Launching ARKEN
Slowly but assuredly, decentralized exchanges (DEXs) have increased in size in the past year and began to divert loads of liquidity from centralized exchanges to its way. Kickstarted by the boom of DeFi, and boom of yield farming, Nowadays there are so many DEX options to choose from in the market. However, the DEXs market still lacks much of the basic infrastructure that investors need to make them a genuine alternative.
Like it or not, the abounding options of DEXs in the market comes with the difficulty of adoption and challenges in user experience. Veteran investors who traded cryptocurrencies for years can still be baffled by the entrance of DEXs like Uniswap and Pancakeswap, spending vague amounts of time learning how the platforms work; not yet counting a complete beginner who never set foot on the market before.
Price slippage is also problem for investors with big money. With thousands of transactions hourly, cryptocurrencies price fluctuates almost constantly. By the time the trader chooses to place a market order on a DEX to when that order is executed by the platform, the rate may have changed. Slippage is the expected percent difference between these quoted and executed prices. Low liquidity in the pool can also cause higher slippage, which is why for larger the trading volume, you tend to face the higher slippage. Furthermore, the lack of cohesiveness between different platforms makes it even harder for investors to track the movements of thousands of coins, tokens, digital assets, and synthetic assets. Simply put, the way today’s DEXs work, doesn’t work for investors, either veterans or beginners.
But that’s an issue that ARKEN means to solve.
What is Arken?
ARKEN aggregates multiple DEXs into a single platform and allows traders to track movements of thousands of tokens and synthetic assets and forecast the market movement before it moves. In doing so, ARKEN tackles the principal vulnerability of today’s DEXs: significant slippage, non-real time information, and the lacks of market indicators.
Reducing Slippage with ‘Split Order’ Feature
Due to price volatility and Automated Market Maker (AMM) algorithm in many DEXs, the larger the volume, the more price impact it will be for traders. Traders often run into high price slippage when trying to swap large quantities or execute a high volume of transactions at high speed, making the order either impractical or losing most of the profit they should have yielded. With ARKEN, traders will get the best possible price with the fastest execution time and the least slippage. Firstly, our automated system looks for the DEX with the best price possible and begins the order execution; then constantly reevaluates the price conditions and looks for a better alternative as the trade proceeds. This spreads any slippage out across multiple DEXs for traders. More importantly, ARKEN uses sophisticated algorithm to split large orders across multiple DEXs to bring investors the best price possible.
Never Miss the Chance with Our ‘Real-time’ Trading View & ‘Price Alert’
But that’s not all. In the crypto space where the timing is key — ARKEN understands that quickest information decides who is going to win. While many DEXs cannot offer real-time cross-chain trades, ARKEN can. And by ‘real-time’, we really mean it. Our tool incorporates real-time trading view across multiple DEXs, offering users a single point of entry to manage digital assets with ease. Traders can analyze price movements to decide when to buy or sell at the optimal price, as well as comparing synthetic asset price with the real-world price. With our price-alert feature, you will never miss the good pricing moment. Traders can now configure notifications to notify when favorable rates have been reached, increasing the opportunity to trade at the right price, on the right time.
Supporting Advance Trading with Technical Indicators and Charts
Last but not least, specially developed to support advanced trading, ARKEN platform can be customized with over 160 different technical indicators and unique specialty charts. Veteran users can foresee market movements, monitor price volatility and look for warning signals for crash.
Summary. Why ARKEN?
With all being said, ARKEN team is actively pushing the complete product to serve the market, so that users will experience the best-in-class trading tool that offers the best price among DEXs, minimizes slippage and a real-time, user-friendly interface to control it all. We will be the one-place-for-all tokens that you can discover treasures from.
It’s never been easier. Check out Arken.finance NOW!
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