Traditional companies in any industry have not been able to solve the problem of users; innovation and upgradation of technologies are required as the needs of users are changing. The same is happening with traditional trading and investing platforms. They are not able to solve the problem of traders like new age companies like DTX Exchange are doing.
Exchanges like Robinhood and Binance (BNB) are facing huge competition from DTX Exchange, which has become the leader in the cryptocurrency market getting ahead of biggie Chainlink (LINK).
Binance (BNB) Back In India After Fined Last Month
Binance (BNB) has successfully registered with India’s Financial Intelligence Unit (FIU-IND) just months after facing a $2.2 million fine for operating without authorization in the country. Also, the website URL of Binance (BNB) has been unblocked, allowing Indian users to access the platform easily.
In February, the Indian Financial Intelligence Unit (FIU-IND) issued a compliance show cause notice to Binance (BNB) under Section 13 of the Prevention of Money Laundering Act, 2002 (PMLA). This led to the removal of several foreign cryptocurrency platforms, including OKX, KuCoin, and Binance (BNB), from Apple’s App Store and Google Play.
Binance (BNB) celebrated its India registration as its “19th global regulatory milestone,” noting that India ranks among the top five countries in terms of estimated transaction volume across all crypto ecosystems.
New Integration in Chainlink (LINK)
Chainlink (LINK) has introduced its Data Streams and Verifiable Random Function (VRF) on Base, a layer 2 blockchain developed by Coinbase. These new tools aim in Chainlink (LINK) to help Base developers create high-performance and secure decentralized applications (dApps).
Thodoris Karakostas said Chainlink (LINK) Labs highlighted that the low-latency data provided by Chainlink (LINK) Data Streams will enable developers to build the next generation of DeFi solutions on the Ethereum-based network.
Chainlink (LINK) Whale Heavily Bullish On DTX Exchange (DTX)
According to recent reports, one of the prominent Chainlink (LINK) whale has invested 6% of its portfolio into DTX Exchange. This is the third report of whales entering the DTX Exchange in the last two months. Crypto analysts said this is the perfect time to enter the coins as they are highly undervalued at the current price.
DTX Exchange takes security seriously, offering top-notch measures that are among the best in the industry. They use encrypted protocols, non-custodial storage, and on-chain verifications to ensure that users’ assets stay safe and under their control at all times.
As an ERC-20 token on the Ethereum blockchain, DTX Tokens give holders voting power for decentralized governance, allowing them to participate in decisions like platform upgrades and protocol changes. DTX Tokens also provide access to premium features, lower trading fees, and loyalty rewards, making the user experience even better.
The platform has received strong financial backing, raising over $2 million in a private seed. So far, DTX Exchange has raised over $1.3 million in its presale, selling more than 10 million tokens. The current token price is $0.04, with plans to increase to $0.12 at the September launch.
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