certain traditional finance exchanges suffer from transparency issues, compromising trade execution, order books, and pricing mechanisms, leading to concerns about fair market practices. Fraudulent accounting practices have been observed in some exchanges, resulting in significant financial losses. $0X addresses this problem by leveraging blockchain technology, allowing users to verify exchange holdings, income statements, trading activity, audits, token holdings, and regulatory compliance transparently. This transparency builds trust among users, financial institutions, and other participants, setting $0X apart as a unique and accountable trading solution.

No pooling of user funds

$0X recognizes the importance of liquidity in the market and the challenges faced by decentralized exchanges (DEXs) and crypto tokens in achieving it. Currently, most DEXs use the Constant Product Market Maker (CPMM) model, which has limitations like price slippage and vulnerability to hacks due to pooled funds. To address these issues, $0X introduces an on-chain order book system that provides a decentralized and transparent mechanism for placing and executing orders. This approach enhances transparency, security, and trustworthiness. Additionally, $0X's methodology, places complete trading strategies on-chain and automates their execution, reducing costs and ensuring market integrity. These innovations aim to improve overall performance and user confidence in $0X markets

Counterparty trade failure

Unlike traditional exchanges, $0X ensures fair and transparent trade execution based on the timestamp or blockstamp associated with each order. There is no influence or control from $0X, creating a level playing field for all participants and preventing manipulation or favoritism. This approach fosters a trustworthy and reliable trading environment.

Removes market manipulation

$0X's order book methodology eliminates malicious trading, including front-running and stop-loss hunting. Unlike AMMs and off-chain systems used by other exchanges, $0X's on-chain approach prevents sandwich attacks and front-running by submitting trades with specific prices. The increased transparency allows users and the platform to identify and blacklist malicious accounts, reducing market manipulation significantly.

Creating Strategies within the exchange

$0X allows users to write and execute their trading strategies directly within the exchange, avoiding the need for third-party platforms like TradingView. Using the RAIN coding language, traders can easily create and execute their strategies on-chain within a single platform. This integration streamlines the trading process, eliminating manual intervention and providing increased efficiency and automation while maintaining user control over their trading decisions.

Less friction across markets

In 2021, the cryptocurrency market experienced substantial trading volumes, with centralized exchanges handling over $14 trillion and decentralized exchanges reaching $1.2 trillion (The Block, 2023). However, onboarding and offboarding funds from the blockchain presented frictions and complexities. $0X addresses this issue by enabling users to trade both stocks and cryptocurrencies using the same funds.

This integration eliminates separate onboarding and offboarding processes, reducing fees and complexities. By bringing stocks on-chain, $0X removes barriers associated with trading on-chain assets in traditional systems. The platform aims to revolutionize the trading landscape, providing a seamless and cost-effective solution for accessing diverse financial markets.

24/7 Trading

Crypto markets offer a unique advantage with their 24/7 availability, thanks to blockchain technology's automatic and independent nature. Unlike traditional financial markets with downtime, continuous crypto trading ensures real-time capturing of price movements and levels the playing field for all participants. This accessibility and flexibility create a more inclusive and dynamic trading environment, empowering users with enhanced opportunities and making crypto markets a compelling alternative to traditional markets.