Centralized Exchange (CEX) has debut Centralized Exchange Trades (Dex) and enables customers to perform funds from their Binance money exchanges with the intention to perform Dex -trades, which eliminates the necessity for asset survival or manual transmission.
According to the exchange, customers can use the USDC (USDC) and other supported Circle StableCoins to amass tokens for Network Ethereum, Solana, Base and BNB Smart Chain.
The latest CEX-to-dex feature can also be compatible with other tools on the platform, including Binance Alpha, which offers users the chance to find emerging tokens in the event of the early stage and the Binance Quick Buy tool.
By including CEX in Dex Trading, a more smooth user experience is activated and the complexity of the exchange of digital assets is reduced.
This reduction in complexity deals with the technical obstacle for entry that’s inherent within the user experience and makes it difficult for brand new users to interact with digital assets. Complex user interfaces and chunky user experiences are one of the crucial regularly cited problems in crypto.
An online meme that makes fun of the complexity in crypto. Source: Kev.eth
Overcoming cryptos user experience problems and crypto out of the AOL -era
In November 2024, the WalletConnect Foundation and Reown arrange a typical framework for crypto money exchanges to enhance the user experience and promote user -friendliness.
Pedro Gomes, director of the WalletConnect Foundation, told CoinTelegraph that the framework of the wallet standards focused on several key areas, including “minimizing clicks, reducing transaction friction, interoperability and provision of clearer and accessible information”.
Anurag Arjun, co-founder of available-a uniform chain absurding solution and the polygon-layer-2 network, CoinTelegraph also said that the present blockchain absurdity techniques fragmentation via the ecosystem.
The co-founder of Polygon said that every blockchain network has its own security assumptions and that there may be challenges for interoperability. Arjun cited bridge techniques especially as cumbersome for the tip user.
Sandeep Nailwal, who founded Arjun Polygon, recently expressed similar feelings and said that Crypto had to enhance the user experience before gaining the mass sequel option and compared the present state of the crypto within the late Nineteen Nineties at the tip of the Nineteen Nineties.
Nailwal told CoinTelegraph that Crypto Glatter Fiat onboarding, higher custody solutions with vital recovery and hardware money exchanges needed to introduce them to mobile devices with the intention to get crypto from the “AOL -ära” and achieve mass attractiveness.
