Binance Learn & Earn Recap and Quiz: $20,000 IDEX Giveaway
We hope you enjoyed learning about IDEX this week. In case you missed it, here is a recap of what we covered. Also be sure to complete the quiz below and win up to $20 in IDEX. Follow IDEX on Twitter.
What is IDEX?
IDEX is the world’s most advanced cryptocurrency exchange. Combining the speed and features of a centralized exchange with the safety of a DEX, IDEX is the only cryptocurrency exchange that does not compromise performance or security.
Learn more: https://youtu.be/mMKwFFq9WoQ
How does IDEX provide the same transaction throughput as centralized exchanges?
IDEX uses a novel layer-2 system that settles trades in batches, eliminating gas costs and removing the bottleneck of the Ethereum network. Every few minutes, all of the most recent trades are combined into one transaction and submitted to the network and stored for public validation. The architecture is unbounded, meaning there is no limit to the number of trades committed per block.
Learn more: https://youtu.be/LG3g4e9etoY
How does IDEX provide the same user experience as centralized exchanges?
IDEX features a high-performance trading engine that can process hundreds of thousands of orders per second with low-millisecond latency. IDEX supports all advanced order types, making it easy for traders to implement any trading strategy. Traders can access the exchange via a familiar web client, on both desktop and mobile, or via an industry standard API.
Learn more: https://idex.io/
What is the IDEX Token used for?
IDEX token stakers run software that validates settlement transactions, verifying all recent trades and securing the funds on the platform. In return, stakers are compensated 50 percent of trade fees (in ETH) for their contribution.
Learn more: https://staking.idex.io/
Complete the Quiz for a chance to claim up to $20 in IDEX!
