Unizen goes live with DEX Trade Aggregator v1

CeDeFi exchange Unizen is celebrating the launch of its Trade Aggregator, offering a great user experience, unmatched ease of use, and access to trade hundreds of tokens from leading blockchains and decentralized exchanges.

With the release of the first iteration, Unizen Trade Aggregator v1 lays the foundation of its core mechanics. To underline this very point, the solution serves as a unified explorer for prices, liquidity and thousands of digital assets offered by seven blockchains and 70 DEX’s — all through a single, easy to use interface that should be easily recognizable by most users.

With the growing utilization of decentralized exchanges, Unizen Trade Aggregator is set to be a sought-after service. Behind the user experience and accessibility is the ‘decentralized’ nature of DEXs which allows users to retain complete control over their assets. It also adds a layer of privacy to crypto trading that centralized exchanges do not provide.

“Not only is this a milestone for Unizen and the community, it is also a milestone in web3 history. We’ve broken new ground to enable a true, cross-chain enabled, decentralized exchange that finds the most cost efficient trades with support for thousands of digital assets. This innovative and breakthrough product is something we’re extremely proud of and truly happy to share with Unizen’s users,” the company says in statement.

The Trade Aggregator has been in the works for over two years. As such we can easily understand that the initial development of the product coincided with the rising interest in DeFi and Web3 applications. As the latter technologies revolutionized both personal and enterprise finance, DEX aggregators have emerged to allow investors to make informed decisions about their trades and coin swaps.

What does this mean for the end user?

1) No more hopping between DEX’s to access certain assets

2) No more navigating to different blockchain bridges to move funds between networks

3) No more exposure to phishing attacks and clunky UI’s which are error prone

4) No more navigating to CMC/CoinGecko to collect token information

On top of these benefits, Unizen Trade Aggregator resolves some pain points around DEX trading such as the lack of liquidity, especially for smaller tokens. This particular  issue makes it challenging to enter and exit larger positions without significant slippage.

To address these concerns, Unizen plans to add on data sources, liquidity pools, and supported assets. It will also introduce trade splitting across liquidity pools and blockchains in a few weeks to provide a better execution price than a single exchange.

Next on its roadmap, Unizen looks to introduce CEX aggregation, stop-loss, custom liquidity pools, professional technical analysis tools, more unique trading insights, fiat conversions, token burns, and furthering ZCX’s utility.

Unizen is a smart exchange ecosystem that combines the features of both centralized and decentralized exchanges, creating a structure coined “CeDeFi.”

One of the biggest advantages of Unizen is that it supports CeFi and DeFi apps on multiple blockchain networks, so trades can be aggregated across the entire crypto ecosystem at favorable rates compared to other exchanges.

Lastly, the platform offers incentives and rewards to the native $ZCX token holders. The ZCX token permits holders to benefit from lower trading fees, similar to how BNB works on Binance. Unizen also provides numerous staking pools for ZCX, and holders of the token get to invest in emerging crypto projects incubated by ZenX Labs, which is the project’s accelerator.

$ZCX is already available on several token exchanges including Unizen, Uniswap, and other centralized exchanges such as Kucoin, Gate, MEX, and BitMart.