This Altcoin Decentralized Exchange Signed With DEX!

Avalanche (AVAX)by partnering with some of the industry’s leading players cryptocurrency had established itself as a strong competitor in the market and beyond.

Finally, AVAX announced that it has partnered with Dexalot.

Altcoin Avalanche (AVAX) Expands Its Borders With New Decentralized Exchange

One of the key collaborations is that it leverages a decentralized proof-of-reserve (PoR) system to offer its users advanced dApp enhancements, including asset collateral verification, prevention of arbitrage opportunities, and enhanced security measures. Chainlink (LINK) has been with.

In addition, Avalanche has formed a groundbreaking partnership with Amazon, increasing the retailer’s reach to its global customer base and making blockchain technology more accessible to users in over 100 countries.

This collaboration facilitates the creation and management of nodes in the Avalanche network, further promoting decentralization.

Adding to the positive momentum in the crypto market, these collaborations have resulted in AVAX having a valuation of over 80% since the beginning of 2023.

In addition, the altcoin has managed to stay away from bad signs that have tarnished some of its history, such as false financial data disclosure of its locked total value (TVL), network processing capacity, and massive purchases of AVAX tokens by Terraform Labs.

Dexalot positions itself as a fast and low-cost network with a wide range of benefits.

Aiming to provide a decentralized trading environment that is truly inclusive and transparent, the platform aims to rival traditional centralized exchanges with its user-friendly interface.

While maintaining decentralization thanks to Avalanche’s integration with the C-Chain network, it also incorporates some of the features of centralized exchanges such as a limited order book.

*Not investment advice.