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DexMex Introduces Decentralized Leverage Trading to DeFi

The uniswap-based first decentralized exchange to allow peer-to-peer leverage trading, DexMex, is delighted to launch its new domain, app.dexmex.trade, at dexmex.trade. The launch took place on Sunday, 21 March, 19:00 UTC. The new domain will enable users to enjoy a new UI and short or long several ERC-20 tokens including $ETH-wBTC, $UNI-ETH, $ETH-USDC, $ERN-ETH, $LINK-ETH, $1INCH-ETH, $MATIC-ETH, $AAVE-ETH, $MKR-ETH, $DEXM-ETH with ease.

Aided by SWISS Finance’s Thiago Burgunder, DexMex becomes a part of the first Contract For Difference(CFD) platform on the Decentralized exchanges space. A CFD is a derivative instrument that gives you exposure to an asset’s price change, either short or long. The platform will also issue an AMA regarding the $DEXM project, hosted by The Gem Hunters in their telegram channel t.me/TheGemHuntersTG at 14:00 UTC. 

New UI, More Features

The two main features of the DexMex platform that are currently integrated into the new easy and convenient domain include peer-to-peer leverage trading, and liquidity that does not end in the contract. 

The new domain is easy to use, shows the minimum fund for each group and the rewards reaped from winning positions awarded by losing positions. Since the platform works within the Ethereum Network, you are not forced to borrow to short or long tokens. The platform is a CFD: payout or loss is limited by the liquidity on the side that bet against you. 

The liquidity can get generated over a while, and users can withdraw or deposit ETH to their convenience. …
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