DeGate Revolutionizes Decentralized Trading with Multi-Chain Asset Support, Zero Fees, and Advanced Trading Strategies

August 13, 2024 -  DeGate, the innovative decentralized exchange (DEX) protocol, is thrilled to announce significant enhancements to its platform, now supporting multi-chain assets including ERC-20 tokens as well as popular altcoins like SOL, NEAR, SEI, and more. This expansion reaffirms DeGate's commitment to providing a comprehensive and user-friendly trading experience, positioning it as a leader in the decentralized finance (DeFi) space.For more information, visit www.degate.com.

Multi-Chain Asset Support

In response to growing demand for versatile and inclusive trading options, DeGate now supports a wide range of assets beyond Ethereum's ERC-20 tokens. Traders can seamlessly exchange and manage a variety of popular altcoins, including SOL (Solana), NEAR (NEAR Protocol), SEI, and other leading digital assets. This multi-chain capability allows users to diversify their portfolios and engage in cross-chain trading, all within the secure and decentralized environment of DeGate.

Zero-Fee Trading with Advanced Strategies

DeGate continues to innovate with the introduction of zero-fee grid trading and Dollar-Cost Averaging (DCA) strategies. These features empower traders to automate their trading strategies with no transaction fees, maximizing their potential returns without worrying about hidden costs. The grid trading strategy allows users to profit from market volatility by buying low and selling high across a range of price points, while the DCA strategy enables systematic investing to reduce the impact of market fluctuations.

Order Book DEX with No KYC Requirements

Staying true to its decentralized ethos, DeGate operates as an order book DEX, providing users with a trading experience similar to centralized exchanges but without the need for Know Your Customer (KYC) procedures. This ensures that traders maintain full control over their assets and personal data, reinforcing DeGate’s mission to offer a trustless and permissionless trading environment.

About DeGate

DeGate is a decentralized, DAO-centric trading protocol built on Ethereum that leverages Zero Knowledge (ZK) technology to offer a secure and efficient trading experience. As a ZK Rollup, DeGate enables spot and grid trading with minimal fees while ensuring that all transactions are trustless and permissionless. With a commitment to decentralization, DeGate is designed for the community, by the community, and for the community, providing a trading platform that combines the best features of centralized exchanges with the security and transparency of decentralized finance.