Poloniex celebrates its 9th anniversary

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Panama City, Panama, 18th January, 2023, Chainwire

Poloniex is celebrating its 9th anniversary this year as one of the most well-established global crypto exchanges with more products and services to be launched in the coming months.

Entering into a decade on January 18, 2023, Poloniex kicked off with a fresh start by revamping its website and app with a new user interface along with a new slogan – “Connecting you to the power of crypto”, which reflects Poloniex’s determination to empower more people to achieve financial success and experience revolutionary changes that cryptocurrency presents. 

Moreover, Poloniex starts off the new year with the launch of its futures grid trading bot with more products and services, such as staking, a lite version of the app and website, fiat on-ramp, and beyond in the pipeline. With the new features and services, Poloniex aims to provide customers with a secure and stable way to enhance their financial flexibility, diversify their investment portfolios, and optimize their overall trading experiences. 

As a proponent of emerging technologies, Poloniex is committed to focusing more on emerging markets and the development of the Web3 ecosystem. By doing so, the exchange will take part in hackathons, further optimize the knowledge-based platform, Polopedia, and organize in-person events to meet crypto enthusiasts around the world. 

“The past nine years have been a huge success for Poloniex since it has expanded to regions like CIS, LATAM, MENA, and APAC thanks to the team’s dedication and determination,” Eddie Jiang, Head of Marketing of Poloniex, remarked. “Our achievements wouldn’t be possible without the support of our users, and we will continue to provide them with better products and services in the future.”

Founded in 2014, Poloniex has achieved a lot of milestones. In 2022, the exchange launched a new trading system and trading API. In addition, Poloniex also added cross-margin modes to the spot and futures trading products last year to further elevate customers’ trading experiences. 

To celebrate its 9th anniversary, Poloniex has launched a series of campaigns to give away prizes worth over $1,300,000 to express gratitude for its customers’ long-term loyalty. 

For more information, please click here.

About Poloniex

Founded in January 2014, Poloniex is a global cryptocurrency exchange that supports spot and futures trading. With a world-class trading platform, Poloniex received funding from H.E. Justin Sun, Founder of TRON, in 2019 to widen its international customer base. Poloniex now provides services in over 100 countries and regions, in various languages. In 2022, Poloniex launched its new trading system with higher speed, stability, and usability. Joining hands with TRON, which is the national blockchain for the Commonwealth of Dominica with TRX granted statutory status as legal tender in the country, Poloniex will continue on its mission to connect users to the power of cryptocurrency.

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Contact

Sana Fong
sana.fong@poloniex.com




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Primex Finance Introduces Beta 0.3.0 App With Deployments to Polygon Mumbai and zkEVM Testnets

Kyiv, Ukraine, 18th January, 2023, Chainwire

Cross-chain prime brokerage protocol Primex Finance rolls out a major update to its application. Launching in two stages, Beta 0.3.0 introduces a variety of new features, as well as improvements and fixes of existing functionalities.

Starting on January 12th, 2023, Phase 1 was exclusively available for Primex Early Users, who could be the first to have a hands-on experience with Beta 0.3.0. From now on, Early Users will get privileged access to all major protocol updates in the future (beginning from Beta 0.3.0). In addition to the chance to test new releases before other community members, participants of the program also enjoy further benefits, such as direct communication with the Primex team and fellow Early Users via Discord, as well as the ability to participate in private challenges and earn exclusive prizes.

On January 18th, 2023, the Primex team will open access for the public to Beta 0.3.0, allowing anyone to launch the application and test the new release without restrictions.

Beta 0.3.0 introduces four new core features. As the first and the most important, Primex now deploys to two new blockchains: the Polygon Mumbai and Polygon zkEVM testnets. Consequently, users can now test Primex by trading and lending digital assets on DEXs across four different blockchains (Ethereum Goerli, zkSync 2.0 testnet, Polygon Mumbai, and Polygon zkEVM testnet). With the new multi-chain functionality, traders and lenders can now swap between different networks via a single interface.

“When we asked our community which chains we should deploy Primex on, Polygon was by far the top choice among voters. While we were happy about the results, they didn’t come as a surprise for our team. Mumbai is the testnet of Polygon PoS, the Layer 2 blockchain with the highest DeFi TVL that can achieve up to 7,000 TPS. On the other hand, zkEVM is a newer solution that uses ZK-rollups via the ultra-fast Polygon Zero technology to achieve a 90% fee reduction for users on Ethereum’s L2. For these reasons, it makes great sense to deploy Primex on the testnets of these two blockchains,” said Vlad Kostanda, Primex Finance’s Co-Founder.

Besides the above core features, the Primex team introduced additional changes to the protocol as part of the Beta 0.3.0 update, including:

  • Support for the OKX Wallet, which users can now utilize to connect their wallets to Primex alongside MetaMask and WalletConnect
  • The integration of the QuickSwap v2 DEX on Polygon Mumbai
  • Enhanced trading experience via a new bot that periodically synchronizes asset prices on the testnet with the mainnet
  • Improved UX for downloading trading history
  • The ability to see the date and time when an order or position was created on the trading page
  • Bug fixes related to the translation of the Primex application’s certain components and translation delays after a user switches between languages
  • Additional optimizations and bug fixes

About Primex Finance

Founded in 2021, Primex Finance is the first-ever cross-chain prime brokerage protocol that seeks to solve the DeFi market’s liquidity fragmentation issue by enabling spot margin trading backed by lenders across numerous DEXs and blockchains with a totally decentralized trade execution mechanism. In September 2022, the team advanced to the next stage of its roadmap by launching the platform’s Beta release. Recently, the project rolled out Beta 0.3.0, a major update to the protocol introducing a wide range of important features, functionalities, and fixes. For more information, visit Primex’s website and blog.

Contact

CMO
Anton Demenko
PrimexLabs OÜ
anton@primex.finance

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