AI-Powered crypto trading platform Soldex and HydraSwap – which was funded by lead investors: Define Capital, Kyros Ventures, Momentum 6 – both are decentralized exchanges that will implement newest technologies to the network. As a result of a new cooperation between the two, the SOLX token will be listed on HydraSwap DEX and Soldex trading bots might be implemented in the HydraSwap system soon too.
Soldex AI and HydraSwap Cooperation
Soldex is an upcoming third-generation cryptocurrency exchange built on the Solana blockchain. The major advantage over other platforms that the system will offer is the possibility for automated trading using unique trading algorithms developed by the users. The company just announced a partnership with fellow DEX, HydraSwap. The two DEXs are quite different, but both are built on Solana for its great infrastructure, extreme capability, speed and being very affordable.
Thanks to the partnership, the Soldex token (SOLX) will be listed on the HydraSwap DEX. The two projects are also in discussions that Soldex API will be implemented in the HydraSwap exchange system. Once this happens it means that Soldex.ai trading bots will be used in HydraSwap too. This will be a great development for users of both platforms.
Soldex AI bots allow users to trade in all market conditions, 24/7, and without the possibility of human error. Soldex AI will employ machine-learning and neural network algorithms and traders can choose the bots they want to use according to their risk tolerance, budget, time frame, margin, crypto pairs, volatility, and custom criteria.
If you are not yet familiar with it, HydraSwap is a cross-chain DEX on Solana providing CEX-level trading, supported by a game changing HMM core and powerful multi-module components. The next generation DEX provides cross-chain asset management solutions to traders and liquidity providers. By creating a seamless cross-chain infrastructure and implementing a game changing market making algorithm, HydraSwap aims to serve the DeFi community in a whole new way as an interconnected ecosystem.
SOLX Private Sale Is Ongoing
Soldex is designed to be very user-friendly and easy to navigate, the opposite of most DEXs. On Soldex you can experience real-time transactions, conveniently deposit using your exchange wallets and make light-speed swaps. It also allows investors to participate in community governance and incentivized liquidity. The latter means that users can lock their funds to a certain period of time and earn interest on the investment.
And most importantly for many around the world – Soldex is completely permissionless, so absolutely anyone, anywhere can engage in trading, providing liquidity, and staking. There is also no KYC requirement – so you don’t need to send ID or bank details to start trading.
The SOLX token can be used for governance rights, paying transaction fees, and staking for profits. The company is currently conducting a private sale, offering 20% of the total supply of SOLX to retail investors.