DeFi is being known so much in recent times and there has been a great increase in the trading volume of decentralized exchanges (DEX) aggregate trading platforms have been playing a bigger role.
OpenOcean is the world’s first full aggregation protocol for crypto trading that sources liquidity from DeFi and CeFi, and enables cross-chain swaps.
This article shows simple steps on how to swap with OpenOcean Pro
1. Log on to https://openocean.finance/ and click “Go Pro”
2. Select your preferred token pair at the top right of the webpage
3. Hover to the DeFi section to see the prices for the chosen pair on the DEXes
4. Hover to the CeFi section to see the prices for the chosen pair on the Binance
5. To compare the prices of CEX, click log in/Register at the top
6. Log in or register if you are a new user
7. After Registration , the user will be directed to the Pro version where the user email will appear at the top
8. Connect to a wallet by selecting the preferred wallet
9. The best prices appear on the DeFi and CeFi section, users can check here for the best prices, and arbitrate between DEX and CEX after comparing prices.
10. Choose between ‘unlock’ or ‘infinite unlock’ to swap selected tokens
11. Allow Open Ocean to gain access to carry out transactions on your wallet
12. Confirm all transactions and wait for few minutes till it swaps
There is such a great demand for transaction efficiency in the DeFi ecosystem, a majority of transactions of financial derivatives — contracts, options, and other digital assets — will still be completed on the CEX platform in the short term. OpenOcean will also further integrate centralized trading platforms such as Binance, Coinbase, Bitmex, and Bitfinex to achieve one-step transactions on any CEX with OpenOcean portfolio margin pool and OpenOcean wallet.
If it's vice versa, OpenOcean will subsidize the user with its platform token so as to minimize the user’s loss.
It is OpenOcean’s vision to become the entry point for one-stop trading of all digital assets.
Connect with us via:
OpenOcean ANNs: https://t.me/OOFinanceAnn
OpenOcean CN: https://t.me/OOFinanceCN
#OOE #OpenOcean #DEXAggregator #DEFI